Author: NBTC

Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA. But in that digital darkness, one vital financial service continued to operate without interruption: Nobitex, a cryptocurrency exchange linked to Iran’s ruling elite. We compiled the available information about the platform and tried to understand how Iranian authorities use it, what investigations by analytics firms have revealed, and why, despite all these findings, the exchange is still not on OFAC’s SDN List. The scale and scope of Iran’s crypto giant…

Bitcoin is heading into the weekend with broken near-term structure, elevated macro pressure, and a political catalyst that now sits close to the center of the market’s risk map. The technical setup has deteriorated in steps over the past two weeks. The macro backdrop has stayed tight as Treasury yields press higher and Middle East risk continues to filter through oil, inflation expectations, and rate-sensitive assets. Layered on top of both is a familiar variable from recent months, President Donald Trump’s public messaging on Iran, which has repeatedly shifted sentiment across stocks, bonds, oil, and crypto. His prior weekend social…

TaskOn, a well-known Web3 community engagement and growth platform, has partnered with Fortune Global, a popular Web3 prediction market entity. The partnership aims to fortify liquidity infrastructure for decentralized prediction markets. As TaskOn revealed in its official X announcement, the move merges its broader community distribution ecosystem with the advanced liquidity solutions of Fortune Global. So, the development is set to expand the Web3 adoption in the mainstream. 🤝 Strategic Partnership: @Fortuneglobal_ X TaskOn@fortuneglobal_ is officially joining forces with TaskOn to redefine the liquidity infrastructure of prediction markets. This deep strategic collaboration focuses on community growth, ecosystem synergy, and mainstream…

Strategy (MSTR), the largest publicly traded bitcoin holder, has maintained an 11.5% dividend rate for May on its perpetual preferred stock, Stretch (STRC), marking a third consecutive month at that dividend rate. The volume weighted average price (VWAP) during April came in at $99.76, which was close enough to its $100 par value to justify holding the rate unchanged. STRC has seen a series of increases since listing in July 2025 with a 9% dividend as the company aims to reduce volatility and keep the price anchored near its $100 par value. Strategy markets STRC as a short-duration, high-yield savings…

Coinbase is reviewing its exchange infrastructure after an AWS data center cooling failure knocked several trading services offline, blocked some account access, and delayed customer balance displays. CEO Brian Armstrong called the outage “unacceptable” and said Coinbase will revisit tradeoffs around speed, co-location, and faster recovery during infrastructure failures. Key Takeaways: Coinbase CEO Brian Armstrong called the AWS-linked exchange outage unacceptable for customers. Trading, account access, and customer account information were disrupted across several Coinbase exchange services. Coinbase plans to revisit resilience tradeoffs to reduce future outage duration and customer impact. Armstrong Says Resilience Tradeoffs Will Be Reviewed Crypto exchange…

Bitcoin ($BTC) has plummeted below $66K, trading at $65,675 at press time, which is a 3.98% drop in 24h, and a 47.9% dip from its October all-time high ($ATH) of $126K. Source: CoinMarketCap Liquidations in Bitcoin futures positions totaled $189.17 million, with long positions accounting for $173.24 million. Traditional assets have not been spared, with gold and silver witnessing 20% and 45% drawdowns from their ATHs, while the Magnificent 7 stocks fell by upto 34% from their January peaks. Why is Bitcoin down today? Bitcoin’s price has declined today amid uncertainty caused by the escalation of strikes between the US…

Stablecoin yield infrastructure project Osero has raised $13.5 million in a funding round co-led by Sky Ecosystem, formerly known as MakerDAO, and Plasma, according to a report from The Block. The round also saw participation from RedStone, The Rollup, and Kairos Research. The capital will be directed toward integrating Sky Ecosystem’s stablecoin, USDS, into Osero’s yield protocol. Funding Details and Strategic Direction The $13.5 million raise signals continued institutional appetite for infrastructure that generates yield from stablecoins, a sector that has grown rapidly as decentralized finance (DeFi) matures. Osero’s protocol focuses on optimizing yield strategies for stablecoin holders, and the…

Digital asset company Bakkt completed its acquisition of stablecoin infrastructure firm Distributed Technologies Research (DTR) through an equity-based transaction as part of its bid to create a digital settlement layer. Bakkt CEO Akshay Naheta said on Thursday that the deal aims to combine Bakkt’s institutional infrastructure with DTR’s native artificial intelligence payments engine and stablecoin technology to create a 24/7 digital settlement layer. “The architecture of money movement rarely evolves at this level,” he said. “This transaction accelerates the re-platforming of global financial infrastructure. By fully integrating DTR’s technology, we are introducing stablecoin functionality as a critical bridge between legacy…

Table of Contents What Is the Injective Community BuyBack?How Does the BuyBack Process Work?What Have the First Four Rounds Produced?What Makes $INJ Different as a Network Token?Injective Adds $USDC and CCTP Native IntegrationWhat Injective’s Burn Milestone ReflectsResourcesFrequently Asked Questions Injective has crossed 7 million $INJ burned all-time, combining a one-time burn auction that removed 6.78 million $INJ from circulation with four completed monthly Community BuyBack rounds that have since burned an additional 178,338 $INJ. 🚨 Injective makes history with over 7,000,000 $INJ burned all-time 🚨 The Community BuyBack is the only deflationary mechanism engineered to horizontally scale with ecosystem growth,…

Coinbase (Nasdaq: COIN) has once again shown crypto traders how slow cloud hardware can spoil even a fast exchange. It looks like the company’s AI-powered operations pivot strategy might have been its worst move yet. On Friday, the company said a cooling failure inside Amazon Web Services (Nasdaq: AMZN), helped trigger a multi-hour outage that hit trading, exchange access, and balance updates across its platform. The problem began at roughly 23:50 UTC on May 7th when internal monitors detected a widespread breakout of quote failures within the company’s systems. At that point, several Sev1 incidents were created by the engineers,…