Author: NBTC

Bitcoin, Ethereum and $XRP avoided another major crash after the Federal Reserve delivered its first interest-rate hike since 2023. The Fed raised its benchmark rate by 25 basis points to 3.75%-4.00%, citing persistent inflation despite continued economic growth. Bitcoin initially moved higher following the decision before settling around $76,000. Ethereum traded near $2,400, while $XRP remained around $1.28. The relatively calm reaction came after an already brutal week for crypto, with the CLARITY Act failure sending Bitcoin below $75,000 and triggering another wave of leveraged liquidations. Why Didn’t Bitcoin Crash After the Fed Hike? The biggest reason is expectations. Markets…

Amid growing interest in decentralized finance, institutions are looking into Solana’s capabilities in this space. Daniel Allon from Fireblocks discussed the complexities of compliance and the need for effective integration with Solana’s DeFi infrastructure. This conversation reflects a broader trend where financial institutions are seeking to leverage blockchain technology while navigating regulatory landscapes. For more details, check the full discussion here. Breaking It Down The recent discussion led by Daniel Allon, Senior Product Manager at Fireblocks, highlights the increasing institutional interest in Solana’s DeFi ecosystem. Allon emphasized that while many institutions are eager to engage with DeFi on Solana, they…

Taking to X, Circle announced on August 26, 2026, that LuLu Financial Holdings (LFH) has reduced cross-border settlement costs by 25% to 30% as it has adopted $USDC and Circle Mint for remittance flows across the GCC, MENA and APAC regions. Circle and LuLuFin also reported a 40% rise in settlement volume and beneficiary crediting in less than a minute once settlement is completed. Banking Hours Meet a 24/7 World People can send money home at any time of the day but doing that with a traditional banking system means that the money does not always move at the same…

The Onchain Foundation, formerly known as the Lisk Foundation, has announced a $1 million buyback of its native $LSK token, scheduled to take place over a 45-day period starting August 3. The foundation described the current weakness in the altcoin market as a strategic opportunity to increase its $LSK holdings, framing the move as part of a broader treasury strategy to reaffirm its long-term commitment to the Lisk ecosystem. Strategic Timing and Market Context The buyback comes at a time when many altcoins, including $LSK, have experienced significant price declines amid broader market uncertainty. By purchasing $LSK during this downturn,…

Sports gaming firm Underdog has sued Connecticut officials in federal court to stop the state from treating its sports event contracts as illegal gambling, extending its legal fight against state regulators to a sixth jurisdiction. According to Underdog’s lawsuit filed Tuesday, the company operates a federally regulated designated contract market, or DCM, and its contracts therefore fall under the Commodity Futures Trading Commission’s jurisdiction. Underdog argued that Connecticut cannot separately regulate the products under state gambling laws. NEW: Underdog has filed a federal lawsuit against Connecticut in response to the State’s demand that the prediction market cease and desist from…

Column has rolled out a broad set of banking tools built around stablecoin infrastructure, letting fintech companies move between crypto and traditional dollars without stitching together separate banks, processors and payment providers. The company unveiled four products at once: stablecoin conversion, card issuing, global banking and multicurrency accounts, all running on a single platform it built itself. Key takeaways Column launched four new financial infrastructure products covering stablecoins, card issuing, global banking and multicurrency accounts. $USDC and $USDT can now be converted into U.S. dollars and linked to domestic and international payment rails 24/7. Column built its own issuer processor,…

Chainlink has announced an expansive update to its blockchain services, strengthening its position in the digital finance landscape. As detailed in a recent tweet, the integration now spans several key platforms, including CCIP, Arc, and MOVA, among others. This move is set to enhance the utility and functionality of Chainlink’s offerings, which are crucial for onchain finance discussions moving forward. Inside the Move Chainlink’s latest expansion highlights its commitment to providing robust services across various blockchains. The integration of CCIP, along with new data streams and feeds, aims to bolster the overall digital finance ecosystem. While the broader crypto market…

Zerohash submitted a second application for a U.S. national trust bank charter on Aug. 19, approximately one month after the Office of the Comptroller of the Currency returned its original filing. The OCC’s record lists the proposed institution as Zerohash National Trust Bank. It would be based in Asheville, North Carolina, and operate under a holding company structure if approved. The regulator opened public comments on Aug. 18. Comments must arrive by Sept. 17, giving interested parties 30 days to respond. The public record currently lists the application as received. It does not show an approval, denial or other regulatory…

As the $XRP Ledger (XRPL) saw a 13% decline in network activity and a 4% sell-off in $XRP price over the last 30 days, its transfer volume for Real World Assets (RWA) tumbled by more than $563 million. The $XRP Ledger’s 30D RWA transfer volume crashed by 96.88% over the past 30 days, according to data from RWA.xyz. As such, the XRPL had a RWA transfer volume of $18.15 million on August 3, down from $581.5 million 30 days ago. $XRP Ledger tokenization change for 30 days. Source: RWA.xyz During the same period, the XRPL recorded a 23% increase in…

In brief Crypto firms can apply for UK authorization from September 30 to February 28, 2027, ahead of the regime taking effect on October 25, 2027. Overseas firms dealing, arranging or safeguarding for UK retail customers are caught, with no overseas persons exclusion available. Missing the February deadline costs firms the transitional cover that lets them keep operating while their application is assessed. Britain’s Financial Conduct Authority has told crypto firms how its incoming rulebook applies to them, publishing perimeter guidance on Wednesday, two weeks before applications for authorization open. The guidance covers issuing qualifying stablecoins, running trading platforms, dealing…