Author: NBTC
A report suggests the adoption of XRP and Ripple blockchain-based payment innovation is crucial in meeting the G20’s cross-border transaction target. Ripple’s cross-border business is gaining more traction in the global payment industry. Its blockchain-based, low-cost, and split-second transactional acumen has been touted as crucial to meeting the payment needs of the G20, a conglomerate of the top 19 economies in the world, including the European Union and the African Union. The 2025 edition of the confidential report from the US Faster Payments Council (FPC), mentioned by SMQKE, identified the G20’s 2027 and 2030 cross-border payment targets and how the…
This is a segment from The Drop newsletter. To read full editions, subscribe. Apparently, it’s a controversial take in crypto to ask for more single-player games (and fewer multiplayer games). When juicing up an in-game economy with crypto elements, a multiplayer game seems like the obvious choice. Players can flex their purchasing power to others in the game. They can crush others with their NFT that cost $1,000, showing other players that they are, indeed, willing to spend that much on a single game item. But is that use case worth the cost? And can most crypto game studios —…
SOPH, the native token of the entertainment-focused Layer 2 network Sophon, is set to make its official debut on Binance and other tier-1 exchanges later today. In a May 28 announcement, Binance confirmed that SOPH will be available for trading on Binance on May 28, 2025, at 13:00 UTC. The listing will mark the token’s first official appearance and will go live alongside Sophon’s Token Generation Event (TGE), and an accompanied listing on Binance Alpha, the exchange’s early-access section that showcases trending and promising Web3 projects scheduled earlier for the day. As part of the launch, Binance Alpha will host…
Introduction to Verifiable Computing Digital trust has become a critical issue as more systems rely on computational verification. The Nexus Project addresses this challenge by building what researchers call a “Verifiable Internet” — a system where every computation can be cryptographically proven correct. Nexus Labs developed this technology to create a planetary-scale supercomputer powered by the Nexus Layer 1 blockchain and zero-knowledge virtual machine (zkVM). The project aims to verify everything from artificial intelligence computations to digital identities using open-source technology and zero-knowledge cryptography. Currently in testnet phase with mainnet launch scheduled for Q3 2025, the system represents a significant…
Today at the Bitcoin Conference in Las Vegas, Cowbolt, an app that lets you split expense payments and settle in bitcoin, will launch their mission: turn peer-to-peer payments into a Bitcoin onramp, starting with family and friends. Cowbolt will let their clients split costs and settle instantly using Bitcoin and USDT, with no middlemen, no bank friction and with self-custody. They will try to convert everyday transactions into Bitcoin adoption. “We believe the most powerful onramp to Bitcoin isn’t an exchange — it’s people,” said the co-founder of Cowbolt Daniel Ekström. “That’s why we built Cowbolt. For friends, not hedge…
PancakeSwap earns $52.1 million weekly, surpassing Circle and trailing only Tether. Hyperliquid climbed past Pump and Jito by collecting $21.6M in fees over just one week. Boosted by V3 upgrades, PancakeSwap exceeded $100B in trading volume during May alone. PancakeSwap is now the second leading platform on the global weekly fee list. In the last week, the decentralized exchange brought in $52.1 million in fees. The result helped it surpass Circle, which raised $44.6 million in the corresponding period. Now, Tether is the only crypto left in the lead. This achievement is an important milestone for the biggest DEX on…
The US dollar lost more ground on Thursday, falling against a wide range of currencies, as Bitcoin crossed $111,000 for the first time ever. The drop in the greenback followed political chaos in Washington, a failed bond auction, and renewed doubts about whether foreign investors are still willing to fund American debt. According to Bloomberg data, the immediate pressure came from a weak 20-year Treasury bond sale that priced far higher than markets expected, forcing yields to spike and confidence to sink. The Treasury sold $16 billion in 20-year bonds at a yield of 5.047%, noticeably higher than traders had…
The SHIB community continues to make immense effort to reduce the circulating Shiba Inu supply. This time, it has managed to push the daily SHIB burn rate high up, giving it a 5-digit boost, according to the Shibburn tracking platform. Meanwhile, the second most popular meme cryptocurrency Shiba Inu is striving to recover after the 10% price drop faced overnight. SHIB burns rocket 22,662% The recent update shared by the above-mentioned source of on-chain data reveals that over the past day, the SHIB community has managed to dispose of several tens of millions of SHIB, sending them out of circulation.…
Crypto.com has spent $213 million on sports deals in the ongoing season, substantially more than the next spender, Coinbase, at $80 million, according to a report by Sportquake. OKX and Gate.io spent $71 million and $53 million, respectively, while Binance spent $31 million. Crypto Exchanges Have Deep Pockets In total, the top ten crypto exchanges are spending over $539 million annually across global sports. Industry-wide, pure-play crypto exchanges spent a total of $565 million on sports in the 2024–25 season. Only $117 million was spent on US-based sports teams, with the remainder going to non-US teams. This marks a 20…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Don’t you hate it when you see yet another layer-1 launch, claiming one million, 10 million, or even 100 million TPS? “How can I cash in on the hype?” you ask. Well, today is your lucky day! Here’s a step-by-step guide on building your very own 1 billion TPS layer-1 network that’ll leave those posers in the dust. You might also like: From crypto projects to digital asset companies: It’s time to level up web3 comms |…