Author: NBTC

Sen. Bernie Sanders (I-VT) sharply criticized the Trump family’s reported profiteering from cryptocurrency and other deals on Thursday. Sanders Spotlights Old Report On Trump Family’s Deals Sanders denounced these deals as “unprecedented kleptocracy.” The White House didn’t immediately return Benzinga’s request for comment. The Crypto Effect? The January article reported that the Trumps’ cryptocurrency gains surged by $646 million to $3.013 billion, boosting their total gains to $4.05 billion. Criticism Mounts Beyond Sen. Bernie Sanders, Sen. Elizabeth Warren (D-Mass.) has sharply criticized the Trump family’s cryptocurrency ventures, labeling them a “ Last year, she Treasury Secretary Scott Bessent to open…

A significant movement of World Liberty Financial ($WLFI) tokens has been observed on-chain, and blockchain analytics account ai_9684xtpa has linked the activity to the unlocking process for early public offering investors. The project’s official X account has shared a token unlock activation portal, confirming the procedure is underway. Details of the Token Unlock Process According to the information published by the project, the unlock portal lists a scheduled release date of May 7, 2028. This date aligns with typical vesting schedules for early investors in cryptocurrency projects, who often agree to lock-up periods before tokens become transferable. The large-scale movement…

Gelephu Mindfulness City (GMC) in Bhutan is offering an accelerated licensing pathway for crypto and fintech companies already regulated in hubs such as Singapore, Hong Kong and Abu Dhabi, as the Himalayan territory pushes to position itself as a new South Asian financial center. The framework allows qualified companies to incorporate, obtain authorization from local regulators and open a corporate bank account through a coordinated process tied to DK Bank, GMC’s official banking partner, according to a Tuesday release shared with Cointelegraph. The move reflects growing competition among emerging jurisdictions seeking to attract crypto firms with streamlined regulation, banking access…

Bitcoin is trading around $69,900, down roughly 2.3% in the last 24 hours. The broader crypto market has dropped in tandem, shedding 1.71% of its total value. If you are wondering what is behind the move, the answer lies less in crypto itself and more in what is happening in the world right now. The Middle East Is Driving Everything The primary trigger is geopolitical. US and Israeli airstrikes hit energy facilities inside Iran today, including a gas pipeline near Khorramshahr’s power plant, just hours after President Trump announced a five-day pause in hostilities. Markets had barely priced in relief…

Babylon, a rising player in self-custody solutions within the cryptocurrency ecosystem, unveiled new details about its Trustless Bitcoin Vault (TBV) protocol and forward-looking plans during its fourth-quarter founders’ meeting. The call, which featured company co-founders and Marketing Director Tristan Dickinson, reaffirmed Babylon’s vision for decentralized finance (DeFi) backed by Bitcoin and announced that the protocol’s latest testnet will launch in the final week of May. New era for secure, bridge-free DeFi The Babylon team emphasized that their TBV protocol enables Bitcoin holders to securely lock up assets directly under their control and leverage them on DeFi platforms such as Ethereum…

The Ethereum Foundation’s recent wave of departures is reigniting an old debate inside the crypto industry: what is going on with the main steward behind Ethereum, and why does the community know so little about what is happening behind the scenes? Days after several high-profile figures shared they had left the Ethereum Foundation (EF) amid an internal shakeup, community members on X began openly questioning the organization’s direction, leadership structure and communication practices. “What’s happening at the EF?” crypto commentator Andy, the co-founder of the Rollup podcast, wrote in a post on X. Others echoed similar frustrations, arguing the EF…

Morgan Stanley’s investment management arm has launched “Stablecoin Reserves Portfolio,” an offering that allows stablecoin issuers to park the reserves backing their stablecoins in one of the bank’s money market funds while earning interest.The offering is part of the Morgan Stanley Institutional Liquidity Funds trust (MSNXX), which aims to preserve capital, provide daily liquidity and distribute income while maintaining a $1 net asset value, Morgan Stanley said on Thursday. “Developing innovative ways to work with stablecoin issuers is another step towards modernizing the financial infrastructure,” said Amy Oldenburg, head of Morgan Stanley’s digital asset strategy. The bank said the offering…

The team behind World Liberty Financial ($WLFI), a decentralized finance project associated with the Trump family, has burned 100 million $WLFI tokens over the past 19 hours, valued at approximately $6.67 million. The move was first reported by blockchain analytics platform EmberCN, which identified the burning address as belonging to the project’s team. Details of the Token Burn According to EmberCN, four team-linked addresses transferred a total of one billion $WLFI tokens to an unlocked vesting contract. From that pool, 10%—or 100 million tokens—were permanently removed from circulation through a burn mechanism. The remaining 900 million tokens remain in the…

US authorities have unsealed an indictment against three men accused of stealing at least $6.5 million in a “violent robbery spree targeting cryptocurrency owners.” The Justice Department said in a statement Monday that a federal grand jury indicted three men for allegedly planning to kidnap and rob four people around San Francisco and Los Angeles for their crypto. The trio, Elijah Armstrong, Nino Chindavanh and Jayden Rucker, are alleged to have posed as delivery drivers to force their way into residences and use threats of violence to extract crypto seed phrases. So-called wrench attacks, where crypto owners are subject to…

Gold just had its worst week in 43 years and Bitcoin hasn’t followed it lower. Michaël van de Poppe sees a $77-80K target forming as Bitcoin prints constant higher lows since February. Cathie Wood’s data shows gold’s big moves have historically preceded Bitcoin’s biggest rallies. Gold’s worst week in 43 years already happened. The question now is what Bitcoin does next. Bitcoin is currently trading at $70,951, holding above the higher lows it has been printing consistently since the February crash. While gold sits at $4,381 – down over 12% in a week – and silver has fallen to $68.8,…