Author: NBTC

A New York lawsuit seeking ownership of thousands of long-dormant Bitcoin wallets, including some believed to date back to the network’s creator, Satoshi Nakamoto, has taken a significant turn. The plaintiffs have withdrawn 44 wallets from the case after on-chain data revealed that the addresses in question had been recently active, directly contradicting their core legal argument that the assets were abandoned. Plaintiffs Narrow Scope of Landmark Bitcoin Ownership Case The lawsuit, filed by an anonymous plaintiff identified as Noah Doe alongside two corporations, originally targeted 39,069 Bitcoin wallets. According to a withdrawal notice submitted on July 7, the number…

Aave recently amplified a widely shared post from @MDNwire about a major crypto whale depositing nearly $500 million into the platform. This transaction, noted for its size, has sparked discussions around potential shifts in market sentiment and investor confidence. Breaking It Down The broader crypto market is currently displaying mixed signals, with varying momentum across major assets. The announcement of the whale deposit into Aave has drawn attention to its liquidity and governance capabilities. As DeFi continues to evolve, such substantial transactions signal confidence in Aave’s ecosystem and may influence trading strategies. Traders are particularly interested in how this deposit…

Sony Group has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a trust bank dedicated to issuing and managing a dollar-backed stablecoin, according to a report by BankingDive. The subsidiary, named Connectia Trust, will operate under Sony Financial Group and is expected to be established this month with $40 million in initial capital. What the OCC Approval Means for Sony’s Stablecoin Plans The conditional charter allows Sony to move forward with preparations to launch the stablecoin business by 2027. However, specific product details and target customer segments have not been disclosed. A…

When a metaverse token and a DeFi yield protocol suddenly top the whale activity charts, something is shifting in the order books. According to the on-chain update from Santiment, Decentraland’s $MANA saw a 833% weekly increase in the number of whale transactions over $100,000. Pendle on Arbitrum wasn’t far behind at 800%, followed by a mix of stablecoins and smaller-cap tokens. The data highlights a sudden repositioning by larger wallets across a set of assets that don’t usually dominate whale activity rankings. USAT jumped 400%, MakerDAO’s DAI on Optimism also rose 400%, Telcoin climbed 350%, and Virtuals Protocol’s VIRTUAL recorded…

Ripple executive and current President of the National Cryptocurrency Association (NCA), Stuart Alderoty, has urged federal lawmakers to stop treating the U.S. cryptocurrency constituency as some sort of marginal movement. Alderoty has noted that 67 million American adults now hold digital assets. The “fringe” myth A recent Politico poll shows that only 27% of Americans support the CLARITY Act. Some Washington insiders have concluded that the progress of the crypto movement is irrelevant to the average American based on the results of the poll. However, Alderoty pointed out that a recent study found that one in four American adults now…

Prediction market Polymarket applied for a license to offer U.S. users margin trading, enabling them to place bets with less upfront capital, Bloomberg reported Thursday. Polymarket’s U.S. affiliate, Coming Home GBA LLC, filed for a futures commission merchant license with the National Futures Association, Bloomberg said, citing a company representative. Polymarket will also require authorization from the Commodity Futures Trading Commission (CFTC) for changes to its rulebook that would allow trading without fully collateralized positions. Prediction market platforms like Polymarket and Kalshi offer yes-or-no wagers on the outcomes of events, such as weather, sports and elections. Margin trading lets investors…

Sending a Bitcoin payment still feels very different from sending a message. You open a wallet, copy an address, switch apps, paste the details and hope everything is correct before pressing send. The team behind Cake Wallet wants to eliminate that process. It has launched Radar Chat, a new messaging app that combines end-to-end encrypted conversations with self-custodial Bitcoin Lightning payments, allowing users to send Bitcoin as easily as sending a text message. Built by the creators of Cake Wallet, which is trusted by nearly 2 million users, Radar Chat is available today on iOS and Android. Messaging and Payments…

In brief Strategy has started selling Bitcoin to fund dividends on its preferred stock, a shift from its long-standing “never sell” stance that has unsettled the market. Standard Chartered calls the selling “mostly noise” and a communication problem, and is sticking to its end-2026 Bitcoin forecast of $100,000. Bitcoin trades around $64,440, up 3.8% on the week but down 42% on the year, while Myriad traders give Strategy a slim chance of holding 1 million $BTC this year. Strategy’s turn from hoarding Bitcoin to selling it, in order to pay dividends on its preferred stock, has “muddied” Bitcoin’s near-term prospects,…

MakerDAO recently announced a significant achievement with its D3M debt ceiling hitting a new all-time high. This accomplishment was amplified in a widely shared post by @CompoundLabs, highlighting the growing relevance of MakerDAO in the decentralized finance space. The tweet celebrated this milestone and its importance for the DeFi community. What Went Down The broader crypto market is currently showing mixed signals, with various assets demonstrating fluctuating momentum. Within this context, MakerDAO’s D3M debt ceiling increase signals substantial growth in its decentralized finance offerings. As institutional interest in DeFi continues to build, this milestone reflects a positive trend for MakerDAO…

Trump Accounts, the federal savings program that deposits $1,000 into accounts for eligible newborns, went live on July 4. For US brokers, the launch opens a new pool of long-term retirement money, and a fresh contest over who gets to hold it. The accounts are custodial traditional IRAs for children under 18, created under the tax law President Donald Trump signed in July 2025. The Treasury runs them at the start, but families can later move the balance to a private broker, and that hand-off is what the industry is chasing. The Treasury tapped Robinhood to build the Trump Accounts…