Author: NBTC

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…

The Ripple executives with the largest $XRP holdings could see their combined wealth cross $4.2 trillion if $XRP ever hypothetically claimed a $1,000 price. While $XRP currently changes hands at $1.41, up 1% in the last week, the most optimistic community figures have maintained long-term targets like $1,000. A recent assessment of how much this would impact the largest individual holders shows the scale of the projection. Key Points $XRP continues to trade below $2 amid the market-wide downturn, changing hands for $1.41. EasyA co-founders Phil and Dom Kwok argue that $XRP could reach $1,000 in the next five years.…

Coinbase has intensified its push for U.S. crypto market rules as Senate lawmakers prepare for a decisive vote on the CLARITY Act this month. Shirzad said on Fox Business’ Mornings with Maria that the Digital Asset Market Clarity Act could become the most important financial regulation bill since Dodd-Frank. The Coinbase chief policy officer argued that the bill would finally give digital asset firms clear rules in the United States. The legislation cleared the Senate Banking Committee on May 14 in a 15-9 vote. Democratic Senators Ruben Gallego of Arizona and Angela Alsobrooks of Maryland joined Republicans in supporting the…

Blockchain analytics platform Chainalysis has reported that wallets interacting with Coinbase’s x402 protocol have generated more than 100 million transactions on Base since the payment standard launched, offering one of the clearest signs yet that machine-to-machine payments are beginning to gain traction on public blockchains. Built to let software agents pay for online resources automatically, x402 allows a stablecoin payment to be completed as part of a web request. Under the model, an AI agent seeking access to an API, data feed, or digital service can settle the payment directly without requiring a user to manually approve each transaction. A…

Gulf International Bank has increased its investment in Strategy as institutional interest in Bitcoin-linked stocks continues to grow. A recent filing from the bank’s UK unit showed it raised its Strategy holdings by 53% to 20,207 shares worth about $3.76 million. The disclosure, highlighted by BitcoinTreasuries.NET on May 13, comes as more financial institutions seek exposure to Bitcoin through publicly traded companies. Strategy, led by Michael Saylor, has become closely tied to Bitcoin after building one of the largest corporate Bitcoin reserves. As a result, many investors now treat the company’s stock as an indirect way to gain exposure to…