Author: NBTC

Solana Company (HSDT), the digital asset treasury firm formerly known as Helius Medical Technologies and backed by Pantera Capital, has moved ahead with unlocking shares for early investors in its $500 million PIPE round as the company’s stock trades below the initial purchase price. The shares, sold in a private placement in September at $6.881 each, has become eligible for sale earlier than scheduled, the firm said in a Monday press release. HSDT shares have tumbled to around $6.50 following a steep three-session decline that wiped nearly 60% from its market value, including a 17% drop on Monday. “‘Ripping off…

The White Whale has withdrawn his offer to serve as an unpaid advisor to MEXC and cited continued user fund seizures and deceptive transparency practices. Summary White Whale declined MEXC advisory role, citing deceptive transparency practices. He called the exchange’s Proof of Reserves “meaningless” without liability audits. MEXC seized user funds and erased transaction history, sparking public criticism. The crypto trader posted a lengthy explanation on X detailing why he no longer believes the exchange is sincere about reform. The withdrawal comes after The White Whale requested a mutual NDA from MEXC behind the scenes. He rejected the exchange’s “non-disparagement”…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Conferences like last week’s Digital Asset Summit remind us of the broader world that crypto is percolating. The attendance of some of the largest banks and asset managers (and what they’re working on) seems a solid indication of where we’re headed. Citi was in the building, with research analyst Sophia Bantanidis giving the DAS crowd a talk on stablecoins. The financial giant’s base-case projection is for stablecoin issuance to reach $1.9 trillion by 2030. It labels growth in this segment as “blockchain’s ChatGPT moment for institutional…

Key Highlights U.S. CFTC is in advanced talks with major registered exchanges to launch leveraged spot trading for cryptocurrencies like Bitcoin and Ether as early as December 2025. This plan uses existing authority in the Commodity Exchange Act to bring a major portion of crypto trading under federal oversight of the CFTC The initiative is another major regulatory development under the Trump administration to entice crypto innovation in the U.S. The Commodity Futures Trading Commission (CFTC), under the Acting Chair Caroline D. Pham, has revealed that it is in advanced discussions with major financial exchanges to introduce leveraged spot trading…

Weekly prediction market volume set a new high-water mark above $2 billion as Polymarket retakes its lead over competitor Kalshi, according to Dune Analytics data. Both Polymarket and Kalshi have experienced massive increases in user activity and trading volume over the last several months, as prediction markets as a whole gain broader mainstream awareness and adoption. Kalshi, as the first federally regulated prediction market platform in the U.S., saw a leap in user activity in August—not coincidentally at the start of the new NFL season—and overtook Polymarket in trading volume for the first time. Polymarket, now poised to reenter the…

GaFin, a popular Web3 gaming platform, has officially partnered with Baishi.ai, a renowned decentralized AI agents platform. The collaboration aims to reshape the overall Web3 gaming experience by incorporating robust AI technology. As GaFin’s official social media announcement discloses, the move highlights a mutual vision to expand the accessibility of immersive and innovative gaming across the globe. Hence, the move is set to expedite the GameFi ecosystem’s evolution by strengthening gamers with intuitive gameplay dynamics and real ownership. 🧠🤝 GaFin x https://t.co/lyvdexWatA Partnership AnnouncementWe’re thrilled to announce our partnership with @playbaishi – a next-gen AI & Web3 platform that’s redefining…

The FTX bankruptcy estate has made substantial progress in returning funds to creditors, distributing $7.1 billion across three rounds so far. The update came from creditor representative Sunil Kavuri, who confirmed the developments in a recent post on X. The once-prominent crypto exchange, which collapsed in November 2022, continues to unwind one of the most complex financial failures in the digital asset industry. The next payout round will take place in January 2026, with eligibility to be finalized in December 2025. This will mark the fourth major distribution since the estate began returning recovered assets earlier this year. FTX Estate…

Bitfarms just posted its latest earnings report for Q3 2025, and the results were straight-up disappointing. The company reported $69.25 million in revenue for the quarter ending September, falling about 16.7% short of what analysts at Zacks were expecting. That’s a big miss for a company that’s been riding high this year in terms of share price. On the profit side, Bitfarms logged a net loss of $0.02 per share, which exactly matched the Zacks estimate, but still shows there’s trouble under the hood. Compared to last year’s Q3 loss of $0.09 per share, the company has narrowed the gap,…

Binance, one of the world’s largest cryptocurrency exchanges, announced the listing of new spot trading pairs in an effort to expand trading options and improve user experience. Binance Lists MINA/USDC and XVG/USDC Trading Pairs According to the exchange’s official announcement, MINA/USDC and XVG/USDC trading pairs will be available on the Binance Spot platform at 11:00 on November 11, 2025. With the new listing, users will be able to trade Mina (MINA) and Verge (XVG) tokens for USD Coin (USDC). This move is part of Binance’s strategy to increase its USDC-based trading pairs. The exchange will also launch its Trading Bots…

The government of Kyrgyzstan is disconnecting all crypto mining facilities from the grid, citing energy shortages as the key reason. The Central Asian nation is heavily reliant on hydroelectric generation, and the water in one of its main reservoirs is now critically low. Authorities in Kyrgyzstan unplug mining hardware to save electricity Officials in Kyrgyzstan have ordered all crypto farms shut down as the country is experiencing significant deficits in terms of available electrical power. In an interview with the online news outlet 24.kg published Wednesday, Minister of Energy Taalaibek Ibraev announced: “Given the current electricity shortage, a decision has…