Author: NBTC

Binance founder Changpeng Zhao (CZ) said that some of the speculative capital directed towards the artificial intelligence (AI) sector is beginning to return to the cryptocurrency market. Zhao’s assessment points to a recent trend of investors rotating capital among different high-risk asset classes. CZ stated that some of the “hot money” flowing into the AI field is returning to the crypto market. It is believed that speculative capital, moving quickly with the expectation of high returns, can switch between AI and crypto assets depending on market conditions. Zhao also stated that the financial sector will not disappear. He noted that…

Tokens held by $DATA Foundation’s team and lead investors did not begin unlocking on Aug. 13, despite that date appearing in the project’s earlier public supply schedule. The organization, formerly called Story Foundation, said on June 25 that its team and lead investors had extended their token lockups by 18 months. Read alongside the previous schedule, the announcement means the tokens held by that named cohort remained locked on Thursday instead of starting their scheduled release. The June post did not say when the 18-month period begins or provide a replacement date. It also did not identify affected wallets, quantify…

Japan’s Financial Services Agency (FSA) has issued a formal warning to Hong Kong-based Izakaya Limited, alleging that its cryptocurrency exchange and lending services, operating under the brand IZAKA-YA, were offered to Japanese residents without the necessary registration. The announcement, reported by CoinPost, underscores Japan’s strict stance on unlicensed crypto activities, even when the operator is based overseas. Regulatory Action and Company Response The FSA’s warning targets Izakaya Limited’s provision of crypto lending, swap services, and exchange functions via the internet to users in Japan. Under Japan’s Payment Services Act, any entity facilitating cryptocurrency exchange or custody for Japanese residents must…

Fireblocks has projected that agent-initiated transactions could account for 15 to 25% of global e-commerce this decade. The company emphasizes that stablecoins will serve as the essential settlement layer to enable this shift. This insight, surfaced by the influencer @FireblocksHQ, highlights the growing integration of cryptocurrency in everyday transactions and its implications for the e-commerce landscape. Source What Happened The broader crypto market is currently experiencing mixed signals, yet specific forecasts like those from Fireblocks offer a glimpse into the future of digital transactions. The company’s assertion underscores a significant trend that could redefine how e-commerce operates by leveraging stablecoins…

Offchain Labs co-founder Steven Goldfeder and Solana co-founder Anatoly Yakovenko exchanged competing views on Sept. 6 over why Robinhood built its blockchain using Arbitrum technology instead of operating applications directly on Solana. Goldfeder argued that Robinhood can retain roughly 90% of its chain revenue under the Arbitrum Expansion Program. A Solana-based application would pay network fees without receiving the underlying chain’s revenue, he said. “Robinhood chose Arbitrum so they could be a landlord and not a tenant,” Goldfeder wrote. His comment responded to Yakovenko’s position that Robinhood could subsidize Solana transaction fees while charging users through its own application. The…

Japan may approve its first spot Bitcoin exchange-traded fund as early as 2028, according to a report from Nihon Keizai Shimbun. The development follows the enactment of a landmark bill on July 15 that legally classifies cryptocurrencies as financial products, marking a significant shift in the country’s regulatory approach to digital assets. New Law Paves the Way for Crypto ETFs The legislation, which redefines cryptocurrencies under Japan’s financial regulatory framework, has prompted the Financial Services Agency to begin revising rules related to investment trusts. This revision is a critical step toward allowing asset managers to launch spot Bitcoin ETFs, which…

Raydium’s native token experienced a notable uptick in buybacks, amounting to $640K yesterday, the highest daily figure in 19 months. This surge, attributed to increased trading volume linked to LaunchOnSF, highlights a renewed interest in the token. As the DeFi landscape evolves, this could significantly impact trading dynamics moving forward. The Story So Far The broader cryptocurrency market is currently exhibiting mixed signals, yet Raydium stands out with its impressive buyback activity. The $640K in buybacks indicates a strong commitment from holders amid fluctuating market conditions. The spike in trading volume associated with LaunchOnSF appears to be a critical factor…

Maybe other countries just outpaced the U.S. on yields. But that’s not necessarily the case, not uniformly. EU heavyweight Germany’s 10-year is up 45 basis points this year, less than the U.S. move. Japan’s is up a striking 90 basis points, yet the yen recently slid to four-decade lows rather than strengthening as the old playbook would predict. In short, higher yields are no longer the bullish read for FX. If anything, markets seem to be reading them as a warning sign, fiscal strain rather than fiscal strength. And if that’s really what’s going on, it flips the usual bitcoin…

In brief 6th Man Ventures Co-Founder Mike Dudas said Solana is positioned to attract mainstream users because it supports trading, payments, and settlement on a single network. He argued that corporate-backed networks such as Coinbase’s Base and Robinhood’s blockchain face pressure to steer users toward fee-generating products. His comments come as Solana validators consider proposals to slow token issuance and burn more $SOL. Solana could bring hundreds of millions of people into crypto without most of them realizing they are using a blockchain, investor Mike Dudas said on a recent episode of Decrypt’s Fomo Hour podcast. Dudas, co-founder of crypto…

The SEC, led by Commissioner Hester Peirce, has released a long-awaited transfer agent rule proposal that modernizes regulations to include tokenization. This move recognizes blockchain as an acceptable primary record-keeping system for securities. The implications for tokenization could be transformative, as the industry seeks to leverage blockchain technology for greater efficiency and transparency. For more details, see Peirce’s announcement here. Breaking It Down Amid a wave of regulatory updates in the crypto sector, the SEC’s announcement of the transfer agent rule proposal marks a significant moment for tokenization. This proposal, which has been in the works for over a decade,…