Author: NBTC
Robinhood stock jumped 9% this afternoon after touching a new all-time high of $132.90. The move came on the back of strong business growth and several analyst upgrades that pushed investor interest higher. The stock has already climbed 237% this year, making it one of the most volatile names on the market at press time. As Cryptopolitan reported, the company’s latest quarter showed crypto revenues rising 98% to $160 million. Robinhood also added 2.3 million new funded accounts. That expansion followed its inclusion in the S&P 500 index on September 22, a step that made the stock more visible to…
Pact swap has launched its production version, enabling bridgeless cross-chain swaps of native assets. The platform claims its users can enjoy costs up to 95% lower than those of competing cross-chain DEXs. Pact Swap’s cost cuts come from cutting out middlemen like bridge relayers and custom validators. Pact Swap has launched its production version, enabling bridgeless cross-chain swaps of native assets on main blockchains. The platform claims its users can enjoy costs up to 95% lower than those of competing cross-chain DEXs. The transition comes after a period of live testing, during which Pact Swap executed thousands of swaps involving…
The IPO wave is sweeping through crypto. However, experts warn that Wall Street exposure brings both opportunities and risks. Summary Wall Street exposure brings potential centralization risks Stablecoins are becoming a core part of the financial infrastructure Firms will have to navigate increased regulatory scrutiny The crypto industry no longer operates on the fringes. The latest fundraising efforts and IPOs have shown an increasing appetite for systemic players that benefit from favorable regulation. This includes Circle’s blockbuster IPO, Tether’s reported fundraising at a staggering $500 billion valuation, and Kraken’s pre-IPO bid to secure $500 million in funding. For some, this…
The economics of crypto mining are shifting. Rising costs, particularly for electricity and the computational hash rate for cryptocurrencies such as Bitcoin, make the mining industry less profitable. Crypto mining companies are shifting to AI as a result. Why? For starters, AI training could provide a safer and more consistent source of revenue than the volatile crypto industry. Why Crypto and AI Companies Are Offering The Best Returns On Wall Street The crypto market’s inherent volatility makes revenue unpredictable. In contrast, AI data centers offer recurring revenues, which have high growth and consistently high profit margins. Meanwhile, Bitcoin’s 2024 halving…
Kazakhstan has shut down more than a hundred cryptocurrency exchanges this year in what amounts to a massive crackdown on illegal coin trading within its borders. The news comes despite earlier indications that the country intends to expand its licensing regime to cover more platforms providing such services as it seeks to position itself as a major Eurasian crypto destination. Astana confiscates record amount of digital assets from busted exchanges The authorities in Kazakhstan have closed down 130 illegal cryptocurrency exchanges, seizing millions of U.S. dollars’ worth of virtual assets. The tally, quoted by local and regional media, was made…
New research work led by a top MIT researcher suggests that decentralization isn’t just a design choice but a principle of efficiency, where control breaks down as systems scale. In the crypto industry, decentralization is loosely defined as the distribution of power and control across multiple independent participants, rather than a single central authority. It means that no single entity—such as a company or government—can decide how the system operates, alter the rules, or halt transactions on its own. “The first rule of control is observability. You can’t control something you don’t observe—and observability doesn’t scale,” Muriel Médard, co-founder…
The SEC just broke a two-decade deadlock. On Monday, the commission gave Dimensional Fund Advisors (DFA) the go-ahead to create ETF share classes inside its mutual funds, a decision that investors, fund managers, and financial advisors have been chasing for years. The order, open for public feedback before finalization, lets DFA move forward and puts nearly 80 similar applications next in line. This is the same dual-class structure Vanguard had been running exclusively for over twenty years under a now-expired patent. This is the first real sign that the SEC is ready to let other firms follow that same dual-structure…
Smartpay, a fintech infrastructure company known for enabling stablecoin-based payments since 2019, has been acquired by Rezolve AI, a publicly listed commerce platform, in a deal that underscores the accelerating convergence between digital assets and AI-driven e-commerce. The acquisition was announced on Tuesday, though no financial terms were disclosed. Rezolve said the move will bolster its digital asset payment initiative in partnership with Tether, the issuer of the USDt (USDT) stablecoin. According to the announcement, Smartpay processed more than 19 million commercial transactions over the 12 months ending Sept. 30, representing over $1 billion in USDt value. Operating across Latin…
Funton.ai is excited to announce its groundbreaking collaboration with U2DPN, bridging the gap between gaming and decentralized physical infrastructure network (DePIN). This partnership represents a significant step forward in blending decentralized gaming infrastructure with real-world bandwidth tokenization. This initiative is set to revolutionize the entire Web3 ecosystem with efficiency. 🤝 https://t.co/UZaXmZkMH0 is excited to partner with @u2dpn_network!An innovative project building a Connectivity RWA Marketplace for Data Transmission, turning idle bandwidth into a liquid, tradable RWA through a global DePIN network.🔗 Through this partnership, we’re… https://t.co/ybk0Clp3Qf pic.twitter.com/D0MFfzHNoQ — Funton.ai (@funton_ai) October 6, 2025 Funton.ai, an AI-powered platform for decentralized computing, has…
An exchange-traded fund tracking the trading activity of American politicians and individuals and companies with close ties to the US president could launch as soon as Friday, according to an analyst. Tuttle Capital Government Grift ETF (GRFT) was first proposed by Tuttle Capital Management earlier this year. Bloomberg ETF analyst Eric Balchunas noted that GRFT could launch as early as Friday, as the Securities and Exchange Commission on Monday set Oct. 3 as the date that Tuttle’s S-1 registration statement will become effective. The ETF scans STOCK Act transaction reports to track trades made by members of Congress and their…