Author: NBTC

Paradigm co-founder and CEO Anand has revealed how his team rebuilt after the FTX collapse and detailed their strategic push to build Paradex, an on-chain exchange designed to remove the risks of centralized settlement. Speaking on a podcast, he recounted losing personal funds and watching the firm’s half-a-billion-dollar-a-day futures business at FTX “disappear overnight.” FTX creditors will succeed. Light shines brightest after the darkest timesPleasure to sponsored by Paradex and doing my best to help FTX creditors get what we deserveFTX creditors please sign up – airdropshttps://t.co/MhYf7YAdgmOptions, Perps are risky. Not FA, DYOR https://t.co/rqKvELbzOb — Sunil (FTX Creditor Champion) (@sunil_trades)…

The Bitcoin (BTC) mining difficulty, the average difficulty level for mining a block on the network, climbed to a new all-time high of 134.7 trillion on Friday. Network difficulty hit a previous all-time high in August and steadily rose throughout the month, despite projections that network difficulty would decrease. Bitcoin’s hashrate, the average of the total number of hashes per second from all miners on the network, has fallen to 967 billion hashes per second, down from the all-time high of over 1 trillion hashes per second recorded on August 4, according to CryptoQuant. Bitcoin mining difficulty climbs to new…

Crypto analyst Astronomer (@astronomer_zero) says his long-standing bottom thesis on the ETH/BTC pair has played out and published explicit cycle targets anchored to the cross. In a chart shared on X, he reiterated that “ETH bottom call” is in and framed the roadmap entirely through ETH/BTC levels rather than ETH/USD, arguing that Ether’s outperformance typically follows Bitcoin’s impulse and that “all major liquidity comes from BTC.” How High Can Ethereum Go This Cycle? Astronomer’s post centers on a multi-month “zone” on ETH/BTC that he had marked in advance as a potential cyclical inflection. He writes that the call looked “delusional”…

AI company Anthropic, the developer of the Claude family of large language models, has reached a $183 billion valuation following its latest funding round — a dramatic increase from the start of the year that underscores the accelerating growth of AI applications. The company disclosed Tuesday that it closed a $13 billion Series F round co-led by venture firms ICONIQ Capital, Fidelity Management & Research Company and Lightspeed Venture Partners. Some of North America’s most prominent investors also joined the raise, reflecting the surge in institutional interest in artificial intelligence as a disruptive technology. Backers included Altimeter, Baillie Gifford, Coatue,…

John Deaton, a renowned pro-XRP attorney, has acknowledged the major role played by the XRP community, generally referred to as the XRP army, in the long Ripple v. SEC legal battle. In a post on X, Deaton highlighted the influence the community had on the final outcome of the lawsuit. How XRP army impacted Ripple’s legal defense Notably, Deaton is pushing back on the narrative by skeptics that the XRP army had no impact on the case. He insisted that the efforts of the XRP army swayed Judge Analisa Torres and subsequently had an effect on her ruling. According to…

KuCoin, one of the world’s renowned cryptocurrency exchanges, has announced the launch of KuCoin Pay, the platform’s instant crypto payment solution. This initiative represents a significant step forward in creating a link between digital assets and everyday payments. The launch allows users to shop, scan, and pay securely and instantly from coffee shops to supermarkets. 📱 Pay in seconds, anywhere.KuCoin Pay is now live in Southeast Asia.From coffee ☕ to supermarkets 🛒, shop, scan, and pay securely with VietQR and QR Ph using KuCoin Pay.Try it today 👉 https://t.co/kR7k5O6KZm#KuCoinPay pic.twitter.com/UJkPuvNiRg — KuCoin (@kucoincom) September 3, 2025 With this initiative, KuCoin…

Raoul Pal, founder and chief executive officer at Global Macro Investor, has predicted that Ethereum (ETH) will outperform Bitcoin (BTC) during the current cycle. Pal’s view echoes the emerging consensus within the cryptocurrency sector. Various cryptocurrency analysts, including Chris Burniske, co-founder of New York-based venture capital firm Placeholder, are also betting on ETH’s overperformance. Fundstrat’s Tom Lee, who is also the chairman of Ethereum treasury firm Bitmine, has predicted that the flagship alternative cryptocurrency will ultimately be able to surpass Bitcoin by market capitalization, which has long been a pipe dream of ETH proponents. Ethereum comes close to $5,000 On…

Crypto platform Bullish (BLSH), the parent company of CoinDesk, said Tuesday that it has named David LaValle, a longtime figure in the exchange-traded fund industry, president of CoinDesk Indices and Data. LaValle joins from Grayscale Investments, where he spent four years as global head of ETFs. Hired in 2021, he was instrumental in efforts to uplist the Grayscale Bitcoin Trust (GBTC) into a spot bitcoin ETF, working with authorized participants and launch partners. That product, once the largest bitcoin BTC$111,241.82 investment vehicle in the world, successfully converted in January 2024 after a landmark court ruling against the U.S. Securities and…

The U.S. Commodity Futures Trading Commission has freed up prediction market firm Polymarket’s QCX acquisition from certain disclosure and data requirements as the company moves forward in its U.S. business offerings. QCX, which got its license to start operations in July before it was snatched up later that month by Polymarket, has been granted a “no-action letter” from the CFTC, allowing it to operate in specifically defined ways without drawing enforcement attention. The firm was acquired by Polymarket in hopes of its official return to U.S. business, which it was forced to abandon in 2022 under direction from the regulator.…

Alchemy Pay, a renowned fiat-crypto payments firm, has partnered with Fiat24, a popular fintech platform. The partnership aims to bolster Web3 Digital Bank service of Alchemy Pay by enabling users to leverage crypto cards and open Swiss IBAN accounts. Alchemy Pay’s official press release discloses that the development denotes its resilient commitment to combining blockchain technology and the regulated banking in Europe. Keeping this in view, the collaboration focuses on bridging the gap that exists between digital assets and conventional finance for a worldwide user base. 🏦 #AlchemyPay has partnered with Swiss-regulated @Fiat24Official to power our Web3 Digital Bank solution!Global…