Author: NBTC

Circle stock remains in a deep bear market this month. The stock has crashed amid valuation and interest rate cut concerns. Tether is raising capital at a $500 billion valuation. Circle stock price remains under pressure this month as investors assess the impact of the Federal Reserve’s interest rate cuts that will impact its revenue. It has plunged by 56% from its highest point this year. So, what next for CRCL as Tether’s valuation surges to $500 billion? Tether valuation to hit $500 billion The Circle stock price will be in the spotlight on Wednesday as investors assess its valuation.…

Attorney John E. Deaton has urged authorities and political leaders to reject any effort to pardon or commute the sentence of Sam Bankman-Fried, the former FTX chief convicted of arranging one of the largest financial frauds in U.S. history. In a statement shared on X, Deaton described Bankman-Fried as “the Bernie Madoff of crypto” and called on Pam Bondi to reopen investigations into alleged campaign finance violations. He also accused Bankman-Fried’s parents, Joe Bankman and Barbara Fried, of participating in the fraudulent operations, citing their reported involvement in shell companies, political fundraising, and property acquisitions tied to FTX funds. Let…

A feud between Fetch.ai CEO Humayun Sheikh and the Ocean Protocol Foundation has escalated into legal threats, onchain accusations, and a reaction from Binance, all centering on about 286 million Fetch.ai (FET) tokens worth roughly $84 million. The conflict stems from the Artificial Superintelligence (ASI) Alliance, a 2024 merger that combined AI-focused crypto projects Fetch.ai, Ocean Protocol and SingularityNET under a shared token framework. On Wednesday, Sheikh alleged that Ocean Protocol minted and transferred millions of OCEAN tokens before the merger. He said the project later converted them into FET and moved large sums to centralized exchanges and market-making firms…

Delysium, a prominent Web3 + AI project developing a blockchain AI agent ecosystem, has partnered with University College London (UCL). In this respect, Delysium is collaborating with the Software Systems Engineering Team of University College London and Dr. He Ye from its Department of Computer Science. As per Delysium’s official social media announcement, this development is set to redefine standards for AI coding by leveraging GPT-5. Hence, the initiative is poised to substantially decrease LLM operational charges and enhance coding advancement across the globe. Delysium is proud to announce an official partnership with the @ucl Software Systems Engineering Team and…

Ethereum continues to trade within a tight range following its recent pullback from the $4,760 high. The asset now hovers near $4,000 as traders assess the next directional move. Despite short-term weakness, growing institutional activity suggests confidence in Ethereum’s long-term strength. The market shows signs of balance between accumulation and caution, hinting at a potential surge in volatility. Price Holds Key Fibonacci Support Zone Ethereum’s four-hour chart reflects a consolidation phase after a sharp correction. The price currently trades around $4,004, close to the 23.6% Fibonacci level at $3,910, which acts as near-term support. A breakdown below this point could…

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine the rising adoption process of stablecoins in Bolivia and how the government should embrace them for cross-border settlements. Latam Insights Encore: Bolivia’s Stablecoin Adoption Will Keep Growing – The Government Should Partake Bolivia, a nation that was once barred from crypto, is now making headlines as its adoption levels skyrocket. Stablecoins, tokens whose value is pegged to the U.S. dollar, have taken the country by storm, allowing its citizens to use them as a…

Deren Akyeam-Pong pleaded guilty to kidnapping and torturing Ontario’s self-proclaimed “Crypto King,” Aiden Pleterski, in a violent abduction in December 2022. Last week, Deren Akyeam-Pong admitted in court that he and others kidnapped Pleterski in Toronto and held him captive between Dec. 5 and Dec. 8, 2022. This is the time when a video circulated on the internet of a beaten Pleterski apologizing to investors, who lost a total of $40 million. According to reports, Deren Akyeam-Pong admitted to nine charges, including kidnapping, aggravated assault, assault with a weapon, discharge of a firearm, possession of a restricted firearm, unlawful possession…

Blockchain gaming projects have struggled to attract funding this year compared to 2024, but analysts argue there’s a sliver of hope as studios release new games aimed at tapping into the mainstream gaming audience. In Q3, the blockchain gaming industry saw $129 million of venture capital flow in, its strongest quarter this year, bringing the total for the year so far to $293 million. However, the total is only a fraction compared to last year. In 2024, DappRadar recorded over $1.8 billion flowing into the blockchain gaming industry, and 2025 is so far on track to only attract 25% of…

Dubai’s Department of Finance (DoF) has successfully tested the settlement of crypto payments to fiat AED currency or AED stablecoins for its governmental service fees. The testing was done in collaboration with the Dubai Land Department (DLD) through its Dubai Pay platform managed by Digital Dubai Authority and Emirates NBD Bank. The aim was to validate the operational and technical efficiency of the systems to ensure the highest levels of security once officially adopted in the future. Crypto.com, registered in the UAE as Foris Dax Middle East, which recently received an In-Principle Approval (IPA) from the Central Bank of the…

The Open Network (TON) announced on Thursday, 16th October that it has listed on Bitstamp by Robinhood, world’s longest-running crypto exchange. A popular layer-1 blockchain network, TON continues to grow its network, catering to an ever-growing pool of global users. This is a significant milestone for the network, in its efforts of transforming into Web 3 financial infrastructure. For the network, it is also a sign of a greater institutional confidence in the Telegram-integrated blockchain system. A Strategic Partnership for Worldwide Growth Bitstamp is one of the industry’s most trusted exchanges, with over 14 years of operational expertise and more…