Author: NBTC

Cryptocurrency investor and Asymmetric Financial founder Joe McCann announced that he has decided to close the Asymmetric Liquid Alpha Fund due to intense investor backlash following the company’s 78% year-to-date loss. This development comes just after McCann recently announced plans to establish a $1 billion treasury fund for the Solana ecosystem. The fund has already lost nearly 70% of its value. In his official statement, McCann responded to the changes made to the fund structure and what he considered to be some “misleading information” spread on social media: “Asymmetric’s Liquid Alpha Fund was established to trade in markets characterized by…

Sui Research has introduced a cryptographic framework that could offer protection against quantum computing threats without requiring hard forks, address changes or key updates. Cryptographer Kostas Chalkias wrote in a Monday X post that the recent research paper he co-authored with Sui Research constitutes “a major breakthrough in quantum transition of ‘some’ blockchains.” He explained that while the new approach would apply to Sui, Solana, Near, Cosmos and other networks, it would not apply to Ethereum and Bitcoin. “As far as I know, this is the first backward-compatible quantum-safe upgrade path for blockchain wallets to avoid future forks or freezing…

“Bitcoin is still tracking past cycles surprisingly well,” said engineer and analyst ‘apsk32’ on X on Monday. This is quite remarkable given the headwinds such as US trade tariffs and geopolitical conflicts they added. Nevertheless, there was still a big price prediction to go with it. “If the pattern holds, we would expect a peak somewhere around $200,000 in November or December of this year.” Bitcoin to Surge Higher The analyst produced a Bitcoin Power Curve Cycle Cloud chart stating that if BTC is measured in gold ounces, “it looks like the cycle hasn’t even started.” Bitcoin’s still tracking past…

The Ether Machine has purchased nearly 15,000 ETH at a cost of $56.9 million, making the newly formed company one of the largest holders of Ethereum, overtaking the Ethereum Foundation itself. This brings the total Ethereum purchased and committed by The Ether Machine to 334,757 ETH, with up to $407,000,000 remaining for additional ETH stockpiling.  The Ether Machine sprang into existence only last week, via a merger between The Ether Reserve, LLC and publicly traded blank check firm Dynamix Corporation. It plans to list on the NASDAQ in Q4. Funded by startup capital from Andrew Keys, the former head…

US President Donald Trump has taken the pressure on Fed Chair Jerome Powell, whom he has long criticized, hinted at impeachment, and called for his resignation, a step further. Trump will make a surprise visit to the Fed today. Details of the visit are being kept under wraps, and it’s not yet known whether there will be a private meeting with Powell. According to the statement made by the White House, Trump will go to the FED building at 23:00 Turkish time. As is well known, Donald Trump has been constantly pressuring Fed Chair Powell. Trump has repeatedly criticized Powell…

Crypto asset manager CoinShares has launched a new exchange-traded product (ETP) that gives investors exposure to Sei while eliminating management fees and offering a 2% staking yield.The product, listed under the ticker CSEI, will be traded on the SIX Swiss Exchange. It marks the first regulated investment vehicle offering direct access to SEI, a Layer-1 blockchain designed to support high-speed, low-latency trading infrastructure. CoinShares, which manages over $8 billion in digital assets, said the launch aims to remove hurdles for institutional investors who previously faced complex custody and operational requirements to access SEI. The product is physically backed by SEI…

Planck, an infrastructure protocol targeting the artificial intelligence boom, has launched a layer-0 blockchain aimed at supporting decentralized AI networks, the company said Tuesday. The blockchain is designed to serve as foundational infrastructure for AI applications, particularly those built for decentralized physical infrastructure networks (DePINs). These networks combine hardware, token incentives and distributed processing to create alternatives to centralized resources, such as cloud services. The move aligns with a growing push within the crypto industry to bring Web3 principles of decentralization to AI development, a sector still dominated by centralized players such as OpenAI and Google. “Currently, high-performance AI compute…

Capital is flooding into digital assets at a record pace this year, according to Wall Street bank JPMorgan (JPM), marking a sharp contrast with declining flows into private equity and private credit markets. JPMorgan estimates that net capital inflows into digital assets have hit $60 billion year-to-date, a nearly 50% jump since the firm’s last update at the end of May, the bank said in a report Wednesday. That figure includes crypto fund flows, Chicago Mercantile Exchange (CME) futures activity, and crypto venture funding, and puts 2024 on track to eclipse last year’s record. “The surge of capital inflows into…

RAKBANK, one of the oldest lenders in the United Arab Emirates (UAE), is allowing retail customers access to cryptocurrencies through a partnership with Vienna-based crypto exchange Bitpanda, the companies said on Tuesday. Users can now access “a range of cryptocurrencies” via RAKBANK’s mobile banking app. The bank did not specify which cryptocurrencies would be on offer by press time. The service includes buying, selling and swapping crypto assets using dirhams (AED), sidestepping the typical foreign exchange charges tied to trading in dollars or euros. Transactions are processed directly from users’ savings or current accounts, eliminating the need to transfer funds…

TL;DR EigenDA V2 is now live on Ethereum mainnet, delivering a massive 100 MB/s throughput that eclipses Visa’s peak transaction capacity by over twelve times. Major projects like Fuel Network and Aevo are already running production traffic through this upgrade. Backed by extensive stress tests and a custom-built database, EigenDA V2 aims to redefine scaling for Ethereum rollups and future cloud-scale applications. Ethereum’s 10th anniversary brings not only celebration but also remarkable technical progress as EigenDA unveils its upgraded mainnet solution. This milestone sees the data availability system pushing throughput far beyond the original 50 MB/s target, comfortably sustaining 100…