Author: NBTC

Telegram, the messaging platform used by more than 1 billion people worldwide, is facing a major legal challenge in Australia over claims that it failed to stop the spread of terrorism-linked material. Australia’s online safety regulator, the eSafety Commissioner, launched civil penalty proceedings against Telegram in the Federal Court on Thursday, according to an official statement. The authority alleged Telegram breached its obligations under the country’s Online Safety Act to address “pro-terror” content by failing to act on multiple user complaints. The case adds to growing global scrutiny of Telegram’s moderation practices, following legal pressure on CEO Pavel Durov in…

Gate US joined BitGo’s Go Network Off-Exchange Settlement service on July 28, giving eligible institutional clients access to the exchange’s U.S. liquidity while their assets remain in custody at BitGo Bank & Trust, National Association. The integration extends a broader partnership announced five days earlier. Gate US said BitGo would provide institutional custody, wallet management and risk-control technology as the exchange expands its U.S. business. Neither company disclosed financial terms, expected trading volume or a separate rollout schedule for the OES connection. Gate US clients can trade without pre-funding the exchange Under the arrangement, an institution allocates part of its…

Capital B shareholders have approved a financing framework that authorizes up to €5 billion (~$5.36 billion) in capital increases and €100 billion (~$107.15 billion) in credit instruments to support the company’s Bitcoin treasury strategy. Capital B said in a June 17 press release that shareholders approved all resolutions presented at the company’s Annual Ordinary and Extraordinary General Meeting, including measures tied to expanding its capacity to fund future Bitcoin purchases. The company stated that the resolutions passed with support exceeding 95% of votes cast. 🟠 Capital B’s shareholders approve with a vast majority all resolutions at the Annual Ordinary and…

DeFi Kingdoms, a blockchain-based gaming project, has announced that its Avalanche subnet, DFK Chain, will officially shut down on Aug. 28. The closure specifically affects the chain used for the JEWEL token, while the broader DeFi Kingdoms ecosystem will continue operations. The project has stated that its primary focus is ensuring a safe migration of user assets to the Avalanche C-Chain. What the DFK Chain Shutdown Means for Users For users holding JEWEL or other assets on DFK Chain, the shutdown means they will need to move their funds to the Avalanche C-Chain before the Aug. 28 deadline. DeFi Kingdoms…

Arthur Hayes disposed of 2,364.38 $ETH for 4.3 million $USDC last Friday, according to tracking platform Lookonchain, resulting in a possible loss of $241,000. The sale happened as the price of crypto, in general, was on the decline with the whole cryptocurrency market falling by about 2 percent within the past 24 hours. Arthur Hayes(@CryptoHayes) bought high and sold low again!Over the past 2 hours, he deposited 2,364.38 $ETH into Cumberland and Galaxy Digital, receiving 4.3M $USDC in return.His selling price was $1,821, resulting in a loss of $241K (-5.3%).He had previously bought 7,213… pic.twitter.com/4AVZpjANZD — Lookonchain (@lookonchain) August 1,…

Anthropic has proposed leasing up to $10 billion of computing power from Meta Platforms over two years as the AI developer prepares for a possible October IPO. According to Reuters, which cited The New York Times, Meta is reviewing the proposal after Anthropic presented the terms in June. The planned agreement would require Anthropic to make monthly payments for access to Meta’s computing capacity. Both companies could end the contract before the two-year period expires, the report added. Meta and Anthropic have not finalized the arrangement, leaving its value and duration subject to the outcome of their talks. For Anthropic,…

Latest developments: Stellar Development Foundation CEO Denelle Dixon joined CoinDesk’s Public Keys and said DTCC’s selection of Stellar validates years of infrastructure built for institutional use. DTCC recently chose Stellar as the first public blockchain connected to its upcoming tokenized securities settlement platform, Dixon said. Stellar surpassed $1 billion in tokenized real-world assets in December and has since grown to roughly $3 billion in about five months, according to Dixon. Dixon described the partnership as “the moment Stellar was built for” after more than a decade of focusing on compliance and institutional requirements. What this means: Regulatory progress is helping…

South Korea plans to impose an up to 22% combined tax on annual crypto gains exceeding 2.5 million won ($1,740). The country plans on taxing cryptocurrency gains from Jan. 1, 2027, signaling that it does not intend to postpone the measure for a fourth time. The tax was originally due to take effect in January 2022 and had been postponed until 2025. A December 2024 amendment delayed its introduction by another two years, to the start of 2027. “We are pushing forward with the plan to tax [cryptocurrency] starting next year as scheduled., Deputy Prime Minister Koo Yun-cheol told lawmakers…

Artificial intelligence has learned how to write software, build businesses and automate workflows. Yet one of the most important actions on the internet still required human intervention: moving money. MoonPay believes that gap is about to close. With the launch of PayBox, users can ask ChatGPT or Claude to swap tokens, bridge assets, book travel or make purchases using natural language, while keeping full control of their wallets and funds. “Swap $100 of PYUSD to SOL.” “Bridge funds to Robinhood Chain.” “Maximize my yield using Aave.” “Book my flight.” The AI prepares the transaction, the user approves it with a…

Uniswap v4, the latest iteration of the leading decentralized exchange protocol, now accounts for roughly half of all quarterly trading volume across decentralized exchanges (DEXs), according to data from Sentora. The milestone comes approximately 18 months after its launch, signaling a significant shift in the DeFi trading landscape. Uniswap v4’s Rapid Ascent in the DEX Market Uniswap v4 was introduced with a host of technical improvements, including “hooks” that allow for customizable liquidity pools and more efficient use of capital. These features have attracted both retail and institutional traders, driving a steady increase in volume since its deployment. Sentora’s data…