Author: NBTC

UK-headquartered Revolut, a global financial application with over 60 million customers, has posted a job announcement for a “Crypto Technology Manager” for the UAE. This comes months after it received its in-principle approval for Stored Value Facilities and Retail Payment Services licenses from the Central Bank of the UAE. At the time, Revolut noted that this was a significant achievement, signaling its plans to launch in the UAE with the aim of offering a comprehensive product experience to retail customers. Crypto technology manager will work with local regulators The job post notes that the crypto technology manager is part of…

Alleged secret recordings reportedly cite nearly 10 minutes of conversation that provide one of the clearest windows yet into Senator Ted Cruz’s behind-the-scenes opposition to Trump’s protectionist trade policy. The remarks, made during two closed-door meetings in 2025, come as Trump escalates trade tensions with Canada, threatening a 100% tariff on all Canadian imports over alleged concerns tied to China. Republican Senator Ted Cruz reportedly went against President Trump on his tariff decisions and said he will lose the upcoming midterms in November 👀as per @axios pic.twitter.com/yeck3Wg9w9 — BeInCrypto (@beincrypto) January 25, 2026 Secret Tapes Reveal Cruz’s Private Break with…

With a markup of the Digital Asset Market Clarity Act (CLARITY) in the US Senate Banking Committee postponed indefinitely, leaders in decentralized finance are using the delay to press lawmakers on concerns with the bill. Before Republican leaders on the Banking Committee moved late Wednesday to postpone the markup, crypto industry groups had raised concerns about provisions related to tokenized equities, stablecoin rewards and their potential impact on DeFi platforms. The DeFi Education Fund said on Wednesday that some proposed amendments could “seriously harm DeFi technology and/or make market structure legislation worse for software developers.” Crypto venture capital companies said…

Paradex refunded $650,000 to about 200 users after a planned 30-minute maintenance upgrade on January 19, triggering unexpected liquidations across multiple markets on Paradex Chain. The platform shared a post-mortem on X on January 23 stating that the incident happened when an unexpected scale-up error reset funding indices to zero, distorting funding P&L and forcing liquidations during the brief maintenance window. Paradex confirmed that the issue was operational, not the result of a hack or security breach. Paradex is an on-chain derivatives platform that allows traders to take leveraged, permanent bets while maintaining control over their money, rather than depositing…

River, a prominent DeFi platform, has partnered with OKX DEX, a well-known decentralized exchange. The partnership denotes a significant step toward streamlining decentralized crypto trading by enabling in-app token swaps. As River revealed in its official social media announcement, the collaboration permits consumers to seamlessly swap crypto tokens directly within its app. Hence, by merging its interface with the liquidity of OKX DEX, River endeavors to streamline the way users discover diverse routes and carry out trades. River × OKX DEX is live.Swap directly inside River. One interface to access DEX liquidity, check routes, and execute swaps seamlessly. pic.twitter.com/dQruA8FXdc —…

Tether led crypto protocol revenue in 2025 with approximately $5.2 billion, accounting for 41.9% of total revenue across 168 revenue-generating protocols, according to CoinGecko Research. Summary Tether led all crypto protocols in 2025 with $5.2B, or 41.9% of total revenue. Four stablecoin issuers generated nearly $8.3B, dominating protocol earnings. Trading platform revenue proved volatile, while stablecoins stayed resilient. Stablecoin issuers dominated the rankings, with just four entities generating 65.7% or roughly $8.3 billion of total protocol revenue. Tron ranked second among blockchains with approximately $3.5 billion in revenue, driven by its role as the preferred network for USDT transactions. The…

The crypto industry spent the first three days of this week frantically poring over details of a crypto market structure bill that was ultimately pulled by the Senate Banking Committee some 12 hours before it was supposed to go to a vote. It’s not dead, yet. We might see a new markup scheduled in as few as two weeks. But advocates of the market structure bill did not have a good week. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The hints were there…

XRP Reportedly Spotted as a Payment Option at Select KFC Locations in Phoenix, Arizona Crypto commentator Steph Is Crypto has sparked buzz on social media, claiming that XRP is now accepted at select KFC locations in Phoenix, Arizona. If true, this could signal a notable step toward mainstream crypto adoption. However, KFC, Ripple, and major payment processors have yet to confirm the reports. The post on X, formerly Twitter, claims that select fast‑food outlets in Phoenix are piloting XRP as a payment option. This has sparked excitement in crypto circles, highlighting how rare direct cryptocurrency acceptance remains at major retail…

Charities in South Korea say crypto provides a simple way for donations. They want fewer steps and a system where people can donate crypto with one click inside exchange apps. According to recent stats, South Korea has more than 10 million crypto investors and traders. The market is dominated by retail users trading Bitcoin, Ethereum, and stablecoins. Korean charities started accepting crypto donations because it is more regulated in the country. The Community Chest of Korea, also known as Fruit of Love, is one of the charities that began accepting crypto donations, according to local media outlets. Donating crypto is…

The Securities and Exchange Commission (SEC) of Nigeria has released an updated policy on its crypto capital rule. In its statement, it updated the requirement to two billion naira. The agency claimed the move was made to improve investor protection and align Nigeria with global cryptocurrency standards. The compliance deadline set at June 30, 2027 for the increased capital requirement could force smaller firms to merge while others exit the market permanently. SEC shakes up Nigerian crypto industry with new crypto capital rule According to the SEC, the changes reflect the increase in funds managed by digital platforms in the…