Author: NBTC
The U.K. is gearing up for tougher crypto regulations, with just over a year left for the industry to prepare, revealed a senior official from the country’s financial regulator. New Authorization Process For Crypto Companies Matthew Long, director of payments and digital assets at the U.K.’s Financial Conduct Authority (FCA), shared in an interview with CoinDesk that the “gateway regime” set for 2026 will introduce a new authorization process for crypto companies. “We will have a gateway which will allow authorization. But obviously we’ve got to go through those consultations, create those rules and get the legislation for that to…
It’s not every day that a cryptocurrency exchange sees over 174 billion Shiba Inu (SHIB) tokens — about $2.2 million at current prices — withdrawn from its hot wallet, and yet, that’s exactly what happened on Coinbase over the past four days. The recipient? It was a totally inactive wallet, “0x38A8,” with zero transaction history. The transfers did not happen all at once. There were three separate transactions, each moving a big chunk of SHIB out of Coinbase. The last and biggest chunk, 79.385 billion SHIB, happened just 18 hours ago. Movements like these make people wonder what’s going on.…
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: GameStop makes a big splash with its Bitcoin announcement, then fumbles with a debt offering; BTC miners are in for a world of hurt as fees shrink; and Robinhood gets a New Jersey slap on the wrist for its prediction market debut. GameStop presses play on Bitcoin There was a lot of excitement for GameStop’s Q4 earnings report because it was heavily hinted—and then confirmed—that the company was going to start buying Bitcoin. (There’s a rapidly growing list of publicly traded companies…
He pumped and dumped Solana meme coins today for $68K in profit. Welcome to the trenches, Mr. Dave Portnoy. The Barstool Sports founder today took to X (formerly Twitter) to reveal to the world that he’s learned how to trade shitcoins, and doxxed his Solana wallet to the public in the process. “Uh oh. Davey learned how to trade shitcoin and is already up a billion percent on my 1st one!!!!!!,” he posted alongside a screenshot of a Phantom wallet with 2.68 million MONTOYA tokens—a meme coin based on the “Montoya, por favor” phrase from a “Love Island”-like Spanish reality…
Michael Novogratz’s Galaxy Digital will pay $200 million over allegations it promoted LUNA while selling millions of tokens at a profit before the token’s collapse. Galaxy Digital, a crypto investment firm founded by Michael Novogratz, has agreed to a $200 million settlement with the New York Attorney General’s office over allegations it promoted the algorithmic cryptocurrency LUNA (LUNA) while quietly selling millions of tokens at a profit. The firm did not admit or deny the allegations. The settlement, outlined in a filing from the NYAG, claims Galaxy bought LUNA in 2020. At the same time, it promoted and sold its…
Hyperliquid, the decentralized perpetuals trading platform, has introduced a significant update to its blockchain infrastructure. The upgrade introduces fully on-chain validation for asset delisting. This follows after a $6 million exploit, where a whale forced a short squeeze of the JELLY memecoin, which led to the exchange delisting the memecoin. Hyperliquid introduces fully on-chain validation before asset delisting In a post on X, Hyperliquid revealed that it has upgraded its blockchain, introducing fully on-chain validator voting for asset delisting. This development enables a quorum of validator stakes to autonomously trigger asset removals directly on-chain without the need for off-chain coordination.…
Crypto funding is on track to finish a highly active Q1, with up to $7.3 billion in funding rounds. According to Messari, 550 deals were wrapped up in the past quarter. Crypto funding accelerated in March, expanding funding to $7.3B for Q1, 2025. Crypto funding usually follows the expansion stages of a bull market. This time, major assets remained subdued, but VC deals continued. According to Messari’s data, crypto funding closed $154M in funding for just the past week, while the entire quarter was on track to surpass the previous slow months. Despite the shift in focus on meme tokens,…
Dan Gambardello, a well-known Cardano bull and crypto analyst, has uncovered a surprising connection between Cardano and Paul Atkins, the incoming SEC Chair. Atkins, who reportedly holds up to $6 million in crypto assets (excluding Bitcoin), is currently undergoing the Senate Banking Committee’s screening process. Industry commentators believe his leadership at the SEC could significantly redirect the current state of crypto regulation. In his latest video, Gambardello highlights how the former SEC Commissioner’s past involvement with Cardano could influence the future of the blockchain and crypto industry. Paul Atkins’ Link to Cardano Gambardello pointed out that Atkins, the nominee to…
In this era of exciting collaborations, Venkate Exchange has announced its strategic alliance with Broken Bound. Combining the secure and credible trading platform of Venkate with Broken Bound’s provision of secure liquidity for meme coins, this synergy aims to enhance multi-chain DeFi. To celebrate this collaboration, these platforms have also announced a giveaway. This collaboration has been announced by both platforms on their official X accounts. 🚀 Big News! Broken Bound x Venkate Partnership!🤝 Broken Bound and Venkate are joining forces to enhance multi-chain DeFi, boosting liquidity and seamless asset transfers across BTC, Ethereum, and BNB! 🔥 To celebrate, we’re…
The average stablecoin liquidity per token declined from $1.8 million in 2021 to just $5,500 in March 2025, a 99.7% drop, forcing protocols to demonstrate sound reasons for investors to hold. According to a recent report by research firm Decentralised, the drop illustrates how rising token issuance, now surpassing 40 million assets, has diluted available capital without a corresponding increase in demand or user retention. The report frames this trend as evidence of a zero-sum dynamic in crypto capital allocation, where the influx of new tokens outpaces the expansion of capital pools, resulting in lower liquidity, weaker communities, and diminished…