Author: NBTC

The crypto trader known as the “Hyperunit whale” rose to prominence after reportedly making about $200 million by shorting major cryptocurrencies, including Bitcoin and Ether, just ahead of US President Donald Trump’s tariff announcement that triggered the October market crash. The trader has since suffered heavy losses after taking a large long position. The development came to light after blockchain analytics firm Arkham Intelligence revealed that the whale had emptied its entire $ETH treasury into Hyperliquid, resulting in estimated losses of around $250 million. The hyperunit whale’s loss incident sparks concerns in the crypto industry Concerning the hyperunit whale’s trending…

State Street, a bank with a market cap of about $36 billion, is positioning itself as a bridge between traditional and digital finance — and it’s not waiting for the future to arrive. On Thursday, the bank officially launched its Digital Asset Platform, a secure infrastructure designed to support tokenized money market funds (MMFs), exchange-traded funds (ETFs), cash products, and stablecoins. The platform includes wallet management, custodial services, and digital cash capabilities, and is designed to operate across both public and permissioned blockchains. Speaking on the company’s fourth-quarter earnings call on Friday, CEO Ronald O’Hanley said the financial system is…

The state of Wyoming is seeking to regulate the crypto ATMs to curb related scams. A bill that would place crypto ATMs under the state banking division has been sponsored by Rep. Ken Clouston, R-Gillette, and will be debated in the upcoming legislative session. Wyoming Legislators Respond to Rising Crypto ATM Scams The Problem The total amount lost through crypto ATM scams has increased despite a potential decline in the underlying cases. According to Alan Stuber, from the Gillette Police Department, during last week’s AARP Wyoming’s Legislative Preview webinar for Wyoming legislators, Gillette and Campbell County residents lost more than…

Binance led January’s proof-of-reserve rankings with $155.6b in assets, far ahead of OKX, Bybit, and smaller rivals, highlighting a tiered exchange reserve structure. Summary Binance ranked first in CoinMarketCap’s January 2026 reserve report with $155.6b in assets, the largest proof-of-reserve stack among major exchanges.​ OKX and Bybit formed a second tier of reserve holders, while regional platforms like Gate, HTX, Bitget, MEXC, and KuCoin made up a smaller third tier.​ Reserves were concentrated in stablecoins, Bitcoin, Ethereum, exchange tokens such as BNB, and popular altcoins including Dogecoin, $XRP, and Solana, underscoring PoR as a key transparency tool post‑2022.​ Binance ranked…

Local authorities in Butuo County, located in China’s Sichuan Province, have taken decisive action against virtual currency mining. The county government announced a comprehensive ban on all mining-related operations. The decision aligns with broader national policies aimed at phasing out energy-intensive and outdated production practices. Officials framed the move as part of an effort to preserve financial order, reduce systemic risks, and protect local resources. Consequently, the announcement places renewed pressure on remaining mining hubs in rural regions that previously attracted operators due to lower costs. Besides addressing economic concerns, the notice emphasized social stability and regulatory compliance. Authorities signaled…

TL;DR Ripple moves into execution phase with Mastercard, shifting blockchain settlement from pilots to live card payment flows using $RLUSD on the $XRP Ledger, with transactions settling in seconds instead of days. Mastercard confirms stablecoins operate as a native settlement asset within its regulated network, keeping consumer payment experiences unchanged while modernizing back-end infrastructure. The rollout begins with the Gemini Credit Card issued by WebBank, signaling broader institutional adoption of on-chain settlement across regulated financial rails. Ripple Moves Into Execution Phase with Mastercard marks a transition from experimentation to operational deployment in global payments. The collaboration places blockchain settlement directly…

According to Lido Finance X account, Ethereum staking has hit an all-time high, with over 30% of all $ETH now staked. According to on-chain data from Validator Queue, staked $ETH has reached a new all-time high of 36.6 million, representing 30.13% of $ETH supply. Ethereum staking hits all time high with 30% of all $ETH now staked. — Lido (@LidoFinance) January 30, 2026 Institutional staking from treasury firms and ETFs has contributed to this figure. Lookonchain reported Jan. 29 that Tom Lee’s Bitmine staked an additional 250,912 $ETH worth $745 million. Lookonchain gives the total staked by Bitmine to be…

Grant Cardone is pushing a new way to invest that combines real estate and crypto coins. This is happening while US President Donald Trump is pushing plans that might change the housing market by making it more affordable and increasing the supply. He claims that it is the perfect time to blend cash flow with Bitcoin’s volatile and liquid features to produce a safe investment. Cardone Capital launched the investment model in December 2024. Cardone believes the investment offers the best of both worlds. Real estate brings low volatility and tax advantages. Bitcoin brings long-term upside and global liquidity. Together,…

A Nevada state court has issued a temporary restraining order blocking Blockratize, the entity behind Polymarket, from offering event-based contracts in the state for two weeks, finding that the platform’s activities likely violate Nevada gaming law and are not shielded by exclusive federal derivatives oversight. In an order issued Saturday, Judge Jason Woodbury sided with the Nevada Gaming Control Board, ruling that the Commodity Exchange Act “does not vest exclusive jurisdiction over Polymarket’s contracts with the Commodity Futures Trading Commission.” The order blocks Polymarket from offering sports and events contracts to Nevada residents ahead of a February 11 hearing on…

In a landmark development for digital asset markets, Chicago-based Bitnomial has launched the first fully regulated Tezos ($XTZ) futures contracts in the United States, as reported by The Block on November 5, 2024. This pivotal move potentially bridges decentralized blockchain technology with established financial frameworks. Consequently, it creates a new pathway for institutional participation. The listing represents a significant evolution in the maturation of cryptocurrency derivatives, specifically for proof-of-stake networks. Bitnomial’s Regulated Tezos Futures: A Market Analysis Bitnomial Exchange, a regulated derivatives exchange and clearinghouse, now facilitates trading of Tezos futures. The Commodity Futures Trading Commission (CFTC) oversees this platform.…