Author: NBTC

Crypto exchange Kraken said Tuesday it will donate $2 million to a pro-Trump crypto group as the platform mobilizes in “a fight for the core rights of individuals in a digital age.” Kraken co-CEO Arjun Sethi announced a $1 million donation to the Freedom Fund PAC and said the company would also raise its 2025 commitment to the pro-Trump group America First Digital to $1 million. “The fight for crypto in the United States is far from over,” Sethi tweeted Tuesday. He warned crypto’s foundational principles face threats from “regulatory uncertainty,” “enforcement by headline,” “attempts to criminalize infrastructure,” and “bans…

On Sep. 23, Bitcoin’s hashrate set a new all-time high of 1,073 EH/s. Over the last month, raw compute rose about 21%. Over the last quarter, roughly 70%. Over the last year, the curve went vertical, up around 675%. Hashrate used to be a chart for miners and protocol nerds. Now it reads like a capital expenditure scoreboard for an industry you can trade. Let’s answer the basic question quickly: What is hashrate, and why should anyone outside a mining warehouse care? Hashrate is the total computational effort pointed at Bitcoin’s proof-of-work: i.e., how hard it would be to outvote…

Sergey Nazarov explains how Chainlink standards reduce transaction complexity Modern blockchain transactions span multiple chains and rely on data, identity, compliance, and AI Chainlink powers over 70% of DeFi and is also being adopted in trad-fi Chainlink co-founder Sergey Nazarov recently explained how standards are the foundation of all blockchain and DeFi transactions. By creating a unified framework, Chainlink’s goal is to reduce complexity, improve reliability, and connect DeFi with the broader financial system. Read on to see how these standards are transforming the future of finance. How Blockchain Transactions Have Evolved Nazarov starts off by noting that whether it…

It’s been a busy week, and ethereum ( ETH) sits near $4,470 per coin after a 5.3% weekly slip, but leverage and hedging are humming. Ethereum’s Week: Price Down, Leverage Steady, Dealers Busy Exchange-tracked ethereum ( ETH) futures open interest (OI) stands around $64.57 billion (14.43 million ETH) per Coinglass, climbing through September as price chopped. Binance leads with about $12.26 billion in OI (18.98% share), while CME has $9.63 billion (14.91%), a reminder that the TradFi desk is still in the arena. OKX sits near $4.12 billion (6.37%), with Bybit and Gate both around the mid-$5 billion range. Momentum…

The world of finance is rapidly evolving, with digital assets taking center stage. In a significant move highlighting this shift, AM Management, a leading provider of artificial intelligence-based quantitative solutions, recently announced a pivotal investment from Woori Financial Group’s Dino Lab Fund. This strategic backing underscores the growing confidence of traditional financial institutions in advanced digital asset management technologies and their potential to revolutionize the financial landscape. Why is Woori Financial’s Investment in Digital Asset Management So Significant? This undisclosed investment from Woori Financial Group isn’t just a financial transaction; it’s a powerful validation. Coming from one of South Korea’s…

Brazil’s central bank (BCB) is moving to tighten oversight of the foreign exchange market with a new set of proposed rules. While the framework is primarily aimed at electronic forex platforms (eFX), the ripple effects could reach far beyond traditional finance—potentially reshaping how cryptocurrency exchanges operate in Brazil. New Oversight Rules for Brazil’s Forex Market In its newly released consultation paper, the Central Bank of Brazil outlined plans to bring electronic forex trading platforms under stricter regulation. The proposals would require both existing and new eFX operators to apply for official permits to continue offering services. Key requirements include: Licensing:…

Base, the Coinbase-backed EVM chain pitched as Ethereum’s own layer 2, has just received its strongest endorsement yet, straight from Vitalik Buterin. In a rare social media shoutout, Vitalik declared Base the right way to scale, offering a faster user experience through centralized sequencing while remaining connected to Ethereum’s security layer, meaning that funds cannot be stolen or frozen. Vitalik explained that Base does not hold custody, withdrawals are guaranteed by the Ethereum mainnet code and the L2Beat stage 1 tag means that users are truly protected against rug pulls, rather than it being just marketing talk. He also dismissed…

Ethereum price pulled back on Saturday, Sep. 20, as the recent bullish momentum stalled. Still, a forming bullish pennant pattern and growing ETH ETF inflows point to a rebound to $5,000. Summary Despite a temporary slowdown in price movement, Ethereum’s position in the market continues to strengthen. With cumulative ETF inflows now surpassing $13.9 billion, institutional investors are increasingly viewing ETH as a highly liquid alternative asset. The surge in Ethereum stablecoin supply, combined with Ethereum’s dominant role in decentralized finance (DeFi) and its growing total value locked (TVL) of $207 billion, points to a potentially bullish breakout. Ethereum has…

Robinhood Markets (NASDAQ: HOOD) CEO Vlad Tenev built a $90 billion financial empire, but wealth was never the driving force behind his mission to upend traditional Wall Street gatekeepers. “When I started the company, I was worth nothing,” Tenev said during a Bloomberg Wealth interview. “But things haven’t changed very much for me, as it might be a little bit surprising because I was never really doing it for the money.” The Bulgarian immigrant’s journey from aspiring mathematician to fintech disruptor reveals how Silicon Valley’s “get customers first, monetize later” playbook transformed an entire industry. Today, Robinhood operates nine separate…

The world of cryptocurrency is constantly evolving, bringing with it new legal precedents and clarifications. A recent landmark decision by a South Korean court has provided crucial insight into the distinct challenges involved in DEX CEX listing. This ruling formally recognizes the significant difference in difficulty between getting a token listed on a decentralized exchange (DEX) versus a centralized exchange (CEX), a distinction that could profoundly impact how projects approach their market entry and contractual agreements. Why is DEX CEX Listing So Different? Understanding the Core Divide Understanding the court’s perspective requires a closer look at the fundamental operational models…