Author: NBTC

Cardano’s vote to seat four elected Constitutional Committee members is now in its final week, and both voter groups remain far from the required marks. If support does not catch up before Sept. 1, committee-backed governance could hit a continuity break. The proposal would bring in four elected members before four incumbents leave. If it fails, only three seats stay active, two fewer than the committee’s current minimum, leaving committee-required actions unable to clear ratification. A live CardanoScan reading on Aug. 25 showed support from delegated representatives, or DReps, at 41.7% against a 67% threshold. Stake pool operator support stood…

Hungary Decriminalizes Crypto Assets’ Offenses in Line With MiCA Implementation Hungary is repealing draconian-style regulations to avoid clashes with the EU-wide Markets in Crypto Assets (MiCA) framework, dropping national requirements and offenses related to the illicit use of cryptocurrency. The Hungarian Parliament recently passed Act XXXVIII of 2026 on the Repeal of Certain Statutory Provisions Concerning Crypto-Asset Conversion Services, which abolished the validation checks that any European exchange had to pass to operate legally on Hungarian soil. According to András Gaál, an associate at Schonherr, a law firm, under previous rules, converting crypto assets without prior validation constituted an unauthorized…

On Aug. 7, US authorities sanctioned Shelbit and Aban Tether, two Iranian-linked crypto platforms accused of facilitating transactions tied to Iran’s Islamic Revolutionary Guard Corps and other state-linked entities. The Treasury Department also sanctioned Shelbit founder Siavash Kayvanpour and several companies connected to him in Georgia, Poland and the United Arab Emirates. It said IRGC-linked wallets sent more than $1 million to Shelbit addresses, while more than $2 million flowed in the opposite direction. Wallets controlled by Kayvanpour also sent more than $2 million to Nobitex, Iran’s largest crypto exchange. Aban Tether, which does not appear to be affiliated with…

Arcus, a decentralized exchange (DEX) built by the team behind dYdX, has launched a protocol on Robinhood Chain that converts perpetual futures positions into transferable ERC-20 tokens and allows tokenized stocks to be used as collateral for leveraged trading. The launch includes products such as pBTC3x and pHOOD3x, offering 3x exposure to Bitcoin and Robinhood’s HOOD stock token, respectively, the DEX announced in a Tuesday press release shared with Cointelegraph. Its multi collateral feature initially supports SPY, QQQ and MAG7 Stock Tokens, each with a 50% loan-to-value ratio, allowing users to use tokenized equities as collateral for perpetual positions. “Traditional…

The leading cryptocurrency, Bitcoin, started the new week around $62,000. While uncertainty persists regarding how $BTC will behave in the face of new developments between the US and Iran, an analysis firm stated that downside fears in $BTC options have diminished and that a recovery is contingent upon reaching $62,000. The crypto options trading platform BIT (formerly Matrixport) indicated in its latest analysis that the perception of downside risk is beginning to ease. Concerns about the extreme downside risk in the Bitcoin options market have gradually diminished, he said. The company noted that the current outlook on the options curve…

Intercontinental Exchange has signaled it may put more money into Polymarket’s next funding round after building a $1.64 billion stake in the prediction market platform. Bloomberg reported Thursday that ICE Chief Executive Officer Jeff Sprecher said the New York Stock Exchange parent would consider participating if its involvement could help Polymarket complete the round. “We’ll look at it, if it would help the round in order to have our imprimatur on it, we are always interested,” Sprecher told Bloomberg Television. ICE may join Polymarket’s new funding round Polymarket is seeking fresh capital at a valuation above $20 billion, according to…

Grayscale’s Zcash ETF (Ticker: ZCSH) listing began on NYSE Arca on Tuesday (August 25). According to Grayscale, ZCSH is the first ETF to provide spot access to Zcash ($ZEC), thus allowing the privacy-oriented cryptocurrency to be traded through a regular brokerage account, as no regulated products have made use of it until now. Having seen the usage of spot ETFs by institutions to accumulate Bitcoin and Ether holdings in 2026, the crypto market understands the possible direction where this trend is headed now. Privacy currencies have to face a different regulatory system than those which are used for major currencies;…

Cardano founder Charles Hoskinson has offered a bullish assessment of the Clarity Act following his recent engagement with U.S. policymakers. He said continued crypto investment and industry discussions could help push the legislation over the line in September. Speaking in a recent interview with David Gokhshtein, Hoskinson said the bill has undergone significant changes. He added that he has been involved in efforts to improve it. “Crypto money is coming in, and that keeps things like the Clarity Act alive,” Hoskinson said. “I’ve had many conversations to try to get it into a better shape.” He is now looking toward…

Robinhood (HOOD) began allowing eligible UK customers to buy and sell more than 50 cryptocurrencies in its main investing app this week. Trades are routed via Bitstamp, the exchange it acquired for $200 million last year. British retail investors can already access stocks, ISAs, options, and futures on the platform. Zero trading fees, but an FX charge still applies Robinhood’s offer has no trading fees, charges to keep an account, or fees for custody. It charges users for currency conversion. UK users pay a 0.1% foreign exchange fee, and that climbs to 0.3% on some weekend conversions. The listed coins…

POSCO International, South Korea’s largest trading company, is pushing deeper into tokenized trade finance, completing a transaction that turned real-world receivables into digital assets on an Avalanche-based ($AVAX) blockchain network just one month after a similar pilot on Injective. The firm’s U.S. arm worked with trade finance platform Olea and asset-backed finance technology firm Intain on the transaction, the companies said Tuesday. Intain used artificial intelligence to reconcile invoices, purchase orders, credit notes and shipping documents before verifying and recording the receivables on its Layer-1 network built on Avalanche ($AVAX). Trade receivables are money owed to a company after it…