Author: NBTC

Ethereum’s network activity has climbed to its highest point in months, with daily active addresses reaching 989,500 over the past 24 hours, according to data from Santiment. This marks the strongest daily engagement since March, signaling a renewed uptick in user interaction with the world’s second-largest blockchain by market capitalization. What the Data Shows Santiment, a leading on-chain analytics platform, tracks the number of unique addresses that successfully participated in a transaction on a given day. The recent spike to nearly 990,000 active addresses indicates a broad increase in on-chain activity, which can be driven by various factors including decentralized…

CoinDesk’s subsidiary and affiliate Bullish reported a 42.9% year-over-year drop in July trading volume even as its company-defined average trading spread widened 72.4%. The two figures produced a derived volume-times-spread proxy that remained slightly below its level a year earlier, so the wider spread did not fully counter the loss of activity on that calculation. The exchange operator reported a total trading volume of $30.7 billion in unaudited monthly metrics released Aug. 6, down 39.7% month over month. Average trading spread rose to 2.62 basis points from 2.56 basis points in June and 1.52 basis points a year earlier. Multiplying…

Ripple has launched Ripple Mint, a platform that allows institutional customers to mint, redeem, bridge, and manage Ripple USD through a web interface or direct software integration. The platform adds APIs and webhook notifications, allowing exchanges, market makers, fintechs, and other institutions to automate $RLUSD operations through their internal systems. Customers can initiate redemptions for fiat settlement, move $RLUSD across supported blockchains, access account balances, track transaction status, and receive real time updates covering fiat deposits, mint processing, onchain settlement, and payouts. Consistent reference identifiers connect each stage of a transaction, giving institutions visibility across fiat and blockchain activity while…

Cardano founder Charles Hoskinson has criticized U.S. Senator Elizabeth Warren following her latest comments opposing the current version of the CLARITY Act. Hoskinson’s remarks come as the debate over the CLARITY Act continues to intensify, with lawmakers remaining divided over the best framework for overseeing digital assets. Warren Backs Crypto Regulation but Rejects the CLARITY Act During a recent interview, Warren reiterated that she supports regulating the cryptocurrency industry but argued that the CLARITY Act, in its current form, falls short. According to her, the legislation was designed to benefit the crypto industry rather than protect consumers. She contended that…

Pump.fun, the Solana-based memecoin launchpad, has transferred approximately $6.3 million in Solana ($SOL) to the cryptocurrency exchange Kraken. The move, detected by on-chain analysts, is part of the platform’s broader strategy to monetize the fees generated from its token creation services. Details of the Transfer Blockchain data shows that the transfer occurred in a series of transactions from a wallet associated with Pump.fun. The funds, totaling around 26,000 $SOL at current market prices, were sent to a Kraken deposit address. This marks one of the largest single moves of $SOL by the platform to an exchange in recent weeks. Pump.fun…

Neo SPCC released NeoFS S3 Gateway v0.45.1 on Aug. 4, a patch update delivering three performance optimizations and a metadata fix to the S3-compatible interface for NeoFS decentralized storage. Two of the three improvements are enabled by NeoFS SDK Go RC21, which shipped days earlier alongside NeoFS Node v0.55.0. The release builds on S3 Gateway v0.45.0, the major July release that introduced namespace configuration, simplified EACL rules, and removed legacy access box support. As a patch, v0.45.1 requires no migration for existing v0.45.0 users. Write buffering, ranged GET optimizations The first optimization adopts the io.ReaderFrom interface for the object payload…

Nasdaq-listed company Nakamoto (ticker: NAKA) has sold 600 Bitcoin and related derivatives to repay outstanding debt, the firm announced in a press release. The transaction reduces the company’s total Bitcoin holdings to 4,467 $BTC, marking a notable shift in its corporate treasury strategy. Debt Reduction Through Bitcoin Liquidation Nakamoto, which has been strategically accumulating Bitcoin over the past several quarters, opted to liquidate a portion of its holdings to address debt obligations. The company did not specify the exact amount of debt repaid or the terms of the derivatives involved. However, the move signals a pragmatic approach to balance sheet…

The Financial Action Task Force (FATF) has introduced a new test that could bring some DeFi protocols under global anti-money laundering and counter-terrorism financing rules. The approach looks beyond whether a protocol describes itself as decentralized. Instead, regulators can assess who has control or sufficient influence over how a project operates, potentially bringing some DeFi platforms under requirements that apply to virtual asset service providers. The FATF calls the framework the “control or sufficient influence” test. Regulators can examine governance structures, smart-contract upgrades, treasury assets, fees and administrative permissions. They can also analyze blockchain activity to identify wallets or entities…

Circle says $USDC is the only one of the world’s ten largest stablecoins that currently complies with the European Union’s Markets in Crypto-Assets (MiCA) regulation. If accurate, the claim means the EU’s roughly 450 million residents no longer have regulated access to most major dollar-backed stablecoins, including Tether’s $USDT. The declaration comes as Europe fully implements its landmark crypto legislation, which is changing the landscape of which stablecoins are available for trading in the region and prompting discussions on whether MiCA has indeed gotten the balance between innovation and financial stability right. Only two Circle tokens made the compliant list…

A Solana-based memecoin linked to a Seattle raccoon named Jimothy surged roughly 60% in 24 hours after the official White House account posted about the animal on social media. According to on-chain analytics platform GMGN, the token’s market capitalization climbed above $40 million, with trading volume reaching $44 million during the same period. Background on Jimothy and the Memecoin Jimothy, a raccoon living in Seattle, gained widespread attention after a video posted by a local resident on July 14 amassed approximately 8 million views. The raccoon has visible physical abnormalities caused by a rare congenital disorder, which contributed to the…