Author: NBTC

The Cardano network ranks as one of the most decentralized networks in the crypto space, as the chances of compromise become nearly impossible. Decentralization in this context refers to the even distribution of control and authority among network participants. A well-decentralized network has broader participation in decision-making and is censorship resistant. Currently, Cardano ranks among the top four in crypto networks with these features. Cardano Nakamoto Coefficient at 23 This ranking was determined by the Nakamoto coefficient. Named after Bitcoin founder Satoshi Nakamoto, the metric measures how decentralized a network is using multiple factors. One is the minimum number of…

Binance is allowed to provide crypto trading access to users in the Philippines through its arrangement with BlockShoals Technologies, but neither company is authorized to handle peso transfers or perform other activities regulated by the country’s central bank, according to legal adviser Marie Antonette Quiogue. Quiogue, head of legal at BlockShoals, told Cointelegraph in an interview on Friday at Philippine Blockchain Week 2026 that Binance’s local operations fall under the Securities and Exchange Commission’s (SEC) crypto asset service provider (CASP) framework. She said BlockShoals serves as a crypto asset intermediary, introducing Philippine users to Binance’s global trading platform. The arrangement…

Orix, an Artificial Intelligence (AI-driven) Web3 project, has disclosed its strategic partnership with KUVI AI, an AI-driven platform for Agentic Finance. The basic purpose of this collaboration is to accelerate AI-powered Agentic Finance on the $BNB Chain. Orix AI specializes in on-chain AI computing and AI agent technology, focusing on enabling AI agents to execute blockchain tasks quickly and autonomously. KUVI AI offers institutional-grade financial infrastructure for digital assets and also focuses on secure, scalable, and programmable financial services suitable for institutions. Orix AI has shared this news on its official X account. ORIX AI × KUVI AI: STRATEGIC PARTNERSHIP🤝We…

BlackRock Inc. (NYSE: BLK) saw its iShares Bitcoin Trust (IBIT) dump more than $265 million in Bitcoin ($BTC) on Thursday. BlackRock’s IBIT recorded a net cash outflow of $265.68 million on June 25, according to data from SoSoValue, analyzed by Finbold on June 26. As such, the fund held a total net asset of approximately $44.43 billion at the time of reporting. IBIT daily cash flow. Source: SoSoValue The IBIT fund has registered six consecutive days of cash outflows totaling about $985.69 million. As such, BlackRock’s IBIT is about to record seven consecutive weeks of cash outflows of more than…

The cryptocurrency market has experienced a significant capital outflow in the last month, driven by a decrease in institutional investors’ appetite for risky assets. According to an analysis report published by BIT (formerly Matrixport), a total net capital outflow of $8 billion occurred from the crypto ecosystem in the last 30 days. The report analyzed overall institutional capital movements by considering stablecoin fund flows, investments in Strategy (STR) shares, and funds entering or exiting spot Bitcoin ETFs. The data revealed that institutional investors began reducing their positions in risky assets before the third quarter of the year. BIT analysts noted…

Tron has recorded a rapid surge in its network activity over the last day as the blockchain sees growing participation from holders despite the weak market momentum. On Tuesday, June 23, blockchain monitoring platform Lookonchain provided data revealing that Tron has led the market with the highest daily blockchain activity. Tron outperforms Ethereum Per the data, the network recorded a massive 3.93 million active addresses within the last 24 hours, surpassing major networks like Ethereum, Solana, and others. The source provided charts revealing that TRON has led the rest of the blockchains with the highest active addresses, highlighting its growing…

Chris Larsen, the Ripple co-founder and apparent privacy champion who wired San Francisco with thousands of police cameras, has appeared on a leaked guest list for Dialog, surveillance mogul Peter Thiel’s invitation-only network. Investigative journalist Dave Troy published previously unreported names yesterday. He tagged Larsen as both a participant and a founding fellow of the organization, which has been described as “Bilderberg (an off-the-record gathering of political and business elite) meets Silicon Valley salon.” Dialog, meanwhile, positions itself as a hush-hush place where leaders from various fields and ideological backgrounds can come together and build relationships. As part of this,…

$XRP Ledger Nears One Million AI Agent Transactions as Real-World Utility Accelerates The $XRP Ledger (XRPL) is rapidly expanding beyond its roots as a payments network, emerging as critical infrastructure for the fast-growing AI economy. As autonomous AI agents begin conducting financial transactions on their own, XRPL is positioning itself at the center of machine-to-machine commerce. According to t54.ai, a company building trusted infrastructure for AI agents, nearly 1 million AI agent transactions have already settled through its XRPL x402 facilitator. The milestone signals that AI-powered blockchain payments are no longer experimental, they’re happening at scale. The momentum accelerated last…

Bitcoin ($BTC) struggled to reclaim $60,000 on Friday amid continued global market volatility. Key points: Bitcoin closes below $60,000 on daily time frames for the first time since September 2024. Asian stock markets see another day of major losses on tech-stock concerns. $BTC price analysis hopes for a reclaim of the 200-week trend line as the bull case. Bitcoin risks $60,000 resistance flip as tech selling persists Data from TradingView showed that prior support was increasingly becoming the bulls’ new hurdle after Bitcoin’s first sub-$60,000 daily close since September 2024. $BTC/USD one-hour chart. Source: Cointelegraph/TradingView Asia stock markets saw more…

The banking group, ICBA, is asking the Federal Reserve Bank of Kansas City to turn Kraken’s Fed account into an active renewal test before the initial one-year term expires. In a June 18 letter, the community-bank trade group urged the Kansas City Fed to immediately review whether Kraken Financial’s limited-purpose account remains consistent with the Fed’s account-access guidelines and to consider further restrictions, suspension, non-renewal, or termination if warranted. The request changes the tone around a limited-purpose Fed account that Kraken had framed in March as a direct-settlement milestone for crypto. The Kansas City Fed approved Wyoming-based Payward Financial, dba…