Author: NBTC

Hyperliquid co-founder Jeff Yan has warned that crypto’s failure to attract enough top entrepreneurs has become one of the industry’s biggest obstacles as young talent moves toward artificial intelligence. The VALR podcast featured Yan’s comments on how the AI boom and the social status attached to the technology have influenced career choices among young founders. According to Yan, many talented people remain unsure which field would allow them to create the most value, leaving relatively few to pursue work in cryptocurrency and fintech. Yan argued that rebuilding the financial system from first principles offers young entrepreneurs a chance to solve…

In brief Andrew Yang’s Noble Mobile acquired Helium Mobile, the service provider built on top of the crypto-fueled Helium network. Deal terms were not disclosed, but Helium Mobile COO Frank Mong said subscribers should expect a smooth transition. Nova Labs will now focus on growing the network and onboarding additional companies to Helium. Helium Mobile, the mobile service provider built on the decentralized, crypto-powered Helium network, has been acquired by Noble Mobile, the affordability-focused telecommunications company of former presidential candidate Andrew Yang. Helium Mobile, which at one time offered a free mobile plan (but recently axed it), said it shares…

In brief GrapheneOS said its software is “completely legal” and constitutionally protected, days after the first U.S. prosecution involving one of its features. Atlanta activist Samuel Tunick told 404 Media the charges against him are meant to deter people from protecting their data. His public defender said agents could have sought a warrant and did not, and that the statute has been used just once before. Privacy software firm GrapheneOS has said its smartphone operating system is “completely legal” and constitutionally protected, as the first U.S. prosecution involving one of its features moves through the courts. “We have no obligation…

Web3 payment layer AEON has announced that its cumulative on-chain transaction volume has surpassed $475 million, according to an update from the company’s official channel. The milestone reflects growing adoption of the platform, which also reports a cumulative user base exceeding 2.3 million and monthly on-chain transaction volume of more than $30 million. Expanding beyond human transactions AEON is positioning itself as a native payment layer for autonomous AI agents, supporting what the company describes as the emerging AI economy with trusted decentralized financial infrastructure. The network is currently being upgraded to facilitate agent-to-agent (A2A) transactions and agent-to-merchant (A2M) payments,…

Bitcoin fell below the $63,000 level due to strong selling pressure, indicating weakening risk appetite in the cryptocurrency market. According to the latest data, the price of Bitcoin dropped to $62,644, losing over 5% in value in the last 24 hours. A graph showing the drop in BTC price. The market downturn wasn’t limited to Bitcoin. Ethereum fell by over 5% to $1,689, BNB dropped 4.90% to $576, XRP lost 5.83% to $1.14, and Solana fell 6.98% to $68.79. Among the top 10 cryptocurrencies, one of the sharpest drops was seen in Hyperliquid, which experienced a loss of over 11%.…

Washington just gave one of the world’s largest digital currencies a more official place in the US financial system. On July 10, Circle won final approval from the Office of the Comptroller of the Currency to open a national trust bank under federal supervision. Circle called it a major step for $USDC, as the approval makes it easier for banks, payment firms, asset managers, and corporate treasury desks to treat $USDC as something solid enough to build around. However, banks see the same approval and draw a different conclusion. In January, Standard Chartered said stablecoins could pull about $500 billion…

Zcash validators coordinated an emergency protocol upgrade after developers discovered a vulnerability affecting the network’s Orchard shielded pool, temporarily suspending Orchard transactions while a fix is rolled out. In an update published on June 2, the Zcash team said the issue was identified through routine auditing and security reviews before any known exploitation occurred. The project stressed that: user funds remain safe, privacy has not been compromised, and the issue affects only Orchard, Zcash’s newest shielded transaction pool. The protocol-level change took effect at approximately 10:30 p.m. Eastern time on June 1. Orchard transactions temporarily disabled According to the announcement,…

The proposed act is widely viewed as a cornerstone for the next phase of institutional crypto adoption. By establishing clear rules for digital assets, the legislation could give banks, brokers, exchanges and asset managers greater confidence to invest, launch products and build market infrastructure, accelerating the migration of trading and liquidity to regulated U.S. venues. JPMorgan analysts said the legislation would encourage institutional investment, boost U.S.-regulated trading and lower barriers for banks, exchanges, custodians and market makers. Some of those trends are already emerging, the bank said, citing Citadel Securities’ $400 million investment in Crypto.com and the CFTC’s approval of…

iShares BITA (Bitcoin Premium Income ETF), by BlackRock, made its debut on Nasdaq on June 16, 2026. BITA provides investors with access to monthly cash payouts in the form of premium income from Bitcoin using covered call options. This investment vehicle will provide an annual yield of 15%-25%, which sparked debate in the crypto space regarding how such products can potentially take capital away from Bitcoin itself in the future. While it is too early to think about a replacement, the thought itself makes sense because BlackRock’s other Bitcoin fund, iShares Bitcoin Trust (IBIT), has amassed almost $49 billion worth…

U.S. approval of perpetual futures contracts could expose traders to unexpected tax and regulatory uncertainty if the products are ultimately determined to be swaps rather than futures, an issue that has received little public attention, according to CME Group Chairman and CEO Terry Duffy. “There’s a consequence that nobody’s talking about,” Duffy said in an interview with CoinDesk. “There’s ambiguity right there, from a tax perspective, for all U.S. participants now.” The comments come as CME continues its legal challenge against the Commodity Futures Trading Commission (CFTC) over the regulator’s approval of perpetual futures contracts in the U.S. Both sides…