Author: NBTC

Yuma, one of Bittensor’s largest contributors and the network’s third-largest validator, has published a detailed critique of the proposed “Root Reborn” upgrade, arguing that the design introduces governance, regulatory, and market structure risks that outweigh its potential benefits. The proposal, currently under review and not yet active on mainnet, would overhaul how root staking rewards are handled. Under the existing system, root dividends are effectively paid by automatically converting subnet alpha emissions back into $TAO. The new design would stop those automatic sales. 🧠 Bittensor $TAO upgrade watch: Root RebornA new Subtensor PR proposes one of the larger changes to…

Singapore, Singapore, May 25th, 2026, Chainwire LBank, the leading global cryptocurrency exchange, has officially launched its Fiat Deposit and Buy Crypto by Fiat Balance features, marking a significant step forward in bridging traditional finance and crypto trading. To celebrate the launch, LBank is running a limited-time promotional campaign from May 22 to June 10, 2026 (SGT), giving users the opportunity to enjoy zero-fee deposits and earn up to 35 $USDT in rewards. The newly launched Fiat Deposit feature supports major bank transfer methods, including SEPA, SEPA Instant, and Wire, allowing users to deposit fiat more conveniently and at a lower…

Has Donald Trump been net positive for Bitcoin? It is an uncomfortable question for many Bitcoin supporters, including me. My political criticisms of Trump are substantial and longstanding. They extend well beyond policy disagreements into questions about rhetoric, institutional conduct, and the broader political culture surrounding his presidency. None of that disappears because Bitcoin performed well during parts of his administration or because parts of the industry now view him as an ally. Still, the question matters because Bitcoin increasingly sits inside state policy, capital markets, and geopolitical competition. Once that happened, separating political preference from analytical judgment became harder.…

Controversial Redirect Rate Ethereum Infrastructure Funding Proposal Surges To Fund Joint Ethereum Development A controversial proposal surged to tackle the problem of Ethereum’s joint infrastructure funding, which has been handled by the Ethereum Foundation or interested third parties until now. Clément Lesaege, founder of Kleros and Proof of Humanity, argues that validators should be the ones taking the burden of these expenses, proposing establishing a redirect rate at the protocol level. This would allow them to direct part of their staking income to organizations managing these funds to collaborate with the Ethereum ecosystem. The proposal can be interpreted as a…

In brief The IMF said crypto flows in Nepal grew markedly between 2019 and 2024 despite a legal ban, peaking above 13% of GDP in 2021. It urged Nepal to regulate crypto under international standards, warning of capital-control evasion and deposit outflows. An expert told Decrypt that trading and remittances keep crypto alive in banned markets, making regulation a smarter tool than prohibition. Nepal banned crypto, but crypto did not leave Nepal. In a report released Tuesday, the International Monetary Fund (IMF) flagged growing crypto adoption in Nepal despite a legal ban and urged authorities to monitor the sector closely…

$XRP community figures Eri and Jake Claver recently argued that $XRP value goes far beyond cross-border payments. In a post on X, Eri shared a clip from a recent livestream by Digital Ascension Group chairman Jake Claver. The discussion focused on the so-called “stablecoin sandwich” model. Eri said she agreed with two of Claver’s key points. One of them is that Ripple has already used stablecoins such as USDT and $USDC as bridge assets in its On-Demand Liquidity (ODL) service. Ripple Already Used Stablecoins in ODL According to Eri, Ripple’s payment infrastructure has previously incorporated Tether and $USDC as bridge…

Three US Navy guided-missile destroyers came under attack from Iranian forces while transiting the Strait of Hormuz on May 7, with CENTCOM confirming that all incoming threats were successfully intercepted and the US responded with strikes against Iranian missile launch sites, command-and-control locations, and military infrastructure in southern Iran. The engagement marks one of the most significant direct military exchanges between US and Iranian forces during what is technically still a ceasefire, one brokered on April 8 and already showing serious cracks. What happened in the strait The USS Truxtun (DDG 103), USS Rafael Peralta (DDG 115), and USS Mason…

Vladimir Putin chose one of Russia’s most symbolically charged days to float the idea that the war in Ukraine might be wrapping up. Speaking during Victory Day celebrations on May 9, the Russian president suggested the conflict could be approaching “completion.” The remark came against the backdrop of ceasefire discussions reportedly brokered by US President Donald Trump, who has positioned himself as the dealmaker capable of ending Europe’s largest land war since 1945. Markets moved fast Bitcoin surged 4% to $85,000 in the hours following Putin’s comments on May 9. Ethereum followed the next day with a 3% climb, according…

Validators are entities that keep Ethereum running by locking up ether ($ETH), checking transactions and earning staking rewards for doing so. Funding, in this context, means paying for the shared work Ethereum relies on, such as developer tools, security research, public infrastructure and other projects that help the network but do not always have a direct business model. The proposal seeks to shift that burden toward validators, who earn $ETH rewards for securing the network and benefit when Ethereum becomes more valuable. It argued that validators are natural long-term stakeholders because better ecosystem funding can increase network activity, $ETH burn…

Digital Asset, the development firm behind the Canton Network (CC) blockchain used by major banks and trading firms, said Thursday it closed a $355 million fundraising round to back its efforts to bring capital markets onchain. The investment was led by a16z, with the participation of global institutions including ABN Amro, Apollo Funds, BNP Paribas, Citadel Securities, HSBC, SBI Group and the Abu Dhabi Investment Authority through a subsidiary. The amount raised beat the target of $300 million at a $2 billion valuation that was reported last month. The investment comes as traditional financial firms increasingly back blockchain infrastructure built…