Author: NBTC

The $ENS DAO Public Goods Working Group has been sunset after four and a half years of funding Ethereum infrastructure, working group lead Simona Pop said on X Thursday morning. The group’s final term committed $450,000 in $USDC and 72.5 ETH, worth roughly $123,000 at current prices, across Builder Grants, Strategic Grants and advocacy work, according to Pop and the working group’s term 6 report posted to the $ENS governance forum. Strategic Grants alone totaled $375,000 $USDC in the term, co-funded with the Ethereum Foundation at roughly a 1-to-1.2 ratio. Recipients included Vyper, the alternate smart-contract language whose deployments secure…

Four weeks. That’s what Cynthia Lummis has left. The Wyoming senator, who chairs the Senate’s Digital Assets Subcommittee, is racing to get the CLARITY Act to a floor vote before the August recess. Week One: A Bill Ten Months in the Making Lummis says her team has worked on this “virtually every day for the last 10 months.” The bill is finally ready. It’ll be introduced within days, she says, kicking off a four week sprint before senators leave Washington again. “We’re ready for prime time,” she said. Whether the Senate agrees is a different question. The Ethics Trap Nobody…

Binance, the world’s largest cryptocurrency exchange, announced its proof-of-reserve system to restore declining trust in crypto exchanges following the sudden bankruptcy of FTX. Binance, which publishes reserve reports at regular intervals, has released its 44th reserve report. According to Binance’s official website, the reserve ratio (the ratio of Binance’s holdings to user assets) for major cryptocurrencies is excessively collateralized. Apart from Bitcoin, the report includes $USDT, Ethereum, $BNB, Solana, $USDC, $USD1, TRUMP, ENA, Arbitrum (ARB), POL, FORM, PENDLE, Aptos (APT), RLUSD, CRV, CHZ, S, Optimisim (OP), WIF, GRT, BOME, TUSD, ENJ, 1INCH, CHR, SSV, MASK, BUSD and HFT were included.…

Bitcoin [$BTC] climbed above $65,000 during the week beginning the 12th of July. A cooler Consumer Price Index reading supported the move by easing inflation concerns. However, $BTC later retreated toward $64,000. Beneath this volatility, miners continued sending fewer coins to exchanges despite worsening financial conditions. Why are Bitcoin miners struggling? CryptoQuant data showed that miners faced significant pressure, based on its Miners’ Financial Health Index. The index combines mining revenue, fees, issuance, and other inputs to measure the industry’s overall financial health. Source: CryptoQuant Based on its seven-day Moving Average, the index stood near 29% at press time. Readings…

Enterprise blockchain adoption doesn’t get limelight overnight, but Hedera today added another piece to a much bigger puzzle. The network has integrated with Utila, which is known as an institutional grade digital asset custody and wallet infra provider. By joining hands they are expanding secure access to $HBAR and Hedera Token Service (HTS) tokens for enterprises operating at scale. The partnership arrives as Hedera continues building its presence across regulated financial markets, where security, compliance, and operational control often matter more than hype. Utila Brings Institutional-Grade Infrastructure Utila enters the collaboration with solid credentials. The platform has secured $51.5 million…

Binance’s Top Wallet Stops Sending But Keeps Receiving Address 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo holds 248,598 $BTC, worth $15.74 billion and 1.24% of all coins in circulation. It’s the largest address on the entire blockchain in terms of $BTC held. Binance’s cold wallet label first received funds on Oct. 18, 2018, and it’s still receiving $BTC today, with a last-in timestamp of July 3, 2026. The address has logged 5,531 separate inbound transactions, by far the highest input count of any wallet in the top 12. That volume points to constant customer deposits flowing into cold storage rather than a handful of large transfers.…

Token unlocks often trigger market consequences. More than $5.8 million worth of Canton [CC] tokens entered circulation over the last 24 hours, increasing the amount of supply available to the market. Such events are typically associated with heightened volatility as traders position for potential selling pressure. However, this time the reaction has deviated from the norm. Source: DefiLlama Why CC’s surging volume doesn’t reflect its price According to the recent data from Token Terminal, CC’s trading volume has recorded significant weekly gains. The network’s trading volume has surged by about $10 million over the past seven days. At press time,…

The United States Senate returned from its holiday recess on July 13 with one piece of paper waiting on its desk that matters more to crypto markets than any price chart. The Digital Asset Market Clarity Act, the market structure bill the industry has chased for the better part of two years, sits on the Senate Legislative Calendar with no floor vote scheduled, a shrinking window before the August recess, and prediction market odds that have collapsed from the low seventies to roughly 43 percent. On July 17, the House Financial Services Committee takes the unusual step of holding a…

Solana is generating $4.15 billion in 24-hour decentralized exchange volume — and doing it while its token sits 57% below its peak. That disconnect is worth paying attention to. The Solana DEX volume figure places it ahead of both $BNB Chain and the newly launched Robinhood Chain, which itself posted roughly $3.1 billion in cumulative DEX volume across its entire first week of life, according to Bernstein research. The contrast tells two different stories about where onchain activity is actually happening right now. Key takeaways Solana recorded $4.15 billion in 24-hour DEX volume, ranking first among all blockchains and ahead…

Injective, a blockchain platform focused on decentralized finance, has formally applied to the U.S. Securities and Exchange Commission (SEC) for designation as a Transfer Agent. The filing represents a significant step toward integrating traditional financial market infrastructure with blockchain technology, specifically for the issuance and management of regulated real-world assets (RWAs). What the Filing Means A Transfer Agent is a critical intermediary in traditional securities markets, responsible for maintaining records of ownership, issuing and canceling certificates, and processing investor communications. By seeking this status, Injective aims to bring these core functions on-chain. Under its proposed model, the token itself would…