Author: NBTC

Jack Ma–backed Yunfeng Financial Group, listed in Hong Kong, purchased 10,000 Ethereum worth $44 million, marking a deeper move into digital asset ventures. The company confirmed that the acquisition was funded entirely through its available cash resources. The move comes as part of Yunfeng’s expansion into Web3, digital assets, and artificial intelligence. Ethereum will serve as a strategic reserve asset for the group. Ethereum to Be Treated as Investment Asset In its announcement, Yunfeng clarified that Ethereum will be reported as part of its investment portfolio in official financial reports. The company emphasized that ETH will support tokenization projects and…

Lawmakers in South Korea are secretly stacking Bitcoin, XRP, and even PEPE. Their bets echo a nation where crypto traders now outnumber stock investors. But as the government pushes to revive local markets, politicians’ portfolios tell another story. A new report shows that many South Korean lawmakers are quietly investing in crypto, choosing digital assets over the weak local stock market. Instead of relying on KOSPI, they are building portfolios with Bitcoin, XRP, meme coins like PEPE, and even U.S. tech giants such as Microsoft and Tesla. This shift reflects a bigger trend across the country. Over 16 million South…

The chairman of Nigerian anti-corruption body has issued a stark warning that Nigeria’s financial system is highly vulnerable to large-scale abuse if the country’s cryptocurrency activities remain unregulated. Collaboration for Compliance and Investor Protection Ola Olukoyede, chairperson of the Economic and Financial Crimes Commission (EFCC), described crypto as a powerful “engine of global innovation and wealth creation. However, he warns that it also has the potential “enabler of money laundering, terrorism financing, and fraud.” Olukoyede stressed that the lack of regulation blurs the line between legitimate operators and fraudsters, making the entire ecosystem susceptible to exploitation. “Crypto is the new…

Taipei — The Kaia DLT Foundation (Kaia) and Taiwan Mobile, one of Taiwan’s leading telecommunications providers, have signed a memorandum of understanding (MOU) to expand the country’s Web3 ecosystem. The partnership combines Taiwan Mobile’s strong local presence with Kaia’s advanced blockchain technology, aiming to lower barriers to entry, foster regulatory-compliant DeFi infrastructure, and accelerate adoption of hybrid digital-asset solutions.—Building Taiwan’s Web3 CommunityThe collaboration will focus first on strengthening Taiwan’s Web3 developer and user community. Both parties will encourage the creation of innovative decentralized applications (Dapps) by enhancing local infrastructure, including potential projects such as stablecoin DEXs and yield-generating protocols.Another key…

Blazpay, a prominent decentralized finance (DeFi) entity, has unveiled its landmark collaboration with Euler AI, a major DeFi lending protocol on Ethereum. This partnership aims to build a new era of autonomous finance for seamless utility, smarter DeFi strategies, and advanced user experiences with multi-agent intelligence. We’re thrilled to partner with @Euler_AI — the AI Base Layer powering real-time multi-agent systems and enabling self-evolving intelligence. 🤝With Blazpay x Euler AI, we’re unlocking a new era of autonomous finance — where AI agents drive smarter DeFi strategies, seamless… pic.twitter.com/frMh01Hh65 — Blazpay (@blazpaylabs) September 10, 2025 Blazpay and Euler AI platforms are…

Shrinking exchange balances on Binance suggest Ethereum holders are pulling coins off the market, a move that could tighten supply and set the stage for next rally. Summary Ethereum price is at $4,330, consolidating just under $4,400 after a late August peak. Binance’s Ethereum supply ratio fell from 0.041 to 0.037, suggesting reduced sell pressure. Ethereum’s chart shows consolidation, with key resistance at $4,480 and support at $4,240 shaping the next move. At the time of writing, Ethereum (ETH) was down 0.9% for the day at $4,330. The asset peaked at $4,946 in late August and has been consolidating just…

Dwayne “The Rock” Johnson, the WWE wrestler-turned-actor, has surpassed former U.S. Vice President Kamala Harris as the leading Democratic contender for the 2028 presidential race on the decentralized betting platform Polymarket. As of now, shares betting “yes” on Johnson’s victory are trading at 7 cents, implying a 7% chance of the multi-millionaire actor winning the nomination. This places him fourth in the race, behind Gavin Newsom, Alexandria Ocasio-Cortez, and Pete Buttigieg. Meanwhile, traders priced in a 5% probability of Harris winning the bid, placing her in the 5th spot alongside Andy Beshear. Traders also see 1% chance of Tim Waltz,…

US Securities and Exchange Commission (SEC) Chair Paul Atkins said that “most crypto tokens are not securities,” while outlining a sweeping plan to integrate crypto activities like trading, lending and staking under a unified regulatory framework. “It is a new day at the SEC,” Atkins said during a keynote address at the Organization for Economic Cooperation and Development (OECD) Roundtable in Paris on Wednesday. “Policy will no longer be set by ad hoc enforcement actions,” he added, contrasting the previous administration’s aggressive crackdown on crypto firms. “We will provide clear, predictable rules of the road so that innovators can thrive…

Doha, Qatar — The Qatar Financial Centre (QFC) has unveiled a groundbreaking proof of concept (POC) through its Digital Asset Lab, designed to bring blockchain-powered innovation into Islamic finance. Developed with a consortium of partners—Hashgraph, AlRayan Bank, and Blade Labs—the initiative demonstrates how advanced digital infrastructure can drive transparency, compliance, and efficiency across Shariah-compliant financial products. (Cover: Yousuf Mohamed Al-Jaida, CEO of QFC)—Blockchain Meets Islamic FinanceThe POC introduces a Digital Receipt System (DRS), a blockchain-based tool that enhances auditability and streamlines processes in asset-backed finance. Built on HashSphere, a private, permissioned distributed ledger leveraging Hedera’s enterprise-grade technology, the system runs…

Swiss asset manager 21Shares has launched a new exchange-traded product, or ETP, tied to dYdX’s native token, DYDX. The firms said this will extend regulated access to one of the largest decentralized derivatives protocols. The product, backed by DYDX tokens held with custodians, began trading this week with support from the dYdX Treasury subDAO, through its operator kpk, according to a press release shared with Decrypt. Crypto ETPs let investors buy and sell exposure to digital assets on stock exchanges. In Europe they are usually issued as notes backed one-to-one by the underlying tokens, rather than pooled funds. dYdX has…