Author: NBTC
South Korea’s Democratic Party makes crypto a key election issue, launching a Digital Asset Committee to centralize policy under the president. Stablecoins and regulatory reform dominate discussions as lawmakers seek to modernize outdated crypto laws amid rising public interest. Crypto isn’t just a finance story in South Korea anymore, it’s turning into a major political issue. As the country heads toward its June 3 presidential election, the Democratic Party has placed digital assets at the heart of its campaign, forming a dedicated Digital Asset Committee to take control of regulation and reform. South Korea Crypto Law The committee held its…
Telegram has shut down the illicit marketplace Haowang Guarantee, formerly Huione Guarantee, which has facilitated transactions totaling over $27 billion in stablecoins since 2021. Haowang was shut down based on insights provided by blockchain analytics firm Elliptic on Tuesday. The closure took place amidst a crackdown on thousands of suspected Chinese crypto-crime channels operating on Telegram, following Elliptic’s report into marketplace Xinbi Guarantee. Telegram has now shut down both Huione and Xinbi, which processed a combined $35 billion of illicit transactions in stablecoins, Elliptic wrote in a web post on Wednesday. “Our analysis indicates that Huione Guarantee has facilitated transactions…
Cryptocurrency analysis company Alphractal has shared its latest data on the Bitcoin market. According to the assessment published by the company, the selling pressure from miners has decreased to the lowest level since 2024. The “Miner Selling Pressure” metric tracked by Alphractal measures the selling power of miners. This metric compares the total BTC outflows over the last 30 days to the average of miner reserves over the same period. A low value indicates that miners are holding on to their assets, which is a positive signal for the price. However, Alphractal warned that reselling interest could increase in the…
In the decentralized finance (DeFi) world, Fluid DEX — an emerging decentralized exchange — has drawn major attention. Liquidity providers (LPs) in its USDC-ETH pool have reported losses of up to $19 million caused by the platform’s rebalancing mechanism. This incident has sparked debate across the DeFi community and raised serious questions about transparency and accountability in protecting users. Ethereum Volatility Triggers Losses for Fluid DEX Fluid DEX launched in October 2024, when ETH traded around $4,400. The platform promised to generate liquidity of up to $39 for every $1 total value locked (TVL), attracting many LPs to provide liquidity…
The Ethereum Foundation has unveiled the “Trillion Dollar Security” initiative, a wide-ranging effort to scale Ethereum’s security infrastructure to a level capable of supporting trillions of dollars in onchain value. Announced on May 14, the program reflects Ethereum’s (ETH) ambition to serve as “civilization-scale infrastructure” that rivals and surpasses legacy financial systems in safety and resilience. The initiative will be led by Fredrik Svantes, the Foundation’s Protocol Security Lead, and Josh Stark of the EF management team. This initiative could be a catalyst for future price gains, as investors weigh its potential to boost institutional trust and onchain adoption. Over…
A growing number of companies are launching Solana tokens as a way to circumvent traditional fundraising methods. Tokens linked to these companies are hitting market capitalizations in the millions or even tens of millions—despite growing concern that many of their products are “vaporware.” “Internet capital markets is itself a powerful meme, and it’s among the most significant and OG meta-narratives and use cases for crypto,” Alon Cohen, co-founder of Pump.fun, told Decrypt. “In principle, it represents the ability to efficiently and instantly crowdsource liquidity on decentralized crypto rails.” The trend first rose to popularity in 2024, with the launch of…
Pedro Inzunza Noriega and his son Pedro Inzunza Coronel, alleged leaders of the Beltrán Leyva Organization, or BLO, a faction of the Sinaloa Cartel, were indicted Monday on narco-terrorism and trafficking charges. The indictment came in part because blockchain investigators have been tracing how cartel drug profits are being laundered through crypto. Prosecutors in the Southern District of California say the two men reportedly helped lead one of the world’s largest fentanyl operations, trafficking tens of thousands of kilograms into the U.S, in a Tuesday statement. Their indictment follows a December 2024 raid in Sinaloa that seized 1,500 kilograms of…
Kucoin has just secured the ISO 27001:2022 certification, one of the most respected international standards for information security. This milestone is a critical step forward in KuCoin’s sweeping $2 billion Trust Project, a long-term initiative focused on transparency, security, and compliance across the Web3 landscape. —A New Gold Standard for SecurityISO 27001:2022 is no small feat. It’s the gold standard for Information Security Management Systems (ISMS), covering everything from encryption and endpoint security to access control and real-time threat response. Following an extensive third-party audit, KuCoin’s systems passed with flying colors—proving their ability to defend against evolving cyber threats while…
DeepLink has partnered with Marlin Protocol to enhance the security and performance of AI-powered gaming. This partnership will bring Marlin’s Trusted Execution Environments (TEEs) into DeepLink’s Decentralized Cloud Gaming Infrastructure. The integration will provide confidential and verifiable AI-driven rendering for immersive and real-time Web3 games. Marlin’s Oyster compute layer allows the development of complex workloads with confidentiality and integrity. Securing the Future of AI-Powered Gaming! 🔐🎮We’re thrilled to announce our partnership with @MarlinProtocol , a leading distributed compute network leveraging Trusted Execution Environments (TEEs) to deliver secure, scalable, and confidential processing across DeFi, AI, and… pic.twitter.com/ZvhVnztSj0 — DeepLink (@DeepLinkGlobal) May…
Bitcoin (BTC) trades at $104,200, up 1.00% with a $2.06T market cap. Support stands at $102K; a breakout above $105K could target $107.5K. Bitcoin (BTC) briefly reclaimed the $104,000 threshold today, posting a modest 1.00% intraday rise. At the time of writing, BTC trades at $104,200.09, securing a market capitalization of $2.06 trillion. This reflects a 0.73% increase in tandem with a strong surge in trading volume, now totaling $47.02 billion, up by nearly 20%. Bitcoin’s fully diluted valuation stands at $2.18 trillion, while the circulating supply has reached 19.86 million coins, closing in on its 21 million cap. The…