Author: NBTC

Bithumb, one of South Korea’s largest cryptocurrency exchanges, has announced a temporary suspension of deposit and withdrawal services for LumiWave (LWA) tokens. The scheduled halt will begin at 2:00 a.m. UTC on June 15, 2025, to facilitate the token’s official rebranding process. Why the Suspension Matters Token rebranding often involves technical updates to a project’s smart contract, token ticker, or underlying blockchain infrastructure. During this period, exchanges typically pause trading and wallet services to prevent transaction errors or loss of funds. For LumiWave holders, this means that for a defined window, they will be unable to move or trade their…

The supply of Bitcoin ($BTC) on all cryptocurrency exchanges has declined to an 8-year low, amid notable demand from conviction investors. As of May 15, Bitcoin’s supply on all crypto exchanges hovered around 5.623% of the asset’s total supply, according to analytics from Santiment, analyzed by Finbold. Consequently, approximately 1,180,830 $BTC, valued at about $95.2 billion at press time, sits on exchanges. Bitcoin supply change on all exchanges. Source: Santiment The notable decline in $BTC supply on all crypto exchanges can be attributed to significant demand from conviction buyers. Furthermore, this group of investors has added $BTC worth $243 billion…

CoreWeave will present Q1 results after the markets close on Thursday. The company expects 100% revenue growth, but increasing net losses due to aggressive capital expenditures. CoreWeave prepares to report with a positive outlook, and its Q1 results may serve as a signal for the AI narrative. CRWV stocks are expected to trade with increased volatility, reflecting past performance during earnings season. The expectation is for a $1.97B to $2B in quarterly revenues, coinciding with the previous guidance and down from a projected $2.29B. Revenues are still up by around 100% year-on-year. CoreWeave prepares to gauge the effect of capex…

Two days later, Litecoin developers published a final report on two critical incidents related to the MWEB privacy protocol that made the April zero-day attack possible. This is a story of how the same flaw first led to the hidden creation of 85,000 “fake” $LTC and then, a month later, triggered failures in other blockchain networks. It all started when a hacker discovered a bug in MWEB (MimbleWimble Extension Block) data validation. This allowed them to execute a “peg-out” operation, withdrawing from the confidential block into the main network, turning a small amount into a massive 85,034 $LTC, effectively created…

Christopher Harborne, a British-Thai billionaire whose fortune traces back to early cryptocurrency investments and a 12% stake in Tether Limited, has handed Reform UK another £3 million. The donation, made in March 2026, follows the £9 million he gave the party in August 2025, which was itself the largest single donation by a living individual to a UK political party. To put that in perspective: Harborne has now given Reform UK roughly £12 million in the span of about seven months. His cumulative contributions to the party and its predecessor exceed £22 million, which constitutes approximately two-thirds of the party’s…

Bitget Wallet said its tokenized SpaceX IPO subscription sold out within 30 minutes after attracting demand that exceeded the initial allocation by four times. The offering, powered by xStocks, received $13 million in commitments on the Solana blockchain,. making it one of the few tokenized IPO products accessible directly from self-custodial wallets, without requiring users to hold assets on a centralized exchange. The result highlights growing interest in onchain access to private and public market investments. Initial Allocation Filled in Minutes According to Bitget Wallet, the subscription opened on June 9 with an initial allocation of $3 million. The allocation…

The European Union is preparing to require companies to source components from at least three different non-Chinese suppliers, part of a sweeping effort to untangle the bloc’s deep dependence on Chinese manufacturers across critical industries. Starting June 30, 2025, Chinese medical device manufacturers will be excluded from EU public tenders valued at more than 5 million euros, under Regulation 2025/1197. For contracts where Chinese firms can still participate, their share will be capped at 50% by value. These procurement rules are expected to apply to all EU contracting authorities, though there may be exceptions carved out for smaller local authorities…

Cleveland Fed President Beth Hammack, among other Fed officials, gave cautious messages regarding expectations of interest rate cuts. Hammack stated that the Fed’s current policy stance remains the baseline scenario for the long term, and that the statements in the latest meeting minutes, interpreted by markets as suggesting “the next step could be an interest rate cut,” do not align with his economic outlook. In a statement today, Hammack said that although the Fed’s policy statement indicated that interest rates would remain unchanged, the signal given to the market pointed to a possible rate cut. Arguing that this could be…

Sports-focused blockchain Chiliz is expanding its roster of over 70 fan tokens to Solana and Base, the Ethereum layer-2 network developed by Coinbase (COIN). Chiliz rolled out its own layer-1 network in 2023 to host the trading of its tokens, but is transitioning to what it calls “omnichain distribution,” according to an announcement on X on Tuesday. “By using an Omnichain Fungible Token (OFT) standard, fan tokens will exist on each supported chain with a unified supply, eliminating the need for wrapped tokens or fragmented liquidity pools,” Chiliz said. Fan tokens are digital assets that represent membership of a community…

Federal Reserve Vice Chair for Supervision Michelle W. Bowman appeared before the House Financial Services Committee on June 4, telling lawmakers that banks need clearer rules for engaging with digital assets. The $GENIUS Act and stablecoin clarity At the center of Bowman’s testimony sits the $GENIUS Act, enacted in July 2025, which established a federal regulatory framework specifically for payment stablecoins. The law created a set of ground rules for stablecoin issuers, covering things like capital requirements, liquidity standards, and oversight responsibilities. Bowman indicated the Fed is now working alongside the FDIC and the Treasury Department to develop specific guidelines…