Author: NBTC

Austria’s financial regulator said it prohibited the European arm of KuCoin from conducting new business and onboarding customers after the crypto exchange lost key compliance staff just months after gaining a Markets in Crypto Assets (MiCA) permit to operate across the European Union. KuCoin EU no longer has key function holders in anti-money laundering (AML) and prevention of terrorist financing roles, according to a statement from the regulator, the FMA, which granted the license in November. The freeze will last until the firm appoints the necessary compliance reporting staff, it said. “The effective staffing of these key functions is a…

Sonic Labs, the developer of the Sonic blockchain, has unveiled Spawn, an AI-powered platform designed to convert plain-language prompts into fully deployed decentralized applications. Spawn runs on Sonic, a high-performance network capable of processing more than 10,000 transactions per second with fast finality and low fees, making it suitable for real-time applications, including gaming and payments. The platform handles the entire web3 development workflow, including smart contract generation, compilation, on-chain deployment, and frontend creation with wallet integration, as noted by the team. It also includes an AI assistant named Spawny that helps users adjust contracts and interfaces through natural language…

Table of Contents A Major Shift for MYXMYX V2: Technical UpgradesDecoupling Liquidity from Execution Leading onchain derivatives protocol $MYX has closed a strategic funding round led by Ethereum heavyweight Consensys (of Metamask-fame), positioning the firm as $MYX’s largest investor as it prepares for a fundamental architectural shift. The funding, which included further participation from Consensys Mesh and Systemic Ventures, arrives prior to the rollout of $MYX V2. The V2 update marks the platform’s transition from a standalone dapp to a ‘modular derivative settlement engine’; a move designed to provide core infrastructure for the growing omnichain derivatives market. A Major Shift…

Ethereum remains under bearish pressure on the daily chart, with traders watching whether resistance breaks and momentum improves after recent liquidations. Ethereum ($ETH) is trading at $1,967.04, down 1.6% over the last 24 hours, with price action reflecting a choppy session that ultimately tilted bearish. The 24-hour range runs from a low of $1,927.71 to a high of $2,030.77, showing a fairly wide intraday swing as $ETH briefly pushed above the $2K area before sliding back toward the mid-range. On the activity side, $ETH shows 24-hour trading volume at $22.48B, alongside a market cap of $237.34B. Performance tiles also indicate…

Crypto markets barely flinched as a trio of macro headlines crossed the tape, with major tokens drifting sideways to lower despite fresh signals from U.S. labor data, looming Supreme Court action on Trump-era tariffs, and renewed geopolitical tension in the Middle East. Summary The crypto market rallied after the latest US NFP data. The economy added 50k job as the unemployment rate dropped to 4.4%. Focus now shifts to the upcoming SCOTUS ruling on tariffs. Bitcoin (BTC) price is currently hovering at around $90,955, up from the intraday low of $89,200 but still in the red for the day. This…

PALM BEACH, Fla. — Banking trade groups, rather than individual banks, are chiefly responsible for stalled negotiations on crypto market structure legislation, Coinbase CEO Brian Armstrong said. Banks themselves are looking at crypto as an opportunity, he said Wednesday at the World Liberty Forum hosted at Mar-a-Lago. “For whatever reason, sometimes incumbent industries have trade groups, and they view the world with a zero-sum mindset [where they believe] for the banks to win, crypto has to lose,” he said. “They’re not viewing this as a positive [step].” Banking trade groups have represented the industry in meetings with the crypto industry…

The cryptocurrency exchange OKX has released its 40th Proof of Reserves (PoR) report. According to the official statement, the reserve ratio for all 22 major crypto assets listed on the exchange exceeded 100%. According to the data, the reserve ratios for BTC, ETH, USDT, and USDC were reported as 106%, 103%, 109%, and 101%, respectively. Based on the prices at the time of verification, the total reserve value of these four assets reached $26.8 billion. OKX stated that it is the first cryptocurrency exchange in the industry to publish Proof-of-Return (PoR) reports continuously for over three years. During this period,…

London digital asset platform Archax has collaborated with the institutional Layer-1 blockchain Aptos to increase its tokenization of real-world assets (RWA). Through the collaboration, Archax will be able to bring Aptos into its tokenization engine, enabling regulated RWAs to be issued and managed on the Aptos blockchain. Aptos 🤝 @ArchaxExArchax, the UK/EU-regulated digital asset platform, has announced that it has expanded its range of RWAs onchain, enabling support on its tokenization engine for Aptos. pic.twitter.com/Dp56sIb6j5 — Aptos (@Aptos) February 19, 2026 MembersCap Tokenized Global Reinsurance Income Fund – MCM Fund I1 will be the first asset to be launched under…

Crypto markets thrive on bold moves, and few actions speak louder than a nine figure buy. Today, Tom Lee Bitmine shocked traders after executing a massive Ethereum purchase worth $69.37 million. The firm acquired 35,000 $ETH in a single day, spreading transactions across FalconX and BitGo. That scale signals more than routine allocation, it shows conviction. Markets often react strongly to sudden institutional crypto buying, especially when respected figures lead the charge. Tom Lee has built a reputation for strategic timing and long term vision. This latest Ethereum purchase instantly sparked speculation across trading desks. Investors now debate whether this…

For years, major banks treated cryptocurrency primarily as a risk to be contained. That posture is now giving way to a more deliberate form of engagement. Rather than debating crypto’s legitimacy, banks are increasingly deciding how and where to integrate it, from regulated investment products to blockchain-based payment rails. This shift is on full display in this week’s Crypto Biz. JPMorgan is extending its US dollar deposit token onto new blockchain infrastructure, signaling that tokenized cash is moving closer to production use within global banking. Morgan Stanley, meanwhile, is positioning itself to offer exposure to Bitcoin ($BTC) and Solana (SOL)…