Author: NBTC

Swan Bitcoin has dismissed its lawsuit against Proton Management and several former employees, marking a major development in the long-running legal battle tied to a Bitcoin mining venture involving Tether. According to a statement released by Proton on June 1, a federal judge dismissed Swan’s California lawsuit against all defendants after Swan allegedly conceded in related UK litigation that it did not own the trade secrets and proprietary assets central to its original claims. “The Court has now dismissed Swan’s entire case against all defendants,” Proton said in the release. The dispute stems from the collapse of a Bitcoin mining…

Agentic payment activity on Coinbase’s Base network has surpassed 100 million transactions, signaling that machine-to-machine payments are moving beyond the proof-of-concept stage in onchain environments. According to a new Chainalysis report, wallets interacting with Coinbase’s x402 protocol generated more than 100 million transactions on Base within roughly nine months of launch. The x402 protocol allows software agents to make onchain payments directly through web requests. When an agent requests access to a resource, such as a data feed or API, it can automatically complete a stablecoin payment without human authorization. Much of x402’s early growth was driven by a memecoin…

While major cryptocurrencies like Bitcoin ($BTC) and Ethereum (ETH) are trending downwards, some altcoins are attracting attention with their upward movements. These altcoins include privacy and quantum-resistant altcoins such as $ZEC, QRL, and STRK. As the downward trend continues in the cryptocurrency markets, Qiao Wang, co-founder of Alliance, shared his noteworthy analysis. Qiao Wang, the founder of AllianceDAO, who shared a post from account X, argued that the value of Zcash ($ZEC) could reach up to 20% of the $BTC market capitalization. Qiao Wang set a conservative target in his baseline scenario, suggesting that Zcash’s market capitalization would be between…

In a groundbreaking move to make crypto yield offerings more secure, affordable, and accessible to global users, Xpower Finance, an AI-driven mutual yield DeFi protocol, today entered into a strategic partnership with Chain4Energy (C4E), a DePIN layer-1 blockchain platform. Based on the announcement disclosed on X social media, the collaboration enabled Xpower Finance to join its DeFi network with Chain4Energy’s DePIN L1 blockchain infrastructure, aiming to allow its crypto yield applications to achieve greater innovation for digital asset users worldwide. Xpower Finance is a decentralized mutual yield DeFi platform built to enable digital asset holders to earn returns by allocating…

Consensys, the Ethereum development firm led by Joe Lubin, has pushed back its potential U.S. public offering until fall at the earliest due to poor market conditions, according to two people familiar with the situation. The MetaMask wallet builder had reportedly engaged bankers from JPMorgan and Goldman Sachs last year to lead the process. Consensys had been aiming to file a draft S-1 registration statement with the Securities and Exchange Commission (SEC) around the end of February this year, according to a third person. A confidential filing is typically the first formal step in the IPO process. Crypto markets turned…

Cardano has reached a significant milestone as the van Rossem hard fork takes a step closer to mainnet launch. According to Intersect, a member-based organization in the Cardano ecosystem, the van Rossem hard fork has been submitted to the preview test network. ATTENTION 📣 The van Rossem Hard Fork GA has been submitted to the Preview test network today.https://t.co/a49iLgG3e3 Cardano Node version 11.0.1 Pre-Release is also now available. This version is an essential requirement to safely cross the hard fork. SPOs, DApps and… pic.twitter.com/UotUWDtuet — Intersect (@IntersectMBO) May 5, 2026 Cardano Node version 11.0.1 Pre-Release, an essential requirement to safely…

Bithumb founder and former chairman of Bithumb Holdings, Lee Jung-hoon, has secured a legal victory after winning an appeal in a lawsuit seeking 12 billion won ($8.7 million) in damages tied to the failed 2018 listing of the BXA coin. The ruling, reported by Chosun Biz, overturns a lower court decision and marks a significant moment in one of South Korea’s most closely watched cryptocurrency exchange disputes. Background of the BXA Listing Dispute The lawsuit originated from a complex deal involving the sale of a stake in Bithumb, one of South Korea’s largest cryptocurrency exchanges. Investors alleged that Lee and…

DNA Protocol and $XRP Ledger: The Rise of Sovereign Identity Powered by Zero-Knowledge Proofs DNA Protocol, a platform built around decentralized identity, is advancing a model of sovereign identity anchored on the $XRP Ledger (XRPL), using zero-knowledge proofs to verify personal and genomic attributes without exposing the underlying data. For decades, identity has been defined and managed through centralized systems. Governments issue documentation, corporations store personal records, and digital platforms monetize behavioral data. As a result, this structure has concentrated control of identity information in a handful of institutional databases, creating both privacy risks and dependency on intermediaries. DNA Protocol…

Bitcoin price stabilized near the $78,000 level on Thursday as easing geopolitical tensions, slowing ETF outflows, and improving technical indicators helped bulls defend a critical support zone. According to data from crypto.news, Bitcoin ($BTC) traded at $77,960 at press time after touching an intraday high of $78,180. The recovery came as broader risk sentiment improved following comments from U.S. President Donald Trump suggesting negotiations with Iran could soon reach their final stage. Markets reacted sharply to the development because a successful agreement could eventually restore smoother commercial shipping activity through the Strait of Hormuz, where disruptions since March have fueled…

Sam Altman now faces investigations from both Congress and multiple state attorneys general over his personal investment portfolio, a probe that lands as his company prepares for a public offering. The investigation, initiated on May 11, centers on potential conflicts of interest between Altman’s role leading OpenAI and his financial stakes in companies like Helion Energy and Stoke Space. Altman has been ordered to testify by May 22. The conflict of interest question OpenAI allegedly invested $375 million in Helion Energy, a fusion energy company where Altman also holds a personal stake. The core concern is that when the CEO…