Author: NBTC

Upbit, one of South Korea’s leading cryptocurrency exchanges, has announced new trading support for USDe (Ethena USDe), a digital asset developed by Ethereum. According to the announcement, USDe will begin trading in KRW, BTC, and USDT pairs. Trading support is scheduled to open on January 14th at 6 PM, while deposits will begin approximately 1.5 hours after the announcement is published. Upbit emphasized that USDe transactions will only be supported via the Ethereum network, warning that transfers from other networks will not be accepted. Users were also advised to carefully check the official smart contract address designated for USDe before…

French regulators announced this week that roughly 30% of crypto companies have not yet applied for a MiCA license. The news comes as a key regulatory deadline approaches, one that will decide whether these firms can legally continue operating. Though the European Union became the first jurisdiction to create a legal framework for crypto-assets, MiCA has faced pushback over its steep capital requirements and operational costs. France Faces Licensing Deadline Under the European Union’s Markets in Crypto-Assets (MiCA) regulation, crypto firms must obtain authorization from a national regulator to operate across the bloc. In France, companies have until June 30…

DZ Bank, Germany’s second-largest banking group, announced it has received MiCAR authorization from the German financial regulator BaFin. With this approval, DZ Bank gained the right to operate its cryptocurrency platform called “meinKrypto,” paving the way for member institutions of the cooperative banking group to offer cryptocurrency trading to their individual customers. According to a statement by DZ Bank, the “meinKrypto” service will be launched shortly. Initially, the platform will support transactions in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Cardano (ADA). The service will be offered individually by cooperative banks, and each bank will decide whether or not to…

Stablecoins are emerging as the backbone of blockchain gaming economies, with new industry research finding developers increasingly relying on fiat-pegged tokens to handle payouts, rewards, and cross-game transactions as they move away from speculative design models. Stablecoins processed an estimated $27.6 trillion in transfer volume in 2024, a scale that the Blockchain Gaming Alliance’s 2025 report highlighted now exceeds the combined volumes of Visa and Mastercard. More broadly, they account for about 30% of all crypto transactions, with USDT and USDC accounting for more than 90% of the fiat-backed supply, per the report.  The report also found that confidence…

Coinbase CEO Brian Armstrong Accuses Banks of Undermining Trump’s Crypto Agenda Coinbase CEO Brian Armstrong has accused major U.S. banks of attempting to sabotage President Donald Trump’s pro-crypto agenda, warning that proposed changes to a Senate market structure bill could stifle innovation, ban entire categories of digital assets and strip Americans of the ability to earn yield on stablecoins. In a wide-ranging interview with Fox Business anchor Maria Bartiromo on Mornings With Maria, Armstrong said the latest draft of legislation emerging from the Senate Banking Committee represents a “giveaway to the banks” that risks regulatory overreach and undermines recent bipartisan…

In a significant on-chain transaction that captured immediate market attention, the prominent crypto market maker DWF Labs executed a substantial withdrawal of Frax Share (FXS) tokens from Binance. According to data from the analytics platform Onchainlens, an address widely associated with DWF Labs moved 6.93 million FXS, valued at approximately $5.41 million, from the leading global exchange to a private wallet. This move, observed globally on March 21, 2025, represents a classic bullish signal that analysts often interpret as a shift from trading to long-term holding. Consequently, the transaction has sparked extensive discussion regarding the strategic intentions of major liquidity…

The NFT market recorded $61.5 million in sales volume over the past week, posting a modest 1.52% increase from the previous period. Summary NFT sales hit $61.5M, while buyers surged 121% and sellers rose nearly 99%. Ethereum led blockchains with $29M in NFT sales and a 421% jump in buyers. Bitcoin NFTs dominated top sales as BTC reclaimed $95K and ETH crossed $3.2K. While the sales figures show minimal movement, the real story lies in market participation. NFT buyers jumped 120.90% to reach 134,743, while sellers increased by 98.69% to 111,756. This has happened at a time when Bitcoin (BTC)…

In China, where Bitcoin (BTC) and cryptocurrency bans continue, a “Dogecoin (DOGE)” crisis has erupted. According to China News Weekly, a user at China Construction Bank transferred 250 yuan to her husband a few months ago, writing “Dogecoin” in the description. The China Construction Bank then took action, determining that the statement was related to cryptocurrencies, and blocked the user’s account. China Construction Bank stated, “The bank announced that this note violated cryptocurrency governance regulations and suspended deposits and withdrawals from the account.” The woman applied for the account to be unblocked on the condition that her husband provide transaction…

Key Takeaways Kalshi reports a 68% probability for Elon Musk’s lawsuit success against OpenAI after new evidence emerged. OpenAI documents reveal internal discussions about shifting to a for-profit model, sparking legal tensions. The odds that Elon Musk will win his lawsuit against OpenAI have jumped to 68% on prediction market Kalshi following the release of new court filings suggesting OpenAI leadership contemplated a for-profit pivot earlier than publicly acknowledged. At one point, Musk’s winning chances approached 72% as investors reacted to the revelations in the filings. The documents, submitted by Musk’s legal team, include a section titled “Brockman’s Personal Files,”…

In a significant development for the Solana ecosystem, the Backpack Exchange has launched a private beta for its groundbreaking Unified Prediction Portfolio. This innovative platform integrates spot trading, perpetual futures, and prediction markets into a single, cohesive interface. Consequently, traders can now manage diverse strategies from one account, marking a pivotal step toward streamlined digital asset management. The launch, first reported by The Block on November 26, 2024, signals a new phase of product integration within decentralized finance. Backpack Exchange Introduces Unified Trading Experience The newly launched private beta represents a core evolution for the Solana-based exchange. According to CEO…