Author: NBTC

Cryptocurrency exchange OKX announced that it will remove the UXLINKUSDT pair from its futures trading platform in order to maintain market stability and reduce potential risks. OKX Removes UXLINKUSDT Perpetual Contract According to the statement made by the company, the contract in question will be closed at 22:00 on September 23, 2025. The exchange warned that price volatility could increase in the lead-up to the contract’s removal. Users were advised to reduce leverage or close positions in advance to mitigate risk. It was also stated that if price deviations occur near the closing of the contract, limit price rules may…

In 2025, the crypto industry is shifting from hype to utility. Stablecoin frameworks are taking shape, tokenized assets are entering mainstream markets, and artificial intelligence is beginning to transact on-chain. At the center of these changes, layer-1 blockchains are being redefined not as experiments, but as the infrastructure powering real-world adoption. “Layer-1s are still the backbone of the industry,” said Marc Vanlerberghe, chief strategy and marketing officer at the Algorand Foundation, on this week’s episode of Decentralize with Cointelegraph. “Everything else builds on top of them. You can innovate endlessly at the edges, but without a secure and scalable base,…

A fascinating development recently captured the attention of the crypto world: substantial Bitfinex USDT borrowing activity. Two wallets closely connected to the prominent cryptocurrency exchange, Bitfinex, made a significant move on the blockchain. This event involved a massive supply of Ethereum (ETH) to a decentralized lending protocol, followed by a substantial loan in USDT and its subsequent transfer to a specialized vault. Understanding these on-chain maneuvers is crucial for anyone tracking major movements in the digital asset space. What Happened: The Mechanics of Bitfinex USDT Borrowing? Onchainlens, a reputable analytics platform, reported that these Bitfinex-associated wallets initiated a large-scale transaction.…

easyGroup, the company behind easyJet and easyHotel, is entering crypto with the launch of easyBitcoin.app, a mobile platform built with Uphold to make buying and holding bitcoin BTC$112,200.55 simpler for retail users, the company said in a press release Tuesday. The move comes as bitcoin trades near record highs and surveys show rising confidence in the asset. The world’s largest cryptocurrency was trading around $112,650 at publication time. A study commissioned by Uphold found 88% of U.S. respondents trust bitcoin to grow their wealth over the next decade, with 39% ranking it among their top three investments, ahead of gold…

Key Takeaways Ethena Labs’ synthetic dollar stablecoin USDe will soon be listed on US-based Kraken, signaling its first entry into the American market. USDe differs from traditional fiat-backed stablecoins (like USDC) by maintaining its USD peg using delta-neutral hedging with BTC and ETH derivatives. Kraken announced that Ethena Labs’ synthetic dollar stablecoin USDe will be listed soon, marking the token’s first availability on a US-based exchange. USDe, a synthetic dollar stablecoin designed to maintain a value pegged to the US dollar through hedging strategies rather than traditional fiat reserves, differentiates itself from fiat-backed alternatives like USDC through delta-neutral hedging with…

OneKey, a cutting-edge crypto wallet, has partnered with WINkLink, a popular decentralized oracle ecosystem. The main purpose of this collaboration is to bolster Web3 security to build trust among consumers. As OneKey disclosed in its official announcement on X, the partnership aims to combine its expertise in hardware wallet security with the dependable oracle services of WINkLink. Hence, the development is poised to fortify trust in the decentralized ecosystem by enabling seamless user access to on-chain data. OneKey x WINkLink: Strategic PartnershipWe are excited to announce that OneKey has officially entered into a strategic partnership with the decentralized oracle network…

The decentralized finance (DeFi) industry saw another historical mark when Aave received more than 3.5 billion deposits in under 24 hours after opening operations on the Plasma network. This success helps to repeat the importance of the institutional interest in DeFi solutions and to indicate the strategic nature of cross-chain integrations within the increasing blockchain setup. Smashing Records in the DeFi Space The figure of $3.5B is not merely a numerical value but rather an indication of a standard shift performed in organizational and retail investor perceptions regarding decentralized lending platforms. Recent statistics state that Aave has been recording all-time…

The U.S. preliminary benchmark payrolls revision revealed a downward adjustment of 911,000 jobs for the one-year period ending March 2025, the largest on record. The news suggests the labor market was far weaker than previously suggested by the government’s monthly Nonfarm Payrolls reports. Those very closely watched reports are responsible for tens of billions of capital allocation decisions, not to mention playing a major factor in Federal Reserve monetary policy. Had those numbers been previously available, it’s highly likely that the Fed would have been trimming rates all through 2025. At the moment, the U.S. central bank is overwhelmingly expected…

Binance is leading the charge across various centralized exchanges in terms of trading activity metrics, while others like OKX and Gate have been strengthening their positions. Gate has emerged as one of the strongest rising exchanges, with a notable increase in spot volumes in August, which won the exchange the second global position behind Binance, with its spot trading crossing over $600 billion monthly, according to August reports. Binance maintains lead in terms of spot volume. Source: CryptoRank Binance also dominated the futures market in August, recording volumes above $3.25 trillion, while OKX had $1.26 trillion and Gate’s grew to…

Gate emphasized that the true differentiation lies not only in speed and low transaction costs but also in the ability to provide instant liquidity and an existing user base. Additionally, they highlighted the importance of offering practical DeFi products. At the same time, the upgraded tokenomics mechanism positions GT not merely as an exchange token but also establishes GT as the evolving “fuel” of Gate’s Web3 ecosystem. Competitive Pressures Major players have already rolled out their own Layer-2 (L2) solutions—such as Coinbase’s Base, Binance’s opBNB, Kraken’s Ink —and the launch of Gate Layer marks a critical milestone in Gate’s Web3…