Author: NBTC

Nado, a decentralized exchange (DEX) built on the Ink Chain central limit order book (CLOB), has launched an integrated margin system that allows users to leverage U.S. stock tokens as collateral. The system, announced this week, introduces SPYx (a token tracking the S&P 500) and QQQx (a token tracking the Nasdaq 100) as margin assets for perpetual futures trading. How the Integrated Margin System Works Users can deposit SPYx or QQQx tokens into a single Nado account and use them as collateral to open perpetual futures positions across multiple asset classes, including cryptocurrencies, forex, commodities, and stocks. All positions are…

It is a tough week for the cryptocurrency market as Bitcoin failed to move past the $82,600 resistance level. The leading cryptocurrency by market cap is currently trading below $80,000, following three straight days of losses so far this week. The crypto market sentiment is losing risk appetite amid a bullish positional wipeout in the derivatives market. Volatility surge weighs down crypto bulls Bitcoin is down by nearly 2% in the last 24 hours and is now trading below $80,000, triggering forced liquidations of highly leveraged bullish positions in the futures market. This prompted a risk-off sentiment shift. According to…

Decentralized finance protocol Abracadabra.money has moved to stabilize its algorithmic stablecoin, Magic Internet Money (MIM), by injecting $100,000 into its primary liquidity pool on Curve Finance. The injection, composed of MIM alongside $USDT and $USDC, comes as MIM continues to trade significantly below its intended $1 peg. Addressing a sudden liquidity drain The protocol announced the move on X, stating the capital injection is intended to restore balance to the Curve pool after an unexpected liquidity drain. This drain was triggered by a recent shift in Abracadabra’s DeFi incentive strategy, which altered the reward structure for liquidity providers. According to…

After multiple weeks of extreme caution from Ethereum’s large holders and high-profile investors, it appears that the asset is beginning to attract renewed interest from its large holders. Popular crypto analyst Ali Martinez has shared data revealing that Ethereum whale activity has soared significantly as about half a billion $ETH tokens have been purchased in the last week. Ethereum whales are buying Per data from the analyst, Ethereum whales have withdrawn nearly 500 million $ETH tokens from exchanges in the last seven days. Following Ethereum’s trading price in the previous week, this means that about $800 million worth of $ETH…

In a groundbreaking move to enhance scalability and interoperability within the Web3 ecosystem, GMATRIXS, a GameFi platform, today entered into strategic collaboration with Plum Protocol, a meme asset platform. The partnership enabled the integration of GMATRIXS’ blockchain gaming network with Plum Protocol’s meme asset infrastructure, aiming to build an interoperable, rewarding, and sustainable multi-dimensional Web3 ecosystem, co-driven by the two decentralized networks. GMATRIXS is a blockchain platform that aims to solve the current problem of insufficient infrastructure, providing traditional game developers with a seamless, low-barrier GameFi environment that allows them to build digital game applications with complete control and directly…

Zodia Custody has secured a Payment Institution licence from Luxembourg’s Commission de Surveillance du Secteur Financier, adding a second key European authorization that allows the firm to offer regulated custody and transfer services for stablecoins across the European Union. According to a press release shared with crypto.news, the new approval enables Zodia Custody (Europe) S.A. to extend its institutional custody platform to Electronic Money Tokens (EMTs), the category of stablecoins recognized under the European Union’s Markets in Crypto-Assets regulation. The licence builds on the company’s existing MiCA Crypto-Asset Service Provider licence, which Zodia received in December 2025. Together, the two…

Michael Saylor’s long-term Bitcoin strategy came back into focus following comments from Bitcoin advocate Samson Mow, linking $BTC holdings to billionaire wealth rankings. The discussion also highlighted the ongoing debate around Strategy’s dividend model and its Bitcoin-backed preferred stock structure. Mow stated on X that if Bitcoin reached about $4.2 million per coin, Michael Saylor could surpass Elon Musk as the world’s richest person based on his estimated Bitcoin exposure. According to Mow, Saylor’s exposure includes around 17,732 $BTC held personally and indirect exposure to Strategy’s 818,869 $BTC treasury through his ownership stake in the company. At ~$4.2M per $BTC,…

Plume, a blockchain project specializing in regulatory-compliant real-world assets (RWA), has partnered with global cryptocurrency exchange Bybit to launch an institutional-grade bond yield product. The initiative, announced on June 15, aims to put idle stablecoins held on centralized exchanges to work through professionally managed portfolios. Bridging Traditional Finance and DeFi The collaboration provides Bybit’s approximately 80 million users with access to products based on bond portfolios managed by PIMCO and CMB International (CMBI). These offerings are structured through Plume’s compliant vault infrastructure, which is designed to meet institutional standards for security and regulatory oversight. Plume noted that an estimated $25…

Staking activity on the Ethereum network remains robust despite its price showing persistent weakness. With the validator exit queue dropping close to zero, only a small number of participants appear willing to withdraw from the network. Meanwhile, the amount of $ETH waiting to be staked has surged to nearly 3 million. At the time of reporting, Ethereum was trading around $1,667. Staking demand continues to climb Over the past 24 hours, $ETH has rebounded by around 2%, having recently tested local lows near $1,524. Despite this mild recovery, Ethereum has lost more than 21% throughout June, and overall market pressure…

Key Takeaways Subway partnered with Ripple to upgrade its global treasury, shifting from slow manual banking systems to a real-time blockchain-powered infrastructure. Before the upgrade, Subway relied on separate banks, hundreds of accounts, and manual work, which reduced visibility and slowed operations. After implementation, Subway reduced banking complications, automated most payments, and gained near real-time visibility over global cash positions. Subway has just made one of the boldest financial moves in fast-food history, teaming up with Ripple to completely overhaul how it handles money across more than 100 countries worldwide. The world’s largest restaurant chain by location count has moved…