Author: NBTC

Nakamoto Holding’s share price has plunged more than 98% from its all-time high in May. The drop stemmed from its $563 million private investment in public equity (PIPE) deals, which triggered heavy selling by investors. The Bitcoin treasury firm’s financing model sold heavily discounted shares to private investors to fund Bitcoin purchases, which massively diluted existing shareholders. The deal flopped after the launch of a large batch of PIPE shares for sale in September. Bailey seeks to fold Nakamoto with other companies The NAKA chart looks absolutely disgusting. These PIPE deals are destructive and may be impossible to come back…

Australia’s competition regulator is suing Microsoft, alleging the software giant deliberately misled 2.7 million customers about cheaper subscription alternatives when it forced its AI assistant, Copilot, into Microsoft 365 plans alongside steep price increases. The Australian Competition and Consumer Commission filed proceedings on Sunday against Microsoft Australia and its U.S. parent corporation, alleging the company provided subscribers with false information about their options after integrating Copilot into personal and family plans on October 31 last year. Microsoft reportedly told auto-renewing subscribers they had two choices: accept Copilot integration with higher prices, or cancel their subscription entirely, according to the ACCC. …

SwissBullion.eu now accepts XRP and Ethereum payments for gold, silver, platinum, and palladium purchases. The firm aims to offer faster, borderless settlements and expand access for international clients. SwissBullion.eu, a leading European precious metals dealer, has expanded its accepted payment methods to include Ripple’s XRP and Ethereum (ETH). The firm, which already supports Bitcoin and major stablecoins, stated that the addition of these two assets is part of a growing client demand for faster, borderless payment options. Precious metals dealer SwissBullion now accepting #XRP and ETH for precious metals purchases. (They mislabel it as “Ripple” in the p/r in places).…

Canaan Inc. has pulled the curtain back on its next-generation Avalon A16 series bitcoin miner, revealing the A16XP model at the Blockchain Life 2025 summit in Dubai. The new ASIC-powered machine flexes 300 terahash per second (TH/s) with a lean energy efficiency rating of 12.8 joules per terahash (J/TH). Canaan Launches 300 TH/s Avalon A16 According to the media release, the A16XP, an air-cooled mining machine, aims to give miners a sharper edge in an increasingly competitive environment where every joule counts. The company says, Canaan’s signature durability and reliability, the machine is designed to help mining operators maintain uptime…

Jamaicans have rushed to download Jack Dorsey’s decentralized peer-to-peer messaging app Bitchat as the fatal Hurricane Melissa continues to rip through the Caribbean. Bitchat — which uses Bluetooth mesh networks for internet-free, encrypted communication — is now the second-most downloaded app on the Apple App Store and Google Play in Jamaica, offering a lifeline for 2.8 million people as internet coverage continues to falter in the region. Bitchat only trails weather forecast platform Zoom Earth — indicating that two of Jamaican’s most basic needs right now are to know what the weather is, and to communicate with one another. Bitchat’s…

Coral Finance, a popular DeFAI application layer, has partnered with BOOM Foundation, a prominent decentralized AI data ecosystem. The partnership is aimed at utilizing the AI-led data layer of BOOM Foundation to refine the DeFAI engine of Coral Finance. As Coral Finance’s official social media announcement discloses, the collaboration is set to offer more precise consumer profiling as well as real-time AI-led strategies. Hence, the development denotes a landmark move in merging AI innovation and the advancing DeFi network. Excited to announce the partnership with @BOOM_FND, the pioneer AI-powered data incentive layer.The raw user data captured by BOOM Foundation from…

On October 30, both U.S. spot ETFs continued their two-day streak of sell-offs. Bitcoin ETFs recorded $488.43 million in outflows, while Ethereum ETFs recorded $184.31 million. Neither of the funds recorded any gains for the day, as per SoSoValue data. Bitcoin ETFs Breakdown Bitcoin ETFs saw a combined $488.43 million in inflows, with BlackRock reporting the largest of $290.88 million. Other funds like Ark & 21Shares ARKB $65.62 million, Bitwise BITB $55.15 million, and Grayscale GBTC $10.01 million, posted a moderate amount of sell-offs. Smallest ETF outflows were posted by Grayscale BTC $8.49 million, Invesco $7.9 million, and VanEck HODL…

Australia’s crypto industry has largely backed the government’s draft crypto legislation released last month, but has still responded to a Treasury consultation with demands for further clarity. “The draft legislation, as it stands, leaves some critical questions unanswered,” Caroline Bowler, the former CEO of crypto exchange BTC Markets, said in a statement. “We support the government’s intent to bring structure to the digital asset sector. But structure must come with clarity.” On Friday, the Treasury concluded a consultation that began in late September on draft rules extending finance sector laws to crypto exchanges. Assistant Treasurer Daniel Mulino addressed a crypto…

GFH App to enable instant crypto-to-fiat payments via Binance Pay. The partnership boosts Bahrain’s role in GCC digital finance innovation. Central Bank of Bahrain backs the service with PSP and stablecoin rules. Bahrain’s GFH Financial Group has become the first Islamic investment bank in the Kingdom to integrate cryptocurrency payments directly into its banking app, marking a major milestone in the nation’s digital finance journey. The partnership with Binance Pay enables GFH clients to perform real-time crypto-to-fiat transactions, bringing blockchain technology closer to traditional banking in Bahrain. A first for Bahrain’s banking sector Through this collaboration, GFH customers can now…

CleanSpark, the Las Vegas bitcoin miner, is now building AI data centers alongside its mining operations. The company is shifting into artificial intelligence infrastructure while still running its bitcoin business. The CEO explained the plan on CNBC’s “Crypto World” and said this model will likely become common among miners. CleanSpark recently won a 100‑megawatt site in Cheyenne, Wyoming, beating Microsoft for the contract. The CEO said the deciding factor was speed. CleanSpark built a 100‑megawatt mining site in about six months, while building a full AI data center can take between three and six years. “We were able to scale…