Author: NBTC

QuickSwap is making a significant bet on the future of decentralized derivatives. Following an overwhelming community vote, one of DeFi’s longest-running decentralized exchanges has selected Orbs’ Perpetual Hub Ultra 2.0 as its default perpetual futures infrastructure, replacing its previous Orderly-powered solution and consolidating all future perpetual trading on Orbs’ Layer-3 network. The governance proposal, titled “Full Shift of Decentralized Perpetuals to Orbs Network,” passed with 81.8% support from QUICK token holders, signaling strong community backing for the transition. A Community-Driven Upgrade The integration replaces the Falkor perpetuals platform previously running on Polygon PoS while expanding on the existing partnership between…

Russia’s central bank governor, Elvira Nabiullina, confirmed that the country was prepared to roll out its central bank digital currency (CBDC) in two months, following the timeline it laid out last year. According to a Thursday report from Russian state media outlet RIA Novosti, Nabiullina said that “everyone is ready” for a Sept. 1 digital ruble launch. The CBDC will launch as a complement to Russia’s fiat currency, the ruble, and will initially be accepted by financial and credit institutions. “We want the digital ruble to be in demand by people and businesses, to be convenient, and, of course, we’re…

The latest list of cryptocurrency platforms based on weekly active user numbers has been released. The data reveals the networks and protocols with the highest user engagement over the past 7 days, with Solana topping the list with a strong increase. According to the list, Solana ranked first with 15.3 million weekly active users. Solana’s active user count increased by 106.9 percent in the last 30 days. $BNB Chain came in second with 13 million weekly active users, but recorded a 12.5 percent decrease in the last 30 days. Tron ranked third with 8.7 million active users. Related News The…

Investment giant Cantor Fitzgerald and cryptocurrency-focused broker-dealer Securitize (SECZ), are revamping initial public offerings (IPOs) with tokenization and blockchain technology, the companies said on Wednesday. Under the agreement, Cantor will leverage its equity capital markets and trading capabilities, while Securitize will provide the tokenization infrastructure used to issue, distribute, and service tokenized securities, according to a press release. Large traditional finance players are taking rapid steps towards the tokenization of capital markets. This week the Depository Trust & Clearing Corporation (DTCC) announced further plans to tokenize stocks with a range of partners including JPMorgan, Goldman Sachs, BlackRock and Vanguard. The…

Wintermute, whose analyses are closely followed in the market, evaluated the recent movements. Cryptocurrency market maker Wintermute stated in his latest analysis that there is a relief rally in Bitcoin, but this is not a structural bull market. Wintermute analysts have viewed Bitcoin’s recent recovery as a relief rally stemming from macroeconomic changes, rather than a transition to a structural bull market. Analysts say that signs of a slowdown in the US economy, expectations of a looser monetary policy from the Federal Reserve, and easing tensions in the Middle East have led to a recovery in risky assets like Bitcoin.…

Aave (AAVE), a leading lending protocol in the decentralized finance (DeFi) ecosystem, has announced a significant strategic decision regarding its cross-chain infrastructure. According to the project’s statement, Aave has adopted Chainlink’s (LINK) Cross-Chain Interoperability Protocol (CCIP) as its official cross-chain standard. This step aims to make transactions between different blockchain networks more secure and efficient for Aave. Currently, Chainlink CCIP supports cross-chain transfers of the decentralized stablecoin GHO within the Aave ecosystem and multi-chain governance operations via Aave Delivery Infrastructure (a.DI). With this new decision, the use case of CCIP will be further expanded, forming the core infrastructure for cross-chain…

Ethereum [$ETH] reclaimed the $1,800 level and has held this level for three straight days. At press time, Ethereum was trading around $1,807 after rising slightly by 0.26% on the daily charts. As the price steadies, high-net-worth investors have seized the opportunity to increase their positions. Ethereum whales continue to accumulate Even as Ethereum struggles to maintain its trend, whales have continued to purchase at every price level. According to Lookonchain, a whale withdrew 4.948k $ETH worth $9.01 million. Following the recent purchase, the whale’s $ETH holdings increased to 49,407 $ETH, worth $84.3 million. Source: Lookonchain Additionally, Onchain Lens reported…

New Hampshire’s Governor and Executive Council is scheduled to consider a proposal on Wednesday, July 8, that would allow up to $100 million in taxable revenue bonds to finance Bitcoin acquisition by a CleanSpark-related borrower. According to the council’s published agenda, the proposal will be heard by the state’s Business Finance Authority. It would fund the purchase of Bitcoin while covering bond issuance expenses. If approved, the financing would represent another example of Bitcoin treasury strategies expanding beyond traditional equity and debt markets. Agenda outlines $100M Bitcoin financing proposal Agenda item six under the Business Finance Authority calls for a…

Aave, which operates one of the largest onchain lending markets, has launched Aave V4 on Avalanche as it looks to accelerate lending for tokenized assets and institutional finance, according to a Wednesday statement. The move marks Aave V4’s first deployment beyond Ethereum. Avalanche is a high-performance blockchain network designed to support digital finance, including decentralized finance, real-world asset tokenization and institutional blockchain applications. The launch aims to enable specialized credit markets backed by tokenized real-world assets and extends Aave’s long-standing presence on Avalanche, where its V3 protocol has facilitated billions of dollars in liquidity. It also serves as the blueprint…

Tom Lee, Chairman of Bitmine (BMNR), argued that Ethereum ($ETH) has bottomed out at its current price levels and is preparing for a strong recovery. Speaking at the WebX 2026 conference in Tokyo, Lee compared Ethereum’s current outlook to the recovery of the US stock market following the 1987 stock market crash. According to Lee, there are striking similarities between Ethereum’s price chart and the movement of the S&P 500 index after 1987. The renowned investor noted that the S&P 500 entered a strong uptrend after a sharp decline, suggesting that Ethereum is similarly at a significant low point and…