Author: NBTC

Digital asset firm Taurus SA has officially deployed its first private stablecoin contract. The contract is build on the Aztec network, combining zero-knowledge proofs and compliance. According to a press release sent to crypto.news, what sets the token apart from the mainstream legacy stablecoins is its private contract which encrypts all balances and transfers. Apart from the user, the smart contract only allows authorized parties like issuers and regulators. The feature prevents third parties from monitoring crypto wallets, reverse-engineering investment strategies, or physically targeting users for their high-valued holdings. Private stablecoin contracts enable financial institutions to issue stablecoins for payment…

Avalanche and Filecoin now enable on-chain smart contracts to store off-chain data with verifiable proofs. The cross-chain data bridge helps developers reduce load while keeping performance high on Avalanche. Imagine being able to store large files like audit logs, NFT metadata, or KYC documents directly on a decentralized network—without slowing down the main chain. That’s the latest collaboration between Avalanche and the Filecoin Foundation. They’ve launched a cross-chain data bridge that allows smart contracts on Avalanche to store data directly to Filecoin, complete with on-chain verifiable proof of storage. This move isn’t just a feature addition. Avalanche brings the speed…

LONDON, June 24 (Reuters) – The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and urged countries to move rapidly towards the tokenisation of their currencies. The BIS, often dubbed the central bankers’ central bank, outlined its concerns, including stablecoins’ potential to undermine monetary sovereignty, transparency issues and the risk of capital flight from emerging economies. It comes less than a week after the U.S. Senate passed a bill to create a regulatory framework for U.S.-dollar-pegged stablecoins, a move which, if rubberstamped by the House, is expected to fuel a further explosion in…

Coinbase has launched wrapped versions of Cardano ADA and Litecoin LTC tokens on its layer-2 network, Base. The exchange disclosed this on X, months after it first said that the altcoins would have wrapped assets. According to the post, cbADA and cbLTC are ERC-20 tokens fully backed by ADA and LTC in Coibase custody. By enabling wrapped versions of these tokens, the exchange wants to enable their holders to use them within the Base ecosystem. It said: “cbADA and cbLTC are now live on @base. cbADA and cbLTC are ERC-20 tokens backed 1:1 by ADA and LTC held in custody…

Bitcoin miner revenues have slid to their lowest levels in two months, but there’s still no sign of forced selling, even as profitability falls.Daily mining revenue dropped to $34 million on June 22, the weakest since April and among the lowest levels over the past year, CryptoQuant said in a weekly report shared with CoinDesk. The drop comes as transaction fees decline and bitcoin hovers near local lows, reducing overall incentives for miners to stay online. Hashrate has dipped 3.5% since June 16, marking the most significant pullback in network computing power since July 2024. While modest, it reflects mounting…

Moca Foundation has announced the launch of Moca Chain, a Layer 1 blockchain focused on digital identity and user data. The chain will allow people, devices, and AI systems to manage and verify their digital credentials without using centralized platforms. The testnet is expected in Q3 2025, and the mainnet will follow in Q4 2025. Moca Chain will support verification of both on-chain and off-chain data across different blockchains. It will use decentralized storage, a cross-chain identity oracle, zkTLS (a method to prove web data), and on-chain verification. It is EVM-compatible and will use MOCA Coin for transaction fees, staking,…

Hong Kong is doubling down on its crypto and fintech ambitions with a clear message to the global market: it wants to become the go-to hub for cross-border digital asset management, and it’s giving itself two years to get there. Backed by a surge in fund registrations and a regulatory push to make crypto investing safer and more accessible, Hong Kong is rapidly positioning itself as a launchpad for digital finance in Asia and possibly the world. Its ambition is to go beyond being just another crypto-friendly jurisdiction. In a recent speech delivered at the Wealth Management Expo 2025, Paul…

Big news is making waves in the Web3 space! Humanity Protocol, the innovative project focused on preventing deep-fake issues using AI and blockchain technology, has just announced a significant move that’s set to energize a key part of the ecosystem. They are allocating a substantial sum – $2.2 million worth of their native H tokens – directly into the KaitoAI ecosystem. Understanding the Humanity Protocol Before diving into the specifics of the token allocation, let’s quickly touch upon what Humanity Protocol is all about. In an age where digital identity is increasingly crucial and simultaneously under threat from sophisticated AI-driven…

A recent ruling in a criminal court case classified crypto assets as money, which goes against the long-held crypto tax Australian office that counts crypto as capital gains. A court decision involving a federal police officer who allegedly stole 81.6 BTC in 2019 has resurfaced as more traders are contesting how cryptocurrency should be taxed in Australia. On May 19, Judge Michael O’Connell ruled that Bitcoin (BTC) should be treated as money rather than a taxable asset. This means that the judge declared that Bitcoin is more similar to the Australian dollar, rather than a speculative asset like gold, shares…

Kraken, one of the world’s oldest and most recognized cryptocurrency exchanges, has secured a Markets in Crypto-Assets (MiCA) license from the Central Bank of Ireland. The license allows the firm to offer fully regulated digital asset services across the European Economic Area (EEA). The approval is a major milestone for Kraken, which seeks to ramp up its European presence. The license will enable Kraken to offer services in all 30 EEA member states. MiCA began operating in 2024 and is viewed as the most extensive crypto regulation worldwide. It establishes clear rules for asset issuance, trading platforms, stablecoin issuers, and…