Author: NBTC

Undefined Labs, a blockchain technology firm, has announced a strategic partnership with EthSystems, an Ethereum ecosystem developer, to support the adoption of Ethereum by South Korean financial institutions. The collaboration aims to help these institutions integrate Ethereum into real-world financial infrastructure while meeting stringent security, privacy, and regulatory requirements. Partnership Details and Objectives The partnership was announced via a post on X (formerly Twitter) by Undefined Labs. EthSystems, which specializes in building Ethereum-based solutions, will work with Undefined Labs from the initial review stage through the deployment of live operating systems. This end-to-end approach is designed to ensure that the…

Federal Reserve Chairman Kevin Warsh is reportedly prepared to support a rate hike at the September meeting if inflation data, due to be released in the coming weeks, remains high. According to a Financial Times report citing sources close to Warsh, the Fed chairman is open to tightening monetary policy if inflation comes in stronger than expected and expectations of further increases in market borrowing costs rise. Following the news, expectations of an interest rate hike in the markets strengthened. In the futures market, the probability of the Fed raising the policy rate by 25 basis points in September is…

As partnership and investment news continues to emerge in the cryptocurrency market, the latest news comes from Ripple (XRP), one of the most important names in the market. Accordingly, Ripple has made a strategic investment in the on-chain service provider Notabene. Notabene, a provider of compliance-focused on-chain transaction services, announced in an official statement that it has received a strategic investment from Ripple. However, the amount of the investment was not disclosed. “Notabene received a strategic investment from Ripple.” By integrating $RLUSD into Notabene Flow and exploring how trusted payment authorization can complement Ripple Payments, we will collaborate to expand…

Senate Majority Whip John Barrasso is the latest lawmaker to call for action on the crypto Clarity Act, though recent developments show work on the bill may be slowing. Speaking to the Senate Thursday, Barrasso reminded lawmakers that the U.S. passed the first major digital asset bill last year, the Genius Act, and the same bipartisan work was necessary for the Clarity Act. Lawmakers are rushing to get a vote on the Clarity Act before a five-week recess this week. Some Republicans have criticized Democrats for dragging their feet with the bill and deliberately being pernickety. JUST IN: Senate Majority…

Japan’s financial regulator has asked crypto exchanges to introduce withdrawal delays and other safeguards as authorities respond to increasingly sophisticated scams involving digital assets. On Thursday, the Financial Services Agency (FSA) said it had jointly requested the measures with the National Police Agency amid growing losses among crypto exchange users and cases where funds obtained through fraudulent schemes are being transferred to exchange accounts. The request calls on exchanges to restrict crypto withdrawals for a specified period after customers deposit fiat currency or purchase digital assets. Platforms were also asked to require users to pre-register crypto withdrawal addresses and impose…

The Ethereum ($ETH) price has once again failed to clear the $1,936–$1,948 resistance zone, leaving bulls struggling to extend the recent recovery. Despite several attempts to push higher, $ETH continues to face selling pressure around this key barrier, raising questions over whether buyers can finally gain enough strength to break above it. With the price now consolidating below resistance, what could be next for $ETH? Ethereum Price Analysis: RSI Signals Fading Momentum Ethereum’s repeated rejection from the $1,936–$1,948 resistance zone is becoming more significant as momentum indicators fail to strengthen. The RSI is hovering around the 50 level, showing little…

This morning, Jefferies slashed its price target on SanDisk stock 42% from $3,000 to $1,750. ZeroHedge laughed out loud at the drastic action. Just six weeks ago, on June 26, analysts at the investment bank had set their $3,000 price target. Nonetheless, SanDisk stock price is down, even after the AI chipmaker reported the best quarterly earnings in its history yesterday. Its most recent quarterly revenue was a 372% year-over-year gain to $8.97 billion, far surpassing its own guidance range of $7.75-8.25 billion. Non-GAAP gross margin landed at 84.6%, dwarfing the prior year’s 26.4% and beating its guidance range of…

Today, TRON DAO announced the launch of its H1 Research Report, which focuses on how TRON is evolving into an infrastructure layer for applications. This announcement was amplified by a widely shared post from @trondao, emphasizing the project’s commitment to enhancing its ecosystem. What Went Down The broader crypto market is currently exhibiting mixed signals, as many assets experience varying momentum. Amidst this backdrop, TRON’s announcement regarding its H1 Research Report stands out, highlighting a strategic pivot towards becoming a foundational layer for decentralized applications. This move signifies TRON’s ambition to enhance its utility and competitiveness within the multichain ecosystem,…

MiCA’s Current Implementation Leaves EU Users ‘Unprotected or Cut Off’ While the implementation of full Markets in Crypto Assets (MiCA) provisions has closed the gap regarding the operation of unlicensed exchanges in Europe, it has also brought major disruptions to the stablecoin ecosystem due to its restrictive licensing approach for issuers. Patrick Hansen, Senior Director of EU Strategy & Policy at Circle, raised concerns about the state of the regulated stablecoin ecosystem in Europe and how the current framework leaves European customers outside the safety nets that MiCA provides. Hansen explained that MiCA has led to the licensing of 35…

Bridge Building, the Luxembourg-based entity behind Stripe-owned stablecoin infrastructure company Bridge, has joined the European Union’s Markets in Crypto-Assets Regulation (MiCA) register after receiving regulatory approval in Luxembourg. Bridge’s inclusion brings the number of MiCA-authorized electronic money token (EMT) issuers in the EU register to 42, according to the latest European Securities and Markets Authority (ESMA) update published on Wednesday. The addition came weeks after Bridge announced on July 2 that it had secured a Crypto-Asset Service Provider (CASP) authorization under MiCA and an Electronic Money Institution (EMI) licence from Luxembourg’s Commission de Surveillance du Secteur Financier. Bridge’s Head of…