Author: NBTC

South Korean cryptocurrency exchange Coinone has announced it will restrict deposits and withdrawals related to the $HTX platform, effective May 28. The decision comes after Coinone confirmed that an $HTX-affiliated entity, HUOBI GLOBAL S.A., has been added to The UK Sanctions List. Background of the Restriction Coinone stated that the move is a direct response to the UK sanctions designation. HUOBI GLOBAL S.A., which is closely linked to the $HTX exchange, was placed on the UK Sanctions List, triggering compliance obligations for Coinone. The exchange emphasized that the restriction is a precautionary measure to ensure adherence to international financial regulations.…

The value of real-world assets (RWA on Stellar) surpassed $2 billion by mid-2026. The SEP-40 standard defines the unified interface through which the network’s smart contracts request price data. RedStone has implemented this standard with production support for nine assets on the blockchain. The mid-year records reveal that Stellar’s RWA ecosystem has experienced a notable expansion, surpassing $2 billion in tokenized asset value. These figures reflect a 4x increase in its size over a 12-month period, within a global context where this market grew from $6 billion to over $31 billion between early 2025 and mid-2026. Notably, this network formally…

BitMEX founder Arthur Hayes said Bitcoin holders should not confuse Michael Saylor’s buying machine with a safety net for their own portfolios. Arthur made the point during a May 13 interview with Scott Melker (aka Wolf of All Streets), where he said Michael’s role is tied to Strategy (MSTR), not to ordinary investors holding Bitcoin and hoping a public company will keep bidding forever. Arthur said Michael is there to protect Strategy, its stockholders, and the products built around its balance sheet. “Saylor is not there to protect your Bitcoin bags.” Arthur says traders can use STRC to guess when…

Nakamoto reported $2.7 million in first-quarter operating revenue after completing its acquisitions of $BTC Inc. and UTXO Management on Feb. 20. The company said the deals added media, asset management and advisory businesses to its Bitcoin-focused model. Revenue included $1.1 million from Bitcoin treasury and derivatives activity, $0.8 million from media and information services, $0.2 million from asset management, and $0.5 million from healthcare operations. Nakamoto said the acquired businesses contributed for only part of the quarter. Net loss reaches $238.8 million The company posted a net loss of $238.8 million for Q1, compared with a $1.0 million loss a…

WeHub, a blockchain and digital asset firm, along with its largest shareholder Yang Jae-seok, chairman of JM Coffee Group, has agreed to acquire South Korean crypto exchange Flybit, the Busan Digital Asset Exchange ($BDX) announced today. The acquisition price was not disclosed, according to Maeil Business Newspaper. Deal Structure and Ownership Under the terms of the agreement, WeHub will hold a 40% stake in Flybit. Chairman Yang Jae-seok will own 25%, while Flybit CEO Kim Seok-jin will retain a 15% share. The remaining 20% is expected to be held by other investors or management. The deal marks a significant consolidation…

In May 2026, the number of active addresses on the Wrapped Bitcoin (WBTC) network dropped sharply to just 2,134, marking the lowest level seen since the start of the year. This figure, calculated using a seven-day moving average by CryptoQuant’s on-chain analysis, highlights a significant decline in activity on the Ethereum-based version of Bitcoin. DeFi activity slows to a crawl WBTC serves as a popular bridge token bringing Bitcoin liquidity into the Ethereum ecosystem, especially for use in decentralized finance (DeFi) applications. Investors typically transfer WBTC to lend, provide liquidity, or use as collateral within DeFi protocols. However, the exceptionally…

NVIDIA has moved past silver in global asset rankings after its market capitalization climbed to roughly $5.5 trillion. The stock recently traded near $227, pushing the AI chip giant behind only gold among the world’s largest assets. Silver’s market value stood near $5 trillion during the move, while gold remained far ahead at above $32 trillion. The rally has become one of the clearest signs of how aggressively capital is flowing into AI infrastructure. Investors are now assigning multi-trillion-dollar valuations to companies tied directly to chips, cloud systems, AI model training, and enterprise compute demand. At the same time, Alphabet…

Florida just became the first state to take OpenAI and its CEO to court. Attorney General James Uthmeier filed an 83-page civil complaint on June 1, accusing the company of endangering children through deceptive marketing of ChatGPT, a product it allegedly promoted as safe while burying internal warnings about its risks. The lawsuit seeks civil penalties and injunctive relief. It also takes the unusual step of naming Sam Altman personally, attempting to hold the CEO directly liable for harms the state says his product caused. What Florida is actually alleging The core of the complaint is straightforward: OpenAI told the…

South Korean cryptocurrency exchange Coinone has abruptly discontinued its ‘Coin Collecting’ service on the Kakao Bank mobile application, effective yesterday. The service, which launched just one week ago, allowed users to accumulate small amounts of cryptocurrency directly through the banking app’s ‘Invest’ menu. Sudden Termination Raises Questions According to a report by Dailian, an industry insider described the move as highly unusual. ‘It is rare for a financial platform partnership service to be terminated just a week after launch, as they typically undergo extensive internal review,’ the source said. The decision suggests that Coinone may be reacting to the current…

Bitdeer (NASDAQ: BTDR) has started construction on a vertically integrated energy and computing facility in Alberta, advancing a project that reflects how bitcoin miners are increasingly pairing data centers with dedicated power generation as demand from AI workloads reshapes the market for electricity and digital infrastructure. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company said Tuesday it broke ground near Fox Creek on a site that will combine a 101 megawatt natural gas-fired power plant…