Author: NBTC
“I am happy to bet $1 billion USD,” Binance founder Changpeng Zhao (CZ) told OKX founder Star Xu, “that: I am officially divorced.” That escalated quickly. With one of the largest peer-to-peer bets ever publicly offered, the Binance-OKX feud went nuclear this week. As if the bet wasn’t interesting enough on its face, according to Xu’s responses, gambling isn’t legal for United Arab Emirates residents, yet polygamy is. For context, CZ worked at Xu’s crypto exchange, OKCoin, but left under contested circumstances before creating Binance. The two exchanges have been fierce competitors ever since, with periodic public spats over listings…
Pyth Network Unveils Revolutionary Data Marketplace with Backing from Fidelity and Major Financial Titans
In a significant development for institutional blockchain adoption, the Pyth Network has officially launched its Pyth Data Marketplace, a platform fundamentally designed to bridge traditional finance with decentralized ecosystems. This launch, announced globally, is notably backed by six heavyweight financial institutions: Fidelity Investments, Euronext, Tradeweb, the FX data division under SGX, OTC Markets Group, and Exchange Data International. Consequently, this move signals a growing institutional trust in blockchain-based data solutions and aims to solve long-standing issues of data accessibility and reliability in digital asset markets. Pyth Network Data Marketplace Core Functionality The Pyth Data Marketplace serves as a specialized conduit…
Ethereum exchange reserves have fallen to a record low, even as the token trades near $2,15 and still struggles to break out. CryptoQuant data shows reserves are down about 77% from their 2021 peak, while CoinGlass data points to a surge in futures activity, with volume topping close to $50 billion in 24 hours. Exchange Balances Keep Sliding The long slide in exchange balances has been building for years. According to CryptoQuant analyst Rich_dady, the decline has accelerated since late 2025, and the gap between price and reserve levels suggests that coins are still leaving exchanges at a fast pace.…
Vanity Fair just published an embarrassing profile of crypto’s self-described “true believers,” complete with a photoshoot at a $300 million Lower East Side hotel. Its headline read “Crypto’s True Believers Demand to Be Taken Seriously.” The internet, however, did the exact opposite. The feature profiles Mike Novogratz of Galaxy Digital, OpenSea co-founder Devin Finzer, BitMEX co-founder Arthur Hayes (off-camera), ARK Invest’s Cathie Wood, Polychain Capital’s Olaf Carlson-Wee, and others. Some brought personal hair and makeup teams. Danny Ryan bragged about pants with a hole in the crotch. Novogratz made sure to tell the story of a 4am nightclub hangover. Meltem…
A cryptocurrency venture tied to U.S. President Donald Trump is facing fresh scrutiny after partnering with a firm whose “flagship project” had recently involved individuals later sanctioned by the U.S. and U.K. , a crypto business co-founded by Trump and partly owned by his family, said it carried out due diligence before integrating its USD1 stablecoin with the Southeast Asia-based blockchain project AB DAO. However, a Times investigation released on Monday found the company was unaware that AB DAO had, until weeks earlier, promoted a resort project linked to figures associated with Cambodia’s Prince Group, an organization U.S. authorities have…
In brief Exodus launches Exodus Pay, a feature that lets users spend crypto directly from its wallet app. The rollout is limited to five U.S. states, including New York and California. The company says the feature aims to reduce reliance on third-party payment platforms. Exodus, the publicly traded crypto wallet provider, began rolling out a new “Exodus Pay” feature on Wednesday, aiming to turn its self-custodial storage app into a tool for everyday payments. The launch is currently limited to users in five states, including New York and California. The Omaha-based firm listed its stock on the New York Stock…
At TezDev 2026, Arthur Breitman reiterated his longstanding belief that crypto’s next frontier is tokenized commodities, unveiling uranium and metals tokens as the start of a broader ‘periodic‑table roadmap’. What if the future of on-chain science were built directly on the periodic table, with each element not just a chemical symbol but a programmable asset, a collateral primitive, and a market in its own right? If every element is a programmable asset, then the periodic table stops being a chart in a lab and becomes the primitive layer for on‑chain markets, governance, and even scientific experimentation. The open question is…
Ethereum price extended gains above $2,250 before it faced sellers. $ETH is now correcting gains and might find bids near the $2,165 zone. Ethereum started a decent upward move above the $2,220 zone. The price is trading above $2,200 and the 100-hourly Simple Moving Average. There was a break above a contracting triangle with resistance at $2,150 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,150 resistance. Ethereum Price Aims For More Gains Ethereum price remained stable above $2,120 and started a decent upward move, like…
Jensen Huang, CEO of Nvidia (NASDAQ: NVDA), plans to deploy 50% of the company’s free cash flow toward stock buybacks or dividends in 2026. The announcement was made during Nvidia’s GTC keynote, where Huang outlined the roadmap for $1 trillion worth of orders for the next-generation Blackwell and Rubin platforms through 2027. Speaking at the event, Huang also revealed that Nvidia is “in the process of restarting” manufacturing tied to the new orders, marking a notable shift from just weeks ago when visibility into Chinese demand remained uncertain. “We plan to buy back and dividend out 50% of our free…
The U.S. Federal Deposit Insurance Corp. formally proposed its approach to stablecoin issuers as one of the federal financial regulators required to write and oversee rules under last year’s Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The FDIC’s proposal —meant to align closely with what its sister banking agency, the Office of the Comptroller of the Currency, proposed in February — will be open for a 60-day public comment period on the lengthy list of 144 questions posed Tuesday by the agency. The FDIC’s job is to police U.S. depository institutions, and under the GENIUS Act, its…