Author: NBTC

A Duke University law instructor has raised serious legal questions about World Liberty Financial ($WLFI), the decentralized finance project backed by the Trump family, arguing that its token likely qualifies as an unregistered security under U.S. federal law. The Howey Test and $WLFI’s Profit Expectations Lee Reiners, who teaches cryptocurrency regulation at Duke University School of Law, told The Block that $WLFI’s structure and marketing create a clear expectation of profit for investors, satisfying a core element of the Howey Test. The test, established by the U.S. Supreme Court in 1946, determines whether a transaction constitutes an investment contract and…

Nearly half of all bitcoin in circulation is now worth less than it was bought for, according to data from the Bitcoin Impact Index, which jumped sharply last week as stress returned across all segments of the market. The index, which measures financial stress for bitcoin user cohorts based on onchain behavior, ETF and derivatives activity and liquidity flows, surged 13 points to 57.4 during the week ended March 28, its steepest climb since January, CEX.IO noted in a recent report. That level, from a range of up to 100, lands it squarely in what’s seen as the “high impact”…

The decentralized finance (DeFi) world is beginning to reward actual profits. Hyperliquid, Pump.fun, and EdgeX together distributed about $96.3 million to token holders in the last 30 days. The trend showed that investors are starting to look to protocols that generate and share genuine revenue, not just growth promises, high transaction speeds, or inflated user activity metrics. Data from DefiLlama shows Hyperliquid led the group, distributing $50.95 million in full to its users. Pump.fun followed with $22.09 million in payouts from $38.81 million in revenue. On the other hand, EdgeX reported $23.26 million in protocol revenue, up from $8.26 million,…

Last week, the Fed held its final meeting as Chairman Jerome Powell, and as expected, kept interest rates unchanged. While interest rates remained the same, experts believe what changed was the Fed’s rhetoric on inflation. The decision to keep interest rates unchanged was generally expected. What was unexpected was the change in the Fed’s definition of inflation. Previously describing inflation as “slightly high,” the Fed now states that inflation is high. Powell noted that inflation remains high and that rising energy prices, in particular, will create upward pressure in the short term. In context, this also suggests that the interest…

$BNB has moved ahead of $XRP in market cap rankings. It is now the fourth-largest cryptocurrency. Data from CoinMarketCap shows $BNB at around $85.9 billion. $XRP follows closely at about $85 billion. The gap is small. Still, the flip is important. It shows how fast rankings can change in crypto. 🚨UPDATE: $BNB FLIPS $XRP TO BECOME 4TH LARGEST CRYPTO BY MARKET CAP$BNB has overtaken $XRP in market capitalization. The shift was confirmed by @CoinMarketCap data.$BNB now ranks as the fourth-largest cryptocurrency.$BNB’s valuation now stands at $85.9 billion. $XRP follows… pic.twitter.com/JqOeABImpj — BSCN (@BSCNews) March 23, 2026 Just a few days…

The US Senate Banking Committee is set to markup the Clarity Act on May 14, a bipartisan bill that would establish the first comprehensive regulatory framework for digital assets in the country. The Clarity Act, formally known as the Digital Asset Market Clarity Act, would define the jurisdictional boundaries between the SEC and CFTC. In English: it would finally answer the question of whether a given token is a security or a commodity, and which agency gets to police it. What the bill actually does At its core, the Clarity Act is an attempt to replace what critics have called…

In a bold initiative to provide game players and users with an advanced GameFi experience, GMatrixs, a Web3 gaming platform, today announced a strategic partnership with MiniverseCore, a multichain ecosystem for Web3 games, DeFi, and DApps. Through this collaboration, GMatrixs introduces innovative decentralized application (DApp) capabilities into its gaming network through its integration with MiniverseCore’s Web3 infrastructure to unlock new on-chain earning, transaction, and utility opportunities for its global gaming community. GMatrixs is a GameFi platform with expertise in providing decentralized solutions to the Web3 gaming ecosystem. Its blockchain network offers efficient GameFi services, and runs a low-barrier GameFi environment…

South Korea’s joint investigation team has confirmed what many suspected: the fire aboard the HMM Namu on May 4 was caused by external strikes, not an accident. Two unidentified aerial objects hit the cargo vessel as it transited the Strait of Hormuz, damaging a 7-by-5-meter section of the hull and igniting a blaze that, mercifully, caused no casualties. The HMM Namu, operated by South Korea’s largest container shipping line, was struck while passing through the narrow waterway separating Iran from the Arabian Peninsula. South Korean investigators concluded the damage was consistent with aerial projectile impacts, not mechanical failure or onboard…

Strategy has taken a break from its weekly Bitcoin purchases for the first time in over three months as the quarter draws to a close. In a Monday filing, the world’s largest corporate Bitcoin holder reported that it neither sold shares through its at-the-market program (ATM) nor purchased Bitcoin last week. As of now, Strategy’s Bitcoin holdings total approximately 762,099 coins, valued at approximately $52 billion at current market prices. Bitcoin trades at around $67,790 at press time, down 22.5% year-to-date, per CoinGecko. In shareholder matters, a class action lawsuit filed by David Dodge in July 2025 alleging voting rights…

DeepBook’s leveraged trading infrastructure faced mounting pressure after its $USDC margin pool became undercollateralized on the 9th of May. On a post on X, the protocol announced that around 3:18 AM UTC, the imbalance generated nearly $239,700 in bad debt. Source: X The disruption unfolded as collateral values deteriorated faster than DeepBook’s liquidation engines could react during volatile conditions. Withdrawal thresholds near 2.0x and liquidation targets around 1.25x briefly failed to absorb the shock. That weakness exposed how rapidly leverage can destabilize shared liquidity pools once volatility accelerates. However, protocol solvency remained intact as the insurance fund fully restored affected…