Author: NBTC

The Ethereum Foundation is set to host its 15th Ask Me Anything (AMA) session, inviting community members to pose questions about the future of Ethereum. This initiative reflects an ongoing commitment to transparency and engagement within the Ethereum community, especially following a series of innovative engagement strategies implemented this August, including a Pokémon card airdrop. The upcoming AMA aims to deepen community involvement and enhance the dialogue on Ethereum’s development, which is vital for maintaining trust and collaboration among stakeholders. For more details, check the announcement on Twitter. What Happened Scheduled for tomorrow at 4 PM UTC, the AMA will…

Institutional interest in cryptocurrency continues to grow, but a new survey reveals a significant gap between budget allocations and actual deployment. According to research by Fireblocks, a crypto infrastructure firm, 89% of financial institutions have allocated budget for crypto infrastructure this year or plan to do so. Yet only 16% have built and operated the infrastructure, leaving most in the planning or pilot stages. Budget vs. Reality: The Deployment Gap Fireblocks surveyed 638 executives at financial institutions worldwide. The findings show that while an overwhelming majority recognize the strategic importance of digital assets, the industry is still grappling with practical…

Canary Capital filed Amendment No. 2 for a proposed Staked $SEI ETF, sending $SEI sharply higher as traders reacted to the revised structure. The fund would hold spot $SEI, stake roughly 90% of its holdings and use BitGo as its sole custodian if approved. CoinMarketCap showed $SEI up about 25% in 24 hours, while surging volume and fresh weekly and monthly highs reflected strong short-term market attention after the filing. $SEI jumped sharply after Canary Capital filed Amendment No. 2 to its S-1 registration statement for a proposed Staked $SEI ETF. CoinMarketCap data showed the token near $0.059, up about…

Ripple CEO Brad Garlinghouse pushed back Sunday on the idea that the CLARITY Act represents a watered-down compromise, responding to Treasury Secretary Scott Bessent’s public reaffirmation of support for the bill. “This bill isn’t just a compromise, it’s the product of real, substantive trades policymakers made to get here,” Garlinghouse wrote, adding that those trades “weren’t small.” His message to lawmakers was, “The world is watching and voters are watching. Now is the time to vote yes.” What Bessent Said That Prompted the Response Bessent’s post, which Garlinghouse was reacting to, reiterated the administration’s view that CLARITY is essential to…

Uniswap has officially launched its new feature, Ink, across its web app, wallet, and API, significantly expanding its liquidity offerings. The announcement, shared by the @Uniswap Twitter handle, highlights the platform’s commitment to facilitating global financial transactions. Users can now swap and provide liquidity seamlessly on this Layer 2 solution. This move could increase user engagement and trading volumes in the decentralized finance space, as noted in their official tweet. What Happened The broader cryptocurrency market is currently exhibiting mixed signals, with various assets showing different momentum levels. Uniswap’s launch of Ink is particularly timely, as it aims to enhance…

Virtuals Protocol has launched Occupy on Base, a new initiative allowing token holders to elect AI Senates for managing stock treasuries. This innovative governance model could significantly impact how decentralized finance operates by promoting community-driven decision-making. The announcement was made through a tweet by @virtuals_io, highlighting the importance of this launch for the crypto ecosystem. Source Breaking It Down The launch of Occupy on Base marks a significant evolution for Virtuals. This platform allows different tokens to contribute to shared stock treasuries, where holders elect AI Senates to oversee capital allocation. Furthermore, Virtuals has also gone live on Arc, enabling…

Bitcoin’s price has plunged to slightly below $75,000 in minutes, losing more than 2.3% throughout the past 24 hours. The sudden move comes immediately after it became evident that the Digital Asset Markets CLARITY Act will not get the necessary votes to advance without further debate. Source: TradingView The move also comes amid a massive uptick in liquidations, which soared by over 200% in the past day. The total number is currently around $760 million, where over $290 million of that were liquidated in the past hour alone, amid the serious volatility. Source: Coinglass The rest of the market is…

Super League Enterprise has raised approximately $2.23 million through its first at-the-market stock offering since announcing a deal that would turn the Nasdaq-listed company into Metaplanet’s U.S. Bitcoin treasury platform. According to an Aug. 21 prospectus amendment filed with the U.S. Securities and Exchange Commission, Super League sold 475,598 common shares for gross proceeds of approximately $2.23 million under an agreement signed three days earlier. The filing did not disclose the average selling price for the shares or the net proceeds after commissions and other offering costs. Dividing the reported gross proceeds by the number of shares sold gives an…

Sui’s ecosystem is making waves as it reportedly reached $550 million in Total Value Locked (TVL), reflecting an expanding DeFi, stablecoin, and gaming infrastructure. According to a recent tweet by commentator @Route2FI, the coin has surged over 50% in just a few days, although it remains significantly below its all-time high. This growth highlights the potential for Sui to capture a larger market share moving forward. Inside the Move The Sui Network is currently experiencing a notable resurgence, reflected in its growing TVL of $550 million. This increase underscores its evolving ecosystem, which is branching out into various sectors, including…

The dispute regarding the CLARITY Act has become a straightforward question: will Americans choose to keep their cash in banks or will they use dollar-pegged stablecoins with promising rewards? Before the Tuesday Senate vote, eight banking organizations requested that lawmakers to establish stricter regulations regarding incentives for using stablecoins. Their position is simple: when deposits leave the banks, they lose a reliable and inexpensive source of funding and availability of cash. The importance of this question arises from the fact that banks use deposits to provide loans. In May, Cryptopolitan wrote that in the U.S. banks use about 80% of…