Author: NBTC

South Korea’s first crypto market manipulation case under the Virtual Asset User Protection Act is moving into a critical appeal phase on June 11. According to a local media report, the Seoul High Court will now review whether prosecutors can prove roughly 7.1 billion won, or roughly $5.1 million, in alleged illegal gains. The case has become a major test for South Korea’s new digital asset enforcement system, especially on how courts measure profits from unfair crypto trading. Appeal Puts $5.1M Profit Claim at the Center The case began after authorities accused the head of a crypto asset management firm…

Is the global financial system heading toward a breaking point? So far in 2026, markets have repeatedly raised the possibility of a 2008-style crash. Based on current macro data, this is no longer just a theory. The main driver behind this narrative is rising borrowing costs. Sovereign debt markets are under clear pressure. The 30-year U.S. Treasury yield has moved above 5.14%, while Japan’s 10-year government yield has climbed to 2.80%. Together, these moves are tightening global liquidity. Yet, in this setup, some in the market are viewing it as a potential trigger for a Bitcoin [$BTC] supercycle. Source: TradingEconomics…

The two biggest DeFi exploits of the past two months have one thing in common. They used a tool that does not exist on the $XRP Ledger. Thorchain lost roughly $10.8 million on May 15 to a cross-chain attack that drained funds across Bitcoin, Ethereum, BSC, and Base. Drift Protocol, a Solana-based decentralized perpetual exchange, and KelpDAO, a liquid restaking protocol on Ethereum, together accounted for more than $600 million in losses through April alone. Cross-chain bridges have lost over $2.8 billion to attacks since 2021, per Chainalysis. And a significant share of these exploits used some variant of the…

Crypto investor ‘DeFi Dad’ said on Tuesday that once Ether prices reach $5,000, it will take off, mirroring the price action Bitcoin saw almost a decade ago. The last cycle “was so off for $ETH, despite all that’s been built on Ethereum,” he said, citing major institutional involvement, stablecoins, and ETFs. “Fundamentals clearly needed time to catch up with price, and we over-corrected as we normally do in crypto.” $ETH to $20K or $1,500? He forecast $ETH could rise tenfold to around $20,000 in the next bull market by mirroring Bitcoin’s 2017 fractal patterns, with explosive gains in 2027 to…

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Coinbase co-founder Fred Ersham considers investing in Venezuela, Grupo Salinas partners with Anchorage Digital, and Brazil bans a bank from conducting foreign crypto trades. Key Takeaways: Worth $2.6B, Coinbase’s Fred Ersham met officials to explore investments in Venezuela’s financial revival. Mexico’s Grupo Salinas tapped Anchorage Digital to next use a stablecoin system for cross-border flows. Over $1.7B in illicit flows, Brazil fined Banco Topazio, and enforced a 2-year crypto trading ban. Coinbase Co-Founder Meets with US and Venezuelan…

We’re almost halfway through Q2, and the cycle is already exhibiting some clear divergences. The main standout is Cardano [$ADA]. $ADA is up over 13% so far this quarter, even outperforming Ethereum [$ETH], pushing the $ADA/$ETH ratio up 4% – Its strongest quarterly performance since the Q1 2025 cycle. For a chain often labeled a “ghost chain,” Cardano’s price action is starting to look more convincing. Notably, across major exchanges, $ADA positioning is leaning clearly bullish, with traders steadily shifting into long exposure in line with the broader technical setup. Still, given $ADA’s history of sharp reversals and volatile swings,…

Yuzo Kano, the chief executive of Japanese cryptocurrency exchange bitFlyer, has publicly criticized a government proposal to significantly raise capital gains taxes on stock sales by company founders and executives, warning the policy would drive skilled entrepreneurs and innovators out of the country. Kano’s Concerns Over Tax Policy Speaking to reporters in Tokyo, Kano argued that compensation for venture founders in Japan is already “at a very low level” compared to global standards. He noted that most startup founders receive almost no initial salary, often relying on the future value of their equity to sustain their work. Kano shared his…

Bitcoin has remained on the downside, frequently retesting its previous lows as the broad crypto market continues consolidating. Amid this, Bitcoin’s network activity has slowed significantly, as the number of active addresses on the Bitcoin network recently dropped below 500,000 according to data showcased by crypto analyst Ali Martinez. Bitcoin long-term holders show conviction It appears that short-term holders are increasingly growing weak and they are exiting the market as the analyst revealed that Bitcoin’s on-chain activity has cooled significantly over the past two weeks. Per the data, the number of active wallet addresses holding Bitcoin has dropped from 821,000…

In a groundbreaking move to advance the functionality of its DeFi ecosystem and offer users more innovative and streamlined experiences, Okratech Token, a blockchain platform with a focus on freelancing and decentralized finance, today entered into a strategic partnership with UXLINK, a Web3 social growth platform. This collaboration facilitated the integration of Okratech’s DeFi ecosystem with UXLINK’s decentralized social infrastructure (which includes Web3 social protocols and a series of DApps) to drive wider adoption of decentralized finance and digital asset utility by making these offerings more innovative, effective, and accessible for global users. 🤝 Okratech Token x UXLINKWe are excited…

Bankless co-founder David Hoffman said he sold his $ETH after reassessing the long-running “$ETH is money” thesis. In a May 26 X post, Hoffman wrote that Ethereum has earned its current market position, but he sees less room for $ETH to receive a new structural rerating from the market. Hoffman said the sale does not mean he has turned bearish on Ethereum. He said he remains bullish on the network and its ecosystem, while arguing that only part of that growth may flow back to $ETH itself. He framed the decision as a capital allocation move after concluding that “the…