Author: NBTC

An accomplice in a 2024 kidnapping case tied to Bitcoin has pleaded guilty, according to the U.S. Department of Justice. Saif Faiq, 24, admitted to his role in a plot to kidnap the parents of a wealthy cryptocurrency holder for ransom, a scheme that involved stealing a Lamborghini and assaulting the victim. He now faces a maximum sentence of 20 years in federal prison. Details of the Guilty Plea The DOJ announced on March 25 that Faiq entered a guilty plea to one count of conspiracy to commit kidnapping. Sentencing is scheduled for August 28. Faiq and his brother, Adam…

Archax has introduced real-time yield payments on Hedera, enabling interest generated by tokenized securities to be distributed continuously in USDC. The system allows interest payments to update automatically as tokenized securities move between wallets. According to Archax, cash flows are transferred alongside the underlying asset, allowing yield to follow ownership in real time. Most tokenized securities continue to distribute interest through periodic payments, similar to traditional financial products. Archax said its system allows cash flows to accrue and settle continuously, supporting applications such as real-time coupon payments and revenue-sharing arrangements. The launch builds on Archax’s earlier work on tokenized investment…

According to a recent on-chain study, the Bitcoin market has entered another crucial phase, driven by a growing divergence between retail and whale activity. Whale Positioning Diverges Sharply From Retail Optimism In an X post on May 16, crypto analyst Joao Wedson highlights a clear schism between Bitcoin retail and whale activity. This post’s assertion is based on readings obtained from the Bitcoin: Whale Vs Retail Delta metric. For context, the metric monitors the difference in trading behavior between large Bitcoin holders (whales) and retail traders. By extension, it helps in identifying whether smart money is becoming more bullish or…

The most recent criticism of Ethereum by Michael Saylor is not particularly novel. He contends that the network’s growing competition from Solana, BNB Chain, Sui, Hyperliquid, and numerous Layer-2 networks is the reason why trust in Ethereum has declined. He believes that utility, not story, will ultimately determine whether these ecosystems thrive or fail. It is difficult to disagree with that point. $ETH/USDT Chart by TradingView Given Ethereum’s current state, it is clear why detractors are becoming more vocal. During the recent market downturn, $ETH has been among the weakest major assets. Trading well below the 50-, 100-, and 200-day…

The CFTC’s latest Commitments of Traders report, covering the week ended May 5th, paints a picture of traditional finance positioning that crypto investors should pay attention to, even if digital assets didn’t make the guest list. Equity fund managers grew more bullish on the S&P 500, speculators dialed back their bets against Treasuries, and currency markets looked like a coin flip. What the positioning data actually shows The COT report is the CFTC’s weekly snapshot of how different categories of traders, managed money, commercial hedgers, and speculators, are positioned across futures and options markets. This week’s data revealed equity fund…

A South Korean man in his 30s has been formally indicted on charges of laundering approximately 747.6 billion won ($554 million) in criminal proceeds through the payment infrastructure of Cambodia’s Huione Group. The indictment, announced by the Incheon District Prosecutors’ Office, marks one of the largest individual money laundering cases linked to a single payment platform in the region. The Alleged Scheme According to prosecutors, the suspect is accused of selling criminally-sourced cryptocurrency on a domestic South Korean exchange and converting the proceeds into Korean won. The operation reportedly ran from March 2022 to August 2025. For his role in…

South Korean technology giant LG Electronics has announced the development of a new platform aimed at moving its advertising placement and sales processes onto the blockchain. According to Fortune’s exclusive report, the company, known for its televisions, laptops, and various consumer electronics products, is working on a new initiative in advertising technologies through its own blockchain research lab. Developed by LG Electronics, the platform will offer a shared ad inventory database for advertisers and publishers, while also recording how users interact with ads on the blockchain. The company previously piloted the project with an unnamed Japanese advertising agency. Related News…

Robert Kiyosaki renewed his bitcoin bull case, tying $BTC ownership to inflation protection, hard assets, and long-term wealth planning. The Rich Dad Poor Dad author cited oil prices, national debt, and currency weakness while urging investors to consider real assets. Key Takeaways: Kiyosaki linked bitcoin ownership to inflation protection, debt concerns, and weakening fiat currencies. His outlook includes $BTC at $250,000, alongside higher gold and silver targets. Entrepreneurs may need advisers, discipline, and hard assets as currency pressure builds. Kiyosaki’s Bitcoin Bull Case Extends Beyond Market Forecasts Robert Kiyosaki combined entrepreneurship and bitcoin investing in two messages on X last…

Three previously unidentified whale addresses have collectively withdrawn approximately $122.29 million worth of Ethereum from the crypto exchanges FalconX and Kraken, according to on-chain intelligence platform Arkham. The transactions, recorded on the Ethereum blockchain, have drawn attention due to the size of the movements and the anonymity of the parties involved. New Addresses and a Familiar Whale Arkham flagged the activity on its official X account, noting that two of the three addresses are brand new, with this withdrawal marking their first recorded transaction. The third address, however, has a history of Ethereum purchases. Arkham reported that this particular whale…

Crypto fundraising was back in focus in April, with several well-known names and emerging infrastructure projects pulling in sizable rounds across payments, trading, stablecoins, compliance, and onchain tools. In a post shared by CryptoDep, the account highlighted the “Biggest Crypto Fundraising Events in April,” pointing to a month that saw capital continue to flow into companies building the next layer of crypto and fintech infrastructure. Among the most notable raises was Payward, the parent company of Kraken, which reportedly secured $200 million. That alone made it the biggest round in CryptoDep’s roundup, underlining how investor appetite continues to remain strong…