Author: NBTC

AI search startup Exa Labs has raised $250 million in a new funding round led by Bloomberg, pushing its post-money valuation to $2.2 billion. Exa Labs has secured $250 million in fresh financing led by Andreessen Horowitz, according to Bloomberg, in a deal that values the AI search startup at $2.2 billion. The round marks a sharp jump from the roughly $700 million valuation the company carried last fall, as reported by the same outlet. The company is building search infrastructure for AI systems rather than traditional users, a business model that has gained traction as developers race to improve…

Political action committees (PACs) aligned with and funded by the cryptocurrency industry notched a series of wins in three US state primaries on Tuesday, potentially setting a precedent for the 2026 midterm elections. The Fairshake PAC and its affiliates poured a combined $20 million into supportive media for the races. The committee, largely funded by crypto companies Ripple Labs and Coinbase, is behind the Defend American Jobs PAC in supporting Republican candidates and Protect Progress PAC for Democrats considered to be “pro-crypto.” Four Republican candidates and one Democrat won their respective primaries for US Senate and House of Representatives seats…

Japanese financial giant SBI Holdings is planning to launch Bitcoin and $XRP exchange-traded funds (ETFs) on the Tokyo Stock Exchange. The move could proceed once regulators approve the products, according to an investor presentation recently highlighted by $XRP community figure Xaif. Xaif said SBI is targeting nearly $32 billion in assets under management within three years while preparing investment products tied to both Bitcoin and $XRP. The plans come as Japan advances regulatory reforms that classify crypto assets as financial instruments. Key Points SBI plans Bitcoin and $XRP ETFs on Tokyo Stock Exchange, pending approval, targeting $32B AUM within 3…

MarsCat has announced a collaboration with TT Chain to spearhead innovation in RWAs and to construct a decentralized infrastructure. This partnership provides secure, scalable, enterprise-ready Web3 solutions using TT Chain’s high-performance blockchain and MarsCat’s privacy-first communications ecosystem. Together, the two build out RWA connectivity, allowing for decentralized interactions and interoperable applications. This will exemplify the increasing convergence of tokenization, serverless networking, and privacy-focused technologies that are driving the future of the decentralized digital economy. Redefining RWA On-Chain Logistics TT Chain aims to provide an optimized layer two blockchain infrastructure designed specifically for consumer-grade real-world asset (RWA) applications. The OP Stack,…

Bitcoin price reached $82,400 on May 20 and ran into a line on a chart. Up 37% from its April lows, BTC stalled at the 200-day moving average, pulled back to as low as $76,000, and left the market wondering what the rejection showed about the market’s underlying structure. That line, a simple arithmetic average, is among the most-watched indicators in crypto, and understanding why helps decode how the market is reading the current moment. The reversal repeated a pattern we saw in March 2022, when Bitcoin staged a comparable 43% relief rally before testing the same indicator and resuming…

US President Donald Trump signed a new executive order this week that is of critical importance for cryptocurrencies. In this order, Trump instructed the government and the Federal Reserve to review the access of cryptocurrency companies to payment systems. The FED soon presented a proposal on the matter, taking a significant step. According to the proposal, the FED offered a limited scope suggestion for ‘payment accounts’. Accordingly, the FED will allow certain firms, including cryptocurrency and fintech companies, to transfer money through the FED payment infrastructure. According to the FED statement, the proposed account access will be a simplified version…

A bipartisan group of lawmakers introduced a revised crypto tax bill Wednesday that aims to update the tax code to better address crypto use cases and would, if signed into law, direct the IRS to analyze the effect de minimis exemptions might have. Congressmen Steven Horsford (D-N.V.), Max Miller (R-Ohio), Suzan DelBene (D-Wash.) and Mike Carey (R-Ohio) reintroduced the Digital Asset Protection, Accountability, Regulation, Innovation, Taxation and Yields Act, otherwise known as the Parity Act, that Horsford and Miller had previously pushed a few times. The new language comes a week after lawmakers reportedly met to discuss crypto tax reform.…

WazirX says its newly launched INR-denominated futures platform could play a key role in rebuilding user trust and supporting its long-term recovery efforts following the 2024 cyberattack linked to North Korean hackers. In responses shared with Coin Edition, the exchange said futures trading has become a central part of its restructuring roadmap as it works to restore confidence in the platform and generate sustainable operational revenue. According to WazirX, the overall objective goes beyond expanding trading volumes. The company said it is also focused on improving transparency, strengthening user education, and building a more responsible trading environment for Indian crypto…

Chainlink’s Cross-Chain Interoperability Protocol has been deployed to Neo X on MainNet, giving the EVM-compatible chain access to one of the most widely used cross-chain messaging and token transfer systems in the blockchain industry. The integration was included in a blockchain expansion update published by Chainlink on May 22. The deployment is the second major external interoperability protocol to go live on Neo X following LayerZero’s MainNet integration in April, and adds to the native Message Bridge connecting Neo X and Neo N3. Neo X now has three cross-chain pathways available to developers and users. What CCIP enables CCIP provides…

Bullbit PERP DEX, a renowned decentralized perpetual futures exchange, has partnered with MixMax, an EVM-built Web3 multi-layer network. The strategic partnership aims to broaden the market reach while also improving consumer experiences. As Bullbit PERP DEX disclosed in its official X announcement, the development is set to merge the exclusive technical strengths of both entities to advance the user experience. Thus, the move focuses on bolstering liquidity, unlocking unique financial opportunities, and optimizing trading efficiencies. Partnership AnnouncementWe are excited to announce our official partnership with @mixmax_mc.MixMax is a Web3 multi-layer blockchain ecosystem built on Ethereum’s EVM, committed to accelerating volume…