Author: NBTC

Anchorage Digital, a federally chartered crypto bank and custodian, said on Monday it has signed a definitive agreement to acquire stablecoin issuer Mountain Protocol as part of its strategy to deepen support for institutional stablecoin use. Anchorage said it plans to fold the Mountain’s technology, team and licensing structure into its own operations, pending closing procedures and regulatory sign-off. “Stablecoins are becoming the backbone of the digital economy,” Nathan McCauley, co-founder and CEO of Anchorage, said in an statement. “With recent regulatory progress and new institutional use cases, our long-term vision is clear: every business will be a stablecoin business.”…

The crypto community is once again engulfed in controversy over the supposed death of Jeffy Yu, co-founder of Solana-based memecoin project Zerebro. While some believe Yu passed away in a reported suicide, lack of evidence from the coroner’s office and on-chain activity tells a different story, as his wallets are very much alive, dumping tokens and leaving traders with heavy losses. The argument that Yu’s death may be a ruse received a boost in credibility as the initial post announcing his death on Legacy.com has been taken down by the San Francisco Chronicle after it didn’t receive a death certificate…

Tether, Inc. will have to go under US jurisdiction no matter its country of registration. The proposed US crypto legislation for stablecoins would regulate even entities with offshore registrations. Tether, Inc. is registered in the British Virgin Islands, but may go under US jurisdiction. According to a new version of the Genius Stablecoin Act, which is still under review, the place of stablecoin issuance is irrelevant, and all assets will go under a new regime of regulation, coordinated with US financial authorities. Tether will go under US jurisdiction, adding state-specific protections. | Source: US Congress The bill will also offer…

Kima Network, a globally known cross-ecosystem money transfer protocol, has integrated with the Mastercard Sandbox. This integration enables the real-time stablecoin top-ups to prepaid Mastercard cards directly from self-custody crypto wallets. The collaboration allows users to load cards with stablecoins such as USDC and USDT from over 10 supported blockchains. 🔥 BREAKING NEWS: Kima x @Mastercard are Changing the Game! 🚀Stablecoin payments just got REAL! We’re pumped to announce Kima’s integration into Mastercard’s Sandbox, unlocking instant prepaid card top-ups with stablecoins straight from your crypto wallets!💳 Crypto meets… pic.twitter.com/yfSyA3PV7t — Kima Network (@KimaNetwork) May 12, 2025 This system allows users…

TRON is closing in on Ethereum’s USDT dominance thanks to low fees and strong support from major exchanges. Ethereum still attracts institutional interest, with rising daily active addresses and profitable whale activity. A few years ago, Ethereum might have been the main home for USDT. But now, the story is different. The battle has been heating up since 2021, and TRON, without much fuss, is slowly catching up. Currently, according to CryptoQuant, Ethereum is still slightly ahead with a total USDT supply of around $74.5 billion. But TRON is closely following at $73.7 billion. These numbers reflect how industry players…

Samson Mow, CEO of JAN3, stated that, given the upcoming changes to Bitcoin Core and its OP_RETURN policy, it is time to fork the software to “fix misaligned incentives and fund devs with a better structure.” JAN3 CEO Samson Mow Talks Forking Bitcoin Core, Launching ‘Good’ Alternative The recent drama surrounding the upcoming changes to the OP_RETURN policies of Bitcoin Core, the main Bitcoin full node software, has caused an uproar in the bitcoin community. Samson Mow, CEO of JAN3, has recently proposed a solution to the “misaligned incentives” of the current developers: fork the current software. At a recent…

Leading altcoin Ethereum has seen its price rocket by 40% over the past week, marking one of its strongest weekly performances in recent months. This rally has pushed staked ETH coins back into unrealized gains for the first time since early March, a trend that could lead to decreased selling pressure among key coin holders. Ethereum Staked Coins Back in the Green After Market Rally According to CryptoQuant’s data, staked ETH coins, which are not part of the circulating supply and are often held by validators and long-term investors, have been in unrealized losses since March 3, 2025. At that…

Education tech firm Classover Holdings (KIDZ) said in early May that it would sell $400 million worth of shares to buy solana. Its stock exploded higher. Shares of the thinly traded company, then with a market cap well shy of $50 million soared from $1.15 to more than $7 in just two sessions before settling back to the current $3.69. . Classover wasn’t the first company to experience the crypto surge, and it won’t be the last. A growing number of obscure, microcap and nanocap companies are embracing cryptocurrency — not as a business line or payment method, but as…

In a significant move for the Layer-1 blockchain space, Conflux Network has just announced a major strategic decision following a community proposal. This isn’t just another update; it’s a bold step aimed at optimizing the network’s tokenomics and strengthening its long-term health. The crypto community is buzzing about the approved plan to burn a substantial amount of CFX tokens and significantly increase staked assets. What does this mean for the network, its users, and the future value of CFX? What’s Happening with Conflux and CFX? At the heart of the recent announcement is the approval of a community-led proposal that…

The crypto industry has been desperate for U.S. regulation as the last major piece in its global maturity puzzle, but sector veteran and compliance expert TuongVy Le, a former Securities and Exchange Commission lawyer, argues that what Congress and the regulators are working on isn’t just for today’s digital assets space but for the core of the future financial system. Le, who has held top legal and regulator positions at Anchorage Digital, Bain Capital and the former Worldcoin (now World Network), told CoinDesk that she expects the new rules coming to her old regulatory employer will eventually govern the business…