Author: NBTC

Ethlabs, a new Ethereum research lab backed by the network’s two largest corporate holders, launched this week with a pitch to complement the Ethereum Foundation. Its own funders concede it will also compete as Ethlabs is “playing to win.” “I think they will be complementary,” Joseph Chalom, chief executive of Sharplink and a former longtime BlackRock executive, said of Ethlabs and the Foundation on a livestream The Defiant hosted this week. He then added that the two would “over time” be “in some ways overlapping,” with “the densest talent” concentrated at Ethlabs. Where the Mandates Meet The overlap is visible…

Swiss digital asset infrastructure firm SCRYPT has integrated BENJI, the tokenized share class of Franklin Templeton’s Franklin OnChain US Government Money Fund (FOBXX), into its internal treasury operations, aiming to address what it describes as a structural mismatch between traditional money market funds and the continuous operating demands of a crypto business. The integration is already live, Sylvan Martin, SCRYPT’s co-founder and chief growth officer, confirmed to Sandmark. The integration is live and operational, Sylvan Martin, co-founder and chief growth officer of SCRYPT, confirmed to Sandmark. “Conventional money market funds settle T+1, meaning trades settle the following business day, and…

Dogecoin’s official X handle shared a post that has caught the attention of the crypto community, even as the market faces a selloff with $1 billion wiped out in liquidations. The Dogecoin official X account tweeted, “somebody needs to tell the charts to stop doing the downward dog.” somebody needs to tell the charts to stop doing the downward dog pic.twitter.com/G7spjqyK1R — Dogecoin (@dogecoin) June 24, 2026 The timing of the post coincided with a downward trend seen on price charts across multiple timeframes, even as the crypto bear market drags on. Digital assets saw a significant drop in the…

Crypto industry advocate Cody Carbone has renewed calls for lawmakers to advance the CLARITY Act as Senate debate over the legislation continues without a scheduled floor vote. According to testimony delivered by Carbone, chief executive of The Digital Chamber, at a Senate Banking Committee hearing on affordability, digital assets can help lower costs for consumers through faster transactions, reduced payment fees, and easier access to financial assets. Speaking before lawmakers during a hearing titled The Affordability Agenda, Carbone argued that blockchain-based financial services could introduce competition to traditional payment networks and reduce friction in moving money and assets. Despite those…

Polysights, a Polymarket-backed analytics platform, raised $1.5 million to expand tools for detecting suspicious prediction-market trading. The platform focuses on unusual wallet behavior, outsized positions and suspicious timing before market-moving outcomes. The funding reflects a broader credibility race, as prediction markets need surveillance and compliance systems that can distinguish informed forecasting from private-information abuse while event-contract volumes grow across global markets and regulatory scrutiny keeps intensifying further. Polysights, a prediction-market analytics platform backed by Polymarket, has raised $1.5 million to expand tools aimed at detecting suspicious trading across event-contract markets. The funding lands at an awkward moment for a sector…

Key takeaways: Surging spot Bitcoin ETF outflows and a put-heavy options expiry point to fading institutional demand. Risk-reward shifts toward tech stocks, leaving crypto traders to seek catalysts beyond macroeconomic tailwinds. Bitcoin ($BTC) traded down 9% in three days, hitting its lowest level since September 2024. The $58,000 retest triggered over $1 billion in liquidations across bullish $BTC leveraged positions. Despite a modest recovery to $59,500, Bitcoin traders remain uneasy as the S&P 500 index and gold prices fully erased their intraday losses. Bitcoin/USD (orange) vs. gold/USD & Nasdaq 100 futures (green). Source: TradingView The market downturn on Thursday lined…

An address associated with the venture capital firm a16z withdrew a total of 25,560 $ETH from the centralized exchange platform Binance. The transfer represents an estimated value of $42.62 million, executed while the crypto asset was trading near $1,670. The movement was publicly recorded on the blockchain on June 24, 2026, as confirmed by on-chain data trackers. A digital address linked to the American investment firm Andreessen Horowitz, known in the sector as a16z crypto, withdrew a total of 25,560 units of $ETH from Binance to an external wallet this Wednesday, June 24, 2026. The financial action took place amid…

Invesco’s move is another sign of asset managers increasingly chasing a new business opportunity created by stablecoins. These cryptocurrencies are designed to maintain a fixed value, typically tied to one U.S. dollar, and are backed by reserve assets such as cash and short-term Treasuries. As issuance grows, so does demand for firms that can manage those reserves. Citigroup projects the stablecoin market could expand to as much as $4 trillion by 2030, up from roughly $300 billion today, creating a potentially lucrative market for fund managers. BlackRock, State Street and ProShares also filed to launch funds aimed at serving as…

Pi Network is pushing users to join two ecosystem campaigns before Pi2Day 2026 on June 28, while PI continues to trade near recent lows. The Pi Core Team said Pioneers still have time to join the Vibe Coder campaign and test the SLICE Launchpad Testnet token. The update came through the project’s official X account and blog. Pi Network said Pi2Day has often been used for ecosystem updates, feature releases, and community campaigns. This year, the focus is on app creation, Launchpad testing, and user participation rather than a price-related announcement. The Vibe Coder campaign asks Pioneers to introduce AI-assisted…

A Trump White House official is now directly negotiating an ethics compromise on the CLARITY Act with Senate Democrats, the last major sticking point standing between the crypto market structure bill and a Senate floor vote. The development was reported by journalist Pete Rizzo on Tuesday, citing Politico, as the bipartisan group works to resolve a dispute over how the bill would restrict senior government officials, including President Donald Trump, from holding crypto interests. The talks have run through the White House Crypto Council, whose executive director Patrick Witt has been part of the three-party negotiations alongside Senate Republicans and…