Author: NBTC

The Trump administration is reportedly “leaning toward a pardon” for Binance co-founder Changpeng “CZ” Zhao, who pleaded guilty to money laundering charges in 2024 and spent four months in prison. According to New York Post columnist and Fox correspondent Charles Gasparino, sources close to Zhao said that Trump insiders believe the case against CZ was “pretty weak, and certainly not something that merited a felony charge and jail time.” “Trump… is leaning toward a pardon (consider the source), which could set the stage for CZ’s return to the crypto exchange since he remains Binance’s largest shareholder,” he said, citing people…

Meme cryptocurrencies, despite being an established segment of the crypto market, still have that sense of gambling and pure speculation in the eyes of many traders and investors. While their total capitalization amounts to over $70 billion, according to CoinMarketCap, they rarely feature in the conversation of notable crypto figures, and that is primarily why a recent post from Coinbase CEO Brian Armstrong caught attention. Thus, Jesse Pollak, known as the key developer behind the Base blockchain, an EVM ledger created with the backing of the leading U.S. crypto exchange, recently revealed that every meme coin of the “blue blockchain”…

Vaulta is extending its infrastructure stack with Omnitrove, a treasury management solution that integrates directly with its ecosystem, offering native connectivity and utility for its native token. Summary Vaulta announced Omnitrove, a treasury platform set to launch in early 2026, integrating 25+ blockchains, exchanges, and banks into one system. The platform aims to modernize institutional treasury management with AI-driven forecasting, multi-party controls, and enterprise-grade compliance. Omnitrove expands Vaulta’s Web3 Banking OS, enhancing interoperability between crypto and traditional finance systems. According to a press release shared with crypto.news on Oct. 14, the Vaulta Foundation will launch Omnitrove, a new treasury management…

Pendle partners with four decentralized finance innovators to automate and simplify yield strategies. The alliance introduces Agentic DeFi – a user-centric approach to earn in the new finance space. The tokenization platform continues to transform how investors leverage decentralized income channels. Pendle, known for the trading and tokenization of future yield, has made a bold step toward making advanced yield strategies accessible to all users on its platform. The protocol confirmed the arrival of Agentic DeFi today (October 14), marking a shift in how individuals can access and benefit from innovative yield strategies. Agentic DeFi has arrived on Pendle. Together,…

India cracks down on crypto traders; 400+ high-net-worth individuals face scrutiny as Binance data exposes undeclared offshore profits. Offshore crypto anonymity ends in India; traders urged to reconcile holdings and file ITR-U to avoid penalties under new tax enforcement rules. India’s tax authorities are intensifying scrutiny on cryptocurrency traders, targeting high-net-worth individuals who allegedly hid profits on offshore exchanges. The Income Tax Department has launched investigations into over 400 traders accused of failing to declare cryptocurrency gains between 2022 and 2025. The Central Board of Direct Taxes (CBDT) has reportedly asked these individuals to submit detailed reports by October 17.…

TL;DR Axie Infinity has launched five new bounties on App.axie, active since October 13, offering up to 520 reward points across different activities. The update strengthens Axie Quest, a community-developed game that blends RPG and Match3 mechanics with Axie’s core integrations. The transition to a unified Bounty Board system is nearing completion, with the merger of the Standard and Premier boards expected by the end of the month to streamline rewards and engagement. The rollout of new quests and objectives signals growing momentum for community participation within the Axie ecosystem. Players can now access five distinct bounties tied to combat,…

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has secured a Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE), the exchange said on Thursday. Bybit becomes the first crypto exchange to obtain this full license from the SCA, the company said in a press statement. A number of crypto firms with operations in Dubai are regulated under the VARA framework. The SCA regulation is wider in scope as it applies on the UAE mainland, and applies to entities outside Dubai’s jurisdiction under VARA. (ByBit also has a provisional license…

UC San Diego and the University of Maryland researchers have reported findings showing that roughly half of GEO satellite downlinks carry data without encryption. Further, data interception can be reproduced with just $800 of consumer hardware. Per WIRED, the team captured telco backhaul, industrial control traffic, and law-enforcement communications, and reported fixes to affected providers where possible. UCSD’s Systems and Networking group lists the paper “Don’t Look Up” for CCS 2025 in Taipei, reinforcing that this is not a lab curiosity but a documented, peer-reviewed disclosure pipeline. The method targets legacy satellite backhaul rather than any single application layer. Moreover,…

Ethereum (ETH) has continued its strong upward momentum, climbing beyond $4,500 in recent sessions and approaching a new all-time high. The second-largest cryptocurrency by market capitalization is showing signs of renewed investor optimism. However, whether it can surpass $5,000 will depend on maintaining key technical and psychological levels. Ethereum Holders May Not Sell Currently, about 97% of Ethereum addresses are in profit. Historically, when this percentage crosses the 95% mark, it signals a potential market top as investors begin realizing gains. In past cycles, this level often preceded short-term reversals as traders moved to secure profits. However, Ethereum’s resilience amid…

Bitcoin mining company CleanSpark secured its second $100 million credit line this week without issuing new shares, highlighting the growing role of digital assets as collateral in mainstream finance. The latest facility, disclosed Thursday, was arranged with Two Prime, an institutional Bitcoin (BTC) yield platform, and is backed entirely by CleanSpark’s Bitcoin treasury. With this agreement, CleanSpark’s total collateralized lending capacity is now $400 million. The non-dilutive nature of the financing is particularly notable. Public companies often raise growth capital through equity offerings, which can dilute existing shareholders’ stakes. By using its nearly 13,000 BTC holdings as collateral instead, CleanSpark…