Author: NBTC

Layer-1 network Mavryk said it raised $10 million in a strategic investment led by financial derivatives provider MultiBank Group to expand its real-world asset (RWA) tokenization plans. Mavryk Network and MultiBank have an existing partnership to tokenize over $10 billion worth of real estate in the United Arab Emirates through the latter’s RWA platform. The two companies aim to broaden access to premium investments, such as real estate, according to an emailed announcement on Wednesday. The initiative is also supported by major digital asset custody provider Fireblocks, which provides the multiparty computation wallets that safeguard the tokenized assets on Mavryk’s…

Gary Gensler, the former chair of the U.S. Securities and Exchange Commission (SEC), might be out of office, but he is still being called out. The latest comes from Bitwise President Teddy Fusaro, who has criticized Gensler for mixing up U.S. crypto regulation. Bitwise president challenges Gensler’s “merit regulator” stance Fusaro’s response came as a reaction to an interview by Gensler with CNBC. The former SEC chair attempted to justify his crypto policies while in office by claiming the assets lacked intrinsic value. He suggested that this influenced his decisions while heading the regulatory body and, as such, he had…

The total amount of capital locked on decentralized finance (DeFi) protocols hit $170 billion on Thursday, a landmark figure as now all of the the losses from the 2022 Terra/LUNA ecosystem collapse and subsequent bear market have been erased. While Ethereum still commands the lion’s share of capital at 59%, newcomers including Coinbase-backed layer 2 network Base, HyperLiquid’s layer 1 blockchain and Sui have begun to chip away at Ethereum’s dominance, collectively amassing more than $10 billion worth of total value locked (TVL), representing around 6%. DeFi TVL by chain (DefiLlama) Investor trends have shifted in this recent cycle; institutional…

Ethereum whale wallet 0xdE03 made another big sale just 6 hours ago with 25,755 ETH valued at $117 million according to the Lookonchain data. The huge buyout is the most recent profit-taking action in a sequence of deliberate transactions over the past three years. Whale 0xdE03 sold another 25,755 $ETH($117M) 6 hours ago to take profits.Over the past 3 years, he withdrew 44,661 $ETH($107.7M) from exchanges at $2,411 avg and staked it, then deposited 45,132 $ETH($165.5M) to #Binance at $3,668 avg.He still holds 3,362 $ETH($15.2M), for a… pic.twitter.com/jjaeHPwPww — Lookonchain (@lookonchain) September 12, 2025 Strategic Withdrawals and Staking Over Three…

U.S. stocks were largely flat at the open on Wednesday as Wall Street awaited the Federal Reserve’s decision on interest rates and as Nvidia stock slipped following reports that China had banned local companies from buying the chipmaker’s semiconductors. Summary Dow Jones Industrial Average, S&P 500 and Nasdaq were largely flat on Wednesday morning. Wall Street’s muted open came as investor attention turned fully to the Federal Reserve and its upcoming interest rate decision. The Dow Jones Industrial Average hovered about 40 points lower, while the S&P 500 and Nasdaq Composite fluctuated near their respective flat lines. he subdued performance…

The U.S. Treasury Department is pushing forward with a narrow comment window on its preliminary, formal efforts to solidify the recently established stablecoin law into a set of regulations. This arm of President Donald Trump’s administration has opened what’s known as an “advance notice of proposed rulemaking” on Friday, which is an early step taken to gather information that will be used to put together an actual proposal. In this case, the government is asking for data on building out its requirements under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS) Act, including prohibitions on issuers, sanctions…

PACT SWAP now supports swaps across Dogecoin and Polygon without using wrapped assets or bridges. The two blockchains are the latest addition to its range of supported assets. Summary PACT SWAP adds support to Polygon and Dogecoin, enabling native permissionless swaps through the decentralized exchange. The protocol aims to grant customers lower fees and easier swapping between blockchains, even those that are usually incompatible. In a press release sent to crypto.news, the cross-chain decentralized exchange PACT SWAP now enables native permissionless swaps across the Dogecoin and Polygon blockchain. Starting September 18, swaps on the cross-chain DEX can be made without…

Analysts at cryptoquant.com say ethereum is riding “dual momentum,” pairing heavier institutional positioning with record onchain usage. Cryptoquant Report Notes Lower Selling Pressure While Ethereum’s Onchain Use Peaks In a recent analysis, Cryptoquant cites fund holdings that have roughly doubled since April 2025 to about 6.5 million to 6.7 million ETH, alongside wallet cohorts holding 10,000 to 100,000 ETH that now sit above 20 million ETH. The firm’s researchers note that large allocators are increasingly treating ethereum as a strategic asset, while cautioning that much capital is already deployed. Cryptoquant’s report adds that total ethereum staked has risen to a…

MoneyGram, the ubiquitous send and receive cash network for retail customers, has made U.S. dollar-pegged stablecoins and blockchain settlement rails the digital backbone of its revamped mobile app, the company said on Wednesday. Customers in the Latin American country of Colombia, where MoneyGram has an extensive retail network of over 6,000 locations, will be the first to use the new app to receive and store stablecoin payments, with plans to expand to additional markets in the near future. Colombia is the ideal launch market, says MoneyGram CEO Anthony Soohoo. It’s a major inbound remittance corridor where families receive more than…

The US Treasury Department has initiated the regulatory process by taking the first official steps under the recently enacted stablecoin regulation GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins Act). The Department, part of President Donald Trump’s administration, today opened an early phase of the proposed rule change process called “advance notice.” This phase is intended to gather input from the public and industry representatives to form the basis for any future formal regulatory proposal. As part of a one-month feedback period, the public and cryptocurrency companies will have until October 20th to submit their opinions. The Treasury’s…