Author: NBTC

In a significant strategic consolidation, the prominent $NFT marketplace Magic Eden has announced the imminent shutdown of its Bitcoin and EVM-based marketplaces, a decisive move that underscores the platform’s commitment to its Solana foundation. This development, first reported by Blockspace on March 15, 2025, signals a major shift in the competitive landscape of digital collectibles, prompting analysis from industry observers worldwide. Magic Eden Announces Major Platform Restructuring Magic Eden confirmed it will discontinue operations for its dedicated Bitcoin Ordinals marketplace and its marketplace supporting Ethereum Virtual Machine (EVM) chains, which include networks like Ethereum, Polygon, and Avalanche. Consequently, the platform…

More than 30% of $ETH’s circulating supply is now locked in staking contracts, per data from Validator Queue. The percent of supply staked continues to break new highs this month, climbing over 30% for the first time at the end of January. As of today, Feb. 17, data shows that about 36.9 million $ETH, or roughly 30.4% of total supply, is currently staked across nearly 967,000 active validators. Supply of $ETH staked. Source: Validator Queue Meanwhile, the price of $ETH rallied to new highs this summer, reaching nearly $5,000 in late August, but has since given back much of those…

Stablecoins quietly crossed a milestone in 2025, cementing their role as the plumbing of global digital finance as transaction volumes surged to levels that rival major payment networks. Summary Stablecoins—cryptocurrencies pegged to assets such as the U.S. dollar—benefited from regulatory clarity after the Trump administration pushed through dedicated legislation under the Genius Act in July. Adoption among banks, retailers, and tech giants spiked. Firms including Standard Chartered, Walmart, and Amazon exploring stablecoin launches. Regulators such as the IMF have warned that stablecoins could disrupt traditional finance. Total stablecoin transaction volumes jumped 72% last year to $33 trillion, fueled by growing…

SEC eases crypto rules amid political clash. Clear regulations could boost institutional confidence and spark the next Bitcoin rally. U.S. crypto policy shifts toward clarity, not crackdowns. If lawsuits fade, investor confidence and market momentum may surge. A political clash is heating up over the U.S. SEC’s new approach to crypto regulation. Congresswoman Maxine Waters has criticized SEC Chair Paul Atkins, accusing the agency of easing oversight and favoring large financial institutions. Her comments come as the SEC, now operating with an all-Republican commission, rolls back several proposals from the previous administration and moves away from aggressive enforcement actions against…

SEOUL, South Korea – March 2025: South Korean cryptocurrency exchanges demonstrate remarkable legal effectiveness, securing favorable outcomes in 90% of civil lawsuits filed to recover mistakenly transferred customer funds, according to recent court data analysis. This impressive success rate emerges against the backdrop of high-profile incidents like Bithumb’s substantial Bitcoin distribution error, highlighting the robust legal framework governing digital assets in one of the world’s most active crypto markets. The findings provide crucial insights for investors, regulators, and exchange operators globally, showcasing how established jurisdictions handle transactional disputes in the volatile digital economy. South Korean Crypto Exchanges and Their Legal…

OpenAI is stepping deeper into crypto security with the launch of EVMbench, a new testing framework designed to measure how well artificial intelligence can understand and potentially secure smart contracts on Ethereum and similar blockchains. Smart contracts, self-executing code deployed on blockchains like Ethereum, underpin decentralized exchanges, lending protocols and a wide range of onchain financial applications. Because these contracts are typically immutable once deployed, vulnerabilities can be serious. EVMbench is OpenAI’s attempt to see whether modern AI systems are up to the task of helping prevent those issues. Built in collaboration with crypto investment firm Paradigm, the benchmark draws…

Aave Labs has introduced a new governance proposal that would shape the next chapter of one of crypto’s largest lending platforms, and send all revenue from Aave-branded products back to its community treasury. The proposal, called “Aave Will Win,” asks the Aave DAO to approve a broader strategy built around its upcoming V4 upgrade. If passed, the plan would make V4 the foundation for Aave’s future development and formalize a structure in which 100% of revenue from products built by Aave Labs flows directly to the DAO. The AAVE token has gained about 2% on the news even as the…

Crypto analyst Javon Marks has revealed how Ethereum could recover and possibly break above its current all-time high ($ATH) of $4,900. This came as he highlighted a bullish pattern that the altcoin was still maintaining despite the current crypto market downtrend. Ethereum Eyes Rally To $ATH Amid Hidden Bull Divergence Pattern In an X post, Javon Mark noted that Ethereum is maintaining a larger Hidden Bull Divergence Pattern. Based on this, he declared that, with a full response, $ETH could rally over 140% and even break its current all-time high of $4,900. His accompanying chart showed that the altcoin could…

Ongoing sanctions against nation-states last year pushed the total value of crypto received by illicit addresses to its highest in history, as blacklisted entities sought to evade sanctions at scale. Throughout 2025, there were “unprecedented volumes associated with nation-states’ on-chain behavior,” blockchain analytics firm Chainalysis said in their 2026 crypto crime report on Thursday. Illicit cryptocurrency addresses received at least $154 billion in 2025, a 162% increase year-over-year from 2024’s $59 billion, primarily driven by the value received by sanctioned entities. At the same time, Russia, which is facing sanctions due to its invasion of Ukraine, launched its ruble-backed A7A5…

Agant CEO urges faster UK crypto rules, says pound stablecoins like GBPA can boost sterling’s global role and drive blockchain adoption. UK crypto regulation moves too slowly, warns Agant CEO; stablecoins and bank blockchain adoption key to making Britain a digital asset hub. Andrew MacKenzie, CEO of sterling stablecoin developer Agant, believes the U.K.’s crypto regulatory framework is moving in the right direction, but far too slowly to support Britain’s ambition of becoming a global digital asset hub. While the government has repeatedly positioned London as a future center for crypto innovation, comprehensive stablecoin and crypto legislation is not expected…