Author: NBTC

A new website called Ordinals Scrapyard is allowing users to see exactly how much money they’ve lost buying inscriptions — and harvest the losses for tax reporting purposes. The site is an embarrassing bookend to a series of stories about the theory that Ordinals could bring NFT trading onto Bitcoin’s blockchain despite its popularity on other chains like Ethereum and Solana. Despite being heralded in early 2023 by Bitcoin developer Casey Rodarmor as a Bitcoin-native protocol for minting, buying, and selling collectibles, the floor price of most inscriptions has now fallen to $0.001. Indeed, prior to the website’s launch, most…

Japan Post Bank, one of Japan’s largest banks, plans to offer depositors a digital currency in fiscal 2026 that can be used for fast trading of blockchain-based financial products. The bank wants to make its 190 trillion yen (about $1.29 trillion) in deposits more effective and revive long-dormant accounts. The digital currency in question will be DCJPY, developed by Tokyo-based DeCurret DCP. Users will be able to link savings accounts with this currency, which will have a unit value of 1 yen = 1 DCJPY, and will be able to make instant conversions through the app. This will allow investors…

The recent Commodity Futures Trading Commission (CFTC) advisory on offshore exchanges serving US residents under the Foreign Board of Trade (FBOT) framework won’t bring offshore crypto exchanges back to the US, according to Eli Cohen, general counsel at real-world asset (RWA) tokenization company Centrifuge. Cohen told Cointelegraph that settlement, clearing, and other regulatory requirements designed for the traditional financial system, required to serve US clients under the FBOT framework, are not tailored for crypto exchanges and will be difficult or impossible to fulfill. The CFTC’s guidance also stipulated that only Licensed Futures Commission (FCM) exchanges, which are broker-dealers for futures…

The turnover on cryptocurrency platforms operating in Kyrgyzstan exceeded $11 billion in the first seven months of the year, according to the country’s economy minister. The estimate comes after the Central Asian nation’s booming crypto sector was recently hit with sanctions by both the U.S. and the U.K. over suspicions that it’s being used by Russia. Kyrgyzstan reveals cryptocurrency flow volume Almost 200 crypto companies are currently active in Kyrgyzstan, its Minister of Economy and Commerce, Bakyt Sydykov, revealed at a meeting of the parliamentary Committee on Budget, Economic and Fiscal Policy in Bishkek. The government official took part in…

One of the biggest stories emerging from the Far East this month is the imminent launch of a blockchain-based version of the Japanese yen, one of the world’s major fiat currencies. The timing for this development couldn’t be better, as the Bank of Japan (BOJ) is widely expected to raise interest rates soon, a move likely to increase the appeal of both the yen and yen-backed assets. Earlier this month, CoinDesk reported that Japan’s Financial Services Agency (FSA) is likely to approve the country’s first yen-denominated stablecoin as early as this fall. According to the report, Tokyo-based fintech firm JPYC…

The Economic and Financial Crimes Commission (EFCC) of Nigeria has warned about the risks of opening crypto investors to fraudulent elements. Speaking on behalf of the organization, Ola Olukoyede, Executive Chairman of the EFCC, says Nigeria risks exposing its financial system to large-scale abuse if cryptocurrency activities continue without proper regulation. Olukoyede was represented by his Chief of Staff, Michael Nze, speaking to the stakeholders and members of the Blockchain Technology Association of Nigeria (SiBAN), led by its president, Obinna Iwuno, at the EFCC headquarters in Abuja. During the courtesy visit, Olukoyede described cryptocurrency as the engine of global innovation…

Tether has formed a new partnership with OKX to integrate USDT0 on X Layer (OKX’s Ethereum L2 network), OKX Wallet, and OKX Exchange. This will allow OKX customers to access greater unified and cross-chain liquidity on a large scale. Tether and OKX: the integration of USDT0 on X Layer, Wallet, and Exchange Tether and OKX: What is USDT0? The August Surge of OKB Tether and OKX: the integration of USDT0 on X Layer, Wallet, and Exchange Tether has just expanded the use of USDT0, integrating it on OKX Wallet, Exchange, and on X Layer, the ethereum L2 network of OKX.…

Neurolov, an advanced decentralized computing ecosystem, has started an exclusive collaboration with Qitmeer Network, a public blockchain entity. The main objective of this collaboration is to unfold new opportunities for artificial intelligence (AI) and Web3 innovation through a decentralized compute and payment ecosystem. 🤝 Partnership Announcement 🤝We’re thrilled to partner with @QitmeerNetwork 🌐 Qitmeer x AI Compute x Web3 Infrastructure 🌐Together, we’re shaping the future of decentralized compute + payment ecosystems, unlocking new possibilities for AI, Web3, and beyond.✅ Scaling… pic.twitter.com/XGSL8eFsXU — Neurolov (@neurolov) September 5, 2025 Neurolov is a well-known computation-based platform that runs AI jobs with WebGPU and…

Venture capital (VC) firms have become much more selective with the crypto projects they invest in, representing a shift from the previous cycle due to market maturation, according to Eva Oberholzer, the chief investment officer at VC firm Ajna Capital. “It’s harder because we have reached a different stage in crypto, similar to every cycle we have seen for other technologies in the past,” Oberholzer told Cointelegraph. She added that market maturation has slowed down pre-seed investing, as VCs pivot their attention to established projects with clear business models. Oberholzer said: “It’s more about predictable revenue models, institutional dependency, and…

Chainlink CEO Sergey Nazarov met with U.S. Securities and Exchange Commission Chairman Paul Atkins, who Nazarov said was keenly interested in how best to bring on-chain assets into compliance with securities laws. The chief executive of Chainlink, a network specializing in authenticating real-world data for smart contracts, said he was impressed with how much the agency has shifted away from whether the U.S. should permit blockchain tokenization innovations into the financial system and instead is looking at how this can be conducted with maximum efficiency and market safety. “While cryptocurrencies define the majority of our industry’s value today, I personally…