Author: NBTC

Share count will increase from 2 million to 14 million. Firm rebranded from Janover Inc., now trades as DFDV. Acquired validator business with 500,000 SOL stake. DeFi Development Corp., formerly known as Janover Inc., is executing a 7-for-1 stock split on May 20, expanding its outstanding shares from 2 million to over 14 million. The move follows a dramatic pivot into the Solana blockchain, which has triggered a staggering 1,700% rally in its share price over just one month. The company, now trading under the ticker DFDV on Nasdaq, has rebranded and restructured its business model around crypto infrastructure. It…

Crypto whales are accumulating NEET, PIN, and CHILLGUY ahead of the upcoming FOMC decision, signaling growing interest in select meme and DePIN tokens. NEET has surged over 41% in the past 24 hours, with whale holdings jumping 45% in just a week. PIN is down nearly 13% this week, yet large wallets have increased their exposure by 18.5%, suggesting strategic buying during the dip. Meanwhile, CHILLGUY is up 38% in seven days, and despite recent price stability, whale holdings continue to climb—hinting at expectations of post-FOMC upside. NotInEmploymentEducationTraining (NEET) NEET has surged over 41% in the last 24 hours, standing…

Binance founder Changpeng Zhao has confirmed that his legal team has applied for him to get a pardon in the US. This comes a few months after the former CEO denied reports of a deal with President Trump’s family that would see him get pardoned. At the time, the Wall Street Journal (WSJ) had claimed that the Trump family wanted to buy a stake in Binance.US in exchange for granting Zhao a pardon. However, the ex-CEO denied this on X, noting that there have been no such meetings and that the report is just a fabrication. Interestingly, he acknowledged in…

Sony’s blockchain Soneium is launching a joint campaign with Square Enix’s on-chain game SYMBIOGENESIS to provide NFT rewards on two major Soneium games. According to a press release sent to crypto.news, Square Enix’s narrative-led blockchain game becomes the latest gaming IP to collaborate with Soneium to launch its cross-game campaign. The initiative brings together three different gaming worlds through shared quests that players can take part in to earn unique collectibles. As part of the campaign, players must complete a limited-time quest within the main game in order to participate in a lottery to earn an NFT collectible hosted on…

Bhutan has become the first nation to enable crypto payments for tourism at a national scale, partnering with Binance Pay and DK Bank. Bhutan, a landlocked country in south-central Asia, is now accepting crypto payments through a new national-level tourism system powered by Binance Pay and DK Bank, which Binance calls the world’s first of its kind. The initiative allows travelers with Binance accounts to pay for nearly every part of their journey using crypto. This includes airline tickets, visa fees, hotel stays, monument entry, tour guides, and even “fresh fruit from roadside stalls,” according to a Wednesday announcement. Binance…

The Bitmain Antminer L7 is an ASIC crypto miner specialized for the Scrypt algorithm, which is used to mine the popular cryptocurrencies Litecoin and Dogecoin. The Bitmain Antminer L7 produces 9,160 MH/s in hashrate, has a power efficiency of 0.35, and a power consumption of 3,225 W (efficiency and power consumption ratings assume a temperature of 25°C). The miner was first released in November 2021 and is manufactured in Indonesia. The Bitmain Antminer L7 price ranges from $4,500 to $5,500, depending on the vendor. At the time of writing, the miner is listed as sold out on the official Bitmain…

TreasureDAO will shut down its ZKsync-based Treasure Chain on May 30, nearly five months after announcing urgent cost-cutting measures and securing temporary emergency powers. TreasureDAO is pulling the plug on Treasure Chain, its own network built on ZKsync’s layer-2 scaling solution, by May 30 after TIP-52 passed, giving the core team emergency powers to handle the shutdown without stopping for more votes. Treasure Chain Wind-Down⛓️🌇Following the successful ratification of TIP-52, the Treasure Chain will shut down on May 30, 2025. Holders must bridge out all ETH, MAGIC, SMOL, and NFT holdings by the end of May.Additional updates, timelines, and next…

Bitcoin, the leading cryptocurrency, surged to an intraday high of $99,434 on the Coinbase exchange. The flagship coin has hit its highest level since Feb. 21, and it is now within striking distance of hitting the $100,000 level for the first time since Feb. 7. The recent bullish momentum comes after BlackRock’s iShares Bitcoin Trust ETF (IBIT) recorded 17 consecutive days of inflows. The product has attracted $5 billion in fresh money within just weeks, indicating robust institutional demand. As reported by U.Today, Brown University became the first Ivy League school to disclose an IBIT position last week. Bitwise CEO…

Ethereum has been struggling to keep up with the rest of the market. However, its upcoming Pectra upgrade may be the catalyst it needs. Ethereum’s (ETH) Pectra upgrade, scheduled for this week, has been on traders’ radar for some time. On Tuesday, May 6, Tracy Jin, COO of MEXC, shared her insights with crypto.news on the upgrade’s potential. Notably, Jin believes Ethereum has a unique opportunity to shift market sentiment. “Bitcoin’s dominance currently sits at a year-high of 63,9% while altcoins continue to struggle to capture any sustained market momentum outside trend-based and speculative movements. With investor sentiment cautious and…

Stocks climbed on Thursday, May 8 as investors reacted to President Donald Trump’s announcement that the United States had reached a major trade deal with the United Kingdom. As the announcement bolstered investor sentiment, the major U.S. indices jumped, with futures higher after Asian and European markets gained. The S&P 500 opened 0.6% up, while the Dow Jones Industrial Average gained by more than 200 points. Nasdaq climbed 0.8%, opening higher as stocks looked to extend the previous session’s upside. Bitcoin (BTC) also rose above $99k as cryptocurrencies traded higher alongside other risk assets. U.S. stocks had edged higher on…