Author: NBTC

Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. Is Crypto a Security? Part II: Utility Tokens The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. Since the early years of the digital-asset industry, the term “utility token” has been used as a kind of shorthand for “not a security.” The idea was intuitive: if a token provides access to software, services, governance rights, or network functionality, then the reasonable expectation of purchasers is consumption rather than…

A trader on prediction market Polymarket struck gold, turning $3,000 into $125,000 by successfully guessing who would be the most Google-searched person in 2025. Their 3,872% profit came about because the market’s outcome was a big surprise. Leading into the results being revealed, Pope Leo XIV was the most likely to be the most Google-searched person this year, with 51.5% odds, followed by Donald Trump with 9.5% odds. At the same time, American singer D4vd had just a 7.2% likelihood of being crowned the most Googled person. Zooming out, the odds were looking even more drab, dropping to 0.2% at…

While Bitcoin (BTC) has experienced volatile price movements in recent days, a Bitcoin miner has achieved a major success. According to the data, an individual Bitcoin miner managed to earn a block reward alone, despite the extremely low odds. According to this, a Bitcoin miner, mining alone using CKpool, mined block number 927,474 and obtained a total of 3,133 Bitcoin. At current prices, this is equivalent to $289,380. This earning consists of a 3.125 BTC block subsidy reward ($283,944) and a 0.008 BTC ($689) transaction fee. CKpool developer Con Kolivas made the following post from his X account: “Congratulations to…

Solana’s lending markets are gaining traction, with their total value locked (TVL) hitting $3.6 billion in December 2025 – up 33% from $2.7 billion a year earlier, according to a new report from Redstone. Solana DeFi Lending TVL Redstone, a blockchain oracle and data provider, points to the network’s efficiency as a key driver, citing 400-millisecond transaction finality and a median fee of $0.001. Solana also maintained 100% uptime over the past year and processed a peak daily DEX volume of $35.9 billion. This growth reflects Solana’s growing influence in decentralized finance (DeFi), fueled by fast, low-cost transactions and a…

Ethereum price started a fresh increase above $3,250. ETH is now consolidating gains and might aim for more gains if it clears the $3,380 resistance. Ethereum started a fresh increase above the $3,200 and $3,250 levels. The price is trading above $3,200 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,210 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,350 zone. Ethereum Price Rallies Over 8% Ethereum price managed to stay above $3,000 and started a fresh increase,…

Have you heard the groundbreaking news? Numerai just secured $30 million in Series C funding, catapulting this innovative crypto hedge fund to a $500 million valuation. This massive investment signals growing confidence in the fusion of artificial intelligence and decentralized finance. What Makes Numerai Series C Funding So Revolutionary? The Numerai Series C funding represents a significant milestone for crypto-native investment platforms. Led by a prestigious university endowment fund, this round validates the platform’s unique approach to quantitative trading. Moreover, it demonstrates institutional confidence in blockchain-based financial models. Numerai combines three cutting-edge technologies: Machine learning algorithms for market prediction Cryptocurrency…

The UK doesn’t pass many one-clause statutes that redraw the map of personal property, but that’s exactly what arrived with Royal Assent on Dec.2. After years of academic papers, Law Commission consultations, and scattered High Court judgments trying to make old categories fit modern assets, Parliament finally said that digital and electronic assets can exist as their own form of personal property, not because they’re shoehorned into something else, but because they function as objects in their own right. This establishes a third category of personal property in English law, one that sits alongside “things in possession” (physical goods) and…

Boros, a popular DeFi platform, has collaborated with the leading crypto exchange OKX. The partnership aims to enable the trading of funding rates for the exclusive ETHUSDT and BTCUSDT markets. As Boros mentioned in its official X announcement, these markets utilize $ETH and $BTC in the form of collateral. Hence, the development aligns with the company’s objective of delivering collateral-flexible trading settings. You can now trade funding rates from @OKX!To start, we’ll be introducing 2 markets (30 Jan 2026 Maturity):🔹BTCUSDT (BTC collateral)🔹ETHUSDT (ETH collateral) pic.twitter.com/glUpCjGQkG — Boros (@boros_fi) December 10, 2025 Boros Advances Cross-Exchange Funding Rate Trading with OKX Integration…

Decentralized finance (DeFi) protocols Ethena and Based released a Hyperliquid and HIP-3 frontend, HyENA, on Dec 9. More than $50 million of total volume was traded on HyENA in its opening two days, making it the second-largest permissionless perpetual market on Hyperliquid, only trailing Hyperunit’s TradeXYZ. The launch comes less than a month after Hyperliquid rolled out “growth mode,” which lowered HIP-3 fees by 90% to incentivize activity and development. While HyENA leapfrogged most of the competition, it still makes up less than 5% of TradeXYZ’s volumes, which crossed $1.1 billion over the same 48-hour period. It is worth noting,…

Imagine waking up to news that six of Japan’s largest asset management firms are actively exploring crypto funds. This isn’t speculation – it’s happening right now as Japan’s financial landscape undergoes a dramatic transformation that could reshape how institutional investors approach digital assets worldwide. Why Are Japanese Asset Managers Embracing Crypto Funds Now? The timing couldn’t be more significant. Japan’s Financial Services Agency is currently reviewing a proposal that would allow the establishment of cryptocurrency investment trusts. This regulatory shift has triggered unprecedented interest from major players including: Mitsubishi UFJ Asset Management Nomura Asset Management SBI Global Asset Management Daiwa…