Author: NBTC

UNDER EMBARGO UNTIL AUG 28 9AM ET A group of former Jump Trading, Coinbase (COIN) and Citadel Securities engineers said it raised $20 million in new funding for trading infrastructure startup aPriori, bringing the total capital raised to $30 million. The round included participation from HashKey Capital, Pantera Capital, Primitive Ventures, IMC Trading, GEM, Gate Labs, Ambush Capital and Big Brain Collective, according to a release. San Francisco-based aPriori is building what it calls an execution layer for on-chain markets, designed for high-performance Ethereum Virtual Machine (EVM) networks. The firm uses high-frequency trading practices in an attempt to reduce issues…

In a significant move poised to reshape the landscape of digital asset regulation, Ondo Finance compliance has taken a monumental leap forward. The company recently announced the strategic appointment of Peter Curley, a former Deputy Director at the U.S. Securities and Exchange Commission (SEC), as its new Global Head of Compliance. This high-profile hire signals a clear commitment from Ondo Finance to navigating the complex world of cryptocurrency with utmost integrity and regulatory adherence, setting a new benchmark for the industry. Why Does This Matter for Ondo Finance Compliance? The cryptocurrency industry operates within a rapidly evolving regulatory environment. For…

SharpLink Gaming plans to explore staking an undisclosed portion of its $3.6 billion Ethereum holdings on Ethereum layer-2 network Linea, once it hits mainnet on September 10. Joseph Chalom, co-CEO of SharpLink, told Decrypt that the treasury company is currently staking almost the entirety of its holdings through its custodians, Anchorage and Coinbase. However, as the company matures, it will look to diversify the staking vehicles it utilizes as it seeks out higher-yield opportunities. “When you hold billions of dollars of ETH and you’re looking at a portfolio of staking, there is going to be an ability to deploy that…

Nvidia (NASDAQ: NVDA) beat earnings and revenue expectations for the past quarter yesterday, reporting $46.74 billion in revenue. However, the stock still slipped as much as 3.5% in extended trading as data center performance failed to meet investor projections. The chip maker remains confident, however, projecting revenue for this quarter to be even higher at $54 billion, “plus or minus 2%”, excluding any H20 shipments to China. Unsurprisingly, analysts are already adjusting their price target for the stock, which on average sits at $205 for the next 12 months as of the time of writing, implying a nearly 13% upside…

WASHINGTON, D.C. — Jonathan Gould, in his opening weeks of running the U.S. Office of the Comptroller of the Currency, left no uncertainty about his view of the systematic process to drop crypto people and businesses from banking relationships. “Debanking is real,” he told an audience Wednesday at CoinDesk’s Policy and Regulation event in Washington, D.C. “It is a real phenomenon,” he noted, adding that he was hearing stories as recently as last week about people with corporate accounts being told “we don’t want your business here.” In his push to make the U.S. the crypto center of the world,…

WINkLink, a popular decentralized oracle ecosystem, has partnered with CoinEx, a well-known platform offering trading services. The collaboration aims to offer exclusive opportunities to drive wider blockchain adoption. As WINkLink’s official social media announcement reveals, the partnership is set to bolster blockchain accessibility. Hence, it will let decentralized applications (dApps) utilize accurate data apart from leveraging the global reach of CoinEx. 🚀WINkLink x CoinEx: Strategic Ecosystem PartnershipWe are excited to announce our strategic partnership with @coinexcom, a global cryptocurrency exchange known for being secure, professional, and trusted. They are now the newest ecosystem partner for WINkLink.Since the… pic.twitter.com/i5HUIg3T7X — WINkLink…

Ethereum’s validator entry queue has surged past the exit queue for the first time in weeks, signaling renewed demand to stake ether (ETH) just as fears of a major sell-off subside. At the time of writing, 932,936 ETH ($4 billion) sits in the entry queue compared with 791,405 ETH ($3.3 billion) in the exit queue, according to validatorque.com data. Three weeks ago, the exit queue stood at 816,000 ETH, leading to concerns over whether the market would be able to absorb sell pressure once the tokens were unlocked. The turnaround was fueled in part by an Ethereum ICO participant who…

The world of digital finance is buzzing with exciting news! M0, a pioneering stablecoin infrastructure developer, has just announced a remarkable achievement: a successful Series B funding round that secured an impressive $40 million. This significant investment highlights growing confidence in the future of stablecoins and the critical infrastructure needed to support their widespread adoption. For anyone following the crypto market, this development signals a major leap forward. What Does This Stablecoin Infrastructure Funding Mean? M0’s recent $40 million Series B funding round was led by prominent venture capital firms, Polychain Capital and Ribbit Capital. Other key participants included Endeavor…

The U.S. Senate’s market structure bill should pass by the end of the year, leading lawmakers working on the effort said Wednesday, though efforts on this bill will likely push beyond the Sept. 30 deadline previously set by the Senate Banking Committee’s head. “I don’t want to put an artificial deadline on anything,” said Senator Kirsten Gillibrand (D-N.Y.), speaking at CoinDesk’s Policy and Regulation event in Washington, D.C. “We’re in the middle of negotiations about whether we’re going to have a bipartisan budget, so the most important issue that Congress has to deal with right now is the fiscal cliff.”…

Jack Ma-backed Ant Group’s enterprise arm has reportedly connected over $8.4 billion worth of Chinese energy infrastructure to its blockchain platform, with experts saying early adoption will likely remain institutional rather than draw in retail investors. Ant Digital Technologies has been monitoring power output and potential outages from wind turbines and solar panels across China, uploading real-time data to its AntChain blockchain platform, according to a Bloomberg report.  The fintech firm has already finished financing for three clean energy projects using tokenized assets, raising approximately 300 million yuan ($42 million) in total.  The company has reportedly been tracking 15…