Author: NBTC

The Major Cities Chiefs Association (MCCA), representing the largest police departments across the United States, has formally endorsed the CLARITY Act, a proposed federal bill aimed at enhancing law enforcement’s ability to combat financial crimes involving digital assets. In a letter sent to the Senate, the association highlighted key provisions that would expand anti-money laundering (AML) requirements and improve coordination between law enforcement, financial institutions, and cryptocurrency firms. Key Provisions of the CLARITY Act The MCCA’s endorsement centers on several elements of the bill that directly address gaps in current investigative capabilities. The legislation would extend AML and suspicious transaction…

A stablecoin that once processed over $100 billion in transactions in a single year now trades at exactly zero. The A7A5 stablecoin collapse demonstrates what happens when geopolitical sanctions hit a crypto asset at its foundation — not gradually, but all at once. Key takeaways The A7A5 stablecoin, linked to a sanctioned Russian state bank, has lost 96% of its value and currently trades at $0 with no recorded trading volume. Its smart contracts remain technically operational, but conversion is fully blocked following sanctions imposed by the U.S., U.K., and E.U. The A7 network, on which A7A5 operates, has processed…

Pharos Network (PROS), a layer-one blockchain specializing in real-world asset (RWA) tokenization and artificial intelligence, announced that assets under management (AUM) on its aggregation platform, Pharos Harbor, have surpassed $140 million. This milestone underscores the growing adoption of RealFi—a term used to describe decentralized finance products backed by tangible, real-world assets. RealFi Protocols Drive Growth The $140 million AUM is distributed across several strategy vaults within Pharos Harbor. According to data from the platform, Ember Protocol accounts for approximately $60 million in total value locked (TVL), while R25 Protocol contributes another $57 million. These two protocols represent the core of…

According to Artemis data, Nvidia is the most-discussed asset on finance Reddit in 2026 with 59,000 mentions, far ahead of crypto-related assets. Bitcoin ranks 7th with 27,000 mentions, behind technology and artificial intelligence (AI) companies like Microsoft, SPY, SpaceX, and others. Nvidia Dominates Finance Reddit Discussions Analysis of posts and comments from January 1 to June 17, 2026, across major investing communities such as r/wallstreetbets, r/stocks, and r/investing highlights Nvidia’s strong presence in retail investor discussions. Source: X Meanwhile, Bitcoin ranks 7th overall with 27K mentions, making it the leading cryptocurrency asset in these discussions. It ranks behind major equities…

BlackRock attracted nearly $350 million in net inflows across its spot Bitcoin (BTC) and Ethereum ($ETH) exchange-traded funds (ETFs) over five trading days, highlighting renewed institutional demand for the two largest cryptocurrencies. Data covering July 13 to July 17 shows BlackRock’s spot Bitcoin ETF, IBIT, recorded net inflows of $204.1 million during the period. Meanwhile, the asset manager’s Ethereum ETFs, ETHA and ETHB, added a combined $139.3 million. Together, the funds attracted approximately $343.4 million in net new capital over the five-day stretch. The strong performance came despite a sharp $185.5 million outflow from IBIT on July 13. However, subsequent…

On-chain analytics firm Bubblemaps has publicly urged centralized cryptocurrency exchanges to take action against what it describes as clear price manipulation involving the $LAB token. In a statement on its official X account, the firm identified $LAB as the latest in a pattern of tokens exhibiting suspicious on-chain behavior, following similar cases with RAVE, SKYAI, and PIPPIN. Bubblemaps criticized exchanges for remaining silent even when manipulation patterns are evident. Insider Control and Suspicious On-Chain Activity According to Bubblemaps, citing on-chain investigator ZachXBT, insiders are believed to control over 95% of $LAB’s total supply. The firm also reported that several wallets…

Sen. Richard Blumenthal has renewed his criticism of the cryptocurrency industry. In a Thursday post on X, he stated that “crypto is the currency of choice for crooks” while commenting on the testimony of a victim of a multimillion-dollar romance scam. Crypto is the currency of choice for crooks. Lori Flowers shares her story as a victim of crypto-enabled transnational organized crime—in order for them to succeed, her scammers needed crypto. We cannot keep giving the bad guys an easy button. pic.twitter.com/pFiCsSb9UJ — Richard Blumenthal (@SenBlumenthal) July 30, 2026 The Connecticut Democrat shared the remarks on X following a Senate…

BitMEX built the blueprint that every crypto derivatives exchange copied — and then watched competitors use it to bury them. The story of BitMEX’s crypto derivatives innovation is one of the most instructive in the industry’s short history: a platform that genuinely reshaped how digital assets are traded, only to lose its footing to regulatory pressure, product inertia, and rivals who learned faster than it could adapt. Key takeaways BitMEX pioneered the crypto perpetual swap, a contract structure with no expiration date that became the single most replicated product in the derivatives industry. At its peak in 2018–2019, BitMEX commanded…

Nasdaq-listed Bitcoin miner Bitdeer (BTDR) announced on its official X account that it mined 271.3 $BTC during the current week and has sold the entire amount. The company has maintained a zero-$BTC treasury strategy since February, converting all newly mined Bitcoin into cash immediately. Zero-$BTC Treasury Strategy in Focus Bitdeer reduced its Bitcoin holdings to zero as of February 20 and has since adopted a policy of selling all mined $BTC without delay. This approach stands in contrast to many other publicly traded miners, such as Marathon Digital and Riot Platforms, which have historically retained a portion of their mined…

Crypto’s next push into traditional finance may not come from another stablecoin or tokenized stock. According to Grayscale, onchain vaults could be the industry’s next major breakthrough, bringing blockchain-based asset management closer to the mainstream financial system. The firm’s latest research argues that while stablecoins, tokenized assets, and perpetual futures have already started crossing into traditional markets, onchain vaults may be next in line as institutional credit markets mature. Vaults Mirror Traditional CLO Structure Grayscale compares onchain vaults to collateralized loan obligations (CLOs), one of the largest credit products in traditional finance. Like CLOs, vaults pool investor capital into professionally…