Author: NBTC

Wall Street opened higher on Tuesday as stocks looked to extend the positive start to the week, with earnings in focus as investors continued to monitor the macroeconomic environment. Summary S&P 500 and Nasdaq opened a little changed, while Dow Jones Industrial Average added 90 points as stocks looked to bounce higher. Earnings, tariffs and interest rates remain key factors across the market. The S&P 500 had added 0.1% and Nasdaq Composite was edging up as the leading U.S. indexes looked to bounce. Meanwhile, the Dow Jones Industrial Average added about 90 points to extend the notable rebound seen on…

Nigeria’s top securities regulator has sounded the alarm over a major rise in shady cryptocurrency transactions in West Africa—amounting to over $2.1 billion in 2024 alone. According to Business Insider Africa, this warning comes from Nigeria’s Securities and Exchange Commission (SEC) following a report by the Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA). Why Nigeria Is Concerned Speaking at the West Africa Compliance Summit in Cape Verde, SEC Director-General Emomotimi Agama highlighted the growing danger. He explained that criminals are misusing crypto tools—especially decentralized finance (DeFi) platforms and privacy coins—to commit fraud and fund illegal activity. These…

BitFuFu, a prominent name in the cryptocurrency sector, recently made headlines with an exciting announcement. The company, known for its significant role as a Bitcoin (BTC) miner and mining services provider, revealed an impressive performance for July. This update highlights their consistent growth and strong position in the market. According to a press release distributed via GlobeNewswire, BitFuFu successfully mined a substantial 467 BTC during July. This achievement significantly boosted their total holdings, reaching an impressive 1,784 BTC as of July 31. This remarkable BitFuFu Bitcoin mining output underscores their operational efficiency and strategic focus. What Drives BitFuFu’s Bitcoin Mining…

Clanker, a decentralized application (DApp) built around an artificial intelligence agent that creates memecoins based on prompts, has generated over $34.4 million in fees, according to blockchain data. According to the “Clanker Fees” Dune data dashboard, the liquidity pool fees earned by Clanker have reached $34,417,863. The daily fees peaked on Nov. 26, 2024, at $1.1 million earned in a single day. Clanker’s official website showed 355,179 live “clankers,” referring to tokens deployed through its AI agent. It also showed an ecosystem market cap of $172.3 million, and that $34.4 million of creator fees were earned through it. “Clanker is…

VelaFi, Latin America’s leading provider of stablecoin-based financial infrastructure, and Noah, one of the world’s most established stablecoin-powered payment networks, announce a strategic partnership to expand access to virtual USD and EUR accounts with real-time stablecoin settlement. This alliance brings together two complementary forces in modern finance: VelaFi’s regulatory-grade infrastructure and regional leadership in Latin America, and Noah’s globally licensed stablecoin rails for virtual accounts, FX, and international payouts. Together, they are delivering a new standard in cross-border ya finance, compliant, efficient, and borderless payments for businesses navigating complex global markets. And the timing couldn’t be better. Stablecoins are surging,…

Attorney John Deaton recently shared an important update on X (formerly Twitter) about the ongoing LINQTO case. He said he’s asking the court to apply something called a “Constructive Trust” in the case related to the DIP Loan. This would help make sure that no one unfairly benefits and that any money or assets go to the people who rightfully deserve them. What’s Happening in the LINQTO Case? The main issue being discussed in court on August 6 is about moving the case from Texas to Delaware. This motion was filed by a shareholder group called Sapien Group, who wants…

Three months after divesting its auto financing unit to focus on Bitcoin mining, Chinese conglomerate Cango (CANG) has significantly ramped up crypto production, indicating that its acquisition of Bitmain mining rigs is enhancing its capacity amid intensifying industry competition. Cango produced 650.5 Bitcoin (BTC) in July, a sharp increase from 450 BTC in June, according to data from Farside Investors. Farside also noted it has added Cango to its miner dashboard while removing Hut 8 due to a lack of monthly production disclosures. Source: Farside Investors As Cointelegraph reported, Cango mined a combined 954.5 BTC in April and May —…

Collally Network and Huostarter have formed a strategic partnership. Huostarter is a multi-coin staking-based launchpad and venture capital town hall. Together, they plan to help Web3 projects at an early stage to gain easier access to funding, professional assistance, and a barrier-free entrance into the market. 🌐 Exciting Partnership Announcement 🤝We’re excited to announce our collaboration with @Huostarter Huostarter is a tokenless, blockchain-based launchpad and VC’s Townhall—pioneering multi-coin staking for governance. By removing token barriers, Huostarter makes early-stage… pic.twitter.com/AQTTw9o5yg — Collably Network (@CollablyNetwork) August 5, 2025 Making Web3 More Accessible and Inclusive Huostarter stands out by removing the single-token gatekeeping…

Slash, a San Francisco-based neobank for businesses, launched a payments and treasury platform powered by a new U.S. dollar stablecoin issued by Stripe’s Bridge on Tuesday. The product, called the Global USD Account, is aimed at companies seeking U.S. dollar access and cross-border payments without a U.S. bank account. It introduces Slash’s own stablecoin, USDSL, which lets users store, send and receive dollars or stablecoins in one account, the company announced. The setup aims to shorten settlement times and remove foreign exchange fees for cross-border payments to U.S. suppliers, the company said in an interview with CoinDesk. Stablecoins, a type…

A controversial European Union proposal dubbed “Chat Control” is regaining momentum, with 19 out of 27 EU member states reportedly backing the measure. The plan would mandate messaging platforms, including WhatsApp, Signal and Telegram, to scan every message, photo and video sent by users starting in October, even if end-to-end encryption is in place, popular French tech blogger Korben wrote on Monday. Denmark reintroduced the proposal on July 1, the first day of its EU Council presidency. France, once opposed, is now in favor, Korben said, citing Patrick Breyer, a former Member of the European Parliament for Germany and the…