Author: NBTC

A decision to rewrite a blockchain’s recent history to make users whole is exposing fault lines over governance, and precedent on Gnosis Chain. In a governance forum post on Dec. 12, Philippe Schommers, Gnosis’s head of infrastructure, said the network would need to undergo a hard fork to return funds frozen during the recent exploit of DeFi protocol Balancer. If everything goes according to plan and validators update their software on time, the hard fork is expected to activate at 16:11 UTC on Dec. 22. Nodes that fail to follow the chain with a majority of stake “will get penalized,”…

Upbit operator Dunamu reported a surge in profitability for the third quarter of the year, posting 239 billion won ($165 million) in net income. The figure marks an increase of more than 300% compared to the same period last year, which stood at $40 million, local news outlet Chosun Biz reported, citing regulatory filings with the Financial Supervisory Service. The filing reportedly showed strong momentum across all key metrics. Consolidated revenue climbed to $266 million, up 35% from the previous quarter, while operating profit rose 54% to $162 million. Net income also jumped 145% quarter-over-quarter from $67 million. The company…

Ethereum liquid staking is in a major shift as the big exchanges are all moving to provide better yield and faster redemptions. Bybit, the world’s second-largest crypto exchange in terms of trading volume, has launched a new campaign which puts mETH as one of the most competitive liquid staking solutions available. The service offers its users a fixed 3% APR, as well as greater liquidity and advanced trading features. Enhanced Yields Through Strategic Partnership From December 16, 2025, to February 15, 2026, Bybit, Mantle and the mETH Protocol are partnering for the mETH Boosted Yield Campaign to offer a limited…

U.S. President Donald Trump made a strong statement this week that has quickly spread across the crypto world. During a recent discussion, he said, “I only care about one thing, will we be number one in crypto.” His comment shows how serious he has become about the United States leading the global digital asset industry. 🇺🇸PRESIDENT TRUMP: “I only care about one thing, will we be number one in CRYPTO.” pic.twitter.com/fj4Ypl4Vgr — Coin Bureau (@coinbureau) November 16, 2025 Trump’s Shift Toward Crypto Support Trump was once openly skeptical about cryptocurrencies. Years ago, he called Bitcoin “dangerous” and said digital assets…

Aave founder and CEO Stani Kulechov has unveiled his decentralized protocol’s “master plan” for 2026, shortly after revealing the US Securities and Exchange Commission has dropped its four-year investigation into the platform. In a post to X on Tuesday, Kulechov said despite 2025 marking the most “successful year” for the platform to date, he still feels that Aave is on “day zero compared to what lies ahead.” Pointing to 2026, the CEO outlined a master plan that places significant focus on scaling the DeFi platform and achieving specific usage metrics, such as $1 billion in real-world asset (RWA) deposits. “As…

Gold investor Peter Schiff called Strategy’s business model, which hatched the biggest Bitcoin (BTC) treasury company in the world, a “fraud” on Sunday and challenged the company’s founder, Michael Saylor, to a debate. Schiff, who is one of crypto and Bitcoin’s harshest critics and a staunch gold advocate, challenged Saylor to a debate at Binance Blockchain Week in Dubai, United Arab Emirates (UAE), in December. In a separate X post, Schiff argued: “MSTR’s business model relies on income-oriented funds buying its ‘high-yield’ preferred shares. But those published yields will never actually be paid. Once fund managers realize this, they’ll dump…

As Bitcoin’s price continues to trend lower, China’s renewed crackdown on domestic mining activity may help explain the sudden downturn. In Xinjiang province, an estimated 400,000 miners were forced to shut down operations and go offline. The abrupt disruption cut off revenue streams, pushing some operators to sell Bitcoin holdings to cover operating costs or finance relocation efforts. Mining Disruptions Add Pressure to Bitcoin’s Decline In a recent social media post, former Canaan chairman Jack Kong said that China’s computing power fell by roughly 100 exahashes per second (EH/s) within 24 hours. He noted that the decline, estimated at around…

Experts have highlighted the risks facing Pakistan’s emerging digital asset industry, citing the absence of clear regulations and consumer protections for investors. Keynote speakers at the Sustainable Development Policy Institute (SDPI) Conference revealed that Pakistan could achieve $300 billion in potential digital asset trading volume. For context, the country’s gross domestic product (GDP) sits at $400 billion, with digital assets offering a raft of economic opportunities for the developing nation. However, Pakistan Banks Association (PBA) President Zafar Masud disclosed that delays in rolling out a comprehensive legal framework will cost the country $25 billion in economic opportunities. Masud, in his…

Federal authorities in Russia are set to expand a full ban on cryptocurrency mining that’s already covering about a dozen of its territories. Miners in another two regions, who only recently shut down their crypto farms for the winter, may soon be completely prohibited from minting digital coins. Russian government to stop mining operations in two Siberian territories The executive power in Moscow intends to impose a year-round ban on crypto mining in southern Buryatia and Transbaikal, where restrictions on the activity are temporary at this point. The plan has been exposed by the Russian press. On Tuesday, Kommersant quoted…

Assemble AI, an AI-powered Web3 intelligence layer, has collaborated with Infiblue World, a Web3-native NFT and SocialFI platform. The partnership is aimed at delivering AI-led intelligence to advance the creator economy within the Web3 ecosystem. As per Assemble AI’s official X announcement, the collaboration promotes community-led ownership, creative expression, and digital identity. Additionally, the development underscores a key move toward improving information accessibility across the rapidly-growing NFT and Web3 sector. Assemble AI 🤝 Infiblue WorldWe’re excited to share the start of a strategic collaboration between Assemble AI and @InfiblueNFT, a Web3-native NFT ecosystem focused on digital identity, creative expression, and…