Author: NBTC

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The second quarter of 2025 has been a reality check for blockchain scaling, and as capital keeps pouring into rollups and sidechains, the cracks in the layer-2 model are widening. The original promise of L2s was simple: scaling up L1s, but the costs, delays, and fragmentation in liquidity and user experience keep stacking up. Summary L2s were meant to scale Ethereum, but they’ve introduced new problems, while relying on centralized sequencers that can become single points of…

An on-chain tracker flagged a whale who reentered long ETH earlier this week and is now showing more than $7 million in unrealized profit. The wallet moved $9.5 million off Binance and opened the position on Hyperliquid, setting liquidation around $3,285 after an entry near $3,717. The same trader was fully liquidated last week, losing about $2 million on an approximate 40-day trade during the market’s deleveraging. Whale Trader Makes a Comeback With Ethereum Long The whale trader withdrew $9.5 million from Binance to open the current long position on Ethereum (ETH) via the Hyperliquid DEX platform. The whale trader…

The number of crypto millionaires has risen by 40% year-on-year to 241,700, fueled by Bitcoin’s price rally and the broader crypto market valuation pushing past $3.3 trillion by mid-2025, according to a new report. The number of crypto centimillionaires — people with crypto holdings above $100 million — rose 38% to 450, while the crypto billionaire count jumped 29% to 36 by the end of June, wealth and citizenship advisory firm Henley & Partners said in its Crypto Wealth Report on Tuesday. “This significant growth coincides with a watershed year for institutional adoption,” Henley said. Public companies and major financial…

At a London conference this week, Reform UK leader Nigel Farage cast himself as “your champion” for digital assets and sketched a platform that includes a flat 10% capital gains tax on crypto, creation of a roughly £5 billion state Bitcoin reserve anchored in seized coins, a halt to the Bank of England’s digital pound project, and optional tax payments in crypto. The pitch mirrors three policies associated with Donald Trump’s crypto campaign, including opposition to a central bank digital currency, overt alignment with miners and industry, and White House signaling around digital asset strategy that framed leadership in financial…

According to Cointelegraph, Coinbase has introduced a new program called The Blue Carpet. It gives crypto projects direct access to the company’s Listings Team, along with personal guidance and full support from start to finish. The goal is to make token listings easier, faster and more transparent. This move shows how Coinbase wants to make its connection with blockchain developers stronger and give them a clearer path to getting their assets listed. 🚨 LATEST: Coinbase launches The Blue Carpet, offering asset issuers direct Listings Team access, personalized guidance, and end-to-end support. pic.twitter.com/qeEPmZ9pCD — Cointelegraph (@Cointelegraph) October 16, 2025 What Is…

Mastercard has taken another major step toward bridging traditional finance with blockchain. In a new collaboration with Chainlink, XSwap and Swapper Finance. The global payment giant is working to connect over 3.5 billion cardholders directly to the onchain economy. Chainlink Build member @xswap_link is helping connect Mastercard’s global payment network of over 3.5 billion cardholders directly to the onchain economy.Via its execution layer, XSwap converts validated payment data into onchain swaps, powered entirely by Chainlink CCIP.… https://t.co/3zYO2eyiCp — Chainlink (@chainlink) October 16, 2025 Mastercard’s Web3 Push Gains Momentum According to the official announcement from Chainlink, XSwap a Build Program member,…

Ethereum is showing a strong chart structure as some market analysts suggest a possible price move to $7,000 by mid-2026. Meanwhile, the asset is holding key levels after a recent pullback, with trading activity reflecting a phase of consolidation. Analysts point to long-term patterns and investor behavior as reasons for this forecast. Weekly Chart Forms Bullish Pattern A technical chart shared by analyst Mike Investing shows Ethereum trading inside a flag formation on the weekly timeframe. The setup follows a steady rise in price from late 2024 into early 2025. After reaching above $4,400, ETH corrected slightly and is now…

Powell delivered a speech at the Greater Providence Chamber of Commerce on Tuesday, outlining the central bank’s economic outlook, which could heavily impact risk-on assets such as crypto. He said that GDP growth has moderated to around 1.5% in the first half of the year, down from 2.5% last year, and unemployment remains low at 4.3%. Inflation figures were also pessimistic, recently rising to 2.9% for Core PCE, which is above the Fed’s 2% target. There were mixed signals on whether the Fed has entered a new monetary policy cycle. “Our policy is not on a preset course. We will…

The U.S. government has taken major action against the Cambodian businessman Chen Zhi. Accusing him of leading a vast transnational criminal network tied to cryptocurrency investment fraud. The indictment, filed on October 8 by the U.S. District Court for the Eastern District of New York. Alleges that Chen Zhi, also known as Vincent, used the Cambodian Prince Group to operate fraudulent investment schemes across more than 30 countries. Massive Crypto Fraud Network Exposed According to the Department of Justice (DOJ), Chen Zhi’s network ran at least ten fraud compounds in Cambodia. It targets victims worldwide with so-called “pig butchering” scams.…

Key Takeaways Standard Chartered and OKX are partnering to offer regulated institutional crypto trading in Europe. OKX’s MiCA license enables secure asset custody and collateralized trading for institutional investors in the EU. Standard Chartered has joined forces with OKX to integrate regulated bank custody with crypto trading infrastructure, giving institutional investors a secure and compliant pathway to trade digital assets in Europe, according to a Wednesday announcement. The companies are extending their existing collateral mirroring and custody partnership from the UAE into the European Economic Area (EEA). The program has accumulated over $100 million in assets under custody since its…