Author: NBTC
Crypto market observers have locked their gaze on the delayed US inflation report for September, which is expected to be published on Friday and to exceed 3% for the first time in 2025, which could have a knock-on effect on crypto markets. The US Bureau of Labor Statistics is scheduled to publish the Consumer Price Index (CPI) for September on Friday. It has been delayed due to the ongoing government shutdown, which is now in its 24th day. Economists forecast that September inflation rose 0.4% monthly and 3.1% annually, so it would be the first time headline CPI would exceed…
The White House carefully considered Binance founder Changpeng Zhao’s pardon and went through the standard processes before sending it to President Donald Trump for his approval, says White House press secretary Karoline Leavitt. Trump defended the pardon in an interview with CBS News’ 60 Minutes on Sunday, saying he had “no idea” who Zhao is and dismissed criticism of his pardon as politically motivated. Leavitt said in a briefing on Tuesday that Trump’s comments on Zhao in the interview were meant to convey that “he does not know him personally” and that the president “does not have a personal relationship…
The world’s first Chinese decentralized contract exchange, Sun Wukong, has seen its trading volume surge to more than $3.6 billion less than a month after its launch. Summary Sun Wukong, the world’s first Chinese-branded decentralized perpetual exchange, has recorded over $3.65 billion in trading volume and 35,600 active users less than a month after its Oct. 9 launch. The platform’s rapid growth underscores renewed crypto interest among Chinese investors despite the mainland’s trading ban, as Hong Kong emerges as a regional digital-assets hub amid calls for looser regulations. According to data from the platform’s main site, Sun Wukong generated a…
SharpLink generated 459 ETH in staking rewards last week, pushing its total cumulative yields to 6,575 ETH since launching its Ethereum treasury strategy in June 2025. The Nasdaq-listed firm now holds 859,853 ETH, valued at approximately $2.9 billion, marking one of the largest institutional commitments to yield-bearing digital assets. Ethereum Staking Turns Corporate Treasury Into a Profit Engine SharpLink’s Ethereum staking engine is generating yields that could redefine what it means to hold crypto on a corporate balance sheet. According to company data, the firm earned 459 ETH ($1.5 million) in staking rewards last week. This brings its total to…
The crypto trader who supposedly made millions shorting the crypto market before US President Donald Trump’s tariff announcement has believed to have profited again after betting that Trump would pardon the Binance founder. Onchain sleuth Euan pointed to Etherscan data to make the connection between the trader and the Polymarket account. The crypto wallet reportedly made $56,522 on Polymarket by betting that Trump would pardon Changpeng “CZ” Zhao sometime in 2025. Source: Euan The crypto trader had already become suspected in crypto circles for having access to insider knowledge after their tightly timed Bitcoin and Ethereum shorts — just hours…
Former Australian Rugby League star Trent Merrin has been arrested and charged over the alleged theft of $91,000 (AUD $140,000) in crypto, with police alleging the retired footballer used deceptive means to transfer funds from a victim’s account. The former Kangaroos and New South Wales Blues representative was taken into custody at his Barrack Point residence on Tuesday morning following a year-long investigation into the alleged theft from a 29-year-old man’s crypto account, according to a report by the Sydney Morning Herald. Police allege Merrin dishonestly obtained a financial advantage by deception through unauthorized crypto transfers. Officers seized electronic…
Listing on a top-tier Centralized Exchange (CEX) has long been considered the ultimate prize, the moment a fledgling crypto project transitions from a niche experiment to a global financial asset. Historically, this moment was synonymous with explosive growth, often resulting in a legendary “Binance pump” or “Coinbase effect.” But the landscape has undergone a profound transformation. Increased regulatory scrutiny, a more sophisticated investor base, and the rise of Decentralized Exchanges (DEXs) have fundamentally changed the listing game. Exchanges are no longer just market facilitators; they have evolved into the gatekeepers of credibility, and their listing criteria reflect this new mandate.…
Lookonchain tracked a fresh sequence of Tornado Cash withdrawals involving three newly active wallets that together pulled out 4,920 ETH, valued at roughly $16.25 million. The ETH was moved at about $3,302 per coin. The size and timing attracted attention because the addresses were not long-lived and were funded entirely via the privacy mixer. Three new wallets just withdrew 4,920 $ETH($16.25M) from https://t.co/11PfRBP2j2 and sold at around $3,302.Is this Richard Heart (@RichardHeartWin, founder of HEX, PulseChain, and PulseX) selling — or hackers? For context, Richard Heart bought 162,937 $ETH($619M) at $3,800 in… pic.twitter.com/kNdLLRofwy — Lookonchain (@lookonchain) November 7, 2025 Transfers…
BlackRock’s tokenized fund, BUIDL, has completed a one-time transfer of approximately $500 million on the Polygon (MATIC) network. BlackRock’s Tokenized Fund BUIDL Makes $500 Million One-Time Investment in Polygon Network This large-scale transaction marks a new era in BlackRock’s blockchain-based asset management strategy and was officially confirmed by Polygon’s CEO. Polygon CEO stated in a statement on social media that the transaction was the first large-scale distribution of the BlackRock BUIDL fund to the Polygon network. This move is considered an indication that both traditional finance (TradFi) and decentralized finance (DeFi) fields are becoming increasingly closer. BUIDL is BlackRock’s tokenized…
Coinbase and Paradigm leaders have accused powerful US banking groups of trying to block innovation in crypto and stablecoins through “protectionist” policies. The clash reflects deep divisions between traditional finance (TradFi) and digital asset firms, which seek regulatory clarity. Coinbase Accuses Bank Lobby of “Protectionism” The Coinbase exchange’s Chief Legal Officer, Paul Grewal, criticized the Independent Community Bankers of America (ICBA) after it urged the Office of the Comptroller of the Currency (OCC) to deny Coinbase’s trust bank charter. “Imagine opposing a regulated trust charter because you prefer crypto to stay unregulated. That’s ICBA’s position…another case of bank lobbyists trying…