Author: NBTC

A pseudonymous developer in Canada knows that his project’s target demographic cares little about crypto or decentralized finance. For the most part, Pokémon card collectors are a skeptical group, according to the individual who goes by Keef on X. “These people don’t really want to go on-chain,” he told Decrypt, in reference to NFTs that are redeemable for trading cards from the globally recognized media franchise. “I think a lot of people that aren’t already here are very apprehensive.” A bigger task than he initially anticipated, Keef is working on a platform that will one day allow people to use…

The Ethereum (ETH) market is registering significant asset movement in the last hour. As spotted by Onchain Lens, a platform that monitors large transactions, 15,000 ETH have been deposited on the Binance exchange. Ethereum price holds despite exchange inflows The address that has been linked to Matrixport transferred the coins valued at $64.67 million in a move that has sparked concerns in the Ethereum community. The transaction suggests the crypto financial services firm might be looking to sell for profit-taking. With Ethereum shedding about 1.79% of its value within the last seven days, there are concerns over the asset’s inability…

Tokenized institutional alternative funds (IAF) surged 47% in the last 30 days, reaching a total value of $1.74 billion, according to data from real-world asset (RWA) tokenization tracker RWA.xyz. The data showed that all protocols except Libre Capital had percentage increases in the last 30 days. Centrifuge led the growth, expanding its market cap by 252% to $704 million. This gave the issuer a 40.4% market share for IAFs. Apart from IAFs, Centrifuge also had almost $400 million in tokenized US Treasury products, bringing its total value locked (TVL) to over $1 billion. This allowed Centrifuge to join BlackRock’s BUIDL…

A group of Republican lawmakers has asked the U.S. Commerce Department to investigate potential national security threats tied to DeepSeek, a Chinese company behind an open-source AI model known as R1. In a letter sent August 1 and made public on Tuesday, the senators cited risks that the model could leak U.S. user data and aid China’s military and surveillance efforts.  Led by Senator Ted Budd (R-NC), the letter was co-signed by Senators Bill Cassidy (R-LA), John Cornyn (R-TX), Marsha Blackburn (R-TN), Todd Young (R-IN), John Husted (R-OH), and John Curtis (R-UT).  DeepSeek “has willingly provided and will likely…

The cryptocurrency world is constantly buzzing with activity, and on-chain movements often provide crucial clues about market sentiment and future trends. Recently, a significant event caught the eye of many analysts: a substantial Amber Group WLD withdrawal from Binance. This move, involving 4.68 million Worldcoin (WLD) tokens valued at approximately $4.92 million, marks the first such withdrawal by the prominent market maker in about three months. What does this tell us about the current state of WLD and the broader crypto landscape? Understanding the Significance of an Amber Group WLD Withdrawal When a major player like Amber Group makes a…

While the markets generally expect the FED to cut interest rates in September, the probability of a 25 basis point cut is priced in at 85%. US President Donald Trump is also pressuring Fed Chairman Jerome Powell to cut interest rates quickly, stating that they are late in reducing interest rates. At this point, FED member Christopher Waller, who is close to Trump and supports the interest rate cut, announced that he supports the interest rate cut in September. Speaking at the Miami Economic Club, Waller announced that he supports a 25 basis point cut in interest rates in September…

Cryptocurrency exchange OKX announced that 6 altcoins will be removed from futures trading in order to prevent market risks and improve user experience. OKX Announces Delisting of 6 Cryptocurrencies from Futures Trading According to the company’s official statement, six different contracts will be removed from the platform as of 16:00 on September 12, 2025. The parities to be delisted are: ZEREBRO/USDT, WAXP/USDT, NEIROETH/USDT, ALCH/USDT, DGB/USDT and DOG/USDT. The exchange stated that all open orders will be canceled on the day the contracts are delisted, and positions will be closed based on the arithmetic average of the OKX index prices one…

Ethereum treasury company Sharplink got a muted response from investors when it told Decrypt last week that it’ll stake a portion of the $3.6 billion worth of ETH in its treasury on Linea once mainnet goes live. The company’s shares, which trade on the Nasdaq under the SBET ticker, are currently trading for $15.73, or 11% less compared to five trading days ago. And now, it’s been the case for a week that users on Myriad, a prediction market owned by Decrypt parent company DASTAN, are doubting that Sharplink will scoop up enough Ethereum to hold 1 million ETH before…

US stocks have slipped as a turbulent week continues, with investors reacting to the latest release of the Personal Consumption Expenditures index, a key consumer inflation gauge. Summary Dow Jones Industrial Average dropped 65 points, and S&P 500 and Nasdaq Composite dropped 0.4% and 0.5% respectively. July’s core PCE inflation index rose to 2.9%, up from 2.6%. Bitcoin and Ethereum also slipped as risk assets continued to shed gains from recent highs. Dow Jones Industrial Average opened 65 points lower to continue the weakness seen this week, while the S&P 500 shed about 0.4%. Meanwhile, the tech-heavy index, the Nasdaq…

Cryptocurrency exchange Binance continues to expand its futures product offering. The company announced the launch of the WLFIUSDC futures contract to increase trading variety and enhance user experience. Binance Futures Launches WLFIUSDC Futures Contract with 75x Leverage According to the official announcement, the new contract will begin trading on September 8, 2025, at 11:30 a.m. Based on the World Liberty Financial (WLFI) token, the contract will be offered as part of USDⓈ-M futures and will provide investors with up to 75x leverage. Key features of the contract include a tick size of 0.0001, a funding rate capped at +2% /…