Author: NBTC

XRP holders scored a victory in India after a court ruled that cryptocurrencies qualify as property under law, marking one of the country’s clearest legal acknowledgments of digital asset ownership. The Madras High Court on Friday barred WazirX, India’s largest crypto exchange, from redistributing a customer’s 3,532 XRP holdings to offset losses from a $234 million hack that hit the platform in July last year. Justice N. Anand Venkatesh said the user’s XRP tokens, purchased in January and unaffected by the incident, could not be diluted under the exchange’s “socialization of losses” plan. “It is not a tangible property nor…

Bitcoin and Ethereum walked, so Solana and XRP could run, according to Giovanni Vicioso, CME Group’s global head of cryptocurrency products. The world’s leading derivatives marketplace began offering futures contracts for the smaller cryptocurrencies earlier this year, and they’re getting a boost from infrastructure and liquidity that wasn’t there before, Vicioso told Decrypt on Wednesday. “These products, hands down, have been our fastest growing,” he said. “Solana and XRP had an ‘accelerating advantage,’ if you will, because they were able to benefit from the learnings that we saw in the marketplace with the launch of Bitcoin and Ethereum.” On Monday,…

Bitcoin BTC$115,111.97 mining still generates nearly all of the sector’s revenue even as the focus is shifting to artificial intelligence (AI), broker Canaccord Genuity said in a report on Tuesday. However, the pivot makes sense as miners built out vast energy infrastructure for bitcoin that now positions them to power the next wave of AI data centers, said Canaccord’s analysts, led by Joseph Vafi. Sector evolution is accelerating, driven by rising AI investment, more miner-AI deals, lower financing costs, and new corporate structures. However, bitcoin mining fundamentals remain strong, with prices near record highs and costs ranging from $30,000 to…

GoPlus Security and Brevis Network have announced a strategic collaboration aimed at strengthening the Web3 security landscape. The two companies will co-develop the “Security Oracle,” a decentralized and verifiable oracle network tailored for on-chain risk assessment and data validation. The proposal combines blockchain intelligent with multi-chain security engine of GoPlus Security with zero-knowledge proof (ZKP) and verifiable computation of Brevis. This collaboration will offer the decentralized applications, wallets, and protocols with standardized and privacy-preserving security data services. We’re excited to announce GoPlus × Brevis @brevis_zk have formed a strategic partnership to build the “Security Oracle”,Together, we strive for a more…

STBL, a native governance token for connecting traditional finance (TradFi) with decentralized finance (DeFi), has announced its multi-faced partnership with Kaito Mindshare, a blockchain project’s brand awareness, relevance, and long-term visibility within the Web3 ecosystem. The main purpose of this partnership is to provide authentic information about STBL stablecoins by giving handsome incentives to creators who provide verified insights and deep public understanding. The STBL × Kaito Mindshare Campaign is live.A new creator leaderboard is now tracking verified conversations and insights around the STBL ecosystem.Join the initiative shaping how information about programmable stablecoins is shared and rewarded.Leaderboard →… pic.twitter.com/N8rGLpSMxP —…

Nakamoto Holding’s share price has plunged more than 98% from its all-time high in May. The drop stemmed from its $563 million private investment in public equity (PIPE) deals, which triggered heavy selling by investors. The Bitcoin treasury firm’s financing model sold heavily discounted shares to private investors to fund Bitcoin purchases, which massively diluted existing shareholders. The deal flopped after the launch of a large batch of PIPE shares for sale in September. Bailey seeks to fold Nakamoto with other companies The NAKA chart looks absolutely disgusting. These PIPE deals are destructive and may be impossible to come back…

Australia’s competition regulator is suing Microsoft, alleging the software giant deliberately misled 2.7 million customers about cheaper subscription alternatives when it forced its AI assistant, Copilot, into Microsoft 365 plans alongside steep price increases. The Australian Competition and Consumer Commission filed proceedings on Sunday against Microsoft Australia and its U.S. parent corporation, alleging the company provided subscribers with false information about their options after integrating Copilot into personal and family plans on October 31 last year. Microsoft reportedly told auto-renewing subscribers they had two choices: accept Copilot integration with higher prices, or cancel their subscription entirely, according to the ACCC. …

SwissBullion.eu now accepts XRP and Ethereum payments for gold, silver, platinum, and palladium purchases. The firm aims to offer faster, borderless settlements and expand access for international clients. SwissBullion.eu, a leading European precious metals dealer, has expanded its accepted payment methods to include Ripple’s XRP and Ethereum (ETH). The firm, which already supports Bitcoin and major stablecoins, stated that the addition of these two assets is part of a growing client demand for faster, borderless payment options. Precious metals dealer SwissBullion now accepting #XRP and ETH for precious metals purchases. (They mislabel it as “Ripple” in the p/r in places).…

Canaan Inc. has pulled the curtain back on its next-generation Avalon A16 series bitcoin miner, revealing the A16XP model at the Blockchain Life 2025 summit in Dubai. The new ASIC-powered machine flexes 300 terahash per second (TH/s) with a lean energy efficiency rating of 12.8 joules per terahash (J/TH). Canaan Launches 300 TH/s Avalon A16 According to the media release, the A16XP, an air-cooled mining machine, aims to give miners a sharper edge in an increasingly competitive environment where every joule counts. The company says, Canaan’s signature durability and reliability, the machine is designed to help mining operators maintain uptime…

Jamaicans have rushed to download Jack Dorsey’s decentralized peer-to-peer messaging app Bitchat as the fatal Hurricane Melissa continues to rip through the Caribbean. Bitchat — which uses Bluetooth mesh networks for internet-free, encrypted communication — is now the second-most downloaded app on the Apple App Store and Google Play in Jamaica, offering a lifeline for 2.8 million people as internet coverage continues to falter in the region. Bitchat only trails weather forecast platform Zoom Earth — indicating that two of Jamaican’s most basic needs right now are to know what the weather is, and to communicate with one another. Bitchat’s…