Author: NBTC

U.S.-based Bitcoin mining giant Riot Platforms has moved 500 Bitcoin ($BTC), valued at approximately $30.72 million, to a custody account managed by NYDIG, according to on-chain data provider Onchain Lens. The transaction, which occurred roughly eight hours ago, has prompted widespread speculation within the crypto community that the company is preparing to sell a portion of its treasury holdings. Details of the Transaction The transfer was detected by blockchain analytics firm Onchain Lens, which flagged the movement of the funds from Riot’s known wallets to an NYDIG custody address. NYDIG is a prominent institutional custodian and financial services platform specializing…

The Blockchain Association, a leading crypto industry trade group, submitted a formal letter on June 1 supporting a U.S. Department of Labor proposal that would explicitly permit cryptocurrency investments within 401(k) retirement plans. The proposed rule aims to implement President Donald Trump’s Executive Order 14330, which seeks to expand investor access to alternative assets in employer-sponsored retirement accounts. What the Proposed Rule Would Change The Department of Labor’s proposal reaffirms that the Employee Retirement Income Security Act (ERISA) does not inherently prohibit any specific asset class from being included in 401(k) investment menus. This clarification is significant because it removes…

Zachary Soesbee, CEO of Anvil Development Agency and Cardano Constitutional Delegate, has voiced deep frustration with the current state of the Cardano ecosystem. In a statement on X, Soesbee revealed that he invested his time, expertise, savings, and even retirement funds into Cardano while operating Anvil under extremely lean conditions. He noted that both he and his co-founder went three years without taking salaries to ensure employees received their pay on time and the company remained afloat. According to Soesbee, he initially viewed Cardano as a community of determined builders working toward a shared vision. However, he argued that some…

Getting licensed under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework is only the beginning for crypto custodians, as regulators turn their attention from authorization to operational resilience. The European Securities and Markets Authority (ESMA) on Wednesday launched a Common Supervisory Action (CSA) to examine the operational resilience of crypto asset service providers (CASPs), placing custody services at the center of the review. “The signal is quite clear: for custodians, a licence is the start line, not the finish,” Sebastien Dessimoz, co-founder and managing partner at digital asset infrastructure firm Taurus, told Cointelegraph. The review comes shortly after MiCA’s…

Amid the ongoing merge mining debate in the Dogecoin community, co-founder Billy Markus offers a non-partisan take on the subject. Merge mining, or Auxiliary Proof of Work (AuxPoW), allows users to mine two or more coins, including Dogecoin, with the same hashpower and proof-of-work without splitting. Markus, who goes by “Shibetoshi Nakamoto” on X, believes removing merge mining is pointless and should not be done. as a non-dev who has no investment in any scrypt altcoins and just thinks proposals should solve actual necessary problems and not random made up ones for self-serving reasons, i find this reply disingenuous removing…

In attempting to modernize and better meet its customers’ needs, MoneyGram has partnered with the Stellar network, which has underpinned many of the company’s blockchain initiatives over the past five years. But the company has also started exploring other ecosystems: while Stellar remains a core partner, MoneyGram has also become a validator on Solana and Tempo. For MoneyGram, the immediate payoff isn’t speculative crypto activity, it’s replacing legacy financial rails. Today’s cross-border settlement still largely depends on banking hours and weekday processing. Blockchain-based infrastructure, Soohoo argued, enables real-time settlement around the clock, reducing operational costs while improving the customer experience.…

Liquidations Drop Sharply Amid Marginal Gains Bitcoin consolidated between $61,000 and $62,000 following sizable gains during the first two days of July, as rising selling pressure capped its bullish momentum. Market data revealed that after a brief slide to $61,300, the digital asset oscillated below $61,600 before launching a post-midnight rally to reclaim the $62,000 threshold. A subsequent push carried bitcoin to an intraday high of $62,338 before it pulled back. At publication time (12:47 p.m. EST), bitcoin was trading at $62,000—marking a modest 1.5% daily gain, compared to the roughly 3% surges seen on July 1 and 2. The…

Monthly inflows into digital asset treasury (DAT) companies fell to $180 million in May, the lowest level since October 2024, according to DefiLlama data. The May total was down 95% from April’s $4.4 billion and about 93% below the monthly average for January through May. The drop followed two strong months for DAT inflows, with data showing $4.2 billion in March and $4.4 billion in April. Bitcoin treasury companies accounted for nearly all of May’s DAT inflows, with $177 million (about 98%) of the monthly total. However, Bitcoin inflows were also down sharply from their $3.8 billion recorded in April.…

The $XRP Ledger is entering a phase where long-term infrastructure priorities are starting to take center stage. As the $XRP Ledger builds quantum readiness in a multi-phase approach alongside security, tokenization, and agentic workflows, RippleX head of engineering J. A. Akinyele explains why this critical infrastructure can’t afford to wait. Q-Day is coming and most chains aren’t prepared.The $XRP Ledger is building quantum readiness in a multi-phase approach, in parallel with security, tokenization, and agentic workflows.@ja_akinyele explains why infrastructure this critical can’t afford to wait:… pic.twitter.com/Ck7I3K9ldV — RippleX (@RippleXDev) June 12, 2026 In a 2.13-minute video clip posted by the…

Terraform Labs’ bankruptcy court cleared the Plan Administrator to use Jump Trading documents in a lawsuit seeking at least $4 billion while rejecting four late crypto-loss claims. One order lets the administrator use Jump Trading documents in the $4 billion lawsuit. The other rejects four late claims, narrowing who may share in any recovery. Neither decides whether Jump owes money or how much creditors could receive. Court permits evidence after finding a violation In a July 8 order, Bankruptcy Judge Brendan L. Shannon found that the Plan Administrator violated the protective order as written by using “Jump Reproduced Documents” in…