Author: NBTC

Tokyo-based mobile game developer gumi posted a sharp turnaround in quarterly profits as cryptocurrency holdings significantly boosted earnings. Despite a steep drop in core gaming revenue caused by restructuring and asset sales, the company leveraged Bitcoin gains and a planned XRP purchase to deliver strong overall financial results. Crypto Windfall Offsets Weak Game Revenue Gumi announced that first-quarter revenue declined 52.5% year-on-year to $9.2 million (1.35 billion yen). Nevertheless, operating profit rose 11.0% to $491,000, while ordinary profit surged 371.1% to $8.3 million. Net income climbed to $8.4 million, marking a decisive turnaround from a $1.13 million net loss recorded…

Bitget, one of the prominent cryptocurrency exchanges, has reported that its Bitget Onchain system has reached 100 million dollars in day trading volume. The success reflects the growing usage rate of the platform, especially in tokenized stocks and exchange-traded funds (ETFs). Bitget says that the trading volumes of the platform had increased exponentially in only three days, as they did: starting with 31 million, then 56, and, finally, 113 million. This intensive development is an indicator of the increasing interest of investors in the integration of traditional finance and blockchain-based solutions. The milestone arrives when the tokenized assets have become…

The following is a guest post and opinion from Jill Ford, Founder of Bitford Digital. The DOJ’s seizure of roughly $1 million tied to BlackSuit ransomware is more than just a win against cybercrime. It’s a sign that crypto is maturing under regulatory scrutiny. Contrary to the myth of anonymity, most on-chain activity leaves a traceable ledger, and investigators are getting better at following it. This new reality reshapes the conversation around digital assets. Instead of debating whether crypto is inherently good or bad, the question becomes: how do we build legitimate systems, particularly at the mining level, that reinforce…

Crypto markets ended last week on a high note with total capitalization topping $4 trillion again, but momentum waned over the weekend. Stock markets in the US reached record highs last week as markets fully priced in a 0.25% rate cut this week. However, the job market continued to signal weakness with a sharp jump in weekly unemployment claims. On Wednesday, the Fed will cut rates for the first time in 2025 and ‘blame’ a weak labor market, said the Kobeissi Letter. Economic Events September 15 to 19 The August retail sales report is due on Tuesday, which is a…

The world of finance is constantly evolving, and a significant new chapter has just begun. Alchemy Pay, a pioneer in crypto payment solutions, has launched its groundbreaking Alchemy Pay RWA platform. This innovative platform is set to transform how everyday investors access real-world assets by bridging the gap between traditional fiat currencies and tokenized investments. Imagine investing in properties, art, or commodities directly from your bank account – this is the future Alchemy Pay is making a reality, notably through its integration with xStocks, Kraken’s tokenized stock platform. What Exactly is the Alchemy Pay RWA Platform? At its core, the…

At an operating expense of $0.04 per kilowatt-hour (kWh), the current crop of SHA256 bitcoin miners sorts into a clear profit ladder, with high-hashrate hydro units setting the pace and a few efficient air and immersion options keeping things interesting. The Four-Cent Test: Which Bitcoin Mining Rigs Still Shine The king of the hill at this power price is Bitmain’s Antminer S23 Hydro 3U, rated at 1,160 TH/s with about 11,020 W on the wall, printing roughly $50.06 per day. It is the classic “throw hash at it” approach: immense throughput, sensible power for the class, and a daily take…

Innocent people and businesses have reportedly been caught in the crossfire as Thai banks froze millions of accounts suspected to be “mules” for scammers over the weekend. The nationwide crackdown began in August, and weekend reports suggest that banks have frozen three million accounts and imposed daily transfer limits on all bank customers in the Kingdom, according to reports. However, the Cyber Crime Investigation Bureau (CCIB) reported on Sunday that bank accounts of innocent online vendors and merchants are being frozen too after scammers adopted new methods to launder stolen money, according to the Bangkok Post. Meanwhile, the Bank of…

21Shares is launching two new crypto exchange-traded products (ETPs), bringing its total offerings in Europe to 50 ETPs. The new listings include the 21Shares Artificial Superintelligence Alliance ETP (AFET), which tracks a group of decentralized AI protocols, including Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS, and the 21Shares Raydium ETP (ARAY). ARAY offers exposure to Solana-based decentralized exchange Raydium’s token. Both ETPs are token-backed and trade on major European exchanges. AFET is listed on Euronext Amsterdam and Paris, while ARAY trades on the SIX Swiss Exchange, according to a press release. “With these new launches, 21Shares now offers investors access to…

United States President Donald Trump has filed an appeal in the case involving Federal Reserve Governor Lisa Cook ahead of a key interest rate decision by the central bank this week. Lawyers representing the Department of Justice on behalf of the President have appealed against a preliminary injunction issued by the district court on Sept. 9, regarding Trump’s decision to remove Cook from office. The administration argues that removal “for cause” is “a capacious standard that Congress has vested in the President’s discretion” and is not subject to judicial review. “When a statute gives a power of removal ‘for cause,’…

Bitcoin exchange Upbit has announced the listing of the TOSHI altcoin. According to the company, trading for the TOSHI/KRW and TOSHI/USDT pairs will begin at 3:00 PM on September 17th. Upbit Lists TOSHI Deposits and withdrawals for TOSHI via the Base network will be available within two hours of the announcement. Upbit cautioned investors to carefully select their network. Deposits made outside of the specified network will not be supported, and refunds may take longer. The statement also included trading restrictions. Buy orders will be closed for the first five minutes after trading opens, and sell orders will not be…