Author: NBTC
This is a segment from the Empire newsletter. To read full editions, subscribe. Business-to-business (B2B if you will) stablecoin transactions are gaining momentum, per a new report from Artemis, Dragonfly, and Castle Island Ventures. The report found that such payments are annualizing $36 billion, which is a step above the person-to-person (P2P) rate of $18 billion. Source: Stablecoin Payments From the Ground Up As you can see in the chart above, the volumes have really picked up on the B2B side of things, showing that the adoption that we’ve been talking about is being heavily reflected in data. Love to…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Pump.fun is launching a token. Maybe you’ve heard? Blockworks first reported yesterday that the memecoin launchpad is looking to raise an eye-watering $1 billion at a $4 billion valuation via a token sale. The timing has raised a few eyebrows, with some industry watchers noting that the launch follows a cooling in platform activity from its January peak. At that time, bonding curve volume topped $10 billion, revenue approached $150 million, and nearly 1.7 million tokens per month were launched. Those figures have all dropped by more…
The cryptocurrency landscape in South Korea is constantly evolving, driven by regulatory developments aimed at ensuring transparency and security. As one of the nation’s leading platforms, Upbit plays a crucial role in shaping user experience and compliance standards. A significant recent announcement from Upbit is set to impact many traders and investors: the addition of BingX to its list of approved virtual asset service providers (VASPs). Upbit Adds BingX: A Key Development for South Korea Crypto Users In a move welcomed by users seeking greater interoperability and compliance assurance, South Korean crypto exchange giant Upbit officially announced the integration of…
This is a segment from The Drop newsletter. To read full editions, subscribe. Decentralized cloud computing provider io.net, which has its own IO token, is working with the Walrus team to let startups train, run and store their own custom AI models. IO offers a network of GPUs for AI training and fine-tuning, while Walrus is enabling AI model storage in the deal. The integration will be available as a pay-per-use offering, meaning builders are only charged for the amount of storage and computing power they use. This Bring Your Own Model (BYOM) offering lets AI agent devs or AI…
Ether (ETH) ETH$2,516.11 traded at $2,508 on June 14, down 0.88% in the past 24 hours, yet managed to hold support above the $2,500 level despite shifting institutional dynamics. According to crypto analytics platform Santiment, wallets holding between 1,000 and 100,000 ETH — referred to as whale and shark wallets — have added a net total of 1.49 million ETH over the past 30 days. This group increased its combined holdings by 3.72% and now controls 26.98% of the total ether supply. Santiment noted that while smaller, retail-driven wallets have been taking profits, these large holders have steadily accumulated. The…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. With Circle’s IPO in progress and the wrap of yesterday’s inaugural Stablecon event in NYC, it’s a great time to talk about stablecoins. If you haven’t heard of them, the living-under-a-rock quip is probably warranted. I bet that’s a peaceful life, though, so in some ways I envy you. But a misconception from those in the know?“To say that stablecoins are simply a new form of payment or a new digital currency would be like saying that the internet is a better version of the fax…
On the 1st of July, the crypto community will witness the launch of the second phase of Vechain Renaissance, Hayabusa. The Vechain Renaissance upgrade comes in three phases that will enhance the staking security and the scalability of the network. The VeChain Renaissance is an initiative launched in 2025 to transform the VeChainThor blockchain into a more scalable, decentralized, and enterprise-ready platform.CNF previously mentioned that this plan is structured into three distinct phases, Galactica, Hayabusa, and Intergalactic, each introducing significant technological and economic enhancements. On an X post, the Vechain team stated that “Renaissance represents the most comprehensive upgrade to…
Crypto news this week has been highlighting the shifting landscape, especially in terms of regulation. While it mainly focused on stablecoin regulation, the U.S. is swiftly moving towards creating regulations to govern the broader crypto market. The U.S., for the longest time under the previous SEC, painted digital assets in a negative light. This was because the U.S. government, along with other governments across the world, initially saw cryptocurrencies as a threat. The current U.S. administration is pro-crypto and has been rapidly moving towards introducing proper regulation for the crypto market. The recently introduced Clarity Act aims to achieve just…
E-commerce giant Shopify (SHOP) is bringing stablecoin payments to its merchants over Base, crypto exchange Coinbase (COIN)’s Ethereum layer-2 network, the companies said on Thursday. The integration is set to roll out on June 12 to a limited group of early access merchants, with broader availability expected later this year for all merchants using Shopify Payments, the companies said. Once the rollout is complete, merchants will be able to accept payments of Circle’s (CRCL) USDC token on-chain while receiving local currency settlements without incurring foreign transaction fees. Shopify said it plans to give 1% cash back to customers who pay…
One of Ethereum’s oldest wallets has just been revived, and the numbers are truly mind-blowing. According to blockchain tracking service Whale Alert, a dormant pre-mine address holding 2,000 ETH worth just $620 back in 2015 has been activated after nearly 10 years of silence. At today’s price, that stash is valued at over $5 million — a staggering 816,760% gain. The wallet address “0xcF264” has been confirmed as a Genesis Block participant, and it’s linked to one of Ethereum’s original funding addresses. After years of inactivity, it suddenly moved 500 ETH worth $1.27 million to another wallet, “0x2C12,” just 11…