Author: NBTC

Apex Group, a financial services provider with more than $3 trillion in assets under administration, said on Tuesday it had acquired a majority stake in Tokeny, a Luxembourg-based firm that helps institutions tokenize real-world assets (RWA) on public blockchains. According to the deal, Apex expects to take full ownership of Tokeny over the next three years, after first investing in the company in late 2023, Apex said in a press release. The companies did not disclose the terms of the acquisition in the press release, and a spokesperson did not immediately return a request for comment. The acquisition comes as…

A prominent XRP community commentator says soon, XRP will have nothing holding it back, suggesting the judgment day to reveal all the truth is coming. The latest commentary comes amid what many perceive as persistent pressure suppressing XRP’s price growth. Notably, this sentiment dominated the XRP community last year, particularly as XRP remained stuck around the $0.5 price range. Several pundits insisted that the asset had been a victim of price suppression. Still, following XRP’s meteoric price rally above $2 as the year approached an end, mentions of this suppression subsided. However, as XRP again faces bearish pressure at the…

Crypto expert Ashley Prosper highlights conditions that could prompt Judge Analisa Torres to vacate her decision in the lawsuit between the SEC and Ripple. Last week, Judge Torres stunned the broader crypto community, particularly XRP holders, by denying the parties’ motion for an indicative ruling to settle the lawsuit under conditions different from the final verdict. The judge imposed a $125 million fine and a permanent injunction against Ripple following its violation of securities law. However, the parties agreed that Ripple should pay only $50 million instead of the $125 million fine while also setting aside the injunction. Following the…

Key Takeaways Bitcoin gained 13% in April despite a broader market selloff. Ethereum’s dominance in smart contract fees significantly decreased as users migrated to other networks. Bitcoin showed flashes of independence from equities in April, renewing hopes that it’s evolving into a true macro hedge. However, VanEck’s recent data tell a different story. In a monthly recap published on Monday, analysts at VanEck say that the flagship crypto asset still trades closely with traditional markets, as it quickly re-synced with major indices after a brief divergence. Bitcoin briefly showed signs of decoupling from US equities during the week ending April…

AGI Open Network (AON), a well-known platform for developing AI agents, has commenced a groundbreaking collaboration with KLK Sync Protocol, a KLK Chain-powered AI-led financial platform. The partnership aims to boost AI-driven decentralized finance (DeFi) growth by combining the capabilities of both the entities. The platform took to its official social media account to reveal this development. 🥳 We’re excited to announce our strategic partnership with @KLK_Sync🎯 KLK Sync Protocol — a decentralized financial protocol powered by AI and Proof of Collaboration .🌟 Partnership Highlights:🔹Connect AON AI Agents with KSP’s financial infrastructure🔹 Co-create AI +… pic.twitter.com/SeZlhl8WCc — AGI Open Network…

This is a segment from The Breakdown newsletter. To read full editions, subscribe. “Trust is one of the greatest economic forces on Earth.” — Charlie Munger What money will the world trust next? The Spanish dollar (a.k.a. pieces of eight, a.k.a. Spanish peso) was the first global currency. From the 16th through 19th centuries, silver coins minted by the Spanish government circulated on all six of the world’s inhabited continents, and were legal tender on five of them (parts of Europe, Africa, Asia, and both Americas). In many of those places, they were so welcome you could even cut them…

A new report by Phoenix Group and LunarCrush highlights the top cryptocurrencies using AI technology that gain the most social interest. The real-time rankings are based on the number of engaged posts and total social engagement within 24 hours for May 16, 2025. TOP #AI PROJECTS BY SOCIAL ACTIVITY$TAO $VRA $INJ $RENDER $QUBIC $FET $AIXBT $DIA $NEAR $THETA pic.twitter.com/WWvpTBCe18 — PHOENIX – Crypto News & Analytics (@pnxgrp) May 16, 2025 $TAO, $VRA, and $INJ Come on Top The analysis was based on two key dimensions. There are two categories: engaged posts that show the number of likes, retweets, and comments,…

The Iowa Supreme Court has ruled that money paid into a Bitcoin Depot ATM as part of separate scams must be returned to the company, and not to the victims, reversing a lower court ruling. The two scams happened in July 2023 and February 2024, when the corresponding victims were separately contacted by scammers and coerced into transferring Bitcoin worth $14,000 via a Bitcoin Depot ATM in Linn County. Police had seized the deposited cash as part of their investigations but were unable to retrieve the transferred BTC. A district court had ruled that the seized cash, totalling $28,000, should…

The debate over Bitcoin’s OP_RETURN heats up, as developers of Bitcoin Core – the most popular node software – said they plan to scrap OP_RETURN entirely in the next release.The OP_RETURN limit is an 80-byte cap on the amount of arbitrary data that can be embedded in a Bitcoin transaction using a special, unspendable output field. “Large-data inscriptions are happening regardless and can be done in more or less abusive ways,” said Core contributor and Engineer at Blockstream Greg Sanders, known as ‘instagibbs,’ in a post on Github announcing the removal. “The cap merely channels them into more opaque forms…

Flamingo Finance has announced the latest changes to its platform, including a new method for minting its over-collaterialized stablecoin, FUSD, as well as FLM minting changes. USDT to FUSD Users can now directly mint FUSD with USDT on Neo N3, providing an alternative to minting by taking a loan with Flamingo Lend or exchanging for FUSD with Orderbook+ or Convert. The reverse operation is also possible. USDT to FUSD and FUSD to USDT is accessible via the Wrap & Unwrap interface under the Asset Actions tab on the web app. While minting from USDT is not subject to limits, unwrapping…