Author: NBTC
Two months ago, Trust Wallet, one of the most widely used self-custody wallets in crypto, rolled out a gas sponsorship feature. It lets people trade tokens on a network without needing to own that network’s fuel currency first. For example, you can swap tokens without any ETH in your wallet, which is meant to make it much easier for anyone to start using decentralized apps and services. Normally, to do anything on a blockchain (like swap tokens), you need to pay a small fee using that specific network’s own cryptocurrency. This fee, called “gas,” goes to the computers that process…
Ripple, the RLUSD stablecoin issuer has signed a memorandum of understanding with Riyad Bank’s innovation subsidiary to explore blockchain applications within the Kingdom’s financial infrastructure. We are committed to demonstrating how Ripple’s enterprise-grade digital asset technology can unlock efficiencies in areas such as cross-border payments, supporting Saudi Arabia’s ambition to build a world-leading and competitive fintech ecosystem. Reece Merrick, the Managing Director, Middle East & Africa, Ripple. Ripple and Jeel are collaborating to develop distributed ledger use cases and test how blockchain systems could be embedded into Saudi Arabia’s financial architecture. Riyad Bank’s Jeel taps Ripple for payments, custody, and…
In a landmark move for South Korea’s digital economy, technology titan Samsung has forged a critical alliance with financial giants Shinhan Financial Group and Hana Financial Group. This powerful consortium aims to develop a comprehensive framework for a Korean won-backed stablecoin, a strategic initiative reported by Maeil Business Newspaper in Seoul, South Korea, on March 21, 2025. Consequently, this partnership signals a concerted effort to build a credible digital alternative to the dominant US dollar-pegged stablecoins that currently govern the global crypto market. The Won Stablecoin Consortium: A Strategic Alliance According to financial sector sources, high-level executives from all three…
Binance Wallet continues to improve the Web3 world with strategic partnerships with infrastructure providers to offer accessibility to users. The integration of Binance Wallet with Privy, a top Web3 authentication and wallet infrastructure provider, help developers to easily integrate their decentralized applications (dApps) with Binance Wallet as an extension. This setup is allotted to give end users the capability to access decentralized services with less barriers, causing less friction and no need to overboard. Making the Binance Ecosystem More Accessible to Developers This partnership marks an enormous step forward for Blockchain developers while it will allow developers to easily integrate…
Chainlink reported 14 new integrations across 3 services and 8 chains, including ACX, Arbitrum, Base, Concordium, Ethereum, Moonbeam, Plume, Polygon and TRON. ACX said it integrated Chainlink Data Streams, while Chainlink described confidential compute using TEEs and zero-knowledge proofs. Chainlink has published an adoption update stating that its standard has recorded 14 integrations across three services and eight blockchain networks. The update lists Arbitrum, Base, Concordium, Ethereum, Moonbeam, Plume, Polygon, and TRON as the supported chains, showing activity across both established and newer ecosystems. Other new integrations listed in the update include decentralized exchanges ACX and ApeX, BitMEX, real-world asset…
Entropy first captivated attention in 2022 when it generated $25 million in a seed round headed by a16z crypto. The CEO showed gratitude towards a16z crypto and Guy Wuollet for aiding in steering the wind-down and called their guidance “invaluable”. A decentralised crypto custody startup supported by Andreessen Horowitz (a16z), Entropy is terminating and plans to return the rest of the capital to investors, as per the founder and CEO Tux Pacific. Pacific publicised through writing on X on January 25 that, “I am winding up Entropy, and after four years, various pivots and two rounds of layoffs, I have…
In a significant on-chain movement, an address linked to the Pendle Finance team executed a major deposit of PENDLE tokens to the Bybit exchange, transferring assets worth approximately $3.83 million and prompting detailed analysis from blockchain observers. This transaction, reported by blockchain intelligence firm AmberCN, involves 1.8 million PENDLE tokens and follows a defined vesting schedule from the protocol’s earlier development phase. Consequently, market participants and analysts are now examining the potential implications for the DeFi yield protocol’s native asset and the broader decentralized finance landscape. Analyzing the Pendle Team Deposit to Bybit The core transaction occurred seven hours prior…
AmericanFortress, a blockchain privacy infrastructure provider, and 0G, a decentralized compute network for AI agents, have announced the launch of an AI-native private and compliant transaction stack designed for autonomous on-chain activity. The joint solution combines 0G’s compute layer for autonomous agents with AmericanFortress’s patented dynamic stealth-address system. Transactions are executed using cryptographic one-time addresses derived by both parties, allowing users and agents to transact via names rather than exposed on-chain addresses. This approach prevents address reuse and limits third-party visibility while maintaining cryptographic verification and decentralized identity proofs between counterparties. AmericanFortress will also introduce a user-selectable “Hide My Balance”…
China has fixed the yuan at its strongest level since 2023, betting on continued U.S. policy that keeps the dollar weak. According to Xinhua, the currency has stayed below the 7 yuan‑per‑dollar mark, strengthening to 6.9843 yuan per dollar on Monday. People’s Bank of China Sets Yuan Stronger as Dollar Weakens China has signaled it is ready to strengthen its currency. The People’s Bank of China (PBOC), the institution that sets what’s called the daily fixing price of the yuan, has allowed the currency to reach its strongest level since May 2023. In its latest fixing operation, the PBOC fixed the exchange…
Crypto.com’s Cronos, Bitget Token, and Circle’s USDC have seen a surge in whale activity over the past seven days, even as the two exchange tokens’ prices have slumped by more than 7% in that period. On-chain analysis from Santiment Feed shows that Cronos and Bitget Token recorded the steepest week-on-week increases in whale activity among tokens with market capitalizations above $500 million. Whale transactions on Cronos jumped by more than 1,100% compared with the previous week, while Bitget Token activity climbed by 800%. USDC on Optimism also ticked upwards more than fivefold over the same period, placing the stablecoin among…