Author: NBTC

Are you ready to witness a pivotal moment in the global digital economy? Hong Kong is making a bold and strategic move, positioning itself at the forefront of the next generation of the internet. The city’s government-backed business hub, Cyberport, has just launched a groundbreaking initiative: a pilot funding program specifically designed to ignite and accelerate Hong Kong Web3 and blockchain development. This isn’t just about financial support; it’s about fostering an ecosystem where innovation can truly thrive. Understanding the Cyberport Pilot Funding Program: A Gateway to Innovation At its core, this initiative is a direct response to the burgeoning…

Cryptocurrency analysis firm CryptoQuant has pointed out a notable whale movement in the Bitcoin market. According to data shared by the company, new investor wallets holding 1,000 BTC and above, or “new whales,” have been accumulating record levels of Bitcoin in recent months. CryptoQuant’s focus indicator, “New Whale-Held Supply,” focuses on large wallets created in the last six months. This analysis ignores long-dormant cold wallets and only considers new investment decisions. Highlights from March 1 to June 4, 2025: The amount of Bitcoin held by new whales has doubled: from approximately 500 thousand BTC to 1.1 million BTC. This means…

Stablecoin issuer Circle’s debut on the New York Stock Exchange exceeded expectations after its stock quadrupled from its $31 IPO price within 24 hours, raising over $1.1 billion and becoming the largest crypto IPO in recent history.  Now, several major crypto firms are vying to go public—from prime brokerages to exchanges—the political and economic winds are beginning to shift in their favor. President Donald Trump’s administration has pushed for a more conducive environment for the industry, as the SEC continues to drop major enforcement cases leftover from the Biden era. It also marks crypto’s most significant push into mainstream finance…

Traders have started dumping the Plume token, bringing the price down more than 10% following the death of the network’s co-founder and CTO, Eugene Shen on May 29. On May 29, the network’s official X account announced that its co-founder and Chief Technology Officer, Eugene Shen, has passed away earlier this week. Although the cause of death was not mentioned, the post seemed to imply that Shen’s death came suddenly. “We’re in shock. Eugene was brilliant, deeply curious, and brought so much talent and heart to everything he did. Our thoughts are with his family and loved ones,” wrote the…

Goldman Sachs CEO David Solomon urged Europe to reconsider its extensive regulatory requirements since they burden companies unnecessarily. He said Europe remains an outlier in terms of the overbearing, duplicative, and costly obligations it places on firms. According to Solomon, Europe’s financial system has been criticized for its national-level regulations, overlapping reporting obligations, and slow progress on capital markets and banking union reforms. The region’s financial system is also often seen as a barrier to investment. Solomon says the EU’s regulations hinder growth Elon Musk: Radical deregulation is necessary in Europe. If that means leaving the EU, it means leaving…

Yoshitaka Kitao, CEO of the SBI Group, has published a tweet, in which he highlighted a major new step for the XRP Ledger – the rollout of a Permissioned DEX (decentralized exchange) on the XRPL. Introducing Permissioned DEX on the XRP Ledger: Unlocking Institutional Access to DeFi https://t.co/SFYeEB4dHW — 北尾吉孝 (@yoshitaka_kitao) June 26, 2025 Here’s how the Permissioned DEX on XRPL works This is a pivotal move for real-world financial apps running on the XRPL. According to the latest press release published by Ripple, the Permissioned DEX allows regulated financial institutions “to trade or move value on the XRPL Decentralized…

MemeCore has officially announced a strategic partnership with Neo Blockchain in a major leap forward in the meme economy and blockchain innovation. The partnership is based on an extended relationship between the two organizations that goes back to the early history of MemeCore. Through this renewed dedication, both platforms have started to impact the future of the meme token market through the next step by launching Meme 2.0. 🎉MemeCore x Neo🐜We’re excited to announce our partnership with @Neo_Blockchain !What is Neo?Neo is an open-source, community-driven blockchain platform designed to empower the smart economy.From the very beginning of MemeCore’s journey, Neo…

In a move signaling the increasing mainstream acceptance of digital assets, Australian Securities Exchange (ASX) listed company Locate Technologies has announced its foray into the world of cryptocurrency investments. The company confirmed its decision to allocate a portion of its surplus cash reserves into Bitcoin, following a long-term strategic approach to treasury management. This step by Locate Technologies is not just an isolated event but fits within a growing global trend of Corporate Bitcoin Adoption. What Does Locate Technologies’ Bitcoin Investment Mean? Locate Technologies publicly shared on the social media platform X that it has committed approximately $667,000 USD of…

Tensions in the Middle East are rising rapidly. The Iranian Parliament has approved a bill to close the strategically important Strait of Hormuz. The decision will need approval from Iran’s Supreme National Security Council to be fully implemented. A member of the National Security Committee of the Iranian Parliament said the Revolutionary Guards are ready to close the strait if necessary. On the other hand, there have been notable statements and moves from the US and Israel. Israeli President Isaac Herzog stated on CNN’s State of the Union program that Iran’s nuclear program had not been completely eliminated, but had…

For years, Litecoin’s narrative as the digital silver to Bitcoin’s gold has appeared to be on the wane, with its price down some 76% from its all-time high set more than four years ago. But that doesn’t mean Litecoin has been forgotten. On the occasion of the Litecoin Summit, BitcoinOS has revealed that it’s pioneering a trustless ZK rollup for Litecoin. “Litecoin is one of the biggest chains out there with a massive audience,” Edan Yago, co-founder and core contributor to BitcoinOS, told Decrypt. “I think we’re about to see a renaissance.” Their latest work with Litecoin, through LitVM, a…