Author: NBTC

Pre-launch DeFi lending protocol Lotus has announced that WisdomTree’s Treasury Money Market Digital Fund (WTGXX) will serve as part of the reserve framework backing LotusUSD, its core vault token, according a press release shared with The Defiant. The DeFi protocol said the move marks one of the first instances of a money market fund being referenced within a DeFi lending protocol. LotusUSD reserves are composed of USDC and tokenized short-duration U.S. Treasuries. According to the release, WTGXX integration is designed so that lenders earn a baseline yield even at zero utilization, sidestepping the structural problem in standard DeFi lending where…

Blockstream CEO Adam Back, the British cryptographer and inventor of Hashcash, said it’s “flattering” that people think he’s Satoshi Nakamoto and was probably the result of his being a little too “talkative” on the cypherpunk mailing list that started it all. Back was speaking in a fireside chat with Cointelegraph at the recent LONGITUDE event in Paris, co-hosted by crypto exchange OKX, with discussions centered on crypto regulation, market structure and the growth of stablecoins. Adam Back denies renewed suggestions that he invented Bitcoin “It is flattering in some sense that they think you could have done it,” Back told…

MoonPay has officially launched a virtual account service in New York State, marking a significant step in linking traditional fiat currency with stablecoins. This service, powered by technology from the acquired stablecoin infrastructure platform Iron, enables automatic currency conversion and settlement through API integration. It operates without requiring traditional banking infrastructure, offering a streamlined solution for businesses and individuals. MoonPay Virtual Account Service: Bridging Fiat and Stablecoins MoonPay, a leading cryptocurrency payment network, announced the launch of its virtual account service in New York State on [insert date if available, otherwise state ‘recently’]. This service directly connects fiat currency to…

Until last Friday, April 17, lending stablecoins into Aave, widely considered the gold standard of DeFi, paid 2.32% APY. The Federal Reserve’s overnight rate was 3.64%. Taken at face value, the market was pricing an unregulated, open-source smart contract as a lower credit risk than the United States Treasury. In 48 hours, that ended. The market did in real time what no regulator, auditor, or commentator had managed to do: it repriced DeFi credit risk. The mispricing Rank the dollar-credit options by yield before last weekend, and the hierarchy made no sense. Treasury overnight: 3.64%. Ledn’s investment-grade Bitcoin-backed ABS senior…

A coalition of U.S. crypto companies and trade groups called on the Senate Banking Committee to proceed with a markup of the Clarity Act, a bill that would create a federal framework for crypto markets. In a letter to Chairman Tim Scott, Ranking Member Elizabeth Warren Subcommittee Chairwoman Cynthia Lummis and Ranking Member Ruben Gallego, the group argued that action by government agencies alone cannot deliver stable rules. The letter cites the risk of returning to “regulation by enforcement,” referring to a series of court cases brought by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission…

In a significant move for the cryptocurrency market, Robinhood lists spot Zcash ($ZEC), bringing the privacy-focused digital asset to millions of retail traders. The announcement, made on [Date – e.g., March 21, 2025], marks a pivotal moment for Zcash as it gains access to one of the most popular trading platforms in the United States. This listing underscores a growing trend of mainstream exchanges embracing privacy coins despite regulatory scrutiny. Understanding the Robinhood $ZEC Listing Robinhood Markets Inc., known for democratizing finance, has added spot Zcash trading to its platform. Users can now buy, sell, and hold $ZEC directly, without…

Lotus is pushing DeFi lending into unfamiliar territory by building its reserve framework around WisdomTree’s Treasury Money Market Digital Fund, known as WTGXX. The move matters because Lotus is not simply adding another crypto-native collateral asset to its stack; it is leaning on a regulated tokenized money market fund that is designed to preserve capital, maintain liquidity, and keep a stable $1.00 net asset value. That gives LotusUSD, the protocol’s lending asset, a reserve structure that looks much closer to traditional cash management than to the yield-chasing mechanics that have defined much of DeFi lending to date. What makes the…

The Digital Asset Market Structure CLARITY Act is hitting a key moment, with Senate talks now slipping into May due to delays around stablecoin rules. Most issues are close to being sorted, but timing is becoming the real problem. According to the reports, with a tight calendar and a possible July vote window, the bill still has a shot in 2026, but there’s very little room left for further delays. Against this backdrop, WalletConnect CEO Jess Houlgrave, in an exclusive interview with Coinpedia, shared her take on what this means for crypto adoption and where the Clarity Act still falls…

Phoenix, a crypto analytics platform, has published a list of top centralized cryptocurrency exchanges (CEXEs) by monthly web traffic across various countries. The term ‘Web Traffic’ refers to the total volume of users, or visitors, who navigate to and search a specific website within a selected timeframe. #WEB TRAFFIC TO CEXES FOR THE LAST MONTH #Binance #Coinbase #OKX #Kucoin #Gate #Bybit #Kraken #Upbit #$HTX pic.twitter.com/MgWr1jfzXP — PHOENIX – Crypto News & Analytics (@pnxgrp) April 23, 2026 This Web Traffic is measured by determining the total number of visitors, who visit, the month change, and pages turned over per visit, from…

This was a rough week for DeFi. The LayerZero exploit and the rsETH spillover triggered a broad risk-off move. Liquidity pulled back, trust assumptions were tested, and capital rotated away from anything perceived as fragile. Against that backdrop, it makes sense to look at how individual protocols behaved under pressure. Below is a breakdown of what happened inside Curve over the past week. Market Overview This week tested the entire DeFi stack. The LayerZero exploit and the rsETH contagion from KelpDAO triggered a broad risk-off reaction and exposed fragile trust assumptions across protocols. Against that backdrop, Curve held up with…