Author: NBTC

South Korea’s media and communications review body said it will hear from Polymarket before deciding whether to take corrective action against the prediction market platform. On Monday, the Broadcasting, Media and Communications Review Committee said it would allow Polymarket to submit its position before making a final decision on a corrective request regarding gambling concerns. “We decided to provide an opportunity for Polymarket to submit its opinion to thoroughly verify the legality of Polymarket and the way the service is operated,” the committee said, according to a machine translation of the press release. South Korea’s National Gambling Control Commission Act…

AngelList, the prominent platform that connects startups with investors, is winding down its crypto payment support. The company is terminating its relations with Ripple-operated Rail, according to the announcement. “Effective July 31st, our partnership with Rail (operated by Ripple) will be formally wound down,” the company stated. AngelList has noted that crypto payment options (specifically $USDC, $USDT, DAI, and ETH) will become completely unavailable until further notice, meaning that users will have to go back to traditional financial rails. The company confirmed that ACH and wire transfers will remain fully functional. Users have been urged to switch to fiat for…

Anthony Scaramucci, founder of SkyBridge Capital, has issued a pointed message to cryptocurrency investors: stop trying to explain every Bitcoin price movement through the lens of daily news headlines. In remarks reported by U.Today, Scaramucci argued that Bitcoin has matured to a point where it no longer needs promotion or narrative-driven analysis. Bitcoin’s Maturity and the Irrelevance of Short-Term Narratives Scaramucci described Bitcoin as “the most important invention in modern history,” emphasizing that its long-term value proposition now outweighs the noise of short-term market fluctuations. He cautioned investors against the habit of connecting every price dip or rally to a…

Ethereum has undergone significant change over time, particularly since The Merge.The upgrade replaced the energy-intensive Proof-of-Work (PoW) system with Proof-of-Stake (PoS). With this change, Ethereum currently uses about 8,522 physical nodes, many of which house multiple validators, and nearly 894,000 validators. Source: CCAF Report As a result, Ethereum now consumes only 7.87 GWh of electricity annually, or about 0.90 MW of continuous power. That is less than half the British Museum’s annual electricity consumption. Before The Merge, the network required roughly 2.4 GW of continuous power. Since then, Ethereum’s electricity consumption has fallen by more than 99.9%, marking one of…

Richard Teng discovered crypto in 2017, while still working as a regulator, and it changed how he viewed the future of financial services. “The more I deep dive into it, I realized that this is going to be the future of financial services,” he said in a recent appearance on the podcast “Figuring Out With Raj Shamani.” Now Co CEO of Binance, Teng argues that crypto is no longer only something people trade. In his view, it is increasingly becoming infrastructure that parts of the financial system can run on, because it can enable continuous markets and faster settlement. Why…

DeFi Development Corp. (Nasdaq: DFDV) has given up the day-to-day control of DisclaimerCoin (DONT), the memecoin it launched in January 2026. Stewardship has been transferred to ZeroStack Holdings CEO Daniel Reis-Faria and a dedicated team. DONT holders will now have a new set of hands in charge of the token’s development. What does DisclaimerCoin’s change in leadership mean? DeFi Development Corp. has officially handed over the management of DisclaimerCoin (DONT), a memecoin it launched in January 2026, to Daniel Reis-Faria, the CEO of ZeroStack Holdings (NASDAQ: ZSTK), and a dedicated team. This deal is leading up to the world’s first…

Belgium’s financial markets regulator warned consumers against six crypto-asset service providers (CASPs) it said were operating in the country without authorization, days after the European Union’s Markets in Crypto-Assets (MiCA) licensing deadline took effect. On Monday, the Financial Services and Markets Authority (FSMA) identified several CASPs active in Belgium without authorization under MiCA regulation. FSMA named Aurum Foundation, Bank Bit, Bithf Pro, Dxago, Global Dynamic Trade and ZeriaFunding. The regulator said it had added these entities to its list of fraudulent CASPs. The warning indicates that national regulators are beginning to apply the MiCA licensing perimeter following the EU’s transitional…

Crypto wealth platform Nexo has launched its dual-mode crypto card in Argentina and tapped former investment banker Andres Ondarra as general manager for the country, the company said Wednesday. The company is expanding its presence in one of the world’s fastest-growing digital asset markets. Argentina ranked second in Latin America with approximately $94 billion in crypto transaction volume between mid-2024 and mid-2025, according to Chainalysis. Crypto adoption has accelerated rapidly, with Argentina recording the region’s highest per capita user penetration at roughly 12.4% of the population, around four times Brazil’s level, according to a report from Lemon. According to Nexo,…

Although Bitcoin ($BTC) price rebounded on July 9 amid an erosion of the TACO (Trump always chickens out) trade’s edge, the risk of a Bitcoin price crash remains palpable within the crypto community. Over the past 30 days, Bitcoin price has been trapped in horizontal consolidation around $62,750 amid a tug-of-war between spot investors and derivatives traders. As such, Bitcoin price remains in a multi-month bear market, with lower lows and lower highs already confirmed year-to-date (YTD). $BTC price YTD chart. Source: Finbold The recent $BTC price rebound from a crucial support level around $60,000, as Finbold explained, has been…

Ethereum’s Market Value to Realized Value (MVRV) Ratio fell below the critical 0.8 threshold, placing the altcoin in a historically rare accumulation zone. The on-chain metric suggested $ETH traded below its realized value, a condition that previously appeared during major market bottoms. According to the data, similar readings emerged in December 2018, March 2020, and June 2022 before Ethereum established cycle lows. That historical context renewed attention among long-term investors despite the absence of an immediate bullish catalyst. However, the metric reflected valuation rather than future price direction. Instead, it suggested seller exhaustion had intensified after months of weakness. As…