Author: NBTC

Pudgy Penguins is set to apologise for a racist X post it made last week following a complaint from the NFT project’s $5.3 billion football partner, Manchester City. According to a series of screenshots, Manchester City reached out to Pudgy Penguins after it suggested via X that the social media platform’s crackdown on reply spam and “AI slop,” might “actually have a significant effect on India’s economy.” Read more: Polymarket criticized for racist post targeting fake ‘baddies’ The post appeared to rely on the xenophobic stereotype that Indians are often behind bot or spam accounts associated with the so-called “InfoFi”…

According to research from the Bitcoin Policy Institute, Bitcoin has the potential to resolve the current issues, including rising tuition costs, persistent inflation, and limited investment flexibility in 529 college savings plans, which are facing most families looking to put their kids through higher education. The current plans offer valuable tax advantages, but they force investors to deal with narrow, state-selected mutual fund portfolios that underperform relative to IRAs and HSAs. According to the Bitcoin Policy Institute, those limitations prevent households from accessing inflation-resistant assets and stronger long-term growth opportunities. The Bitcoin Policy Institute’s research has evaluated how modernizing 529…

The Senate Banking Committee may postpone its hearing on the crypto market structure, slated for Thursday, Senator Cynthia Lummis told Bloomberg on Wednesday afternoon. The Senate Banking Committee’s crypto market structure legislation is growing increasingly contentious, even as lawmakers count down the hours to the planned Thursday hearing, which will conclude with a vote on advancing the bill — or not. However, this isn’t a confirmation of the hearing’s delay on Thursday. A spokesperson for Lummis did not immediately answer a phone call. Spokespeople for Banking Committee Chairman Tim Scott did not immediately respond to a request for comment. Lack…

Revolut, a London-based digital banking and payments company, has applied for a full banking license in Peru as part of its expansion across Latin America, Bloomberg reported on Monday. If approved, the license will allow the company to operate as a regulated bank in the country, adding Peru to a list of regional markets alongside Mexico, Colombia and Brazil. Bloomberg said Revolut plans to compete primarily with incumbent banks rather than newer fintech rivals. Revolut has identified remittances and cross-border payments as key parts of its local strategy, noting that about 1 million people in Peru rely on money sent…

In a groundbreaking development for decentralized finance, Ember Protocol and Bluefin have unveiled a transformative new vault product that harnesses real-time prediction market data from Polymarket. This innovative launch, announced by the Sui Foundation on November 15, 2024, represents a significant convergence of information markets and automated investment strategies within the rapidly evolving blockchain ecosystem. The product fundamentally changes how DeFi protocols can utilize external data streams for sophisticated financial applications. Ember Protocol and Bluefin Vault Integrates Polymarket Data The newly launched vault establishes a direct pipeline between Polymarket’s prediction market data and automated investment strategies deployed through Ember Protocol’s…

The once hyper market for non-fungible tokens (NFTs) looks to be in the doldrums, with token valuations a fraction of 2021/22 highs, not to mention that France’s flagship event for the sector, NFT Paris, was canceled just one month before it was due to open. In the doldrums, but definitely not dead, said Yat Siu, co-founder of Animoca Brands, a Web3 development and venture capital company that has become involved in tokenization of real-world assets. Wealthy collectors are driving a vibrant NFT marketplace, Sui said in an interview at the CfC St. Moritz crypto conference. Some investors will have a…

International credit rating agency Fitch Ratings has warned that it may reassess US banks with “significant” cryptocurrency exposure negatively. In a report posted on Sunday, Fitch Ratings argued that while crypto integrations can boost fees, yields and efficiency, they also pose “reputational, liquidity, operational and compliance” risks for banks. “Stablecoin issuance, deposit tokenization and blockchain technology use give banks opportunities to improve customer service. They also let banks leverage blockchain speed and efficiency in areas such as payments and smart contracts,” Fitch said, adding: “However, we may negatively re-assess the business models or risk profiles of US banks with concentrated…

Coinbase has backtracked on its support for the Clarity Act due to unfavorable amendments. Ripple Labs and Coin Center have openly supported the crypto bill ahead of the markup. The Clarity Act has attracted significant attention from the traditional banking sector due to the rising crypto influence in global finance. Several crypto leaders have openly disagreed on the amendments listed in the Clarity Act. Ahead of the planned markup on Thursday, January 15, 2026, Coinbase Global Inc. (NASDAQ: COIN) has stated that it cannot support the bill with its amendments. However, Ripple Labs and Coin Center have openly expressed support…

LinkLayerAI, a renowned Web3-focused AI platform, has partnered with MoonClash, a BNB Chain-based Web3 strategy game. The partnership aims to combine AI, immersive gameplay, and blockchain technology to revolutionize Web3 gaming. As LinkLayerAI mentioned in its official X announcement, the development advances the user interaction with diverse Web3 gaming networks. Hence, both platforms attempt to unlock exclusive engagement models at the intersection of decentralized entertainment and live intelligence. 🤝 Partnership Announcement🎉We’re excited to collaborate with @MoonClash_, a next-generation tower defense strategy game built on BNB Chain, featuring PVP battles, PVE exploration, NFT trading, mystery boxes, tokenomics, and social gameplay.Together, we’ll…

“$30B in Stablecoin Inflows on Nexo,” a short but telling post from CryptoQuant has rippled through crypto market coverage this week, highlighting a milestone few expected when the lending platform launched in 2018. The figure, cumulative stablecoin deposits into the Nexo ecosystem reaching roughly $30 billion as of January 2026, shows how much liquidity and investor trust the business has pulled in since its early days. Nexo is no ordinary exchange. It has built a full stack of crypto financial services centered on crypto-backed loans, instant credit lines, savings products and a payments arm that together let users tap the…