Author: NBTC
This is a segment from the Blockworks Daily newsletter. “The counterfeit of business is speculation. A man in business always gives value in return for his revenue, and thus performs a useful function.” — Andrew Carnegie When asked about the competitive threat posed by newly formed Federal Steel, Andrew Carnegie scoffed that its real specialty was “manufacturing stock certificates,” not steel. That dismissive comment was emblematic of the 1890s boom in industrial “trust” stocks, most of which Carnegie thought had little to do with business and everything to do with speculation. There were exceptions — the big monopolistic trusts formed…
Blockchain infrastructure heavyweight COTI shared the details of its recent accomplishments in the region of MENA. COTI is one of the founding members of Saudi Arabia AI and Blockchain Centre, a regional hub for sharing the best practices in two red-hot verticals. COTI becomes founding member of Saudi Arabia AI and Blockchain Centre Today, April 30, 2025, the team of COTI announces its role as a founding member of the Saudi Arabia AI and Blockchain Centre (SAAIBC). The centre brings together Saudi Arabian leaders, policymakers and practitioners through a shared mission to accelerate AI and blockchain adoption across MENA and…
The Crypto Council for Innovation is making a case with the U.S. Securities and Exchange Commission that staking is not only a virtue for digital asset markets, but it should be hands-off for the securities regulator. The group — a coalition of staking interests, including Kraken, a16z, Lido, Galaxy, Figment, Polychain and Paradigm — argued in a letter to the agency’s crypto task force that the logic behind the SEC staff’s recent statement that “proof-of-work” crypto mining isn’t a securities transaction under the agency’s jurisdiction, should extend to the practice of staking, pulling it out of the securities bucket. “Stakers,…
Binance, the largest cryptocurrency exchange in the world, has told its customers to look at Kamino Finance for clarification over failed transactions. The exchange issued the clarification via its official wallet account on X (formerly Twitter) following growing complaints from users encountering failed, disappearing balances, and stalled transactions while interacting with Kamino Finance through Binance Wallet. Over the past days, multiple Binance Wallet users have raised concerns on social media about failed transactions when engaging with Kamino Finance, a decentralized protocol built on the Solana blockchain. The complaints range from unsuccessful token swaps to liquidity transactions that appear to hang…
BNB Chain delivered a standout Q1 performance in revenue and on-chain metrics, even as its market cap dipped almost 15%. According to a new report by Messari, BNB Chain posted strong revenue performance in Q1 2025, with network earnings jumping 58.1% quarter-over-quarter to $70.8 million. The surge was largely driven by a 122.6% increase in wallet-to-wallet transaction fees, accounting for 17.4% of total revenue, surpassing DeFi. The DeFi category contributed a modest 8.4% of total revenue, growing 7.6% QoQ, while stablecoin-related activities made up 5.2% of revenue, increasing 23.4% QoQ, but with a reduced revenue share of 5.2%. Source: Messari…
Bitcoin (BTC), the leading digital asset in the crypto world, has seen its price stuck between $92,000 and $95,000 in the last seven days. Despite this seeming stagnation, Bitcoin has hit an all-time high (ATH) but not in the most common metric tracked. New record in Bitcoin realized cap CryptoQuant, an on-chain analytics platform, highlighted the achievement in a post on X. For perspective, Bitcoin Realized Capitalization (BRC) is a metric that values each individual BTC based on the price at which it was last moved or transacted on-chain. It differs from regular market capitalization, which is the prevailing price…
Ethereum (ETH) is up more than 10% over the last seven days as the market shows signs of renewed activity. However, key technical indicators reveal a mix of weakening trend strength and cautious optimism from buyers. ETH is currently battling critical resistance zones that could define whether the rally continues or fades. With momentum still fragile, May could be a decisive month for Ethereum’s next major move. Ethereum’s Trend Weakens Sharply as Bears Close In Ethereum’s DMI chart shows its ADX is currently at 24.91, a sharp decline from 39 two days ago. The ADX, or Average Directional Index, measures…
The crypto market has entered the fifth month of 2025, yet retail investors have not seen much improvement in their portfolios. Meanwhile, what directions are venture capital (VC) firms taking amid the 2025 market landscape? The answer to this question could serve as valuable insight for individual investors. What Sectors are Attracting VC Attention for the Remainder of 2025? Andy, the host of The Rollup Co., shared key highlights from his conversations with top venture capitalists. These insights reveal the sectors that are drawing strong interest. According to Andy, the first area of focus is stablecoins. “Stablecoin issuers are very…
Filecoin has launched Fast Finality (F3), cutting block confirmation times from hours to just a few minutes using GossiPBFT. F3 boosts Filecoin’s support for low-latency apps, while partnerships expand its role in AI and decentralized data integrity. Filecoin finally enabled Fast Finality (F3) on its mainnet on April 30, 2025. This step is a new milestone in the history of the decentralized storage network. Previously, transactions on Filecoin took around 7 hours to be completely final. But now? It only takes a few minutes. Confirmations that used to take 900 epochs now only take 5-10 epochs. Crazy, isn’t that? If…
Coinbase (COIN) filed a brief in the U.S. Supreme Court case involving an Internal Revenue Service request for data on hundreds of thousands of its customers back in 2019, arguing the court should “protect Americans’ privacy interests in digital information stored by third-party service providers.” The U.S. tax agency — in an action during the first administration of President Donald Trump — had been seeking financial records under the stance that the individuals’s transaction records should be made available once they’d shared their information with a third party. In this instance, that party was Coinbase. The exchange fought to narrow…