Author: NBTC

Former Ripple CTO David Schwartz has addressed criticism surrounding his past decisions to sell $XRP, arguing that selling is not morally inferior to holding. The recent community discussion revolves around his earlier actions and his more recent skepticism about extreme $XRP price predictions. Having doubted $XRP’s potential to reach $0.25 in its early days, Schwartz now questions the prospect of a $100 or $10,000 price. Key Points Schwartz sold most of his $XRP when it hit $0.10, having never believed it would reach $0.25. He argues that if wealthy investors believed $XRP had a 1% chance of hitting $10,000, buying…

Any whale activity in a risk-off market tends to trigger a strong market reaction. That impact becomes even more significant when a long-dormant wallet suddenly becomes active. Recently, a similar Ethereum move caught attention across the market. According to Lookonchain, a wallet inactive for three years sold 10,000 $ETH, receiving $17.72 million in $USDC at an average price of $1,772. Notably, this $USDC flow is worth watching. According to DeFiLlama data, nearly $3.5 billion has flowed out of the stablecoin market this week alone, contributing to a decline of over 1.07%. Meanwhile, $USDC’s market cap has also softened, with eight…

Anthropic just drew a line in the sand. The AI company issued a warning on May 12 declaring that any sale or transfer of its stock without explicit Board of Directors approval is void and will not be recognized by the company. The move comes as Anthropic’s valuation has ballooned in secondary markets, with estimates nearing $1 trillion. What Anthropic is actually saying The company’s position is blunt: if you bought Anthropic stock through a channel the Board didn’t approve, you don’t own Anthropic stock. You own a receipt from someone who took your money. Anthropic specifically called out several…

An unidentified $XRP whale has withdrawn millions worth of the token from South Korean exchange Upbit, coinciding with the recent price recovery. The recent transaction further reduced $XRP’s available supply on trading platforms. Meanwhile, the timing of this move and the anonymity of this address are raising eyebrows among the $XRP community. Key Points An $XRP whale withdrew 6.3 million $XRP from Upbit on Tuesday. Current data show that the wallet holds 119,800 $XRP tokens, worth $171,800, well below the amount it received from Upbit yesterday. This wallet has been active since receiving these 6.3 million tokens, broadly distributing them…

The EU crypto transaction tax under review by the European Commission could put a 0.1% levy on crypto trades across the bloc, a small charge on paper that may have outsized consequences for traders, exchanges, and the European Union’s budget plans. The proposal, outlined in an internal document circulated on May 30, is projected to raise between €3 billion and €4 billion a year. That makes this more than a niche tax story. Instead, it sits at the intersection of two major EU priorities: finding fresh revenue for the next long-term budget and tightening the framework around digital assets as…

Securitize is bringing Hamilton Lane’s tokenized Senior Credit Opportunities Fund (HLSCOPE) to the TRON blockchain, expanding distribution of the private credit product to one of the largest digital asset networks, according to a Tuesday statement. This is the first Securitize-issued asset to go live on TRON, which handles more stablecoin transfers than any other network. In a statement, Carlos Domingo, co-founder and CEO of Securitize, said the launch of HLSCOPE on TRON demonstrates how tokenized institutional assets can benefit from blockchain networks built for global scale. “Bringing HLSCOPE to TRON marks an important milestone not only because it is the…

The Solana-based tokens marketed as a way to gain exposure to Anthropic and OpenAI before they go public got an unwelcome reality check this week. The two companies said the transfer of privately held shares to the special purpose vehicles (SPVs) that back the tokens is invalid because any such move requires approval by the corporate board. The tokens slumped. Anthropic PreStocks (ANTHROPIC), issued by Solana-based platform PreStocks to represent Anthropic shares, dropped 34% in seven days, while OpenAI PreStocks fell 39%, CoinGecko data show. PreStocks uses SPVs, legal entities set up specifically to hold something on behalf of investors,…

Charles Hoskinson, founder and CEO of Input Output Global, has pushed back against claims that Cardano abandoned scalability in favor of governance. In a statement on X, he reaffirmed that scaling has always remained a core priority, arguing that Cardano’s research-driven approach is necessary to advance the initiative. Key Points Cardano founder Charles Hoskinson rejects claims that Cardano abandoned scalability for governance, emphasizing that scaling remains a core priority. He emphasized that scaling requires adequate research, not speed, adding that this effort began even before the Shelley era in 2020. He explained that the Voltaire governance system was introduced alongside…

ampersend, a management platform for autonomous agent payments and operations developed by Edge & Node, has rolled out real-time sanctions screening and counterparty risk controls for autonomous AI payments. Created in partnership with blockchain intelligence company TRM Labs, the solution enables agents to assess compliance risks and validate counterparties before any transaction is completed, according to a Tuesday announcement. The launch addresses a major challenge facing enterprise adoption of agentic commerce. While emerging protocols from OpenAI, Stripe, Google, and Shopify establish frameworks for how AI agents conduct transactions, they do not provide integrated mechanisms for screening counterparties or enforcing compliance…

In early 2020, Michael Saylor had $500 million sitting in cash earning nothing. The Federal Reserve had cut interest rates to zero and signaled they would stay there. For Saylor, it wasn’t just policy. It was a constraint. “We were making $25 million a year and then all of a sudden we’re making zero,” Saylor said in a recent interview. “And they’re saying you’re going to make zero forever.” Saylor spoke to Kevin Follonier on the podcast When Shift Happens in a wide-ranging conversation shared exclusively with Forbes ahead of the episode’s release. The quotes throughout this piece are drawn…