Author: NBTC

Get ready for a holiday spectacle that blends digital art with physical grandeur. The Pudgy Penguins NFT collection has just announced a monumental move: it will commandeer the exterior of the iconic Las Vegas Sphere from Christmas Eve through the first week of January. This isn’t just another marketing stunt; it’s a vivid declaration of Web3’s arrival on the world’s most famous stages. What Does the Pudgy Penguins Las Vegas Sphere Takeover Mean? Imagine driving down the Las Vegas Strip and seeing the massive, 580,000-square-foot LED canvas of the Sphere come alive with the charming, round-bellied avatars of the Pudgy…

Ethereum price could be poised for significant upside as it forms a bullish reversal setup, as inflows into spot Ethereum ETFs return after a week of downturn. Summary Ethereum price is down 8% from its weekly high. Exchange balances have hit an all-time low amid accumulation by DATs. A multi-year inverse head and shoulders is forming on the weekly chart. According to data from crypto.news, Ethereum (ETH) was trading at $3,113 at last check on Dec. 15 morning Asian time, down 8% since last Thursday and 37.1% from its all-time high reached in August this year. The downtrend was led…

Société Générale’s crypto arm, SG-FORGE, completed its first blockchain-based digital bond issuance in the U.S., expanding its footprint in onchain capital markets. The short-term bond, tied to the secured overnight financing rate (SOFR), was purchased by trading firm DRW. The bond runs on the Canton Network, a privacy-enabled blockchain infrastructure developed by Digital Asset. Canton allows instant settlement while preserving the legal structure of traditional finance. Broadridge Financial Solutions provided the tokenization technology, marking the first time its new platform has been used for live securities issuance. While Société Générale said it has been active in digital bonds in Europe…

Stream Finance, the decentralized finance yield optimization platform that collapsed last month, is suing its current owner and operator, Caleb McMeans, known online as 0xlaw, according to court filings. Stream Trading Corp., which first launched Stream Finance in 2024, has filed a lawsuit against McMeans, who the firm identified as the person behind the username 0xlaw, and says bought the platform in early 2025 but mismanaged it, leading to its collapse. The lawsuit, filed on Dec. 8 in the U.S. District Court for the Northern District of California, accuses McMeans of running Stream Finance “as his own business” and mismanaging…

Philippines digital bank GoTyme, which has 6.5 million customers, has rolled out crypto services in the Philippines following a partnership with US fintech firm Alpaca. A total of 11 crypto assets can now be bought and stored in GoTyme’s banking app via an auto conversion from the Philippine peso to USD, including Bitcoin (BTC), Ether (ETH), Solana (SOL), Polkadot (DOT) and a host of other altcoins. It is unclear if the firm will offer more sophisticated trading services in the future; however, the focus appears to be on simplicity and ease of access. “Our product focuses on simplicity and reliability,…

The heartbeat of the Bitcoin network just skipped a beat. In a startling 24-hour period, the Bitcoin hashrate—a critical measure of the network’s computational power and security—plummeted by approximately 8%. This significant drop, equivalent to 100 exahashes per second (EH/s), has sent ripples through the crypto community, raising immediate questions about network stability and the causes behind this sudden shift. What Caused the Sudden Bitcoin Hashrate Drop? According to a report by Wu Blockchain citing an official from Nasdaq-listed Nano Labs, the primary culprit is a large-scale shutdown of mining operations in China’s Xinjiang region. This event led to an…

NVIDIA is set to announce its Q3 earnings on 19 November 2025, and analysts estimate revenue of about $55 billion and earnings per share (EPS) around $1.25. Out of that $55 billion, about $49 billion is expected to come from NVIDIA’s data center business, with its gaming division adding a bit over $4 billion. The company has been a major beneficiary of the AI boom, as its chips are the fundamental building blocks for many advanced AI projects and companies. However, despite the success, there are some concerns. Related: Peter Thiel Nvidia Sale Hits AI Trade and Bitcoin Some fear…

SEC Commissioner Caroline Crenshaw, expected to leave the agency in less than a month, used one of her final public speaking engagements to address the regulator’s response to digital assets. Speaking at a Brookings Institution event on Thursday, Crenshaw said standards at the SEC had “eroded” in the last year, with “markets [starting] to look like casinos,” and “chaos” as the agency dismissed many years-long enforcement cases, reduced civil penalties and filed fewer actions overall. The commissioner, expected to depart in January after her term officially ended in June 2024, also criticized many crypto users and the agency’s response to…

Circle, the publicly listed issuer of one of the biggest US dollar stablecoins globally, has entered into a strategic partnership with cryptocurrency exchange Bybit. Bybit entered into the partnership with an affiliate of Circle to expand liquidity and usability of its USDC (USDC) stablecoin, according to a joint announcement on Monday. “The partnership aims to expand USDC access across Bybit’s global ecosystem, strengthen liquidity of the world’s largest regulated stablecoin, and reinforce Bybit’s position as a regulatory-compliant platform committed to transparency and trust,” the companies said. The partnership comes as USDC is gaining momentum, with its market capitalization surging to…

NEW YORK — Terraform Labs co-founder Do Kwon was sentenced to 15 years in prison on Wednesday for his role in a massive fraud that saw roughly $50 billion wiped from the crypto ecosystem over the course of just three days in May 2022. The sentence, handed down by District Judge Paul Engelmeyer of the Southern District of New York (SDNY) is slightly more than the 12-year sentence requested by prosecutors and much greater than the five-year sentence suggested by Kwon’s lawyers. Kwon must serve at least half of this sentence before he can apply for a transfer to South…