Author: NBTC

The European Union will impose a bloc-wide €10,000 limit on cash payments for goods and services from 10 July 2027 under new anti-money laundering rules. The measure, known as Regulation (EU) 2024/1624, is designed to curb illicit finance by harmonizing cash transaction limits across the EU, while allowing individual member states to adopt even stricter thresholds. The regulation also introduces sweeping changes for crypto and other high-risk sectors. It imposes new identity verification requirements for crypto transactions, effectively bars regulated providers from handling privacy coins, and extends AML obligations to crypto firms, football clubs, crowdfunding platforms, investment migration operators, and…

Jake Chervinsky has accused CME Group of using a lawsuit against U.S. crypto perpetual futures to protect its position in a market where the exchange reportedly controls about 92% of exchange-traded derivatives volume. According to Jake Chervinsky, chief executive of the Hyperliquid Policy Center, CME’s legal challenge against the U.S. Commodity Futures Trading Commission has exposed what he views as resistance to growing competition in the derivatives market. In a June 19 post on X, Chervinsky called CME’s lawsuit against the CFTC a “shocking miscalculation” and “an unforced error.” He wrote that the exchange had revealed itself as “a petty…

Amid the persistent crypto market downturn, the Bitcoin ETF market has remained heavily affected as it has continued to record steady daily outflows for several months. While investors expected the downside pressure to ease off following the mild outflows seen last week, it has only gotten worse this time, as Bitcoin just recorded its biggest weekly ETF outflow since launch, according to data from SosoValue. Institutional investors withdrew $1.79 billion from Bitcoin funds Per data provided by the source as of July 26, a total of $1.79 billion has been withdrawn from the Bitcoin ETF market over the last week.…

Crypto trading app Fomo has raised $75 million in a Series B funding round led by Index Ventures as the company looks to expand beyond digital asset trading. The round valued Fomo at $550 million and included participation from Union Square Ventures and existing investor Benchmark. Angel investors included Zynga cofounder Mark Pincus, Discord CEO Humam Sakhnini and Eventbrite cofounder Kevin Hartz. The latest raise brings Fomo’s total disclosed funding to roughly $94 million. The company previously secured a $17 million Series A led by Benchmark in November 2025, bringing its funding at the time to $19 million. Fomo plans…

Synthetix founder Kain Warwick has acknowledged that sUSD has been depegged for over a year, taken personal responsibility for treasury mismanagement, and published a detailed thread this morning explaining the path forward: winding down the $SNX-backed stablecoin and replacing it with a basis-vault-backed instrument powered by the protocol’s new v4 exchange. Warwick’s eleven-tweet thread follows governance’s passage of SIP-423, covered earlier today by The Defiant, which would freeze the sUSD contract and pay holders four $SNX per sUSD. In the thread, Warwick goes further than the SIP itself, framing the depeg as a multi-factor failure and detailing the reasoning behind…

A leading U.S. banking industry group has criticized the CLARITY Act’s approach to anti-money laundering compliance. It argues that the proposed crypto market structure bill leaves significant gaps across decentralized finance and other digital asset services. In a policy update published on June 19, the Bank Policy Institute [BPI] said the legislation would create a “lighter-touch AML regime” by applying anti-money laundering obligations only to certain digital asset brokers, dealers, and exchanges, while leaving other parts of the crypto ecosystem outside the framework. “This bill is not innovation-friendly; it is illicit finance-friendly,” the organization wrote. The comments come as lawmakers…

Another Chainlink token unlock has taken place, a quarterly event. According to on-chain data, approximately 21 million $LINK were transferred from four non-circulating supply addresses belonging to Chainlink about 3 hours ago. The current value of these tokens is estimated at approximately $166 million. 18.37 million $LINK tokens, worth approximately $145 million, were transferred to the Binance exchange. The remaining 2.625 million $LINK tokens, valued at approximately $20.8 million, were transferred to a multi-signature address starting with 0xD50…8Af. Related News Binance Founder CZ: “If Satoshi Nakamoto Doesn’t Move His BTC, His Coins Should Be Frozen” It is known that approximately…

1-Hour Chart: Buyers Losing Steam After a Short Recovery On the 1-hour chart, bitcoin has been producing modestly higher highs from a recent low, but the most recent candles are showing very small bodies with declining volume. That combination tells traders one clear story: buyers are not aggressively accumulating. A move above $60,400 could extend the short-term recovery, but any failure below $59,700 points directly back to lower support levels. $BTC/USD 1-hour chart via Bitstamp on June 27, 2026. The moving average convergence divergence ( MACD) at level negative 2,300 is showing a negative signal, which confirms that near-term momentum…

Micron shares rose about 4% to a new all-time high Monday after the memory chipmaker announced a broad strategic agreement with Anthropic aimed at scaling the infrastructure used to train and operate Claude. The partnership covers the design of memory and storage architecture, a supply agreement, the deployment of Claude across Micron and a strategic investment in Anthropic’s Series H funding round. Micron and Anthropic will work together to study how high bandwidth memory, DRAM and solid state drives perform across different artificial intelligence workloads. The companies said the collaboration is intended to improve infrastructure performance, energy efficiency and token…

Pendle recently amplified a widely shared post indicating that real-world assets (RWAs) represent approximately $691 million of total value locked (TVL) on its platform. This significant figure places RWAs among the largest categories on Pendle, pointing to notable liquidity and engagement within this segment. The information comes from a tweet by @pendle_fi, which has garnered attention in the crypto community. Breaking It Down Trading volumes for Pendle have been noteworthy due to this emphasis on RWAs. The broader crypto market displays mixed signals, yet the focus on RWAs could attract further investor interest. As RWAs account for a substantial portion…