Author: NBTC

BitMEX built the blueprint that every crypto derivatives exchange copied — and then watched competitors use it to bury them. The story of BitMEX’s crypto derivatives innovation is one of the most instructive in the industry’s short history: a platform that genuinely reshaped how digital assets are traded, only to lose its footing to regulatory pressure, product inertia, and rivals who learned faster than it could adapt. Key takeaways BitMEX pioneered the crypto perpetual swap, a contract structure with no expiration date that became the single most replicated product in the derivatives industry. At its peak in 2018–2019, BitMEX commanded…

Nasdaq-listed Bitcoin miner Bitdeer (BTDR) announced on its official X account that it mined 271.3 $BTC during the current week and has sold the entire amount. The company has maintained a zero-$BTC treasury strategy since February, converting all newly mined Bitcoin into cash immediately. Zero-$BTC Treasury Strategy in Focus Bitdeer reduced its Bitcoin holdings to zero as of February 20 and has since adopted a policy of selling all mined $BTC without delay. This approach stands in contrast to many other publicly traded miners, such as Marathon Digital and Riot Platforms, which have historically retained a portion of their mined…

Crypto’s next push into traditional finance may not come from another stablecoin or tokenized stock. According to Grayscale, onchain vaults could be the industry’s next major breakthrough, bringing blockchain-based asset management closer to the mainstream financial system. The firm’s latest research argues that while stablecoins, tokenized assets, and perpetual futures have already started crossing into traditional markets, onchain vaults may be next in line as institutional credit markets mature. Vaults Mirror Traditional CLO Structure Grayscale compares onchain vaults to collateralized loan obligations (CLOs), one of the largest credit products in traditional finance. Like CLOs, vaults pool investor capital into professionally…

Canadian Bitcoin developer Peter Todd sparked fresh debate over the identity of Bitcoin creator Satoshi Nakamoto. He posted on X that he had been discussing programming with adults since the age of 12 and was already communicating with cryptographers Adam Back and Hal Finney at 15 while attempting to create Bitcoin. Todd made the remarks while criticizing the United Kingdom’s proposed restrictions on social media use for children under 16. Prime Minister Keir Starmer’s government plans to introduce rules inspired by Australia’s legislation, with measures that could limit access to platforms such as X, TikTok, Instagram, YouTube, and Snapchat. His…

JPMorgan Chase CEO Jamie Dimon told analysts in April that the roughly $1.8 trillion private credit market doesn’t pose a systemic risk. “You have to have very large losses in private credit before, at least it looks like, banks are going to get hit,” he said. He made that comment the same week executives at Citigroup, Bank of America, and Wells Fargo used nearly identical language to describe their own exposures as “comfortable.” But a Reuters analysis of 53 publicly traded business development companies found that 28 had swung into the red during the first quarter of 2026. Average profit…

TapTools, a Cardano-focused real-time analytics platform, has begun winding down after its fifth top-level executive departure, compounding leadership instability and making continued operations unsustainable. TapTools said in a post to X on Tuesday that it would begin winding down over the next two weeks, and noted the departure of its two co-founders, chief operating officer and chief technology officer earlier this year. “We worked hard to adapt,” TapTools said, adding that its backend developer had become its CTO as the platform shifted its focus toward shipping products more sustainably; however, they have since departed, and “the technical knowledge required to…

Senate Minority Leader Chuck Schumer introduced legislation to create a new US government agency focused entirely on addressing corruption at the federal level, noting President Donald Trump’s gains from “various, and extremely lucrative, cryptocurrency ventures.” In a Thursday notice, Schumer said that he had introduced a bill called the Anti-Corruption Bureau Creation Act, which, if passed, would have the authority to “investigate, enforce, and prevent executive branch corruption.” The text of the bill addressed Congress’ findings that Trump had disclosed earning more than $2 billion from investments in 2025, including $1.4 billion tied to crypto, and his family had more…

Introduction If you’ve been searching for “Coinbase Pro” recently, here’s the short version: it doesn’t exist anymore. Coinbase officially sunset Coinbase Pro on November 20, 2023, folding its advanced trading features into the main Coinbase platform under a new name — Coinbase Advanced Trade. If you had a Coinbase Pro account, your funds and trading history didn’t disappear; they moved. This guide explains exactly what happened, what changed, and how to pick up where Coinbase Pro left off. What Happened to Coinbase Pro? Coinbase Pro (originally launched as GDAX) was the exchange’s separate platform for more experienced traders — deeper…

Bitcoin mining difficulty has dropped 19.9% from its peak in the third deepest ASIC era decline on record, as miners sell bitcoin at record rates and redirect power capacity toward artificial intelligence data centers. Bitcoin mining difficulty has dropped 19.9% from its all time peak. That single number captures a transformation that has been building for months but accelerated through the first half of 2026: the economics of mining bitcoin have deteriorated to the point where a meaningful share of the global fleet has shut down, and the operators that remain are increasingly looking beyond bitcoin for revenue. The decline,…

Bitchat, Jack Dorsey’s censorship-resistant, Bluetooth-enabled messaging app, has gone viral again, this time due to the Indian Government trying to get it banned from GitHub. In this latest round of authoritarian measures versus decentralized technologies, Bitchat has won. In July 2025, Jack Dorsey announced a new messaging application he described as a weekend project. The app, called Bitchat, was designed to work without internet access, phone numbers, user accounts, or central servers. It relied instead on Bluetooth mesh networks for local communication and the Nostr protocol for wider reach. A year later, that same application became the subject of a…