Author: NBTC

After details leaked this week of negotiations between Tether and potential investors over a $15-20 billion private placement, skeptics are asking why the company needs to raise any cash at all. After all, it claims to hold over $105 billion in cash, money markets, and US Treasuries in its reserves. According to Bloomberg, Tether is in negotiations with investors to raise funds in exchange for a 3% stake in Tether Holdings SA. With this fundraise, it hopes to achieve a valuation of $500 billion, a deal that if closed, would rank it alongside companies like OpenAI and SpaceX. Although some…

The US Senate has advanced sweeping AI legislation under the National Defense Authorization Act, compelling chipmakers to serve US customers first before exporting advanced processors abroad.On Thursday, senators passed the Guaranteeing Access and Innovation for National Artificial Intelligence Act of 2026, or GAIN Act, as an amendment to National Defense Authorization Act, requiring AI and high-performance chipmakers to prioritize domestic orders before exporting their products. The GAIN Act also gives Congress the right to deny export licenses for the most high-end AI processors and mandates export licenses for all products containing an “advanced integrated circuit.” “Over the past several years,…

OpenLedger, a popular platform devoted to the deployment of AI models on decentralized networks, is pleased to announce its groundbreaking partnership with Uphold Inc., a prominent multi-asset digital money platform. The basic purpose behind this partnership is to blend transparency and innovation by bringing institutional-grade infrastructure into the core of decentralized artificial intelligence (AI). OpenLedger Announces Strategic Institutional Partnership with UpholdWith @UpholdInc and @UpholdOTC , we’re bringing trusted, institutional-grade infrastructure to the heart of decentralized AI. Trusted by 10M+ users, with $9B+ in assets under custody and over $50B+ in… pic.twitter.com/Nwbgv5wsxj — Openledger Foundation (@OpenledgerFdn) October 13, 2025 Uphold is…

Wall Street showed subdued action as major gauges opened lower after investors reacted to jobs data showing U.S. jobless claims fell to 218,000. Summary Dow Jones slid 120 points while Nasdaq fell 1.15% to lead losses across the major U.S. indexes. The S&P 500 also dropped 0.68% in early trading to see Wall Street risk a third straight day of negative closes. Stocks were wobbly after the U.S. jobless claims data showed initial filings for unemployment insurance dropped to 218,000. After shedding gains in consecutive sessions, U.S. stocks looked shaky in early trading on Thursday. The Dow Jones Industrial Average…

A non-custodial stablecoin wallet provider has unveiled new payment features that are designed to appeal to freelancers around the world. MiniPay now allows users to share virtual bank account details with their clients, enabling them to receive dollars and euros. Once paid, the cash is automatically converted into stablecoins like USDT and USDC. Big news for freelancers, entrepreneur, creators & expats! We’re thrilled to announce that Virtual USD & EUR Accounts have started rolling out inside MiniPay, powered by @Noah_HQ. This is how you get paid globally, simplified 👇 pic.twitter.com/1WLJVFM68n — MiniPay (@minipay) October 8, 2025 From here, the funds…

Minima, leading Layer-1 blockchain protocol, has developed a strategic alliance with Fetch.ai, which is a disruptive company in the field of autonomous agent technology. Such collaboration relates to the integrity of data to intelligent autonomous systems, which may alter how AI agents engage with blockchain data. The agreement will bring together Minima technology of Integritas and Fetch.ai ASI-1, which will lead to the need to transfer between the blockchain verification and the functions of the autonomous agent. This enables AI agents to read and authenticate information on the blockchain meaning that their actions are valid and reliable. Integritas – The…

On-chain asset management is having a strong year, with assets under management (AUM) more than doubling in 2025, according to a new report from investment firm Keyrock and on-chain asset manager Maple Finance. The report found that total AUM across automated yield strategies, discretionary strategies, structured products, and on-chain credit surged 118% to $35 billion so far this year. Three protocols – Morpho, Pendle, and Maple itself – account for 31% of the total. Morpho boasts a total value locked (TVL) on-chain of $7.14 billion, while Pendle has a TVL of $8.3 billion, and Maple’s TVL stands at $2.7 billion,…

The enforcement drive highlights how the government’s>Indian tax authorities are pursuing over 400 high-net-worth individuals across the country for concealing cryptocurrency trades on Binance between 2022-23 and 2024-25. The identified persons evaded tax on crypto profits, with many failing to disclose digital assets held in wallets with the world’s largest cryptocurrency exchange. The Central Board of Direct Taxes has instructed investigation wings in different cities to report their actions by Oct. 17, according to sources familiar with the matter. Many traders used offshore platforms like Binance, hoping they could escape India’s heavy crypto taxation. According to a report by The…

FTX creditor Sunil Kavuri has released a podcast episode with crypto journalist David Morris examining the psychological factors behind Sam Bankman-Fried’s fraud. Kavuri lost over 1.8 million pounds to the FTX collapse and has appeared in multiple documentaries covering the exchange failure. Morris is the author of the upcoming book “Stealing the Future: Sam Bankman-Fried, Elite Fraud and the Cult of Techno Utopia,” scheduled for release on November 11. The 340-page work analyzes the $10 billion fraud that affected approximately 1 million customers worldwide. Joe Bankman: ‘the guy you recommend to head international legal supervision…has already been on tape advising…

Kima Network, a leading decentralized payment infrastructure. has partnered with Humanode, a decentralized crypto platform using biometric verification. The partnership is aimed at redefining security transparency in the Web3 network by guaranteeing that only real humans can take part in community activities and airdrops. As Kima Network has disclosed in its official social media announcement, the development leverages the BotBasher technology of Humanode to deliver Sybil-resistant verification. Hence, this landmark development is anticipated to establish a unique benchmark for trustworthy and transparent engagement in advanced decentralized platforms. 🤝 Kima x Humanode: Verifying Humanity in Web3!Kima has partnered with @humanode_io ,…