Author: NBTC

Digital asset investment firm Galaxy Digital (GLXY) said on Friday it agreed to a $460 million private investment from one of the world’s largest asset managers, a deal that would add cash for its growing data center business and general corporate needs. The investment, from the undisclosed firm, is split between 9,027,778 new Class A shares issued by Galaxy and 3,750,000 shares sold by certain executives, including founder and CEO Mike Novogratz, at $36 per share, according to the press release. That’s an 8.5% discount from Friday’s closing price. “Strengthening our balance sheet is essential to scaling Galaxy’s data center…

The US Securities and Exchange Commission’s Crypto Task Force has scheduled a roundtable discussion centered on privacy and financial surveillance for December, as a renewed focus on privacy grips the cryptocurrency industry. The privacy roundtable is slated for Dec. 15. Like other SEC roundtables, crypto industry executives and SEC officials will discuss common pain points and solutions, but no hard policy proposals will be submitted. Privacy has become a hot-button topic following several developments, including the partial guilty verdict in Tornado Cash developer Roman Storm’s trial in June, the Samourai Wallet developer sentencing in November and the privacy token price…

The Dow tanked nearly 900 points on Friday as markets completely flipped after former President Donald Trump threatened fresh tariffs on Chinese goods, accusing China of acting “very hostile” by tightening exports of rare earth metals. The selloff accelerated into the close. The S&P 500 shed over $1.5 trillion in value. Traders bailed. Portfolios bled. The Dow finished the day down 878.82 points, or 1.9%, at 45,479.60. The S&P 500 dropped 2.71% to 6,552.51, while the Nasdaq got crushed, falling 3.56% to 22,204.43. The S&P’s decline was its worst since April 10. Earlier that day, the Nasdaq had hit an…

More than 65 crypto organizations are calling on President Donald Trump to bypass Congress and order federal agencies to immediately clarify digital asset regulations, amid rising impatience with the pace of legislative reform. In a letter sent to the White House, major industry players, including Coinbase, Uniswap Labs, the Blockchain Association, and the Solana Foundation, outlined specific actions the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Treasury Department, and the Justice Department can take without new legislation. The coordinated push aims to turn Trump’s pro-crypto stance into concrete agency action, using executive power to drive one of…

The crypto industry has long been hyped for its transparency and ability to disrupt traditional financial systems. However, a new investigation, The Coin Laundry, exposes how some of the world’s biggest crypto platforms have been linked to illicit activities, leaving victims with few options for recovery. Tracking the Flow of Illicit Funds Across Borders The Coin Laundry investigation involved a collaboration between the International Consortium of Investigative Journalists (ICIJ) and 37 media partners across 35 countries. Over a period of 10 months, the team gathered hundreds of cryptocurrency wallet addresses linked to criminal activity. These addresses, related to bank account…

Key Takeaways Over $19 billion in leveraged crypto positions were liquidated in 24 hours, marking the largest single-day wipeout in digital asset history. Bitcoin and Ethereum long positions were hardest hit, with over 1.6 million traders affected across major exchanges. Roughly $19 billion in leveraged crypto positions were liquidated following a brutal sell-off that sent Bitcoin tumbling to $102,000. It was the largest single-day wipeout ever recorded in digital asset markets, according to CoinGlass data. Most of the liquidations came from long positions, which totaled $16.6 billion in losses, compared to $2.4 billion for shorts. Over 1.6 million crypto traders…

The Brazilian Federal Revenue Service has revised the rules for tax declarations on crypto assets. The new rules require foreign exchanges to report transactions to the agency and mandate that DeFi operations be disclosed. New Brazilian Tax Rules Target Foreign Exchanges, DeFi Activities The Facts The Brazilian Tax Agency (Receita Federal) has published new rules that introduce additional requirements for both companies and individuals, aiming to tighten tax collection from evaders. The new rules establish that all exchanges, both foreign and local, have to report the cryptocurrency operations of their Brazilian customers to the agency. In the same way, individuals…

Total crypto VC funding hit $8 billion in Q3 2025, powered not by hype but by policy stability. The Trump administration’s pro-crypto stance and tokenization’s rise turned regulation from a headwind into alpha. For investors, the shift signals predictable frameworks, institutional exits, and a market no longer ruled by speculation — a structural reset that makes compliance a source of performance. Why Policy Became the Catalyst Why ImportantCryptoRank data show US-based funds drove one-third of crypto VC activity in Q3. Federal clarity on stablecoins, taxation, and compliance drew institutions back, producing the strongest quarter since 2021. The figures confirm that…

A UK-led operation targeting Russian sanctions evasion has now made 128 arrests and seized $32.6 million in crypto and cash, according to a new update from the National Crime Agency. First publicized in 2024, Operation Destabilise had made 84 arrests and seized $25.5 million as of last December, yet the NCA’s update reveals that it has arrested an additional 45 suspected money launderers and seized over $6.6 million in cash. Operation Destabilise: the NCA has exposed a billion-dollar money laundering network that purchased a bank to fund the Russian war effort. Read the full story ➡️ https://t.co/NPTvJtgjgE@metpoliceUK @gardainfo pic.twitter.com/90vYyMLqou —…

Donald Trump announced that he would impose an additional 100% tariff on Chinese products starting Nov. 1, in strong retaliation against China’s decision to restrict exports of rare earth materials essential for high-tech manufacturing. Markets reacted sharply to the announcement, with the S&P 500 index falling 2.7% from the previous day. The news triggered widespread volatility across global equities, leading crypto-related stocks to post steep declines as investor risk appetite weakened. Crypto Stocks Lead Double-Digit Market Sell-Off The renewed trade tensions between the US and China sparked a broad market sell-off that directly hit crypto-related stocks. As of Friday’s market…