Author: NBTC

Ink, the Kraken-incubated OP Stack L2, has seen its total value locked fall approximately 33% over the past week. The drop traces back to the April 18 KelpDAO rsETH exploit, which left roughly $195 million in bad debt across lending markets. Ink’s concentrated rsETH exposure through its Tydro lending markets accelerated the outflows. Ink has recorded a total value locked drop of approximately 33% over the past week and 34% to 35% over the past month, according to DefiLlama chain rankings. The drop has drawn attention not because Ink itself was directly hacked but because its lending infrastructure carried concentrated…

The cryptocurrency ecosystem is experiencing unprecedented network growth, and Ethereum ($ETH) is a part of this growth. Cryptocurrency analysis platform Santiment has revealed the networks with the most wallet owners. And the Ethereum network is about to reach a historic milestone. According to this, the Ethereum network is approaching 190 million users for the first time in its history, while Bitcoin ($BTC) is nearing the 60 million user mark. Santiment also revealed the user numbers for Tether, $XRP, and other major cryptocurrencies besides $ETH and $BTC. According to Santiment data, Ethereum leads the crypto ecosystem with 190 million users. This…

Circle shares have surged over 120% since early February as William Blair says $USDC’s market share, cross‑chain reach, and payments moat are being repriced as core settlement infrastructure. Summary Circle stock has climbed roughly 120–126% off early‑February lows, far outpacing most crypto equities after blowout Q4 earnings and $USDC‑driven revenue beats. William Blair argues the rally reflects a re‑rating of $USDC as a payments “base layer,” with Circle’s compliance, banking ties, and cross‑chain integrations forming a durable moat. Growing $USDC volumes, on‑platform balances and merchant/fintech adoption are reinforcing a stablecoin settlement flywheel that underpins Blair’s “outperform” rating on Circle. Circle’s…

Recent discussions around $XRP have been fueled by institutional commentary and regulatory expectations. Insights linked to Grayscale Investments suggest that regulatory clarity could significantly influence $XRP’s valuation. 🚨$XRP WILL EXPLODE OVERNIGHT!!! (GRAYSCALE DROPS A HUGE WARNING ON RIPPLE $XRP!)🚨Grayscale’s Head of Research just issued a MAJOR WARNING — saying a massive repricing of Ripple $XRP could happen the moment the CLARITY Act is passed.Grayscale also owns almost 50 MILLION $XRP —… pic.twitter.com/W5yldcNxXB — Crypto X AiMan (@CryptoXAiMan) March 30, 2026 A key trigger in this narrative is the proposed CLARITY Act, which aims to define how digital assets are regulated…

South Korea’s three largest cryptocurrency exchanges — Upbit, Bithumb, and Coinone — have jointly announced the delisting of Drift (DRIFT). The token will be removed from all trading pairs at 6:00 a.m. UTC on June 1, 2025. This coordinated action marks a significant regulatory and market event for the Drift protocol and its holders. Why Upbit, Bithumb, and Coinone Are Delisting DRIFT Exchanges regularly review listed assets for compliance, liquidity, and security. Upbit, Bithumb, and Coinone follow strict internal guidelines aligned with South Korea’s Financial Services Commission (FSC) regulations. The delisting of DRIFT likely stems from one or more of…

xStocks has launched over 50 tokenized U.S. equities on $BNB Chain, giving users access to assets like Apple, Tesla, NVIDIA, and the S&P 500 directly from a crypto wallet. Trading is live now on PancakeSwap and CowSwap, with 1inch integration coming soon. Users can start with as little as $10, and markets are accessible 24 hours a day, five days a week, with no brokerage account required. xStocks are live on @BNBCHAIN.Over 50 tokenized stocks and ETFs now accessible on one of the largest and most active blockchain ecosystems in the world, with more than 100 to follow in the…

The Sky token price experienced a notable decline of 2.4% immediately following the announcement of a record $124 million in revenue for the first quarter. This paradoxical market reaction stems from the DeFi lending platform’s decision to channel its earnings into an emergency fund rather than distributing them to token holders. The platform, formerly known as MakerDAO, reported its strongest quarterly performance ever, yet investors reacted negatively. Sky Token Price Drop Defies Record Revenue Sky, the rebranded DeFi lending protocol, achieved $124 million in revenue during Q1. This figure represents a significant milestone for the platform. However, the Sky token…

Crypto markets held their ground on Thursday while U.S. stocks dropped and oil rallied. Bitcoin ($BTC) is trading at around $70,200, unchanged over the past 24 hours. Meanwhile, $ETH is also flat at $2,070, and SOL is down 1% to $86. $BTC Chart The overall crypto market capitalization slipped 0.2% to $2.48 trillion, according to Coingecko. Crude oil (WTI) is inching back towards $100 per barrel despite yesterday’s pledge from the International Energy Agency (IEA) to release 400 million barrels from emergency stockpiles. The S&P 500 and the Nasdaq dropped 1.5% and 1.8%, respectively, amid concerns about a downturn in…

A series of large transactions in Ripple’s treasury was recorded at the end of March and, accordingly, Q1 of 2026. Within a few hours, a total of about 128 million $RLUSD tokens were removed from circulation, equivalent to the same amount in U.S. dollars. Data from Etherscan confirms five consecutive burn transactions, the largest of which amounted to 79 million $RLUSD. What $49 million $RLUSD supply drop tells us about institutional demand As a result, these actions led to a local reduction in the market supply of the stablecoin, which Ripple is actively promoting as a regulated alternative to market…

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced a critical service interruption. The platform will temporarily suspend all deposits and withdrawals on the $BNB Smart Chain (BEP20) network. This pause, scheduled for wallet maintenance, begins at 5:55 a.m. UTC on May 5, 2025. Users must prepare for this disruption to avoid failed transactions or delays. Binance BEP20 Suspension: Exact Timeline and Scope The maintenance window opens precisely at 5:55 a.m. UTC on May 5. Binance has not provided a specific end time. Historically, similar wallet upgrades last between two and six hours. The suspension affects all BEP20…