Author: NBTC

The US Securities and Exchange Commission (SEC) has forwarded its proposal to have most crypto assets not treated as securities under federal law to the White House’s Office of Management and Budget. According to information available through the US General Services Administration, on Friday the SEC sent two proposed rules to the White House for review, including its interpretative notice from last week regarding which digital assets the agency could consider a security under federal law. As of Monday, government records showed the proposal as “pending review” by the White House, potentially changing how the SEC handles regulation and enforcement…

Binance Australia Derivatives, operated by Oztures Trading, has been fined $6.9 million after a court found it incorrectly classified over 85% of its clients as wholesale investors between July 2022 and April 2023, according to a Friday press release published by the Australian Securities and Investments Commission (ASIC). The misclassification exposed 524 retail investors to risky crypto derivative products without required safeguards, resulting in over $8 million in losses and fees. Binance admitted to major compliance failures, including flawed onboarding processes, insufficient staff training, and poor oversight by senior compliance staff. Clients were able to repeatedly attempt qualification quizzes until…

As DeFi infrastructure quietly moves into mainstream platforms, whop treasury is emerging as a high-profile test case for scalable, onchain creator commerce finance. Stani Kulechov backs Whop’s DeFi move Whop Treasury has attracted public support from Stani Kulechov, the founder of Aave. He described the product as “one of the biggest DeFi-to-fintech integrations ever,” highlighting how it links a large consumer base directly to onchain infrastructure. Whop is a marketplace where creators sell digital products and community access. Now, user balances can be routed through onchain rails to generate yield automatically, rather than sitting idle in traditional payment systems. With…

In a significant move that captured immediate attention across cryptocurrency markets, an early Ethereum investor executed a $15.1 million sale of $ETH, marking their first major divestment in over four years. According to data from the blockchain analytics platform Lookonchain, this substantial transaction involved the unstaking and subsequent sale of 7,302 $ETH within a remarkably short two-hour window. This event provides a compelling case study into the behavior of long-term cryptocurrency holders and the potential market signals their actions can send. Ethereum Investor Triggers Major Market Transaction The transaction, originating from a wallet associated with early Ethereum participation, represents a…

Jump Trading, a Chicago-based firm specializing in algorithmic and high-frequency strategies, has reached agreements to take small ownership stakes in prediction market operators Kalshi and Polymarket, Bloomberg reported Monday, citing people with knowledge of the arrangements. The investment would deepen the proprietary trading giant’s exposure to event-based wagering after it began providing market-making liquidity on Kalshi’s platform. As reported, the deal with Kalshi grants Jump a predetermined equity share, while its stake in Polymarket will scale up over time with the level of trading capacity Jump contributes in the US. Kalshi, a CFTC-regulated venue for trading contracts tied to real-world…

Senator Elizabeth Warren (D-MA) requested information Monday regarding Beast Industries’ recent acquisition of Step, urging the company created by YouTube star MrBeast to move cautiously as it weighs crypto for the mobile banking app designed for young investors. In a letter sent to Beast Industries CEO Jeff Housenbold and MrBeast—whose real name is Jimmy Donaldson—the crypto critic argued that the firm’s history “raises concerns about its ability to manage a financial technology company, particularly one targeting children and teens.” The 12-page letter focuses on Step’s previous involvement in crypto. In 2022, the app announced that it had become the first…

In a significant institutional cryptocurrency movement, Paxos executed a substantial transfer of 1,000 $PAXG tokens, valued at approximately $4.38 million, to an address associated with the prominent crypto market maker B2C2. This transaction, identified by blockchain intelligence platform Arkham, underscores the growing institutional activity within the digital asset space as of April 2025. The movement of such a large sum in a gold-backed digital asset highlights evolving strategies among major financial players. Furthermore, this transfer provides a concrete example of how traditional asset classes integrate with blockchain technology. Analysts closely monitor these flows for signals about market liquidity and institutional…

Onyx Protocol, a decentralized platform that enables peer-to-peer lending and borrowing of different digital assets, today announced the official launch of its Goliath mainnet. Based on its social media post shared today, Onyx announced that Goliath, a new Layer-1 blockchain network that aims to offer secure and seamless infrastructure for banks and financial service providers, is now live. Onyx Protocol is a DeFi platform built on the Ethereum blockchain, which offers efficient and secure lending and borrowing solutions to users. Powered by its decentralized infrastructure and native token, $XCN (Onyxcoin), Onyx enables both retail customers and institutional clients to lend,…

In a significant move highlighting institutional cryptocurrency adoption, an address linked to BlackRock’s spot Ethereum ETF transferred 15,400 $ETH to Coinbase Prime, according to blockchain data analyzed by The Data Nerd on March 15, 2025. This transaction, valued at approximately $32 million, represents a substantial institutional movement within the digital asset ecosystem. Consequently, market observers are closely monitoring these developments for broader implications. BlackRock Ethereum ETF Executes Major Coinbase Prime Transfer The blockchain transaction occurred approximately seven hours before public reporting. On-chain analytics firm The Data Nerd identified and verified the wallet activity. This deposit follows the regulatory approval and…

Bringing institutional discipline to digital assets, DeFi Technologies has introduced the dvio index to turn regulated capital flows into a forward-looking lens on crypto markets. A new benchmark built on real investor flows Launch details and strategic positioning From fragmented data to capital-flow intelligence Why Valour flows offer differentiated signals A diversified, rational investor base Index design and methodology Insights framework and barometers Business model and commercial roadmap Data, AI, and analytical infrastructure A differentiated vantage point on crypto markets About the companies behind the index A new benchmark built on real investor flows DeFi Technologies Inc., through its subsidiary…