Author: NBTC

Lee Eok-won, the chairman candidate of South Korea’s Financial Services Commission (FSC), has sparked controversy by arguing that cryptocurrencies have no intrinsic value. Lee’s comments were contained in written responses submitted before he took office as head of the country’s top financial regulator. Lee stated that cryptocurrencies, due to their high price volatility, cannot fulfill the basic functions of a currency: store of value and medium of exchange. He also opposed pension and investment funds investing in crypto assets, arguing that the speculative nature of the market poses risks. However, these statements were met with criticism from local crypto industry…

Binance, one of the world’s largest cryptocurrency exchanges, announced that it will list the World Liberty Financial (WLFI) token. Binance to List World Liberty Financial (WLFI) Token According to the official announcement, two new spot trading pairs for WLFI will be opened: WLFI/USDT and WLFI/USDC. Trading will begin on September 1, 2025, at 4:00 PM CEST. Users will be able to deposit WLFI starting at 07:00 CET on September 1, 2025. Withdrawals will open at 16:00 CET on September 2, 2025. Binance reminds users that these times are estimates and that users should check the “withdrawal page” for the most…

The world of digital assets is constantly evolving, and a major player making headlines is CleanSpark. For anyone following the crypto market, the latest news from this Nasdaq-listed firm offers compelling insights into the current state of CleanSpark Bitcoin mining operations and the broader industry. The company recently announced a significant achievement, highlighting its robust performance in August. CleanSpark Bitcoin Mining: A Strong August Performance CleanSpark, a prominent name in the Bitcoin mining sector, has once again demonstrated its operational efficiency. The company successfully mined an impressive 657 Bitcoins in August. This figure underscores their consistent efforts and strategic investments…

VitaminAI, a renowned AI agent marketplace, has partnered with EDITH AI, a prominent decentralized protocol for AI and RWA Tokenization. The partnership aims to revolutionize the tokenization of real-world assets (RWAs) and AI infrastructure. As per the platform’s official social media announcement, this development is poised to combine AI-led ecosystems and blockchain technology to unlock unique opportunities concerning decentralized intelligence and asset management. Hence, the duo endeavors to integrate tangible assets into the rapidly evolving digital economy. 📢 Announcing our partnership with EDITH AI – a decentralized protocol redefining the future of AI and Real-World Assets (RWAs).@edithAPP tokenizes the full…

Kasu Finance, an RWA (Real World Asset) business lending protocol, has announced securing $1 million investment from XDC Network, a popular blockchain platform that specializes in RWA tokenization and trade finance. It is a significant milestone for the protocol which will strengthen its vision of involving decentralized finance in institutional trade flows. Bringing XDC native infrastructure to the ecosystem of Kasu will provide new opportunities to retail and institutional investors. Kasu will enhance efficiency and accessibility by providing real yield offerings, a no-friction stablecoin application, and liquid wrappers to other applications of decentralized finance. Strengthening DeFi with Trade Finance Backing…

Recently, the intense institutional demand for Bitcoin has shifted to Ethereum. As the number of institutions holding, staking, and purchasing Ethereum treasury strategies increases rapidly, the price of ETH is predicted to reach double-digit figures. At this point, Bitwise Chief Investment Officer (CIO) Matt Hougan evaluated the growing demand in Ethereum. Speaking on The Wolf of All Streets podcast, Bitwise’s CIO said that institutional investors are completely skipping Bitcoin and moving towards Ethereum. Stating that Ethereum is the latest trend in the market, Matt Hougan stated that ETH has attracted major institutional interest and is forcing investors to forget about…

The Hong Kong Monetary Authority’s call for stablecoin issuers has triggered a modern-day gold rush, with 77 diverse firms staking a claim. However, the regulator has embarked on a deliberate winnowing process designed to separate truly viable projects from mere aspirants in a bid to ensure market stability. Summary Hong Kong Monetary Authority received 77 expressions of interest for stablecoin licenses by August 31. Applicants include banks, fintech firms, asset managers, Web3 startups, and state-owned enterprises. No licenses will be issued until 2025 as regulators carefully vet submissions. According to a September 1 local report by The Standard, the HKMA…

QCP trading, the over-the-counter trading arm for Singapore-based crypto trading and investment firm QCP Group, has secured a Major Payments Institution license from the country’s key financial regulator. Summary QCP Trading has secured a Major Payment Institution license from Singapore’s Monetary Authority. The approval follows an in-principle nod granted in November last year. QCP joins OKX, Coinbase, and Bitstamp as licensed operators in Singapore. According to a Sep. 1 press release, the Monetary Authority of Singapore has granted QCP trading the MPI license, which allows it to offer spot digital payment token trading services to institutional clients. QCP Trading was…

Bitcoin’s single-day hash rate on Tuesday hit a new high of 1.279 zettahash per second (ZH/s), according to mining data platform CoinWarz, even as the price of the asset remained roughly flat over the past 24 hours.  The hash rate also reached a moving average high for seven days, surpassing 1 ZH/s for the period.  The increases come, despite miners ongoing struggles with rising energy costs and lower rewards. After last year’s halving, the payoff for miners has fallen to 3.125 bitcoin, down from 6.250 previously.  Miners typically rely on the price of Bitcoin to go up to cover costs…

The next era of Web3 will be defined by simplicity: users won’t think about chains, bridges, or gas tokens; they’ll just use applications that work. Particle Network is bringing that vision to life to give users one account and balance across any chain, with the launch of the Particle Chain on Avalanche. The Particle Chain isn’t a general-purpose smart contract platform. It’s a high-performance coordination and settlement layer enabling Universal Accounts’ chain-agnostic user experience, demanding low latency, instant finality, built-in interoperability, and proven reliability in high-value environments. The Particle Chain Layer 1 (L1) is slated to go live in Q4,…