Author: NBTC

Turkey’s crypto community launched a mass #kriptodavergiyehayır campaign ahead of a vote on a draft bill imposing a 0.03% transaction levy and up to 40% tax on foreign-platform gains. Summary Turkey’s parliament was set to vote on a draft crypto tax law on March 25 that would impose a 0.03% transaction fee on all trades and up to a 40% gains tax for those using foreign platforms. The hashtag #kriptodavergiyehayır — roughly translating to “No to crypto tax” — exploded across X on March 24, drawing 145,000 views, 3,700 likes, and 686 retweets on a single post by prominent Turkish…

The crypto market downturn has been particularly hard on leading American exchange Coinbase (COIN), which has seen its stock plunge more than 50% since bitcoin’s early October record above $126,000, including a 27% decline in 2026 alone. Attempting to catch up to that fast tumble, JPMorgan’s Ken Worthington slashed his price target on COIN to $290 from $399 ahead of the company’s fourth quarter earnings report coming after the close on Thursday. Worthington remains a bull on the stock and his reduced target still suggests 75% upside from COIN’s current price of $1655. Worthington projects adjusted EBITDA of $734 million,…

WASHINGTON, D.C., March 2025 – Salman Banaei, the head of legal at regulated real-world asset blockchain project Plume, delivered crucial testimony today before the U.S. House Financial Services Committee. His appearance at the hearing on the future of tokenized securities highlighted a growing concern: the potential migration of essential tokenization market infrastructure away from American shores due to regulatory uncertainty. This development marks a pivotal moment for U.S. financial technology leadership. Tokenization Hearing Brings Web3 Voice to Congressional Debate The House Financial Services Committee convened its hearing at 2:00 p.m. UTC today. Consequently, the session focused specifically on the regulatory…

In a landmark decision for the digital asset industry, S&P Global Ratings has assigned a preliminary ‘BBB-‘ credit rating to a structured product from Bitcoin lending firm Ledn. Announced in Toronto, Canada, on March 21, 2025, this rating represents the highest ever bestowed upon a cryptocurrency company by a major global ratings agency, marking a pivotal moment for institutional crypto adoption and financial validation. S&P Global’s BBB- Rating for Ledn: A Historic Milestone S&P Global’s action centers on Ledn’s ‘Issuer Trust 2026-1,’ a specific financial product. Consequently, the ‘BBB-‘ designation places this offering firmly in the lower tier of investment-grade…

Mezo has partnered with Aerodrome Finance in a collaboration that makes the latter the primary liquidity hub for the former’s native token and its Bitcoin-backed stablecoin. Bridging Base’s ‘ve’ Pioneers into Bitcoin DeFi Mezo, a decentralized lending protocol built on Bitcoin, has entered into a strategic partnership with Aerodrome Finance, a leading decentralized exchange ( DEX) on Base. The collaboration will make DEX the primary liquidity hub for Mezo’s native token while also supporting liquidity for the bitcoin-backed stablecoin MSUD. Under the agreement, Mezo will allocate 2.25% of its total MEZO token supply to Aerodrome’s veAERO voters over a 30-day…

US President Donald Trump has stated that he is considering sending a second aircraft carrier strike group to the Middle East if negotiations with Iran fail. Speaking to Axios, Trump said that the military option is on the table if the diplomatic process doesn’t work. The US and Iran resumed negotiations in Oman last Friday for the first time since the 12-day war in June. While the talks were underway, Trump stated that the US was significantly increasing its military presence in the Gulf, adding, “Either we’re going to make a deal, or we’re going to have to do something…

In a dramatic legal development shaking the cryptocurrency sector, market maker Jump Trading has fiercely countered a $4 billion fraud lawsuit from Terraform Labs, labeling it a “desperate attempt” to transfer responsibility for massive regulatory penalties. The escalating conflict, filed in United States bankruptcy court, centers on allegations of deception during the catastrophic Terra ecosystem collapse in 2022. This case now represents a pivotal moment for legal accountability in digital asset markets. Jump Trading Lawsuit Details and Core Allegations Todd Snyder, the bankruptcy trustee overseeing Terraform Labs’ proceedings, initiated the substantial lawsuit in December 2024. The complaint targets Jump Trading,…

Mochi founder Azeem Ahmed sold 550K $CVX from a Curve-linked stash as on-chain probes allege over $8M in diverted rewards and $54M in DeFi losses. Summary Mochi Finance founder Azeem Ahmed sold about 550,285 $CVX for roughly $946,000, pushing the token down more than 10%. The $CVX stack traces back to a 2021 Curve pool drain that left liquidity providers with an estimated $54 million in losses. Ahmed now faces years of on-chain fraud allegations spanning at least four DeFi projects, with diverted rewards and liquidity drains topping $8 million. Azeem Ahmed, founder of Mochi Finance and GaiaDAO, has sold…

The Dow Jones Index continued its strong bull run, reaching a new all-time high on Tuesday, as investors waited for the upcoming corporate earnings and key macro data. Summary The Dow Jones Index continued its strong bull run ahead of the upcoming earnings. It has jumped by 37% from its lowest level in April last year. The US will publish key macro data on Wednesday and Friday. Dow Jones, which tracks 30 diverse companies, reached a record high of $50,520, three days after it crossed the important $50,000 milestone. Other blue-chip indices like the S&P 500 and the Nasdaq 100…

In a landmark ruling that sends shockwaves through South Korea’s financial sector, Aha Group executives have received devastating prison sentences in their cryptocurrency fraud appeal, marking a significant victory for regulatory enforcement against digital asset scams. The Changwon branch of the Busan High Court delivered its verdict on November 15, 2025, upholding severe penalties for one of the nation’s most substantial cryptocurrency investment fraud cases. Crypto Fraud Appeal Upholds Heavy Sentences The appellate court maintained substantial prison terms for Aha Group’s leadership despite their appeals for leniency. Specifically, the court sentenced two primary defendants, identified only as A and B…