Author: NBTC

Crypto-related stocks have been pummeled on Wednesday with recently high-flying bitcoin miners with artificial intelligence (AI) infrastructure taking the biggest hit. Bitfarms (BITF), Cipher Mining (CIFR), Hut 8 (HUT) and HIVE$0.1359 tumbled 10%-15% in the early hours of the session. Galaxy (GLXY), the digital asset investment firm with a growing data center operation, was beaten down 15% more than erasing all of its gains after Tuesday’s earnings report. The CoinShares Bitcoin Mining ETF (WGMI), a proxy for the sector, was 7% lower. Crypto stocks outside of mining weren’t spared either. Bakkt Holdings (BKKT), which surged over 300% earlier this month,…

Americans are growing increasingly uneasy about artificial intelligence infiltrating their daily lives, with half now saying they’re more concerned than excited about the technology—a sharp jump from 37% just four years ago, according to a new Pew Research Center survey. The study of 5,023 U.S. adults, conducted in June 2025 and published this week, reveals a nation grappling with a fundamental paradox: While 73% say they’d let AI assist with day-to-day tasks, 61% simultaneously want more control over how it’s used in their lives. Half of U.S. adults say the increased use of AI in daily life makes them feel…

A draft law filed in the Russian parliament proposes to recognize cryptocurrency as jointly owned property, subject to division upon divorce. The sponsors of the legislation seek to solve an outstanding issue that grows with the increasing number of Russians who choose to invest in crypto. Russia to recognize crypto assets as family property A bill filed in the State Duma, the lower house of the Russian parliament, recognizes cryptocurrency as joint property of spouses, Russian media reported. The draft law was put forward by Igor Antropenko, a member of the Industry and Trade Committee representing the parliamentary faction of…

The Great Crash of Friday, October 11th is still having an impact. As is well known, Bitcoin and altcoins experienced a major crash on October 11th, and the market witnessed the largest liquidation in crypto history. Binance May Face Lawsuit! Ten days after the crash, Wintermute CEO said Binance is facing potential lawsuits over the October 11 liquidations, as debates continue about the causes and aftermath of the crash. Binance took immediate action regarding the problems and losses experienced on the exchange, announcing a $400 million compensation plan. However, according to the CEO, even the compensation announcement won’t prevent Binance…

Coinbase (COIN), the crypto exchange that bought the largest crypto options exchange, Deribit, for $2.9 billion earlier this year, expects a wave of traditional finance (TradFi) institutions to start using digital asset derivatives for investments or hedging, said Usman Naeem, global head of the Nasdaq-listed company’s derivative sales. The institutions waking up to globally regulated crypto derivatives are typically asset managers, who have a fiduciary duty to either speculate or conduct strategies beyond simply providing liquidity, which is the realm of market makers, Naeem said in an interview with CoinDesk. They’re most likely to come from the U.S. and Europe…

Helius Labs CEO Mert Mumtaz and one of Solana’s co-founders, Anatoly “Toly” Yakovenko, publicly aired differing opinions on X around the polarizing topic of tokenization. The Solana camp has always been close-knit and closely bonded by a shared underdog mentality, callused by challenges like downtimes after it burst onto the scene as the “Ethereum Killer.” So, when major parties have a clash of ideals, it tends to get noticed. Why create a token? The exchange between Toly and Mert began after the Solana co-founder responded to a post by the latter asking why a wallet needs a token. “Is there…

A US court rejected a seizure request by international investment funds that sought to link crypto funds linked to the LIBRA scandal to the Argentine State. Instead, a judge noted that the evidence pointed toward private individuals as the parties controlling the funds. The conclusion further complicated the involvement of Argentine President Javier Milei, his sister Karina, and LIBRA promoter Hayden Mark Davis. Judge Points Finger at Milei Insiders This week, Federal Judge Jennifer Rochon in the Southern District of New York denied a request by international investment funds that had attempted to seize LIBRA cryptocurrency assets by linking them…

Crypto.com has enabled deposits and withdrawals of USDT and USDC via the Polkadot Asset Hub, it announced early Tuesday morning through the X social platform. The Singapore-based exchange confirmed users can now transact stablecoins directly through Polkadot’s Asset Hub, the specialized parachain for transferring non-native tokens and creating NFTs using smart contracts. According to Polkadot’s website insight, the Asset Hub is a Layer 1 bridge for non-native tokens and an experimental ground for decentralized asset management. Crypto.com activates stablecoin Asset Hub transactions post-migration The announcement comes exactly three weeks after Binance supported Polkadot and its sister network Kusama to migrate…

Co-CEO of Solflare, Filip Dragoslavic, explains why DeFi is increasingly becoming competitive with tradFi and CEXs. Summary Filip Dragoslavic of Solflare explains the key trends in DeFi The share of DEX trading volume has grown from 1% to 25% since 2022 Solana has more than doubled its DeFi TVL, with even stronger performance in volumes Privacy-focused payments could be the next big thing for DeFi DeFi is staging a comeback, and this time, it might stick. After two years of bear markets, the DeFi industry is approaching all-time highs, with tighter security, more users, and a new air of institutional…

Airdrops are Web3’s go-to growth hack, flooding wallets with billions of dollars in tokens to onboard new users, but the data shows most of that hype fades in just 90 days. According to a report from DappRadar, projects across DeFi, NFTs, and blockchain gaming have handed out more than $20 billion in tokens since 2017, including $4.5 billion in 2023 alone. The effect was immediate as Layer-2 chain Arbitrum, for instance, processed 2.5 million daily transactions at launch, while NFT marketplace Blur grabbed over 70% of NFT trading volume overnight. But the hype doesn’t seem to stick. On average, activity…