Author: NBTC

Binance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging they diverted more than 470,000 users from Binance Card in breach of their commercial agreement. The plaintiffs seek nearly $473 million in damages, alleging the conduct contributed to RedotPay’s valuation as it considers a potential initial public offering, Bloomberg reported Wednesday, citing a Hong Kong court filing it obtained. According to the report, Binance Holdings affiliates Nest Trading, DistributedTechnologies and Chaintecs Consulting Singapore filed the petition against RedotPay co-founders Gao Zhangpeng, Chan Wa Choi and Yao Chao. Binance alleges RedotPay allowed users to fund RedotPay stablecoin…

Kalshi says roughly three-quarters of its users have never deposited funds, using the platform to track prices rather than trade them. This is a pattern prediction market platforms are building their products now. Kalshi’s new Public Companies Hub, launched this week, is the latest sign that data and probabilities can be monetissed as much as trading volumes. A Hub Built for Users Who Do not Trade The Public Companies Hub brings together earnings-related markets and company data in one section of Kalshi’s web and mobile apps, and through its API. It is organised around three elements: KPI markets, which forecast…

Without raising the gas limit or shortening block times, $BNB Smart Chain is planning a significant block-building upgrade that could almost double network throughput. One particular inefficiency is addressed by BEP-675: builders and validators currently run the same block twice before it is sealed. Block execution and validation Specialized builders assemble and execute blocks under BSC’s current SendBid system before sending bids to validators. Before signing the block, the validator re-executes each transaction to verify its validity. Due to BSC’s 450-millisecond block interval, a large amount of the available production window is consumed by this redundant work. By enabling builders…

BlackRock’s head of digital assets, Robbie Mitchnick, said investor sentiment toward Bitcoin has improved noticeably over the past month, according to The Block. He also noted that Bitcoin began decoupling from stocks earlier this year, showing relative strength when AI-related shares faced a sharp correction in July. What the Decoupling Means for Investors Mitchnick said the decoupling supports the case for Bitcoin as a portfolio diversification tool and a potential hedge against extreme downside risk. This view aligns with a growing narrative among institutional investors that Bitcoin’s behavior is maturing beyond a risk-on asset that moves in lockstep with equities.…

Closing the Gap on Reserve Reporting AEREDIUM Holdings was recently granted a U.S. patent for an artificial intelligence (AI) system designed to continuously audit digital asset reserves in real time, aiming to replace traditional accounting attestations with automated oversight. The United States Patent and Trademark Office issued U.S. Patent No. 12,694,407 B1 on July 29. The system was invented by Albert Dadon, founder and CEO of AEREDIUM. Issuers of stablecoins and other reserve-backed digital assets currently rely on monthly or quarterly attestations produced by accounting firms. These snapshots often take weeks to publish while underlying reserve balances fluctuate continuously, creating…

The $XRP ecosystem continues to develop despite broader macroeconomic uncertainty. Asheesh Birla, CEO of $XRP treasury company Evernorth, highlighted three recent milestones involving AI payments, institutional education, and decentralized lending. Birla said while markets remain focused on possible U.S. Federal Reserve rate decisions, activity within the $XRP ecosystem has continued to grow without relying on macroeconomic catalysts. AI Agents Complete One Million XRPL Payments Birla said AI agents processed about one million payments on the $XRP Ledger (XRPL) in roughly one month. He cited on-chain data from AI payments platform t54ai. According to Birla, the milestone shows software autonomously paying…

Crypto markets will continue advancing even if Congress fails to pass the Clarity Act before the Senate’s August recess, according to Bitwise Chief Investment Officer Matt Hougan. In a Tuesday report, Hougan described this week as a critical period for the legislation, which seeks to establish a comprehensive US regulatory framework for digital assets and divide oversight responsibilities between the Securities and Exchange Commission and the Commodity Futures Trading Commission. Hougan said senators would need to file for cloture by Wednesday for the bill to have a realistic chance of receiving a vote before lawmakers leave Washington. The Senate’s official…

Tether recently executed a significant transfer of $500 million $USDT from Binance to Tether Treasury, as reported by the well-known on-chain tracking account @whale_alert. The transfer occurred on July 30, 2026, at a moment when the broader digital asset market was showing mixed signals about future direction. Key takeaways Tether transferred $500 million $USDT from Binance to Tether Treasury. The move was first reported by the on-chain monitoring account @whale_alert, a widely followed tracker of large crypto transactions. $USDT remains the largest stablecoin by market capitalization, giving any large transfer significant attention. The transfer coincided with Bitcoin rebounding toward the…

Smart contracts are powerful, but they are also blind. They cannot see prices, read weather data, or verify that a payment arrived in a bank account. Oracles are the infrastructure that connects blockchains to the outside world, and the security of more than $200 billion in DeFi depends on them working correctly. Most explanations of blockchain oracles start with a definition and stop there. They tell you that an oracle is a bridge between a blockchain and the outside world, which is true but insufficient. It is like saying a power grid is a bridge between a generator and a…

With Bitcoin [$BTC] attempting to stabilize near $65,200, Short-Term Holder (STH) behavior is becoming increasingly important for its recovery. In fact, at the time of writing, the 30-day STH SOPR had risen to 0.997, placing it just below the neutral 1.0 threshold. The fact that STHs are making a small loss on sales right now suggests they may be less likely to sell now than when the price was near 0.98 back in March. Short-term holders have shown similar recoveries to this one previously, hitting the break-even point in January and May. However, the same soon fell back. Source: CryptoQuant…