Author: NBTC

Coinbase (COIN) shares fell about 4% in after-hours trading Thursday after the crypto platform reported weaker-than-expected first-quarter results as falling crypto prices weighed on trading activity, one of the company’s main sources of revenue. The company posted a loss of $1.49 per share, compared with analyst expectations for a 27-cent profit. Revenue came in at $1.41 billion, below estimates of $1.52 billion. Transaction revenue totaled $755.8 million, missing analyst expectations of $805.2 million. Subscription and services revenue, a segment investors closely watch as Coinbase tries to reduce its reliance on trading fees, totaled $583.5 million, below expectations of $619.3 million.…

Hunter Biden, son of former US President Joe Biden, made a noteworthy statement regarding the cryptocurrency sector. Responding to a question on social media about his stance on cryptocurrencies and how he would combat Elizabeth Warren’s anti-crypto army, Biden gave a single-word answer: “Hyperliquid.” As is known, Hyperliquid ($HYPE) is one of the decentralized cryptocurrency exchanges that have become popular recently. However, the reason why Hunter Biden, a controversial figure in the US, made this statement is unknown. Lobbying efforts by cryptocurrency sector representatives and the voting percentages of cryptocurrency supporters are of critical importance in the US. In the…

Bitcoin fell to $78,600 on May 15 as bond yields surged to a 12 month high, rattling risk markets. The US 10-year Treasury yield surged to 4.54% on May 15, its highest point since May 2025, after hotter than expected CPI and PPI data stoked fears of a Federal Reserve rate hike. The 30-year yield crossed 5% while the 2-year broke above 4%. Inflation and yields hit crypto and equities Bitcoin fell as low as $78,600, down roughly 4% from Thursday’s $82,000 high, before stabilising slightly above $79,000. The selloff spread to equities, with the Nasdaq 100 opening 1.7% lower…

Block (NYSE: SQ) gave Wall Street a messy first-quarter report. The payments company beat adjusted profit expectations and lifted its 2026 gross profit forecast, but it also reported a $308.7 million net loss for common stockholders. The Jack Dorsey-led company now expects $12.33 billion in full-year gross profit for 2026. Its old forecast was $12.20 billion. The stock rose 7% after hours, after gaining about 9% this year before the earnings release. Block said, “We delivered year-over-year gross profit growth of 27% in the first quarter, with growth accelerating across both Cash App and Square.” It also said adjusted operating…

Unipeg (uPEG), one of the Ethereum ecosystem tokens, has attracted attention with its sharp rise in recent days. According to GMGN data, uPEG’s market capitalization briefly surpassed $12 million, reaching an all-time high (ATH). At the time of writing, the token’s market capitalization is approximately $11.22 million, showing a remarkable 52.7% increase over the past 24 hours. Trading volume during the same period reached $3.7 million. According to the shared information, Unipeg (uPEG) focuses on on-chain objects built on the Uniswap V4 Hooks infrastructure. The system automatically generates a unique 24×24 SVG pixel art “unicorn” image with each transaction. This…

In brief The UK’s Financial Conduct Authority has listed Hyperliquid and Hyper Foundation as unauthorized. CME’s chief warned that crypto perps could be a “disaster waiting to happen.” Regulators are focused on whether perps markets can withstand sharp turns, Decrypt was told. Hyperliquid is drawing renewed attention as one of crypto’s largest perpetual futures venues, following a May warning in which the UK’s financial regulator listed Hyperliquid and Hyper Foundation as unauthorized amid broader concerns over crypto perps. The warning came from the UK’s Financial Conduct Authority, which said in a notice dated May 21 that Hyperliquid, Hyper Foundation, the…

Crypto-friendly DBS Bank said it will start offering tokenized gold trading to its retail customers in the second half of 2026. DBS said it will list the product, called DBS Physical Gold Tokens, on its digibank platform and is also considering making it available on the DBS Digital Exchange (DDEx), which is tailored for accredited investors and institutions. The bank will tokenize, issue, distribute and manage the physical gold tokens entirely in-house, backed by trusted bank-grade infrastructure. Each token is backed by 1 gram of physical gold held by DBS in a dedicated vault in Singapore, the bank said in…

Bhutan, a small Asian country nestled in the Himalayas and the second nation after El Salvador to officially mine and hold bitcoin, has reportedly been selling its stash. In fact, according to data analytics firm Arkham Intelligence’s data, the country might have sold $1 billion worth of bitcoin since July 2025. Wallets attributed to Druk Holding and Investments (DHI), the kingdom of Bhutan’s sovereign wealth fund, have moved approximately $207 million in bitcoin out this year alone to various exchanges and trading firms, per Arkham’s data. Holdings in the Arkham-tagged wallets have dropped from roughly 13,000 $BTC in October 2024…

In brief AI tools like Anthropic’s Claude Mythos Preview are dramatically lowering the bar for cyberattacks, enabling even unskilled actors to exploit vulnerabilities across major systems. A single breach could cascade across interconnected financial institutions, elevating cyber risk to a macro-financial threat. The IMF urges policymakers to treat cybersecurity as a core financial stability issue, calling for stronger resilience standards, cross-border coordination, and AI-powered defenses to match AI-powered attacks. The International Monetary Fund warned Thursday that artificial intelligence is rapidly amplifying the threat of cyberattacks against the global financial system, potentially turning localized breaches into economy-rattling shocks that could shake…

Stablecoin activity showed mixed signals on April 28, 2025, as Whale Alert tracked two large $USDC Treasury transactions. The mints added 500 million $USDC to the market while broader transfer volume declined over the past 30 days. Each transaction minted 250 million $USDC, bringing the combined issuance to 500 million tokens. However, the $USDC Treasury stablecoin mint came during a mixed period for the wider stablecoin market. Transfer volumes were falling while market cap, holder numbers, and number of active wallets were increasing. The data confirmed that the stablecoin segment was growing, yet more supply and adoption were not contributing…