Author: NBTC
Blockchain behemoth Ripple has published a press release about adding the first EUR-backed stablecoin to the XRP Ledger — MiCA-compliant EURØP. The asset was developed and launched by Schuman Financial. Per Ripple, this is a major step toward adopting compliant stablecoins and launching payments, tokenized RWAs and on-chain finance in the European Union. EURØP goes live on XRP Ledger The product’s launch took place today, May 22. EURØP is touted as a redeemable stablecoin fully backed by EUR. The issuer has a license from the ACPR (Banque de France) — a regulatory authority of the European Central Bank. The reserves…
The U.S. Senate narrowly passed President Donald Trump’s massive reconciliation bill on Tuesday—but failed to include key tax amendments in the legislation that would have benefited crypto users. In the hectic final hours of heated negotiations over the president’s “One Big, Beautiful Bill,” pro-crypto senators and industry policy leaders raced to tack an amendment onto the bill containing numerous long-sought tax benefits for crypto stakers and miners, businesses that hold crypto stockpiles, and retail digital assets users. Ultimately, however, the clock ran out. Only over the weekend were the crypto tax provisions, spearheaded by Sen. Cynthia Lummis (R-WY), deemed ready…
MARA Holdings’ Bitcoin mining production slid 25% in June as the firm faced poor weather conditions at a Texas facility and ongoing challenges that have made mining more difficult industry-wide, its June report shows. The Florida-based company produced 713 Bitcoin in June, or 237 fewer tokens than it did in May. Similarly, the Bitcoin miner won just 211 blocks last month, or 25% less than its record-high 282 blocks won in May. The company held a total of 49,940 BTC worth more than $5 billion as of June 30, according to its statement. MARA attributed the mining production dips to…
Wormhole integration enables XRPL tokens to move seamlessly across multiple blockchains. Ripple and Wormhole partnership builds infrastructure for mass blockchain adoption. XRPL gains enhanced multichain functionality while preserving native token control. Wormhole is preparing to extend its capabilities to the XRP Ledger (XRPL) network. This move aims to provide the secure and reliable multichain infrastructure necessary for blockchain networks to interact seamlessly across different platforms. David Schwartz, Chief Technology Officer of Ripple and co-creator of the XRP Ledger, highlighted the importance of interoperability in blockchain adoption. He explained that for blockchain technology to achieve widespread use, infrastructure must extend beyond…
The Katana Foundation, a non-profit organization focused on innovating decentralized finance (DeFi), announced on Monday the public mainnet launch of its Katana blockchain, with support from GSR and Polygon Labs. Katana has already attracted over $200 million in pre-deposits since its public reveal less than a month ago, according to DeFiLlama. The blockchain is designed to address some of DeFi’s most persistent problems: low liquidity, unreliable yields, and capital constantly flowing out of the system. Katana Prelaunch TVL To address these, the team will employ tools such as VaultBridge, which earns yield from Ethereum-based assets, and chain-owned liquidity (CoL), which…
Ethereum price started a fresh increase above the $2,480 zone. ETH is now consolidating gains and might soon aim for a move above the $2,520 resistance. Ethereum started a fresh upward move above the $2,450 level. The price is trading above $2,450 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains stable above the $2,420 zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase…
Tron, the layer-1 network founded by controversial crypto entrepreneur Justin Sun, is set to debut on the Nasdaq through a reverse merger with SRM Entertainment, a purveyor of theme-park merchandise, The Financial Times reported on Monday. Citing two people briefed on the matter, the outlet reported that Dominari Securities, a boutique investment bank with ties to U.S. President Donald Trump’s two eldest sons, is spearheading the deal involving the eighth largest cryptocurrency by market value. On Monday, SRM said in a press release that Sun was tapped as an advisor to the Winter Park, Florida-based firm, alongside a $100 million…
A US judge overseeing Do Kwon’s securities fraud case approved yet another court deadline extension yesterday as both Kwon’s legal team and prosecutors continue to hold “productive talks.” Both parties requested another two weeks to file pre-trial motions, giving them until July 15. This is despite Kwon’s legal team suggesting they’re now ready to file motions. Kwon’s lawyers claim they want to postpone the deadline so they can continue to hold “productive discussions” with US prosecutors. His legal team was also given until December 1 to provide expert disclosures. At a recent court hearing, Kwon’s lawyers suggested that the money…
INTO, an emerging name among decentralized ecosystems, has announced an exclusive partnership with OnlyLayer, an advanced Ethereum L2 scaling solution provider. The collaboration denotes a significant step to redefine L2 Scaling on Ethereum ($ETH) network. The platform revealed this development on its official social media account. 🚨 Partnership Announcement 🚨We’re excited to announce our partnership with @onlylayer — an innovative Ethereum Layer 2 scaling solution combining Optimistic and ZK Rollups for unmatched speed, security, and efficiency ⚡Stay tuned for updates on this exciting partnership!!… pic.twitter.com/eC6rIpetvd — INTO (@intoverse_) June 30, 2025 INTO Joins OnlyLayer as Collaborator to Bolster L2 Scaling…
Today, 1inch officially announced the addition of support for transactions on Solana. Therefore, starting from this Monday, June 30, 2025, 1inch users can exchange over a million Solana tokens directly within their wallet. Furthermore, the wallet di 1inch now supports real-time Solana balance tracking, dApp connections, synchronization with Ledger devices, and security features for managing Solana tokens. 1inch: the leader of DEX aggregators Solana lands on 1inch The advantages of Solana integration 1inch: the leader of DEX aggregators 1inch is the leading DeFi aggregator. The platform was launched in 2021, in the middle of a bull run, but it is…