Author: NBTC

The Bank for International Settlements (BIS) published a Financial Stability Institute report in April 2026, warning that the largest crypto platforms now operate as financial intermediaries without the capital buffers, deposit insurance or central bank access that apply to traditional banks. Key Takeaways: The BIS Financial Stability Institute warned in April 2026 that major crypto platforms like Binance and Coinbase now operate more like banks than trading venues. Celsius Network collapsed in 2022 after a USD 1.4 billion depositor run exposed maturity mismatches with no deposit insurance backstop. Only 11 of 28 jurisdictions reviewed by the FSB in 2025 had…

Decentralized finance protocols have banded together in an attempt to restore the backing of rsETH following the $293 million exploit of the Kelp restaking platform on Saturday, which has triggered a liquidity shock. The amount pledged has now exceeded 43,500 Ether, worth over $101 million, which decentralized lending platform Aave has called the “DeFi United” relief effort. Crypto protocols involved include Lido DAO and the Golem Foundation, with the largest pledges coming from the EtherFi Foundation and Mantle at the time of writing. “We believe ecosystem collaboration matters most in moments like this, and our priority is achieving the strongest…

Ethereum price started a recovery wave from the $2,250 zone. $ETH is now consolidating and might fail to extend gains above the $2,360 resistance. Ethereum started a recovery wave from the $2,250 zone. The price is trading below $2,340 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,300 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,360 zone. Ethereum Price Faces Resistance Ethereum price tested the $2,250 support zone before the bulls appeared, like Bitcoin. $ETH…

Prediction markets have a consistent line: their products are financial instruments, not bets. Wisconsin isn’t buying it, and in a new complaint targeting Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com, the state is citing the companies’ own marketing to call them unlicensed gambling venues. “Thinly disguising unlawful conduct doesn’t make it lawful,” Attorney General Josh Kaul said in a press release announcing the complaints on Thursday. The question underneath the lawsuits is straightforward: are these contracts financial instruments under the Commodity Futures Trading Commission (CFTC), or bets under state gambling law? The answer determines whether a fast-growing market operates under a…

A wallet address linked to Antalpha, a known partner of Tether, has deposited 1,950 XAUT tokens worth $9.18 million into the Singapore-based custody firm Cobo. On-chain analytics platform Onchain Lens first reported the transaction. The funds then moved to Binance, where market observers believe they are being sold through over-the-counter (OTC) trades. This address still holds $217 million in XAUT, making it one of the largest single-entity holders of the gold-backed token. Antalpha XAUT Deposit Sparks Market Interest This large XAUT deposit from an Antalpha-linked address has drawn attention from crypto analysts and gold token investors. The transfer to Cobo,…

Google has introduced a major upgrade to its AI Studio platform, rolling out a new coding experience powered by its Antigravity agent aimed at turning simple prompts into fully functional, production-ready applications. The update expands AI Studio from a prototyping environment into a more complete development stack. Developers can now build applications with backend infrastructure, user authentication, and persistent storage directly inside the platform, removing the need to rely on external tools. A key component of the upgrade is the Antigravity coding agent, which is designed to understand entire project structures and execute multi-step code changes with minimal input. The…

The Mantle ($MNT) community has ignited a pivotal governance debate. It proposes a strategic loan of up to 30,000 $ETH to support the crypto lending protocol Aave (AAVE). This bold move follows similar relief efforts from Lido ($LDO) and Ether.fi ($ETHFI). It marks a critical moment for decentralized finance (DeFi) resilience. Mantle’s 30K $ETH Loan Proposal: A Strategic Rescue On March 15, 2025, the Mantle DAO put forward a governance proposal. It offers a strategic loan of 30,000 $ETH to Aave. Unlike unconditional grants, this loan comes with specific terms. Mantle clarified that it is a strategic investment, not a…

The cryptocurrency market encountered a sell-off on Monday but has quickly bounced back, with most major coins now in the green. Ethereum, the second-largest cryptocurrency by market cap, is trading above $2,300 once again after dropping below $2,250 on Monday. Ethereum could continue its upward movement in the near term, supported by institutional and retail demand. Institutions and retail traders resume $ETH acquisition $ETH is up by 1% in the last 24 hours and is now trading above $2,300 per coin. The positive performance comes as the broader cryptocurrency market recovers from Monday’s dip. Growing institutional and retail demand is…

A significant and anonymous cryptocurrency investor, known as a ‘whale,’ has executed a stunning $80.7 million Ethereum withdrawal from the Binance exchange, immediately depositing the colossal sum into the secure vaults of institutional custody firm BitGo. This massive transaction, tracked by the blockchain analytics platform Lookonchain, represents one of the largest single exchange outflows of 2025 and provides a powerful signal about sophisticated investor sentiment toward long-term Ethereum holding strategies. Consequently, market analysts are scrutinizing the move for its potential implications on market liquidity and price stability. Analyzing the $80.7 Million Ethereum Whale Withdrawal The transaction originated from the anonymous…

ETHGas launched $GWEI on Jan. 21, grew it to a $232 million circulating market cap by Apr. 21, and paired the token with live product rollout. Open Gas delivered working WETH rebates, with 6,358 users eligible for 2.4778 $ETH across five protocols, while expansion to $BNB Chain is underway. Multi-Relay Support and a $3 billion ether.fi agreement pushed validator adoption and institutional traction into focus this quarter. ETHGas spent its first 90 days trying to prove that Ethereum’s base layer can become faster and more usable without sending users elsewhere. What makes the opening quarter stand out is that the…