Author: NBTC

California unclaimed crypto law take effect under SB 822, establishing clear rules for how dormant wallets and custodial accounts are treated. The law preserves owners’ rights, sets notification steps and limits forced liquidation while clarifying custody duties. California: what the unclaimed crypto law covers How the crypto escheatment notification requirements work Escheatment period owner notice: timing and forms State controller crypto custodian and private-key transfers Licensed crypto custodian requirement Unclaimed crypto conversion rules and reclaiming assets Claiming assets after escheatment Practical steps for exchanges, custodians and owners California: what the unclaimed crypto law covers Senate Bill 822 (SB 822) explicitly…

CZ announced that Binance’s campaign to airdrop $45 million to liquidated traders is complete. This has encouraged community praise, while some leaders raise important questions. The airdrops were in BNB, and this measure directly benefits Binance in a lot of ways. Moreover, a goodwill gesture may lead traders to forget their legitimate grievances regarding platform outages. CZ’s Binance Airdrops Since crypto’s Black Friday last week, Binance has been taking a few measures to get traders back on their feet. In addition to a $400 million support initiative, the exchange has also been airdropping BNB to rekt traders. Binance’s $45 million…

Key Notes The Starknet Foundation has awarded a grant to Alpen Labs to accelerate the development of a shared verifier for the broader Bitcoin ecosystem. Glock technology uses garbled circuits and claims up to a 1000x reduction in on-chain verification costs compared to previous models like BitVM. The initiative aims to unlock BTCFi use cases, such as native staking and borrowing, without relying on less secure wrapped assets or multisig setups. Starknet is collaborating with Bitcoin BTC $110 904 24h volatility: 0.4% Market cap: $2.21 T Vol. 24h: $77.65 B research firm Alpen Labs to build a highly secure, trust-minimized…

Solana-based decentralized exchange aggregator Jupiter has officially released Ultra v3, dubbing it “the most advanced end-to-end trading engine ever created.” The new edition represents a significant overhaul in how traders exchange assets within Solana’s burgeoning DeFi universe. According to Jupiter’s team members, Ultra v3 offers up to 34 times better sandwich protection, superior slippage control in the industry, and fees that are up to 10 times more cost-effective. Collectively, these enhancements are designed to provide users with more reliable trading and faster trade executions, especially during periods of peak network usage. Central to Ultra v3 is a new routing engine…

Nicolas Julia, CEO of fantasy sports crypto platform Sorare, said he hasn’t lost faith in Ethereum despite its plan to migrate to Solana — a move he has described as an “upgrade.” Last Thursday, Sorare announced that it would migrate from Ethereum after six years, capitalizing on Solana’s scalability and consumer-focused user base. The company will move over 10 sports games and their trading cards to Solana. “It’s not a replacement, it’s an upgrade,” Sorare said at the time. Julia later explained to Cointelegraph that Solana is the most viable chain as it leads the fantasy sports crypto vertical in…

The US market looks like a crypto powerhouse, but in reality, only a small fraction of American investors have material crypto exposure. Recent data shows most investments still go toward traditional assets. American investors have limited crypto exposure, when it comes to material allocations. A new Bank of America survey, cited by the Kobeissi Letter, notes over 75% of investors have no exposure to crypto. The USA is a powerhouse of transactions and institutional activity, but crypto ownership is comparatively low | Source: Triple-A The data matches a previous Gallup survey, showing only 14% of American investors held crypto, and…

The U.S. Securities and Exchange Commission (SEC) has long been a key player in regulating the financial markets, and its recent push for an “innovation exemption” signals a new direction for the digital asset sector. Confirmed by a CoinDesk report, SEC Chair Paul Atkins has outlined plans to formalize this exemption by the end of 2025, aiming to provide more regulatory clarity for crypto firms. Innovation Exemption: A Step Towards Supporting Crypto Innovation In his remarks, SEC Chair Paul Atkins has expressed a commitment to creating an “innovation exemption” that would enable firms in the crypto space to experiment more…

The biggest liquidation event in crypto history took place on Friday, with over $19 billion worth of positions getting rekt in just 24 hours, according to CoinGlass. In the days since, industry experts have undertaken a postmortem on the chaos—and the rise in leverage has been highlighted as a potential risk to the crypto market’s long-term health.  The surge in popularity in Hyperliquid, a decentralized exchange that specializes in perpetual futures trading, has made leverage in crypto more accessible than ever before, leading to rival exchanges competing over their leverage offerings. Some experts believe this is creating systemic risk, with…

Kadena, the scalable Layer-1 Proof-of-Work blockchain, today announced a partnership with tokenization specialist Brickken to bring institutional-grade real-world asset (RWA) infrastructure to its Chainweb EVM network. The collaboration combines Kadena’s technical scalability with Brickken’s compliance-driven tokenization tools to accelerate enterprise blockchain adoption. Building compliant tokenization for institutional use Under the collaboration, Kadena and Brickken plan to tokenize an initial $10 million in real-world assets as part of the testnet launch, with a full mainnet rollout expected in 2026. The initiative comes amid forecasts that as much as $16 trillion in assets could be tokenized by the end of the decade.…

For years, XRP has been one of the most traded cryptocurrencies in the world. But it’s remained stuck mostly outside of DeFi. While tokens like Ethereum and Solana built entire ecosystems of decentralized lending, staking, and yield farming, XRP holders weren’t so lucky. That’s because the XRP Ledger (XRPL), though fast and efficient for payments, doesn’t support smart contracts. Flare Network wants to close that gap. Built as an EVM-compatible Layer 1 blockchain, Flare brings programmability to non-smart-contract assets like XRP, Bitcoin, and Dogecoin. And at the heart of this new connection is FXRP. It’s a token that mirrors XRP…