Author: NBTC
In a significant development for cryptocurrency infrastructure, Coinbase has confirmed it will support the migration from the $DAI stablecoin to USDS from May 4 to 6, 2025, affecting millions of users globally. This announcement represents a pivotal moment in stablecoin evolution, particularly for decentralized finance participants who rely on these assets for trading, lending, and yield generation. The migration window provides a limited timeframe for users to transition their holdings seamlessly through one of the world’s largest cryptocurrency exchanges. Coinbase $DAI Migration: Technical Implementation and Timeline Coinbase will implement the $DAI to USDS migration through automated backend processes during the…
Can you trade a token that tracks the Goldman Sachs stock price — without a brokerage account, without KYC, and without waiting for Wall Street’s trading hours? That’s the specific thing DeFiChain built. When DeFiChain announced the addition of four new dTokens — dJNJ (Johnson & Johnson), dDAX (DAX ETF), dADS (Adidas), and dGS (Goldman Sachs) — it was adding to a system already offering tokenized versions of Tesla, Apple, Amazon, Google, and dozens of other traditional financial assets. All of it running on a blockchain built as a fork of Bitcoin, anchored to the Bitcoin network every few minutes…
Over time, the Ethereum price has been trending sideways with no definitive move in either direction. This trend has led to the formation of an ascending channel that could change the course of things for the second-largest cryptocurrency by market cap. If this trend continues to play out, then it is possible that the Ethereum price is about to see new all-time highs. Why Ethereum Price Could Be Headed Above $5,000 Crypto analyst Jonathan Carter shared an analysis on the X (formerly Twitter) website that takes a look at the Ethereum price and what the current trend could mean for…
Bernstein said agentic AI payments could become a long-term growth opportunity for stablecoins, even though adoption on today’s machine-payment protocols remains small and is not yet material to the broader stablecoin investment case. In a Monday note shared with Cointelegraph, the broker said stablecoins could help unlock machine-to-machine payments by making microtransactions viable and enabling programmable, conditional payments between software agents without a human in the loop. But Bernstein said traction so far has been limited. The note said Stripe and Tempo’s machine payments protocol recorded about $5,000 in stablecoin volume in its first week, while Coinbase’s x402 protocol handled…
Japan is moving deeper into the compliance phase of crypto regulation, and the latest push is less about approving new products or licensing exchanges than about making digital asset activity harder to hide from tax authorities. Japan officials expand crypto tax and compliance regime in new push for clarity New guidance and documentation published by Japan’s National Tax Agency (NTA) show the country preparing to implement the Crypto-Asset Reporting Framework, or CARF, an OECD-backed system designed to let tax authorities automatically exchange information on certain crypto transactions involving non-residents. Japan’s framework takes effect from Jan. 1, 2026, with the first…
South Korea’s financial regulator has ordered all crypto exchanges to verify user asset balances every five minutes, following a massive overpayment incident that shook market confidence earlier this year. One botched reward payout exposed systemic cracks across the entire industry. What Triggered the Rules In February, Bithumb accidentally sent 2,000 BTC per person instead of 2,000 Korean won ($1.40) during a promotional event. The error amounted to roughly $42 billion in misallocated crypto. The Financial Services Commission (FSC) launched emergency inspections across all five major Korean exchanges immediately after. What they found went far beyond a single human mistake. Most…
Mining hardware manufacturer Bitdeer has introduced the new sealminer a4 family, aiming to raise the bar for performance and energy efficiency in Bitcoin operations. Bitdeer launches the new A4 series for Bitcoin mining Bitdeer (NASDAQ: BTDR) has officially launched its latest ASIC mining lineup, the Bitdeer A4 series, targeting professional operators that demand stronger performance and lower power consumption. The release adds fresh competition to the market for high efficiency miners, where every joule per terahash matters for profitability. The new series arrives as industrial-scale mining continues to grow worldwide. Moreover, operators are actively seeking energy efficiency miners to remain…
The broader crypto market retraced amid increased volatility in the global financial market. Ethereum [$ETH] especially saw heightened volatility, dropping from $2171 to a low of $2087. As of this writing, Ethereum traded at $2,100, down 1.6% on the daily chart. With the price slip, the altcoin fell below its 50-day EMA, suggesting the short- to mid-term trend was flipping bearish. Before this, $ETH had been on an upward trajectory, hiking 3% over the past week and holding above the 20-day EMA. With Ethereum failing to sustain the uptrend, some investors, especially whales, have capitulated. Ethereum whale moves $128 million…
Crypto investment products maintained their inflow streak last week but momentum slowed amid ongoing Middle East tensions and a “hawkish pause” interpretation of the US Fed’s meeting. Crypto exchange-traded products (ETPs) recorded $230 million in inflows last week, with $405 million in outflows following the Federal Open Market Committee (FOMC) meeting in the US, CoinShares reported Monday. The inflows extended the streak to four consecutive weeks, but the latest total was sharply lower than the previous week’s $1.06 billion. CoinShares head of research James Butterfill largely attributed the slowdown to the market’s “hawkish pause” interpretation of the US Federal Reserve’s…
The Cyprus Securities and Exchange Commission has issued reporting guidance for EU investment firm branches operating in Cyprus, including retail CFD brokers, and for crypto asset service providers registered in the jurisdiction. The regulator requires these firms to submit statistical information covering last year. Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!). All reporting must be submitted electronically via CySEC’s Transaction Reporting System by 8 May 2026. Submissions must be confirmed with a feedback file, and a “No Error” indication marks a successful filing. Any errors must be corrected and resubmitted. Feedback files are…