Author: NBTC

Digital assets service providers in the UK may need to start reporting user data to His Majesty’s Revenue and Customs (HMRC) by 2027. The regulator disclosed this in a recent announcement, stating that it is due to a new regulatory framework. According to the HMRC, which is responsible for tax collection, the country is adopting the Organisation for Economic Development (OECD) Crypto Asset Reporting Framework (CARF) and will extend it to domestic reporting. Under the new framework, the regulator expects all companies categorized as reporting crypto asset service providers (RCASPs) based in the UK to collect and report user data.…

Bitcoin (BTC) tightened its grip on the crypto market on Tuesday, with dominance surging to fresh four-year high as crypto traders rotated into the market’s anchor asset ahead of tomorrow’s key Federal Reserve policy meeting. BTC held steady around the $94,000-$95,000 area, up a modest 0.6% over the past 24 hours and extending a tight-range trading pattern that has persisted since the weekend. Meanwhile, the broad-market CoinDesk 20 Index slipped 0.3% lower, with Ethereum’s ether (ETH), and native tokens of Sui (SUI), Aptos (APT) and Polygon (POL) dragging the benchmark lower. A check on traditional markets showed stocks booking back-to-back…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. A Solidity developer friend of mine reached out on Signal the other day in a tizzy. “I can’t believe this,” he wrote. “How did Ethereum developers let this happen?” He was referring to a recent article worrying about Ethereum’s Pectra upgrade — specifically EIP-7702 — and its supposed ability to let hackers “drain wallets with just an offchain signature.” The piece has been bandied about on X/Twitter, it seems, though not by people I follow. Fears were clearly being stoked in some circles that a new transaction…

During its recently concluded Tokenomics Week, decentralized cloud computing innovator iExec revealed that it was introducing a new circular economic framework to help its native crypto asset — $RLC — become even more useful for internal ecosystem operations. “We have a clear focus on increasing RLC’s utility and growing its value while expanding access to our decentralized privacy infrastructure. Our latest initiatives encourage people to use RLC instead of holding it, driving a circular token economy that creates value through utility.” —company CEO Gilles Fedak Fedak’s statements seemed to further imply that iExec is looking to become the foundational infrastructure…

The US Department of Justice (DOJ) just indicted 12 additional defendants as part of a conspiracy involved in crypto crimes worth $263 million. It accused them of working with Malone Lam, who was arrested last September. Most of the group’s actions involved social engineering scams, but members also stand accused of burglary. Additionally, the DOJ pressed charges against Tornado Cash co-founder Roman Storm today. DOJ Takes On Major Crypto Crimes As part of sweeping pro-crypto regulatory reforms, the US Department of Justice disbanded its Crypto Enforcement Unit and reduced the scope of its investigations this year. However, as today’s indictments…

Ethereum is holding strong above the $2,500 mark after a sharp rally in recent weeks, signaling renewed bullish momentum across the market. The second-largest cryptocurrency by market cap is now consolidating just below key resistance levels, with traders and analysts closely watching price action for confirmation of the next move. Bulls appear to be in control, with Ethereum reclaiming critical levels that were previously broken during months of sustained selling pressure. Market sentiment is shifting fast, and speculation about a broader altcoin bull phase continues to grow. Many investors believe Ethereum’s current structure could be laying the groundwork for a…

Phantom’s PSOL has reached an $8.32M market cap, reflecting rapid growth and strong early demand. PSOL already has over 8,600 holders and strengthens Phantom’s role in Solana’s staking ecosystem. Phantom, one of the most popular crypto wallets in the Solana ecosystem, seems to be getting serious about pushing the adoption of liquid staking. Its new product called PSOL—short for Phantom Staked SOL—has now reached a market cap of around $8.32 million and has over 8,600 holders, according to Dune. Source: Dune Its circulating supply is also impressive, having reached 49,163 PSOL. This figure shows a fairly enthusiastic market response, although…

PayPal’s senior vice president of digital currencies, Jose Fernandez da Ponte, during a panel at Consensus 2025 in Toronto, stated that the key pillars sustaining stablecoin growth are banks and clear regulation. His comments come as lawmakers close to passing stablecoin legislation that could transform the market and open it up to banks and also as the US seeks to update rules around digital assets. For instance, the US Senate is readying for the massive vote on the GENIUS Act, Stablecoin Bill on Monday, 19th May. This came as Senate Majority Leader Jon Thune set up a “cloture vote” to advance the…

Binance Alpha, the research and early investment division of crypto exchange giant Binance, has announced the listing of Xterio (XTER), the native token of Switzerland-based Web3 gaming platform and publisher Xterio. Binance Alpha Lists Xterio (XTER) and Plans to List SOON Token The move reflects growing institutional interest in blockchain-based gaming and digital entertainment infrastructure. Xterio positions itself as a next-generation Web3 gaming ecosystem that combines high-quality game development with blockchain-specific features such as digital asset ownership, NFTs, and decentralized governance. Founded in Switzerland, the platform is known for its partnerships with AAA game studios and a lineup of multiplayer…

A transactional tax established in 2001 puts the Argentine crypto wallet ecosystem at risk, creating disadvantages compared to traditional financial institutions like banks. The industry expects President Milei to rectify this measure, but that has not happened yet. Argentine Crypto Wallet Providers in Disarray as Tax Puts Local Players in Checkmate The Argentine crypto industry, including exchanges and wallet providers, is currently facing a challenging situation due to a tax established in 2001. The “debit and credit tax,” which imposes a 1.2% duty on each cryptocurrency transaction, has put local providers at a disadvantage compared to traditional financial institutions and…