Author: NBTC

Rumors that Binance founder and former CEO Changpeng Zhao (CZ) may be pardoned are growing stronger in Washington. Talks have accelerated within the Trump administration regarding a possible presidential pardon for Zhao. Zhao, considered one of the most influential figures in the cryptocurrency world, pleaded guilty to money laundering in 2023 as part of a plea deal with the US Department of Justice, and Binance agreed to pay a total of $4.3 billion in fines. Zhao personally paid a $50 million fine and resigned from his CEO position, before receiving a four-month prison sentence. Zhao began his sentence in April…

Binance and founder Changpeng Zhao (CZ) are pushing toward rewriting the meme coin playbook. Following days of cryptic posts and speculation, the world’s largest crypto exchange has unveiled “Meme Rush.” Meme Rush is a Binance Wallet-exclusive meme ecosystem designed to merge community speculation with structured market mechanics. It also offers early access to future Alpha listings. How CZ Is Turning Binance Wallet into a Meme Coin Powerhouse It began with a teaser from Binance Co-founder Yi He, who hinted at the new product, expected to be a big deal. 大的要来了。New products are coming soon. — Yi He (@heyibinance) October 9,…

Cake Wallet, a mobile cryptocurrency app with a strong privacy focus, has recently announced the integration of xStocks to its supported tokens, to be released on the next update. The xStocks technology allows users throughout the world to get exposure to world-class equities like Google, Amazon, and Nvidia, in a familiar crypto format, minimizing the low privacy and high-friction user experience common to traditional finance.“With Cake Wallet, anyone can be their own bank and their own brokerage, saving and investing from the same decentralized ecosystem,” said Vikrant Sharma, CEO of Cake Labs. Alex J., Chief Product Officer (CPO) at LetsExchange,…

DeFi protocols and perpetual DEXs survived the biggest liquidation events on October 10-11 with flying colors. This time, DeFi benefitted from fees and managed to control its liquidations. DeFi and perp DEXs performed better following the October 10-11 market shakedown. The DeFi space, including perpetual DEXs, still saw liquidations, but showed it was much more stable compared to the 2022 crash. As Cryptopolitan reported, crypto faced $19B in liquidations, the worst event since the crash of FTX. However, this time around, DeFi showed relatively limited crisis effects. This time around, DeFi has more reliable collaterals, including those based on tokenized…

The Trump administration is reportedly “leaning toward a pardon” for Binance co-founder Changpeng “CZ” Zhao, who pleaded guilty to money laundering charges in 2024 and spent four months in prison. According to New York Post columnist and Fox correspondent Charles Gasparino, sources close to Zhao said that Trump insiders believe the case against CZ was “pretty weak, and certainly not something that merited a felony charge and jail time.” “Trump… is leaning toward a pardon (consider the source), which could set the stage for CZ’s return to the crypto exchange since he remains Binance’s largest shareholder,” he said, citing people…

Meme cryptocurrencies, despite being an established segment of the crypto market, still have that sense of gambling and pure speculation in the eyes of many traders and investors. While their total capitalization amounts to over $70 billion, according to CoinMarketCap, they rarely feature in the conversation of notable crypto figures, and that is primarily why a recent post from Coinbase CEO Brian Armstrong caught attention. Thus, Jesse Pollak, known as the key developer behind the Base blockchain, an EVM ledger created with the backing of the leading U.S. crypto exchange, recently revealed that every meme coin of the “blue blockchain”…

Vaulta is extending its infrastructure stack with Omnitrove, a treasury management solution that integrates directly with its ecosystem, offering native connectivity and utility for its native token. Summary Vaulta announced Omnitrove, a treasury platform set to launch in early 2026, integrating 25+ blockchains, exchanges, and banks into one system. The platform aims to modernize institutional treasury management with AI-driven forecasting, multi-party controls, and enterprise-grade compliance. Omnitrove expands Vaulta’s Web3 Banking OS, enhancing interoperability between crypto and traditional finance systems. According to a press release shared with crypto.news on Oct. 14, the Vaulta Foundation will launch Omnitrove, a new treasury management…

Pendle partners with four decentralized finance innovators to automate and simplify yield strategies. The alliance introduces Agentic DeFi – a user-centric approach to earn in the new finance space. The tokenization platform continues to transform how investors leverage decentralized income channels. Pendle, known for the trading and tokenization of future yield, has made a bold step toward making advanced yield strategies accessible to all users on its platform. The protocol confirmed the arrival of Agentic DeFi today (October 14), marking a shift in how individuals can access and benefit from innovative yield strategies. Agentic DeFi has arrived on Pendle. Together,…

India cracks down on crypto traders; 400+ high-net-worth individuals face scrutiny as Binance data exposes undeclared offshore profits. Offshore crypto anonymity ends in India; traders urged to reconcile holdings and file ITR-U to avoid penalties under new tax enforcement rules. India’s tax authorities are intensifying scrutiny on cryptocurrency traders, targeting high-net-worth individuals who allegedly hid profits on offshore exchanges. The Income Tax Department has launched investigations into over 400 traders accused of failing to declare cryptocurrency gains between 2022 and 2025. The Central Board of Direct Taxes (CBDT) has reportedly asked these individuals to submit detailed reports by October 17.…

TL;DR Axie Infinity has launched five new bounties on App.axie, active since October 13, offering up to 520 reward points across different activities. The update strengthens Axie Quest, a community-developed game that blends RPG and Match3 mechanics with Axie’s core integrations. The transition to a unified Bounty Board system is nearing completion, with the merger of the Standard and Premier boards expected by the end of the month to streamline rewards and engagement. The rollout of new quests and objectives signals growing momentum for community participation within the Axie ecosystem. Players can now access five distinct bounties tied to combat,…