Author: NBTC

SBI Shinsei Bank will issue a digital currency for corporate clients in fiscal 2026, becoming the first Japanese bank to join JPMorgan Chase’s blockchain-based Partior network. Nikkei reported that the move aims to deliver near-instant international transfers at significantly lower cost than today’s systems. DCJPY Aims to Cut Fees and Speed Transfers Last year, the Financial Stability Board said that sending $200 abroad carried an average global fee of 6.4 percent. Current cross-border payments can take days to settle and involve multiple correspondent banks. By contrast, Partior completed a US-Singapore dollar interbank transfer in two minutes. SBI Shinsei’s participation will…

As more details about Coinbase’s recent data breach emerge, victims are divided on legal strategy. In May, Coinbase revealed that personal information, including government ID images and partial social security numbers, from more than 69,000 users had been stolen. Attorneys representing victims allege in court filings that Coinbase and a third party discovered the hack in January, but waited until May to alert customers and regulators. In a regulatory filing, Coinbase asserted that it learned about the data breach in May 2025 when a hacker demanded a $20 million ransom payment from the exchange. The breach itself took place in…

Bitcoin mining company CleanSpark (CLSK) has secured a new $100 million credit facility with Coinbase Prime, giving it access to fresh capital without selling its bitcoin holdings or raising equity. The shares rose nearly 6% in post-market trading, after the announcement on Monday. The mining company will use the proceeds for strategic capital expenditures, including expanding CleanSpark’s energy portfolio, scaling its bitcoin mining operations, and investing in high-performance computing (HPC) capabilities, the company said in a press release. Rather than selling bitcoin to raise cash or selling additional shares of the firm—a move that can dilute the current shareholders—CleanSpark is…

Circle, the company behind the USDC stablecoin, has launched a new blockchain platform called Arc. Unlike blockchains like Ethereum or Solana, Arc is a Layer-1 network designed specifically to support stablecoin-based applications. Stablecoins are tokens whose value is tied to fiat currencies such as the dollar. Arc is Circle’s effort to address the infrastructure challenges that limit the adoption of stablecoins at an institutional scale. “We’ve helped enterprises and builders use USDC across dozens of networks,” Rachel Mayer, VP of Product Management at Circle, told Decrypt. “The consistent feedback has been: make costs predictable, settlement finality deterministic, and privacy compatible…

PancakeSwap, one of the renowned decentralized exchanges (DEXs), has integrated Solana ($SOL) in its Crosschain Swap feature to broaden its reach. This advancement represents a significant move forward in the multichain decentralized finance (DeFi) interoperability. This integration allows users to swap tokens directly from the interface of PancakeSwap to seven major blockchains effortlessly. These blockchains include BNB Chain, Arbitrum, Base, Ethereum, ZKsync, Linea, and now Solana. Through this update, PancakeSwap aims to remove the struggle of users to juggle bridges or various other platforms. The users can transfer their tokens leveraging fast, low-cost, and fully integrated solutions. A Milestone in…

According to the latest stablecoin figures from defillama.com, the market is edging closer to the $290 billion threshold, with a current valuation of $289.40 billion. From Tether to Paypal: Stablecoins Battle for Billions This week’s snapshot of fiat-pegged tokens via defillama.com shows the sector expanded by $2.733 billion in seven days. Tether’s share has slipped, dropping beneath the 89% line to 58.84% of the total. Tether ( USDT) hardly moved but still managed a +0.86% climb for the week, resting on a massive $170.273 billion market cap. Circle’s USDC held steady with a mild +0.48% uptick, bringing its total to…

A seizure of over 56 million Canadian dollars (approximately 40 million USD) in cryptocurrencies, recently occurred in Canada thanks to on-chain analysis tools, brings the issue of national security back into the spotlight. Venture capitalist Tim Draper uses the case to urge governments and companies to enhance financial intelligence. The incident is also documented in official statements from Canadian law enforcement and fits into the framework of international recommendations on the risk associated with virtual assets: RCMP and the guidelines of the FATF. According to data collected from public reports and industry observers, similar operations between 2023 and 2025 have…

Stablecoin issuer Tether has denied widespread local media reports that it is exiting Uruguay over a $4.8 million debt dispute with one of the country’s state-owned electricity entities. According to local news source Telemundo, Tether abandoned its crypto mining operations and future plans after the National Administration of Power Plants and Electric Transmissions (UTE) unplugged power at its facilities for failing to pay a $2 million electricity bill for May. It also reported that Tether also owed around $2.8 million for other local projects, bringing its total liabilities to roughly $4.8 million, excluding fines and surcharges, Telemundo said on Saturday,…

ZEROBASE, a real-time ZK prover network, announced a strategic collaboration with the HPX Wallet, a multi-crypto and secure digital wallet. With this partnership, HPX integrated ZEROBASE’s security-enhancing architecture into its multi-coin wallet solution. With this synergy, the HPX wallet seeks to allow its customers to efficiently access DApps in an effective and rewarding way while ensuring the confidentiality and security of their assets. ZEROBASE is a ZK (zero-knowledge) proof protocol operating to ensure transparency and confidentiality in asset movements. The network runs across various protocols, including Layer-1 and Layer-2 blockchains and rollup chains, providing real-time proof generation. By utilizing tech…

Falcon Finance is expanding its USDf stablecoin reach, launching fiat on- and off-ramps across LATAM, Turkey, MENA, Europe, and the U.S., while adding real-world asset redemption options. Summary In 2025, Falcon Finance will add fiat on- and off-ramps in LATAM, Turkey, MENA, Europe, and the U.S., introduce physical gold redemption in the UAE, and support tokenized assets such as T-bills and stablecoins. In 2026, the protocol will launch a RWA engine for corporate bonds and private credit, expand gold redemption to MENA and Hong Kong, and roll out institutional-grade USDf products and investment funds. Falcon Finance, the next-generation dual-token synthetic…