Author: NBTC

Centralized crypto exchanges are increasingly incorporating DeFi features into their platforms, a shift that Animoca Brands research suggests could be leading them toward becoming so-called “universal exchanges” or UEXs. In a report shared with The Defiant, the analysts stated that UEXs could gain popularity among a wider audience because they offer more than just trading, including on-chain tokens and tokenized real-world assets. Source: Animoca Brands While centralized exchanges (CEXs) have been central to crypto’s growth for years, the growth among crypto-native users is slowing, analysts note, adding that new tools, such as memecoin launchpad Pumpfun and decentralized exchanges (DEXs), are…

Launched in 2024 on the Base blockchain, Avantis is a Decentralized Finance (DeFi) protocol that enables users to trade perpetual contracts on cryptocurrencies and real-world assets, including forex pairs, metals, commodities, and indices. Traders handle these transactions directly from their wallets, maintaining self-custody of their collateral, and apply leverage of up to 500 times across more than 90 markets. With its focus on providing zero-fee perpetual trading and loss rebates, it has obtained funding from investors such as Pantera Capital and Founders Fund. Since February 2024, Avantis has handled over $27 billion in cumulative trading volume and shows a run-rate…

The next wave of stablecoin adoption may not be led by people at all. Paxos Labs’ co-founder says AI agents could become the “X-factor,” instantly shifting liquidity to the most efficient issuers and turning market fragmentation into an advantage. With clearer regulations around stablecoins passing in the United States, the stablecoin market has surged past $300 billion, becoming one of crypto’s central narratives. However, fragmentation across issuers and jurisdictions remains a challenge. As new entrants join an increasingly diverse field — from dollar-backed leaders like Tether and Circle, to synthetic assets like Athena, and PayPal’s PYUSD, which targets consumer payments…

The US Supreme Court ruled today to allow Fed member Lisa Cook to continue in her position until oral hearings in January. The court’s decision marks a setback for President Donald Trump, who has repeatedly unsuccessfully appealed to the courts to remove Cook from office. Trump has cited Cook for “mortgage fraud,” alleging he made false statements on mortgage applications for two homes in Michigan and Georgia, as grounds for impeachment. Cook denies the allegations, and no formal charges have been filed. Trump’s first attempt to remove Cook came in August after he pressured longtime Fed Chair Jerome Powell and…

Binance has launched a white-label infrastructure solution, Crypto-as-a-Service (CaaS), allowing banks and brokerages to offer crypto trading while leveraging Binance’s technology and liquidity. Financial Institutions Gain Seamless Crypto Access With Binance’s New CaaS Offering Binance has rolled out Crypto-as-a-Service (CaaS), a white-label infrastructure product designed to help financial institutions and brokerages launch their own crypto trading services. The offering gives banks and regulated firms end-to-end access to crypto capabilities. This includes spot and futures trading, liquidity, custody, compliance, and settlement, while allowing them to maintain full control over branding, client relationships, and front-end platforms. Catherine Chen, Head of VIP &…

Aave AAVE$289.01, the native token of the largest decentralized finance (DeFi) lending protocol, strongly rebounded from last week’s lows breaking through key resistance levels on Friday afternoon. The token gained another 2% over the past 24 hours and is up 6% this week. It has established support at the $284-$285 levels, while it’s currently consolidating around $290. The move occurred as the broader crypto market rallied, with gains across the board and bitcoin BTC$122,334.34 breaking above $122,000, inching closer to its August record high. The broader DeFi market also accelerated, hitting a $219 billion in assets across protocols, a fresh…

In its latest report, blockchain analysis company Chainalysis estimates that the Brazilian economy moved $318.8 billion in cryptocurrency assets from July 2024 to June 2025. The numbers highlight the growing adoption of cryptocurrency in one of the largest and most consolidated economies of Latam. Crypto Adoption Overheats in Brazil: Over $300 Billion Moved Using Crypto Crypto is growing to become a significant rail to move capital, even in large economies all over the world. Brazil is one of the countries that has stepped up its crypto adoption levels, registering record numbers in crypto movements even while facing regulatory headwinds. According…

South Korea-based global cryptocurrency exchange Upbit has announced support for a new digital asset. According to the announcement, Somnia (SOMI) will be listed with KRW, BTC, and USDT trading pairs. Upbit Launches New Transaction Support for Somnia (SOMI) Deposits for SOMI will open within 2 hours of the announcement, while transaction support will begin at 16:00 on October 1st. The exchange warned investors to be careful with their network selection. SOMI can only be deposited and withdrawn via the Somnia network. Transfers made via other networks will not be accepted, and refunds may take longer. Furthermore, transactions will only be…

Unlicensed mining operations continue to cause Kazakhstan financial losses, despite efforts to bring the whole industry out of the shadows. According to the latest estimate, damages incurred by the state in the past couple of years amount to well over a billion Kazakhstani tenge, although the government has managed to recover some of the money in the form of seized digital assets. Underground mining farms stole the electricity of a large city Illegal crypto mining facilities are responsible for the loss of around 1.3 billion tenge (over $2.3 million) in state revenue since the beginning of 2024, financial authorities in…

ArtGis Finance remains dedicated to staying ahead of the curve and leading the charge in innovation. Today, the decentralized trading platform announced a strategic collaboration with BoostFi, an AI-powered crypto platform, to elevate the DeFi experience on its network. Based on this partnership, ArtGis leverages BoostFi’s AI expertise to advance decentralized trading and liquidity provision, and eventually enhance the DeFi experience for its customers. ArtGis Finance is a decentralized platform that uses blockchain technology and AI to revolutionize the cross-border movements of digital assets and real-world financial instruments. By connecting TradFi and Web3, ArtGis streamlines digital asset transaction/trading, financial settlements,…