Author: NBTC
Russia’s crypto asset holdings have reportedly blown past 2 trillion rubles, worth more than $25.4 billion, by June 2025, according to Vasily Girya, CEO of GIS Mining, while speaking at the St. Petersburg International Economic Forum (SPIEF 2025). Russian companies are making large mining orders. This means more capital is flowing straight into the infrastructure of crypto. The money’s being directed into large-scale mining, not simple retail setups. This SPIEF 2025 ran from June 18 to 21 in St. Petersburg, and this year’s theme was “Shared Values: The Foundation of Growth in a Multipolar World”, clearly designed to push Russia’s…
WCT jumped 11% following news that Jupiter stakers will be eligible for a token claim tied to WalletConnect’s Solana expansion. WalletConnect Token (WCT) jumped on Thursday as buzz spread about an upcoming airdrop tied to Solana (SOL), and some Jupiter stakers are now on the list. Following the news, the price of WCT rose 11.6% and is trading at $1.06, according to data from CoinGecko. The token has gained 276.8% over the past month, rising from $0.2814 on April 15. The price rally followed growing anticipation around WCT’s expansion to Solana. At the Solana Accelerate event, WalletConnect Foundation founder Pedro…
As the Ripple vs. SEC case moves forward, rumors are growing on X (formerly Twitter) that Ripple could pay its SEC fine using XRP tokens while the price is still low. Some believe this might happen before ETF approvals and the FedNow launch on July 14. Ripple Paying SEC Fine in Cash, Not XRP However, former SEC official Marc Fagel has put those rumors to rest saying they are not paying in XRP. Instead, the money is already set aside in cash inside an escrow account. They’re not paying in XRP. It’s sitting in an escrow account in cash. —…
In the ever-evolving world of cryptocurrency, few entities command as much attention and scrutiny as those tied to the fallen giants, FTX and Alameda Research. Just hours ago, a significant on-chain event unfolded, sending ripples across the market: an address associated with FTX Alameda deposited a staggering 62,496.7 SOL, valued at approximately $9.07 million, into Coinbase Exchange. This substantial movement of Solana tokens immediately caught the eye of on-chain sleuths and market analysts alike. What does such a transfer signify, especially from an entity with a complex and often controversial past? Let’s dive deep into the implications of this latest…
The European Central Bank (ECB) has identified XRP Ledger as the underlying blockchain network for the Axiology distributed ledger technology (DLT) system. Crypto analyst Diep Sahn first noticed this in the ECB Eurosystem report on using emerging technologies for settlements. One of the projects that participated in the Eurosystem experiment was Axiology, a DLT securities trading and settlement infrastructure. The startup, founded by a former board member of the Bank of Lithuania, Marius Jurgilas, operates under the EU DLT Pilot regime. According to the report, 60 stakeholders and four central banks participated in the exploratory work across two phases. Through…
Bo Hines, President Trump’s top crypto advisor, hosted Bilal Bin Saqib, CEO of the Pakistan Crypto Council (PCC), at the White House this week to discuss strategic cooperation on Bitcoin and digital assets, according to a Wednesday announcement on the PCC’s official X page. “The meeting underscores Pakistan’s growing role in shaping digital asset policy in emerging markets and its commitment to fostering international partnerships that support crypto and blockchain adoption,” the council noted. “I envision Pakistan to be a leader in the Global South for Digital Assets,” said Saqib in a statement reported by Dawn. “From launching our Strategic…
The world of digital assets is constantly evolving, and with that evolution comes a growing need for secure and reliable infrastructure. One critical piece of this puzzle is crypto custody – the safekeeping of digital assets. Enter Komainu, a prominent player in this space, backed by some heavy hitters in traditional finance and the digital asset world. They’ve just announced ambitious plans that signal a major push for global market share, aiming to become a leading digital asset custodian outside the United States. This move is set to reshape the competitive landscape and underscores the increasing maturity of the institutional…
The cryptocurrency project Dogelon Mars has expanded beyond its memecoin origins to develop a Layer-2 blockchain called Rufus L2, designed to support an artificial intelligence-powered metaverse currently in development. The initiative combines blockchain technology with gaming features and AI-generated content creation tools. Dogelon Mars, which operates with the $ELON token, began as a community-driven memecoin inspired by space exploration themes. The project has since evolved into a broader ecosystem integrating blockchain infrastructure, artificial intelligence, and metaverse applications. Development partnerships with Caldera for blockchain infrastructure and Publicis Sapient for Web3 expertise provide technical support for the project scope. Rufus L2 Technical…
Texas has passed a law granting law enforcement the authority to seize digital assets, with the measure set to take effect on Sept. 1. On June 20, Texas lawmakers passed Senate Bill 1498, a bipartisan law that gives law enforcement the power to seize digital assets like Bitcoin (BTC), NFTs, stablecoins, and other cryptocurrency tied to criminal activity. The bill received full approval and is set to take effect on Sept. 1. Under the new law, digital assets can be seized if they were used in or gained from crimes such as drug trafficking, fraud, theft, organized crime, or human…
London, United Kingdom, June 25th, 2025, Chainwire GSR, crypto’s capital markets partner, today announced a major upgrade to its systematic over-the-counter (OTC) trading platform, expanding foreign exchange (FX) capabilities, improving execution quality, and broadening access to hundreds of digital assets. The upgraded platform introduces both a new user interface (UI) and an enhanced API, giving clients flexible access to GSR’s liquidity across more than 200 digital assets and 25 fiat currencies. This development reflects GSR’s mission to help founders and institutions scale with confidence by providing institutional-grade liquidity solutions that meet the demands of a rapidly evolving market. This upgrade…