Author: NBTC

In a year when cryptocurrency stocks have mostly moonwalked downward, executives at some of the sector’s top firms managed to secure fat compensation packages. Summary Crypto executives secured generous compensation despite falling stock prices. Some packages included protections against market declines. Activist shareholder Paul Glazer is opposing Pompliano’s M&A/pay package. According to SEC filings reviewed by Protos.com, several crypto pros enjoyed a bump in pay. David Bailey: The CEO of bitcoin treasury company Nakamoto and a noted President Trump ally pulled together a stacked package: signing bonus, consulting fees, stock options, restricted stock units, cash bonuses, and even private jet…

A former Drug Enforcement Administration (DEA) agent has been charged with money laundering using digital assets. According to an indictment unsealed at a Federal Court in Manhattan, the agent, who agreed to oversee the DEA’s financial operations, was charged with agreeing to launder millions of dollars. The indictment noted that he first worked as a DEA Special Agent in New York before rising to become the Deputy Chief of the Office of Financial Operations. According to the indictment, Campo had retired since 2016 and now runs a private consulting business. Former DEA agent cuffed for money laundering According to the…

Kraken has expanded its services in Colombia with the activation of local payment rails. The move allows clients to deposit Colombian pesos directly using domestic payment methods. Deposits are automatically converted to US dollars at transparent exchange rates, removing the need for international wire transfers. The company has also extended its services in Europe. Kraken now operates in all 30 European Economic Area countries under its Markets in Crypto-Assets license. Kraken’s MiCA-regulated entity is authorized by the Central Bank of Ireland and now serves EEA clients directly. “Colombia is one of the most dynamic crypto markets in Latin America, with…

Kakao Bank has reportedly shifted to active stablecoin development under founder Kim Beom-soo, while Naver is finalizing a merger with Dunamu, the operator of Upbit, South Korea’s largest crypto exchange. These moves come as lawmakers push forward stablecoin bills that could reshape the country’s digital financial landscape. Kakao Accelerates Stablecoin Development According to a local media report, Kakao Bank is building blockchain infrastructure for its planned stablecoin, “Kakao Coin,” following an internal review. With its large user base across messaging, banking, and payments, Kakao aims to use its network to drive stablecoin adoption. Kim Beom-su, the founder of Kakao, is…

The XRP community is doing a victory dance this December as the Ripple lawsuit filed by the SEC about five years ago totally becomes a thing of history. On Dec. 22, 2020, the Securities and Exchange Commission (SEC) filed a high-profile enforcement action against Ripple, alleging that it broke securities laws by selling XRP without registering it as a security. This December marks five years since the SEC lawsuit against @Ripple began. Back then, many in the crypto community laughed and didn’t expect it would lead to real legal clarity for #XRP. But here we are, half a decade later,…

1Money, a company co-founded by the former CEO of Binance.US, has launched a stablecoin orchestration platform ahead of its plans to build a layer-1 blockchain for payments. In a Thursday announcement, 1Money said the platform by the same name will have “zero platform fees,” opting instead for usage-based fees for transactions involving stablecoins and fiat. According to the company, the initiative will continue on 1Money’s layer-1 network for stablecoin payments, offering no gas fees. “For too long, legacy stablecoin service providers have held the ecosystem back with outrageously high monthly minimums and bloated fees, 1Money is ending that era,” said…

The venture capital division of America’s largest crypto exchange says it is targeting its funds toward real-world asset trading, decentralized finance and artificial intelligence next year. In a blog post, Coinbase Ventures stated that it is actively seeking to invest in teams involved in asset tokenization, specialized exchanges and trading terminals, next-generation DeFi and agentic AI advancements. “These are the categories where we believe the next big breakout companies and protocols will emerge, and where we’re looking to actively invest,” the firm wrote. Coinbase Ventures has made 618 investments since 2018 and has a portfolio of 422 startups, according to…

The discussion happening in the Senate about the so-called crypto market structure bill has slowed down as the debate has reached key issues. According to Variant CLO Jake Chervinsky, it is unlikely for this bill to be approved before February. Crypto Market Structure Bill Slows Down in Senate, Key Issues Still Being Discussed The market structure bill has reached the Senate, and now lawmakers are trying to define the elements that will gain consensus during a full vote. While drafts have already been prepared, as both committees draw closer to markup, several key aspects remain undecided, given their controversial character.…

GaFin, a prominent Web3 GameFi platform, has collaborated with tauntAI, a Web3-based SocialFi platform. The partnership attempts to improve real-time AI-driven GambleFi and GameFi experiences with interactive entertainment mechanisms. As per GaFin’s official X announcement, the collaboration aims to elevate confidence in the capabilities of tauntAI and its widening ecosystem. Additionally, the joint initiative underscores a key development to drive Web3 accessibility, next-gen consumer experience, and wider engagement. 🚀 GaFin x tauntAI Partnership Announcement! ⚡️GaFin is excited to partner with @TauntCoin, the leading platform transforming live video into AI-powered GameFi and GambleFi experiences.With over 50,000 users, products like Taunt Live,…

Kevin Hassett, a former Coinbase advisor who holds over $1 million in COIN stock, leads the Federal Reserve Chair race with a 56% nomination probability on prediction markets. As Trump’s criticism of Jerome Powell grows, final interviews are underway through Treasury Secretary Scott Bessent. Hassett Emerges as Frontrunner Amid Volatile Prediction Markets Kalshi prediction markets currently give Kevin Hassett a 55% chance of nomination for the role of Federal Reserve Chair. This represents a 15% increase in the last 24 hours, placing him well above Christopher Waller (20%) and Kevin Warsh (15%). Fed Chair Predictions. Source: Kalshi As the former…