Author: NBTC

PopDEX, a decentralized crypto perpetual futures exchange, has announced the completion of a $30 million seed funding round. The investment was led by Foresight Ventures, a prominent venture capital firm focused on blockchain and cryptocurrency technologies. The funds are earmarked primarily for initial liquidity provisioning and product development, signaling a significant step forward for the platform as it prepares to enter a competitive market. Funding Details and Strategic Allocation The $30 million seed round represents one of the larger initial raises in the decentralized derivatives space this year. According to the company, the capital will be deployed across several key…

In August 2023, $XRP briefly printed $50 on Gemini. The crypto community laughed it off as a data error. Computer engineer and $XRP analyst CharuSan says the people laughing missed the most important liquidity lesson in $XRP’s history. “It wasn’t a glitch. It was a 100% real market event and a perfect example of catastrophic slippage.” The mechanics were simple. $XRP had just been relisted on Gemini, and the order book was almost empty. A single market buy order swept through every available sell order in seconds and kept going until it hit one rogue sell order sitting at $50.…

A political action committee (PAC) that claimed to “support candidates working to advance digital asset and blockchain policy in the United States” announced its picks for the 2026 election cycle, potentially influencing key races with money from the crypto industry. In a Thursday notice, the Blockchain Leadership Fund said it had endorsed ten candidates for the 2026 US midterm elections, four in the Senate and six in the House of Representatives. Chainlink Labs and Anchorage Digital announced the launch of the PAC in March amid other committees that spent heavily in the 2024 US election cycle, like Fairshake. The PAC’s…

Cobo, a prominent digital asset custody platform, has partnered with Pieverse, an independent AI agent infrastructure entity. The partnership denotes a key move in the provision of conversational and secure on-chain finance. As Cobo mentioned in its official social media announcement, the development is set to enable more seamless, auditable, and accessible integration of agentic wallet activities into the daily messaging entities. Hence, the move sets an exclusive benchmark for the safe deployment of agentic finance across the Web3 network. Excited to partner with @pieverse_io to bring Cobo Agentic Wallet Skills into the Purr-Fect Claw runtime. 🤝As AI agents take…

When Rep. Matt Van Epps helped lead the American Reserve Modernization Act of 2026 this week, he framed the bill not as an abstract national security measure — but as a direct extension of what he sees happening in his own backyard. “Nashville is one of the nation’s leading Bitcoin hubs,” Van Epps said in a statement to Bitcoin Magazine, pointing to Bitcoin Park, the city’s growing digital asset community, and the annual Bitcoin conference, set to return to Nashville in 2027. “Nashville is quickly emerging as one of the nation’s leading Bitcoin hubs, with a growing digital asset community,…

A wave of departures from the Ethereum Foundation has intensified calls from community leaders for a new, well-funded organization built around boosting $ETH’s price, a mission critics say the nonprofit was never designed to pursue. At least eight senior EF researchers and leaders have announced departures this year, with five exits coming in May alone, as the foundation undergoes a leadership reshuffle under new Co-Executive Directors Bastian Aue and Hsiao-Wei Wang, who joined in February after the departure of Tomasz Stańczak. Stańczak stepped down after leading the EF for just under one year. Stańczak tenure was seen to push the…

Tom Lee, chairman of Bitmine Immersion Technologies and co-founder of Fundstrat, does not expect the coming wave of mega IPOs to derail markets even if they could eclipse the entire dot-com boom in scale. Lee recently discussed the potential effect of SpaceX, Anthropic, and OpenAI listing which could unleash trillions of dollars in new equity supply into public markets. In inflation adjusted terms, Elon Musk’s SpaceX alone could become the second largest IPO ever, seeking a market valuation above $1.5 trillion, behind only Saudi Aramco. Lee acknowledged concerns about the amount of supply these listings could introduce into public markets,…

Baiya International Group, a China-based company listed on Nasdaq, purchased $1 million worth of $BNB shares. According to the official announcement, Baiya International Group (BIYA), a giant company traded on Nasdaq, announced that it purchased $1 million worth of $BNB and renamed its cryptocurrency investment strategy “Binance Plan”. This decision came after a survey conducted on the company’s official X account. Because in a survey conducted by the company via X, Binance Coin ($BNB) received approximately 89.2% support. Following the overwhelming support for $BNB, the company completed the first phase of its digital asset strategy by purchasing $1 million worth…

An attempt to increase the tax burden on cryptocurrency owners in Germany has not gained enough support in the country’s legislature. Most parties opposed a bill put forward by the Greens, who wanted to target the tax-free profits from long-term digital-asset investments. Greens’ crypto tax proposal halted in parliament The draft law, designed to stiffen taxation for cryptocurrency investors, was stopped in the Finance Committee of the Bundestag, the lower house of the German parliament. Submitted by the parliamentary group of the Alliance 90/The Greens party, it was backed only by Die Linke (the Left Party) faction, according to a…

Everclear, the cross-chain liquidity protocol formerly known as Connext, has announced it is winding down operations. The project, which traded under the ticker CLEAR, confirmed in a statement on its official X account that the Everclear Foundation, its development company, and all associated products will be phased out. The decision follows a period of financial strain that the team was unable to overcome. Why Everclear failed to sustain its business model According to the team, the core issue was profitability. Everclear had developed a solver-based model designed to rebalance funds across different blockchain networks. While the protocol reportedly achieved a…