Author: NBTC

Kalshi wants the trailer pulled and a public retraction issued before the film premieres Sunday, July 26. The company says the trailer uses a fabricated trade slip to suggest Kalshi allowed sports betting in Nevada in violation of a state court order, according to reports from The Hollywood Reporter and CNN, which obtained the cease and desist letter. The upcoming documentary tracks the rise of prediction markets, platforms where people trade contracts tied to real events. Netflix says more than $5.6 billion moved through Kalshi and Polymarket alone on the 2026 FIFA World Cup final. Reports state that CFTC Chairman…

Joseph DeLong, the former SushiSwap CTO who now runs stablecoin card startup Colossus, said he will launch a decentralized exchange called Deepstate on Robinhood Chain next week. “I have a decentralized exchange side project that outgrew nights and weekends. I’m gonna launch it next week on @robinhood chain,” DeLong wrote on X on July 24, linking to a whitepaper published on GitHub. A Fully Onchain Order Book The whitepaper, dated June 29 and authored by DeLong, specifies a limit order book that lives entirely in smart contract storage. Each resting order is packed into a single 32-byte word — price…

Following positive news from the US and Iran, Bitcoin recovered from around $60,000 and rose above $66,000 during the day. While predictions of further declines and a potential bottom for Bitcoin continue, analysts have shared their updated analyses. Buying Has Returned in Bitcoin, Price is Rising! According to Glassnode analysts, buying pressure has returned to $BTC following the recent price correction, and $BTC has entered a stabilization phase around $65,000. Glassnode, an on-chain analytics firm, notes in its latest analysis that buying pressure has returned to Bitcoin and the broader market following the recent price correction. The firm’s Accumulation Trend…

In 2021, during the height of $NFT-mania, an angel investor and macroeconomist named Tascha Che (aka Tascha Labs) announced her plan to buy a $5,000 diamond, create an $NFT of it, then smash it to pieces. The stunt, intended to prove that, while physical objects can be destroyed, digital footprints can forever retain value, was widely criticized by most outside of cryptocurrency and $NFT circles. But since the complete collapse of the $NFT markets and liquidity falling to near all-time lows, how has the shattered diamond $NFT performed? Diamond background Che came up with the idea after posting a hypothesis…

Coinbase Ventures has completed 30 startup investments during the first half of 2026, maintaining the industry’s most active venture pace despite a sharp slowdown in overall crypto fundraising. According to CryptoRank, the venture arm of Coinbase led all crypto-focused investors with 30 deals between January and June, ahead of Animoca Brands with 19 investments, venture capital firm a16z with 18, and stablecoin issuer Tether with 15. The latest rankings come as venture funding across the digital asset industry remains well below levels seen earlier this year. Coinbase Ventures has stayed ahead despite weaker funding CryptoRank’s data also shows Coinbase Ventures…

eole, an AI data center company listed on the Japanese stock exchange, announced that it is expanding its crypto asset strategy by investing in $HYPE, the native token of the Hyperliquid ecosystem. According to the company’s statement, $HYPE was initially acquired for 10 million yen (approximately $67,000). In the next phase of its investment plan, eole aims to increase the total investment to 100 million yen (approximately $670,000) by the end of August. The company stated that this transaction was the first $HYPE investment made by a publicly traded company in Japan. Emphasizing that this step was not solely for…

“As it uses existing rules, it’s going to be much less like a standalone framework,” Lightstone said. “A crypto firm will be treated like any normal traditional financial institution,” adding that “it will still be hard to get FCA authorization.” For established banks and investment firms already operating under those rules, adapting to crypto may be relatively straightforward. For newer crypto businesses, however, the cost of building governance, capital and custody systems from scratch could prove considerably more burdensome. That challenge is particularly evident in the FCA’s proposed client asset regime, applying the Clients Asset Sourcebook (CASS) framework, which would…

Dango, a perpetuals exchange built on its own Layer-1 blockchain, said it will shut down, halting trading on July 29 and switching off its chain on Aug. 13. “Despite our best effort, various reasons have led us to conclude there is no viable path to a lasting commercial success,” the team posted on X on July 24. “Funds are safe.” Wind-Down Timeline Withdrawal limits will be lifted shortly, and the team urged users to close positions and withdraw, warning that thin liquidity could mean heavy slippage. On July 29 at 12 pm UTC, trading halts: remaining positions will be closed…

Bitcoin has staged a notable recovery over the past few days after a sharp correction drove the asset toward a major demand zone around $60K. The rebound appears to have been fueled in part by improving macro sentiment following the preliminary peace agreement between the U.S. and Iran, which significantly reduced geopolitical uncertainty and boosted risk appetite across global markets. The easing of tensions triggered a broad rally in risk assets while supporting Bitcoin’s recovery from recent lows. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, $BTC remains within a broader corrective structure despite the recent bounce from…

U.S. spot Ethereum exchange-traded funds (ETFs) recorded a net outflow of approximately $11.9 million on Aug. 3, reversing two consecutive days of inflows, according to data from Farside Investors. The reversal was driven by notable withdrawals from several major funds, though one newly launched staking product attracted fresh capital. Daily Flow Breakdown Data compiled by Farside Investors shows that BlackRock’s Ethereum ETF (ETHA) led the outflows with a net redemption of $9 million. Grayscale’s ETHE followed with a $7.8 million outflow, while Bitwise’s ETHW saw $2.5 million leave the fund. Fidelity’s FETH also experienced a smaller outflow of $900,000. In…