Author: NBTC

Even as the price of gold retreats from a record high, stabilizing around $4,100 per ounce, tokens whose value is pegged to the metal are gaining popularity in crypto markets. But not everyone is buying the premise. The total market capitalization of gold tokens has risen to $3.86 billion, driven by strong performance from XAUT$4,113.49 and Paxos gold (PAXG), according to CoinGecko data. To Binance co-founder and former CEO Changpeng Zhao, however, these tokens are only as good as the promise behind them. Loading… “Tokenizing gold is NOT ‘on chain’ gold,” CZ wrote in a post on X. “It’s tokenizing…

After about a day of public outrage over its alleged business practices, MEXC has begun what looks like a full-scale reset, one launched by the same critic who nearly tore it down. White Whale, the anonymous account that helped expose MEXC’s frozen funds crisis, is now stepping in to help reform the exchange, not as a paid contractor, but as an unpaid advisor. The development came after MEXC executive Cecilia Hsueh publicly apologized to White Whale over the mishandling of his account, which triggered a widespread thread from X user Mystral accusing MEXC of allegedly freezing millions in user funds…

Decentralized finance (DeFi) industry suffered one of its toughest weeks in months as total value locked (TVL) across major networks fell sharply. According to Sentora data, DeFi protocols on Ethereum, Solana, Arbitrum, BNB Smart Chain, and Base all recorded double-digit declines. Ethereum Leads DeFi TVL Pull Back This reflected a broad pullback in user activity as market conditions shifted and security incidents intensified. DeFi TVl was hit hard this week, with all major chains recording double-digit drawdowns👇✔️ETH – ~14% ✔️SOL – ~12% ✔️BSC – ~12% pic.twitter.com/xBrO8wrXUY — Sentora (previously IntoTheBlock) (@SentoraHQ) November 8, 2025 Additional data from DeFiLlama shows that…

As token buybacks gain popularity in crypto, Amir Hajian, head of research at market making firm Keyrock, warns in a new report that every dollar spent repurchasing tokens is a dollar diverted from growth and innovation, underscoring the hidden opportunity cost behind the show of confidence. Token buybacks involve blockchain projects repurchasing their own tokens from the open market, similar to stock buybacks. The strategy sucks out circulating supply from the market, creating scarcity and potentially increasing the token’s value to signal confidence to investors. The rise of token buybacks marks a turning point in how crypto defines maturity, Hajian…

Gemini, one of the leading US cryptocurrency exchanges, has hinted that next week will have rather notable XRP activity. Next week’s looking real XRP coded — Gemini (@Gemini) November 2, 2025 The prominent exchange is likely referring to the Ripple Swell event, which will take place on Nov. 4-5 in New York. The two-day event will focus on stablecoins, the tokenization of real-world assets, institutional adoption, and other hot-button issues. The list of notable speakers will include Adena Friedman, chief executive officer at Nasdaq, Maxwell Stein, director of global assets at BlackRock, as well as Patrick Witt, a top US…

TVL in DeFi projects has dropped by $22 billion in the past week, erasing significant gains recorded in September and October. According to data shared today by market analyst Crypto Patel, the week experienced double-digit TVL declines across major chains as panic grips investors amid heightened market volatility. The drop in TVL is mainly driven by the broader macroeconomic concerns as reflected in the downturn in the larger crypto market. BTC and ETH, which currently stand at $102,042 and $3,429, have been down 7.9% and 11.9% over the past week, respectively, indicating significant sell-offs in multiple crypto assets. DeFi Meltdown:…

A former trader with a 100% win rate on the Hyperliquid platform is making headlines once again. This infamous Hyperliquid whale has opened a substantial Ethereum short position for $9.9 million dollars, utilizing an aggressive 25x leverage. This comes as uncertainty builds across crypto markets, in which price swings have become sharper and trader sentiment has become divided. The last few weeks have seen Ethereum with choppy price action, fluctuating between bullish optimism and bearish corrections. With whales beginning to reposition their portfolio, traders are paying close attention. The same whale in question, known for their stellar timing and ability…

Digital asset infrastructure firm Fireblocks has acquired Dynamic, a developer platform used by companies such as Kraken, Magic Eden and Ondo Finance, to accelerate enterprise adoption of onchain applications. The deal creates what Fireblocks calls the first complete custody-to-consumer stack, combining its security infrastructure with Dynamic’s wallet, authentication, and user onboarding tools, according to an emailed announcement on Thursday. Financial details of the acquisition have not been disclosed. Fireblocks declined to share these when contacted by CoinDesk. Fireblocks, which secures over $4 trillion in digital asset transfers annually, specializes in secure custody, using MPC technology and a settlement network for…

Cryptocurrency analysis firm CryptoQuant has published a new analysis examining the entry and exit movements of altcoins on the Binance exchange. The company stated that data showed that investors in some altcoins are exiting exchanges, while in others, selling pressure is increasing by depositing tokens into the exchange. According to the analysis, the altcoins with the most outflows on Binance were Axie Infinity (AXS), Chainlink (LINK), Fetch.ai (FET), Aavegotchi (GHST), Amp (AMP) and Synthetix (SNX). In contrast, the assets experiencing the most inflows were recorded as Mines of Dalarnia (DAR), Polygon (MATIC), Bitcoin (BTC), JasmyCoin (JASMY), and Chiliz (CHZ). CryptoQuant…

Estonian businessman Rain Lohmus participated in Ethereum’s 2014 initial coin offering (ICO), and is the world’s largest individual holder of around 250,000 coins valued at nearly $900 million, according to blockchain analytics platform Arkham Intelligence. Business entrepreneur and chairman of the Supervisory Board at LHV Capital Lohmus purchased roughly $75,000 worth of ETH during the project’s ICO more than a decade ago. The investment he made before Ethereum’s official launch has since appreciated over 11,000 times in value. However, despite sitting on one of the largest personal crypto fortunes in history, Lohmus has lost the keys to access his Ether…