Author: NBTC

Strategy (formerly MicroStrategy), along with the rest of the crypto treasury industry, got spooked last week after Nasdaq issued new rules about selling stock to buy digital assets. Unlike traditional enterprises that aim to profit by selling goods or services, crypto treasury companies primarily buy crypto on leverage by selling corporate debt, equities, and derivatives. Exchange officials are looking to tighten listing requirements for such companies. Indeed, moments before the New York market opened on Thursday morning, TheInformation reported that the Nasdaq was considering forcing companies to obtain shareholder approval prior to selling stock to buy digital assets. Stocks of…

Ankr, a major Web3 infrastructure provider, announced this week that its RPC platform now processes more than 1 trillion requests per month, a milestone that underlines just how much of blockchain activity runs through centralized infrastructure even as apps try to decentralize. The company framed the milestone not as a marketing puff, but as a snapshot of everyday traffic: everything from balance checks to rollup calls and MEV bot pulls. Remote Procedure Calls (RPCs) are the read/write plumbing of blockchains, the API layer between wallets, dApps and the node fleets that actually hold state. According to Ankr, the largest slices…

Key Takeaways Kazakhstan’s president has urged the creation of a national Bitcoin reserve. The plan, driven by the National Bank’s investment arm, would accumulate strategic crypto assets central to financial innovation. Kazakhstan’s leader, Kassym-Jomart Tokayev, is pushing for the quick establishment of a “full-fledged” digital asset ecosystem, including a state-administered crypto reserve, Akorda Press, the official press office of the President of Kazakhstan, reported on Monday. The reserve, overseen by the National Bank’s investment arm, would accumulate crypto assets deemed vital to the emerging digital financial system, according to Tokayev. “Given the current realities, we must focus on crypto-assets. A…

Boin is thrilled to announce its strategic partnership with ENI to take a significant leap forward at the intersection of Web3 innovation and digital commerce. This alliance aims to amplify both ecosystems, driving stronger community engagement and bringing fresh utilities. It further strives to define the future of shopping and the interaction of people with the decentralized digital economy. 🔥 Thrilled to announce our partnership with @ENI__Official 🚀Together, @bion_app X @ENI__Official are building powerful synergies at the crossroads of Web3 innovation and digital commerce. ✨This collaboration strengthens both ecosystems unlocking new utilities, bridging… pic.twitter.com/AFiADT0jaY — Bion – A Web3 Lifestyle…

Stocks gained on Monday as Wall Street continued to bet that the Federal Reserve will cut interest rates this month. Summary S&P 500 and Nasdaq rose as stocks began the week largely in the green. Wall Street will be keen on two important inflation reports this week. Investors are optimistic as they eye Federal Reserve’s upcoming meeting. Ahead of a week when additional inflation data will provide further insights into the U.S. economy, investors are displaying early enthusiasm. The benchmark S&P 500 index was up 0.2% at the open, while the Nasdaq rose 0.6% in early trading. While the Dow…

Key Takeaways Fusaka’s PeerDAS system enhances data availability by having nodes verify only a subset of data chunks. PeerDAS is expected to support both Layer 2 and eventual Layer 1 Ethereum scaling as blob capacity increases. Ethereum co-founder Vitalik Buterin today outlined how Fusaka plans to scale data availability through its PeerDAS system, marking a novel approach to blockchain architecture where nodes won’t need to download complete data sets. The PeerDAS system operates by having each node request a limited number of data chunks to verify that over 50% of chunks are accessible. “The way PeerDAS works is that each…

Michael Saylor, executive chairman at Bitcoin treasury firm Strategy, recently addressed the recent S&P 500 snub, predicting that the leading Bitcoin treasury firm will eventually be able to join the much-coveted stock market index. Saylor does not think that there is “bias” against crypto, adding that he did not actually expect Strategy to be added during the very first quarter of eligibility. “This is a brand-new novel concept. Every quarter, we make some new believers, we get more support from banks, from politicians, from credit rating agencies,” Saylor told CNBC’s Becky Quick. He predicts that this will continue for the…

US President Donald Trump, who came to the fore with his support for Bitcoin (BTC) and cryptocurrencies, continues to erase the traces of the Biden era. At this point, Trump made significant changes to many high-level organizations, two of which were the SEC and the CFTC. The former chairmen of the SEC and CFTC resigned after Trump took office. Paul Atkins was chosen as the new chair for the SEC, while the CFTC still hasn’t chosen a chair. Fox Business reporter Eleanor Terrett, citing sources familiar with the matter, reported that the White House is considering nominating former CFTC chair…

The Philippines has launched a blockchain-based transparency system for its Department of Public Works and Highways after mass protests over alleged corruption in flood-control projects worth billions. Integrity Chain, developed by BayaniChain Ventures, was unveiled on Wednesday as a platform to record DPWH contracts and project milestones on a tamper-proof ledger. The goal is to turn “government records into digital public assets that are immutable, verifiable, and openly validated,” BayaniChain CEO and co-founder Paul Soliman told Decrypt. Once expanded from the DPWH to other agencies, the initiative could later help “protect the entire annual budget of the Philippines,” estimated at…

Early adopters of the perpetuals-focused layer-1 blockchain Hyperliquid were rewarded handsomely on Sunday after the Hyper Foundation finally airdropped the much-awaited Hypurr non-fungible token collection. At the time of writing, the Hypurr NFTs have a current floor price of around 1,458 Hyperliquid (HYPE), or $68,700, according to OpenSea data. However, there have already been eye-watering sales well above that range. The Hypurr #21 NFT with the extremely rare “Knight Ghost Armor” and “Knight Helm Ghost” traits went for 9,999 HYPE worth $467,000 on Sept. 28. The whopping $467,000 sake of Hypurr NFT #21. Source: OpenSea Amid a cost-of-living crisis globally,…