Author: NBTC

US election news arrived Sunday when Michigan Attorney General Dana Nessel formally rejected a Department of Justice demand for ballots and voting materials from Wayne County, which includes Detroit, calling the request “as absurd as it is baseless” in a joint statement with Governor Gretchen Whitmer and Secretary of State Jocelyn Benson. US election news from Michigan produced a sharp legal and political confrontation Sunday as the state’s top law enforcement officer refused to comply with a federal demand for Detroit-area election records. Attorney General Dana Nessel, Governor Gretchen Whitmer, and Secretary of State Jocelyn Benson issued a joint statement…

The Securities and Futures Commission (SFC) in Hong Kong has launched a new framework that allows authorized tokenized funds to be traded around the clock on licensed platforms. To support this new system, Hong Kong has launched several projects like EnsembleX and EndembleTX to facilitate the use of regulated stablecoins and tokenized deposits What products can be traded 24/7? Hong Kong’s Securities and Futures Commission (SFC) has released a new regulatory framework that allows SFC-authorized tokenized products to be bought and sold on secondary markets, including overnight and on weekends. As of March 2026, 13 tokenized products were already sold…

HashKey Cloud, the digital asset infrastructure service platform under HashKey Group, has partnered with Ethereum Applications Guild to introduce a new ETH staking support solution for the Ethereum application ecosystem. The announcement was made during the Hong Kong Web3 Festival. The collaboration focuses on providing transparent and verifiable staking infrastructure for developers and community members. Users retain full control over their assets, while a contribution mechanism allocates part of staking rewards to support the growth of Ethereum-native applications. EAG, a nonprofit organization, works to connect developers, institutions, and other participants to build open and scalable collaboration models. The group originated…

BitMine Immersion Technologies (BMNR), the largest Ethereum-focused digital asset treasury firm, sped up its crypto purchase pace as chairman Tom Lee sees growing signs of the crypto “mini-winter” ending. The firm reported Monday it acquired 101,627 ether ($ETH) last week, its largest weekly haul since December 15. The purchase, worth roughly over $230 million at current $ETH prices, lifted BitMine’s total holdings to 4.97 million $ETH. The move comes as most digital asset treasuries — except Michael Saylor’s bitcoin-focused Strategy (MSTR) — have slowed or halted buying in recent months. BitMine remains among the last large-scale buyers of ether-focused treasuries,…

If you are a bank, your core business model is quite elegant. You take people’s money, you pay them zero percent interest on their checking accounts, and you lend that money out to other people at five or seven percent interest. You keep the difference. This is a very good business, and if you have it, you will fight very hard to keep it. The problem with paying your depositors zero percent is that eventually, someone else will come along and offer to pay them something. When this happens, you have two choices. You can raise your own deposit rates…

Hong Kong, May 2025 – In a landmark move for digital asset integration, the HashKey Exchange has announced a pioneering partnership with Shanghai Commercial Bank (SCB) to launch a Visa credit card. This initiative marks the first instance globally where a fully licensed digital asset exchange collaborates directly with a traditional bank to issue a mainstream payment card. The announcement, made by HashKey Exchange CEO Livio Weng at the Hong Kong Web3 Carnival, signals a significant step toward normalizing cryptocurrency in everyday finance. Registrations for this groundbreaking financial product will commence on May 11, 2025. HashKey Visa Credit Card: A…

KelpDAO’s $292 million rsETH exploit landed at the wrong moment for DeFi. Roughly $10 billion left the sector over the weekend, after confidence had already been shaken by Drift Protocol’s April 1 breach and Venus’s March post-mortem. That combination makes DeFi’s problem harder to ignore. Open DeFi is still alive, but it is losing the case for being the default gateway to on-chain finance. Stablecoins, tokenized Treasuries, and regulated settlement rails continue to scale, while permissionless protocols continue to absorb the trust discount. A hack scoreboard circulating on X captures the mood. Hack scoreboard 2026 (source: Our Crypto Talk) Some…

$ETH trades at $2,305 on April 20, up 1.84%, holding inside the 3H ascending channel that analyst Elja flagged as the short-term decision point, while weekly ETF inflows hit $276M and spot netflow turns positive for the first time in two weeks. $ETH Daily Chart: Supertrend Holds As Support But SAR At $2,462 Has Not Flipped $ETH Daily Price Action (Source: TradingView) The descending channel from the October peak near $4,800 remains the dominant structure. Since the February low near $1,800, $ETH has been recovering with the Supertrend at $2,048 flipped bullish and sitting as the daily floor. The SAR…

The SEC is positioning its first year under Paul Atkins as a turning point toward clearer regulation and stronger markets. The SEC Chair described it as a historic year, stating the agency delivered on its promises. Key Takeaways: SEC emphasized regulatory clarity as key to stronger U.S. capital markets. Paul Atkins framed his first year as historic, with a focus on innovation and growth. NYSE event reinforced policy shift supporting crypto and market competitiveness. ‘It’s Been a Historic First Year as SEC Chairman’ A first anniversary appearance at the New York Stock Exchange (NYSE) highlighted the market impact of U.S.…

Lydian has launched the Lydian Card, a co-branded Visa Platinum card issued by Rain that allows users to spend more than 300 supported digital assets, including stablecoins and major cryptocurrencies, across Visa’s global merchant network. The card is available in both physical and instant-issue virtual formats and can be used wherever Visa is accepted, giving cardholders access to more than 150 million merchants worldwide, according to a release seen by Bitcoin Magazine. Users will be able to fund, manage, and track transactions through an app or online dashboard, aiming to streamline the conversion of digital assets into everyday purchasing power.…