Author: NBTC
Bybit EU, the European arm of the world’s second-largest cryptocurrency exchange, has adopted Nasdaq’s Market Surveillance platform to bolster compliance with the EU’s Markets in Crypto-Assets Regulation (MiCAR), as per reports shared with Finbold on August 28. Bridging the gap with traditional finance standards The integration equips Bybit EU with institutional-grade monitoring tools to detect and prevent market abuse across its European operations. Nasdaq’s platform combines advanced pattern-recognition analytics with comprehensive market data, aligning crypto oversight with standards long established in traditional finance. “This agreement demonstrates our commitment to providing secure, transparent, and fully compliant digital asset trading as we…
Mantle has officially surpassed $4 billion in treasury assets. While securing its place as the largest DeFi treasury in the market. Data from DefiLlama shows the total now stands at $4.025 billion. Most of this, around $3.792 billion, is held in Mantle’s own native tokens. Stablecoins make up $17.93 million, and major cryptocurrencies such as Bitcoin and Ethereum account for $56.41 million. The other assets total $159.27 million. This milestone highlights Mantle rapid growth and focus on building a self-sustaining ecosystem. It demonstrates the project’s ability to attract community and institutional support. Comparing With Other DeFi Treasuries Mantle’s treasury now…
Crypto trader James Wynn has resurfaced after nearly three weeks of inactivity. On August 19, Wynn reopened trading through his old wallet, placing a highly leveraged position on Ethereum. Blockchain data shows he opened a 25x leveraged long worth 111 ETH, confirming his reentry into the market. The timing follows his claim of 19,206 USDC in referral rewards. Shortly after, the funds were internally transferred from spot to perpetuals, fueling the new position. His liquidation price is marked at $4,152.8, adding significant risk given Ethereum’s current market volatility. Details of the Transactions Blockchain records show a series of structured moves.…
On Tuesday, three affiliated NYSE-listed companies under AMTD Group proposed a crypto-for-stock conversion program that would let holders swap Bitcoin, Ethereum, USDT, Binance’s BNB, and USDC for newly issued shares under the exchange. AMTD IDEA (AMTD), AMTD Digital (HKD), and The Generation Essentials Group (TGE) formed the program with pricing that would be set by mutual agreement at prevailing market values, and allocations could be split across the three issuers. Framing the plan as a “conduit and effective means” for portfolio diversification, the group said the issuances would “serve as a bridge connecting the world of crypto assets with one…
Imagine the excitement when a major player in the crypto world hits a significant regulatory milestone! That’s exactly what happened with Socios.com, the innovative fan token platform powered by Chiliz (CHZ). They recently announced a groundbreaking achievement: provisional MiCA approval from the Malta Financial Services Authority (MFSA). This is not just a small step; it’s a monumental leap forward for the platform and the broader fan token ecosystem within the European Union. What Does MiCA Approval Mean for Socios.com’s Future? The Markets in Crypto-Assets (MiCA) regulation is the EU’s comprehensive framework designed to bring much-needed clarity and stability to the…
The cryptocurrency world is buzzing after an unprecedented Binance USDT transfer caught the attention of market observers. A staggering 400,000,000 USDT, valued at approximately $400 million, moved from the leading exchange Binance to an unidentified wallet. This monumental transaction, flagged by the blockchain tracking service Whale Alert, raises immediate questions and fuels speculation across the digital asset landscape. What does such a colossal movement signify for the market? What Triggered This Massive Binance USDT Transfer? On [Insert Date of Report, e.g., November 15th, 2023], Whale Alert, a popular blockchain transaction tracker, reported a colossal Binance USDT transfer. This isn’t just…
Borrowing activity in crypto markets accelerated sharply in the second quarter of 2025, according to new figures from Galaxy Research. The study found that loans backed by digital assets across DeFi protocols climbed to a record $26.47 billion, up 42.1% from the previous quarter. That surge lifted the overall balance of crypto-collateralized loans, including both DeFi and centralized finance (CeFi) platforms, to $44.25 billion at the end of June. The increase of $10.12 billion quarter-over-quarter represents one of the largest jumps since the bull market years of late 2021 and early 2022, when outstanding loans briefly topped $50 billion. The…
Samson Mow, a renowned Bitcoin supporter and CEO of JAN3, continues to issue posts about Ethereum, criticizing the second-largest cryptocurrency while praising BTC. This time, he has noted a significant increase in the amount of Ethereum that is about to be unstaked and withdrawn by validators. In light of his recent posts, Mow hints that this is going to be bullish for Bitcoin. Last week, Mow also stated that Ethereum would never flippen Bitcoin. More Ethereum about to be unstaked In a recent X post, the JAN3 CEO stressed that the amount of Ethereum to be unstaked continues to grow.…
The decline in Bitcoin (BTC) and altcoins, which began last week with US macro data and decreasing expectations for a Fed interest rate cut, continues as markets prepare for a possible hawkish stance from the Fed. As Bitcoin approaches a 6-week low, investors await the minutes of the Fed’s July meeting and Fed Chair Jerome Powell’s speech in Jackson Hole. As expectations for a Fed rate cut in September waned, increased profit-taking and expectations of a possible hawkish statement from Powell pushed Bitcoin below $113,000. Major altcoins like Ethereum (ETH), XRP, and Cardano (ADA) also experienced significant declines. Speaking to…
Founder of Binance CZ, Changpeng Zhao, opined that Hong Kong ought to have more cryptocurrencies opened up. Hong Kong simply allows being listed on four coins, including Bitcoin, Ether, Avalanche and Chainlink, which, according to him, is not enough to transform the city into a powerful crypto listings hub. He requests regulators to adopt a more lenient regime, such as that of Japan, where licensed exchanges may list more tokens without everyone having to be included in large financial indexes. This flexibility, said CZ, could allow Hong Kong to compete with the U.S., UAE, and Japan as a global crypto…