Author: NBTC

Key Highlights: WazirX CEO Nischal Shetty comes forward for an interview for the first time since the hack. WazirX users have received 85% of their portfolio value, calculated by value at rebalancing date. A cost fund was created from the remaining exchange assets. Legal and operational expenses were covered from the cost fund. WazirX, a well-known Indian cryptocurrency exchange, suffered a $234 million hack back in July 2024 that shocked the Indian crypto community. The exchange maintained internal transparency through announcements on X, but the CEO and leadership team did not make any public appearances to answer any questions directly.…

Ethereum has achieved a historic milestone, processing 24,192 transactions per second, the highest ever recorded for the network. The data, compiled by analytics platform Growthepie, attributes this record to the inclusion of Lighter. The protocol is a Layer 2 solution that recently joined Ethereum’s scaling ecosystem. Lighter alone is processing about 4,000 TPS, far outpacing Base Chain, which typically handles between 100 and 200 TPS. Consequently, the surge highlights the influence of Layer 2 platforms. In particular, these solutions extend Ethereum’s scalability, achieving performance levels the base layer alone could not reach. Waidmann noted that “blobs are scaling L2s at…

Ripple President Monica Long announced hosting top U.K. official, Lucy Rigby, at the firm’s Singapore office to discuss digital assets. The meeting is tied to broader U.K. efforts to expand its digital footprint worldwide; however, it is stirring more speculations in the community. U.K. giving crypto a chance with Ripple Long posted a picture with Lucy Rigby, the U.K.’s Economic Secretary to the Treasury, at the Ripple Singapore office. As the U.K.’s Economic Secretary to the Treasury, her role involves overseeing economic policy and financial regulation, among others. Her responsibilities include modernizing financial services, promoting growth and addressing emerging technologies…

Rising demand for physical crypto access accelerates as Royal Farms integrates Bitstop’s multi-asset kiosks across its 310 stores, advancing digital engagement and setting the stage for broader consumer participation through an expanding retail crypto infrastructure. Royal Farms Taps Bitstop Partnership to Deliver Multi-Asset Crypto Access Across States Escalating demand for physical crypto access points is prompting major retailers to incorporate multi-asset kiosks into their networks, a shift that could accelerate mainstream adoption as consumer touchpoints multiply. Bitstop announced on Nov. 13 that it would broaden its digital asset infrastructure through Royal Farms’ multistate footprint. The announcement states: Bitstop ATMs are…

Ethereum (ETH) trading volumes remain elevated, with growing activity on Binance. ETH activity is becoming more speculative, as the token provides directional trading and boosts derivative markets. Ethereum is becoming a speculative asset, with a rise in Binance activity and overall growth of derivative markets. Compared to previous cycles for Ether, the effect of derivative volumes is more notable. Previously, ETH spot demand drove the price, directly reflecting the ecosystem’s growth. The token recovered to $3,615.63 after a dip to the $3,000 level. Ether also showed a trend of quickly rebuilding its open interest. After a low of $18B in…

CoreWeave (CRWV) announced its commitment to acquiring artificial intelligence (AI) miner Core Scientific (CORZ) under an all-stock deal that was originally agreed on July 7. In an open letter, CoreWeave called the offer “best and final,” stating that it will not be modified. The company said the merger represents the most secure and value-enhancing path forward, combining immediate premium value with significant long-term upside. CoreWeave argued that if Core Scientific were to proceed independently, it would face substantial capital expenditure requirements and execution risks. The company urged shareholders to vote “FOR” the deal at the October 30 special meeting, emphasizing…

A major crypto whale has made another bold move on Hyperliquid. Adding more than 35,000 SOL while keeping a large leveraged Bitcoin position open. The series of trades, spotted by on-chain trackers on November 15. It shows a clear appetite for risk even as market sentiment remains cautious. JUST IN: Whale deposits $5 million USDC into Hyperliquid and spends $5.04 million to buy 35,335 $SOL at $143 per coin.The whale also holds 20x $BTC long position valued at $29 million with 300 Bitcoin.0x8d0E342E0524392d035Fb37461C6f5813ff59244 pic.twitter.com/PtHhSReRUv — Whale Insider (@WhaleInsider) November 15, 2025 Whale Buys 35,335 SOL After $5M USDC Deposit The…

The Decentralized Finance (DeFi) sector has experienced a sharp contraction since early October, as the total value locked (TVL) dropped over 21%. Coupled with waning institutional interest, the decline has raised concerns about Ethereum’s (ETH) demand and its price trajectory in November. DeFi Protocols Register Double-Digit TVL Losses Data from DeFiLlama showed that the total DeFi TVL reached over $172 billion in early October. This marked its highest level since late 2021. However, this multi-year peak was short-lived. The latest figures indicate that TVL has since fallen to around $136.26 billion in November, erasing more than $36 billion in value.…

IMF Managing Director Kristalina Georgieva has advised that nations should accept the reality of digital money. IMF chief sets a pragmatic crypto stance According to Georgieva, crypto developments are happening at an exponential speed, and nations need to understand the evolution and choose a suitable way to operate. BREAKING: IMF Chief Kristalina Georgieva on crypto regulation:Key points:– Blockchain ≠ crypto, it’s a tech for tokenizing assets & money– Digital fiat, stablecoins & CBDCs are reshaping finance– 97% of stablecoins are USD-backed, risks currency substitution– IMF warns… pic.twitter.com/rmpNBv7CRl — Crypto India (@CryptooIndia) October 17, 2025 Blockchain is not the same as…

A Canadian Court of Appeal ruled in favor of Binance in a case involving the OSC’s document production request which the court deems ‘unconstitutional.’ Summary The Ontario Court of Appeal ruled that the Ontario Securities Commission had overstepped its reach by demanding Binance to give them communication documents dating back to January 2021. The OSC has has previously taken numerous legal actions against crypto firms like Bybit and KuCoin. Such strict regulatory conditions, forced several major exchanges to leave the Canadian market. According to official court documents, the Court of Appeal of Ontario declared that the Ontario Securities Commission overstepped…