Author: NBTC
While Friday’s SEC Crypto Task Force Roundtable was a refreshing change from the prior administration’s “regulation by enforcement” approach, it focused on yesterday’s problems instead of proposals that could shape the regulatory framework that will govern crypto going forward. Since 1946, the question of whether a product is a “security” or “commodity” has been governed by the Supreme Court’s decision in SEC v. W.J. Howey Co. Courts have struggled to uniformly apply the “Howey” test to digital assets, which should not be surprising because it’s a decades-old decision about citrus groves. Digital assets do not cleanly fit into either the…
Blocksquare announces the launch of an upgraded infrastructure for its flagship White-Label Marketplace Infrastructure. Blocksquare, a provider of real estate tokenization technology, announced the global rollout of a major upgrade to its real-world asset marketplace infrastructure, crypto.news can exclusively report. The update, set to launch on March 25, will deliver a faster, more intuitive, and scalable experience for platforms powered by Blocksquare, spanning platforms across Europe, the Middle East, Africa, and beyond. The upgrade consists of a redesigned user interface, smarter buy and sell workflows that simplify transactions through intelligent validation and clearer guidance, and a next-generation blockchain index. You…
Bitcoin may have recently hit a local bottom, according to the Hash Ribbons indicator. Amid recent macroeconomic uncertainty, speculation has continued to mount over whether Bitcoin has topped out. According to one key metric, however, it might be quite the opposite. End of Miner Capitulation Bitcoin may have recently hit a local bottom, according to the Hash Ribbons indicator. The Hash Ribbons indicator assumes that Bitcoin tends to hit a local bottom when miners capitulate—sell their Bitcoin holdings to stay afloat or shut down as mining costs rise above profitability. This usually occurs when the asset price falls or running…
A survey carried out on March 21st across five South Korean crypto exchanges revealed that the number of domestic crypto investors increased by over 50% last year. The amount of crypto owned by South Korean investors is currently worth over 105T won. According to reports from local media outlet Donga, data received by Democratic Party lawmaker Ahn Do-Jae from five domestic crypto exchanges, including Upbit, Bithumb, Coinone, Korbit, and Gopax, on the 21st, showed there were 9,667,023 investors who had trading accounts on these exchanges at the end of last year (Korbit as of the end of September 2024). The…
According to data provided by cryptocurrency analytics firm Santiment, there are significant changes in the list of decentralized finance (DeFi) altcoins that developers are focusing on the most. Cryptocurrency analysts at Santiment have compiled a list of DeFi altcoins that crypto developers have focused on the most over the last thirty days, using code entries from the Github pages of these projects, most of which are open-source. Here are the DeFi altcoins and developer scores that developers have focused on the most in the last thirty days, according to Santiment data: Chainlink (LINK) – 633 DeepBook Protocol (DEEP) – 264…
The potential rollback of the SEC’s custody rule could significantly reshape the digital asset landscape, according to Manthan Dave, co-founder of Palisade, a digital asset custodian backed by Ripple. Dave argues in a note sent to crypto.news that reversing the rule would drive both short-term and long-term changes in how digital assets are managed and stored. The custody rule was introduced in response to high-profile failures like FTX, which made it clear there existed notable weaknesses in how customer assets were managed. Dave noted that the rule aimed to prevent similar mismanagement by requiring firms to use a qualified custodian.…
The Layer-1 blockchain platform, Ice Open Network has formed a new partnership with ChainGPT which launched Web3 artificial intelligence solutions for mass adoption. The X post reveals today that this partnership will merge AI transformative features into ION’s Online+ application and the whole ecosystem thereby accelerating the advance of decentralized technology. A new collaboration is on the way… 👀We’re joining forces with @Chain_GPT to bring the power of Web3-AI innovation into Online+ and #ION Ecosystem. This is just the beginning of something big!🔥 Stay tuned—more details coming soon. pic.twitter.com/oyZj6ZinFR — Ice Open Network (@ice_blockchain) March 25, 2025 A New Era…
Bitcoin Core developer Luke Dashjr has raised concerns about the finality of Bitcoin transactions, stating that the widely accepted six-block confirmation rule no longer holds. According to him, transaction finalization now takes over a week, casting doubt on Bitcoin’s resistance to censorship. Finality refers to the point where reversing a transaction becomes practically impossible due to the immense computational power required. Traditionally, this threshold was reached once six blocks were added after the original transaction. Why Bitcoin transactions are taking longer to finalize Dashjr argues that the traditional standard no longer applies due to the increasing centralization of Bitcoin mining…
This is a segment from The Drop newsletter. To read full editions, subscribe. The anime-inspired Ethereum NFT collection Azuki is releasing its Alpha Starter Decks this week. These decks consist of mystery loot, booster packs, and cards that will be playable in the brand’s upcoming trading card game (TCG). Each box — either a red “Shao” box or a blue “Raizan” box — will cost the equivalent of $95 of the ANIME token. Only Azuki community members will be able to buy these boxes, based on their predetermined status level. The eligibility snapshot was taken Tuesday morning, so it’s too…
Aleš Michl, the head of the Czech National Bank (CNB) who proposed exploring the Bitcoin reserve option, has been named “Governor of the Year” by the Central Banking Journal. The magazine praised his role in taming inflation and highlighted his efforts to diversify the CNB’s portfolio, including by considering an investment in the cryptocurrency as a reserve asset. Michl took over as CNB governor in July 2022 and has since proven himself as anything but a traditional manager of a monetary authority. He is not afraid to differ from peers and colleagues and his unconventional approach to stabilizing prices while…