Author: NBTC

Global crypto exchange KuCoin has completed a new independent Proof of Reserves (PoR) audit, which was conducted by the leading blockchain security firm Hacken. With this latest milestone, the platform has now achieved an impressive 32 consecutive months of publishing these PoR reports. The move reinforces KuCoin’s long-standing commitment to financial transparency and building user trust. Audit Confirms Full Asset Backing with Surplus Reserves In the latest audit, KuCoin demonstrated that it holds more than enough crypto assets to cover all user liabilities across supported tokens. The reserve ratios for key cryptocurrencies as of June 30, 2025, are: Bitcoin (BTC):…

AscendEX, a renowned platform for crypto trading worldwide, has partnered with M3 DAO, a cutting-edge decentralized autonomous organization (DAO) devoted to developing an open and community-driven digital ecosystem. The main purpose of this collaboration is to bridge the gap between real-world finance and the Web3 sector with advanced decentralized finance (DeFi) instruments. The platform shared the details of this partnership in a social media post. #AscendEX is excited to partner with @M3DAO_globalM3 DAO is a community-governed and open digital ecosystem, connecting between Web3 and the real world.Stay tuned for more updates#AscendEX #Crypto #Web3 #DeFi #FutureOfFinance pic.twitter.com/JpcTNqfSRi — AscendEX (@AscendEX_) July…

Australian crypto exchange Swyftx is set to acquire boutique digital asset brokerage Caleb & Brown, in what the companies described as the largest crypto acquisition in Australia and New Zealand to date. The deal, which was formally disclosed to staff last week, is expected to significantly expand Swyftx’s reach into the U.S., where Caleb & Brown has built a client base among high-net-worth crypto investors.  A source, speaking on condition of anonymity, told Decrypt that the value of the deal is worth over AU$100 million (approximately US$65.8 million). The acquisition comes three months after Swyftx agreed to buy New Zealand’s…

The Interchain Foundation (ICF) has funded Hadron Labs for ongoing maintenance of the CosmWasm smart contract platform. This agreement guarantees sustained open-source development and operational stability for CosmWasm through December 31, 2027. CosmWasm is a Rust-based smart contract platform available only to chains using the Cosmos SDK. Hadron Labs is a core contributor to Neutron, one of the leading CosmWasm-based projects and ecosystems, and Drop, a liquid staking protocol on Neutron. Hadron Labs is also a member of the Lido Alliance. Their deep technical expertise and proven track record make them the ideal team to maintain this platform. About the…

Bitget Wallet launches a new Pump.fun integrated mobile meme coin trading app called MemeScan. The app also offers a campaign linked to the upcoming PUMP token. According to the press release sent to crypto.news, MemeScan is designed with pro-level traders in mind, offering performance and insight for traders interested in high-volume and early stage meme coins. The Bitget (BGB) Wallet platform is meant to accommodate mobile-first users who wish to trade on-chain without having to switch to a desktop or browser-adapted interface. Unlike platforms designed for desktops and browsers, MemeScan is a mobile-first app that offers a unified, app-native interface,…

Top lending protocol Aave has outpaced broader decentralized finance (DeFi) growth over the past three months, gaining market share as capital continues to flow into major protocols. The decentralized lending protocol’s total value locked (TVL) rose to over $25.4 billion by the end of Q2, up over 52% from $16.7 billion in April, according to data from DeFiLlama. In comparison, total DeFi TVL grew 26%, from $92 billion to $116 billion, in the same period. Aave’s share of the DeFi lending market also has grown to 48%, leading the sector, which has surpassed $58 billion in TVL. Moreover, with $28…

Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR)Strategy’s (MSTR) perpetual preferred shares may be anticipating the bitcoin-accumulation company’s inclusion in the S&P 500 index after the largest cryptocurrency posted a record-high monthly close at a price some analysts calculate lifted quarterly earnings to a level that qualifies it for the U.S. equity benchmark. That may not be the only reason for their popularity, however. The stocks all offer yields above the Federal Reserve’s target rate of 4.25%-4.5% at levels that may be enough to attract investor interest, especially given President Donald Trump’s calls for U.S. interest…

Ripple USD stablecoin (RLUSD) has flipped the $500 million mark less than a week after U.Today reported on the possibility of it happening. RLUSD achieved the feat within seven months of its debut on the cryptocurrency market. RLUSD expansion and partnerships fuel growth trajectory According to CoinMarketCap data, the Ripple stablecoin now has a circulating supply of 501.24 million RLUSD. The asset’s market capitalization has also increased by 3.28% to $501.21 million. These figures are significant, considering that the stablecoin market is dominated by industry giants such as Tether (USDT) and Circle (USDC). Notably, the development means RLUSD is part…

Richard Teng, who took over from Changpeng Zhao (CZ) as the CEO at Binance, has taken to his X account to address the crypto community regarding the new milestone that Binance is to celebrate soon — eight years since its foundation. Teng revealed the major power behind Binance that has helped it remain the largest cryptocurrency exchange by volume all these years. Binance’s key strong point since 2017, per Teng Richard Teng stated that while Binance is nearing its eighth anniversary, he believes that it is absolutely clear “what keeps Binance strong.” It is the 280 million users of this…

South Korea’s leading cryptocurrency exchange Bithumb announced that it will list the decentralized finance (DeFi) protocol Resolve (RESOLV) token at the KRW trading pair starting at 6:00 PM today. Bithumb Announces Listing of RESOLV Token on KRW Market Listing Information Trading Pair: RESOLV/KRW Supported Network: Ethereum Transaction Start Time: July 11, 2025, 18:00 Starting Price: 207 KRW Minimum Required Approvals: 33 Off-network sending is not supported. What is RESOLV? RESOLV is a protocol that manages a stablecoin called USR, which is collateralized by Ethereum (ETH) and Bitcoin (BTC) and pegged 1:1 to the US dollar. The protocol’s core functions include:…