Author: NBTC

There is a desperate attempt by traditional financial institutions to push back on cryptocurrency’s growing influence. Chief Technical Officer (CTO) at Ledger Charles Guillemet, in a post on X, says the evidence is clear from recent defensive actions taken by legacy institutions. Guillemet: Crypto’s momentum “cannot Be hindered” Notably, Guillemet cited the Morgan Stanley Capital International (MSCI) move to exclude companies like Strategy Inc., whose balance sheets contain more crypto assets than those of traditional firms, from its index. He considers this a deliberate move to downplay the success of such organizations and attempt to reduce their visibility to potential…

A lawsuit against Binance is testing the extent to which crypto platforms can be held liable for real-world harm. Filed by families of victims of the October 2023 attacks against Israel, it arrives amid continued backlash over the recent presidential pardon of founder Changpeng Zhao (CZ). More than a new legal headache, the lawsuit is being watched as a potential blueprint for a shift from regulatory fines to high-stakes private liability tied to terrorism financing. Terror Financing Claims Hit Binance The case, brought by more than 70 families in a US federal court last week, accuses Binance of knowingly enabling…

WOOFi, a popular decentralized exchange (DEX), has recently announced its official launch on Monad, an efficient blockchain infrastructure firm. The launch is set to offer a centralized exchange (CEX)-level execution to benefit institutional and retail traders. As WOOFi Swap revealed in its X announcement, the development delivers lower slippage and tighter spreads for consumers. Thus, by using diverse on-chain oracles for CEX order books, WOOFi guarantees that prices fully reflect real liquidity and depth instead of depending completely on automated market maker (AMM) curves. WOOFi Swap is now live on @monad, bringing CEX grade execution to onchain trading for both…

A renewed interest in Ethereum is growing very quickly by institutions, due to increasing purchases of ETF’s from leading US-based Asset Managers, such as BlackRock, Fidelity and Grayscale, which together purchased $138.96 million worth of Ethereum. The purchase pressure created by this package of institutional purchases shows substantial confidence by the market at a time when there is a lack of clarity and direction because of changing macroeconomic factors. When major institutional investment houses anticipate cycles or major new catalysts occurring, they tend to get involved before many retail investors do, thus creating market demand and producing increased sentiment towards…

Barcelona is under fire after signing a crypto sponsorship with a barely-known start-up called Zero-Knowledge Proof, registered in Samoa. Fans and experts are raising alarms that the club is ignoring red flags just to scrape together more money, and that this deal might push supporters into buying risky crypto tokens without proper information. The three-year agreement, unveiled this month, names ZKP as Barcelona’s official blockchain technology partner. The firm had no presence online until that moment. It announced the deal in its very first post on X, with just a handful of followers watching. It was a quiet debut for…

The state of Connecticut fired a legal volley against sports events contracts with a trio of cease-and-desist orders sent on Wednesday to major prediction-market operations — Robinhood, Kalshi and Crypto.com. The state’s Department of Consumer Protection accused the companies of “conducting unlicensed online gambling, more specifically sports wagering.”Each of the companies are “hereby ordered to immediately cease and desist advertising, offering, promoting, or otherwise making available Contracts or any other form of unlicensed online gambling to Connecticut residents,” according to the state notices. Robinhood argued on Wednesday that it’s regulated by the federal government. “As we’ve previously shared, Robinhood’s event…

Meta (META) may be pulling back even further from the metaverse it once bet its future on. Executives are discussing budget cuts of up to 30% at the company’s metaverse division in 2026, according to a Bloomberg report citing people familiar with the talks. The unit includes Horizon Worlds, Meta’s social virtual reality (VR) platform, and its Quest headset unit. The cuts would include layoffs, the report said. Meta founder and CEO Mark Zuckerberg reportedly asked all departments to find 10% in cost savings, a standard request during recent budget cycles. But the metaverse team was asked to go deeper,…

Parataxis Holdings, a New York-based digital asset investment firm, said it agreed to buy most of South Korean data security company Sinsiway (290560) for 40 billion won ($27.3 million) and transform it into a publicly traded ether ETH$3,083.26 treasury firm. Parataxis and unidentified affiliates will gain a controlling stake in the 20-year-old company. If approved by Sinsiway’s shareholders in January 2026, the company will be renamed Parataxis ETH, Inc. and retain its stock-exchange listing, according to a press release shared with CoinDesk. The renamed entity would become South Korea’s first ether-focused treasury platform backed by institutional capital from the U.S.,…

An issue with the Prysm consensus client on mainnet saw about 23% of the Ethereum network going offline.In the early hours of Thursday, the Ethereum Foundation alerted the community about an issue with the Prysm consensus client on mainnet, urging node operators to reconfigure their CL nodes. This only affected those utilizing Prysm clients, with other network clients unaffected. In a confirmation tweet, Ethereum client Prysm stated that it had identified the issue and promised a quick workaround. It urged dependent nodes to disable the Prysm client.In a tweet, Ethereum angel investor and educator Sassal ETH revealed a shocking fact…

The Philippines is sitting on a huge opportunity in digital finance. According to a recent white paper, the country could see $60 billion in value from asset tokenization by 2030. Moreover, nearly half of all the government bond account holders already own bonds in tokenized form. Showing that interest in digital assets is growing quickly. What Is Asset Tokenization? Asset tokenization is the process of turning real-world assets, like bonds, property or stocks, into digital tokens on a blockchain. These tokens are easier to trade, track, and access. In addition, tokenization makes assets more liquid, meaning investors can buy or…