Author: NBTC

During a period of sharp sell-off in the cryptocurrency market, a remarkable amount of assets moved from US government wallets. According to Arkham data, a total of $7.5 million worth of cryptocurrency was transferred to different wallets in the last 24 hours. Authorities transferred $300,000 worth of NEXO, $3 million worth of WETH, and $4.2 million worth of TRX in the last 24 hours. The NEXO and TRX assets were reportedly seized two years ago as part of Alameda Research investigations, while the WETH reportedly came from cryptocurrencies seized between 2022 and 2024 in the Bitfinex hacker Ilya Lichtenstein case.…

Treasury Secretary Scott Bessent has reduced the crowded field for the Federal Reserve chair down to five contenders after a series of long interviews, some running for two hours. The cut from 11 candidates to 5, announced late this week, marks the most important step yet in a process that will stretch into early next year. The next Fed leader could be nominated by January, though officials stressed that the person may first be named as a governor before being elevated to chair. The five names left are Michelle Bowman, who is the Fed’s Vice Chair for Supervision, Christopher Waller,…

Over 65 crypto companies and organizations sent out a letter to the US President Donald Trump. The message to the White House called for clarity on multiple aspects of crypto activity. Major crypto organizations and smaller startups joined forces to call out to the White House for better coordination and clarity on applying crypto and financial regulations. Industry representatives focused on several fields, including DeFi, taxation, privacy, and developer protection. “As Congress continues its work, your Administration is engaged in significant efforts behind the scenes. As the President’s Working Group on Digital Asset Markets identified, there are other steps that…

The crypto industry moves fast and Coinbase now pushes the momentum further with a new lending feature. The exchange launches Ethereum backed loans for U.S users at a time when borrowing demand grows across retail and institutional markets. Many traders want short term liquidity without selling their assets and this service builds a clear path for them. Investors follow every major move in the crypto lending market because fresh options create new strategies. Coinbase steps into this space with a regulated product that focuses on secure borrowing. The feature arrives during a period of strong Ethereum activity and rapid DeFi…

Securitize, the tokenization platform behind several major blockchain-based investment products, including BlackRock’s tokenized US Treasury fund, is reportedly in talks with Cantor Fitzgerald to go public via a Special Purpose Acquisition Company (SPAC). Bloomberg reported Friday, citing anonymous sources, that Securitize is in discussions to merge with Cantor Equity Partners II Inc., a blank-check firm backed by Cantor Fitzgerald. The deal could value Securitize at more than $1 billion, the report said. Securitize did not immediately respond to Cointelegraph’s request for comment. Source: Bloomberg A SPAC is a publicly traded shell entity that raises capital with the aim of acquiring…

In a dramatic development that has sent shockwaves through the cryptocurrency community, UK authorities have made significant arrests in a massive $28 million crypto fraud case. The Serious Fraud Office’s swift action demonstrates growing regulatory vigilance in the digital asset space, particularly concerning NFT fundraising projects that promise investors substantial returns. What Exactly Happened in This Crypto Fraud Case? The Serious Fraud Office detained two individuals connected to Basis Markets, a crypto project that raised substantial funds through NFT sales. This crypto fraud case centers around allegations that the project collected $28 million from investors during two fundraising rounds in…

Crypto exchange Coinbase initiated a large fund migration on Saturday, moving tokens to new internal wallets in a scheduled, routine security procedure to reduce long-term exposure of keeping funds in the same wallet addresses, which are publicly known. The migration is not due to any cybersecurity breaches or external threats, according to an announcement from the company. Coinbase said: “Migrating wallets periodically is a well-accepted best practice that minimizes long-term exposure of funds. This is a planned migration and unrelated to industry changes or price conditions. This is not in response to a data breach incident or external threat.” Source:…

Lemon, a leading Argentina-based cryptocurrency exchange, has raised $20 million in its Series B funding round as the country attracts the interest of international capital. Marcelo Cavazzoli, founder and CEO of Lemon, declared that his next goal was to start operations in all of Latam. Argentina-Based Crypto Exchange Lemon Raises $20 Million in Series B Funding Round More international firms are turning to Argentina to invest in the digital assets industry. Lemon, a leading cryptocurrency exchange in Argentina, has closed its Series B funding round, raising $20 million to support its expansion program across Latam. The round, led by F-Prime…

More than 65 cryptocurrency and blockchain companies and advocacy groups have called on US President Donald Trump to step in as federal prosecutors may be preparing to retry Tornado Cash co-founder and developer Roman Storm. In a letter to Trump dated Thursday and shared with Cointelegraph, advocacy organizations including the Solana Policy Institute, Blockchain Association and DeFi Education Fund, among others, made several requests regarding crypto-related policies. The groups asked Trump to direct the IRS and US Treasury to clarify tax policy on digital assets, protect DeFi from regulators and encourage regulatory clarity through financial regulators like the Securities and…

Coinbase spent 2025 positioning itself as the infrastructure layer for retail crypto access, absorbing teams and technology that could accelerate its “everything exchange” vision. A Nov. 21 announcement that it acquired Vector.fun, Solana’s fastest-moving DEX aggregator, fit the pattern: acquire the rails, sunset the product, integrate the speed. But the deal carved out an unusual exception. While Coinbase takes Vector’s team and infrastructure, the Tensor Foundation retains the NFT marketplace and the TNSR token. Token holders keep their governance rights but lose the asset that justified the token’s existence. The separation raises a question: if equity holders capture value from…