Author: NBTC

A significant move by a prominent Chinese investor has captured the attention of the cryptocurrency market. Duan Bin’s fund, Eastern Harbor, recently acquired an additional 31,700 shares of Circle. According to a regulatory filing, this stake is valued at approximately $3.02 million. This transaction signals a strong vote of confidence in the company behind the $USDC stablecoin. Duan Bin’s Circle Investment: A Strategic Bet on Stablecoins Duan Bin, a well-known figure in Chinese investment circles, manages Eastern Harbor. This fund focuses on high-growth technology and financial sectors. The recent purchase of Circle shares is not an isolated event. It represents…

According to onchain analytics platform BubbleMaps, a single user appeared to have launched a successful Sybil attack on Fabric’s $ROBO airdrop, which was distributed last month. According to BubbleMaps, that single entity pulled this off by deploying over 7,000 newly created wallets ahead of the drop, with the total haul across wallets amounting to about $8 million. BubbleMaps spots Sybil attack on Fabric’s airdrop Fabric Foundation, a project powered by OpenMind, is building a network layer for robotics, with $20 million in funding from top VCs, including Coinbase and Pantera. The token linked to the project, the $ROBO token, launched…

Federal prosecutors in Massachusetts unsealed charges against 30 defendants tied to a decade-long insider trading operation that allegedly generated tens of millions of dollars through stolen merger and acquisition information. The case involved corporate attorneys, traders, middlemen, and overseas associates accused of accessing confidential deal documents from major US law firms before public announcements. The investigation lands at a time when regulators are increasing scrutiny around insider trading risks in prediction markets such as Polymarket and Kalshi. Attorneys and Traders Accused in Massive Network According to the US Attorney’s Office for the District of Massachusetts, the scheme centered around confidential…

Whale investors who opened short positions exceeding $1 million on SK Hynix (SKHYNIX) via the decentralized exchange Hyperliquid are all facing significant unrealized losses, according to on-chain data from Hyperinsight. The largest position, a 4x short worth $4.36 million opened on Feb. 20 at an average entry price of $816, is now down $1.58 million — a 119% loss — as the stock continues to climb. On-Chain Data Reveals Persistent Short Selling Amid Price Rally Hyperinsight, a blockchain analytics firm tracking Hyperliquid activity, reported that despite SK Hynix’s stock repeatedly setting new all-time highs, short sellers continue to enter the…

In a groundbreaking move to push boundaries and offer a better experience in the crypto launchpad sector, FloorForge, a $BNB Chain launchpad designed for digital asset issuance, today announced a strategic partnership with Metya.com, a Web3 dating platform. This collaboration enabled FloorForge to combine with Metya’s Web3 social payment platform, aiming to offer a seamless, low-cost, and secure DeFi experience for its crypto launchpad users. FloorForge is a launchpad platform built on the $BNB Chain, allowing businesses to launch their new projects on-chain and connect with investors and customers. By bridging the gap between innovative, early-stage blockchain projects and potential…

Strategy’s CEO has promoted its high-yield STRC stock as a way to cover personal expenses, drawing attention to the risks tied to its dividend structure. According to comments made by Phong Le on Natalie Brunell’s show, the executive described STRC as an income-generating asset that could help investors manage recurring costs such as mortgages, utility bills, and car payments. He said the stock’s variable dividends “almost looks like a paycheck,” while noting that payments arrive regularly. Le disclosed that he had personally purchased $250,000 worth of STRC, explaining the decision through his own financial setup. He said he holds a…

Crypto analyst and trader Ali Martinez has published a post to point out a “strong buying opportunity” presented by $XRP to the community at the moment. This analysis came out after U.S. regulators, the SEC and CFTC, acknowledged $XRP and other cryptocurrencies as nonsecurity assets. “Strong buying opportunity for $XRP” Martinez shared a multiyear $XRP chart, showing that Ripple-affiliated cryptocurrency $XRP has been gradually ascending from lows hit in 2021. This is clearly visible on the chart. The asset has been following a trendline, showing the current $XRP/USD exchange rate near the $1.46 level as potential support. “This trendline could…

Spot trading volume across major centralized cryptocurrency exchanges (CEXs) dropped by 9.96% month-over-month in April, according to data from CoinGecko. The decline marks a notable slowdown in trading activity after several months of elevated volumes driven by market volatility and institutional interest. Broader Market Activity Contracts The pullback was not limited to spot markets. Perpetual futures trading volume, a key indicator of speculative interest, fell by 13.61% during the same period. This suggests that traders are reducing leverage and risk exposure amid a quieter market environment. The data, compiled by CoinGecko from top-tier exchanges including Binance, Coinbase, Kraken, and Bybit,…

President Trump is pushing for another round of tariffs, directing US Trade Representative Greer to ratchet up trade barriers. The move signals a deepening commitment to the protectionist playbook that has defined his economic agenda, and it’s already sending ripples through markets that extend well beyond traditional manufacturing. For the crypto industry, “more tariffs” translates to a very specific problem: the hardware that powers Bitcoin mining and blockchain infrastructure overwhelmingly comes from overseas. And when import costs go up, someone has to eat the difference. What’s actually happening Trump has called for the US to impose additional tariffs, with his…

Mirae Asset Securities’ U.S. subsidiary has joined a tokenization working group spearheaded by the Depository Trust & Clearing Corporation (DTCC), the central securities depository and clearinghouse that underpins much of the U.S. capital markets infrastructure. The move, reported by Digital Asset, positions the South Korean brokerage’s American arm among a select group of financial institutions collaborating with the DTCC to develop and standardize a token-based securities market. Who else is in the working group? The DTCC’s tokenization initiative has attracted an elite roster of global financial heavyweights. Current members include JPMorgan Chase, Goldman Sachs, Morgan Stanley, BlackRock, Citigroup, UBS, and…