Author: NBTC

Republican lawmakers want to scrap the US audit regulator, the Public Company Accounting Oversight Board (PCAOB), to help deliver Donald Trump’s deregulatory plans. On Friday, the House Committee on Financial Services leadership first proposed the audit regulator shutdown. However, Democrats will most probably resist the closing plans for the agency. The PCAOB’s responsibilities could be pushed to the Securities and Exchange Commission if the bill passes The PCAOB was introduced roughly twenty years ago, after the fall of Enron in 2001, to monitor audit practices and regularly inspect US auditing firms. However, as per the proposed legislation, the audit regulator…

Binance Futures leads the market through its April 2025 trading activity, which exceeds $1.049 trillion before the month’s end. Bitcoin’s climb from $85,000 to $94,000 during the recent surge caused a substantial increase in crypto derivatives trading activities across major exchanges. Binance Futures Volumes Passed $1.04T Alongside Strong Price Movement“This already exceeds the volumes seen in February ($962B) and March ($683B), with several days remaining in the month.” – By @JA_Maartun pic.twitter.com/Q0nmSr9TX4 — CryptoQuant.com (@cryptoquant_com) April 25, 2025 In January, Binance achieved its second-highest monthly trading volume total of $1.23 trillion in 2025. The platform exceeded previous volume records set…

In a new report, CoinShares offers important insights into the economics of Bitcoin (BTC) mining, which is evolving following the network’s 2024 halving and hashrate increase. According to CoinShares, the weighted average cash cost to mine a bitcoin among publicly traded mining firms jumped sharply by 47%, from $55,950 in Q3 2024 to approximately $82,162 in Q4. Excluding the non-standard Hut 8, the average cost was slightly lower at $75,767, but this still represents a significant 35% increase quarter-over-quarter. When non-cash expenses such as depreciation and stock-based compensation are included, the total average cost rose to $137,018 per bitcoin, far…

UniLend Finance, a renowned decentralized borrowing and lending platform, has partnered with ColdStack, the prominent decentralized storage aggregator. The collaboration denotes a key move toward establishing relatively interoperable and robust decentralized cloud solutions to redefine the Web3 sector. The platform revealed this endeavor on its official social media account. Join us in welcoming @coldstack_io to our ecosystem!🎊📊ColdStack is the Uber for clouds—aggregating decentralized storage like Filecoin. With $CLS, users access the platform freely, without censorship or interference.🤝 Together, we’re forging powerful synergies to shape the… pic.twitter.com/5l5EQRlLXA — UniLend Finance (@UniLend_Finance) April 25, 2025 UniLend Finance Joins Forces with ColdStack to…

According to Bitcoin analyst and advocate Luke Broyles, the journey to mining the final Satoshi, the smallest unit of Bitcoin, will be unprecedented in digital history. According to Broyles, the energy required to mine the final singular Bitcoin will surpass the combined energy it took to mine the first 20,000,000 BTC. He predicts that producing the final Bitcoin could consume energy over the entire first third of the 22nd century. The final singular Bitcoin will take more energy to create than the first 20,000,000 Bitcoin… the entire first third of the 22nd century.The final satoshi will take infinite energy.Digital scarcity…

This is a segment from the Blockworks Daily newsletter. To read full editions, subscribe. “There are only two ways to make money in business: bundling and unbundling.” — Jim Barksdale, former CEO of Netscape Stablecoins might unbundle banking (and then re-bundle it) Bundling and unbundling aren’t the only ways to make money, of course — you can also invent something new or do an old thing more efficiently, for example. But Jim Barksdale’s comment — made spontaneously to close a roadshow meeting for the Netscape IPO — became a dictum in tech circles because it explains a lot of things…

In a significant development for the cryptocurrency space, particularly within the stablecoin sector and the Solana ecosystem, data reveals that the market capitalization of Solana USDC has officially crossed the monumental $10 billion threshold. This milestone, confirmed by Solscan data, underscores the growing prominence of USDC on Solana and highlights the increasing demand for fast, low-cost stablecoin transactions. Understanding USDC on the Solana Network Before diving into the significance of the $10 billion figure, let’s quickly touch upon what USDC on Solana actually is. USDC, or USD Coin, is a popular stablecoin pegged 1:1 to the US dollar. It’s issued…

Alabama’s Securities Commission this week dropped its enforcement action against crypto exchange Coinbase for its staking program—an apparent sign that regulators are letting up on digital assets companies as the federal government continues its pro-crypto pivot under President Trump. But Commissioner Amanda Senn told Decrypt the regulator is still as committed as ever to promoting “market stability and integrity”—and it won’t hesitate to bring enforcement actions against Coinbase or any other firm, if necessary. “We merely recognized that we may be able to accomplish what we want without the time and expense of litigation,” Senn said. “Had we been further…

The listing of SNEK on Kraken is a massive gain for the wider Cardano ecosystem. With geographical restrictions in place, Kraken announced deposits and withdrawals of Snek are already enabled. SNEK price has consistently closed above a falling daily wedge pattern, signaling further bullish momentum. Kraken Exchange, a veteran U.S.-based cryptocurrency exchange with over 10 million global users, announced on Friday, April 25 that it will list Cardano (ADA)-based memecoin Snek (SNEK) next week. According to the announcement, deposits and withdrawals for SNEK on Kraken Exchange have been enabled ahead of the April 28 official listing. Kraken announced that geographical…

Mountain City may soon welcome a bitcoin mining operation, as Cleanspark has secured preliminary backing from local planners, contingent upon final evaluations of the site and energy arrangements. Cleanspark’s Bitcoin Mining Facility Proposal Moves Forward in Mountain City The Mountain City Planning Board has expressed early favor toward a bitcoin mining data center proposed by Cleanspark (Nasdaq: CLSK), a Nevada-based enterprise specializing in cryptocurrency mining. Yet, full authorization remains dependent on the completion of a detailed site plan and finalized agreements with the Tennessee Valley Authority (TVA). According to The Tomahawk report, Cleanspark Chief Operating Officer Scott Garrison stated that,…