Author: NBTC
The South Korean National Assembly is preparing to take an important step towards the legalization of tokenized securities (Security Tokens, ST). The bill, which is expected to pass after the election, has caused great activity in the financial sector. The country’s leading financial institutions are rapidly establishing collaborations and continuing technical infrastructure preparations in order to be pioneers in this new market. Tokenized securities are known as digital securities supported by blockchain technology. Thanks to the security and ease of transaction offered by this technology, it is possible to divide low-liquid assets such as real estate, works of art, and…
OKX will list KMNO with spot trading starting May 30 at 3:00 AM UTC. Strict order and price limits apply during early trading to control volatility. A one-hour call auction precedes the listing, with $50K user order caps and no last-minute edits. Cryptocurrency exchange OKX has confirmed the listing of Kamino Finance’s native token, KMNO, for spot trading. According to the official schedule, KMNO/USDT spot trading will start at 3:00 AM UTC on May 30, 2025. The listing will be preceded by a structured rollout that includes deposit access, a controlled call auction period, and defined risk management protocols aimed…
Movemaker, the official Chinese-speaking community supported by Aptos, and Alcove, the first Move developer organization based in Asia, have announced the launch of the Aptos Move Secure & General Purpose Base Library. This open-source project aims to improve the security and standardization of smart contract development on the Aptos blockchain. It responds to the need for better on-chain security and more unified development practices in the Web3 space. The project has received an initial seed funding of USD 200,000 from Movemaker. The goal is to build a set of audited and reusable smart contract modules. These modules will cover key…
This week, NFT sales volume reached $142.14 million, a significant increase of 23.95% compared to the previous week, according to new data released today by market analyst Crypto Slam. The data also identified that the market experienced a remarkable rise in NFT buyers noted over the last seven days. An accumulative number of NFT buyers reached 1.06 million, an increase of 50.56% from the previous week, indicating rising interest in the NFT market. Guild of Guardians Heroes Claims Top Position The data further listed outstanding NFT collections with top sales over the week. The NFT market displayed significant changes among…
Arkham, a company known for tracking blockchain activity, posted on X that BlackRock, a giant in the financial world, has bought $50 million worth of Ethereum (ETH), the second-largest cryptocurrency. The post included charts and data that showed a steady rise in Ethereum balances and profits, suggesting the investment could be part of a bigger strategy. BlackRock’s multi-million dollar Ethereum bet Based on data from Coinbase Prime, there were several recorded transactions of BlackRock’s purchase of 9,000 to over 58,000 ETH worth between $23 million and $61 million. The huge Ethereum buy from BlackRock puts forth evidence that large corporations…
US President Donald Trump announced that he had a phone conversation with Chinese President Xi Jinping that lasted approximately 1.5 hours. The main agenda item of the meeting was the new trade agreement recently agreed between the two countries. Trump said the meeting had produced positive results for both sides and that complexities, especially on the rare earths issue, had been resolved. Trump said on social media, “I had a very productive phone call with President Xi of China. During this call that lasted about an hour and a half, we discussed some of the sensitive points of the trade…
PYUSD adoption expands beyond apps, entering DeFi protocols on both Ethereum and Solana with broader utility. Ondo, Zero Hash, and Morpho support unlocking more real-world use cases and passive yield opportunities. The supply of PayPal’s PYUSD stablecoin is approaching the psychological $1 billion mark, according to Token Terminal. While it was initially launched as a stable digital payment alternative, it has now expanded further into the DeFi space. The surge has not only occurred on the Ethereum network, but also on Solana, which has seen distribution growth of over 170% in the past month. Many initially thought PYUSD would only…
The long-running legal battle between the SEC and Ripple just took another dramatic turn. Judge Analisa Torres, who has been overseeing the case, has rejected a joint request from both Ripple and the SEC that aimed to wrap up the lawsuit once and for all. This latest move means the fight isn’t over yet. The rejected filing was meant to adjust the penalty terms against Ripple and then clear the way for both sides to pull back their appeals. But Judge Torres wasn’t having it. Does XRP Have Legal Clarity? To add to the drama, there’s been a fresh claim…
Crypto exchange Coinbase has signed a lease for office space in San Francisco’s Mission Rock development, marking the crypto exchange’s return to the city after abandoning its headquarters model roughly three years ago. The move is based on a deal Coinbase secured for a 150,000 square foot spot at 1090 Dr. Maya Angelou Lane, and represents more than half of Building B at the waterfront development built by Tishman Speyer and the San Francisco Giants. San Francisco “is the place to build and grow,” Mayor Daniel Lurie wrote Thursday afternoon on X, welcoming Coinbase. The space will serve as Coinbase’s…
Arbitrum gained $381 million in stablecoin inflows over the last week, while Ethereum lost $374 million. Stablecoin users are increasingly flipping out of Ethereum (ETH) and into faster, cheaper layer-2 chains. For the week ending June 2, Ethereum’s layer-2 network, Arbitrum (ARB), led all top chains in stablecoin inflows. The network recorded $381 million in inflows, while Ethereum saw $374 million in outflows. $381M into Arbitrum.🔩 $374M out of Ethereum.In just 7 days.👁️🗨️ More than stablecoin rotation this is risk-on capital choosing speed, incentives, and lower friction.If this trend holds, are we watching the early signs of an L2 liquidity…