Author: NBTC

Ethereum founder Vitalik Buterin has taken a significant step towards supporting blockchain privacy by transferring approximately 693.91 ETH ($1.83 million) and 340,900 USDC to the Railgun protocol, a leading on-chain privacy solution. Ethereum Founder Vitalik Buterin Transfers Over $1.8 Million in ETH and USDC to Privacy Protocol Railgun According to blockchain data, the transfers were made through an intermediary wallet address starting with 0x18…F10E. Buterin, known by his ENS domain name vitalik.eth, has long advocated for user privacy in the Ethereum ecosystem. His latest transaction with Railgun reaffirms this stance. In his past statements, Buterin has argued against the idea…

5 June 2025 — Tether, the largest company in the digital asset industry, today announced a strategic investment in Shiga Digital, a modern platform that offers pan-African access to blockchain-based financial solutions, usable in the real world and easily accessible. Shiga Digital offers virtual accounts, OTC services, treasury management, and foreign exchange (FX) services tailored to African enterprises. This collaboration marks a significant step toward addressing longstanding financial barriers faced by African businesses, particularly in cross-border payments and accessing global liquidity, by enabling a seamless, blockchain-based financial infrastructure powered by USD₮. It will also support treasury and FX management for…

As the regulatory environment becomes more favorable, DeFi protocols and companies are getting more comfortable with driving direct value to their tokens, but while many protocols are engaging in token buybacks, lending protocol Morpho is taking a slightly different approach. Morpho CEO and co-founder Paul Frambot published an article on Friday, revealing that Morpho Labs is set to become a wholly owned subsidiary of the Morpho Association, ultimately owned by MORPHO token holders. Unlike the popular token buyback business model employed by protocols like Hyperliquid or Sky/Maker, Morpho will reinvest protocol fees directly into the product itself. Frambot claims that…

The legal dispute between Coinbase, a major U.S.-based crypto exchange, and the Oregon attorney general might move to a federal court. This signal comes as Paul Grewal, Coinbase’s Chief Legal Officer (CLO), argues that the lawsuit involves interpreting a federal term — “investment contract.” Coinbase demands federal oversight in legal standoff For context, Dan Rayfield, Oregon’s attorney general, has filed a complaint against the crypto exchange, claiming it sold unregistered securities to U.S. residents. According to Grewal, the state-level lawsuit impacts several assets, including Cardano, XRP, Solana and many more. In an update shared with the community on X, Grewal…

The world of cryptocurrency is constantly evolving, marked by strategic moves that reshape market landscapes. A significant development recently unfolded concerning the acquisition of a key player in the Japanese market. Sinohope Technology, a Hong Kong-listed company with affiliations to the global exchange HTX, has successfully completed a notable crypto acquisition. Sinohope Technology’s Strategic Move On May 29, as reported via HKEXnews, Sinohope Technology finalized its previously announced acquisition of the Japanese crypto exchange BitTrade. This move is more than just a corporate transaction; it represents a strategic entry or expansion into a highly regulated and potentially lucrative market. For…

CDARI, a Web3 e-commerce platform, and Aylab, a Web3 marketing platform, today announced their strategic partnership to redefine user acquisition in the Web3 landscape. This strategic alliance uses Aylab’s advanced programmatic advertising infrastructure, operated by the Aylab Traffic Loop (ATL) token, to enable Web3 platforms to expand growth effectively. CDARI is a Web3 e-commerce platform running on top of Matchain, an AI-driven layer-2 network on the BNB Chain. Its mission is to transform e-commerce using emerging technologies like blockchain technology, AI, and others. On the other hand, Aylab is a Web3 advertising platform designed to drive on-chain growth for Web3…

Analysts at the asset management giant Bernstein have reiterated their price forecast for Bitcoin in 2025. Notably, Bernstein has consistently maintained $200,000 as Bitcoin’s peak for this season. The $800 billion firm attributes the prediction to the growing use of blockchain technology and financial innovations tied to public blockchain networks. The analysts, led by Gautam Chhugani, also emphasized Ethereum’s key role in shaping blockchain-driven financial applications. Bitcoin Institutional Adoption and Forecast Notably, Bitcoin’s institutionalization continues to drive its price outlook. The successful launch of Bitcoin spot ETFs, which now manage over $120 billion in assets, has been a milestone for…

Shares of Tesla sank 14% on Thursday, after President Donald Trump told reporters he was considering canceling federal contracts tied to Elon Musk’s companies. The drop pushed Tesla’s value to $916 billion, stripping it of its $1 trillion status and capping off a brutal week that has already seen shares fall nearly 18%. Trump said the final straw was Elon’s anger over his administration’s decision to remove EV credits from the new spending bill. Speaking from the Oval Office, Trump said, “Elon and I had a great relationship. I don’t know if we will anymore. I was surprised.” But the…

Ripple’s stablecoin RLUSD expanded its circulating supply by 29% in the week ended June 8, adding $72.5 million and closing at $320.6 million. The movement marks the first time the token’s float crossed the $300 million threshold. Additionally, it represents a sixfold increase since the launch of RLUSD on Dec. 17, 2024. Data from Artemis shows the additional issuance coincided with a 38% increase in weekly transfer volume, which climbed to $648.1 million from $469.7 million seven days earlier. It is close to the weekly transfer volume peak registered between April 21 and 27, when users moved $741 million using…

India’s upcoming crypto discussion paper marks a key step toward regulating digital assets for over 1.4 billion potential users. Global trends and Bitcoin’s evolving role are shaping India’s approach, with policymakers watching international models before finalizing local policy. Mirroring the 2024 India discussion on broad framework for crypto regulation, Crypto News Flash (CNF) particularly highlights that 1.4 billion people could adopt. According to current updates, India is preparing to release a pivotal crypto discussion paper in June 2025, marking a potential turning point for its digital asset policy. The paper, backed by insights from the IMF and Financial Stability Board,…