Author: NBTC

Whale gains $4M+ from BTC and SOL shorts via high-leverage trading on DeFi protocols. SOL short exit in progress after $1.77M profit and $121K in funding earned. ETH short lags with $141K loss despite funding gains, showing mixed strategy results. A high-stakes crypto trader has recorded millions in profits from strong short positions across Solana (SOL), Bitcoin (BTC), and Ethereum (ETH). On-chain activity reveals fast-paced trading behavior on decentralized protocols. The wallet, labeled 0x5b5d5120…F298C060, maintains a leveraged trading strategy totaling $57.66 million in notional value, exclusively allocated to perpetual contracts on the Hyperliquid and HIP-2 protocols. No funds are currently…

The U.K. government is under fire from music legend Elton John, who has branded proposed AI copyright changes as “criminal” and accused officials of “committing theft” from artists. “The danger is for young artists, they haven’t got the resources to keep checking or fight big tech,” John said in a BBC interview on Sunday. “It’s criminal and I feel incredibly betrayed.” John’s statements come in response to a controversial proposal that would ease copyright laws in the country, allowing AI developers to train models on any creative works they have lawful access to. Should the government proceed with the plans…

WORLD3 unfolds its groundbreaking collaboration with Quack AI, marking a major leap in decentralized systems. This partnership is considered a remarkable milestone in Autonomous governance and its evolution. The alliance strives to merge decentralized infrastructure into the strategic AI capabilities to revise the operation of digital governance among all blockchains. 🦆 WORLD3 × Quack AI 🤖⚖️We’re thrilled to announce a strategic partnership with @QuackAI_AI — the first AI protocol for universal on-chain governance!Quack AI is revolutionizing how DAOs operate with AI-powered proposal filtering, autonomous decision-making, and real-time… pic.twitter.com/WAKKxvkQKn — WORLD3 (@WORLD3_AI) May 21, 2025 WORLD3, a protocol for Autonomous world…

Coinbase quietly guards a digital war chest of 2.7 million bitcoin, with Wall Street giants, tech titans, and mining firms all locking their crypto fortunes behind its walls. Digital Fort Knox Onchain data from timechainindex.com shows that San Francisco–based Coinbase (Nasdaq: COIN) currently safeguards 13.7% of the bitcoin ( BTC) in circulation. Beyond running a trading venue, the firm stewards sizeable balances for an array of counterparties, ranging from peer exchanges and miners to issuers of exchange‑traded products (ETPs). Coinbase’s trove of customer assets totals 1,045,246 BTC, and the platform likewise custodies reserves for Revolut (28,536  BTC), Bitvavo  (22,695  BTC),…

Get ready for a significant moment in the world of digital assets! A groundbreaking development has just unfolded, showcasing the increasing integration of cryptocurrencies into traditional finance. Mantle mETH, the liquid staking token from the Mantle Network, has achieved a historic first by being included on the balance sheet of a publicly traded company. This move by Beyond Medical Technologies, through its Ethereum treasury managed by Republic Technologies, marks a pivotal step for Liquid Staking Tokens and signals a potential shift in how public companies approach their treasury strategies. What is Mantle mETH and Why is it Making Waves? Before…

Amber International has announced a bold new move: the launch of a $100 million crypto reserve aimed at reshaping how traditional finance interacts with digital assets. What makes this initiative stand out is its AI-powered strategy, which is designed to identify and support promising blockchain projects and unlock new business opportunities across the crypto ecosystem. A Smarter Reserve: Powered by AI and Targeting High-Potential Projects Amber’s smart AI system scans on-chain data, developer activity, and even Crypto Twitter sentiment to spot the next big blockchain projects. The goal? To invest early in potential unicorns before they hit mainstream awareness. The…

“I don’t think it’s here to stay,” Dave Portnoy said, referring to meme coins—the same corner of crypto he’s often poured fuel on through his social media antics. Speaking on stage at Consensus 2025 with Tom Farley, CEO of crypto exchange Bullish, the Barstool Sports founder peeled back the layers of his short, chaotic stint in the meme coin world. With his usual brash candor, Portnoy described a journey of sudden windfalls, legal landmines, and the kind of public backlash that might make even the most hardened internet provocateur think twice. “I love the rush, I’m a gambler at heart,”…

Texas, one of the leading states in the US in technology and financial innovation, is preparing to take an important step in the field of cryptocurrencies. The Texas Strategic Bitcoin Reserve Act (SB 21) will receive a second reading in the House of Representatives on May 20. This process is a mandatory step for the bill to be brought to a final vote. Satoshi Action Fund (SAT) co-founder Dennis Porter announced on social media that SB 21 is moving forward in the House. If the bill passes a full vote in the House before the end of the legislative session…

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Solana To Get Major Design Overhaul Proposal For New Ethereum Nodes to Make Them Easier to Run World Network’s $135 Million Token Sale Solana Seeker Mobile Coming Early August Network news SOLANA TO GET MAJOR DESIGN OVERHAUL: Solana developers are planning what could be the blockchain’s most ambitious core upgrade to date — one that replaces its current technology stack with a redesigned consensus protocol built for near-instant finality and…

Coinbase stock price had its best week since November last year, even as the company moved from one bad news to another. Coinbase shares ended the week at $266, their highest level since February and 88% above their lowest level this year. This gives Coinbase a market cap of over $67.8 billion. Coinbase stock price weekly performance | Source: TradingView Coinbase experienced major headwinds This rally happened in a difficult week for the company and the crypto market. First, the recent crypto market rally stalled, with Bitcoin (BTC) remaining stubbornly below $105,000 and many altcoins crashing by double digits from…