Author: NBTC

The Ethereum Foundation (EF), the nonprofit organization tasked with stewarding the development of the Ethereum blockchain, is reportedly experiencing a significant loss of personnel. According to a report from crypto journalist Laura Shin, the departure stems from frustrations with the direct interventions of Ethereum co-founder Vitalik Buterin. Allegations of Internal Turmoil The claims originate from Kain Warwick, the founder of the decentralized finance protocol Synthetix. Warwick described former EF members as ‘missionaries’ who worked for below-market salaries without equity compensation. He alleged that Buterin’s hands-on management style led to the dismissal of key leadership figures, including co-Executive Director Tomasz Stańczak,…

Hark’s founder Brett Adcock, who also founded Figure AI, earlier today announced that the firm had completed a Parkway Venture Capital-ed Series A round that attracted $700 million at a $6 billion valuation from other tech giants, like NVIDIA (NASDAQ: NVDA), AMD Ventures, Intel Capital (NASDAQ: INTC), Qualcomm Ventures (NASDAQ: QCOM), and Salesforce Ventures (NYSE: CRM). Hark’s CEO, Brett Adcock, said the money will be used to scale its GPU infrastructure, grow its team from 70 to 200 engineers, and design new AI hardware. The company wants to build “personal intelligence” that is more advanced than basic chatbots; something with…

Ripple Backs SwissHacks 2026 as Challenge Sponsor, Bringing $XRP Ledger Innovation to Finance, Payments, and AI SwissHacks 2026 is emerging as one of Europe’s most closely watched fintech hackathons, reflecting a clear shift from experimentation toward building real financial infrastructure. According to Tenity, a global innovation platform focused on scaling early-stage financial technology, the event will take place in Zurich from June 19–21, bringing together developers, financial institutions, and investors for 48 hours of intensive, problem-driven building. A key headline this year is the participation of Ripple as a Challenge Sponsor, introducing three focused tracks built around enhancing the $XRP…

Rep. Nick Begich and Rep. Jared Golden introduced the American Reserve Modernization Act of 2026 (ARMA), a bipartisan effort that, if approved, will establish a Strategic Bitcoin Reserve in the U.S. that will have to be maintained for at least 20 years. Key Takeaways: Rep. Begich introduced ARMA to buy 1M Bitcoin, shifting market policy before Congress sets future crypto laws. Funding the reserve via gold, the US Treasury would buy 200K $BTC yearly, securing crypto property rights. Following a March 2025 EO, ARMA stabilizes US markets as Congress next drafts long-term crypto policy. Bipartisan Strategic Bitcoin Reserve Bill Introduced…

On May 19, 2026, Wego, Middle East and North Africa’s (MENA) leading travel marketplace headquartered in Dubai, announced a partnership with Triple-A to launch stablecoin payments for flights and travel bookings. Wego Partners with Triple-A to Launch Stablecoin Payments According to sources, Wego, the leading travel app and online marketplace in the MENA region, has partnered with Triple-A, a global payment institution licensed in the US, Europe, and Singapore, to launch stablecoin payments for flights and other travel bookings. The integration allows travelers to complete bookings using supported stablecoins, while Wego receives full settlement in traditional local fiat currencies. Triple-A…

The Bitcoin community celebrated the 16th anniversary of “Pizza Day” on Friday, marking the first recorded commercial Bitcoin transaction, in which real-world goods were purchased with Bitcoin. In May 2010, software developer Laszlo Hanyecz published an online post offering 10,000 $BTC, which was valued at about $41 at the time, in exchange for two Papa John’s pizzas. At current market prices, the $BTC is worth more than $767 million, and at the all-time high of about $126,000 reached in October 2025, the 10,000 $BTC was valued at more than $1.2 billion. Nischal Shetty, the founder of crypto exchange WazirX, said:…

In a groundbreaking move to protect users and recover financial losses if digital assets are lost or stolen, Firelight Finance, a decentralized risk cover protocol, today announced a strategic partnership with Lombard Finance, a Bitcoin DeFi protocol. This collaboration enabled Firelight Finance to join forces with Lombard Finance to introduce Bitcoin-backed DeFi cover markets to help $BTC customers protect themselves and their digital assets from various on-chain risks. Firelight is a decentralized DeFi insurance protocol built on the Flare Network, protecting clients from financial losses that could happen when using decentralized finance. DeFi and crypto markets continue to experience major…

David Hoffman, a prominent host of the popular crypto podcast and media platform Bankless, has publicly announced that he has sold his entire position in Ethereum ($ETH). The disclosure, made through his social media channels, did not specify the exact amount of $ETH sold or the total value of the transaction. The announcement has sparked significant discussion within the cryptocurrency community, given Hoffman’s long-standing reputation as a vocal advocate for Ethereum and decentralized finance. A Notable Departure from a Core Belief Hoffman’s decision is particularly noteworthy because Bankless has built its brand around the ethos of a decentralized, Ethereum-powered financial…

The US Securities and Exchange Commission’s move to allow third parties to list tokenized stocks could risk two structural disruptions with liquidity and revenue fragmentation, according to Tiger Research. Liquidity fragmentation may occur as capital disperses from centralized exchanges across multiple blockchain platforms, said Tiger Research director and head of research Ryan Yoon on Friday. “Traditional finance views the breakup of its previously consolidated, centralized liquidity as a serious structural threat,” said Yoon. When third parties tokenize the same listed stock across different blockchain networks and decentralized platforms, the trading volume and order flow that should concentrate on a single…

Current CTO Emeritus at Ripple, David Schwartz, sparked a wave of speculation in the $XRP community after setting a “Fuzzybear” image as his profile picture on X. For supporters of conspiracy theories, this move became a long-awaited secret sign, even though Schwartz had recently dismantled the key myths around this meme conspiracy theory. For those not deep in the lore, for radical $XRP supporters, the bear image is not just a picture, but the Holy Grail of local folklore, going back to the mysterious anonymous figure bearableguy123. This character spent years publishing financial cryptograms, predicting $XRP’s global dominance and the…