Author: NBTC

Crypto markets have ticked up this Monday morning as investors brace for a volatile week ahead, with all eyes on the US central bank. Meanwhile, Iran said it will halt its attacks as long as the United States does the same, a senior Iranian official told Reuters on Sunday. The US paused its bombing campaign on Friday following 13 nights of intensifying airstrikes. The development has caused a dip in oil prices and a jump in US stock futures and crypto markets. Economic Events July 27 to 31 July’s Consumer Confidence data is due on Tuesday, which reflects how consumers…

Pedro wipes the sleep from his eyes, kisses his wife on the cheek, and rolls over to pick up his phone to check on his Luna Classic validators. In the real world, he’s waking up for his job as the head brewer at a beerhouse. But in the virtual one, he’s known as Vegas, one of the leading voices in the Terra Luna Classic community. Terra Luna Classic is the blockchain that was forked and abandoned when Terraform Labs founder Do Kwon attempted to save his crumbling empire in 2022. Kwon has since been convicted of fraud and sentenced to…

Aptos Labs CEO Avery Ching said that digital asset regulations being discussed in the US Congress could pave the way for a significant transformation in the financial sector. According to Ching, the enactment of the CLARITY Act, in particular, could act as a major catalyst, accelerating the entry of financial institutions and large companies into the digital asset market. Appearing on the YouTube channel “3PROTV,” Ching stated that comprehensive cryptocurrency regulations in the US would not only reduce legal uncertainties in the sector but also allow institutional investors to enter the market more securely. Ching emphasized that current regulatory efforts…

A day after taking over Coinbase’s trading products and the Base App, its new lead didn’t reach for talking points. Instead, Cobie delivered a blunt internal diagnosis that most exchange executives avoid in public. Coinbase, he said, has been distant from crypto-native users for a long time. The assessment came in response to a question about how the Base App could attract onchain users after trust in the ecosystem was damaged, according to the original report from WuBlockchain. Cobie stressed he is not responsible for the Base network itself, only the app and trading products. But the distinction hardly matters…

The world’s largest stablecoin now travels between blockchains as USDT0, a version its builders insist is not a wrapped token, while its mechanics lock collateral in an Ethereum vault and mint claims elsewhere. Here is how it actually works, who runs it, what the trust stack contains, and why a gas tank on a new chain runs on it. Every successful monetary instrument eventually faces the geography problem: the money is in one place, and the demand is in another. Gold solved it with certificates, banks with correspondent accounts, and Tether, whose $USDT is the most used digital dollar on…

Ethereum, the second largest cryptocurreny has seen a jump of 27% in the past month following the rise in institutional demand. BitMine, which owns 4.8% of the total $ETH, has added 9,946 $ETH to its holdings, taking its total to 5.79 million $ETH. Now, with $ETH near $1,980, traders are watching whether it can break the key $2,156 June high. BitMine Adds 9,946 Ethereum BitMine, led by chairman Tom Lee, bought another 9,946 $ETH over the past week, taking its total holdings to 5,787,414 $ETH. The company now holds around 4.8% of Ethereum’s circulating supply, making it one of the…

From Pasture to Blockchain: How Tokenized Cows Are Revolutionizing Agricultural Finance in Brazil The Engendro Velho farm, located in Paraná, Brazil, received a loan of nearly $20K using a herd of 10 cows as collateral, using decentralized technology to digitize the information of each cow. The farmer received the Financial Rural Product Note (CPR-F) valued at nearly $100K from BMP, a direct credit society, and the deliverables (each cow) were assigned to Target FIDC, a fintech company that registered the transaction using each animal’s data. While this kind of transaction is not new, the tokenization and monitoring of the cows…

A Shiba Inu whale has resurfaced after nearly 10 months of dormancy, transferring almost 400 billion $SHIB tokens. The activity emerged this week and quickly drew market attention due to its timing, which coincided with a broader cryptocurrency market downturn. Key Points A dormant Shiba Inu whale became active after nearly 10 months of inactivity. The holder subsequently transferred nearly 400 billion $SHIB through BitGo’s Forwarder Smart Contract. $SHIB has declined 17.71% over the past week and lost the psychological support level at $0.000005. CoinGlass data shows more than $382,000 in $SHIB futures positions were liquidated over the past 24…

Andy Burnham, the Labour mayor of Greater Manchester and one of the few senior British politicians to openly embrace cryptocurrency and Web3 technologies, is poised to become the next UK prime minister on July 20, according to a report from France 24. He will succeed Keir Starmer, becoming the seventh UK prime minister in the past ten years. Who Is Andy Burnham? Burnham has served as the mayor of Greater Manchester since 2017, following a career as a Labour MP and cabinet minister under Prime Ministers Tony Blair and Gordon Brown. He held key roles including Secretary of State for…

The new financial product coming out of Robinhood Markets may be its most politically cautious yet. The brokerage is working with the U.S. government to design investment accounts for children born between 2025 and 2028, labeled “Trump Accounts.” It’s a move that would have been unthinkable during the platform’s GameStop-fueled volatility. According to a report published by WuBlockchain, CEO Vlad Tenev confirmed the collaboration in an interview, adding that the company is determined to move beyond its meme-stock reputation. Tenev used the forum to push back against years of criticism that Robinhood turns retail investing into gambling. He argued that…