Author: NBTC

The cryptocurrency world is buzzing with recent news that the OKX X Layer head, Felix Fan, has been dismissed from his role. This dramatic development at X Layer, the public chain of the prominent crypto exchange OKX, stems from an alleged conflict of interest. The incident has not only sent ripples through the company but also highlighted the intensifying rivalry within the competitive crypto exchange landscape, particularly with a major competitor like Binance. What Sparked the OKX X Layer Head’s Dismissal? The core of the issue revolves around an alleged conflict of interest. While specific details remain under wraps, the…

CharacterX, a famous AI-led Web3 social entity, has partnered with ENI, an efficient enterprise-level blockchain network. The partnership is aimed at driving the expansion of large-scale and intuitive Web3 ecosystems. As CharacterX’s official social media announcement discloses, the development focuses on revolutionizing ecosystem interoperability and intelligence in the Web3 landscape. Hence, the collaboration is poised to integrate cutting-edge blockchain infrastructure and AI-driven tools to bolster large-scale innovation. We’re thrilled to announce the upcoming partnership with @ENI__Official, a high-performance, enterprise-grade Web3 blockchain built for scalability, modularity, and real-world adoption.Together, we’re driving the future of intelligent, large-scale Web3 ecosystems.🌐🔥 pic.twitter.com/VDDpyDcFHi — CharacterX…

Ethereum traders appear to be FOMO-trading at extremes, creating a predictable pattern where local price tops and bottoms coincide with extreme funding rates, according to analytics firm Santiment’s Thursday tweet. The data reveal a clear cycle. 📊 Ethereum has dropped back to $3.7K, and traders are showing signs of panic. The past 2 months, funding rates across exchanges dictate where $ETH goes next. When major longs dominate (greed), prices correct. When major shorts dominate, there’s a high probability of a bounce. pic.twitter.com/3s47hlDgZr — Santiment (@santimentfeed) October 30, 2025 In early September, the aggregated funding rate entered negative territory, marking a…

VideoTutor is an AI-based education company that transforms text into intelligent learning videos. YZi Labs was the first to lead a giant $11 million seed round of this innovative company. The team intends to employ the capital to put a rocket behind its AI animation engine, as well as its educational tools. VideoTutor Makes Learning with AI VideoTutor is an AI developer that develops AI tutors which build custom video lessons using text scripts. The idea is to substitute the unchanging learning assets with dynamic and intelligent, also generative AI-based learning on the platform. The new capital provides VideoTutor with…

Amsterdam — Trust Wallet, one of the world’s largest self-custody Web3 wallets, has announced a strategic partnership with Onramper, the leading fiat-to-crypto onramp aggregator, to make crypto more accessible through localized payment options in over 190 countries.—The integration enables Trust Wallet’s 210+ million users to buy crypto using 130+ local payment methods, including UPI in India, VietQR in Vietnam, and M-Pesa in Africa — providing a seamless and familiar experience for users in fast-growing markets like Indonesia, India, and Nigeria.A Seamless Path to Crypto AccessThe partnership leverages Onramper’s advanced routing engine, which automatically identifies the best fiat-to-crypto onramp for every…

Iran’s crypto mining industry is facing a widespread illegal mining crisis, with authorities estimating that over 95% of the country’s 427,000 active mining devices are operating without authorization. Akbar Hasan Beklou, CEO of the Tehran Province Electricity Distribution Company, said on Sunday that Iran has become the world’s fourth-largest crypto mining hub, fueled by the country’s heavily subsidized electricity prices, which have made it a “paradise for illegal miners.” These unlicensed operations consume more than 1,400 megawatts of power around the clock, placing immense pressure on the national grid and threatening the stability of electricity supplies. Beklou noted that most…

OpenLedger, a popular blockchain merging AI with token rewards and data attribution, has integrated LayerZero, a renowned omnichain interoperability firm. The integration focuses on enhancing cross-chain interoperability to accelerate the wider AI economy. As mentioned in OpenLedger’s official X announcement, the development is set to offer an unparalleled cross-chain bridge, permitting verified data, tokens, and AI models to move across over 130 blockchains. Hence, the initiative indicates the growing role of OpenLedger in powering cross-chain and scalable solutions to improve the efficiency and accessibility of the worldwide AI economy. OpenLedger is live on @LayerZero_Core, the leading omnichain interoperability protocol to…

Coinbase increased its cryptocurrency holdings while reporting strong earnings growth during Q3 of 2025. CEO Brian Armstrong confirmed that the company purchased 2,772 Bitcoin during that period. Jesse Pollak, Base’s lead, said that the major U.S. exchange also added 11,933 Ethereum. Pollak wrote, “And we keep buying more.” For the quarter, Coinbase reported $433 million in net income, up from $75.5 million a year earlier. Transaction revenue increased to $1.05 billion, up from $573 million. The increase came as market volatility led to higher trading activity. As of the end of September, Coinbase’s Bitcoin holdings reached 14,548 BTC, worth around…

Exciting developments are on the horizon for Indonesia’s financial sector! The nation’s central bank, Bank Indonesia, is actively planning to introduce its very own Indonesia stablecoin. This groundbreaking initiative aims to transform how transactions are conducted and how monetary policy operates within the archipelago. Imagine a digital currency that offers the stability of the traditional rupiah but with the efficiency of modern blockchain technology. What Exactly is Indonesia’s Stablecoin Plan? Bank Indonesia’s ambitious project involves issuing a stablecoin directly tied to the country’s central bank digital currency (CBDC), which is known as the digital rupiah. What makes this particular stablecoin…

du, one of UAE’s telecom and digital services provider, has launched its Cloud Miner service offering UAE residents the opportunity to mine crypto by renting computational power on a subscription basis using its existing data centers across the country. The cloud mining-as-a-service (MaaS) offering, called “Cloud Miner”, an ICT infrastructure, aims to pioneer sustainable crypto innovation. “Cloud Miner” is designed exclusively for UAE residents in line with du’s commitment to transparency, security, and regulatory compliance. Customers can bid through an online auction that will be hosted on the Online Auction website, starting from the 3rd to the 9th of November.…