Author: NBTC

Non-fungible tokens (NFTs) are continuing their multi-year downtrend, with prices and volumes plummeting after OpenSea’s first XP crate distribution. Legacy NFT collections such as Bored Ape Yacht Club and Pudgy Penguins are down more than 50% since the summer, when the market rallied following the start of OpenSea’s chest farming system. However, following the first chest distribution, OpenSea NFT volumes are now down 48% over the last week, and Blur’s are down 60%. Falling volumes are being reflected in asset prices. Bored Ape Yacht Club is down 26% over the last month to 6.55 ETH, or $24,000, its lowest price…

A plaintiff in the Argentine criminal case investigating the LIBRA scandal has requested the immediate arrest of two figures close to President Javier Milei, who were associated with the February token launch. Recent developments in the investigation also revealed that Milei significantly underestimated the number of Argentine retailers impacted by LIBRA’s price drop. Judge Weighs Arrest Request The ongoing LIBRA scandal investigation in Argentina continues to complicate the position of figures closely associated with the token launch. This week, both the congressional commission and the parallel criminal investigation into the LIBRA scandal saw new developments. Martín Romeo, a crypto expert…

After years of decline, the crypto market now witnesses a powerful comeback of Initial Coin Offerings (ICOs). From projects raising tens of millions of dollars in minutes to the involvement of major players like Kraken and Andre Cronje, the ICO return in 2025 is stirring both excitement and anxiety among investors. Is this the beginning of a new growth cycle or the prelude to another speculative bubble? ICO Comeback – When the Market’s Capital Hunger Meets Easing Regulations The ICO return is not an isolated phenomenon; it’s quickly shaping into a global trend. Within a few weeks, the market has…

Tether’s artificial intelligence (AI) research arm has unveiled QVAC Genesis I, the largest synthetic dataset ever created for AI training, comprising 41 billion text tokens. The dataset is designed to improve reasoning and precision in science and engineering-focused language models, with benchmarks showing strong performance across mathematics, physics, biology, and medicine, according to an emailed announcement on Friday. Alongside Genesis I, Tether unveiled QVAC Workbench, a local AI app enabling users to run, train, and interact with models directly on their own devices. The app supports leading open models, including Llama, Medgemma, Qwen, and Whisper, while keeping all data private…

Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC), will release its long-awaited metaverse project, named Otherside, next month. The company shared the news during its ApeFest event in Las Vegas, reviving the BAYC brand beyond non-fungible tokens (NFTs). In 2022, Yuga Labs raised $450 million to build Otherside but stayed silent for over two years. The Otherside metaverse will finally be available next month, on November 12. Otherside competes with Fortnite, Roblox and Minecraft Otherside combines gaming and social interaction, but with blockchain integration. Users can play just like they do on Fortnite, Roblox, and Minecraft. They…

A new class action lawsuit filing paints Meteora founder Benjamin Chow as the mastermind behind the notorious Libra andMelania meme coins, and asserts that the notable public figures—First Lady Melania Trump and Argentine President Javier Milei—who promoted them aren’t to blame for the alleged “crimes” related to the “scam tokens.” The claims come courtesy of the latest filings in Hurlock v. Kelsier Ventures, a fraud and racketeering class action lawsuit with Meteora, Chow, and others listed as defendants. The complaint specifically focuses on the launch of five tokens, with the Milei-promoted LIBRA and Trump-linked MELANIA being the highest-profile of the…

The Bitcoin mining industry is becoming increasingly competitive, with so-called tier-2 operators closing the gap on established leaders in realized hashrate — a sign of a more level playing field following the 2024 halving. According to The Miner Mag, companies such as Cipher Mining, Bitdeer and HIVE Digital have rapidly expanded their realized hashrate after several years of infrastructure growth, narrowing the distance to top players like MARA Holdings, CleanSpark and Cango. “Their ascent highlights how the middle tier of public miners — once trailing far behind — has rapidly scaled production since the 2024 halving,” The Miner Mag wrote…

On October 24, 2025, a new step in blockchain interoperability was made by the disclosure of the BTCBwBTC Bridge, the BTCtowBTC Bridge, in a post by OxDavinci. BOB is a hybrid Layer 2 network that bases its finality on the blockchain of Bitcoin and is an EVM-compatible optimistic rollup. The design enables it to adopt the security assurances of Bitcoin and apply the developer tools to create Ethereum applications, including Solidity, Truffle, and Hardhat. The integration will make it possible to deploy DeFi, AI, and privacy-oriented applications without shifting BTC off-chain or utilizing wrapped tokens. For years, Bitcoin’s power has…

Key Takeaways SEC Chair Paul Atkins reinforces that market oversight continues despite a federal government shutdown. SEC operations have been disrupted, especially impacting approvals for new crypto financial products such as ETFs. SEC Chair Paul Atkins warned today that market oversight will continue despite the ongoing federal government shutdown that has disrupted agency operations. The shutdown has gridlocked the SEC, preventing it from processing approvals for new crypto-related financial products like ETFs, highlighting ongoing market vulnerabilities. Atkins has publicly committed to facilitating innovation in crypto by creating internal project management for faster approvals, directly addressing past regulatory lags. The SEC…

Core Scientific has reported a decline in third-quarter revenue as the US-based digital infrastructure provider transitions away from Bitcoin mining and toward high-density colocation (HDC) services, while its pending $9 billion all-stock acquisition by CoreWeave continues to hang in the balance. The Nasdaq-listed company saw its total revenue for the fiscal third quarter of 2025 fall to $81.1 million, down from $95.4 million a year earlier. A 55% decline in Bitcoin mined led to digital asset self-mining revenue dipping from $68.1 million to $57.4 million. However, the impact of the decline was partially offset by an 88% rise in the…