Author: NBTC

Banking giant Citi and SIX Digital Exchange (SDX), the digital assets-focused arm of Switzerland’s main stock exchange, are teaming up to tokenize non-publicly traded shares in a move to streamline a $75 billion market that’s littered with PDFs and paper documents. Citi will act as a custodian and issuer agent for tokenized versions of late stage, pre-IPO equities on SDX’s regulated blockchain-based Central Securities Depository (CSD) platform, the companies said on Tuesday. Citi said the platform, which is expected to go live in the third quarter, will exclude U.S. investors, but is otherwise global with an initial focus on Switzerland,…

According to respected blockchain sleuth Whale Alert, which monitors high-volumed cryptocurrency transfers, a massive amount of cryptocurrency has been moved over the past two hours. This transfer carried almost $107 million worth of the fourth-largest coin, XRP. This aligned with a substantial XRP price move upwards triggered by important recent developments in the market. $106,691,613 in XRP on the move The above-mentioned source revealed that a significant amount of crypto, namely 46,495,041 XRP worth $106,691,613, has been transferred between two wallets marked by Whale Alert as anonymous. XRPscan did not shed any light on the source or destination wallets, confirming…

BlackRock, one of the world’s largest asset management companies, held an important meeting with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on May 9. During the meeting, issues such as staking practices, tokenization of securities, approval standards for crypto exchange-traded funds (ETFs) and defining option transactions for these ETFs were discussed. BlackRock, which requested the meeting, introduced its digital asset product portfolio by making a presentation to SEC officials. The company’s products such as IBIT (Bitcoin ETF), ETHA (Ethereum ETF) and BlackRock USD Institutional Digital Liquidity Fund (BUIDL) were evaluated in light of market developments. BlackRock also…

The American financial services firm Robinhood is said to be preparing the rollout of its own blockchain, according to two individuals with direct insight into the initiative. Sources noted that both Arbitrum and Solana have been evaluated as potential partners in the project’s development. Robinhood Plots Bold Blockchain Leap Much like its counterparts in the digital asset financial sphere, Robinhood is reportedly developing a proprietary blockchain network designed to enable European clients to trade U.S. equities, according to a Bloomberg report, which cited two individuals with knowledge of the alleged project. Bloomberg’s Muyao Shen noted that Robinhood Markets Inc. has…

Bitcoin (BTC) surged decisively past the $100,000 milestone, trading near $102,500 with a solid 4.7% gain over the past 24 hours. This significant move comes with growing signals of institutional crypto adoption, highlighted by fresh corporate announcements. A recently uploaded video showed Jetking CEO Harsh Bharwani revealing his company’s plans to increase its Bitcoin holdings in a notable adoption move. JUST IN: INDIAN PUBLIC COMPANY JETKING CEO SAYS HE IS RAISING BILLIONS TO BUY 18,000 #BITCOIN CORPORATE ADOPTION GOING PARABOLIC 🚀 pic.twitter.com/izDP6zBZK5 — The Bitcoin Historian (@pete_rizzo_) May 7, 2025 Jetking CEO Unveils Multi-Stage Bitcoin Accumulation Plan According to Bharwani,…

Ethereum (ETH) broke out ahead of the entire crypto market, after months of sideways trading under $2,000. The current ETH rally led to over $430M in liquidations for the past 24 hours. Ethereum (ETH) showed its ability to rally, adding over 20% in a single day. ETH recovered to $2,445.37, gaining to 0.023 BTC. The strong daily price move, however, directly attacked short positions. ETH recovered as BTC traded at $103,419.00, boosting all other coins and tokens with increased optimism. As a result, ETH was the leader in short liquidations, with over $430M in the past 24 hours. Short liquidations…

By Omkar Godbole (All times ET unless indicated otherwise) As bitcoin (BTC) and the wider crypto market await the Fed’s rate decision on Wednesday, an anomaly has emerged that could weigh heavily on market mood: renewed doubt over the passing of U.S. crypto regulation. Early Tuesday, CoinDesk reported that Senate Democrats are hesitant to push forward landmark stablecoin legislation, citing concerns over President Donald Trump’s growing personal gains from his crypto ventures. When Trump took office, many observers felt crypto regulation would proceed smoothly. Looking back, that optimism was probably misplaced. With the president actively involved in digital assets through…

Filecoin’s PDP enables fast, verifiable data access without sealing delays, making decentralized storage suitable for real-time use. Combined with Fast Finality, Filecoin now supports low-latency apps while keeping decentralization and transparency intact. Until recently, many people only knew Filecoin as a place to store cold data, aka long-term archives. But now the story has changed drastically. Through the launch of a new technology called Proof of Data Possession (PDP), Filecoin has officially entered the world of fast, lightweight, and instantly accessible data storage. This is not only about system updates; it actually opens a new door for decentralized storage prepared…

Cathy Yoon commended Commissioner Peirce’s remarks on crypto regulation but expressed concerns over her idea of a regulatory sandbox. The Securities and Exchange Commission has radically shifted its policy on crypto, bringing voices such as that of Commissioner Hester M. Peirce to the forefront. However, some still believe that her pro-crypto approach has important limitations. Cathy Yoon, General Counsel at Wormhole Foundation, recently commented on the remarks made by Commissioner Peirce. While she agreed to some extent that regulatory exemptions for crypto are needed, she criticized Peirce’s idea of a regulatory sandbox. You might also like: SEC’s Hester Peirce pushes…

NODO and daGama have revealed their strategic partnership to create new location-based services through the integration of blockchain and AI technology. The collaboration unites two innovative platforms: NODO, with its AI Agent Powered Liquidity Management Vaults, and daGama, with its consumer app that provides trusted blockchain-powered location recommendations using intelligent systems. We’re excited to announce our partnership with @dagama_world, a Real World Locations platform using blockchain and AI to bring authenticity back to recommendations and real-world discovery.While NODO builds AI Agent Powered Liquidity Management Vaults, daGama applies… pic.twitter.com/kDDHWAL4NP — NODO (@Official_NODO) May 7, 2025 Enhancing Real-World Discovery with AI and…