Author: NBTC

DeFi advocacy group DeFi Education Fund has highlighted some of the proposed amendments that have been submitted by some U.S. senators regarding the proposed crypto legislation known as the CLARITY Act, warning that those amendments are anti-DeFi. DeFi Education Fund found eight amendments whose descriptions, it says, would “seriously harm DeFi technology and/or make market structure legislation worse for software developers.” It called on senators to oppose measures submitted by Senators Jack Reed, Andy Kim, Catherine Cortez Masto, and Elizabeth Warren ahead of the committee’s consideration of the CLARITY Act. The latest pushback is one of many that have been…

Some of the reported trading activity and volume of prediction market platform Polymarket may be significantly higher than actual reality due to a “data bug,” according to a researcher at Paradigm. “It turns out almost every major dashboard has been double-counting Polymarket volume not related to wash trading,” said Storm, a researcher at the venture capital firm. Storm explained that this was because “Polymarket’s onchain data contains redundant representations of each trade.” “Polymarket’s onchain data is quite complex, and this has led to widespread adoption of flawed accounting methods.” When trades occur on Polymarket, the system emits multiple “OrderFilled” events:…

Funds that track a basket of cryptocurrencies are likely to rocket in popularity next year as investors look to get easy exposure to a broader range of digital assets, according to Bitwise’s investment chief Matt Hougan. “Crypto index funds are going to be a big deal in 2026,” Hougan said in a note on Monday. “The market is getting more complex and the use cases are multiplying.” He added that while the overall crypto market is poised to grow, it isn’t possible to predict which tokens will perform, so owning a fund that tracks the market is a “great place…

The US Senate Banking Committee has cancelled its markup of a crypto market structure bill slated for Thursday, citing the need for further negotiation. Committee Chairman Tim Scott said late on Wednesday local time in Washington, DC, that the committee is postponing its markup of the crypto bill to continue bipartisan negotiations to garner support. “I’ve spoken with leaders across the crypto industry, the financial sector, and my Democratic and Republican colleagues, and everyone remains at the table working in good faith,” said Scott. “This bill reflects months of serious bipartisan negotiations and real input from innovators, investors, and law…

The Bitcoin network hashrate has fallen under 1,000 exahash per second (EH/s) for the first time since mid-September, with one analyst tipping the decline to continued interest in AI. The Bitcoin hashrate is currently 993 EH/s on a seven-day moving average, after dropping below 1,000 EH/s, or 1 zetahash per second (ZH/s), on Saturday, according to Hashrate Index data. It has now fallen nearly 15% since its seven-day moving average peak of 1,157 EH/s on Oct. 19. Bitcoin’s change in hashrate on a seven-day moving average over the last 12 months. Source: Hashrate Index AI pivot is impacting Bitcoin hashrate:…

The Ethereum ecosystem underwent something of a short revival in 2025. Early in the year, as many major cryptocurrencies surged to fresh all-time highs, ether lagged behind. Some in the community pointed fingers at Ethereum Foundation’s (EF) leadership, claiming the organization hadn’t done enough to reinvigorate the network’s momentum. This feature is a part of CoinDesk’s Most Influential 2025 list. While the EF doesn’t control Ethereum’s technical roadmap, it remains a central force in supporting the developers and teams who do. So when the organization announced in February that they had tapped two new leaders to guide the EF into its…

The question everyone has been waiting for is whether Strategy (MSTR) will list a perpetual preferred equity, or “digital credit,” in Japan.That question was put directly to executive chairman Michael Saylor at the bitcoin MENA conference by Metaplanet CEO Simon Gerovich. Saylor’s answer was, “not in the next twelve months, I will give you a twelve month head start”. Gerovich raised the question as Metaplanet moves to introduce its own digital credit instruments into Japan’s largely “sleepy” perpetual preferred market. Japan currently has only five listed perpetual preferred equities, with All Nippon Airways (ANA) becoming the fifth, according to Gerovich.…

A division appears to be forming among crypto industry executives regarding the market structure bill, with crypto giants such as Coinbase pulling support, but others stating that any regulation is better than none. “Crypto builders need clear rules of the road,” said Chris Dixon, managing partner at a16z Crypto on Thursday. He added that over the past five years, Republicans, Democrats, and the Trump Administration “have worked closely with members across the crypto industry to protect decentralization, support developers, and give entrepreneurs a fair shot … at its core, this bill does that.” The comments are about the controversial market…

Bitcoin holds near $90.5K as markets price in a 25 bps Fed rate cut, with major banks aligning on expectations ahead of the key FOMC meeting on Dec 9–10. Growing confidence in a Fed “insurance cut” boosts crypto sentiment as liquidity rises and analysts say softer policy could support Bitcoin and risk assets. Bitcoin is trading near $90,549 as investors grow confident that the Federal Reserve will cut interest rates at the upcoming FOMC Meeting Date and Time. Market-based predictions continue to strengthen, with Polymarket placing the odds of a 25-basis-point cut at 94%, while the CME FedWatch Tool indicates…

Manhattan District Attorney Alvin Bragg urged state lawmakers Wednesday to criminalize unlicensed crypto operations, warning that a $51 billion criminal economy is thriving in regulatory blind spots that let criminals launder gun, drug, and fraud proceeds with impunity. Speaking at New York Law School on Wednesday, Bragg laid out crypto enforcement as a second-term priority alongside guns and shoplifting, demanding legislators close loopholes that allow unlicensed operators to evade prosecution despite facilitating massive money laundering operations. “We need systemic accountability like on steroids here,” Bragg said. “In fact, actually, I want you to be a little scared. And then to…