Author: NBTC

Estonian businessman Rain Lohmus participated in Ethereum’s 2014 initial coin offering (ICO), and is the world’s largest individual holder of around 250,000 coins valued at nearly $900 million, according to blockchain analytics platform Arkham Intelligence. Business entrepreneur and chairman of the Supervisory Board at LHV Capital Lohmus purchased roughly $75,000 worth of ETH during the project’s ICO more than a decade ago. The investment he made before Ethereum’s official launch has since appreciated over 11,000 times in value. However, despite sitting on one of the largest personal crypto fortunes in history, Lohmus has lost the keys to access his Ether…

Alt5 Sigma (ALTS), a developer of digital-asset trading platforms that is building a treasury of tokens issued by Trump-family linked World Liberty Financial, said it suspended CEO Peter Tassiopoulos and replaced him with CFO Jonathan Hugh on an interim basis. The company’s board, which is headed by World Liberty Financial co-founder Zach Witkoff, removed Tassiopoulos from his duties as of Oct. 16, according to a Wednesday SEC filing that did not provide a reason for the decision. Tassiopoulos was appointed CEO just over a year ago. At the time, the Nasdaq-listed company highlighted his experience in the sector. The hiring…

Binance announced that it will be removing some perpetual contracts from its futures trading platform, Binance Futures. Binance Futures to Remove Multiple Perpetual Contracts The exchange announced that all positions in the relevant contracts will be closed and the delisting process will be completed following the automatic reconciliation process. According to the official announcement, the USDⓈ-M KDAUSDT perpetual contract will be closed and removed from the system as of 12:00 on November 6, 2025, and the COIN-M AXSUSD and THETAUSD perpetual contracts will be closed and removed from the system as of 12:00 on November 7, 2025. Binance recommended that…

Ethereum’s layer 2 (L2) ecosystem is rapidly expanding, accelerating the network’s transition to scalability. GrowThePie, a crypto analytics platform, predicts that the Ethereum Mainnet may reach 10,000 transactions per second (TPS) by 2031, driven by the rapid expansion of layer 2 (L2) solutions. According to GrowThePie, the Ethereum Mainnet processed an average of 18.6 transactions per second (TPS) last month. The blockchain data site argued that the network must increase throughput by approximately 537 times from its current level of 18.6 TPS to reach its long-term scaling objective of 10,000 TPS. From 2015 to the present, ETH has scaled from…

FalconX’s acquisition of 21Shares on Oct. 22 will add prime brokerage to the crypto investment management firm that oversees more than $11 billion across dozens of exchange-traded products (ETP). The deal, which has an undisclosed sum, merges prime brokerage infrastructure with one of the largest crypto ETP issuers, creating a vertical integration that could reshape how Bitcoin and Ethereum funds trade and track their underlying assets. The acquisition comes five weeks after the Securities and Exchange Commission (SEC) removed the final regulatory barriers to spot ETFs tied to assets beyond Bitcoin and Ethereum, opening pathways for Solana, Dogecoin, and other…

Cryptocurrency exchange OKX has announced that it will list the new digital asset Hyperliquid (HYPE) on its spot market. The platform has shared a detailed timeline for users to access HYPE trading. OKX Launches Hyperliquid (HYPE) Spot Trading According to OKX’s statement, deposits for HYPE will begin at 3:30 PM on November 3, 2025. Users will be able to place pre-orders between 9:30 PM and 10:30 PM on the same day. The HYPE/USDT spot pair will begin trading at 22:30 on November 3. Withdrawals will become available at 10:00 on November 4. The exchange will implement a five-minute temporary trading…

Ethereum (ETH) has come under pressure this week, dropping to under $3,200 during yesterday’s market-wide sell-off. The asset is down over 6% in the last 24 hours and more than 17% in the past seven days, based on data from CoinGecko. After a strong run earlier this year, the latest move brings ETH back to key technical levels. ETH/BTC Drops into Accumulation Zone The ETH/BTC chart shows the pair returning to an area marked by past buying. Analyst Michaël van de Poppe pointed out that the price has pulled back more than expected, but still sits in a zone where…

The Trump administration is preparing to launch a new trade investigation into China’s failure to comply with the terms of a 2020 trade agreement. According to sources familiar with the matter, this step could increase tensions between the US and China and pave the way for new customs duties. As relations between the world’s two largest economies have become increasingly strained in recent weeks, the move is seen as an attempt by the US to strengthen its position ahead of a planned meeting between President Donald Trump and Chinese President Xi Jinping as part of an international meeting in South…

Cryptocurrency advocacy organization Coin Center has weighed in on the ongoing criminal trial of two brothers who allegedly exploited the Ethereum blockchain using maximal extractable value (MEV) bots. In a Monday amicus curiae brief — a document filed by an entity that is not a party to the case — Coin Center argued against one of the prosecutors’ key case theories involving Anton and James Peraire-Bueno. The two individuals are allegedly responsible for a $25 million MEV exploit in April 2023. According to Coin Center, the US government’s claims of “honest validation” lack merit and should be rejected by the…

An entity has leveraged a TWAP strategy to amass nearly $7 million worth of XRP across thousands of buy orders on Coinbase. Market analyst and order book expert Dom first called attention to this interesting market behavior in a recent post on X. Notably, XRP purchases worth millions typically dominate exchanges on occasion, triggering no suspicions, but the recent buy orders caught the attention of market observers due to the manner of execution. Entity Purchases Nearly $7M in XRP Using TWAP Specifically, Dom confirmed that a trader had turned on some sort of Time-Weighted Average Price (TWAP) trading algorithm for…