Author: NBTC

In a significant move for South Korea’s crypto landscape, Dunamu, the powerhouse behind the Upbit exchange, has successfully renewed its crucial Virtual Asset Service Provider (VASP) license. This regulatory green light from the Financial Intelligence Unit (FIU) solidifies Upbit’s position and assures millions of users of its commitment to secure, compliant operations. Let’s explore what this VASP license renewal means for the market and your digital assets. Why is the VASP License So Critical for Upbit? The VASP license is not just a piece of paper; it’s the cornerstone of legal cryptocurrency exchange operation in South Korea. Think of it…

The stablecoin sector finally hit a speed bump this week, trimming $1.925 billion from its market cap after a long winning streak. Leading the cutback was Ethena’s USDe, which slipped 7.91%. To make matters spicier, two stablecoins also lost their dollar composure, wobbling off their $1 targets like rookies at a balancing act. Stablecoin Watch: Mid-Tiers Shine While Giants Wobble The stablecoin arena was anything but quiet this week, with Stream Finance’s XUSD and Stable Labs’ USDX both ditching their dollar pegs in dramatic fashion. It was a tale of triumphs and faceplants — and those two tokens nailed the…

A new lawsuit has reopened scrutiny around the collapse of one of crypto’s most damaging failures. Summary Terraform Labs’ bankruptcy estate is seeking $4B in damages from Jump Trading. The lawsuit alleges undisclosed deals tied to TerraUSD and LUNA’s stability. The case could expose new details about Terra’s collapse through discovery. The legal fallout from the Terra collapse widened again this week. The Wall Street Journal reported on Dec. 18 that the court-appointed administrator overseeing Terraform Labs’ bankruptcy has filed a $4 billion lawsuit against Jump Trading and two of its senior figures in U.S. federal court. Claims tied to…

Midnight (NIGHT) has attracted massive trading volume in December. Many investors expect the price uptrend to continue. Although the price has corrected about 30% from its recent peak, several factors lead traders to believe NIGHT could still surge. Why do investors believe Coinbase and Binance will list NIGHT soon? Binance Alpha supports Midnight (NIGHT) through its airdrop distribution. CoinMarketCap data shows that more than 61% of NIGHT’s trading volume comes from Binance Alpha. As a result, investors believe Binance’s official spot listing of NIGHT is only a matter of time. Beyond that, some investors also expect Coinbase to list NIGHT.…

Trump Media and Technology Group (TMTG), the media company associated with US President Donald Trump, now holds more than 11,500 Bitcoin, valued at over $1.3 billion. The disclosure marks the company’s largest confirmed allocation to date and places it among the biggest public-sector corporate holders of Bitcoin. TMTG Bitcoin Holdings Fail to Yield Gains TMTG accelerated its pivot earlier this year when it formally adopted Bitcoin as a core reserve asset. At the time, TMTG said the company turned to BTC to protect itself from what he described as harassment and discriminatory treatment by financial institutions. That argument tied Trump…

A senior promoter who helped orchestrate a multimillion-dollar crypto Ponzi scheme targeting working-class Spanish-speaking investors was sentenced Thursday to 71 months in federal prison. Magdaleno Mendoza received a sentence for his role in IcomTech, a purported crypto-mining and trading company that launched in mid-2018 and collapsed by the end of 2019, according to a statement from the U.S. Attorney’s Office for the Southern District of New York. The scheme falsely promised guaranteed daily returns from crypto trading and mining; instead, it operated as a classic MLM-style Ponzi scheme that recycled new investor funds to pay earlier participants, while promoters siphoned…

Crypto exchange OKX said volume in its licensed and regulated markets increased 53-fold in 2025, driven by its expansion into the United States and the European Economic Area. Citing internal data, the exchange said daily active wallets doubled over the past year, with an average of about 190,000 new wallets created each day, while decentralized exchange volume on its platform rose 262% globally and centralized trading increased 16% over the same period. The company attributed its market growth to an operating model focused on licensed access to regulated markets. OKX expanded across the European Economic Area in January after receiving…

Italy’s banking sector has expressed strong support for the European Central Bank’s (ECB) proposed digital euro project, something it sees as a vital step to retain Europe’s digital sovereignty and reduce dependence on non-European payment providers like U.S.-based card networks and stablecoins. While the Italian banking sector has expressed enthusiasm for the digital euro initiative, the banks are also pushing for a flexible, long-term payment plan to manage the substantial implementation costs, which they have described as “very high” when one considers other ongoing capital expenditures. “We’re in favor of the digital euro because it embodies a concept of digital…

More than 125 organizations and companies are pressing Congress to preserve stablecoin rewards, warning that reinterpreting the GENIUS Act would limit consumer choice, weaken competition, and unravel a hard-won regulatory balance. Industry Coalition Defends Stablecoin Rewards Under GENIUS Act A coalition of digital asset and fintech groups moved to head off potential limits on stablecoin incentives. The Blockchain Association, a Washington-based trade organization representing crypto and blockchain firms, sent a letter on Dec. 18 warning Congress against proposed efforts to reinterpret the GENIUS Act’s stablecoin reward provisions. Lindsay Fraser, chief policy officer at Blockchain Association, shared on social media platform…

Lighter, a perpetual decentralized exchange (perp DEX) and a major rival to Hyperliquid, is fueling airdrop speculation as Polymarket traders bet on a token launch before year’s end. Sebas, also known as Babastianj, a core contributor to the Lighter DEX, announced on the project’s Discord channel Monday that the platform is finalizing key processes ahead of the highly anticipated token generation event (TGE). “We’re in the final stretch of Season 2 and are running data science to remove Sybil, self-trading, and wash-trading points,” he said, adding that all slashed and removed points are planned to be redistributed to the community.…