Author: NBTC

A $13.2 million class action settlement for BlockFi investors moved closer to approval after the sole remaining objector abandoned his challenge. That could remove the final hurdle for compensation to thousands who lost access to funds when the crypto lender imploded in 2022. Attorneys for lead plaintiffs filed a letter on Wednesday with U.S. District Judge Claire Cecchi, confirming that Yacov Baron had withdrawn both his motion to intervene and his objections to the proposed deal. “Rapid resolution of the Preliminary Approval Motion will allow Plaintiffs to commence issuing notice to class members and will reduce the potential for complications…

Umy, a platform for Web3 travel booking and lifestyle, has announced its trailblazing collaboration with WebKey, a Web3 smart terminal for consumer-facing. The core purpose of this strategic collaboration is to revolutionize the Web3 travel experience and lifestyles. This partnership aims to empower global users by building an effortless and rewarding travel experience employing DePIN, blockchain technology, and AI within the Web3 sector. 👏 Umy × WebKey Officially Announce Strategic Partnership!We’re excited to share that #Umy is joining forces with #WebKey to deliver a more seamless and rewarding Web3 travel experience for users worldwide ✈️🌍@WebKey01 is the first consumer-facing Web3…

As the crypto market starts heating up again in late 2025, investors are turning their eyes toward the next big opportunity. According to multiple crypto analysts, three altcoins are showing strong potential to deliver 25x returns in the upcoming bull cycle: Polygon (POL), XRP, and MAGACOIN FINANCE—a new project currently in its presale phase that’s generating major buzz across DeFi circles. With Polygon delivering technical upgrades and XRP finally free from regulatory uncertainty, all signs point to massive growth ahead. But it’s MAGACOIN FINANCE—a high-energy, community-driven finance token—that might just deliver the biggest upside of them all. Let’s break it…

India’s ban on real money gaming in August 2025 is one of the clearest examples yet of how decisively the government is willing to act. The Online Gaming Bill, passed on August 20-21, shuts down any platform that involves deposits or stakes, which the law now calls “online money gaming.” An Online Gaming Authority is being set up to enforce it, and the penalties are sharp: up to three years in jail and fines of up to ₹1 crore. Apps Shut Paid Features post Gaming Bill Dream11, MPL, Gameskraft, Zupee, Probo, My11Circle, RummyCulture, and others all suspended their real money…

ChainAware.ai, a leading platform in artificial intelligence (AI) predictive analytics and fraud detection, is excited to announce its groundbreaking collaboration with Snowball Money, a platform that transforms wallet addresses into simple, recognizable identities. The main objectives of this partnership are to create decentralized identity and reputation solutions to increase the level of trust and security across the modular blockchain stack. https://t.co/tODxqMTUfI x Snowball Labs 🤝We’re partnering with @snowball_money , the team building the identity and reputation layer for the modular blockchain stack. Snowball delivers:🔹 Modular Naming Service (MNS) → cross-chain identity, messaging, and wallet reputation… pic.twitter.com/qGVsXz9gEQ — ChainAware.ai (@ChainAware) August…

While Bitcoin and cryptocurrencies are becoming more and more accepted in the United States, an unexpected move came from Pennsylvania Democratic Representative Ben Waxman. While the US national Bitcoin reserve is being discussed, Ben Waxman has introduced Bill 1812, which aims to ban public officials from profiting from cryptocurrencies while in office. Citing corruption concerns linked to US President Donald Trump’s crypto activities, Ben Waxman has introduced a bill that would prohibit officials from profiting from cryptocurrencies while in office. The Pennsylvania lawmaker accused Trump of financially benefiting from crypto projects like memecoin and stated that the law was a…

AscendEX, a prominent crypto exchange, has partnered with ASTRAI, a well-known decentralized compute platform. The main purpose of this collaboration is to utilize the blockchain infrastructure to drive AI innovation as well as optimize GPU utilization across the globe. As AsendEX mentioned in its official announcement on X, the joint effort serves as a landmark step toward combining decentralized finance (DeFi) and artificial intelligence (AI). Keeping this in view, the development is poised to expedite the adoption of AI-led blockchain solutions, unveiling exclusive opportunities for users and developers. 🤝We’re excited to partner with @ASTRAI_official#ASTRAI is a decentralized AI compute and…

With the chairmanship still an open question for the Commodity Futures Trading Commission — likely to be a leading U.S. watchdog for crypto — its interim leader, Caroline Pham, is getting started on recommendations from the recent crypto report of the President’s Working Group. The CFTC, which regulates U.S. derivatives trading and would assume oversight of the bulk of U.S. crypto trading under Congress’ market structure legislation, was at the center of key recommendations in the Trump administration report. So Pham, who President Donald Trump named acting chairman earlier this year, directed the agency to start taking industry input on…

The NFT market has experienced a sharp correction with sales volume dropping by 25.78% to $134 million. This reversal follows the previous week’s recovery. Summary NFT sales fall 25% to $134M, but buyers and sellers both rise over 25% Polygon and BNB post strong gains while Ethereum sales drop 41% Courtyard leads collections with $14.7M sales, CryptoPunks plunge 59% As per CryptoSlam data, despite the sales decline, market participation has continued to expand. NFT buyers have grown by 25.74% to 450,096, and NFT sellers have risen by 25.91% to 321,107. NFT transactions have increased by 6.26% to 1,652,284. The market…

South Korean blockchain game developer Wemade is now facing a significant legal obligation. A recent court ruling mandates the company to pay a substantial sum for WEMIX compensation to its former and current employees. This development sends a clear message across the crypto industry regarding employee agreements and digital asset promises. What’s Behind the WEMIX Compensation Ruling? The Seoul Central District Court delivered a partial victory to a group of plaintiffs on August 22. This civil lawsuit targeted Wemade, ordering the company to pay a total of 9.9 billion won, which translates to approximately $7.1 million USD. This ruling stems…