Author: NBTC

This is a segment from The Drop newsletter. To read full editions, subscribe. In the wake of Pump’s success, OpenSea has been transforming from an art-forward NFT marketplace into a token-trading aggregator supporting 22 blockchains. OpenSea has gained over $25 million in token trading revenue and roughly $5.6 million in NFT trading revenue in the past month, marking a sudden surge in activity after what has otherwise been a slow year for the platform. “There’s a huge opportunity in the app layer for a company to hyperfocus on building an experience that combines the best of what a centralized exchange…

As Argentina grapples with soaring inflation and a run on the peso that has battered domestic asset prices, the United States has stepped in with the promise of a financial lifeline — though Bitcoin proponents remain skeptical it will make a difference. The peso tumbled roughly 4.5% last week as investors questioned President Javier Milei’s ability to deliver fiscal and structural reforms following his party’s poor showing in Buenos Aires provincial elections earlier this month. The sell-off was compounded by a corruption investigation involving a family member of Milei, deepening political uncertainty. Investor unease triggered heavy outflows from Argentine markets.…

Ghana’s central bank aims to have crypto regulations in place by the end of the year, with the West African country advancing a bill to parliament just a week after Kenya passed its own bill regulating the industry. Johnson Asiama, the governor of the Bank of Ghana (BoG), said at the International Monetary Fund’s meetings in Washington on Thursday that the country had “done a lot of work in the past four months to put together the regulatory environment,” and create legislation. “That bill is on its way to parliament, hopefully before the end of December, we should be able…

Backpack Wallet, a self-custodial crypto wallet that allows users to trade, manage tokens, and access DeFi, announced its support for the BNB Chain. According to the information shared today, the integration showcases Backpack’s continued dedication to offering cutting-edge mobile experiences and enables users to access greater decentralized finance services. As Backpack continues to broaden the scope of its crypto wallet capability, it stays true to its fundamental conviction that strategic partnerships with industry leaders will offer superior experiences for its users. BNB Chain is now live on Backpack Wallet 🎒Which network should we add next? 👇 pic.twitter.com/SCgvLozsQ5 — Backpack 🎒…

Key Takeaways Gold reached a new all-time high above $3,740 per ounce, showing strong year-to-date gains of over 40%. Analyst forecasts from Goldman Sachs and UBS expect gold to potentially rise to $4,000 per ounce by late 2025 or 2026. Spot gold climbed above $3,740 per ounce today, marking a new all-time high for the precious metal valued for its rarity and use in investments, jewelry, and technology. The breakthrough represents another milestone in gold’s remarkable 2025 performance, with the metal posting gains of over 40% year-to-date. Central bank purchases and investor demand for safe-haven assets have fueled the sustained…

A new class action lawsuit in San Francisco federal court has accused software giant Salesforce of building its XGen AI models on a pirated library of books and then scrubbing references to those sources once questions arose. Filed on Wednesday by authors E. Molly Tanzer and Jennifer Gilmore, the suit is brought under the Copyright Act, alleging ongoing infringement, saying Salesforce “continues to do so by continuing to store, copy, use, and process the datasets containing copies of Plaintiffs’ … copyrighted books.” The complaint says Salesforce.INC “pirated hundreds of thousands of copyrighted books to develop its XGen series of large…

AI and blockchain will spark the “next revolution in business,” according to multimillionaire Kevin O’Leary, with AI being able to autonomously make retail purchases and using blockchain to take care of payments. In a three-minute video posted to X Saturday, the Shark Tank co-host and venture capitalist said blockchain will support an incoming wave of AI-driven transactions, handling everything from orders at Walmart and Target to burger shops and cafes: “You simply talk to your phone and say, I want a tall, low-fat latte, please. I’m going to be there in 90 seconds. That’s it.” “So what happens there is…

Strategy founder Michael Saylor has claimed that a short seller has been paying for a large number of social media bots to post “nasty, awful cynicism” about his company. In an interview with Natalie Brunell, Saylor explained that he discovered a covert cyber marketing campaign while looking into the metrics of accounts that received high engagement rates for particularly bearish posts. Despite widespread concerns about MSTR underperforming BTC on 90% of trading days over a recent 12-month look-back period, Saylor thinks there’s little reason for such virality of bearish posts about him and the world’s largest publicly trader bitcoin (BTC)…

U.S.-listed QMMM captured global attention this week after announcing a bold $100 million crypto investment plan covering Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The move initially fueled a frenzy among retail traders, sending QMMM stock surging 9.6× within days. Investors celebrated what looked like the next big leap for traditional firms embracing digital assets. But the celebration didn’t last long. Soon after the stock’s sharp rise, regulators began questioning the legitimacy of QMMM’s operations. What began as an ambitious crypto expansion quickly turned into a legal nightmare as the SEC opened an investigation into QMMM for alleged stock manipulation.…

The recent strategic choice of ripple to custody and stablecoins is an indication that the company is not speculating anymore, but now is adopting it on an infrastructure level. The latest article by @Xfinancebull highlighted that the moment Ripple refines custody and stablecoin integration, $XRP will cease to be a choice but an option. This is a new development that may result in the shift of blockchain into a standard operating infrastructure of the world banks. The long-term objective of Ripple is evident – it wants to transform blockchain into a safe, regulatory, and scalable platform of international financial systems.…