Author: NBTC
The head of a Nigerian regulatory body warns that widespread gambling and crypto trading are diverting funds from the capital markets, undermining efforts to finance the country’s $150 billion infrastructure deficit. Capital Market vs. Risk Taking The Nigerian Securities and Exchange Commission (NSEC) is voicing concerns that the growing preference of residents for gambling and crypto trading is severely hindering the country’s ability to fund and build key infrastructure. NSEC Director General Emomotimi Agama highlighted the disparity in investment flows, noting that an estimated 60 million Nigerians (a quarter of the 240 million population) collectively stake $5.5 million daily in…
Cryptocurrency exchange Binance has released an official statement regarding the “market maker disclosure” allegations that have been trending in the community in recent days. The company stated that, as a result of the investigation, the allegations in question were made by an independent third-party trader and that this person is not an official market maker. According to the statement, the trader’s investment firm also confirmed that the individual was not authorized to speak on their behalf. The firm terminated its relationship with the relevant external trading team as of October 13, 2025, and withdrew its compensation claim against Binance. The…
Buenos Aires hosts DevConnect 2025, featuring Vitalik Buterin to boost regional Web3 adoption and development. Bitfinex identifies major corporate Bitcoin treasury potential in Argentina and Colombia, following Brazil’s lead. The city of Buenos Aires will transform into the global hub of Web3 during November. From the 17th to the 22nd of that month, the La Rural venue will host DevConnect 2025, the annual gathering organized by the Ethereum Foundation. This event will be held for the first time in the country with the stated goal of bringing together developers, companies, artists, and representatives of the Web3 ecosystem. The confirmed attendance…
Venture capital giant Andreessen Horowitz (a16z) is leading a $12.9 million funding round for ZAR, a one-year-old fintech startup aiming to make dollar-backed stablecoins accessible to everyday consumers in Pakistan and other emerging markets. The round drew participation from Dragonfly Capital, VanEck Ventures, Coinbase Ventures and Endeavor Catalyst, according to a Tuesday report by Bloomberg. The startup is targeting Pakistan’s 240 million people, where the World Bank estimates over 100 million adults remain unbanked. Unlike many crypto companies focused on apps or global exchanges, ZAR plans to distribute stablecoins through local stores, phone kiosks and money agents, the same network…
President Trump’s pardon of Binance founder CZ reignites debates on accountability in crypto policy Political commentator Eagleman urges Trump to hold Senator Warren accountable CZ plans defamation suit over Warren’s money laundering claims President Trump’s pardon of Binance’s CZ has sparked broader debates in the industry. The decision drew sharp reactions from lawmakers and has also added new layers to the debate over accountability and fairness. Gunther Eagleman, a commentator on social media platform X, has raised questions about the legal implications of the comments made by Senator Elizabeth Warren, citing legal analysis from Teresa Goody Guillén, a former SEC…
Robinhood unveiled support for BNB on Wednesday, making the fourth largest cryptocurrency by market capitalization available to customers on its platform in the U.S. The announcement, which has been viewed more than 530,000 times on X, follows a similar nod from Coinbase a week ago. The San Francisco-based firm said that the Binance-linked token had been added to its listing roadmap, with trading going live on Wednesday as well. Although Coinbase lists hundreds of assets on its platform, Robinhood has offered fewer since it started supporting crypto in 2018. On Wednesday, Robinhood users could access roughly 41 cryptocurrencies for trading…
Questflow, an orchestration layer for the multi-agent economy, announced a strategic collaboration with Polygon, a blockchain network driving global payments and RWAs through its Layer-2 scaling solution. This partnership enabled Questflow to integrate its native x402 facilitator on Polygon, enabling AI agents on the blockchain to verifiably and safely execute on-chain transactions. The Questflow x402 Facilitator is now live on@0xPolygon, unlocking direct on-chain crypto payments for your APIs, agents, and services.Developers and creators can interface with the x402 protocol via the Facilitator to rapidly prototype, test, and deploy on-chain applications.… pic.twitter.com/Aw7Nr6CjbO — Questflow (@questflow) October 31, 2025 Why are x402…
Santiment shows wallets holding 100 to 10,000 ETH re-accumulated roughly 218,470 ETH over the past week. That buying offsets a slice of the ~1.36 million ETH these cohorts sold between October 5 and 16. Whales Reverse Course and Add 218K ETH After Mid-October Selling The flip from distribution to accumulation restores part of the liquidity removed earlier in the month and sets a more constructive backdrop if demand persists. 🐳🦈 Ethereum whales and sharks holding between 100 to 10,000 $ETH are finally showing some signs of confidence. After -1.36M was dumped by this group between October 5th and 16th, they…
In crypto Rover it was reported that the US 500 has closed above its all-time high. The chart indicates that it is close to 6,866 points on October 27, 2025. Strong earnings, buybacks, and liquidity conditions are some of the reaction of traders. Stocks went on a rampage in industries and drove the index to new heights. The US stock market just hit its highest daily close ever!Crypto could be next. 🚀 pic.twitter.com/PWzj64EZTe — Crypto Rover (@cryptorover) October 28, 2025 Bitcoin is at a lower point than before, with a recent price range of 120k-150k (chart data). The paired Bitcoin…
Panama’s new draft law establishes a comprehensive regulatory framework for virtual assets ahead of FATF’s 2027 evaluation. Regulation aims to protect users through transparency rules and a public registry of authorized service providers. A group of Panamanian lawyers has presented a draft bill proposal aimed at establishing a comprehensive regulatory framework for virtual assets. The initiative seeks to align national legislation with the recommendations of the Financial Action Task Force ahead of its scheduled evaluation in 2027. Lawyers Belisario Castillo and Oliver Muñoz developed the document with support from the Panamanian Capital Market Association. This effort aims to generate broad…