Author: NBTC
Another milestone has been recorded in the Pi Network ecosystem with the launch of a new, digital banking app, Gargoura Digital Bank, on the Pi Testnet. The release of the app led to a great buzz on the Internet, with users posting screenshots with complex functionality and a generous design. The interface has a mix of traditional banking features and decentralized features. It reflects the effort of Pi Network to connect blockchain and the real world finance. The project is still preliminary, but it indicates the maturity that is developing in the developer ecosystem of Pi. Interfaces Simulate Real Banking…
A new report from Architect Partners has revealed that crypto-related mergers and acquisitions (M&A) topped $10 billion in value during the third quarter of this year. This is the largest total ever recorded for the sector. That figure doubles the previous record of $5 billion set earlier this year and represents a thirtyfold jump compared with the same period in 2024. Why Crypto M&A Deals Are Thriving To put the number in perspective, this single quarter nearly equals the total M&A deal value from Q1 2022 through mid-2025, which amounted to about $11 billion. Crypto M&A Deals From Q1 2021…
The GENIUS Act became law on July 18 after Congress settled that stablecoins should be regulated. What happens next is a two-year rulemaking war that determines whether $250 billion in existing stablecoins flows into bank-wrapped structures or fragments into offshore silos, and whether Bitcoin and Ethereum capture the fallout or get buried under it. Justin Slaughter, Paradigm’s VP of regulatory affairs, stated on Nov. 6: “Little known fact—after the legislation is enacted, the real battle begins.” His firm just filed comments on the Treasury’s advance notice of proposed rulemaking. The central fight is whether affiliates of stablecoin issuers pay yield…
According to ZachXBT, the former CEO of beleaguered crypto exchange FTX hid a $40 million transfer he allegedly used to “bribe Chinese authorities” from his public revelations. Sam Bankman-Fried’s lawyers appeared in a federal appeals court in New York on Tuesday to appeal the ex-FTX head’s 2023 conviction on seven criminal charges, including fraud and conspiracy tied to the collapse of his crypto empire. Attorney Alexandra Shapiro, representing the 33-year-old former crypto executive, argued before a three-judge panel at the 2nd Circuit US Court of Appeals that Bankman-Fried’s trial was “fundamentally unfair.” Shapiro claimed that presiding judge Lewis Kaplan, “repeatedly…
Aave’s Horizon platform now supports Securitize and VanEck’s tokenized treasury fund, VBILL, using Chainlink’s NAVLink. Oracle risk remains a concern, even with NAVLink enhancing pricing reliability; oracles continue to be potential points of faulty data or manipulation. Securitize, a tokenization platform that has issued more than $4 billion in on-chain tokenized securities, has integrated Chainlink’s NAVLink data standard and its aggregator of net asset value (NAV) oracles into the Aave Horizon market. According to the official press release, the integration enables Securitize-issued tokenized funds to connect to the Aave Protocol v3.3-based Aave Horizon platform. Through this integration, institutions can now…
As the government shutdown in the US approaches its third week, the search for a solution has accelerated in the Senate. Senate Majority Leader John Thune told Republican senators in a closed-door meeting that a vote on a new government reopening proposal is expected. Republican leaders are aiming to build momentum to break the deadlock, according to people familiar with the matter. Thune responded cautiously to reporters’ question: “Are Democrats and Republicans close to a deal?” “I’m not sure we’re any closer to a deal until we understand where the Democrats are going.” US President Donald Trump also acknowledged the…
Bittrex bankruptcy filings show that the company’s U.S. arm disclosed thousands of flagged crypto transfers in court papers, according to reporting by DL News. What do the Bittrex bankruptcy filings reveal about suspicious transactions? How did regulatory action and the SEC complaint shape the filings? What are the immediate consequences for customers and creditors in the Bittrex bankruptcy? What do the Bittrex bankruptcy filings reveal about fabricated transactions and platform operations? What should investors verify next? What do the Bittrex bankruptcy filings reveal about suspicious transactions? The Chapter 11 docket contains references to a very large set of flagged transfers,…
Hotcoin, a cryptocurrency trading platform, announced a strategic collaboration with Collably Network, an innovative collaboration platform designed to connect Web3 projects with their potential customers and partners. Through their integration, Collably’s collaboration platform will help Hotcoin onboard additional partners into the cryptocurrency industry. Hotcoin is a centralized cryptocurrency exchange (CEX) platform that allows people to purchase, sell, and trade various crypto assets with ease. With a blend of strong security, flexibility, and a user-friendly interface, Hotcoin caters to the needs of both experienced traders and beginner investors. We’re also excited to partner with @CollablyNetwork — the ultimate Web3 collaboration platform…
Nearly half of Americans are ditching the old-school playbook. According to a Charles Schwab survey released yesterday, 45% of US investors now say they want to put money into non-traditional assets, and that includes everything from crypto and gold to private equity, real estate partnerships, and hedge funds. The same poll says two-thirds of people think sticking only to stocks and bonds doesn’t cut it anymore. Reportedly, Schwab asked 2,400 people (2,000 adults, plus an extra 200 Gen Zers and 200 crypto investors) what they thought about investing. The message was loud and clear: the traditional model isn’t enough. Young…
The reasons for this increase in the value of the privacy-focused altcoin Zcash (ZEC), which is on the agenda again with its rise today, are being questioned. The price of ZEC has surged 33% in the last 24 hours and 433% in the last month. These figures are unusual for an altcoin with a billion-dollar market capitalization. Listed on Binance, Coinbase, and many other centralized cryptocurrency exchanges, the altcoin’s history dates back to the early days of the cryptocurrency market. Launched in 2016, ZEC is based on Bitcoin’s codebase and, due to its limited supply at the time, reached an…