Author: NBTC
The X social media account for Marty Bent and Matt Odell’s popular podcast Tales From The Crypt (TFTC) earned 1.2 million views for a wildly inaccurate tweet about bitcoin (BTC). According to the podcasters, California “just passed” a bill to “seize BTC left idle on exchanges.” The misinformation claimed the state could somehow assert “unclaimed property” ownership “after three years of inactivity.” The post was entirely untrue. What actually occurred is far narrower and far less interesting. Assembly Bill 1052 passed the California State Assembly this week. It simply applies existing unclaimed property laws to digital assets on exchanges or…
Hey crypto enthusiasts! Important news from the South Korean crypto exchange giant, Bithumb. If you’re holding or trading Berachain (BERA) tokens on their platform, there’s a crucial update you need to be aware of. Bithumb has officially announced a temporary suspension of deposits and withdrawals for the Berachain (BERA) token. Why is Bithumb Suspending Berachain (BERA) Transactions? The primary reason cited by Bithumb for this temporary halt is to support an upcoming network upgrade for Berachain. Network upgrades are essential events in the life cycle of a blockchain project. They are implemented to introduce new features, improve performance, enhance security,…
A group of lawmakers has set out to make France consider Bitcoin mining, particularly as a means to manage its massive electricity system and strengthen its energy sovereignty. A legislative proposal to that end has been put forward in Paris, and its authors hope the government will accept to assess the potential of crypto-related activity in other areas as well. While countries around the world have either tried to suppress cryptocurrency mining, as was the case with China a few years ago, or let it grow, like the United States, for example, France is yet to make up its mind…
Botanix Labs has onboarded a couple of crypto industry heavyweights as node operators for its bitcoin layer-2 network. Mike Novogratz’s digital asset financial services firm Galaxy and crypto custody specialist Fireblocks are among 16 new node operators on Botanix, the company announced on Thursday. The operators have been onboarded and will be live once the Botanix mainnet launches later this quarter. With the creation of a federation of different entities running nodes, Botanix Labs is establishing its eponymous network as “decentralized from the start.” “The network will soon migrate to a dynamic federation to support hundreds of nodes, with the…
The price of several tokens tied to Ethereum-based projects in decentralized finance, or DeFi, spiked on Tuesday after the Securities and Exchange Commission signaled that it’s taking steps internally to become more accommodative of the emergent subsector. Ethereum was recently changing hands around $2,700, an 7.2% increase over the past day, according to crypto data provider CoinGecko. Uniswap, Aave, and Sky, were up 23%, 16%, and 15% respectively, rising to $8, $305, and $0.90. On Monday, SEC Chairman Paul Atkins said during a DeFi-focused roundtable in Washington, D.C., that the agency was working on an “innovation exemption” allowing companies to…
Ethereum plummets near the $2,400 mark as the Donald Trump and Elon Musk’s fallout rocks the crypto market as more major tokens get dragged down. According to data from crypto.news, the Ethereum price has dropped nearly 6% in the past 24 hours of trading. The second-largest token by market cap has been seeing red in the past few hours, dropping from a peak of $2,634 to as low as $2,408. At press time, ETH (ETH) is trading hands at a price of $2,456, barely recovering from the sudden price drop at about 2:00 AM UTC. The recent Ethereum price dip…
US President Donald Trump once again targeted FED Chairman Jerome Powell in his statements on social media. Trump pointed out that the European Central Bank has cut interest rates 10 times this year and described the FED’s failure to take any action as an “economic disaster.” “Interest rates are being lowered in Europe all the time, but there is still no change in our country. Despite this, our country is doing well, but if interest rates were lowered by one point, it would create a rocket fuel effect on our economy,” said Trump, adding that if the FED lowered interest…
This is a segment from the Empire newsletter. To read full editions, subscribe. Plasma received $500 million in stablecoin deposits rather quickly yesterday, shocking some and affirming that the token sales appetite is back in full force. But let me back up for a second. Plasma, which raised $24 million from the likes of Framework Ventures, is gearing up for a sale of its XPL token. Plasma team member Googly was careful to clarify that the sale hasn’t yet happened. Ahead of the deposits, Blockworks Research penned a subscriber-exclusive note from analyst and 0xResearch podcast host Boccaccio, which dropped before…
The International Monetary Fund (IMF) has increasingly scrutinized cryptocurrencies amid their rising adoption by countries. While many nations explore digital assets to diversify their economies, the IMF emphasizes cautious regulation and highlights risks, especially concerning energy consumption and legal frameworks. Pakistan’s Bitcoin Ambitions and IMF Concerns Just recently, Pakistan officially announced its strategic Bitcoin reserve at the Bitcoin Vegas 2025 conference. The country revealed plans to hold Bitcoin as a long-term investment and integrate digital assets into its economy. Pakistan’s government also aims to utilize excess electricity for Bitcoin mining, seeking to convert idle energy into economic value. The Pakistan…
Crypto payment cards have become increasingly popular in recent years as a means of spending digital assets in everyday scenarios. Once seen solely as an investment, cryptocurrencies in 2025 are widely being used for payments, particularly by younger, tech-savvy users who seek convenience without sacrificing control over their finances. A recent study by Coupon Follow reveals that 42% of U.S. millennials have used cryptocurrency for purchases in the past year, marking a 12% increase since 2022. With more people looking to spend their crypto, several new payment cards now make the leap from wallet to checkout much easier. Here are…