Author: NBTC
The cryptocurrency market often presents intriguing paradoxes, and one particularly striking example is currently unfolding in South Korea. Despite an unprecedented surge in new digital asset listings on major exchanges, the overall South Korean crypto trading volume has experienced a dramatic and concerning plummet. This situation leaves many investors and market watchers asking: what’s truly driving this stark contrast? Why the Surge in New Listings on South Korean Exchanges? This year, South Korea’s top five cryptocurrency exchanges – Upbit, Bithumb, Coinone, Korbit, and Gopax – have been exceptionally active in bringing new digital assets to market. In fact, they’ve listed…
DeCard, the next-generation card brand born from the experience of DCS (formerly Diners Club Singapore), has announced a strategic partnership with Polygon Labs, a leading company in the development of Web3 solutions. Thanks to this collaboration, the Polygon network is integrated into DeCard services, allowing customers to directly deposit USDT and USDC on Polygon into their DeCard and DeCard Luminaries accounts. This integration represents a fundamental step towards the widespread use of stablecoins in daily life, now allowing stablecoin holders on Polygon to spend instantly at over 150 million merchants worldwide. The potential of stablecoins according to DeCard and Polygon…
Terminal Finance, a decentralized exchange (DEX) incubated by Ethena Labs, has gathered more than $280 million in total value locked (TVL) ahead of its upcoming launch at the tail end of this year, according to DefiLlama. The pre-deposit phase spanned three capped vaults holding 225 million USDe, 10,000 ether ETH$4,130.70, and 100 bitcoin BTC$115,336.71. Data from DeFiLlama shows the vaults have reached full capacity. Terminal is positioning itself as the main DEX for the Ethena ecosystem, which centers on USDe, Ethena’s synthetic dollar, and sUSDe, its yield-bearing version. The platform will also support trading against USDtb, a token backed by…
Latin American treasuries met in Punta Cana to modernize operations with digital assets and AI tools. El Salvador consolidates its Bitcoin legal tender framework with two major crypto events in November. Official delegations from El Salvador, Argentina, Mexico, Uruguay, Colombia, Bolivia, and nine other Latin American countries gathered in Punta Cana, Dominican Republic, for the 15th Annual Latin American Seminar on Public Treasury Management. This meeting, which took place from October 28 to 30, included the participation of global financial organizations such as the World Bank, the Inter-American Development Bank, and the International Monetary Fund. Luis Rafael Delgado Sánchez, the…
Former Binance CEO Changpeng “CZ” Zhao’s pardon by US President Donald Trump came after an extensive and expensive lobbying campaign in Washington. Zhao, who served a four-month prison sentence last year for violating US Anti-Money Laundering (AML) laws, benefited from a months-long effort by Binance and its legal team to win over key figures in Trump’s orbit, according to a Sunday report by Politico. In late September, Binance hired Ches McDowell, a close associate of Donald Trump Jr., and his North Carolina-based firm Checkmate Government Relations to lobby the White House and Treasury Department on “executive relief,” the report claimed.…
Binance CEO Richard Teng has shared an important security tip for exchange users to protect their accounts. The CEO emphasized that security is now paramount, particularly amid the increasing number of phishing scams and malware attacks How to protect your Binance account In a blog post, the Binance team highlighted four essential tools for users to enhance the security of their accounts. These include Authenticator Apps, Passkeys, Security Keys and Multi-validator verification. Authenticator Apps, according to Binance, add a second layer of login security using time-based one-time passwords that change every 30 seconds. Binance shared two authenticator apps with users:…
Just ten days after a 2.73% difficulty dip, Bitcoin’s gears are revving back up. If miners keep cranking out blocks at this pace, the next difficulty epoch could deliver a hefty climb. Roughly 81% of the 2,016 blocks have already been mined, setting the stage for the change expected on Oct. 29, 2025. Bitcoin’s Mining Might Pushes Network Toward Possible Difficulty Hike This Week It’s been a full week since Bitcoin’s computing muscle surged to 1,164 exahash per second (EH/s). Fast-forward to today, and it’s cruising near 1,122 EH/s — a slight cooldown but still impressively high, even with the…
Real-world asset (RWA) specialist Ondo Finance (Ondo) has expanded its tokenized securities platform to the BNB Chain BNB$1,116.05, bringing over a hundred U.S. stocks and ETFs to one of the most active blockchain networks. The move opens access for BNB Chain’s 3.4 million daily users to buy and sell tokenized shares of companies like Apple or Tesla, as well as popular ETFs, around the clock thorugh Ondo Global Markets. These assets are aimed primarily at non-U.S. investors who want exposure to U.S. markets but may be blocked by geographic or regulatory barriers. Tokenized stocks took off earlier this year as…
Entry, the compliance-native infrastructure bridging institutions and decentralized finance (DeFi), has announced an integration with the Midnight Foundation to combine privacy-preserving technology with regulatory compliance for institutional blockchain applications. The collaboration brings together Entry’s Asset Screening technology and Midnight’s zero-knowledge selective-disclosure architecture, creating a framework that allows financial institutions to meet regulatory requirements such as MiCA and FATF standards—without exposing sensitive personal or commercial data. Merging privacy and regulation for scalable DeFi Copy link to section As the institutional scale of blockchain becomes widespread, institutions are increasingly presented with one of the greatest challenges: to show that they are compliant…
Good Morning, Asia. Here’s what’s making news in the markets: Bitcoin is trading around $109K as Hong Kong begins its business day, as traders continue to digest comments from Fed Chair Jerome Powell that another rate cut isn’t a certain thing, chilling demand for BTC ETFs and other risk assets. Polymarket traders now assign a 71% chance of a 25-basis-point rate cut at the Fed’s December meeting, down sharply from about 90% before Powell’s remarks. The probability of no change has risen to 26%, showing how quickly traders recalibrated expectations after the press conference. According to CryptoQuant’s latest weekly report,…