Author: NBTC

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…

Lite Strategy, a public company focused on Litecoin treasury holdings, announced a $1 million strategic investment in ZK Innovations, a blockchain infrastructure developer behind LitVM. The deal makes Lite Strategy one of the key institutional partners supporting the next stage of the Litecoin ecosystem. Along with funding, Lite Strategy received governance participation rights and the option to acquire a share of future network tokens. LitVM is preparing to launch its mainnet and aims to bring smart contracts to Litecoin for the first time. The project is designed to expand Litecoin beyond payments by supporting dApps, tokenized RWAs, and other blockchain-based…

Changpeng Zhao, the founder and former CEO of Binance, is continuing to give interviews after completing his prison sentence in the US. Speaking to the Crypto Banter channel, CZ described his experience as a “turning point in his life,” sharing his vision for the future and his personal transformation. CZ stated that before going to jail, his lawyers warned him about his biggest fear: “extortion and blackmail.” He added, “Newspapers were writing that I was the richest person to ever go to a US prison.” CZ said he befriended a former Cisco software engineer who was sentenced to 25 years…

Ethereum is on the verge of making unfortunate history. The second-largest cryptocurrency by market capitalization is on the cusp of recording three consecutive losing quarters for the very first time. At press time, the flagship altcoin, which recently slipped to fifth place by market capitalization, is changing hands at $1,732, CoinGecko data shows. The massive losing streak What is notable is that Ethereum has never printed three consecutive losing quarters. However, this is about to become reality. Ethereum ended the final quarter of 2025 deep in the red with a return of 28.28%. Bears extended their winning streak into the…

South Korea retained its position as the world’s second-largest cryptocurrency market in the first quarter of 2024, with an estimated trading volume of $69 billion, according to a report from U.S. blockchain analytics firm TRM Labs. The data, cited by the Seoul Economic Daily on June 11, places the United States firmly in the lead at $212 billion, followed by Russia ($48 billion), India ($46 billion), and Turkey ($40 billion). Sharpest Year-over-Year Decline Among Major Markets Despite its high ranking, South Korea’s trading volume fell 28% compared to the same period last year—the steepest decline among the top five markets.…

Tiger Research, an Asia-based research and consulting firm, stated that Solana is emerging as the fundamental infrastructure for the next generation of Internet Capital Markets (ICM). Tiger Research’s latest report states that global financial institutions, including JPMorgan, Visa, and PayPal, are conducting pilot projects for Solana-based asset issuance, payment settlement, and tokenized products. According to the analysis, the cryptocurrency market is transitioning from technical experiments to an industrial phase, and its ultimate form will be the creation of internet capital markets. At this point, it is stated that the most concrete example of this transition in the cryptocurrency market is…

The US Treasury has sanctioned the Popular Conference for Palestinians Abroad (PCPA) and six Gaza-based charities, designating them as part of what officials describe as a Hamas support network. The action freezes any US-linked assets held by the entities and makes it a crime for US persons to conduct transactions with them. At the center of the designation is the allegation that PCPA helped organize humanitarian flotillas challenging Israel’s naval blockade of Gaza, not as independent civil society efforts, but as operations coordinated with Hamas. The distinction matters, because it transforms what organizers call aid delivery into what the US…

Michael Saylor is laying out how STRC fits into Strategy’s broader bitcoin playbook, giving investors a clearer view of why the company sees it differently from $BTC or MSTR. The message focuses on income, liquidity, and stability as the company builds out its preferred equity strategy. Key Takeaways: Saylor explained how STRC supports Strategy’s broader bitcoin-focused capital structure and financing approach. Strategy emphasizes stability, liquidity, and dividends instead of direct bitcoin price exposure. Proposed dividend changes are designed to improve liquidity and support steadier STRC pricing. Saylor Frames STRC as Strategy’s Income Credit Product Strategy Executive Chairman Michael Saylor has…

Ethereum [$ETH] has been experiencing a pullback after a recovery, revisiting the bottom boundary of its ascending channel at approximately $1,733. This pullback stood out as it was followed by a bull run that pushed $ETH up to the middle portion of the structure and then slowed down. Buyers were able to defend the price when it pulled back to the 200-hour SMA, which is now sitting under all current price action. Since the last major drop, the channel has continued to act as a guide to push price higher, indicating that the most recent pullback represents a reset rather…

Robbie Petersen, a partner at the crypto-focused venture capital firm Dragonfly Capital, has departed the firm to join a16z Crypto, the digital assets arm of Silicon Valley heavyweight Andreessen Horowitz (a16z). The move marks another high-profile personnel shift within the increasingly competitive landscape of cryptocurrency venture investing. A Vote of Confidence in Blockchain Fundamentals In a public statement shared on X, Petersen framed his decision around a long-term conviction in blockchain technology. He argued that as broader technology adoption trends continue to prioritize efficiency, the market will inevitably recognize blockchain as the most efficient infrastructure available. Petersen further stated that…