Author: NBTC

Coinbase Chief Legal Officer Paul Grewal has publicly commended a legal brief filed by former U.S. Acting Deputy Attorney General Elizabeth Prelogar in support of Kalshi, a regulated prediction market platform. Grewal described the amicus brief as a ‘masterpiece,’ emphasizing its detailed historical analysis of how the Commodity Futures Trading Commission (CFTC) obtained exclusive regulatory authority over prediction markets in the United States. Background of the Amicus Brief Prelogar, who served as Acting Deputy Attorney General during the Biden administration, submitted the brief in a legal proceeding involving Kalshi. The brief argues that state-level laws are ill-suited to regulate prediction…

A Shift in Web3 Privacy Infrastructure Blockchain privacy firm Fhenix announced July 2 the acquisition of Sunscreen, an early-stage developer of fully homomorphic encryption (FHE), technology for Web3 applications. As part of the transaction, Sunscreen founder Ravital Solomon will join Fhenix to lead the company’s cryptographic research operations. The acquisition combines the two firms’ respective focus areas in advanced cryptography, including TFHE and BFV encryption schemes, encrypted computation, and post-quantum security. The consolidation comes amid a broader push within the cryptocurrency industry to establish encrypted computation as standard infrastructure. As institutional capital, tokenized real-world assets, stablecoins and artificial intelligence systems…

Some rule changes barely make a sound… until your money is already inside the system. The Nasdaq-100, the index that tracks the 100 largest non-financial companies listed on Nasdaq, created a fast-track path for massive newly public companies to enter the index if they rank among the 40 largest by market capitalization: evaluation on the seventh trading day and possible inclusion after just 15 days. This is not a technical detail. It is a highway for passive money to rush in before the market has fully discovered the company’s real price. They did not call it “permission to buy loss-making…

Aster, a decentralized exchange on BNB Chain, completed the first token burn under its upgraded tokenomics, the team said in a post on X. The protocol said 99% of daily fees generated since June 17 have been used to buy back about 2,9 million $ASTER for the stakers as of June 29, with a matching amount burned from the team allocation. The first burn under the upgraded tokenomics is executed and verifiable on-chain. Since 2026-06-17, 99% of daily fees have bought back 2,937,125.53 $ASTER for stakers (as of 2026-06-29 00:00 UTC). A matching 2,937,125.53 $ASTER has been burned from team…

India’s Parliamentary Standing Committee on Finance will meet officials from the Reserve Bank of India (RBI) on July 2 to discuss the country’s approach to cryptocurrency regulation. The meeting in New Delhi will focus on virtual digital assets (VDAs), possible regulatory changes, and crypto taxation as policymakers continue reviewing how digital assets should fit within India’s financial system. The discussions could help shape future policy, even as India maintains a cautious approach toward the sector. Bitinning founder Kashif Raza said India’s Parliamentary Finance Committee will meet the Reserve Bank of India (RBI) on July 2 to discuss cryptocurrency regulation. The…

Tokenized stocks just had their biggest volume day onchain this week. This record is dropping right after the weekly transfer volume milestone that was hit last week. The latest data from Blockworks shows that spot decentralized exchanges recorded more than $565 million in tokenized equity volume on June 24. This is a daily record for a corner of the market that barely existed just a year ago. When looking at the data, the metric that also stands out is that almost none of that volume was spread out across different networks. One chain took nearly all of it. Solana handled…

The fresh $8 million raise for predictive behavioral AI network THEA puts Solana at the center of a quiet but consequential race. Instead of forcing inference computation on-chain—an expensive and slow proposition—the project is building a coordination layer that settles accounts and routes requests while the heavy math stays off-chain. The approach addresses a friction that has kept machine learning outputs from being reliably used in DeFi and on-chain automation. The funding round, led by Maven11 Capital, Spartan Group, ManifoldTrading, HackVC and Fisher8 Capital, arrived as institutional interest in crypto-AI convergence keeps climbing. Solana has consistently ranked among the top…

Telcoin, a blockchain-based financial services company, has launched on-chain bank accounts for users in the United States through its Telcoin Wallet application. The update makes Telcoin Digital Asset Bank the first retail digital asset bank to directly connect traditional bank accounts with bank-issued eUSD stablecoins on blockchain infrastructure. The new accounts allow users to hold US dollars, make payments, and access digital asset services from a single regulated account. Telcoin Digital Asset Bank was established after the company received a Digital Asset Depository Institution (DADI) charter in Nebraska in late 2025. The charter allows the bank to issue eUSD and…

$ANSEM is not one coin. It is a cluster of competing Solanamemecoins built around the online identity of crypto influencer Ansem, whose real name is reported as Zion Thomas and who posts as @blknoiz06. Ansem did not create most of these tokens, and he has publicly disavowed several of them. One version, nicknamed “The Black Bull,” still ran from a market cap in the tens of thousands of dollars to tens of millions within roughly 10 to 12 days in mid-to-late June 2026. Who Is Ansem? Zion Thomas, known as Ansem or “The Solana Guy,” has close to a million…

Banks across the US, the UK, and Europe finally have a legal path to issue stablecoins, custody Bitcoin, and settle tokenized funds, yet the capital rulebook that governs it all still treats a Bitcoin position as something close to a guaranteed loss. Under the Basel Committee’s cryptoasset standard, which has been live in member jurisdictions since January 1, 2026, unbacked crypto is in the most punitive bucket in the whole framework, carrying a 1,250% risk weight. Once you push that through Basel’s 8% minimum, you end up with a bank holding capital equal to its full exposure, a dollar of…