Author: NBTC

The United States faces a deeper obstacle to cryptocurrency adoption than regulatory uncertainty alone, according to Robin Singh, CEO of crypto tax software firm Koinly. In a recent op-ed, Singh argued that the nation’s tax system is fundamentally flawed and acts as a significant deterrent for investors and businesses alike. Beyond the CLARITY Act While the proposed CLARITY Act is widely seen as a positive step toward establishing clearer rules for digital assets, Singh contends that it addresses only part of the problem. The existing tax framework, he says, remains overly complex and inefficient, creating a burden that discourages participation…

Yen-backed stablecoin issuer JPYC has announced the launch of what it describes as Japan’s first service enabling credit card holders to convert reward points directly into stablecoins. The service, developed in partnership with Mitsui Sumitomo Trust Club and blockchain infrastructure firm HashPort, is scheduled to go live on June 1. How the Service Works Initially, the service will be available to holders of Diners Club and TRUST CLUB credit cards issued by Mitsui Sumitomo Trust Club. Cardholders will be able to exchange their accumulated reward points for JPYC, a yen-pegged stablecoin. The swaps will be processed through HashPort’s non-custodial wallet,…

Hut 8 is pushing even further into AI infrastructure than most other Bitcoin miners are. Its latest disclosures show a company using power access, data center leases, project debt, and $BTC-backed liquidity to build the financing stack for that move. The company’s latest disclosures put numbers around that transition. Hut 8 reported $16.8 billion in triple-net, take-or-pay contracted lease revenue across two hyperscale AI campuses, then separately refinanced a $200 million Bitcoin-backed credit facility with FalconX. The new facility cut the fixed rate to 7.0% from 9.0% and unencumbered roughly 3,300 $BTC from the prior collateral package. Taken together, the…

Somnia has announced a new integration with LI.FI is introducing cutting-edge cross-chain swap and bridge technology to its expanding blockchain infrastructure. The collaboration will help to facilitate liquidity mobility, developer onboarding, and interoperability within autonomous and real-time applications on Somnia’s Agentic Layer 1 network. We’re excited to announce our integration with @lifiprotocol, bringing mature crosschain routing infrastructure to the Agentic L1. Developers building on Somnia can now tap into mature swap, bridge, and deposit routing across 60+ chains via https://t.co/Mk1UyLsjW4’s APIs and… pic.twitter.com/ysS0RSQgsG — Somnia (@Somnia_Network) May 25, 2026 The integration allows developers to have direct access to LI.FI’s cross-chain…

London-listed The Smarter Web Company (LSE: SWC) disclosed on May 26 that it acquired 10 Bitcoin at an average price of £55,786 per coin, equivalent to roughly $74,904. The purchase totaled £557,865 and brings the company’s aggregate Bitcoin holdings to 2,869 $BTC. The firm’s cumulative investment in Bitcoin now stands at £232.48 million, with an average acquisition cost of £81,032 ($109,000) per $BTC, highlighting that the latest purchase was executed well below its overall cost basis. The company has leaned into Bitcoin as a treasury reserve asset, positioning it as a core component of its capital allocation framework. Management said…

Blockchain company Cripco, known for operating an $NFT business in partnership with IPX (formerly Line Friends), has announced a collaboration with Minicoin and Creditcoin via its official Discord channel. The move has sparked widespread speculation that IPX may be winding down its $NFT operations. Community Merger and Transition Details In a statement posted to Discord, Cripco said its community will merge into Minicoin’s official channel. The company indicated that a transition schedule and further instructions will be provided in a separate notice. Cripco also confirmed that a guide is being prepared for existing holders of Cripco assets, including NFTs and…

Hanwha Investment & Securities, a major South Korean financial services firm, has announced plans to acquire an additional stake in Dunamu, the operator of the country’s largest cryptocurrency exchange, Upbit. The move, valued at approximately 597.8 billion won ($439.6 million), signals a continued strategic bet on the digital asset sector by a traditional financial heavyweight. Details of the Acquisition The company’s board of directors approved the cash acquisition of 1,361,050 Dunamu shares on May 20. The transaction, scheduled to close on June 15, will increase Hanwha’s total holdings in Dunamu from 5.94% to 9.84%, representing a total of 3,430,500 shares.…

Coinbase and CEO Brian Armstrong are bankrolling a rapidly expanding pro-crypto political machine, pouring tens of millions of dollars into Fairshake as Washington’s 2026 election fight over digital assets intensifies. Coinbase and Armstrong are helping assemble what they describe as an “8-figure political war chest” by routing $25.5 million into Fairshake, a crypto-focused super PAC backing pro-digital asset candidates in what the exchange calls the industry’s “most consequential” U.S. election yet. According to Fairshake spokesperson Josh Vlasto, Coinbase contributed $24.5 million while Armstrong personally donated another $1 million, putting the exchange and its chief executive behind roughly one-third of the…

US-based derivatives giant CME Group has begun offering Avalanche ($AVAX) and Sui ($SUI) futures contracts to institutional investors. With this move, two high-capacity blockchain platforms have joined CME’s expanding lineup of cryptocurrency derivatives. New futures products and contract specifications CME has launched both standard and micro futures for Avalanche and Sui. The platform now offers a standard Avalanche contract sized at 5,000 $AVAX, as well as a micro contract for 500 $AVAX. For Sui, investors can access a standard contract of 50,000 $SUI and a micro contract sized at 5,000 $SUI. These futures enable institutions to gain exposure to $AVAX…

On Tuesday, May 26, Ripple reportedly filed two new U.S. trademark applications for its Triskelion logo and word mark, sparking discussions across the crypto space and traditional market. According to reports shared on X, the move suggests that Ripple is looking to expand its services beyond blockchain infrastructure and digital asset payments. Ripple expands Wall Street presence Notably, the latest trademark application from Ripple has been filed to cover its wide range of institutional financial services including treasury operations, digital asset management, cash and risk management, investment advisory services, and bank reconciliation. The move seeks to expand protection to its…