Author: NBTC
NEW YORK — The Manhattan jury tasked with deciding Tornado Cash developer Roman Storm’s fate told the court on Wednesday morning that they were deadlocked, unable to reach a unanimous verdict on at least one of the charges. The note to District Judge Katherine Polk Failla of the Southern District of New York came on the fourth day of jury deliberations. According to reports from Inner City Press, Storm’s lawyers suggested that the court accept a partial verdict, while prosecutors requested that the jury be given an Allen charge — essentially, an instruction from the court to continue deliberating in an…
According to local media reports, the Brazilian central bank had to abandon the decentralized element of the CBDC to deliver a solution in 2026, in part due to the immaturity of the privacy solutions presented. Brazilian CBDC to Ditch Blockchain in Effort to Launch in 2026 The Central Bank of Brazil aims to accelerate the development of a central bank digital currency to deliver a working solution as soon as possible. According to local media reports, drex, the Brazilian Central Bank Digital Currency (CBDC), will abandon most of its tokenization and blockchain elements, targeting a launch date in 2026. Fabio…
Chainlink has joined Plexos Institute and EDinheiro in a project to expand financial access in Brazil through locally issued blockchain social currencies. The partnership will begin in Indiaroba, Sergipe, with the launch of the Aratu currency, serving a community of about 18,000 residents, many of whom earn incomes from small-scale shellfish harvesting. Social currencies are issued by municipal or community banks and used for local payments and aid distribution. EDinheiro’s platform, which already supports more than 180 social currencies in Brazil, will handle the issuance and management of Aratu. Chainlink’s technology will provide secure links between local data systems and…
NEW YORK — Tornado Cash developer Roman Storm has been found guilty of conspiring to operate an unlicensed money transmitting business, a Manhattan jury decided Wednesday. The jury was unable to reach a unanimous verdict on the remaining charges, conspiracy to commit money laundering and conspiracy to violate international sanctions, despite four days of deliberations after the three-week trial. A sentencing date has not yet been set, and it is currently unclear whether prosecutors will elect to re-try Storm on the remaining charges. Prosecutors told the court on Wednesday afternoon that they will confer internally and decide. Storm was arrested in…
XPayFi, a popular platform offering blockchain-led payment solutions, has officially partnered with Join, a rising Web3 platform devoted to merging social media, gaming, and crypto payments into one tokenized ecosystem. The collaboration is set to deliver an inclusive and streamlined Web3 experience by merging the strengths of both the entities. According to XPayFi’s official announcement on X, the joint endeavor underscores a significant contribution toward shaping another epoch of Web3 innovation. Thus, users can expect increased adoption of blockchain-led interactions along with accelerated integration of financial technologies. XPayFi and Join Partnership Delivers Unified Web3 Ecosystem In partnership with Join, XPayFi…
Key Takeaways Senator Marsha Blackburn, a Bitcoin advocate, announced her campaign for Tennessee governor. Blackburn supports crypto innovation and has co-sponsored legislation favoring Bitcoin adoption. Senator Marsha Blackburn, a prominent supporter of Bitcoin and crypto innovation in the US, declared her candidacy for Tennessee governor today, eyeing a historic win as the first female in the role. It’s official! I’m running for Governor to ensure Tennessee is America’s conservative leader for this generation and the next. I would be honored to have your support. #TNGov pic.twitter.com/5PNN8MkTJQ — Marsha Blackburn (@VoteMarsha) August 6, 2025 “We’ll make Tennessee America’s number one job-creating,…
Kommunitas Official is excited to announce the launch of BluBird’s Initial Kommunity Offering (IKO) on its Launchpad today at 9 AM UTC. Blubird is renowned as an all-in-one tokenization platform, supporting more than 700 projects to date. These projects include $54 billion of tokenized assets with an impressive awaiting deployment of $2 trillion pipeline. Hi $KOMmunity!@blubird_app IKO goes live today, 9 August at 9 AM UTC on Kommunitas Launchpad!Powering 700+ projects with $54B tokenized and $2T in the pipeline.🔹 All-in-one tokenization platform🔹 End-to-end workflow from token design to RWA registries🔹 Automates… pic.twitter.com/gETzIyjTZh — Kommunitas Official (@kommunitasnet) August 9, 2025 The…
Shares of Figma (FIG) rose 198% on its first day of trading on the New York Stock Exchange after the company raised $1.2 billion for its Wednesday initial public offering (IPO). The firm priced shares at $33 a share under the ticker “FIG,” valuing the company at about $20 billion. The stock changed hands at $98 in initial trades on Thursday, suggesting a valuation closer to $60 billion. Figma, a developer of design software, previously disclosed the ownership roughly $70 million worth of the Bitwise Bitcoin ETF (BITB) and said it plans to buy another $30 million worth of spot…
Trump accuses JPMorgan and Bank of America of political discrimination after leaving office BoFA CEO says Trump is doing the right thing and blames complex regulations Both Trump and major banks are now calling for reforms to outdated policies President Trump has sparked a heated debate after claiming that two major American banks discriminated against him. He claims JPMorgan Chase and Bank of America refused to work with him after his presidency, sparking concern from conservatives, crypto advocates, and free speech groups alike. Were the banks simply following the rules, or is there more to it? Let’s find out. Trump…
The US Securities and Exchange Commission’s recent decision to let crypto ETF issuers swap Bitcoin and Ether directly for fund shares represents a structural upgrade, not a retail revolution, analysts say. Bloomberg’s Eric Balchunas called the change “a plumbing fix,” noting it won’t meaningfully affect how everyday investors interact with crypto exchange traded funds. “This doesn’t mean retail can exchange IBIT for actual bitcoin,” he wrote on X, “but it shows the SEC is ready to treat crypto like a legit asset class.” The change, announced Tuesday, allows asset managers to exchange crypto tokens directly for ETF shares, instead of…