Author: NBTC

After OKX announced it would list the controversial PI token, linked to pyramid scheme concerns in China, Bybit CEO has declined to list it. Meanwhile, Bitget removed information about the token after initially announcing its launch. ByBit CEO Ben Zhou in an X post has rejected the idea of joining the PiCoreTeam network, saying, “I’ll keep my distance.” https://twitter.com/benbybit/status/1889654348239503540 He shared that recently he was asked to join “Pi,” but rejected the idea, calling it ridiculous. He also shared that during his time trading forex, he frequently dealt with people asking for refunds or returns of his money. “I really…

The Web3 Alliance of Saudi Arabia (WASA) has launched with three global Web3 players SandBox, Animoca Brands, and Outlier Ventures, as collaborators. Outlier Ventures is a global Web3 accelerator, Sandbox is an immersive metaverse platform, while Animoca Brands is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help establish the open metaverse. The Web3 Alliance of Saudi Arabia (WASA) operates as a non-profit organization seeking to unite blockchain and digital innovation leaders to drive Web3 adoption in KSA in line with Saudi Arabia’s Vision 2030. The trio of projects aim to…

A Swiss advocacy group has proposed a constitutional amendment to allow Bitcoin (BTC) as part of Switzerland’s national reserves. The Swiss Federal Chancellery has initiated efforts to gather public support for the Bitcoin reserve, aiming to secure 100,000 signatures by June 2026. Inside Swiss Bitcoin Reserve Proposal This proposal seeks to modify Article 99, paragraph 3 of the Swiss Federal Constitution, empowering the Swiss National Bank (SNB) to allocate part of its reserves to Bitcoin, alongside gold. The amendment would also formalize the establishment of a “National Bank” responsible for building and maintaining adequate monetary reserves using its revenues. Giw…

BlackRock, Inc., an American multinational investment company, and the Federal Deposit Insurance Corp. (FDIC) are addressing a dispute over the asset manager’s stakes in American banks. The negotiations, which have been ongoing for months, revolve around BlackRock’s compliance with new oversight rules that require asset managers to maintain a “passive” role in the banks they invest in. FDIC demands BlackRock sign a passivity agreement FDIC demands BlackRock to sign a passivity agreement to comply with new oversight of its stakes. According to the FDIC, such agreements are crucial in ensuring investors remain passive and do not exercise control over banking…

Fueling Web3 Innovation and Empowering Builders TL;DR:The IOTA Ecosystem DLT Foundation stays committed to building and supporting a thriving ecosystem. Focused on driving real-world adoption, advancing the upcoming IOTA Rebased network, and expanding our EVM ecosystem, IOTA Grants Season 2 is now live, offering up to $10M in funding for passionate builders and innovative projects. At IOTA, we’re committed to building an ecosystem that not only thrives but endures. A vital component of achieving this vision lies in empowering builders, projects, innovators, and pioneers – the driving forces behind any successful Web3 ecosystem. After all, turning an idea into a…

HTX, a cryptocurrency exchange, recently published a rather cryptic post on their official X profile. The post read “Building Stronger 🤝 Together,” accompanied by a drawing of Justin Sun and Donald Trump sitting next to each other. The image also included references to the TronBull meme coin and SunPump, TRON’s first meme coin fair launch platform. HTX provided no further explanation, so we can only speculate what this means or could lead to in the future, especially in case this is a teaser for some kind of announcement. However, the hints are there since every item in the picture is…

Spiko, an investment technology company, has announced that its tokenized US and EU Treasury Bill money market funds will be migrated to Etherlink, a Layer-2 blockchain built on Tezos (XTZ) technology. The announcement marks another step in Spiko’s growing expansion campaign following integrations with other major blockchain networks, including Arbitrum One (ARB), Starknet (STRK), and Polygon (POL, formerly MATIC). Already known for its low transaction costs, censorship resistance, and near-instant block times, Etherlink is devoting significant resources to improving its decentralized finance (DeFi) ecosystem. Paul-Adrien Hyppolite, co-founder and CEO of Spiko, called Etherlink a “natural fit” for the company. With…

US spot Bitcoin ETFs raked in $908 million in net inflows on Friday, rebounding from Thursday’s $242 million outflow, according to data from Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) netted $253 million, ending a three-day negative streak that saw $392 million in losses. The fund’s total net inflows recovered to $37 million, with holdings of 548,506 Bitcoin valued at $53.4 billion. Fidelity’s Bitcoin Fund (FBTC) led Friday’s gains with $357 million in net inflows—one of its strongest daily performances since launch. FBTC has accumulated over $12 billion in new investments as of January 3. The ARKB fund, managed by…

For the first time this month, Ethereum (ETH) has recorded a series of spot inflows, signaling renewed investor interest in the leading altcoin. This comes as the Chicago Board Options Exchange (CBOE) filed an application for a spot-staked Ethereum exchange-traded fund (ETF) on behalf of 21Shares. With a growing bullish bias toward the leading altcoin, it might be poised to commence an uptrend. CBOE Files for 21Shares Spot-Staked Ethereum ETF In a February 12 filing, CBOE submitted an application to the US Securities and Exchange Commission (SEC) on behalf of asset manager 21Shares to list a spot-staked Ethereum ETF. The…

Japanese financial services firm Monex Group Inc. reported a third-quarter net loss of ¥9.9 billion ($67 million), primarily due to one-time expenses related to its cryptocurrency subsidiary Coincheck’s Nasdaq listing, even as its core businesses showed strong performance. The company recorded ¥17.1 billion in one-time expenses related to Coincheck Group N.V.’s December listing, including ¥13.7 billion in share-based compensation expenses and ¥3.4 billion in professional fees. Excluding these costs, the company’s operational performance remained robust, driven by strong crypto trading volumes and steady brokerage revenues. Coincheck’s marketplace trading volume more than doubled to ¥245.6 billion in the quarter, reflecting broader…