Author: NBTC
U.S. Representatives Zach Nunn (R-Iowa) and Jim Himes (D-Conn.) reintroduced a bill to help combat illicit finance and terrorist financing on digital asset platforms after the previous version passed the House of Representatives last year failed to make progress in the Senate before the end of the congressional session. The Financial Technology Protection Act (FTPA) introduced on Thursday would set up an interagency working group, also including crypto industry insiders, to scrutinize activity related to terrorism and digital assets. An earlier version of the bill was cleared in a routine vote by the House in July. “Digital assets are an…
The decentralized AI blockchain, Matchain has joined forces with independent cloud provider Aethir to make AI and blockchain frameworks more accessible to users. Matchain collaborates to unite its identity solutions based on AI with Aethir’s GPU processing abilities which support scalable Web3 innovation. Matchain’s AI with Aetheir’s Cloud Computing to Boost Web3 Development Matchain functions as a system that protects DID data management along with user profiling capabilities through advanced artificial intelligence technology. The integration between Matchain and Aethir’s decentralized GPU cloud makes it possible for the platform to provide enterprises with the necessary computational power for deploying AI-driven blockchain…
El Salvador is still Bitcoin country, despite the fact that bitcoin is no longer legal tender in the country — at least from where I’m sitting. Let’s start with some background on the matter. On January 29, 2025, the Legislative Assembly in El Salvador voted to remove bitcoin’s status as legal tender. This means that businesses in the country no longer have to accept bitcoin (not that this rule was ever strictly enforced while bitcoin was classified as legal currency, as far as I know; however, I have been told that big businesses that operate in the country (e.g., McDonalds,…
Cryptocurrency analytics firm Santiment has identified the most-discussed topics on X (formerly Twitter) among crypto enthusiasts. The latest trends range from airdrops and celebrity-backed speculation to regulatory scrutiny and blockchain innovation. The Berachain project has grown in popularity largely due to promotional campaigns involving the distribution of BERA tokens. Many users have linked their wallets to benefit from the airdrop, while Berachain’s listing on major exchanges has further fueled speculation. Controversy surrounding USAID (United States Agency for International Development) has intensified following allegations of misuse of taxpayer money. Critics at X have raised concerns about funding scandals, mismanagement and the…
Avraham “Avi” Eisenberg and his lawyers are seeking leniency in a recently filed sentencing memorandum related to his child pornography and cryptocurrency market manipulation charges. Eisenberg famously manipulated the Mango Markets DAO by entering into a series of transactions that allowed him to appropriate large quantities of assets. After the Federal Bureau of Investigations received a search warrant for Eisenberg’s phone, they identified child pornography on the device. Read more: Crypto felons SBF and Avi Eisenberg reunited in infamous NY prison The sentencing memorandum notes that Eisenberg states that he will not “break any more laws.” Additionally, it notes that…
The U.S. state of Wyoming has identified nine candidate blockchains to host its upcoming stablecoin, dubbed WYST. The state has selected Layerzero, an omnichain interoperability protocol, as the top-ranked vendor for smart contract development. Wyoming Eyes Multiple Blockchains for Upcoming Stablecoin Launch The U.S. state of Wyoming has identified nine candidate blockchains as potential hosts for its soon-to-be-launched stablecoin. According to Anthony Apollo, executive director of the Wyoming Stable Token Commission, LayerZero, an omnichain interoperability protocol, emerged as the top-ranked vendor for smart contract development during a procurement process. This selection of LayerZero, Apollo said, allows Wyoming to launch on…
Robert Kiyosaki, venture investor, entrepreneur, also widely known as the author of the book on finance literacy “Rich Dad Poor Dad”, has addressed his followers on the X platform to talk to them about Bitcoin. He made the tweet in the form of a short “question and answer” session, sharing a question that he often gets asked and then answered it, revealing an important thing about Bitcoin and his take on it. Kiyosaki slams US dollar over Bitcoin Financial guru Kiyosaki explained why he has, apparently, not long ago, bought more Bitcoin and another safe-haven asset – gold. He reckons…
On-chain data analytics platform Lookonchain recently spotted a huge transaction from a top Pepe whale. On Friday, this large investor tagged Nascent sold 175 billion PEPE, valued at about $1.5 million. The transaction occurred when PEPE shed a zero, attempting to recover from persistent price drops. PEPE whales remain resolute Lookonchain explained in an X post that Nascent remains a persistent PEPE whale, conducting regular purchases and sales. Notably, Nascent bought 608.85 billion PEPE worth $7.73 million between June 6 and July 15, 2024. Subsequently, Nascent began selling its PEPE holdings when the price skyrocketed Nov. 13, 2024. The investor,…
In a potential sign of brewing tensions regarding key language in multiple stablecoin bills circulating in Congress, House Majority Whip Tom Emmer (R-MN) said this week he doesn’t believe stablecoin issuers like Tether should have to comply with the anti-money laundering Bank Secrecy Act—a major sticking point of both the Senate’s stablecoin-focused GENIUS Act, and the House’s parallel STABLE Act. Including such a provision in the legislation would unfairly box out foreign issuers, Emmer argues. The lawmaker believes stablecoin issuers, regardless of jurisdiction, should not be subject to the stringent anti-money laundering rules under the Bank Secrecy Act. “The protections…
USDC stablecoin continues to play an important role in the financial landscape. It recently experienced consistent growth, enabling multiple users to settle payments and token transfers. While active USDC addresses have been on the rise, users are using various blockchains to interact with the stablecoin and access other financial products. Today, crypto analyst CryptoRank.io shared data that ranked top blockchains that recorded the highest numbers of active USDC addresses over the past month. These are platforms that drive USDC user engagement. Polygon is the go-to chain for USDC transfersActive unique $USDC addresses on @0xPolygon reached 2.7M in the last 30…