Author: NBTC

Russia’s government submitted a bill to its parliament’s lower house in an effort to amend the country’s legal code to attach criminal liability for crypto services offered without regulatory approval or licensing. In a draft law sent to the State Duma on Friday, Russian lawmakers proposed that entities “carrying out activities related to the organization of digital currency circulation,” that operate without a license from Russia’s central bank, could be subject to criminal liability. Without registration with the Bank of Russia, individuals could face up to $4,000 in fines and up to four years in prison, or more severe penalties…

Three wallets, one denial, and $5.7 billion in market cap gone in 48 hours. RaveDAO’s $RAVE crashed 90% over 24 hours as crypto exchanges Binance and Bitget opened investigations into the trading activity that catapulted the token to a $6 billion market cap last week. Bitget CEO Gracy Chen confirmed the probe on X, and Binance co-CEO Richard Teng subsequently said the exchange was reviewing the matter and would “always” do its part to examine signs of market misconduct. Gate.io was also named in the original allegations from onchain investigator ZachXBT, who has offered a $25,000 bounty for whistleblowers with…

As part of efforts to advance its decentralized network’s efficiency and attract more users to its upcoming token launch, Ozak AI, an agentic AI platform, today announced a strategic partnership with Nosana, a decentralized GPU marketplace. The collaboration announced today via the X platform disclosed that Ozak teamed up with Nosana to scale its AI models and its intelligence platform using Nosana’s decentralized GPU network. Ozak AI is an agentic AI platform that leverages predictive AI capabilities to offer financial intelligence and advanced data analytics solutions to users participating in the DeFi landscape. Its decentralized AI platform prepares to launch…

A roughly $292 million exploit over the weekend has rattled the crypto industry, exposing vulnerabilities in decentralized finance (DeFi) infrastructure and raising concerns about knock-on effects across lending protocols. While investigations are still ongoing, early analysis suggests the attack centered on Kelp’s rsETH token — a yield-bearing version of ether ($ETH) — and the mechanism used to move assets between blockchains. The attacker appears to have manipulated that system to create large amounts of tokens without proper backing, then quickly used them as collateral to borrow and drain real assets from lending markets, mostly from Aave , the largest decentralized…

TL:DR: Judge Stanley Blumenfeld Jr. determined that the token does not meet the criteria of an investment contract, invalidating claims of unregistered securities. The lead plaintiff, Lee Greenfield, reported losses exceeding $40,000 after investing in the Solana and Ethereum versions of the asset. The ruling concludes that there was no “common enterprise” according to the Howey Test, exempting Jenner from federal securities fraud allegations. On Friday, a district judge in California issued a landmark ruling by decreeing that Caitlyn Jenner’s JENNER cryptocurrency does not constitute a financial security. The decision follows a class-action lawsuit accusing the celebrity of promoting unregulated…

Binance CEO Richard Teng announced a remarkable increase in weekend trading volumes in traditional asset-based futures. According to data shared by Teng via X, weekend trading volume in the exchange’s perpetual contracts tied to traditional financial assets rose by approximately 300 percent between January and March. According to the statement, one of the most notable increases occurred during the weekend of February 28 – March 1. During this period, the total trading volume for these products reached $8.1 billion. Teng stated that this growth indicates increased investor demand for access to traditional markets even on weekends. Binance’s products allow users…

Nexchain has developed its new product named Smart Actions, a series of intelligent modules which will help blockchain networks transition from manual and reactive systems to autonomous and self-optimizing ecosystems. With this announcement, Nexchain demonstrates their commitment to transitioning towards an Intelligent Web3. In the future, ML-based models will take care of all the work required to manage and govern networks instead of a human-run committee or their rigid and inflexible smart contracts. Autonomic Governance and Resource Elasticity The introduction of AI governance forms a crucial pillar to the Smart Actions of Nexchain’s platform. Historically, DAOs (Decentralized Autonomous Organizations) had…

Aave had an especially steep drop in the past 24 hours, down 11% to trade at $90.25. That decline was more pronounced than the crypto market, which slipped by around 2.25% over the same time. The financial move shows a definitive change in investor trends, where capital retreats from higher-risk holdings. This loss has come at a time when overall market sentiment has been slightly off. Market pulse has turned cautious especially amid the growing geopolitical tensions. Disruptions to major global trade corridors have compounded the uncertainty. The consequence is that funds have increasingly begun flowing back into relatively safer…

Crypto Analyst Tony Edward spoke with Patrick Witt, Executive Director, President’s Council of Advisors for Digital Assets at the Solana Policy Institute summit, where Witt gave a grounded update on the Clarity Act and what’s actually coming next behind the scenes. Witt made it clear that the stablecoin issue almost blocked the bill completely. That’s when the White House stepped in to mediate between banks and crypto companies, trying to find language both sides could live with. “We had to step in there and serve as a mediator… bringing the banks and crypto companies together… and ultimately get it to…

After $XRP went live on the Solana blockchain, users are already executing trades for the asset without even leaving the WhatsApp messaging app. X user @sol_nxxn posted a screenshot of a WhatsApp chat successfully swapping 0.1 $SOL for ~5.99 wXRP. “I just bought $XRP on Solana through WhatsApp. Solana is officially ready for boomers,” the user quipped. How it actually works Trading cryptocurrency via a simple text message is the result of several cutting-edge technologies operating in tandem. First of all, this is possible due to the recent bridging of $XRP to Solana. The bridging is facilitated by omnichain interoperability…