Author: NBTC

Canadian blockchain and cryptocurrency technology firm DMG Blockchain Solutions reported second-quarter revenue of $5.28 million, a 35% decline from the previous quarter. The company directly attributed the drop to lower Bitcoin prices, which significantly compressed mining profitability during the period. Revenue Drop Driven by Bitcoin Price Decline DMG’s mining output for the quarter stood at 69 $BTC, unchanged from the prior quarter. However, the average price of Bitcoin during the period was notably lower, eroding the dollar value of the same production volume. This highlights a key vulnerability in the Bitcoin mining business model: when production is steady but the…

manadia has integrated with Conflux Network. The collaboration connects scalable Layer 1 blockchain infrastructure with on-chain data layers, addressing a real problem in Web3. Decentralized ecosystems have spent years optimizing throughput, but throughput alone doesn’t solve the bigger challenge of securely connecting users, applications, and economies across regions at scale. We’re integrating with @Conflux_Network.As decentralized ecosystems continue to scale globally, the challenge is no longer just throughput — it’s building infrastructure that can securely connect users, applications, and economies across regions at scale.#ConfluxNetwork… pic.twitter.com/eFp2a2GR30 — manadia (@paywithmana) May 26, 2026 Conflux Network handles the infrastructure side. manadia handles the data…

Adam Back, the cryptographer whose work is literally cited in the Bitcoin white paper, wants to build the Warren Buffett playbook for the Bitcoin era. His company, Bitcoin Standard Treasury Company, is positioning itself not as another passive Bitcoin holder but as an active treasury manager that grows Bitcoin per share over time. The numbers behind the pitch BSTR Holdings plans to launch with a balance sheet of 30,021 $BTC. At current prices, that stash is worth well north of $3 billion, placing the company among the largest corporate Bitcoin holders on the planet before it even starts trading. The…

German stablecoin startup AllUnity, a joint venture backed by DWS, Flow Traders and Galaxy Digital (GLXY), plans to offer a Swedish krona-backed stablecoin while also rolling out new payment infrastructure for transactions carried out by AI agents. The Frankfurt-based company said Wednesday that the stablecoin, dubbed SEKAU, will be fully-backed by krona reserves and issued under the European Union’s Markets in Crypto-Assets (MiCA) framework. The debut is planned for June, pending final regulatory and operational approvals. “Sweden has long been a global leader in the transition toward a cashless economy, but that transition also requires a new form of digital…

The United States faces a deeper obstacle to cryptocurrency adoption than regulatory uncertainty alone, according to Robin Singh, CEO of crypto tax software firm Koinly. In a recent op-ed, Singh argued that the nation’s tax system is fundamentally flawed and acts as a significant deterrent for investors and businesses alike. Beyond the CLARITY Act While the proposed CLARITY Act is widely seen as a positive step toward establishing clearer rules for digital assets, Singh contends that it addresses only part of the problem. The existing tax framework, he says, remains overly complex and inefficient, creating a burden that discourages participation…

Yen-backed stablecoin issuer JPYC has announced the launch of what it describes as Japan’s first service enabling credit card holders to convert reward points directly into stablecoins. The service, developed in partnership with Mitsui Sumitomo Trust Club and blockchain infrastructure firm HashPort, is scheduled to go live on June 1. How the Service Works Initially, the service will be available to holders of Diners Club and TRUST CLUB credit cards issued by Mitsui Sumitomo Trust Club. Cardholders will be able to exchange their accumulated reward points for JPYC, a yen-pegged stablecoin. The swaps will be processed through HashPort’s non-custodial wallet,…

Hut 8 is pushing even further into AI infrastructure than most other Bitcoin miners are. Its latest disclosures show a company using power access, data center leases, project debt, and $BTC-backed liquidity to build the financing stack for that move. The company’s latest disclosures put numbers around that transition. Hut 8 reported $16.8 billion in triple-net, take-or-pay contracted lease revenue across two hyperscale AI campuses, then separately refinanced a $200 million Bitcoin-backed credit facility with FalconX. The new facility cut the fixed rate to 7.0% from 9.0% and unencumbered roughly 3,300 $BTC from the prior collateral package. Taken together, the…

Somnia has announced a new integration with LI.FI is introducing cutting-edge cross-chain swap and bridge technology to its expanding blockchain infrastructure. The collaboration will help to facilitate liquidity mobility, developer onboarding, and interoperability within autonomous and real-time applications on Somnia’s Agentic Layer 1 network. We’re excited to announce our integration with @lifiprotocol, bringing mature crosschain routing infrastructure to the Agentic L1. Developers building on Somnia can now tap into mature swap, bridge, and deposit routing across 60+ chains via https://t.co/Mk1UyLsjW4’s APIs and… pic.twitter.com/ysS0RSQgsG — Somnia (@Somnia_Network) May 25, 2026 The integration allows developers to have direct access to LI.FI’s cross-chain…

London-listed The Smarter Web Company (LSE: SWC) disclosed on May 26 that it acquired 10 Bitcoin at an average price of £55,786 per coin, equivalent to roughly $74,904. The purchase totaled £557,865 and brings the company’s aggregate Bitcoin holdings to 2,869 $BTC. The firm’s cumulative investment in Bitcoin now stands at £232.48 million, with an average acquisition cost of £81,032 ($109,000) per $BTC, highlighting that the latest purchase was executed well below its overall cost basis. The company has leaned into Bitcoin as a treasury reserve asset, positioning it as a core component of its capital allocation framework. Management said…

Blockchain company Cripco, known for operating an $NFT business in partnership with IPX (formerly Line Friends), has announced a collaboration with Minicoin and Creditcoin via its official Discord channel. The move has sparked widespread speculation that IPX may be winding down its $NFT operations. Community Merger and Transition Details In a statement posted to Discord, Cripco said its community will merge into Minicoin’s official channel. The company indicated that a transition schedule and further instructions will be provided in a separate notice. Cripco also confirmed that a guide is being prepared for existing holders of Cripco assets, including NFTs and…