Author: NBTC

The Commodity Futures Trading Commission (CFTC) has appointed new members to its Global Markets Advisory Committee (GMAC) and subcommittees, adding several crypto industry leaders to the Digital Asset Markets Subcommittee (DAMS) — a move that underscores the regulator’s continued engagement with the sector. CFTC Acting Chair Caroline D. Pham named four new DAMS members: Katherine Minarik, chief legal officer at Uniswap Labs; Avery Ching, co-founder and chief technology officer of Aptos Labs; James J. Hill, managing director and head of structure innovation at BNY; and Ben Sherwin, general counsel at Chainlink Labs. In addition, Scott Lucas, head of digital assets…

Uquid, a renowned Web3 commerce entity, has announced official integration with Krak, a Web3-centered copy-trading and social trading firm. The collaboration focuses on broadening the Web3-based shopping experience with a next-gen payment gateway. As Uquid’s official X announcement reveals, the collaboration will permit unparalleled transfers across borders. Hence, this move denotes a significant jump in combining the DeFi technology with e-commerce solutions. 🚨 Big news for Web3 shoppers!Uquid is now officially integrated with @Krak by @Krakenfx — a powerful new payment gateway that makes shopping faster, easier, and truly global.You can now pay for 178M+ products on Uquid using Krak,…

Allied Gaming & Entertainment, a Nasdaq-listed esports and gaming company, announced that it has invested in Bitcoin and Ethereum as part of a new “corporate treasury management strategy.” In response, its stock, traded under the ticker AGAE, soared 105% to $1.87 earlier Friday and has since dipped to $1.65, according to TradingView—still up 71% on the day. The company explained that this was just the “first step” to incorporating crypto into its balance sheet, as it plans for a broader embrace of the blockchain and teased real-world asset initiatives. The exact figure of its Bitcoin and Ethereum investment was not…

Accountable.us, a Washington D.C.-based watchdog, has accused the Trump’s family linked World Liberty Financial of its tokens to sanctioned entities connected to North Korea, Iran, and Russia. Russian and Iranian Connections Alleged A Washington D.C.-based watchdog, Accountable.us, has accused the Trump family-linked World Liberty Financial Inc. of selling hundreds of thousands of WLFI tokens to sanctioned entities with connections to North Korea and Iran. According to the watchdog’s report, titled “American Sell-Out,” some of the transactions involved a cryptocurrency trader known as Shryder.eth, who purchased 600,000 WLFI tokens on the day of U.S. President Donald Trump’s inauguration. The report claims…

Solana surged 5.5% on Friday and hit a daily peak above $241—the highest price seen since late January, as SOL gets a bullish boost from institutional interest. Forward Industries, a Nasdaq-traded design firm that serves medical and technology companies, announced earlier this week it had inked a $1.65 billion private investment in private equity, or PIPE, deal led by crypto financial services company Galaxy Digital, infrastructure firm Jump Crypto, and venture capital firm Multicoin Capital. The company, which trades on the NasdaqCM exchange under the FORD ticker, saw its price briefly touch $46 on Friday. But at the time of…

Coinbase CEO Brian Armstrong is calling the Digital Asset Market Clarity Act (DAMCA) a “freight train,” as reported by Cointelegraph. He says the bill has strong support from both the Republicans and Democrats. The crypto clarity act aims to bring clear rules to the crypto world. For many years, builders and investors have worked with confusion. This bill could finally give the industry the proper plan that it needs. What the Bill Tries to Do The Digital Asset Market Clarity Act wants to draw a clear line between different kinds of assets. That means choosing which group will handle each…

Key Takeaways Coinbase has added Centrifuge (a real-world asset protocol) and Troll (a memecoin) to its asset roadmap, suggesting possible future trading support. Centrifuge focuses on tokenizing real-world assets for DeFi and has surpassed $1.1 billion in total value locked. Coinbase added Centrifuge and Troll to its asset roadmap today, signaling potential future trading support for the real-world asset protocol and meme coin on the leading US crypto exchange. Centrifuge, a blockchain protocol specializing in tokenizing real-world assets like invoices and credit funds for decentralized finance applications, has attracted significant institutional interest. Its total value locked surpassed $1.1 billion by…

JPMorgan Chase US chief economist Michael Feroli said he expects the Fed to cut interest rates by 25 basis points next week. Feroli noted that some members wanted a larger rate cut, but none favored leaving rates unchanged. He also noted that the Fed’s dot plot projections are expected to project another rate cut after 2025. Meanwhile, the probability of a US government shutdown this year has risen to 54%, the highest in months, according to data from prediction market Kalshi. Senate Majority Leader Chuck Schumer has warned that Democrats are prepared to deplete government funds if Republicans refuse to…

The National Anti-Money Laundering Council of Fiji has once again reaffirmed the prohibition on Virtual Asset Service Providers (VASPs). In its statement, the body cited several reasons, highlighting serious national security and financial integrity concerns as the major reasons. In its statement, the Council mentioned that virtual assets like cryptocurrencies pose huge risks of money laundering, terrorist financing, and proliferation financing due to the anonymous and decentralized nature of the assets. “Cryptocurrencies enable rapid, cross-border transactions that are difficult to trace, making them attractive to criminal networks and extremist groups,” the Council chairperson, Selina Kuruleca, said. Fiji remains adamant on…

Shares of Gemini (GEMI) opened at $41 a share on the Nasdaq Global Select Market on Friday, rising 45% from last night’s IPO price. The crypto exchange, which is run by Tyler and Cameron Winklevoss, priced its IPO at $28 a share, valuing the company at around $3.3 billion. It had sold 15.2 million shares, raising $425 million. Gemini posted a net loss of $283 million in the first half of the year. That follows a $159 million loss for all of 2024, according to the company’s latest financials. Despite the deepening red ink, Gemini priced its IPO nicely above…