Author: NBTC

The U.S. Treasury Department is pushing forward with a narrow comment window on its preliminary, formal efforts to solidify the recently established stablecoin law into a set of regulations. This arm of President Donald Trump’s administration has opened what’s known as an “advance notice of proposed rulemaking” on Friday, which is an early step taken to gather information that will be used to put together an actual proposal. In this case, the government is asking for data on building out its requirements under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS) Act, including prohibitions on issuers, sanctions…

PACT SWAP now supports swaps across Dogecoin and Polygon without using wrapped assets or bridges. The two blockchains are the latest addition to its range of supported assets. Summary PACT SWAP adds support to Polygon and Dogecoin, enabling native permissionless swaps through the decentralized exchange. The protocol aims to grant customers lower fees and easier swapping between blockchains, even those that are usually incompatible. In a press release sent to crypto.news, the cross-chain decentralized exchange PACT SWAP now enables native permissionless swaps across the Dogecoin and Polygon blockchain. Starting September 18, swaps on the cross-chain DEX can be made without…

Analysts at cryptoquant.com say ethereum is riding “dual momentum,” pairing heavier institutional positioning with record onchain usage. Cryptoquant Report Notes Lower Selling Pressure While Ethereum’s Onchain Use Peaks In a recent analysis, Cryptoquant cites fund holdings that have roughly doubled since April 2025 to about 6.5 million to 6.7 million ETH, alongside wallet cohorts holding 10,000 to 100,000 ETH that now sit above 20 million ETH. The firm’s researchers note that large allocators are increasingly treating ethereum as a strategic asset, while cautioning that much capital is already deployed. Cryptoquant’s report adds that total ethereum staked has risen to a…

MoneyGram, the ubiquitous send and receive cash network for retail customers, has made U.S. dollar-pegged stablecoins and blockchain settlement rails the digital backbone of its revamped mobile app, the company said on Wednesday. Customers in the Latin American country of Colombia, where MoneyGram has an extensive retail network of over 6,000 locations, will be the first to use the new app to receive and store stablecoin payments, with plans to expand to additional markets in the near future. Colombia is the ideal launch market, says MoneyGram CEO Anthony Soohoo. It’s a major inbound remittance corridor where families receive more than…

The US Treasury Department has initiated the regulatory process by taking the first official steps under the recently enacted stablecoin regulation GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins Act). The Department, part of President Donald Trump’s administration, today opened an early phase of the proposed rule change process called “advance notice.” This phase is intended to gather input from the public and industry representatives to form the basis for any future formal regulatory proposal. As part of a one-month feedback period, the public and cryptocurrency companies will have until October 20th to submit their opinions. The Treasury’s…

The company is using Aave to optimize liquidity, manage treasury, and build innovative DeFi products. The development signals the prevailing institutional shift towards DeFi. AAVE has gained more than 5% on the news. Altcoins remained on the radar as they continue to outperform Bitcoin after the September 17 interest rate cut. Amidst the optimism, publicly listed Galaxy Digital has confirmed significant integration with Aave, a leading lending protocol. The financial services company announced that Aave is key to its strategic operations, including treasury undertakings, trading, and lending. The approach aims to reduce dependence on centralized liquidity providers and enhance capital…

A peculiar but revealing market is getting serious traction on Myriad: Will Fed Chair Jerome Powell wear a purple tie during the September FOMC press conference? As of now, the crowd overwhelmingly believes yes. But it’s not just about fashion—this prediction market taps into deeper symbolism around the Fed’s public identity. According to a recent report by Columbia Business School, Powell’s choice of a purple tie is no accident. Brett House, economist and professor at Columbia, noted that Powell’s consistent use of purple is a part of reinforcing the Federal Reserve’s image as non-political in an era of heightened polarization.…

A new chapter in decentralized finance (DeFi) is unfolding on the Tron network, thanks to an exciting announcement from its visionary founder, Justin Sun. He has officially unveiled SunPerp, a groundbreaking decentralized perpetual futures exchange (perp dex) designed to revolutionize how traders engage with digital assets. This innovative platform marks a significant expansion for the Tron ecosystem, bringing sophisticated trading tools to a broader audience. What Exactly is SunPerp and Why Does it Matter? For those new to the concept, a perpetual futures exchange allows traders to speculate on the future price of an asset without an expiration date, often…

The hacker responsible for stealing over $300 million from Coinbase has just made another major Ethereum purchase. According to on-chain data from Arkham, wallet address 0x15f4c13E0cA461e0ef23F6d35Bbeb5dCE2495879 received 3,976 ETH worth approximately $18 million at a price of $4,756 per token. This wallet has been closely monitored since the May 2025 breach, when Coinbase disclosed that nearly 70,000 customers had their personal data compromised. The attack involved bribing overseas support staff and using social engineering tactics to trick users into transferring funds. In response, Coinbase offered a $20 million reward for information leading to the arrest and conviction of those responsible.…

The Fed’s interest rate decision, a crucial one for Bitcoin and altcoins, will be announced today. While it’s generally accepted that the Fed will cut interest rates, there’s speculation about whether it will implement a surprise 50 basis point cut. While the Fed’s interest rate decision is eagerly awaited, analysis firm QCP Capital said that the Fed is expected to start the interest rate cutting cycle with a 25 basis point cut. QCP analysts noted that investors are focusing on 2026 as the Fed’s intention to begin interest rate cuts in September is clear in the markets. At this point,…