Author: NBTC

Public keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: DraftKings officially enters the prediction market race, a Bitcoin miner makes a comeback, and payments giant Zelle gets into the stablecoin arena. Predictable for DraftKings It wasn’t exactly a surprise when DraftKings announced that it had acquired prediction market exchange Railbird. The rumor was first reported by Front Office Sports in July. But sports betting giant DraftKings, which trades on the Nasdaq under the DKNG ticker, has a unique hurdle to clear. The company already offers its sportsbook in at least 25…

Coinbase executives are urging US lawmakers to view stablecoin and market structure bills as interconnected pieces of a broader crypto regulatory framework, as Congress continues to deliberate over industry rules. Speaking to Cointelegraph at the Blockchain Futurist Conference on Thursday, Coinbase Chief Business Officer Shan Aggarwal weighed in on how a market structure bill could affect US markets. According to Aggarwal, both the market structure currently being considered in the US Senate — called CLARITY when it passed the House of Representatives — and the GENIUS stablecoin bill passed in July act “effectively like oil for the onchain economy.” “GENIUS…

In this post: Orbs’ Perpetual Hub Ultra has been integrated into the new Ionex DEX on Plasma, enabling institutional-grade perpetuals trading. The Layer-3 solution provides plug-and-play perps infrastructure with fast execution, deep liquidity, and up to 60× leverage. Ionex uses Orbs to power its MetaPerp module, merging spot and perps markets into one seamless decentralized hub. Ionex exchange, developed by Defizoo, has announced the integration of Perpetual Hub Ultra, a technology stack built by Orbs, to enable perpetual futures trading across the Plasma blockchain. The collaboration allows Orb’s Layer 3 technology to operate as a turnkey solution for decentralized exchanges…

ICB Network affirmed its strategic partnership with Zetarium in the blockchain. The future of the decentralized economy is a vision of connecting traditional finance (TradFi) to the digital economy. It is one of the most significant milestones in the mission of ICB Network to establish the most secure and sustainable web3. The agreement will combine ICB and its well-known Layer-1 blockchain infrastructure with Zetarium and its cutting-edge way of connecting legacy financial systems with blockchain. This convergence will allow ICB Network to develop a solid foundation, while enhancing its exposure in decentralized finance. Security and Audit Excellence This collaboration underscored…

US stocks reacted sharply to the consumer price index inflation reading for September, with the Dow Jones Industrial Average jumping more than 350 points and both the S&P 500 and the Nasdaq hitting new all-time highs. Summary The US Bureau of Labor Statistics released the consumer price index inflation report for September on Friday. US CPI data showed inflation rose 0.3% in the month, compared to forecasts of 0.4%. Dow jumps 350 points, S&P 500 and Nasdaq hit record highs. US stocks rose on Friday as the market reacted to cool inflation data, with investors upbeat ahead of the Federal…

South Korea is considering the possibility of revisiting its sanctions framework on North Korea, days after a new U.S. sanction has linked Pyongyang’s crypto theft operations to weapons financing. Speaking in an interview with Yonhap News TV on Thursday, Second Vice Foreign Minister Kim Ji-na said Seoul “can consider reviewing sanctions as a measure if they are really needed,” citing the importance of U.S.-Korea coordination on digital threats posed by the North. “In cases of cryptocurrency theft by Pyongyang, coordination between South Korea and the U.S. is important, as it can be used to fund North Korea’s nuclear and missile…

Binance, the world’s largest cryptocurrency exchange, continues its innovative efforts. Binance has made an important announcement regarding the Sei Network (SEI). Accordingly, in the official statements made by Binance and Sei Network, it was announced that Binance is an official validator on the Sei Network. This means Binance has joined the SEI blockchain’s block production and network security maintenance. On a public blockchain, validators are responsible for recording transactions, generating blocks, and verifying transactions. Leading exchange Binance has now joined the SEI network as a validator. “The world’s largest cryptocurrency exchange is now a Sei Network validator. Binance, which powers…

Bitcoin’s mining sector is under mounting pressure as the hash price, the industry’s key profitability metric, slips toward levels that could force smaller operators offline and strain the wider supply chain. Hash price, which measures expected daily revenue per unit of computational power, is currently around $42 per petahash per second (PH/s). The metric has been in steady decline since July, when it surged above $62 per PH/s. The push toward the $40 level leads Bitcoin mining operations, which are already facing razor-thin profit margins, to consider shutting down their rigs, according to TheMinerMag. The decline in hash price is…

The United Nations Development Programme (UNDP) plans to launch two initiatives aimed at helping countries adopt blockchain technology. Robert Pasicko, the leader of UNDP’s financial technology team, AltFinLab, told Cointelegraph at the UN City offices in Copenhagen, Denmark, that the organization plans to launch a blockchain education program for government officials alongside a blockchain advisory body. The initiative builds on the UNDP’s existing blockchain academy for UN staff, now aimed at helping governments implement blockchain in real-world applications. Pasicko said that “in a few weeks,” the new academy will begin operations and select four governments to work with. He expects…

Korea pledged up to $350 billion for U.S. projects in July 2025 to unlock relief on U.S. tariffs on Korean exports. Negotiators then argued over how much must be paid in cash versus loans, guarantees, or equity. On October 20, Industry Minister Kim Jung-kwan said Washington softened the idea of all-cash funding. Even so, the gap remains wide: reports put the U.S. ask near $200 billion in cash over eight years, while Seoul says it can manage about $15 billion per year without straining reserves or domestic credit. That tension now defines the policy path, the currency path, and the…