Author: NBTC

Wall Street banks are restricting employee trading on prediction market platforms due to fears that they may use nonpublic information to trade event contracts. Goldman Sachs has reportedly banned its employees from trading on event contracts that are specific to the bank, including financial markets, macroeconomic events, elections and geopolitics, CNBC reported, citing people familiar with the matter. Unnamed sources from Morgan Stanley also told CNBC that the bank has policies regarding prediction market trading by employees, while a spokesperson for Bank of America said the bank was in the process of issuing new prohibitive measures for employees on prediction…

0G announced a collaboration with Alibaba Cloud to make Qwen models directly accessible to AI agents through blockchain infrastructure. The integration uses token-based access so agents can invoke Qwen without account setup, fiat billing or manual configuration. 0G frames the stack as Qwen powering intelligence and 0G providing verification, with developers able to build agents for language understanding, decisions and multi-step workflows across agentic AI applications globally. 0G has announced a collaboration with Alibaba Cloud to bring Alibaba’s Qwen large language models onchain, giving AI agents direct access to a major model family through blockchain infrastructure. The June 3 announcement…

Nasdaq-listed company Empery Digital has sold a large chunk of its Bitcoin holdings to raise cash, according to a filing with the US Securities and Exchange Commission. At the time of writing, Bitcoin price is up by more than 2.20% and is trading slightly below the $64,000 mark. What happened Empery Digital sold 1,400 Bitcoin since May at an average price of $62,200 each. That sale brought in about $87.1 million. The company said the money is being used for three things. First, the company put $10 million of the proceeds toward debt repayment on July 7 now. Second, some…

Compound Labs has officially launched Compound III, following a successful COMP Governance proposal. This new version emphasizes security, capital efficiency, and enhanced user experience, which could significantly impact the DeFi space. For more details, check the official announcement here. The Key Development In a notable development for decentralized finance, Compound III is now operational, marking a pivotal step forward for the protocol. This upgrade focuses on delivering a more secure and efficient platform for borrowers, promising to streamline user interactions. The broader crypto market shows mixed signals, yet the enthusiasm around Compound III, with its emphasis on user experience, could…

Sui was built from scratch because its engineering team, most of whom worked on Meta’s Diem project, needed a data model and a programming language that no existing blockchain offered. Forking Ethereum or Solana would have meant inheriting an account-based ledger that processes transactions one after another. That structure could not deliver the sub-second finality and parallel execution the team was aiming for. Why Didn’t Mysten Labs Just Fork Ethereum or Solana? Sui’s founders, working under Mysten Labs, came out of Meta’s Diem (formerly Libra) project. When Diem was shut down by regulators in 2022, the team kept two things:…

South Korea’s Korea Customs Service has uncovered 47 money exchange businesses engaged in illegal financial activities, including those handling virtual assets, according to a report by TV Chosun. The crackdown, which began in March, targeted 104 of the country’s 1,320 registered money exchange businesses, focusing on those located in areas with high concentrations of foreign residents and tourists. Scope of the Crackdown The customs agency selected the targeted businesses based on their geographic location and prior suspicion of involvement in illegal remittances using virtual assets. Violations cited include failure to maintain proper transaction ledgers and falsification of exchange records. The…

In a notable cross-chain move, the Solana-based prediction market platform World has announced its decision to migrate to Robinhood Chain. The announcement, made via the project’s official X account, signals a strategic shift for the platform as it seeks to leverage the infrastructure of the newly launched Layer 2 network. What is Robinhood Chain? Robinhood Chain is an Arbitrum (ARB)-based Layer 2 public chain developed by the popular U.S. stock and cryptocurrency trading app Robinhood (HOOD). Launched to offer faster and cheaper transactions while maintaining security through Ethereum’s settlement layer, the chain is designed to attract decentralized applications (dApps) seeking…

Aave recently amplified a post by @0xKolten, stating that any fintech can now embed fixed-rate stablecoin yield into their products. This announcement marks a significant development in the integration of DeFi into traditional financial services, as emphasized in the original tweet. You can view the tweet here. What Happened The broader crypto market is currently displaying mixed signals, yet innovations like this from Aave signal potential shifts in user engagement and market dynamics. The capability for fintechs to embed stablecoin yield into their products could attract more retail investors, expanding the adoption of decentralized finance solutions. Aave’s retweet highlights not…

“The four companies will examine issues in product design, the need for proof-of-concept initiatives, and the possibility of future issuance,” Metaplanet said in a statement. “At this time, nothing has been determined regarding issuance timing, terms, yield, product details, distribution methods, or the form of collaboration.” Japan’s traditional credit market leans in favor of large corporations with public bond offerings. Mid-sized and growth companies often face high costs and operational burdens around issuance, sales, investor management, interest payments and redemptions, according to Metaplanet. Digital credit could open the debt market to these smaller companies, bridging traditional capital markets with onchain…

Ripple spent the first half of 2026 building faster than $XRP could keep up with. From January through June, the $XRP Ledger set records for network activity, tokenized assets and stablecoin adoption, while Ripple signed deals across banking, payments and custody on four continents. Yet $XRP itself lost close to half its value over the same six months. That gap between a busy ledger and a falling token is the defining story of Ripple’s H1, and it is one the market still has not resolved. The numbers: a busy ledger, a falling token Messari’s State of $XRP Q1 2026 report…