Author: NBTC

Training a large language model typically requires a warehouse full of GPUs, a seven-figure cloud computing bill, and the kind of organizational muscle only a handful of companies possess. Bittensor’s Subnet 9 is trying to flip that script with a new architecture called $IOTA, short for Incentivised Orchestrated Training Architecture, which splits massive AI models across multiple machines so no single participant needs to hold the entire thing in memory. From winner-takes-all to collective assembly line Previous versions of SN9 operated on a competitive model. Miners essentially raced each other, and only top performers earned rewards. By August 2024, that…

Russia’s Ministry of Finance has finalized a regulatory bill that will prohibit individual investors from using non-custodial cryptocurrency wallets, according to local media outlet Bits. The final version of the legislation, expected to be announced next week, carves out a narrow exception for participants in foreign economic activities, including importers. What the bill proposes Under the proposed law, ordinary individual investors in Russia would only be permitted to trade cryptocurrencies through intermediaries licensed by the central bank. The measure effectively forces all retail crypto activity into a regulated, centralized framework. Non-custodial wallets, which allow users to hold their own private…

Binance, the world’s largest cryptocurrency exchange, started the day with altcoin announcements. This includes both listing and delisting announcements from Binance. Binance initially announced that it would list the altcoins Genius Terminal ($GENIUS) and OpenGradient ($OPG) with a seed tag. “Binance will list its Genius Terminal ($GENIUS) and OpenGradient ($OPG) cloud platforms and launch trading for the following spot trading pairs on May 22, 2026, at 11:00 AM (UTC).” New Spot Trading Pairs: $GENIUS/$USDT, $GENIUS/$USDC, $GENIUS/TRY, $OPG/$USDT, $OPG/$USDC, and $OPG/TRY. $GENIUS and $OPG will have seed labels applied. Delisting Warning Also Issued! Binance also announced that it has added nine…

Crypto bulls saw more than half a billion dollars wiped out in liquidations after the crypto market printed red indexes all around. The cumulative digital assets market cap dipped by more than 2% over the last 24 hours to hover around $2.53 trillion. Bitcoin saw $55 billion leave its market cap amid the fresh sell-off. $BTC price dropped by 3% while Ether slid by 4%. This comes in when the US Securities and Exchange Commission (SEC) delayed its planned exemption framework linked to tokenized crypto stock trading. However, Kevin Warsh also got sworn in as the new chairman of the…

Taiwanese singer and cryptocurrency investor Jeffrey Huang, widely known as Machi Big Brother, has expanded his highly leveraged Ethereum long position. According to data from HyperInsight, Huang increased his 25x leveraged long position to 6,375 $ETH, valued at approximately $13.5 million at current prices. Position Details and Risk Profile The entry price for this position is reported at $2,127.73 per $ETH. The liquidation price sits at $2,089.42, meaning a decline of roughly 1.8% from the entry price would trigger a full liquidation. This tight margin underscores the high-risk nature of the trade, which uses 25x leverage — a multiplier that…

Strategy (NASDAQ: MSTR) is under renewed scrutiny, with noteworthy insider sales coinciding with ongoing volatility in Bitcoin (BTC) markets. Most notably, CFO Andrew Kang has sold 5,597 MSTR shares at prices between $163.98 and $166, according to May 19 SEC filings. Prior to the move, he received 12,500 shares through vested restricted stock units (RSUs). The transaction was valued at approximately $927,866, and it comes just as Strategy stock has fallen nearly 10% over the past month. Following the sale, Kang still retains roughly 33,675 company shares. Andrew Kang stock moves. Source: SEC.gov Strategy insider sales alert Similarly, director Jarrod…

Bitwise Asset Management just did something unusual for a fund manager: it decided to eat its own cooking. The firm announced on May 18 that it will dedicate 10% of the management fees generated by its new Hyperliquid ETF (ticker: BHYP) to purchasing $HYPE tokens, which it plans to hold on its corporate balance sheet and stake through its Bitwise Onchain Solutions division. Early numbers suggest real demand BHYP began trading on NYSE Arca around May 15, offering investors 100% direct exposure to the $HYPE token along with the potential for staking rewards. The ETF carries a fee cap of…

The window for the Clarity Act just got significantly smaller. The Senate left for recess this week without completing its reconciliation package. It is stalled by a dispute over a DOJ anti-weaponization compensation fund. That early departure compresses an already tight legislative calendar and pushes the Digital Asset Market Clarity Act into direct competition with reconciliation. CLARITY Act Now In Senate Traffic JamThe CLARITY Act could face delays as the Senate runs into scheduling pressure before the August recess.Journalist Eleanor Terrett said lawmakers now have only four working weeks in June and three in July to move major legislation.The… pic.twitter.com/k0qMgknXsa…

Kucoin has unveiled a product allowing users to unlock liquidity by borrowing against high- liquidity crypto assets while their pledged collateral simultaneously continues to earn passive yield. Key Takeaways: Kucoin has launched a single-position earn-and-loan product for assets like BTC and SOL. The product targets the CeFi- DeFi divide, allowing users to unlock liquidity while keeping collateral productive. Kucoin will launch web-based portal access in 2026 alongside a broader focus on RWA infrastructure. The Shift to Capital Hubs Reflecting a broader industry shift from simple order-matching to advanced capital management, Kucoin has introduced an integrated “earn-and-loan” solution. The product eliminates…

Bitcoin is rapidly losing ground as investors pull out billions of dollars from U.S.-listed spot ETFs. The world’s largest cryptocurrency fell to $74,305 early Saturday, its lowest level since April 20, according to CoinDesk data. As of writing, BTC was down more than 3% over the past 24 hours and approximately 10% below its recent high of over $82,500 reached on May 6. The sell-off accompanies a notable upswing in U.S. Treasury yields and parallel increases in government bond yields across developed markets, which are reducing appetite for high-risk, zero-yielding assets like bitcoin. Investors withdrew $1.26 billion from U.S. spot…