Author: NBTC

Korbit, the South Korean crypto exchange in talks to be bought by Mirae Asset, was fined 2.73 billion won ($1.9 million) by the country’s regulator for multiple anti money-laundering and customer verification breaches. The Financial Intelligence Unit said the exchange violated key provisions of the country’s Special Financial Transactions Act, including lapses in customer due-diligence and transaction restrictions. In addition to the fine, it imposed an institutional warning and issued personal disciplinary measures against senior Korbit executives, it said Wednesday. The enforcement action comes as Mirae Asset, a Seoul-based financial group with no prior involvement in crypto-related businesses, holds talks…

Investment bank KBW upgraded TeraWulf (WULF) to “outperform” from “market perform” while raising its price target to $24 from $9.50. The bank said the market is underestimating the earnings upside from the company’s shift away from bitcoin BTC$88,518.75 mining toward AI and high-performance computing (HPC) leasing. “We think investors underappreciate the magnitude of the BTC mining to HPC leasing mix shift in 2026-2027 and robust growth catalysts on 646 MW net of visible HPC leasing pipeline through 2027,” wrote analyst Stephen Glagola in the Wednesday report. The shares were modestly higher in early trading Wednesday, at $11.18. Bitcoin miners have…

Onchain data from Bubblemaps revealed that roughly $250 million was withdrawn from decentralized perpetual exchange Lighter after it airdropped $675 million worth of LIT on Tuesday. In an X post, Bubblemaps questioned whether “all the (yield) farmers were leaving?” It also noted that Lighter users withdrew roughly $201.9 million worth of tokens on the Ethereum blockchain and approximately $52.2 million on arbitrum. Nicolas Vaiman, CEO of Bubblemaps, told CoinDesk that “these outflows represent more or less 20% of Lighter’s total value locked (TVL) assets that total $1.4 billion per DeFiLlama”. He also said that, “while this is a large number,…

Changpeng Zhao (CZ), the founder of Binance, the world’s largest cryptocurrency exchange, made a bold prediction for a country. Pakistan, which has recently attracted attention with its innovative cryptocurrency initiatives, could become a leader in the cryptocurrency field by 2030, he said. CZ’s remarks came during a recent interview with Bilal bin Saqib, CEO of the Pakistan Crypto Council. Former Binance CEO CZ believes Pakistan could become one of the world’s leading cryptocurrency players by 2030 if it maintains its momentum in digital asset regulation and adoption. “If this momentum is maintained, Pakistan could become a global leader in virtual…

Strategy (formerly MicroStrategy) released Q3 earnings yesterday, spending vast amounts of time on its newest, most complex (and relatively small) preferred stock, a quasi-pegged STRC that its founder somehow believes will come to serve 1 billion people. Based on the 6% gain in its stock price at this morning’s open, it would be easy to conclude that yesterday’s earnings call for Strategy went well. However, reducing that figure by 7% for its single-day loss during yesterday’s trading session, not to mention 1% for this morning’s broad gain across all Nasdaq stocks, and Strategy’s MSTR common stock is actually relatively flat…

Binance continues to expand its futures trading product lineup, announcing that it will make two new USDⓈ-margin perpetual futures contracts available to users. According to the exchange’s statement, the COLLECTUSDT and MAGMAUSDT perpetual contracts will begin trading on December 31, 2025. The COLLECTUSDT perpetual futures contract will launch on Binance Futures on December 31, 2025 at 16:15, while the MAGMAUSDT contract will launch on the same day at 16:30. Both contracts will offer investors leverage of up to 20x. The underlying asset for the COLLECTUSDT contract has been announced as Collect on Fanable (COLLECT), a real-world collectibles marketplace powered by…

October ended with another peak result in VC crypto funding. For the past month, a total of $5.11M in reported deals flowed into crypto projects. In October, crypto VC deals expanded again, reaching $5.11M for all funding announced before the end of the month. The final result may be even higher after all deals are disclosed. Crypto funding accelerated in October, rising to $5.11B. | Source: Cryptorank October became the second-best month for VC deals since March 2025, which achieved $5.79B. The past month was also the second-best since 2022. The USA was once again the leader in terms of…

2025 was a very eventful year for XRP, as the legal battle between the US SEC and Ripple Labs, which had lasted for nearly four years, officially came to an end. With the conclusion of the case, the regulatory hurdles that had been obscuring XRP have been removed, and regulatory clarity has been brought to XRP. This has increased interest in and the price of XRP. As a result, XRP emerged as the most traded cryptocurrency in 2025, a year that was generally considered weak for altcoins. According to the data, XRP became the most traded cryptocurrency on Uphold in…

Bybit’s analysis notes the initial tailwind from Fed easing was quickly tempered by Powell’s refusal to pre-commit for December, leaving institutional options traders firmly in a defensive, hedged posture. Summary Bybit says the Fed’s October rate cut briefly lifted crypto before Powell’s cautious tone cooled sentiment. Treasury yields reversed higher as traders priced in a potential December pause. Privacy tokens like Zcash outperformed, reflecting a search for alpha beyond macro trends. In their latest Crypto Insights Report, Bybit analysts said the Federal Reserve’s October 29 rate cut delivered only a brief lift to digital assets before sentiment cooled. The Fed’s…

Today, MemoLabs and XDGAI have released their first collaboration to offer user-centric data storage and high-performance decentralized calculation. MemoLabs, the AI-based and data-centric blockchain architecture company, declared the formal co-operation with XDGAI, the next-generation decentralized AI platform with an advanced X-modal system of generative calculations. The agreement preconditions the development of another generation of AI agents that can integrate secure execution of data with scalable AI computation power. 🤝 Partnership AnnouncementWe’re excited to partner with @MemoLabsOrg — an AI-driven, user-centric data blockchain redefining data storage and management with secure, intelligent, and efficient cloud solutions.Together, we’re building a smarter, decentralized #AI…