Author: NBTC

Stacks, a prominent layer-2 solution designed to unlock the potential of Bitcoin for decentralized finance (DeFi), is gaining significant momentum. The platform announced today that a number of major institutions are adopting sBTC, a 1:1 Bitcoin-backed, decentralized programmable asset, as a key component of their Bitcoin strategies. Since its mainnet launch in December 2024, sBTC has attracted considerable interest from industry leaders. Early depositors participating in sBTC’s initial cap included well known firms like UTXO, SNZ, and Jump Crypto, signaling a strong belief in the project’s vision. The initial demand for sBTC was so high that a second cap raise…

Jupiter Airdrop Lead Mei has shared a detailed update addressing community concerns and challenges surrounding 2024’s airdrop. In a X post, the team member acknowledged the complexities of the current distribution, attributed a larger user base, increased transactions, and a more complex macro environment compared to last year. Jupiter Community Feedback on Airdrops Jupuary feedback review First of all, I wanted to say a big thank you to everyone for being a user, voter and for being so passionate about this Jupuary. The whole team is working their ass off to make this a meaningful drop for everyone, and we…

Jeremy Allaire, the co-founder and CEO of Circle, called for all issuers of US dollar-based stablecoins to be registered within the US. Allaire’s remarks highlight the increasing regulatory scrutiny around stablecoins. These financial instruments play a critical role in digital asset markets, bridging between crypto and traditional finance (TradFi). Stablecoins Take Center Stage in Crypto Regulation Allaire’s statement came amid the Circle Stablecoin Day frenzy in New York City (NYC). According to the Circle executive, it featured business and product leaders from different financial institutions. “It’s Circle Stablecoin Day in NYC,” Allaire highlighted on X in a Tuesday post. Based…

Zeus Network, a Solana-based popular multichain layer for dApp development, has announced its collaboration with Animoca Ventures, a well-known platform backing early-stage Web3, crypto, and blockchain firms. The partnership targets to drive Bitcoin ($BTC) liquidity within the Solana ecosystem. The platform took to its official X account to disclose this endeavor. “Animoca Ventures Powers Bitcoin Liquidity on Solana with Zeus Network”Thrilled to welcome @AnimocaVentures as the newest ZeusNode Guardian! As a leading investor in Web3 innovation, their support strengthens the Bitcoin-Solana cross-chain infrastructure.Together, we’re… pic.twitter.com/fqeNCBHK2c — Zeus Network 🟧⛈️🟣 (EPOCH 3) (@ZeusNetworkHQ) February 25, 2025 Zeus Network Partners with Animoca…

Dan Morehead, founder and managing director of Pantera Capital, a cryptocurrency hedge fund, predicts a significant Bitcoin bull market in 2025 due to the Bitcoin halving and favorable macroeconomic conditions. Morehead, who has been investing in Bitcoin since 2013 when it was just $65, expressed his belief in the four-year Bitcoin cycle in a recent interview. Morehead argues that the Bitcoin halving, a pre-programmed event that slows down the rate at which new Bitcoins are created, is the primary driver of these cycles. He compares the halving to the closure of half of the world’s copper mines, an event that…

Jupiter Exchange has surpassed major decentralized finance (DeFi) players, securing the second-highest daily fee ranking after stablecoin issuer Tether. Additionally, the decentralized exchange (DEX) generated $2.73 million in revenue over a 24-hour period, going above fellow Solana stalwart Pump.fun. Jupiter Usurps Pump.fun According to data from DefiLlama, the exchange has earned $10.88 million in fees since yesterday, about $7.3 million less than the amount Tether raked in. However, Jupiter performed markedly better than Uniswap, PancakeSwap, sister platform Meteora, and Hyperliquid, a rising star in the perpetual futures trading space. Apart from Uniswap, none of these competing protocols earned more than…

As the year draws to a close, Toncoin (TON) has experienced an increase in whale activity, with an 80% increase in large transaction volume. According to IntoTheBlock, Toncoin’s large transaction volume reached $8.75 billion in the last 24 hours, representing an 80.63% increase. This uptick comes amid lackluster trading action on the market as 2024 comes to a close. The 80% increase in whale transactions indicates that these large players are either accumulating more coins or moving significant amounts of them. In this regard, large holder netflows have surged 300% over the last seven days. Amazing read on what $TON…

Former SEC official John Reed Stark suggests that the Ripple lawsuit could be next in line for dismissal. Stark recently shed light on the SEC’s unprecedented retreat from its aggressive enforcement-driven regulation against the crypto industry. He mentioned how the previous SEC leadership introduced several enforcement actions against crypto businesses, labeling several digital assets securities. Interestingly, as reflected in its recent decisions, the SEC has pulled back to drop some appeals and enforcement actions. For context, it dropped its lawsuit against Coinbase, froze the Binance lawsuit, and dropped its investigation into Uniswap and OpenSea. The SEC further retreated from its…

Delta Blockchain Fund founder Kavita Gupta is fronting a new startup called Inclusive Layer, designed to help people build blockchain applications on multiple chains without deep coding expertise. The product aims to abstract away technical friction and create liquidity aggregation between Ethereum, Solana, Base, Polygon or Arbitrum, according to a press release. The first app on Inclusive Layer is a cross-chain trading service called Caishen. So-called picks and shovels offerings to take the headache out of blockchain development can be a smart play, especially if timed to meet a wave of new entrants to the space. Despite the existence of…

The former Prime Minister proposes Bitcoin as a transformative tool for Phuket’s tourism and economic development. Regulatory collaboration is crucial for the integration of cryptocurrency into Thailand’s financial and tourism sectors. Former Prime Minister Thaksin Shinawatra has announced a bold attempt to establish Bitcoin as a cornerstone of Phuket’s tourism economy. His idea is to use crypto to draw tech-savvy visitors and maybe make Thailand a top digital financial center. Under Thaksin’s plan, Bitcoin could be included as a payment method for both visitors and local companies in a pilot program in Phuket. Underlining its potential to transform the world…