Author: NBTC
Reddit has launched a lawsuit against artificial intelligence firm Anthropic, accusing the company of scraping its platform and using Reddit content without permission to train its Claude AI model. The complaint, filed Wednesday in a U.S. federal court, alleges that Anthropic violated Reddit’s user agreement and continued to access Reddit servers, including doing so more than 100,000 times after publicly claiming to have ceased such activity in July 2024. Reddit is seeking damages, restitution, and a court order barring Anthropic from using any Reddit-derived data in its products, including preventing the company from licensing or profiting off any AI programs…
Robinhood has finalized its $200 million acquisition of Bitstamp, one of the longest-operating cryptocurrency exchanges globally. The all-cash deal, originally announced in 2024, marks a strategic pivot for the retail trading platform as it targets institutional crypto services and international expansion. By acquiring Bitstamp, Robinhood gains immediate access to more than 50 active crypto licenses across Europe, the UK, and Asia — significantly broadening its global regulatory footprint. The acquisition also delivers a ready-made institutional client base, a segment Robinhood had previously struggled to penetrate. The move positions Robinhood to go beyond retail crypto trading and into institutional-grade offerings. These…
VERA, a secure B2B messaging platform, has partnered with decentralized identity infrastructure provider cheqd to bring verified digital identity into business communications. In a press release shared with crypto.news, VERA announced that it has integrated cheqd’s decentralized identity stack, including Verifiable Credentials, AnonCreds, and DID-linked resources. This lets VERA users authenticate counterparties in real time, helping reduce risks in industries like construction, procurement, and finance where fraud and timing are serious concerns. It also allows for fast onboarding of new suppliers, secure sharing of documents, and fraud-resistant invoicing, all through a single, encrypted platform. “cheqd’s infrastructure allows us to not…
Bitcoin (BTC) is back trading near the $110,000 mark, up nearly 4.5% over the last seven days. The price has held above $105,000 for the past four days, reinforcing bullish sentiment in the market. This steady performance comes amid a pause in whale accumulation and strong technical indicators such as bullish EMA alignment and Ichimoku Cloud support. As BTC tests key resistance levels, traders watch closely to see whether momentum will carry or a pullback is on the horizon. BTC Whales Pause Accumulation Between May 28 and June 4, the number of Bitcoin whale wallets—those holding between 1,000 and 10,000…
Last month, CoinDesk reported that big money is becoming increasingly bullish on ether ETH$2,461.38, with price charts indicating a potential rally above $3,000.New evidence has now emerged, supporting those claims. On Thursday, a trader paid a premium of over $2 million to purchase a total of 61,000 contracts of June-end expiry ether call options at strikes $3,200 and $3,400, according to data source crypto options exchange Deribit. Theoretically, the $3,200 call is a bet that ether’s price will rise from the current $2,460 to over $3,200 by the end of the month. The purchase of the $3,400 call indicates expectations…
Strategy (MSTR), the largest corporate holder of bitcoin BTC$103,848.26, has priced the new preferred stock offering designed to give long-term investors a fixed 10% annual return with no management fees.The firm will sell 11.76 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD), expecting to bring in an estimated $979.7 million after fees and expenses, according to a press release. The shares, which sit below Strategy’s other preferred offerings STRF and STRK, are set to settle on June 10. Unlike STRF, which has senior status and lower volatility, and STRK, which is convertible and pays 8%, STRD…
Floki’s highly anticipated MMORPG, Valhalla, has been officially named the Presenting Partner and Exclusive Title Sponsor of the 2025 Global Esports Industry Week (GEIW). This premier esports event, scheduled for June 18–22, 2025, will spotlight the convergence of gaming, Web3, and blockchain as Valhalla claims a dominant role just days ahead of its mainnet launch on June 30. Image: Floki Full Spectrum Exposure at GEIW As the presenting partner, Valhalla will have a commanding presence throughout the five-day event, with branding on the main stage, signage, official agendas (both print and digital), and even exclusive Valhalla-themed lanyards. Attendees will also…
All eyes are on the long-running Ripple v. The U.S. Securities and Exchange Commission (SEC) case again, with June 16 marking the expiration of the SEC’s 60-day window to update the U.S. Court of Appeals on the status of the case. The deadline was set in April, when the Second Circuit Court of Appeals agreed to a pause following a joint request from Ripple and the SEC, on the condition that the SEC file a status report by June 15. Bill Morgan, Ripple’s attorney, noted that “something has to happen” by June 16, suggesting major procedural updates and the continuation…
Binance US announced that it will list Hyperliquid’s HYPE token in the near future. This caused a minor price spike, giving HYPE more than 6% growth in the last 24 hours. Unfortunately, Binance’s listing announcement doesn’t have many specific details, and it’s unclear when HYPE will go live on the platform. Nonetheless, this seems like a bullish development. Binance US to List Hyperliquid Soon Hyperliquid, a high-performance trading blockchain, has won a few important accolades recently. It surpassed dYdX’s trading volume in late May, overpowering Sui’s market cap less than one week later. The exchange also became viral recently due…
Ankr’s high-performance RPC services make it easier for developers to connect and build directly on the Flare Network. Flare’s partnership with Ankr boosts Web3 infrastructure, enabling smoother dApp development without node management hassle. As the blockchain network continues to grow and become denser, one thing is increasingly important: reliable connectivity. This is where Ankr’s role becomes even more crucial, especially after they officially partnered with Flare Network. Not just a regular technical collaboration, this collaboration brings high-performance RPC (Remote Procedure Call) directly to the hands of developers in the Flare ecosystem—without having to worry about managing their own nodes. Why…