Author: NBTC

South Korea has ordered all crypto exchanges to reconcile their internal ledgers with actual asset holdings every five minutes after an inspection uncovered weaknesses in internal controls. The directive was announced on Monday by the Financial Services Commission (FSC) after a meeting with top crypto exchanges and the Digital Asset Exchange Alliance (DAXA), during which they discussed the findings of an emergency inspection triggered by the Bithumb payout incident. The inspection found that three of the country’s five major exchanges were reconciling balances only once every 24 hours, limiting their ability to respond quickly to discrepancies. Systems designed to halt…

US President Donald Trump made noteworthy remarks regarding Iran during a Memphis Safe Task Force roundtable meeting. Speaking at the live-streamed meeting, Trump once again confirmed that preliminary talks had taken place between the US and Iran in recent days. As he had said before, Trump stated that potential attacks on energy infrastructure were temporarily postponed. Trump, arguing that Iran is “serious” in the current process, stated that the Tehran administration is willing to reach an agreement. “This time Iran is serious,” Trump said, adding that both sides are seeking a compromise. However, the Iranian side maintained that no talks…

As a critical process regarding monetary policy and central bank governance begins in the US, the US Senate Banking Committee is expected to hold a hearing on April 16 to consider Kevin Warsh’s nomination to become Fed chairman. A source familiar with the matter told CNBC that the nomination process is proceeding as planned. However, this process is unfolding under the shadow of a separate investigation into current Fed Chairman Jerome Powell. The investigation examines whether Powell misrepresented information to Congress regarding a costly renovation project at the Fed buildings. These parallel developments have fueled speculation that the Donald Trump…

HeyElsa has integrated Hyperliquid into its AI trading agent. Spot and perpetual futures now sit inside a single unified flow, accessed through plain language. Tell Elsa what you want to trade and it handles the rest. Hyperliquid is a decentralized Layer 1 blockchain with fully onchain order books, supporting over 100 perps and spot assets with the performance characteristics that active traders need. Trade faster. Execute smarter.Spot + perps in one unified flow, powered by @HyperliquidX inside HeyElsa. Real-time execution. Fast settlements. Low, predictable fees. pic.twitter.com/87bUkV0uol — HeyElsa (@HeyElsaAI) April 6, 2026 HeyElsa’s integration means users can now access that…

Deloitte Canada and Stablecorp are collaborating to develop stablecoin infrastructure for Canadian financial institutions, as federal regulators move closer to establishing rules for fiat-backed digital assets. In a Monday announcement, the professional services firm said it plans to integrate Stablecorp’s Canadian dollar-pegged stablecoin, QCAD, into payment and settlement workflows for institutional clients. Stablecorp is a Toronto-based fintech company and the issuer of QCAD, a fiat-backed stablecoin designed to maintain a one-to-one value with the Canadian dollar. Soumak Chatterjee, a partner in Deloitte Canada’s financial services division, said the initiative is aimed at helping banks and other institutions prepare for the…

Regulatory tensions rise as Coinbase’s banking ambitions draw sharp opposition, highlighting risks tied to oversight gaps and institutional integration within U.S. financial systems. Key Takeaways: U.S. banking group criticized OCC’s conditional approval of Coinbase, warning the move could expose U.S. consumers to risk. Coinbase Global’s trust plan targets institutional custody, deepening crypto ties to banking. ICBA urged rule changes, signaling tougher oversight ahead as nonbanks seek similar charters. ICBA Challenges OCC’s Conditional Approval of Coinbase Trust Charter The Independent Community Bankers of America (ICBA), a U.S. banking trade group, has opposed regulatory action regarding Coinbase’s charter approval. The organization criticized…

Paysafe is bringing crypto one step closer to everyday use with the launch of Pay with Crypto, a new payment solution for U.S. iGaming and daily fantasy sports platforms. — Powered by MoonPay, the product allows users to deposit funds using stablecoins or major cryptocurrencies, which are instantly converted into U.S. dollars for gameplay. Loading tweet… View Tweet The experience is designed to remove friction. Players simply select the crypto option at checkout, connect their wallet, and complete the transaction—often via QR code. Once confirmed, funds are quickly converted into USD and credited to their account. By handling conversion instantly,…

As the price of crude oil found a strong sell wall around $101 in the past few days to trade at about $99.6 on March 23, Andrew Tate was liquidated about $286,000 shorting it last week. The British-American former professional kickboxer had opened an $11.6k margin short position on crude oil futures at $95.76. Tate never used any risk management skills, including a stop loss to cut losses, thus resulting in total loss as the commodity jumped to $98.11. As such, Tate lost a total of $715k, as per on-chain analysis revealed by Stalkchain. Moreover, Tate also liquidated his long…

Japan is moving to reshape crypto asset regulation by treating digital assets as financial instruments, tightening oversight, and introducing stricter investor protections—signaling a major shift toward institutional alignment while redefining how crypto markets operate. Key Takeaways: Japan’s Financial Services Agency reframes crypto as core finance, accelerating mainstream acceptance. Bitcoin and digital assets gain clearer rules, unlocking institutional demand and market maturity. Japan’s parliament advancing reforms signals global trend toward legitimizing crypto as a regulated asset class. Japan Crypto Regulation Shift Toward Financial Instruments Framework Japan is advancing changes to crypto asset regulation as institutional oversight expands across financial markets and…

Polymarket has become one of decentralized finance’s most profitable protocols after a pricing overhaul, generating about $7.1 million in fees in the first week of the second quarter, according to new data. That pace implies an annualized run rate of roughly $365 million if sustained, placing the onchain prediction platform among the industry’s top fee generators and giving it nearly all of the sector’s revenue, at 96.8% of onchain prediction market fees. The gains follow a March 30 pricing change that pushed daily fees to around $1 million, a level that has largely held as trading activity remains elevated, data…