Author: NBTC

South Africa’s proposed capital flow management regulations 2026 introduce strict new requirements for travelers entering or leaving South Africa with cryptocurrency. Key Takeaways South African Treasury draft rules require visitors to declare crypto or face up to 5 years in prison. New 2026 capital flow laws grant officials invasive powers to search devices for Bitcoin or other coins. Stakeholders must submit feedback to South African authorities by June 10, 2026, before final enactment. Digital Assets Reclassified as Capital Traveling to South Africa with a digital wallet could soon involve more than just a quick pass through customs. Under the newly…

Prediction markets are betting that Hormuz will stay choked for longer, even after Washington and Tehran extended their ceasefire. Traders on Kalshi moved the odds lower for a quick return to normal shipping after both sides said very little about the one thing the market actually cares about: whether Iran will reopen the strait and whether the U.S. will stop blocking it with naval force. On Kalshi, bettors give Hormuz normal traffic just a 42% chance by June 1. The odds improve to 59% by July 1 and 61% by Aug. 1. Polymarket paints a similar picture. Bettors there give…

Amid the catastrophic situation in the DeFi sector, major protocols are coming together to reduce the damage caused by the Kelp DAO security breach. On April 23, the Mantle Network came forward with a formal proposal to provide a loan facility to a coordinated relief program that is being announced by Aave. Following this week’s rsETH incident involving @KelpDAO and @LayerZero_Core, a proposal has been put forward for Mantle to contribute a loan facility to @aave‘s coordinated relief effort. The loan would form part of a wider coordinated framework, structured to minimize… — Mantle (@Mantle_Official) April 24, 2026 This project…

Ethereum entered a fourth straight bullish week, turning a previous technical setback into a measured rebound. The move followed a rejection near the 23.6% Fibonacci level around $2,228, which had triggered an 18% fall to about $1,937. That decline, however, later became the launch point for the current advance, as weekly price action reclaimed the same Fibonacci zone. At press time, $ETH traded near $2,320, up more than 2% in 24 hours, over 7% on the month, and about 48% year over year. $ETH Reclaims Key Fib Level as 4-Week Recovery Gains Strength The weekly setup now shows Ethereum back…

The crypto-aligned Fellowship political action committee (PAC), led by stablecoin issuer Tether’s head of government affairs, reported spending more than $3 million on advertising related to US Senate races, with the majority going toward to support a Texas Republican candidate. In a Tuesday filing with the US Federal Election Commission (FEC), Fellowship PAC disclosed that it had spent $1.75 million in support of Texas Attorney General Ken Paxton. The Republican is facing off against incumbent Senator John Cornyn in a May 26 runoff to determine who will become the party’s candidate for the 2026 US Senate race. Fellowship PAC expenditure…

1inch, a leading decentralized exchange (DEX) aggregator, has partnered with security firm Certora to enhance cross-chain swap security. This collaboration marks a significant step in protecting users from potential risks during multi-chain transactions. 1inch Certora Partnership: A New Era for Cross-Chain Swap Security On March 15, 2025, 1inch announced a strategic partnership with Certora, a renowned blockchain security firm. The collaboration focuses on auditing the protocol’s structure, incentives, and execution timing. This move aims to identify potential risks of delays or malfunctions in a live environment. Cross-chain swaps allow users to exchange tokens across different blockchains. However, these transactions face…

A massive transfer of 299,909,990 $USDT has moved from an unknown wallet to the Ethena protocol. Whale Alert, a blockchain tracking service, first reported this transaction. The transfer involves nearly $300 million in stablecoins. This event has captured the attention of the crypto community. Many analysts now watch for potential market impacts. Understanding the 299,909,990 $USDT Transfer to Ethena This transaction represents one of the largest single stablecoin movements in recent weeks. The sending wallet remains unidentified. The receiving address belongs to Ethena, a decentralized finance (DeFi) protocol. Ethena specializes in synthetic dollar infrastructure. It uses delta-neutral strategies to maintain…

The U.S. Department of Justice arrested a Master Sergeant with the Army on allegations he placed wagers on the raid of Nicolas Maduro ahead of participating in the operation to detain former Venezuelan leader. The DOJ unsealed an indictment Thursday charging Gannon Ken Van Dyke with the unlawful use of confidential government information for personal gain, theft of nonpublic government information and fraud charges, alleging he used his knowledge of the forthcoming raid on Venezuela to place $33,000 in bets, winning about $400,000 after the raid. “The defendant allegedly violated the trust placed in him by the United States Government…

The Bank for International Settlements (BIS) published a Financial Stability Institute report in April 2026, warning that the largest crypto platforms now operate as financial intermediaries without the capital buffers, deposit insurance or central bank access that apply to traditional banks. Key Takeaways: The BIS Financial Stability Institute warned in April 2026 that major crypto platforms like Binance and Coinbase now operate more like banks than trading venues. Celsius Network collapsed in 2022 after a USD 1.4 billion depositor run exposed maturity mismatches with no deposit insurance backstop. Only 11 of 28 jurisdictions reviewed by the FSB in 2025 had…

Decentralized finance protocols have banded together in an attempt to restore the backing of rsETH following the $293 million exploit of the Kelp restaking platform on Saturday, which has triggered a liquidity shock. The amount pledged has now exceeded 43,500 Ether, worth over $101 million, which decentralized lending platform Aave has called the “DeFi United” relief effort. Crypto protocols involved include Lido DAO and the Golem Foundation, with the largest pledges coming from the EtherFi Foundation and Mantle at the time of writing. “We believe ecosystem collaboration matters most in moments like this, and our priority is achieving the strongest…