Author: NBTC
It was early April, during the middle of a conversation with Decrypt at Cantor Fitzgerald’s swanky midtown Manhattan headquarters, that Tether CEO Paolo Ardoino abruptly asked to pause the interview. The reason? He’d noticed a “weird message” on the laptop open in front of him. After twenty seconds of silence in the conference room, Ardoino’s face flashed a big grin. Reports were circulating that Circle, one of Tether’s chief competitors, might tap the brakes on its long-planned IPO. ”People were not impressed by their financials and disclosures,” Ardoino said in reaction at the time. “They make no money, I guess.” …
SHIB price could soar tremendously if Shiba Inu’s Layer-2 blockchain Shibarium burns around 10 trillion tokens monthly over the next five years. Since its mainnet launch in August 2023, Shibarium has served as a major engine for burning Shiba Inu tokens. The L2 blockchain initiates this burn by converting a portion of its transaction fees, initially collected in BONE, into SHIB and then sending them to the official dead wallet. At its initial launch, the Shiba Inu ecosystem team manually conducted Shibarium-powered SHIB burns. This resulted in the incineration of over 50 billion SHIB tokens. However, the process gained full…
A fresh battle on Capitol Hill is throwing the fate of a bill that would define the future of digital money in the United States into question. A group of lawmakers is taking a fresh stab at breaking the Visa-Mastercard duopoly. Their amendment would force the largest banks to offer at least one alternative credit card network other than Visa and Mastercard, such as Discover. The idea is to boost competition and reduce retailers’ fees for every credit card swipe. Nilson Report data showed that US merchants paid over $187 billion in such fees in 2023 alone. Senator Marshall said…
In the fast-paced world of cryptocurrency, unexpected events can sometimes disrupt normal operations. Users of the popular South Korean Crypto Exchange, Upbit, recently received an important notification regarding the REI token. This announcement highlights the dynamic nature of blockchain technology and the critical role exchanges play in responding to network-level issues. What Happened with Upbit and REI? Upbit, a leading digital asset exchange, officially announced a temporary halt to REI Deposit Withdrawal Suspension services. The reason cited is a pause in block generation on the REI Network itself. Think of a blockchain like a chain of blocks, where each new…
According to a recent report from the World Economic Forum (WEF), the convergence between blockchain and artificial intelligence (AI) is set to radically transform the global technological landscape, especially concerning DePIN. At the center of this revolution is the market of decentralized physical infrastructure networks, better known as DePIN (Decentralized Physical Infrastructure Networks), which could reach a value of 3.5 trillion dollars by 2028. Currently estimated between 30 and 50 billion dollars, the DePIN sector already has over 1,500 active projects worldwide. But it is only the beginning of an exponential growth that, according to the WEF, will be fueled…
A recent analysis suggests that, starting from January 2015, the value of Bitcoin began to show a significant correlation with two U.S. economic indicators: the Consumer Price Index (CPI) and the Dollar Index (DXY). This discovery opens new perspectives on the interaction between the bull market of cryptocurrencies and the traditional economy. Bitcoin and Dollar Index (DXY): a correlation emerged only since 2015 Inflation and strength of the dollar: two opposing forces The consumer price index (USCPI) The Dollar Index (DXY) Bitcoin as a refuge against inflation? Implications for investors Conclusion: Bitcoin increasingly linked to the real economy Bitcoin and…
PWN Protocol, a well-known permissionless, fixed-rate, and peer-to-peer lending platform, has recently announced its latest partnership with Celo, a popular blockchain-based ecosystem. The main purpose of this collaboration is to provide fixed-rate lending services for Ethereum L2 ecosystems. The platform took to social media to share this groundbreaking initiative with the community. 🎉 @pwndao is now live on Celo!Through the permissionless, peer-to-peer, lending protocol, users can earn fixed-rate yield on Celo-native stables 💱Learn more & get started on PWN today! ↓ https://t.co/3zLyFPgiTM — Celo.eth/acc 🦇 🌳 (@Celo) June 6, 2025 PWN Protocol Announces Launch on Celo to Offer Fixed-Rate Lending…
Crypto analysis platform Arkham Intelligence has suggested that Consensys, one of the leading developer companies in the Ethereum ecosystem, may have made a large-scale Ethereum (ETH) purchase. According to the platform’s post, a whale thought to be affiliated with Consensys received approximately $320 million worth of ETH from Galaxy Digital. The funds were transferred to a new wallet address, 0x0b2, from which approximately $120 million worth of ETH was staked via Liquid Collective. On the other hand, Consensys CEO and Ethereum co-founder Joe Lubin said on Tuesday that the company is in talks with large players who want to build…
Bitcoin and major altcoins tumbled late Thursday as concerns about the the re-escalating trade war, slowing U.S. economic indicators, and a brewing feud between U.S. President Donald Trump and billionaire Elon Musk trumped euphoria over Circle’s smash debut as a publicly traded company. The largest cryptocurrency by market capitalization was recently trading at about $100,825, down nearly 4% during the past 24 hours, according to crypto market data provider CoinGecko. Bitcoin, which last sank below $101,000 nearly a month ago, has fallen more than 9% over the past two weeks. “Crypto markets are pulling back today alongside a broader risk-off…
U.S. Securities and Exchange Commission Chair Paul Atkins is continuing on his crusade to bring a “new day” to the SEC and shift the agency’s stance toward digital assets. Testifying before the Senate Appropriations Subcommittee on Financial Services and General Government on Tuesday, Atkins vowed to pursue a “rational regulatory framework” for crypto assets, prioritizing rulemaking and transparency over enforcement actions. “Clear rules of the road are necessary for investor protection against fraud—not the least to help them identify scams that do not comport with the law,” he said. “Policymaking will be done through notice and comment rulemaking, not through…