Author: NBTC

Stablecoins have the potential to cut transaction costs globally and strengthen the U.S. dollar’s global position, according to Anthony Scaramucci. Scaramucci, founder of SkyBridge Capital, emphasized the strategic role of stablecoins and emerging crypto legislation during a recent appearance on CNBC’s Squawk Box. While addressing Bitcoin’s price movement, he shifted focus toward how stablecoins could reduce global transaction costs and reinforce U.S. dollar dominance. Scaramucci underlined the bipartisan push behind new regulatory frameworks such as the Stable Act and the GENIUS Act. For context, the legislation, supported by industry stakeholders, sets regulatory guidelines for stablecoins, digital tokens typically linked to…

Sergey Nazarov has announced that CCIP has gone live on the Solana to enable the secure transfer of data across different blockchain networks. Chainlink has also partnered with the Solana Foundation to support startups on Solana with technical resources and guidance. Sergey Nazarov, the co-founder of the Chainlink network, made a major announcement while speaking at the SolanaAccelerate event. He revealed that Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has officially gone live on the Solana (SOL) network. “I’m thrilled to say that now, as of this week, CCIP is live on Solana,” Nazarov said. It brings that same level of security…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Last month, the European Data Protection Board (EDPB) quietly published Guidelines 02/2025 on the processing of personal data through blockchain technologies. Buried in paragraph 63 is a line that jolted the entire web3 stack: “When deletion has not been taken into account by design, this may require deleting the whole blockchain.” That one clause converts GDPR from the world’s privacy gold standard into a kill-switch for every permissionless network. Yes, that includes Bitcoin (BTC), Ethereum (ETH), and…

When geopolitical analyst Peter Zeihan appeared on the Joe Rogan Experience, he made headlines for calling Bitcoin fundamentally worthless, stating that it had “no intrinsic value” and was “actually worth negative $1,000.” At the time, Bitcoin was trading at around $16,000. “It has another $17,000 to go down,” Zeihan said during the podcast. “There’s no intrinsic value to this product.” He argued that the rise of crypto was more ideological than financial. “Whenever you invest based on an ideology, you’re going to make some decisions that are a little divorced from math,” he added. Zeihan described the crypto movement as…

As the world’s largest asset manager expands its crypto reach, its chief rival has thus far resisted entering the market. BlackRock has added a layer of credibility to crypto for a segment of investors, given its management of $11.5 trillion in assets. The iShares Bitcoin Trust (IBIT), the fastest-growing ETF of all time, managed nearly $69 billion as of Wednesday. Yet Vanguard, with its roughly $10 trillion in assets under management, isn’t biting — even as major competitors continue to seek more entry points. Vanguard was not among the firms lining up to launch the first US spot bitcoin ETFs…

The Solana Foundation has launched the Solana Attestation Service (SAS). This is a decentralized identity verification protocol designed to simplify compliance and enhance trust across the network. Announced on May 23, the tool allows applications to validate off-chain data, such as Know Your Customer (KYC) checks and user accreditation. It does this without directly handling sensitive user information. Solana Launches Identity Layer Amid Rising Global Crypto Interest Solana Foundation said SAS introduces cryptographically signed, reusable credentials that trusted parties can issue. Once verified, users can seamlessly interact with multiple platforms without repeating onboarding or verification steps. “SAS enables compliance, access…

Widely followed commentator “The Bitcoin Therapist” has predicted a strong move for Bitcoin by the end of the week, prompting mixed reactions due to the lack of clear analysis. After surging to a peak above $111,900 on May 22, Bitcoin entered a volatile phase, experiencing a sharp decline to a local low of around $106,683 on May 25. Despite the dip, Bitcoin has staged a partial recovery and is now trading at $109,060—reflecting a 0.74% drop over the past 24 hours but still showing a 3.30% gain over the past seven days. Market Reactions and Community Commentary Following this consolidation,…

U.S. stocks were mostly flat an hour after the opening bell, with the Dow Jones Industrial Average up 13 points as investors weighed the latest developments surrounding President Donald Trump’s tax bill. While the Dow managed to reverse futures losses seen earlier in the day, the S&P 500 hovered just 0.06 percent in the green. Like the benchmark S&P 500 and the blue-chip Dow, the Nasdaq Composite posted very slight gains, up 0.5 percent at the open. Wall Street’s jitters threatened to pull the major indices off recent highs, which followed notable spikes fueled by trade deal optimism. However, fresh…

AI has made it increasingly easy to identify and disseminate false information, from fabricated images to synthetic voices. IOTA’s digital identity framework helps individuals as well as organizations maintain full control over their online identity. Google recently introduced Veo 3, its most advanced AI video tool yet, and it’s already turning heads. With just a simple text or image prompt, users can generate incredibly realistic videos, now complete with synchronized audio like background music, ambient sounds, and even dialogue. It’s a huge leap forward for creative industries like media, entertainment, and education, offering new ways to bring ideas to life.…

VanEck head of digital assets research Matthew Sigel called on US lawmakers to attach a royalty to domestic Bitcoin (BTC) mining so the federal government can accumulate BTC for its strategic reserve. Speaking during a policy panel at the 2025 Bitcoin Conference in Las Vegas on May 27, Sigel said the reserve can grow through two main channels in his perspective. He explained that one option is executive action, which points to the Exchange Stabilization Fund as a vehicle for an initial $100 million allocation. However, Sigel warned that any larger purchase “is gonna get sued by the Elizabeth Warrens…