Author: NBTC
Ethereum treasury SharpLink Gaming bought $264.5 million in Ethereum last week, the Nasdaq-listed company announced on Tuesday. The Minneapolis, Minnesota-based firm’s holdings have grown to 521,939 of the digital coins now worth nearly $1.9 billion after it bought 83,561 ETH between July 28 to August 3, it said. Publicly traded SharpLink (SBET) was trading less than 1% higher on Tuesday at nearly $19. SharpLink’s stock has shot up by over 420% since the end of May, when it was trading for less than $4 per share. NEW: SharpLink now holds 521,939 ETH Between July 28 – August 3, SharpLink acquired…
During the months-long debate over stablecoin legislation this spring, crypto industry leaders tried, and failed, to notch a key victory: getting lawmakers on board with interest-bearing stablecoins. The GENIUS Act, which formally legalizes approved stablecoins in the U.S. and was signed into law last month, now prohibits stablecoin issuers from engaging in the increasingly common practice of offering users passive yield—typically, between 3% and 5%—on staked or deposited balances. Republican congressional leaders ultimately deemed the incentive program too lucrative, arguing stablecoins should be greenlit as a payment currency, not as an investment product. But in the aftermath of GENIUS’…
Hong Kong will officially launch its Real World Asset (RWA) Registration Platform on August 7. The initiative is being led by the Web3.0 Standardization Association. It aims to open up the entire process of RWA tokenization, from dataization to financialization. This marks a major step in Hong Kong’s ambition to become a global Web3 hub. The platform is expected to enhance trust, compliance, and investor access in RWA-backed digital markets. A Regulated Push Toward Tokenized Assets Speaking to the Hong Kong Economic Times, Hong Kong Web3 Association co-chairman Zhu Qiaohua highlighted the city’s regulatory edge. He said Hong Kong’s policy…
StarAI is excited to announce its groundbreaking collaboration with INTO, marking a significant leap towards the next generation of Web3 engagement. This partnership represents a bold step toward the integration of AI innovation and decentralized technologies. This incentive strives to introduce intelligent and immersive online experiences. We’re excited to announce our partnership with @intoverse_, a next-gen #Web3 ecosystem transforming how people connect, earn, and engage online. 🌐✨#INTO combines social networking, #DeFi, entertainment, and digital commerce—powered by #AI, DID, and cross-chain tech—to create… pic.twitter.com/MWzSNpywCx — StarAI (@The_StarAI) August 3, 2025 StarAI, a Web3 intelligence and creative platform powered by AI, has…
Flare Network has introduced Luminite, a non-custodial, seedless wallet designed to make decentralized finance (DeFi) accessible to XRP holders as part of a broader push to give smart contract functionality to assets that historically lacked it.“By removing complex barriers of entry, we’re enabling anyone – from first-time users to seasoned crypto holders – to access the full power of the Flare ecosystem,” the team said in a prepared statement. “This is about making DeFi approachable, not just for the crypto-native, but for the next wave of users discovering blockchain through real utility,” the statement added. Built with Turnkey’s embedded infrastructure,…
BlackRock has sparked speculation in the broader cryptocurrency space after it moved a sizable volume of Ethereum (ETH) into Coinbase Prime. In a move spotted by Lookonchain, the data analytics platform, BlackRock transferred 101,975 ETH into the crypto platform. Ethereum dips amid ETF outflows According to the update, the value of the transfer is placed at $372 million. The massive movement has left many guessing the motive behind the transfer. Usually, such development often signals a possible intention to sell or custody reshuffling. BlackRock (ETHA) deposited 101,975 $ETH($372M) and 2,544 $BTC($292M) into #CoinbasePrime 3 hours ago.https://t.co/qmuDIrPHc6 pic.twitter.com/BTThuI4mot — Lookonchain (@lookonchain)…
Bridgewater Associates founder Ray Dalio says the US government needs to rethink how it comes up with its economic data. Over the weekend, President Donald Trump fired the head of the Bureau of Labor Statistics, Erika McEntarfer, because of a large downward revision of job numbers. On Friday, the BLS revised down the job growth figures for June from 147,000 to 14,000, a 90% drop. Figures for May were also revised down from 144,000 to 19,000, bringing the combined two-month downward revision to 258,000 jobs. Some analysts at US banks began citing the data as possible evidence suggesting the economy…
As crypto markets plunged Friday, a potentially historic regulatory shift flew under the radar, Wall Street broker Bernstein said in a research report Monday. In a speech that Bernstein analysts called “the boldest and most transformative crypto vision ever laid out by a sitting SEC chair,” U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins unveiled ‘Project Crypto’, a sweeping initiative to modernize the country’s outdated securities rules for the digital age. The initiative aims to overhaul U.S. securities laws to accommodate digital assets, continuing a broader push to make the U.S. a global hub for crypto innovation. Central to…
Blockchain technology can help modernize the US electrical grid by marshaling human labor and stranded resources to create decentralized energy infrastructure, according to Cosmo Jiang, a general partner at venture capital firm Pantera. “All of civilization from the beginning of time has been built on the coordination of incentives, and blockchain is just a new way to incentivize people in a decentralized way that wasn’t possible before,” Jiang told Cointelegraph in an interview. The VC explained that companies in the gig economy have devised ways of allowing people to monetize their free time and resources outside of their normal working…
MYX (MYX Finance) has experienced substantial market activity today, making it a focal point of analysis by market analysts. According to data posted today by Satoshi Club, MYX is up 477% today, now trading at a $200 million market cap. MYX, the native asset behind the derivatives exchange MYX Finance, reached a new ATH of $1.72 yesterday, 4th August, 2025. Besides, the token is currently trading at $1.39, its price has been up 1302% and 1590.8% over the past week and 30 days, respectively, making it one of the best-performing assets on the virtual currency market. $MYX (@MYX_Finance) is up…