Author: NBTC

In a significant on-chain transaction reported on March 26, 2025, cryptocurrency market-making firm Flowdesk deposited a combined $27.9 million worth of Ethereum ($ETH) and Chainlink ($LINK) to the Binance exchange, triggering immediate analysis from market observers. This substantial Flowdesk deposit, consisting of 6,088 $ETH and 1.62 million $LINK, represents a notable movement of assets from a private wallet to a major trading venue, an action historically associated with preparatory steps for liquidity events. Market analysts and data tracking services like The Data Nerd now scrutinize the potential downstream effects on both the Ethereum and Chainlink ecosystems. Flowdesk Deposit Details and…

Mark Zuckerberg is launching Meta Small Business as a company-wide initiative to support entrepreneurship and accelerate AI adoption, Axios reported Wednesday. The effort, led by Dina Powell McCormick, Meta’s president and vice chairman, and Naomi Gleit, who heads product development, will focus on building tools across Facebook, Instagram, and WhatsApp to help small businesses grow and scale more easily in the AI era. “In the AI era, it should be easier than ever for people to build new businesses,” Zuckerberg wrote in an internal post shared with employees. “We want to build the services that enable this.” Meta focuses on…

Solana wants to position itself as the execution layer for “internet capital markets” in Asia, or venues where users can issue, trade, borrow, lend, and settle assets online, 24/7, without needing a traditional exchange, bank or clearing house. At least, that was the position attendees and panelists at Solana’s Accelerate APAC event in Hong Kong on Wednesday. Speakers struck a noticeably institutional tone, with panels and keynotes focused less on hype cycles and more on payments, tokenization and the plumbing needed to onboard traditional finance at the conference, held alongside CoinDesk’s Consensus Hong Kong The day’s agenda reflected that shift.…

In a landmark development for African financial technology, Circle Internet Financial has announced its first major partnership on the continent with Cassava Technologies’ fintech division, bringing $USDC stablecoin payments to millions of users across 30 markets. This strategic collaboration, confirmed by Bloomberg on April 15, 2025, represents a significant milestone in digital currency adoption within one of the world’s fastest-growing economic regions. $USDC’s Strategic Entry into African Markets Circle’s partnership with Cassava Technologies marks a calculated expansion into Africa’s burgeoning digital economy. The collaboration specifically involves Sasai Fintech, Cassava’s financial technology arm, which operates a popular remittance application serving multiple…

Ark Invest bought $11.6 million worth of shares in cryptocurrency exchange Bullish (BLSH) on Wednesday, the ninth consecutive day the investment manager has added to its BLSH holdings. The St. Petersburg, Florida-based company bought 364,134 shares in Bullish, which is also the parent company of CoinDesk, across three of its exchange-traded funds (ETFs). BLSH closed at $31.88 on Wednesday, 0.53% lower on the day. The New York Stock Exchange-listed shares had previously recovered from a low of around $24.15 on Feb. 5 amid bitcoin’s BTC$67,942.25 fall below $63,000., They remain 15.82% lower year-to-date. Ark has bought around 2.1 million BLSH…

The Iran war has set oil on fire and crypto exchanges are racing to offer 24/7 trading to fill tradfi gaps, with most copying decentralized giant Hyperliquid’s perpetual-futures play. Crypto market-making giant Wintermute is taking a different approach. On Tuesday, its derivatives unit, Wintermute Asia, launched over-the-counter (OTC) trading in WTI crude oil contracts for difference (CFDs). CFD is type of derivative that allows traders to speculate on the price movement of an asset without owning it. Similar to futures, CFDs track the asset’s price, but the key difference is that only the difference between the opening and closing prices…

A DePin company that has 3.5 million users and is currently raising for a Series A won this year’s PitchFest at Consensus Hong Kong. Hong Kong-based zkME Technology won the $20,000 prize after a grueling two-day event where competitors positioned their solutions as key for various problems in the crypto sector. “If DeFi really wants to become mainstream, this is the only solution,” said founder and CEO David Alexander Scheer. Scheer told CoinDesk that 2026 is going to be “the year in which the lines between TradFi and DeFi converge” while remaining grounded, saying that Monday morning will be “back…

Stablecoins now dominate crypto spot markets, accounting for 83.03% of all USD-denominated trading volume as of late-March 2026, according to Kaiko data. Stablecoins Cement Role as Primary Settlement Layer in Crypto The latest figures from Kaiko show fiat USD pairs slipping into a minority role, holding just 16.97% of total spot volume on centralized exchanges. It’s a sharp contrast to earlier cycles when bank-linked rails still carried meaningful weight. Back in 2021, stablecoins represented 77.75% of USD spot trading, while fiat pairs accounted for 22.25%. Since then, the balance has steadily tilted, with stablecoins crossing the 80% threshold during the…

The UAE is stepping up its digital finance ambitions as a new aed stablecoin gains regulatory approval and goes live on local blockchain infrastructure. DDSC AED stablecoin by First Abu Dhabi Bank goes live Strategic role of DDSC in regulated digital payments Integration with $ADI Chain and institutional infrastructure The broader landscape of AED stablecoin approvals Tether’s announced AED stablecoin and open questions DDSC AED stablecoin by First Abu Dhabi Bank goes live The Central Bank of the UAE has formally approved First Abu Dhabi Bank‘s DDSC, an AED-pegged stablecoin now live on $ADI Chain, the Layer 2 blockchain built…

Alchemy Pay, a well-known fiat-to-crypto gateway for payments, is expanding its on-ramp support with the inclusion of $ADI. With the on-ramp support for $ADI, the native token of $ADI Chain, a popular institutional L2 for RWAs and stablecoins, Alchemy Pay is fortifying fiat-crypto accessibility. As Alchemy Pay revealed in its official social media announcement, the integration denotes a key move in connecting blockchain innovation with conventional finance. Hence, the consumers can seamlessly purchase $ADI with the use of Visa, mobile wallets, MasterCard, and more. 🤝#AlchemyPay’s On-Ramp now supports $ADI from @ADIChain_, the first institutional L2 for Stablecoins & RWA in…