Author: NBTC

The U.S. House Oversight Committee plans a probe into the largest prediction market platforms over suspicions that government employees could be exploiting classified information for personal gain. Rep. James Comer, R-Ky., chair of the House Oversight and Government Reform Committee, is seeding the internal records from the CEOs of Polymarket and Kalshi to determine if government employees are using insider knowledge to profit from policy and geopolitical and military operations, he said on CNBC’s Squawk Box on Friday. “There’s a concern now that members of Congress, members of the president’s administration, any type of government employee, can use basic insider…

Frii World Brings $XRP & $RLUSD Into Real-World Retail via QR Code and Merchant Terminals The push to bring crypto into everyday retail payments just took a major leap forward after Frii World confirmed that users will soon be able to spend $XRP and $RLUSD instantly at checkout using simple QR code payments. The breakthrough gained attention following a successful live test on a Frii World terminal, where former Ripple CTO David Schwartz executed the first direct $XRP Ledger (XRPL) transaction. More notably, the test showed that XRPL payments can run on existing merchant hardware without requiring businesses to overhaul…

4AI, a decentralized AI agent marketplace, announced a strategic partnership with KieDex, a next-gen crypto futures derivatives trading network as part of their integration with one another. The timing of the integration is key to both projects with KieDex being on the cusp of going live on its mainnet (full-scale) and being ready to execute Token Generation Event (TGE) very soon. The KieDex ecosystem will help 4AI extend the use cases, automated processes and presence of its intelligent agent economy within the high-performance $BNB Chain through the KieDex platform. Unpacking the 4AI and KieDex Synergy KieDex intends to offer a…

Bitcoin retreated Friday evening, falling to $75,120 per coin and marking a 2.8% decline over the course of the day. The daily decline added another bruise to what has already been a fairly miserable seven-day stretch, pushing weekly losses to roughly 5%. Key Takeaways: Bitcoin fell 2.8% Friday as Coinglass logged $577.9M in crypto liquidations. Sosovalue data showed $36.29M leaving spot bitcoin ETFs during Friday trading. Donald Trump warnings and Fed fears kept BTC below the $76K resistance zone. Bitcoin Loses Ground The $80,000 range once again appears increasingly distant, with bitcoin now trading below the $76,000 zone after surrendering…

As investor sentiment declines in both institutional and retail markets, Ethereum is about to enter one of its most uncertain periods in years. $ETH, which was once thought to be the unquestionable second pillar of cryptocurrency behind Bitcoin, is currently facing increasing skepticism due to ETF withdrawals, slowing network growth, and an aggressive shift in market attention toward competitors that move more quickly. Capital flows aren’t looking good A significant imbalance in demand was revealed by the recent launch cycle of spot cryptocurrency ETFs. Ethereum-related funds were unable to create the same momentum as Bitcoin products, which attracted billions in…

Bitfire stablecoin ambitions are accelerating even as the Hong Kong crypto firm posts a HK$245 million half-year loss. Bitfire reported a profit warning on May 21 disclosing a net loss of up to HK$245 million ($31.28 million) for the six months through March 2026. The loss is nearly 19 times larger than the HK$12.3 million recorded in the same period a year earlier. The company blamed the widening loss primarily on a HK$152 million value decline on held crypto assets. Rising expenses tied to professional services, customer capabilities and research and development also contributed to the shortfall. 新火集團 CEO 翁曉奇…

Prominent Cardano Chris O warned that he could leave the network if Input Output Global’s research proposal fails to pass. The Cardano community has faced rising tensions in recent weeks after IOG submitted a research proposal requesting nearly 33 million $ADA. The proposal seeks funding for multiple initiatives, including Leios-related development and research to strengthen Cardano’s defenses against future quantum threats. As several major DReps continue to oppose the proposal, Chris O, a leading Cardano DRep and Midnight Ambassador, stated on X that he has mentally prepared himself to sell his $ADA and exit the ecosystem entirely if the proposal…

Latest developments: Emmer joined CoinDesk’s The Policy Protocol and said the Senate’s bipartisan movement on the Clarity Act shows crypto legislation still has momentum despite growing uncertainty in Washington. Emmer pointed to the Senate Banking Committee’s 15-9 vote advancing the bill, arguing support extended beyond Republicans. He said the House has spent years refining crypto market structure legislation and described CLARITY as the fifth or sixth iteration of the effort. Emmer said lawmakers are trying to create clear distinctions between digital assets regulated as securities, commodities or cash equivalents. He predicted Congress would ultimately send the legislation to President Trump’s…

Intercontinental Exchange Inc. (ICE), owner of the New York Stock Exchange, and OKX announced Friday that they are joining forces to roll out perpetual oil futures. In a joint statement, the firms’ said ICE’s futures prices for Brent crude and West Texas Intermediate (WTI) will bolster the new perpetual contracts on OKX. The new perpetual contracts based on ICE’s data will open energy benchmark product access to OKX’s 120 million retail traders, said Trabue Bland, senior vice president of futures exchanges at ICE. The new contracts will be available on OKX, in which ICE holds a stake, across territories where…

Eros Innovation, an autonomous cultural-technology and AI group, has partnered with ADI Foundation, an institutional gateway for blockchain adoption. As a part of this collaboration, Eros Innovation has introduced ErosADI, an independent cultural AI operating system. As per Eros Innovation, the new initiative aims to redefine identity, AI-native creative networks, and economic participation at a worldwide scale. Specifically, the platform brings forth a programmable economic model for governments, enterprises, institutions, and creators. Eros Innovation and ADI Foundation Launch ErosADI to Deliver AI-Led Cultural Infrastructure Eros Innovation’s new partnership with ADI Foundation results in the launch of the ADI Chain-built ErosADI.…