Author: NBTC
New York Senate Bill 4728, introduced on February 12, 2025, proposes the formation of a task force to analyze the impact of crypto adoption across the state. Sponsored by Senators Sanders and Webb, the bill seeks to evaluate multiple factors, including the operations of digital asset firms, tax implications, and environmental concerns. The measure has been read twice and referred to the Committee on Banks. New York Enters Bitcoin Reserve Saga Meanwhile, efforts to integrate Bitcoin into state financial strategies have gained traction across the U.S. An analysis by VanEck suggests that legislative initiatives aimed at establishing Bitcoin reserves at…
Ethereum (ETH) has experienced a notable surge, climbing roughly 6% in an hour and surpassing and breaking the $2,000 mark. The main question now is if it can keep the trajectory, or at the very least, stay above the $2k mark. This is important because Ethereum’s performance is often seen as a possible sign of an upcoming altcoin season, where cryptocurrencies other than Bitcoin experience substantial gains. This surge happens while there’s ongoing talk about Bitcoin’s market dominance potentially weakening, which might suggest investors are shifting some interest to altcoins like Ethereum. However, it’s still early to draw firm conclusions,…
US President Donald Trump and Russian President Vladimir Putin discussed key geopolitical issues, including the ongoing conflict in Ukraine, in a phone call that lasted more than an hour. The conversation comes as Washington seeks Moscow’s approval for a possible ceasefire. The Kremlin confirmed that the two leaders discussed the Ukraine crisis and agreed to maintain communication going forward, according to Russian state news agency TASS. One of the most important outcomes of the meeting was the planned prisoner swap between Ukraine and Russia, with both sides agreeing to swap 175 prisoners each. Putin and Trump also discussed Middle East…
Shibarium, the Shiba Inu-owned layer-2 scaling solution on Ethereum, is on the verge of breaking a major transaction milestone. The protocol is just days from breaching the one billion transaction milestone, an outlook that marks a good omen for SHIB’s price. Current state of Shibarium According to data from Shibariumscan, the protocol currently boasts a total transaction count of 941,104,799. This leaves a small margin of 58,895,201 transactions to beat the milestone. At the current average daily transaction rate of 4.5 million, the major Shibarium milestone will be achieved in roughly 14 days. Since its launch in August 2023, the…
The U.S. Securities and Exchange Commission (SEC) hosted a crypto task force roundtable of securities attorneys and cryptocurrency experts to discuss the long-standing question: How is a security defined in the digital asset space? The roundtable, held at SEC headquarters in Washington, brought together a panel of legal experts and crypto industry figures to discuss the agency’s evolving approach to regulation. Under the previous administration, the SEC’s strategy was often criticized for its “regulation by enforcement” approach, which some argued stifled innovation and failed to provide clear guidance to industry participants. Miles Jennings, General Counsel of a16z Crypto, criticized the…
With the participation of Ribbit Capital, Franklin Templeton, NYCA, First Round, Lightspeed Faction, and HF0, Crossmint will accelerate its mission to bring every business and AI agent onchain. Crossmint Raises $23.6 Million to Move Businesses to Blockchain The world is increasingly moving to include blockchain technology, and companies like Crossmint have risen to address this situation. The startup has raised $23.6 million from powerhouses like Ribbit Capital, Franklin Templeton, NYCA, First Round, Lightspeed Faction, and HF0 to ease this process and include solutions that also allow artificial intelligence (AI) agents to act autonomously onchain. Crossmint’s mission is to streamline the…
On Feb. 9, 2025, Cointelegraph published a clip of a January interview with Strategy chair Michael Saylor on Fox. According to the caption, in the video, Saylor hints he is going to burn his BTC keys as he dies to ensure the coins will never be sold. Let’s see what Saylor said, is there a hint, and what is the purpose of burning the keys. Several media channels reposted the clip from Cointelegraph, with various headlines, from which one could conclude the Strategy exec is indeed going to pull his stashes into the grave as he dies. However, that’s not…
Coinbase released its first Ethereum Validator Performance Report, revealing that it now operates 120,000 validators managing 3.84 million staked Ethereum (ETH) tokens. With this accounting for 11.42% of the total staked Ethereum, Coinbase is the largest individual node operator on the Ethereum network. What Ethereum Stakers on Coinbase Should Know The report highlights key metrics such as a 99.75% participation rate and uptime, ensuring that staked assets continue generating rewards efficiently. Coinbase also reported no instances of slashing or double signing, which means users’ funds have remained secure. These findings could have significant implications for users who stake ETH through…
The European Central Bank (ECB) is laying the groundwork for the probable launch of its wholesale and retail central bank digital currency (CBDC), the Digital Euro. Christine Lagarde, President of the ECB, shared this update at their latest press conference. “President Lagarde stressed that the digital euro is ‘more relevant than ever,’” the ECB tweeted. Lagarde emphasized that the Digital Euro, the EU’s CBDC solution, is set to launch in October 2025—provided it passes the legislative phase involving key stakeholders, including the European Commission, Parliament, and Council. Notably absent from this process is the European public, despite the significant impact…
The XRP Ledger (XRPL) has officially integrated with the Inter-Blockchain Communication (IBC) protocol, finally giving XRP holders real access to decentralized finance (DeFi). This new connection hooks up XRPL to Cosmos and Ethereum Virtual Machine (EVM) networks, greatly boosting liquidity and interoperability. According to the IBC protocol on X, for the first time, XRP users can engage with DeFi applications directly through XRPL, a move that takes the token’s functionality way beyond just payments. The integration, put together by Peersyst, establishes XRP as a major player in cross-chain transactions, making it easy to work with other blockchain systems. XRPL EVM…