Author: NBTC

Pieverse, the Web3 payment infrastructure platform, has demonstrated that it will increase its x402b payment protocol onto the Arbitrum network in a considerable amount. This strategic deposit transition makes the transactions on Ethereum, which are audit-ready and gas-free, become the largest Layer-2 scaling platform. It is a continuation of the recent Pieverse $10M round of funding and a successful launch on BNB Chain. Bridging Enterprise Needs with Layer-2 Efficiency Pieverse first unveiled its protocol on the BNB Chain in October 2025, but it receives a bridged inefficiency on Arbitrum enables it to access a larger ecosystem. Arbitrum currently has over…

As the broader cryptocurrency market experiences massive capital outflows, a whale has suffered a costly misstep, dumping thousands of Ethereum (ETH) at a steep loss after attempting to time the market bottom. The wallet identified as ‘0x1b57’ offloaded 5,570 ETH, approximately $19.56 million, over several hours, sending the funds to Binance in three large batches: 2,070 ETH ($7.26M), 2,000 ETH ($7.01M), and 1,500 ETH ($5.28M), according to the latest on-chain data obtained by Finbold from Arkham on November 4. The trader had accumulated the same amount of ETH just five days earlier from Binance hot wallets but quickly capitulated as…

When I worked at the Federal Reserve, we used to joke that our job was to protect the status quo. The Fed’s mandate has long included financial stability, certainly not financial disruption. But Fed Governor Chris Waller’s speech calling on Fed staff to research the creation of a new “payments account” for nonbank payment providers at this week’s Fed Payments Innovation Conference marks the first serious challenge to the assumption that only banks get to move money in America and who is allowed access to the Fed’s balance sheet. When I wrote in 2023 that “stablecoins are the battleground for…

On Monday, a Bitcoin trader made a purchase worth millions of dollars, buying $10 worth of the digital currency from his online broker and sending it to the popular cryptocurrency exchange Kraken. It should have been a routine deal, but it quickly escalated into a substantial loss. The user did not pay a realistic fee, but rather incorrectly set 0.99 BTC as the fee amount (approximately $105,000 at today’s market prices). To put this into perspective, the BTC network will not confirm even high-priority transactions if the fee is less than one coin. This amounts to an overpayment of more…

If there’s one thing that blockchain has gotten better at over the years, it’s speed. Scalability is a major priority for just about every blockchain network today and significant progress has been made, resulting in dramatic increases in throughput. One of the best examples of this is Ethereum, which was once painfully slow at just a handful of transactions per second. But thanks to its transition to Proof-of-Stake and the emergence of Layer-2 scaling networks, it can now process thousands of transactions in seconds. The impressive strides made in blockchain scalability were illustrated in a recent report by a16z crypto,…

Ethereum and Bitcoin extended their sharp declines on November 4, triggering over $1.1 billion in crypto liquidations within 24 hours as traders rushed to the exits amid mounting market stress. The drawdown has plunged the Ethereum price to a milestone last seen a year ago. Ethereum Turns Negative for 2025 as Crypto Liquidations Exceed $1.1 Billion Ethereum broke below the critical $3,400 mark, officially turning negative year-to-date (YTD) after starting 2025 near $3,353. The move marked a 7% daily plunge, its steepest drop in months. Ethereum (ETH) Price Performance. Source: TradingView The decline has effectively erased all of ETH’s year-to-date…

Stablecoins are taking on a new role in the $350-billion global gaming market, according to a new report published by the Blockchain Gaming Alliance (BGA). The BGA report argued that fiat-pegged digital assets, once viewed as only payment tools or decentralized finance (DeFi) liquidity, are now becoming the unseen financial infrastructure that powers how developers pay creators, price items and retain players. The report said that stablecoins like USDt (USDT) or USDC (USDC) offer economic stability that speculative tokens lack. By eliminating volatility from in-game economies, they enable predictability, faster payouts and seamless asset exchange across platforms. Because of this,…

DePHY, a decentralized off-chain network that enables efficient functioning of DePIN networks, announced a strategic collaboration with Phala Network, a decentralized cloud platform offering secure, scalable, and privacy-preserving computational services. This partnership enabled the integration of DePHY’s decentralized infrastructure (which serves as a bridge between DePIN and AI networks) into Phala Network’s decentralized cloud computing platform to enhance the operations of Phala’s AI computations. We are proud to announce a strategic partnership with Phala Network @PhalaNetwork, where DePHY will provide the core technology driving their transition to a full-fledged GPU TEE Cloud.🔗 The Trust Layer: Where Verifiability Meets IntegrityFor any…

The sharp decline in the cryptocurrency market has caused a significant decline in the fortune of Ethereum founder Vitalik Buterin. According to on-chain data, Buterin lost approximately $79 million in the last 24 hours alone. The price of Ethereum has fallen by 11.79% in the last 24 hours, falling to $3,172. While the overall market cap has shrunk due to Bitcoin’s decline, Ethereum has also faced selling pressure from investors. Vitalik Buterin’s total ETH portfolio stands at approximately 241,000 ETH, some of which is held collateralized through the Aave protocol. Buterin’s 2,919 AETHWETH holdings on Aave are worth approximately $9.45…

Nearly half of Russian citizens consider the digital ruble merely a tool for government control over their finances, and almost as many fear the new form of national fiat will hurt financial freedom, in general. Regular crypto usage is still relatively limited in Russia, which has yet to regulate it, although a fifth of the respondents in a new survey admit to having tried decentralized digital money at least several times. Russians remain wary of the digital ruble Almost half of the participants in a Russian poll (47%) believe the main purpose behind introducing a digital ruble is to allow…