Author: NBTC

Yaka Finance, a well-known DeFi platform, has announced the release of an exclusive product, Yaka Bridge. With this robust feature, Yaka Bridge, Yaka Finance aims to streamline and expedite cross-chain asset transfers to the Sei Network. The platform revealed the details of this product in a recent social media post shared on X. Yaka Bridge is here!Seamlessly move your assets to Sei and dive into Yaka, faster, smoother, anytime, anywhere.Built in collaboration with @debridge, the powerful cross-chain infrastructure connecting liquidity across DeFi.Your yield journey just got an upgrade. Let’s… pic.twitter.com/YMvK0ElXqL — Yaka Finance 🔱 – Degen’s Paradise on Sei (@YakaFinance)…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. You can finally trade traditional stocks on a blockchain! That’s thanks to “xStocks”, the new tokenized stocks product brought to you by Kraken and Backed Finance (and soon Robinhood). 24/7 trading, instant settlement, tokens composable with decentralized finance, dividend payments flowing directly to your wallets and — best of all — a legal claim on the underlying stock. Nice! Maybe my mom will finally understand the industry I work in. But wait…there are nuances. Anybody with a wallet can buy xStocks on Solana, yes. But only qualified,…

UNI tokens for the Ethereum-powered decentralized crypto exchange went parabolic in price over a 34-day rally from Nov. 4 to Dec. 8, last year. Since then, they’ve been falling in price, correcting over five months until this Thursday. For most of that time, UNI was moving in line with its currency peers by market cap. The center of gravity for everything fell in February and March, stocks included, as markets shuddered from the Trump shock, took profits on a large swath of unrealized gains, and sent their taxes to the federal government. Uniswap Tokens Lap Bitcoin in 48 Hours So,…

New Zealand is pulling the plug on crypto ATMs and capping international cash transfers at $5,000 as part of sweeping reforms aimed at what the country’s government says will choke off money laundering and criminal finance. Associate Justice Minister Nicole McKee unveiled the government’s latest overhaul of its anti-money laundering and countering financing of terrorism regime in a statement on Wednesday. A new bill will be introduced to expand enforcement powers for police and regulators, enable the Financial Intelligence Unit to gather broader financial data on persons of interest, and initiate consultation on a levy to fund the regime. “This…

This is a segment from The Breakdown newsletter. To read full editions, subscribe. “Private markets are the new public markets.”— Matt Levine Because I was a professional trader for a long time, people have always asked me for investment advice. At first, I’d try to explain that traders don’t know anything about investing, but then they’d just ask me for trading advice, as if it were the same thing. (Full disclosure: Traders don’t know much about trading, either. It’s mostly luck.) Eventually, I stopped trying to explain the difference and started just offering the standard advice instead: Put it all…

South Korea’s startup ministry proposed a new law revision that would allow crypto firms to register as venture companies. This reclassification would grant them tax reductions and other benefits. According to a notice published on July 9, the country’s Ministry of Small-Medium Enterprises and Startups proposed to amend the “Special Act on Promoting Venture Businesses.” The amendment would have digital asset firms and other crypto-affiliated business operators no longer be restricted from registering as a venture companies. Entities registered as venture businesses in South Korea are typically small and medium-sized enterprises or startups. These companies receive official certification from the…

BBVA Launches Crypto Services for Spanish Retail Users – Customers can now buy, sell, and store Bitcoin and Ether via the BBVA app. Spain’s Crypto Adoption Grows Amid Regulatory Push – BBVA expands digital assets services, joining other major banks in Spain’s crypto race. Banco Bilbao Vizcaya Argentaria (BBVA), a multinational Spanish bank, recently launched crypto trading (Bitcoin and Ether) and custody services for retail customers. Spanish customers can now use this service to buy, sell, and hold crypto assets directly through the BBVA app. The step is part of a broader strategy of BBVA to enable a seamless digital…

A group of prominent tech billionaires, including Palmer Luckey, Joe Lonsdale, and Peter Thiel’s Founders Fund, is backing a new digital bank Erebor aimed at restoring a financial lifeline to early-stage tech firms after the collapse of Silicon Valley Bank (SVB) in 2023. According to reports, the crypto-friendly bank has filed an application for a national banking charter and plans to operate as a fully digital institution. Erebor wants to plug an SVB-shaped vacuum Before its abrupt collapse in March 2023, SVB had long served as a financial backbone for early-stage tech companies, crypto firms, and venture capital outfits. Its…

XRP community eyes July 10 SEC meeting for clues on lawsuit resolution; some speculate a weekend appeal withdrawal could trigger a price surge. Legal experts like Marc Fagel urge caution, saying closed-door SEC meetings rarely deliver breaking news, especially over a weekend. The U.S. SEC has announced a closed-door meeting scheduled for July 10, reigniting speculation around the long-standing XRP lawsuit. The official agenda mentions “enforcement matters,” prompting hopes that this could mark a significant development, possibly even the end of the SEC’s appeal against Ripple Labs. While nothing has been confirmed, the crypto community is watching closely. A decision…

Gear Runner has announced a strategic collaboration with Meta Arena. Gear Runner is a platform that combines the M2E (Move-to-Earn) mechanism and Game Finance, built on top of the TON blockchain. The platform, whose key infrastructure is a GPS tracker that tracks real-world activities such as running, is designed to redefine fitness by rewarding physical activity with cryptocurrency. On the other hand, Meta Arena is a P2E game platform with NFT and Metaverse integration (developed on the SEI blockchain), conquering the blockchain gaming market with its advanced amalgamations. This alliance between the two firms represents an exciting collaboration of real-world…