Author: NBTC

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…

Algorand undergoes major restructuring with leadership changes, layoffs, and a U.S. shift, signaling a rebuild phase aimed at improving ecosystem coordination. $ALGO trades near $0.086, down 97% from its peak, with weak sentiment but a falling wedge pattern hinting at a possible recovery toward $0.11–$0.49. SEC commodity status and improved transparency could boost DeFi activity, but market confidence depends on clearer direction and sustained growth signals. Algorand is moving through a crucial phase, with internal changes, strategy shifts, and weak market performance happening at the same time. While recent steps hint at a new direction, uncertainty still surrounds how things…

The Senate Banking Committee will meet on Thursday, May 14, to consider the Digital Asset Market Clarity Act of 2025, putting the crypto market structure bill back on the calendar after a January postponement. The notice follows months of talks over regulatory jurisdiction, consumer protections, developer protections and stablecoin rewards. CoinDesk reported last week that crypto firms had backed a stablecoin yield compromise meant to unlock the bill. Cody Carbone, CEO of The Digital Chamber, said the notice marks “a major step” toward clarity for more than 70 million Americans who use cryptocurrencies.. Blockchain Association CEO Summer Mersinger called the…

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Venezuela upholds a crypto mining ban as power demand spikes, Tether sues Titan Holding in Brazil for $300 million, and stablecoins dominate Peru’s crypto market. Key Takeaways: After May 7, demand hit 15,579 MW, Venezuela upheld a mining ban, and will next sanction illegal operators. Tether sued Titan Holding over a $300M defaulted loan and next seeks an asset freeze to recover funds. Binance notes stablecoins drive 90% of Peru’s $28B crypto market, aiming to cut remittance middlemen.…

American Bitcoin Corp (ABTC), a Nasdaq-listed mining firm co-founded by Eric Trump and backed by the Trump family, announced Monday that its Bitcoin reserve has reached 7,000 $BTC, a position worth roughly $475 million at current market prices. 7,000+ $BTC and still climbing. Since our Nasdaq debut: ~3x growth in Bitcoin Reserve>2x growth in Satoshis per ShareCurrently ranked #16 globally among publicly-traded Bitcoin companies This is just the beginning. @ABTC pic.twitter.com/HdrbZUjTcQ — American Bitcoin (@ABTC) March 30, 2026 As noted by the firm, the figure represents about three-fold growth in its Bitcoin holdings since listing on Nasdaq, with its satoshis-per-share…

The rsETH crisis resulted in $200 million in bad debt on Aave’s books, despite not a single line of its contracts misbehaving. On Apr. 18, attackers that Chainalysis preliminarily linked to Lazarus compromised RPC infrastructure, forced a failover to poisoned nodes via DDoS, and injected false data into a 1-of-1 DVN configuration on KelpDAO’s rsETH bridge. The forged message released approximately 116,500 rsETH, and Aave’s incident report confirmed that Ethereum accepted nonce 308 while the Unichain source endpoint never advanced past 307. The attacker supplied the compromised rsETH to Aave and borrowed against it, resulting in bad debt and serving…

Several so-called blue-chip non-fungible token ( $NFT) assets have gained ground in floor value over the last 30 days as some traders argue $NFT prices may have finally located a floor. Over the last month, or since April 10, Bored Ape Yacht Club (BAYC) NFTs have advanced from $14,300 to today’s floor value of $25,150. Key Takeaways: BAYC floor prices climbed 75.87% since April 10 as blue-chip $NFT demand returned. Cryptopunks reached $73,200 on May 10 despite $NFT volume falling 54.89% overall. Pudgy Penguins and MAYC gains hint $NFT traders may test higher floors in 2026. Blue-Chip NFTs Spike, Volume…