Author: NBTC

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. XNET, a Solana-based project building a decentralized network of Wi-Fi hotspots, has partnered with US telecom giant AT&T. The collaboration will enable AT&T to offload mobile data traffic onto XNET’s network, the team told Lightspeed exclusively. XNET sells Wi-Fi hotspots that businesses and public spaces can deploy in exchange for XNET token rewards. Together, the patchwork of hotspots makes up a distributed wireless network. XNET partners with cell carriers to offload mobile data onto its hotspots where available, easing network congestion and improving coverage — while the…

Ted, a well-known crypto key opinion leader (KOL), has identified a buy signal that could potentially drive Bitcoin to unprecedented prices. The prominent market analyst shared that the Bitcoin Hash Ribbon has flashed a buy signal on the weekly timeframe. According to him, the largest cryptocurrency by market cap could surge to uncharted territory on account of the bullish indicator. Notably, the assertion comes when Bitcoin has struggled to sustain an upward trajectory. The asset’s price action has been inconsistent in the past weeks, as sideways macroeconomic trends have clamped down on all bullish attempts by the premier asset. Buy…

First Digital USD ($FDUSD), a well-known stablecoin pegged to the USD, has witnessed a brief loss of peg. As per the data from Lookonchain, $FDUSD has recently plunged to $0.8726, resulting in huge withdrawal by Wintermute, a popular crypto market maker platform. The on-chain data firm provided the details of this incident in a recent X post. FDUSD briefly depegged to $0.8726 after bankruptcy news.After the depeg, #Wintermute withdrew 31.36M $FDUSD from #Binance.Assuming they bought $FDUSD near the bottom at $0.90, they would make over $3M when $FDUSD returned to the peg.https://t.co/Sm1quGE1WR pic.twitter.com/5mE6MGj9hw — Lookonchain (@lookonchain) April 2, 2025 $FDUSD…

As crypto-related bills barrel through Congress with the ambitious goal of passage by August, the potential implications of that legislation are only beginning to crystallize. One such bill, for instance, would seek to amend foundational U.S. securities laws to formally carve out most crypto assets from the definition of “security”—a bold move with little precedent in the history of Congress, at least since such laws were first written at the outset of the New Deal in the 1930s. The bill, dubbed the Securities Clarity Act, was reintroduced in the House last week by House Majority Whip Tom Emmer (R-MN), a…

Zypher Network, a leading ZK Computing Layer for Trustless AI agents, has announced its strategic collaboration with ElizaOS, a reliable operating System for AI Agents. Through this collaboration, both firms aimed at creating the first zero-knowledge computing layer which focuses on trustless AI agents and large decentralized applications (dApps). This innovation introduces a data security handling structure based on distributed mining architecture. The computing layer implements Proof of Prompt and Proof of Inference as main mechanisms. These mathematical functions boost data authentication and verification while protecting user privacy. AI agents process prompts and output responses through their components which protect…

While some policymakers have described Bitcoin as a store of value, its recent price action seems to suggest it’s being treated more like a high-beta tech stock. Despite numerous opinion leaders, including Federal Reserve Chair Jerome Powell, describing Bitcoin (BTC) as a safe haven asset and a potential alternative to gold, its recent price behavior has led some to compare it to tech stocks, analysts at Swiss crypto bank Sygnum suggested in a recent market outlook report. However, Bitcoin’s price is primarily driven by its perception as a store-of-value asset, not from tech-related applications on its network, the analysts note.…

The team behind interoperability protocol Hyperlane shared Thursday their upcoming token airdrop plans happening at the end of the month. The airdrop will occur on April 22, and users can check their eligibility to receive $HYPER tokens via a portal provided by the Hyperlane Foundation by April 13, the team shared in a press release with CoinDesk. The token distribution will mostly go to the community, with 57% of the supply going to users, while the remaining circulating tokens will be distributed to the core team (25%), investors (10.9%), and the foundation’s treasury (7.1%). The team also shared that the…

Nigeria has officially recognized crypto as securities after the president signed the Investments and Securities Act 2024 (ISA 2024) into law. The ACT strictly protects investors, imposing at least 10 years of prison term on people convicted of Ponzi schemes. Nigeria President Bola Ahmed Tinubu boldly signed the Investments and Securities Act 2024 (ISA 2024) into law, repealing the Investments and Securities Act No. 29 of 2007. This implies that cryptos are now classified as securities and would be under the Nigerian Securities and Exchange Commission (SEC) legal jurisdiction. While this significant step attempts to curb fraudulent activities, it also…

Total value-locked of blockchains experienced explosive growth throughout the first quarter of 2025 due to multiple up-and-coming blockchains achieving significant market gains. The blockchain sector shows Sonic as its market leader with a sensational TVL boost of 2,740% while Morph maintains a TVL growth rate of 854% during Q1 2025. Statistical data indicates that blockchains are expanding quickly while decentralized financial solutions (DeFi) gain wider acceptance. Top 10 Blockchains by TVL Growth in Q1 2025@SonicLabs +2,740%@MorphLayer +854%Etherlink +697%@EclipseFND +215%@swellnetworkio +196%@sophon +157%@VenomFoundation +132%@zetablockchain +76.3%@wavesprotocol +58.5%$opBNB +55.1% pic.twitter.com/pfSfQtKmOZ — CryptoRank.io (@CryptoRank_io) April 4, 2025 Sonic and Morph Dominate the Top Blockchains List…

The Bitcoin and Ethereum ETFs demonstrated opposing movements on April 3 as Bitcoin ETFs received a sizeable inflow while Ethereum ETFs lost notable funds from their positions. The market condition shifts investor psychology based on the split between these ETF outflows. Apr 3 Update:10 #Bitcoin ETFsNetFlow: +1,941 $BTC(+$159.76M)🟢#ARK21Shares inflows 1,500 $BTC($123.45M) and currently holds 47,974 $BTC($3.95B).9 #Ethereum ETFsNetFlow: -11,195 $ETH(-$19.93M)🔴#iShares(Blackrock) outflows 10,596 $ETH($18.86M) and currently holds… pic.twitter.com/JeA7oFP26F — Lookonchain (@lookonchain) April 3, 2025 Bitcoin ETFs Attract Strong Inflows A total of 1,941 $BTC flowed into ten Bitcoin ETFs for approximately $159.76 million which demonstrates strong investor faith in the main…