Author: NBTC

XTB has received approval to offer CFDs in Indonesia and expects to introduce the product within weeks, CEO Omar Arnaout said in an interview published Thursday. The authorization broadens an existing local operation that had focused on stocks and exchange-traded funds. Arnaout disclosed the timetable in an interview with Polish-language YouTube channel Comparic. Only minor operational work remains before XTB can “officially start within a few weeks,” he said in comments translated from Polish by FinanceMagnates.com. Warsaw-listed XTB entered Indonesia through the acquisition of a 90% stake in Eagle Capital Futures, completed in January 2024. Its local subsidiary later received…

Proactive Post-Quantum Adoption World recently unveiled an open-source and production-ready zero-knowledge (ZK) proving toolkit designed to enable individuals to generate cryptographic proofs directly on smartphones and web browsers. Already integrated into World ID, the toolkit known as Provekit v1 allows users to verify personal information without revealing underlying sensitive data to third parties. The launch comes a few months after the Sam Altman-founded entity unveiled a developer toolkit designed to bring cryptographic proof of human identity to the growing field of artificial intelligence (AI) agents. At the time, World said the toolkit would allow AI agents to prove they are…

Bitcoin’s race to become quantum-resistant may face an unexpected challenge after Anthropic. One of its frontier AI models has discovered novel attacks against weakened cryptographic algorithms. There are now new discussions regarding whether or not artificial intelligence could actually threaten post-quantum encryption before quantum computers crack today’s Bitcoin signatures. Coin Center Executive Director Peter Van Valkenburgh joked about the “funniest timeline,” in which Bitcoin upgrades to a lattice-based post-quantum signature scheme only for advanced large language models to break the underlying mathematics before quantum computers ever manage to pose a threat. Advancing cryptographic research Claude Mythos Preview model has reportedly…

Nvidia stock (NVDA) rose early Wednesday as investors appeared to take some comfort from a new financing initiative involving six of Wall Street’s biggest investment firms. Shares rose around 3% to about $223 in early trading. The MoUs announced Monday bring together Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman Sachs, and KKR to help mobilize more than $500 billion of third-party capital for AI infrastructure projects. The arrangement gives Nvidia’s customers access to a much larger pool of capital without requiring the chipmaker to fund the entire buildout itself. The participating financial firms will independently evaluate individual projects…

$HYPE is up over 17% over the past 24 hours, rising from around $58 to a high of $72. This comes immediately after President Trump stated that the Commodity Futures Trading Commission is working to bring the decentralized exchange into the United States. Trump made the comment on Wednesday at a White House gathering of executives across crypto, tech and finance. “I understand that Mike is also working to bring Hyperliquid into the United States in a fully compliant and legal fashion,” he said, referring to CFTC Chairman Michael Selig, and adding that Selig was working very hard on it.…

A South Dakota bank executive is warning that proposed stablecoin legislation could inadvertently drain deposits from regional banks, reducing their ability to lend to local communities. Nate Franzen, head of agricultural finance at First Dakota National Bank, argues that unless the CLARITY Act currently under discussion in the U.S. Senate includes strict limits on stablecoin rewards, the financial stability of smaller banks could be at risk. The CLARITY Act and Stablecoin Rewards The CLARITY Act aims to establish a federal framework for stablecoins, which are digital assets pegged to traditional currencies like the U.S. dollar. A key point of contention…

Coinbase, the largest U.S. cryptocurrency exchange, has introduced a new ‘Launches’ tab within its mobile app, enabling users to instantly discover and trade newly issued onchain tokens on the Base and Solana blockchains. The feature bypasses the traditional listing process, allowing immediate buying and selling of tokens as soon as they are created. How the Launches Tab Works The Launches tab uses automated infrastructure indexing technology to detect and surface newly created onchain tokens in real time. When a token is minted on Base or Solana, it can appear in the app almost immediately, giving users early access without waiting…

Twenty One CEO Warns Bitcoin Hashrate Is in Its First Bear Market Bitcoin mining may be entering territory the industry has never seen before. Rapha Zagury, CEO of Tether-backed bitcoin treasury company Twenty One Capital, told the Bitcoin Asia 2026 conference in Hong Kong that the network is going through its first “bear market in hash rate.” “We’re living, I think, through the first bear market in hash rate that we’ve ever seen in Bitcoin history,” Zagury said during his Aug. 28 keynote. Bitcoin’s hashrate approached 1.3 zettahashes per second late last year before beginning a gradual decline. According to…

K33 Research, a leading crypto analytics firm, has released a report suggesting that the U.S. Federal Reserve’s upcoming Federal Open Market Committee (FOMC) rate decision may have a more muted effect on Bitcoin than in previous cycles. The analysis, cited by CoinDesk, points to a significant shift in the relationship between Bitcoin and traditional risk assets, particularly the Nasdaq. Weakening Correlation with Tech Stocks According to K33’s head of research, Vetle Lunde, Bitcoin has been trading sideways while the Nasdaq entered July with strong momentum and overly extended positioning. This divergence is notable because the two assets have historically moved…

The U.S. Securities and Exchange Commission’s Division of Investment Management said Wednesday that it would not recommend enforcement action if Franklin Templeton’s U.S. registered funds hold shares of its onchain money market fund through an affiliated blockchain-integrated custody and recordkeeping system. The funds can use Franklin OnChain U.S. Government Money Fund shares for cash management, including securities-lending collateral. The change addresses a mismatch between the digital shares and Rule 17f-2 custody provisions designed for physical or certificated securities. SEC staff agreed not to enforce paragraphs (b), (e) and (f) of the rule for the arrangement if Franklin’s funds and transfer…