Author: NBTC

Sam Bankman-Fried’s (SBF) lawyers are set to argue before a U.S. appeals court that the FTX founder was denied a fair trial. Summary Sam Bankman-Fried’s legal team will appear before the 2nd U.S. Circuit Court of Appeals to argue his FTX fraud conviction should be overturned. The defense claims the trial judge blocked evidence showing FTX had enough assets to cover withdrawals, which could have changed the jury’s verdict. SBF maintains that FTX’s downfall was caused by mismanagement and panic, not deliberate fraud. Sam Bankman-Fried’s legal team will reportedly appear before the 2nd U.S. Circuit Court of Appeals on Nov.…

Ethereum price started a fresh decline below $3,500. ETH is attempting to recover from $3,050 but faces resistance near $3,500. Ethereum started another bearish wave after it settled below $3,550. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,410 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,320. Ethereum Price Faces Resistance Ethereum price failed to stay in a positive zone and started a fresh decline below $3,500, like Bitcoin. ETH…

The Latin American region is tapping into blockchain-based services for payments and access to financial services, signaling that the crypto industry serves more than just financial speculators chasing the next memecoin pump. Latin American citizens are increasingly using cryptocurrency to replace the region’s inadequate banking infrastructure, allowing them to facilitate digital payments and create stablecoin-based savings accounts. “LATAM adoption is quite high. People are using stablecoins for daily life, so it’s a whole different market,” said Patricio Mesri, co-CEO of cryptocurrency exchange Bybit’s Latin American division. “Crypto is actually changing the lives of people. You see adoption in Argentina, Venezuela,…

The European Commission’s plan to expand the authority of the European Securities and Markets Authority (ESMA) over cryptocurrency and capital markets has sparked debate across Europe, with critics warning it could stifle innovation and slow decision-making. The European Union is reportedly exploring giving the ESMA direct supervisory powers over stock exchanges and crypto service providers, potentially creating a centralized regulatory framework similar to the US Securities and Exchange Commission (SEC). The European Commission is expected to publish a draft of the plan in December. Under the existing Markets in Crypto-Assets Regulation (MiCA), which took effect for crypto asset service providers…

Homeownership just got a little closer for Robinhood’s premium users. The trading platform has unveiled a nationwide mortgage benefit for its Gold subscribers, offering discounted rates through a new partnership with Sage Home Loans. Discover how neo-banks become wealthtech in London at the fmls25 The move marks Robinhood’s latest step beyond trading and investing, positioning the company in one of the most competitive corners of consumer finance. A New Route to Homeownership According to the fintech giant, eligible Robinhood Gold members can apply for home loans or refinancing through Sage Home Loans and enjoy mortgage rates at least 0.75% below…

In early November, Ethereum (ETH) lost over 12% of its value. However, major holders are buying the dip, investing around $1.37 billion in just three days to accumulate the second-largest cryptocurrency. This aggressive buying highlights strong conviction among large investors, even as the broader cryptocurrency market remains under pressure. Ethereum Whales Buy The Dip BeInCrypto reported that earlier this week, Ethereum experienced its steepest daily drop in months. The altcoin slipped to a low of around $3,000 on Tuesday, marking a nearly 4-month low. According to BeInCrypto Markets data, ETH traded at $3,384 at the time of writing, reflecting a…

Imagine a situation where justice is served, but restitution for victims remains elusive due to the unpredictable nature of modern assets. This is the pressing reality facing South Korean prosecutors concerning seized crypto assets. A recent report from the Kyunghyang Shinmun, based on data from the Supreme Prosecutors’ Office, reveals the immense difficulties in providing fair compensation when the value of confiscated virtual assets swings wildly. This isn’t just a technical glitch; it’s a profound challenge impacting real people and the integrity of the legal system. The Volatility Vortex: Why Seized Crypto Assets Are a Challenge The core issue revolves…

Crypto credit cards are no longer niche. From everyday spending to travel perks, these cards let users earn digital assets instead of points or miles. Among the leaders are Crypto.com, Coinbase, and Gemini. These three platforms now offer globally accepted credit cards tied directly to your crypto balance. But how do they really compare? Is the Crypto.com Signature Visa Credit Card still the best option, or have Coinbase’s Amex-powered card and Gemini’s Mastercard caught up? Let’s break down what each offers, starting with the card that started it all: Crypto.com’s Visa Signature. Key highlights: Crypto credit cards like Crypto.com Visa,…

The Fusaka upgrade to Ethereum, expected to go live in early December, promises to bring the world’s second-most valuable blockchain into an era of institutional-grade adoption. For far too long, Ethereum has been too slow and too costly to attract meaningful Wall Street business. That could change as Fusaka implements major improvements to how the network verifies and compresses data, increasing its speed and its capacity by 10-fold. Yet it won’t be easy for Ethereum to maintain its lead among developers as the preferred chain to build on; continued evolution will be essential for Ethereum to preserve its existing edge…

SBI Holdings, a major Japanese financial group, has made a strategic investment in a new fund launched by the US-based AI incubator AI2 Incubator Partners. Industry observers see the move as part of SBI’s long-term plan to integrate artificial intelligence into its expanding Web3 and digital asset businesses. Investment Overview and Partnership with AI2 Incubator SBI Holdings announced on October 23 that it has invested in AI2 Incubator Fund III through its US subsidiary, SBI Holdings USA, Inc. The investment aims to expand the company’s access to emerging AI technologies and strengthen collaboration with early-stage startups. AI2 Incubator is a…