Author: NBTC

The crypto industry has long been hyped for its transparency and ability to disrupt traditional financial systems. However, a new investigation, The Coin Laundry, exposes how some of the world’s biggest crypto platforms have been linked to illicit activities, leaving victims with few options for recovery. Tracking the Flow of Illicit Funds Across Borders The Coin Laundry investigation involved a collaboration between the International Consortium of Investigative Journalists (ICIJ) and 37 media partners across 35 countries. Over a period of 10 months, the team gathered hundreds of cryptocurrency wallet addresses linked to criminal activity. These addresses, related to bank account…

Key Takeaways Over $19 billion in leveraged crypto positions were liquidated in 24 hours, marking the largest single-day wipeout in digital asset history. Bitcoin and Ethereum long positions were hardest hit, with over 1.6 million traders affected across major exchanges. Roughly $19 billion in leveraged crypto positions were liquidated following a brutal sell-off that sent Bitcoin tumbling to $102,000. It was the largest single-day wipeout ever recorded in digital asset markets, according to CoinGlass data. Most of the liquidations came from long positions, which totaled $16.6 billion in losses, compared to $2.4 billion for shorts. Over 1.6 million crypto traders…

The Brazilian Federal Revenue Service has revised the rules for tax declarations on crypto assets. The new rules require foreign exchanges to report transactions to the agency and mandate that DeFi operations be disclosed. New Brazilian Tax Rules Target Foreign Exchanges, DeFi Activities The Facts The Brazilian Tax Agency (Receita Federal) has published new rules that introduce additional requirements for both companies and individuals, aiming to tighten tax collection from evaders. The new rules establish that all exchanges, both foreign and local, have to report the cryptocurrency operations of their Brazilian customers to the agency. In the same way, individuals…

Total crypto VC funding hit $8 billion in Q3 2025, powered not by hype but by policy stability. The Trump administration’s pro-crypto stance and tokenization’s rise turned regulation from a headwind into alpha. For investors, the shift signals predictable frameworks, institutional exits, and a market no longer ruled by speculation — a structural reset that makes compliance a source of performance. Why Policy Became the Catalyst Why ImportantCryptoRank data show US-based funds drove one-third of crypto VC activity in Q3. Federal clarity on stablecoins, taxation, and compliance drew institutions back, producing the strongest quarter since 2021. The figures confirm that…

A UK-led operation targeting Russian sanctions evasion has now made 128 arrests and seized $32.6 million in crypto and cash, according to a new update from the National Crime Agency. First publicized in 2024, Operation Destabilise had made 84 arrests and seized $25.5 million as of last December, yet the NCA’s update reveals that it has arrested an additional 45 suspected money launderers and seized over $6.6 million in cash. Operation Destabilise: the NCA has exposed a billion-dollar money laundering network that purchased a bank to fund the Russian war effort. Read the full story ➡️ https://t.co/NPTvJtgjgE@metpoliceUK @gardainfo pic.twitter.com/90vYyMLqou —…

Donald Trump announced that he would impose an additional 100% tariff on Chinese products starting Nov. 1, in strong retaliation against China’s decision to restrict exports of rare earth materials essential for high-tech manufacturing. Markets reacted sharply to the announcement, with the S&P 500 index falling 2.7% from the previous day. The news triggered widespread volatility across global equities, leading crypto-related stocks to post steep declines as investor risk appetite weakened. Crypto Stocks Lead Double-Digit Market Sell-Off The renewed trade tensions between the US and China sparked a broad market sell-off that directly hit crypto-related stocks. As of Friday’s market…

August turned into a landmark month for Ripple and the XRP ecosystem after the U.S. Securities and Exchange Commission formally ended its multi-year case accusing Ripple Labs of offering unregistered securities. The lawsuit, originally filed in December 2020 near the end of President Donald Trump’s first term, targeted Ripple’s sales of XRP and set off one of the most polarizing legal battles in the digital asset industry. In a recent interview with Thinking Crypto, SEC Commissioner Hester Peirce shed rare light on why the case was brought in the first place and why she herself never supported it. Why Was…

Following a comprehensive interview process, US Treasury Secretary Scott Bessent has narrowed down his shortlist of candidates for the Fed Chair position from 11 to five. The final candidate is expected to be announced in January, but it has been reported that this candidate may not take over immediately. According to senior Treasury officials, the five finalists include current Fed officials Michelle Bowman, Vice Chair for Supervision, and Board Member Christopher Waller. The other candidates announced are National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh, and BlackRock Chief Investment Officer Rick Rieder. The Treasury Department plans to…

Khurram Dara, a former policy lawyer at cryptocurrency exchange Coinbase, officially launched his campaign for New York State Attorney General. In a Friday notice, Dara cited his “regulatory and policy experience, particularly in the crypto and fintech space” among his reasons to try to unseat Attorney General Letitia James in 2026. The former Coinbase lawyer had been hinting since August at potential plans to run for office, claiming that James had engaged in “lawfare” against the crypto industry in New York. Source: Khurram Dara Until July, Dara was the regulatory and policy principal at Bain Capital Crypto, the digital asset…

USDC is cementing its role at the heart of regulated digital finance, with surging adoption, institutional backing, and unmatched liquidity fueling its rise as a global standard. Circle’s USDC Emerges as Cornerstone of Regulated Digital Currency Framework Growing institutional demand for regulated digital currencies continues to redefine the global financial landscape. The digital payments firm Circle (NYSE: CRCL) shared in a blog post on Oct. 9 that its U.S. dollar-backed stablecoin, USDC, forms the foundation of the GENIUS Act framework, solidifying its reputation as one of the most liquid and compliant stablecoins worldwide. Emphasizing that its regulated infrastructure and banking…