Author: NBTC

The U.S. Justice Department has spent nearly a year investigating Andreessen Horowitz over whether partners at the venture capital firm are improperly serving on the boards of competing artificial intelligence companies. Bloomberg News reported on Aug. 17, citing people familiar with the matter, that the inquiry involves Databricks and Fivetran, two data and AI companies backed by Andreessen Horowitz, with regulators examining the firm’s representation on both boards. Andreessen Horowitz co-founder Ben Horowitz sits on Databricks’ board, while partner Martin Casado serves as a director at Fivetran. Both companies provide technology used by businesses to collect, organise and analyse large…

The final week of August is scheduled to bring several important developments across the crypto market. There are major updates lined up for Pi Network, Arbitrum, Monad, Stable and Stellar between August 24 and August 27. While these events are unlikely to move the entire crypto market on their own, they might create fresh narratives around tokenized stocks, stablecoins, blockchain scalability, AI applications and real-world asset adoption. Some massive events incoming this week.We used @ElanInsights’s comprehensive crypto calendar to prepare for what should be a big week for crypto.Sign up to Elan Insights today: https://t.co/0tOwAUrDaY [August 24] @PiCoreTeam $PI to…

The US Commodity Futures Trading Commission (CFTC) announced consent orders related to its civil cases against former Alameda Research CEO Caroline Ellison and FTX co-founder Zixiao “Gary” Wang. The orders, filed in the US District Court for the Southern District of New York on Tuesday, require Ellison and Wang to continue cooperating with the CFTC and imposed a five-year trading ban on both former executives. Ellison also received a 10-year registration ban, while the commodities regulator imposed an eight-year registration ban on Wang. “Ellison and Wang were senior executives who committed fraud at Alameda and FTX for which they were…

Many projects, he said, raised enormous rounds despite having little revenue and no realistic path to profitability, leaving them dependent on becoming multibillion-dollar businesses simply to justify another financing. Crypto’s fundraising culture made matters worse. Unlike most industries, announcing a large raise could boost a project’s token and generate retail attention, creating incentives to present financing in the most flattering possible light. The headline number could also obscure how firm the financing actually was. Kirkley said Global Settlement Network experienced investors failing to ultimately fund signed commitments, illustrating how announced rounds can differ from cash actually received. Token governance meets…

The price of Zcash ($ZEC) has reached an eight-year high, climbing to the $836–$857 range during a months-long rally. The asset has risen more than fourfold since the beginning of the year, completing its breakout from a prolonged trading range. The latest price acceleration coincided with Grayscale’s preparations to launch its spot Zcash ETF on NYSE Arca and the emergence of a new narrative directly linking the token’s value to the rapid development of artificial intelligence. The main catalyst behind the discussion of why a privacy coin has become tied to the AI boom was a series of statements from…

Strategy Founder and Executive Chairman Michael Saylor believes Bitcoin is at a key inflection point right now, one that could mark its bottoming phase. During Strategy’s Q2 earnings call on Thursday, Saylor claimed that $BTC had dropped to its 200-week Moving Average (MA). In saying so, he urged investors to take advantage of the signal to add positions. He added, The right price signal to look at is the 200-week MA, and you see it’s a pretty up and to the right message and signal. You can see the periods of exuberance around late 2021; there was a massive premium.…

Etched is already eyeing a fresh funding round that will more than double the AI inference chips startup’s valuation at around $21 billion, barely one month after its late July Sequoia-led $300 million Series C round that valued the firm at $10.3 billion. The new numbers cited in the Wall Street Journal’s August 18 report represent a fourfold expansion of the firm’s $5 billion valuation in December 2025. Etched also closed on Jane Street as its first customer, delivering a server rack filled with AI processors optimized for rapid inference computing to the Wall Street quantitative trading giant. The scale…

$XRP has seen an increase in network activity as a massive spike was recorded in active addresses. In an X post, Ali, a crypto analyst, noted an explosion in $XRP network activity with active addresses rising from 47,180 to 356,070, a 654.71% spike. This spike has implications; it indicates a sharp increase in network participation, which is usually accompanied by higher price volatility. $XRP NETWORK ACTIVITY EXPLODED!Active addresses have surged 654.71%, jumping from 47,180 to 356,070.That kind of spike typically signals a sharp increase in network participation and is often accompanied by higher price volatility. https://t.co/70eHTdeG8a pic.twitter.com/1eJA319sJk — Ali Charts…

While the income that US President Donald Trump and his family have earned from cryptocurrency investments continues to be debated in the public sphere, a new Reuters/Ipsos poll has revealed some noteworthy results. According to Reuters, a large majority of Americans believe that Trump’s cryptocurrency earnings are neither legitimate nor justifiable. According to a poll conducted between August 14-17, 63% of respondents said they found it inappropriate that President Donald Trump and his family earned more than $1.4 billion from cryptocurrency businesses last year. In contrast, only 32% of participants considered these earnings acceptable, while the rest did not answer…

The best crypto presale conversation is moving away from hidden teams and private development. MemeToro has started building its $BNB Chain platform with Coinsult and opened its GitHub repository for public inspection. Its architecture, launch-manifest specification, security policy, roadmap, and contribution guide are already available, giving buyers something concrete to examine before the smart contracts reach testnet. Public Code Lets Presale Buyers Review MemeToro Before Its Contracts Launch Many projects publish code only after development is complete. MemeToro is taking the opposite route by making its design public during the foundation stage. The repository currently documents the platform architecture and…