Author: NBTC
Abu Dhabi’s financial regulator has fined crypto firm Hayvn and its CEO more than $12 million for AML breaches and unlicensed activity. The Financial Services Regulatory Authority of Abu Dhabi Global Market has taken enforcement action against Hayvn Group and its former CEO, Christopher Flinos, for regulatory breaches and unlicensed crypto activity. In a press release on Monday, April 14, the FSRA said it imposed a total of $8.85 million in fines and cancelled the financial services license of Hayvn. In addition, ADGM’s Registration Authority also imposed a separate fine of $3.6 million, of which $3.3 million was imposed on…
Bitcoin has fallen to levels not seen since November, with investors remaining cautious about further declines. While uncertainty about the direction of BTC continues, CoinShares analyst argued that Bitcoin could quickly recover from the drop by following the trend of the US stock market. CoinShares analyst Christopher Bendiksen noted in a blog post that Bitcoin could experience a rapid recovery after a sharp drop, as it did during the COVID-19 market crash. The analyst noted that BTC’s current situation could repeat the 2020 pattern of sharp decline and recovery. The analyst noted that in 2020, BTC plummeted by more than…
Discussions dominated the XRP and ADA community after Ripple released a video on tokenization, but starting with the Cardano logo. Cardano and Ripple have long been teasing a partnership. Although none has materialized yet, a recent development has fueled optimism among enthusiasts that something may indeed be brewing. Why Ripple’s Tokenization Video Is Trending In a short video now trending on X, cross-border payment giant Ripple identified the opportunity that asset tokenization offers. It teased the real-world asset (RWA) tokenization sector as the next big thing amid growing adoption by financial industry players. The one-minute video highlighted how bringing physical…
Crypto’s moment has seemingly arrived in Washington, D.C., and the industry is trying to make the most of it. But as new organizations hatch and leadership shifts at the top advocacy operations, the field of pro-crypto groups trying to carry the torch is more crowded than ever. No fewer than a dozen groups — including the Digital Chamber, Blockchain Association and Crypto Council for Innovation — are seeking to steer digital assets policies in the U.S., some of them substantially overlapping in their membership bases, funding sources and in the goals they’re seeking to accomplish. Most of the leaders of…
This Bitcoin-focused hedge fund outperformed bitcoin last year. 210k Capital, the hedge fund for UTXO Management, was the fifth best performing single major hedge fund in 2024 according to HFR. It returned 164% net of fees in 2024. UTXO Management is the investing arm of BTC Inc., of Bitcoin Magazine and Bitcoin Conference fame. This article first appeared on Blockspace Media, the leading Bitcoin industry publication dedicated to covering Bitcoin tech, markets, mining, and ordinals. Get Blockspace articles directly in your inbox by clicking here. Single manager hedge funds are run by one entity, versus multi-manager or fund-to-fund hedge funds,…
Kazakhstan’s financial sector recently strengthened ties with the United Arab Emirates (UAE) through a delegation visit from March 26-27. Kazakhstan, UAE to Cooperate on CBDC Development A delegation from Kazakhstan’s financial sector recently visited the United Arab Emirates (UAE) to strengthen collaboration in digital assets and blockchain technology. Held from March 26 to 27, the visit included representatives from the National Bank of Kazakhstan and the Agency for Regulation and Development of Financial Markets (ARDFM), who engaged with key UAE financial institutions and regulatory bodies. According to a statement from the National Bank of Kazakhstan, discussions centered on the expanding…
Cardano founder Charles Hoskinson revealed that integration of Bitcoin on Cardano will be demonstrated live at the 2025 Bitcoin Conference. This announcement has triggered massive interest in the crypto community, as the integration marks a crucial step towards bridging two of the most influential blockchain ecosystems. BREAKING NEWS: BITCOIN ON CARDANO IS CLOSER THAN YOU THINK 😱😱@IOHK_Charles announced that Cardano will have a live integration demo at the 2025 #Bitcoin Conference 🔥 Are you ready for what is coming? pic.twitter.com/xOlif3pmez — Mintern (@MinswapIntern) April 5, 2025 A Vision for Seamless Blockchain Interaction For some time, speculation about the possibility of…
The Ripple v. SEC case was long hailed as the catalyst that would propel XRP to new heights. Unfortunately for the bulls, that isn’t exactly how it has panned out thus far. Ripple Labs Chief Executive Officer (CEO) Brad Garlinghouse announced the end of the case in a March 19 X post. “This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.” However, the Securities and Exchange Commission (SEC) did not comment on the matter in the weeks following the…
The Bank of Russia is reportedly pushing back the digital ruble’s launch to mid-2026 as banks face hurdles in migrating from foreign software amid sanctions. Russia‘s central bank, the Bank of Russia, is considering delaying the full launch of its central bank digital currency — known as the digital ruble — until mid-2026, as banks expected to support it face technical migration challenges, according to a Frank Media report citing unnamed banking executives. The Bank of Russia had initially planned to roll out the CBDC for mass use by July this year but later decided to push the date further.…
HyperLend has integrated RedStone’s modular oracle protocol to ensure secure and reliable price feeds for its lending operations. Modular oracle protocol RedStone (RED) now powers HyperLend, the first lending platform built on Hyperliquid (HYPE) Ethereum Virtual Machine. This integration enables HyperLend to securely operate its lending platform with reliable and accurate price data from RedStone. HyperLend is a lending protocol based on Aave (AAVE), adapted for the Hyperliquid ecosystem. It provides proven, secure infrastructure with features tailored for traders and market makers—real-time leverage, dynamic interest rates, and deep liquidity. The mainnet launched on March 24 on Hyperliquid EVM. The project…