Author: NBTC

Kalshi Inc., the federally regulated prediction market platform, has raised an additional $200 million in a new funding round, according to a report from Bloomberg. This fresh capital comes on top of a previously announced $1 billion funding round, bringing the company’s total raised to approximately $1.2 billion. New Investors Enter the Market The latest round introduces two notable first-time investors to Kalshi’s cap table: venture capital firm Layer Global and British asset manager Baillie Gifford. Their participation signals a broadening institutional interest in prediction markets, a sector that has gained significant traction for its ability to aggregate public sentiment…

Cardano founder Charles Hoskinson warned that the network’s research ecosystem could face deep cuts after several Japanese Delegate Representatives voted against a key funding proposal. Hoskinson addressed the Japanese Cardano community in a translated X post on May 21. He said the funding dispute could affect the researchers and labs behind Cardano’s academic work. He warned that if the proposal fails, “Cardano will lose its scientists, and our lab will be forced to close.” Hoskinson also said the research group took years to build and could be hard to replace if funding certainty disappears. 一部の日本のdRepが私たちの研究提案に反対票を投じたことに、深い悲しみを覚えています。… — Charles Hoskinson (@IOHK_Charles) May…

While Washington remains stuck in political disputes, in a fresh statement Ripple CLO Stuart Alderoty declared that the Clarity Act market structure bill is not about protecting corporations, but about protecting the everyday interests of 67 million Americans. According to data from the National Cryptocurrency Association (NCA), that represents one in four adult residents participating in the multi-trillion-dollar crypto economy. Ripple’s interest in the legislation is pragmatic because, according to NCA data, California is the leading state by number of digital asset holders. The state, which is home to San Francisco-based Ripple, accounts for around 9.5 million crypto holders. Earlier,…

Kraken’s parent Payward reported first-quarter adjusted revenue of $507 million, up 3% from a year earlier, as the crypto infrastructure and trading firm expanded beyond spot crypto trading during a weaker market environment, the company said in a press release Monday. The Wyoming-based firm said growth in futures trading and newer business lines helped offset softer activity in its core crypto markets business. Futures DARTs, or daily average revenue trades, rose 51% year-over-year, driven by NinjaTrader, Breakout and expanded derivatives offerings. Total platform transaction volume reached $357 billion in the quarter, though Payward said broader market conditions weighed on activity.…

VAYLA, a next-gen Web3 infrastructure network, has partnered with Token Terminal, a popular crypto analytics entity. The partnership is set to develop smarter, highly scalable, and more transparent Web3 solutions. As VAYLA revealed in its latest X post, the development merges the strengths of both entities to redefine DeFi data architecture. So, the integration of institutional-scale analytics and the swift network growth promise to provide unprecedented value to crypto developers and investors alike. 🚀 Partnership AnnouncementVAYLA Token is excited to join hands with @tokenterminals as we move forward in building smarter, more transparent, and scalable Web3 solutions.@VAYLAOfficial_ x @tokenterminals#VAYLA #TokenTerminals…

Legendary digital artist Mike Winkelmann, better known as Beeple, has published a piece of dystopian artwork that immortalizes Strategy Executive Chairman Michael Saylor and trolls his Bitcoin master plan. The artwork, simply captioned “MICAHEL SAYLOR BUYING THE LAST BITCOIN IN 2140,” visualizes Saylor’s recently stated ambition to relentlessly accumulate the flagship cryptocurrency until the network stops producing new coins. A dystopian vision The artwork made by the artist behind the NFT bonanza features a hyper-surreal, grimy, and dystopian aesthetic that Beeple is known for. It depicts a heavily muscled, weathered, and cyborg-enhanced version of Saylor sitting in a post-apocalyptic room…

The blockchain research and development firm Babylon Labs submitted a Temperature Check to Aave DAO on Monday, seeking approval to integrate Trustless Bitcoin Vaults with Aave V4 and onboard native $BTC as collateral without bridges, wrappers, or custodians. Key Takeaways: Babylon Labs filed a May 25 Temp Check asking Aave DAO to accept native $BTC collateral via Trustless Bitcoin Vaults on Aave V4. The $BTC Vault Swap Spoke targets Aave’s $5B WBTC supply, currently underused on the borrow side, to drive new demand. If the Temperature Check passes, Babylon Labs advances to ARFC review, with audits by Coinspect, Sherlock, and…

Mastercard has completed the acquisition of BVNK, a UK-based stablecoin infrastructure startup, for $1.8 billion. The deal marks one of the largest moves by a traditional payments giant into the digital currency space, signaling a strategic shift in how global money movement may be handled in the coming years. What BVNK brings to Mastercard BVNK provides technology that enables businesses to send, receive, and manage stablecoin payments across more than 130 countries. The company holds payment licenses in multiple jurisdictions, giving it regulatory credibility in a sector often scrutinized by authorities. Its infrastructure allows for near-instant settlement using stablecoins, which…

The Trump administration is preparing to sign an executive order that would create a formal vetting regime for advanced artificial intelligence models before they reach the public. The move represents a notable pivot for an administration that has largely championed deregulation across the tech sector. The draft order, reported to span 16 pages, focuses specifically on what the AI industry calls “frontier” models, the most powerful and capable systems being developed by companies like Anthropic. In English: the government wants to kick the tires on cutting-edge AI before anyone else gets to drive it. What the order actually does At…

The CLARITY Act is moving toward the Senate floor with a promise crypto has spent years asking for: a clearer federal map for digital asset markets. The under-covered risk is that the map runs through the CFTC, making CFTC crypto regulation a capacity test for spot-market oversight after its payroll workforce fell by more than one-fifth. The Senate Banking Committee advanced H.R. 3633 on May 14 by a 15-9 vote, putting the Digital Asset Market Clarity Act of 2025 closer to floor consideration after the House passed the bill in July 2025. Votes and signing timelines have dominated the crypto…