Author: NBTC
As the proverb goes: As one Drake lawsuit closes, another opens. This week, as Drake fought to revive his dismissed defamation suit regarding the Kendrick Lamar diss track “Not Like Us”, the Canadian rapper was hit with a class-action lawsuit over his yearslong promotion of Stake, a crypto-fueled online casino. A class of users of Stake.us, the company’s American subsidiary, have sued Aubrey Graham, better known as Drake—along with internet personality Adin Ross—for promoting the site under “deeply fraudulent pretenses” and directly exposing younger consumers to “significant risks of financial ruin, psychological distress, and gambling addiction.” The suit, filed in…
In only three months, the daily average trading volume increased by an astounding 457%, from around $111 million in July to $619 million in October. August (+134%) and October (+82%) had the highest month-over-month increase, far outpacing Bybit’s total platform growth of 6% and 31%, respectively. After the complete implementation of the Bybit x Mantle Roadmap, Bybit, the second-largest cryptocurrency exchange in the world based on trading volume, today revealed record-breaking performance for Mantle (MNT). With outstanding user engagement and consistent investor trust, MNT became one of Bybit’s fastest-growing and most frequently traded assets between July and October 2025. Explosive…
On Tuesday, bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out more than $7,000 in value since the day’s first trade. The drop hit miners right in the hashpower—revenues tanked to levels they haven’t seen since April 8, 2025, leaving many rigs humming just to stay alive. Bitcoin’s Falling Hashprice Puts Squeeze on Mining Margins As of 2:30 p.m. Eastern time, bitcoin has been on a wild ride, swinging between $100,175 and $107,302 per coin while sliding 5% against the greenback. On some exchanges, like Bitstamp, bitcoin dipped below the $100K mark. Data from hashrateindex.com shows…
Open Loot, a developer focused on blockchain-based gaming infrastructure, has launched the OL Chain, a custom-built Layer-3 network designed to make in-game transactions faster, cheaper, and publicly verifiable. The company said OL Chain will record every trade, purchase, and interaction across its ecosystem directly on-chain, aiming to improve transparency for both players and partner studios. Speed and Scale OL Chain seeks to address one of the main friction points in blockchain gaming: transaction latency and gas costs. According to Open Loot, transactions on OL Chain settle in real time and will initially carry zero gas fees, lowering barriers for first-time…
Key Takeaways Orderly Network has launched a buyback program for its native $ORDER token, repurchasing tokens from the open market using treasury funds. A recent governance proposal enables the funding of buybacks directly from protocol fees, enhancing the community’s role in value distribution. Orderly Network, a DeFi platform powering multiple trading apps with centralized exchange-like speed and blockchain security, has initiated a buyback program for $ORDER, the native token of its decentralized trading engine. The protocol will use up to 60% of its net transaction fees to repurchase tokens from the open market. A recent governance proposal passed to fund…
The financial world is witnessing an unprecedented shift, as Ethereum solidifies its position as the sole asset capable of becoming a multi-trillion-dollar institutional store of value. ETH is the only one currently demonstrating the scale, utility, and institutional acceptance to command and securely hold multi-trillion-dollar allocations, fundamentally redefining the future of global wealth preservation and growth. Why Ethereum Is The Foundational Role For Institutional Capital Ethereum has quietly become the final form of digital trust for institutions to store trillions of dollars. A market expert and entrepreneur, partnering with OKX and MEXC, Ted Pillows, has stated on the social media…
At the Future Investment Initiative in Riyadh, Larry Fink called crypto gold assets instruments investors buy amid fear over debasement and personal security. What did Larry Fink say about crypto gold assets — BlackRock investment stance? Do Fink crypto comments treat crypto gold assets as gold safe haven or crypto fear hedge? Gold and precious metals interest? Does crypto act as a crypto fear hedge? Will alternative assets inflows rise amid government debt concerns? What did Larry Fink say about crypto gold assets — BlackRock investment stance? On October 28, 2025 at the Future Investment Initiative (FII) in Riyadh, Larry…
Many US senators are reportedly moving to advance a bill for crypto market structure rules amid a government shutdown with no end in sight. According to a Bloomberg report published on Thursday, several Republicans in the Senate, including those with leadership positions on key committees, plan to pass legislation on digital asset market structure by the end of the year, in line with their initially announced timeline. Despite thousands of government employees being furloughed across several agencies amid the shutdown, members of Congress continue to receive their paychecks and are permitted to conduct business in the House of Representatives and…
Fintech major Revolut has received a Markets in Crypto Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), allowing it to provide regulated crypto services across all 30 countries in the European Economic Area (EEA). Revolut, which serves more than 65 million customers globally, said the authorization cements its compliance-first approach to crypto in an emailed announcement on Thursday. The company plans to roll out “Crypto 2.0,” an expanded platform featuring more than 280 tokens, zero-fee staking with rewards of up to 22% annual yield, and direct 1:1 stablecoin-to-USD conversions with no spread, according to a press release…
Stablecoins and payment use cases are exploding in popularity in crypto, drawing major institutional adoption while gaining a regulatory stamp of approval with the passing of the GENIUS Act in July 2025. The total stablecoin market cap has grown to more than $300 billion on-chain according to data from DeFi Llama, and U.S. Treasury Secretary Scott Bessent has previously said that a $2 trillion market cap is reasonable for the asset class. Now, payments giant Stripe is collaborating with crypto venture firm Paradigm to build a blockchain specifically focused on stablecoins and their use in payments. Here’s what you need…