Author: NBTC

Charles Hoskinson, the founder of Cardano and early co-founder of Ethereum, says the American healthcare system isn’t broken — it’s working exactly as designed. And that, he says, is the problem. “Healthcare is just fucked in America. It’s just fucked. Everybody knows it’s true,” Hoskinson said in an interview with CoinDesk TV at the Rare Evo conference in Las Vegas. “Yet they all try to continue making the system go because it’s just too profitable.” While it may sound like a harsh criticism, Hoskinson is putting his money where his mouth is: He is pouring $200 million investment into a…

September has historically been the weakest month for Ethereum, with median returns showing losses of more than 12%. This year’s September started no differently. ETF outflows and broader market hesitation kept the Ethereum price under pressure in the opening week. However, September 2025 might not follow history so neatly. Three bullish signs have emerged that could flip the script and push the Ethereum price toward new highs, in its historically weakest month. Well, that would be such an anti-climax. Whales Buy Big as Weak Hands Exit At press time, Ethereum trades near $4,406. Just this week, ETH touched lows of…

Cardano founder Charles Hoskinson has criticized traditional financial infrastructures, particularly SWIFT, forecasting their eventual demise. Speaking in an interview on the David Lin Report, Hoskinson predicted that SWIFT and other large traditional financial systems will eventually “die” due to their inability to sustain themselves. He backed up this claim by pointing to several shortcomings of legacy financial systems. In his view, legacy financial systems have numerous complexities and also impose high trust requirements, which can be frustrating for everyday users. However, he suggested that it is easier to complete a transfer from a multi-signature wallet, such as Ledger. He argued…

The US Senate Banking Committee has advanced the nomination of Stephen Miran to a temporary position on the Federal Reserve Board of Governors after another member resigned in August. In a Wednesday meeting, the banking committee voted along party lines, 13 to 11, to advance Miran’s nomination to the full Senate for consideration. All Democrats voted against the potential Fed governor, while Republicans, in the majority, voted in favor. Miran, whom President Donald Trump picked to chair the Council of Economic Advisors in December, said during a hearing last week that he would not resign from his role advising the…

In this post: Unstoppable Domains partnered with the OG Foundation to launch the .ROBOT domain. The domain will span humanoid machines, industrial cobots, gaming NPCs, automation platforms, and AI-powered digital agents. OG Foundation revealed it secured $384 million in funding and is dedicated to powering an internet of intelligent agents. Unstoppable Domains has partnered with the OG Foundation to launch a new domain called .ROBOT. According to the company, the domain is available for pre-sales and is a Web3-only naming service. The leader in Web3 said .ROBOT domain provides a universal identity layer for the robotics revolution. The domain will…

Summary Ethereum does not just disappear after token burn, it can be issued in the form of Burned ETH or BETH. The Ethereum Community Foundation’s Zak Cole created BETH to keep a tokenized record or proof of burns. BETH is not redeemable for Ethereum at any point in the future; it is simply a receipt for burned Ether, raising questions about its value. Ethereum co-founder Joseph Lubin believes BETH will see community adoption in the future. It remains to be seen how the market prices BETH and whether the token drives demand among Ethereum holders. Ethereum’s EIP-1559 upgrade has led…

U.S. stocks are bidding for a positive flip after opening on a muted note on Thursday, with Nasdaq slightly up amid Wall Street’s reaction to Nvidia earnings and the latest jobs data release. Summary Nasdaq saw slight gains but hovered near the flatline. Dow Jones Industrial Average and S&P 500 also wavered as early signs of an uptick fizzled. U.S. economy grew and weekly jobless claims fell Wall Street was mixed in early trading on Thursday as the Dow Jones Industrial Average remained subdued with -60 points, and the S&P 500 hovered flat. Meanwhile, Nasdaq inched just above the flatline.…

Brian Quintenz, President Donald Trump’s long-stalled pick to head the CFTC, escalated a spat with Gemini founders Tyler and Cameron Winklevoss Wednesday, publicly posting what he said were screenshots of conversations with the twin crypto entrepreneurs regarding their reported attempts to derail his nomination. The images show what appears to be a text conversation on messaging app Signal between Quintenz and the Winklevosses on July 24. Decrypt reached out to a Gemini representative to confirm the accuracy of the screenshots, but did not immediately receive a response.  In the conversation, the Winklevoss brothers grill the nominee over his reaction to,…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. In his work on the pre-800 AD Classic Maya economy, the historian Philip Curtin recounts a striking finding: Archaeologists measured the ratio of cutting length to weight in obsidian blades and discovered that the ratio varied inversely with distance from obsidian sources. The economist Deirdre McCloskey cites this as evidence that the human impulse toward exchange and profit-seeking gain has always existed. “If Mayans lived in a gainless, profitless, nonmarket economy, it would not matter to them how expensive obsidian was. But…the ratio varied inversely with the…

Another shareholder lawsuit alleging dodgy accounting practices at Bitcoin treasury giant Strategy has been dropped, court documents show.  Documents filed Wednesday show the scrapped case, brought in June by shareholders Abhey Parmar and Zhenqiu Chen, had alleged breaches of fiduciary duties, unjust enrichment, abuse of control, and gross mismanagement in the company.  The dismissal comes just weeks after a different class-action lawsuit accusing the company of misleading shareholders about how new accounting rules would affect its profitability was scrapped. That lawsuit, filed in May, was similar to the June one dismissed Wednesday. A number of law firms and stockholders this…