Author: NBTC
21Shares has cross-listed five new exchange-traded products on Nasdaq Stockholm, bringing its total offering on the Swedish exchange to 10 ETPs. Crypto ETP issuer 21Shares has expanded its presence on Nasdaq Stockholm by cross-listing five new exchange-traded products (ETPs): Uniswap ETP (AUNI), Avalanche ETP (AVAX), Bitcoin Gold ETP (BOLD), Solana Core Staking ETP (CSOL), and 21Shares Ethereum Core ETP (ETHC). These join an existing lineup of five 21Shares products already available on Nasdaq Stockholm, including Bitcoin (ABTC), Ethereum (AETH), Solana (ASOL), XRP (AXRP), and Bitcoin Core ETP (CBTC), bringing the total to 10 offerings on the Swedish exchange. “We’re committed…
Magic Square.io Joins Metis HyperHack, Hackathon with $200K Prize Pool and AI-driven Web3 on Hyperion
Metis, a Layer-2 scaling solution, announced that Magic Square.io, a Web3 platform, has joined its HyperHack, a three-month hackathon that started May 15th, 2025. Magic Square.io is a discovery engine and Web3 platform that makes DApps, Web3 services, tools, and games discoverable. The hackathon, which is scheduled to conclude on August 16Th, 2025, aims to showcase the game-changing potential of Hyperion, Metis’ AI-advanced, high-performing blockchain. The HyperHack invites developers across the globe to develop and test DApps leveraging Hyperion’s real-time multiprocessing, on-chain AI integration, and high transaction speed. 🔦 HyperHack Partner Spotlight: @MagicSquareioFrom idea to adoption, Magic Square gives builders…
$300,000 Bitcoin calls and a fading $85,000 put wall — is the market preparing for something explosive?
Why are traders piling into $300K Bitcoin calls while hedging at $85K fades? Is this a signal the market is bracing for something explosive? Table of Contents Bitcoin price reclaims $107,000 as political jitters fade BTC options data shows strong bullish lean into June expiry BTC breakout gains traction with support from options flows Bitcoin price reclaims $107,000 as political jitters fade Bitcoin (BTC) has quietly stabilized after a volatile week in which political headlines briefly disrupted market sentiment. The public dispute between U.S. President Donald Trump and Elon Musk pushed BTC toward the $100,000 mark, raising concerns about short-term…
KyberSwap adds Mayan Finance for fast, seamless cross-chain swaps with Wormhole protocol. U.S. DOJ indicts Andean Medjedovic for $65M DeFi hacks targeting KyberSwap and Indexed Finance. Medjedovic’s strong math background highlights the technical skill behind sophisticated crypto crimes. KyberSwap recently added Mayan Finance, powered by the Wormhole protocol, to enable seamless cross-chain swaps. This integration expands user access to liquidity across multiple blockchains without leaving the KyberSwap interface. The upgrade offers various swap routes tailored to different use cases, including ultra-fast swaps, large stablecoin transfers, and high-volume flows supported by Wormhole’s liquidity pools. Kyberswap 🤝Mayan🤝WormholeSeamless cross-chain swaps in a single…
Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees
American economist Paul Krugman, who won the Nobel Prize in 2008, believes that stablecoins do not have any practical utility. In a May 30 blog post entitled ‘Digital Corruption Takes Over DC,’ Krugman opined that “stablecoins don’t serve any clearly useful function,” adding: “They [stablecoins] can’t be used to make ordinary purchases, and there’s nothing you can do with them that can’t be done more cheaply and more easily with debit cards, Venmo, Zelle, wire transfers, etc.” Therefore, Krugman questioned why anyone would not just use U.S. dollars instead of using tokens that are “supposedly backed by dollars.” According to…
Spetz Inc., parent company of SonicStrategy Inc., completed the first week of its strategic digital asset accumulation program. The company purchased 3.35 million S altcoins, the native token of the Sonic blockchain, at an average unit price of $0.41. These transactions cost a total of $1.37 million. The company’s total Sonic token holdings thus reached 3.9 million. The press release issued by Spetz included the following statements: “Spetz is pleased to announce that we have successfully completed our first weekly open market purchases as part of our strategic digital asset accumulation program. In the process, we purchased approximately 3.35 million…
Coinbase CEO Brian Armstrong visited London this week, meeting with British policymakers to discuss how the UK can take a leading role in the global crypto market. He stressed the need for clear and supportive rules that allow crypto companies to grow while protecting users. Great to be in London today to meet with policymakers on how the UK can position itself competitively in the global race for crypto.This is a pivotal moment – hopeful the UK seizes this opportunity to solidify its position as a global leader in crypto. Bullish on Britain!… pic.twitter.com/w4uIVrJiRI — Brian Armstrong (@brian_armstrong) June 16,…
Binance is expanding its product offering with a series of launches and rewards set to go live on June 17, 2025. The exchange announced the official launch of its Bombie (BOMB) token via the Token Generation Event (TGE). Binance Launches Bombie (BOMB) Through Binance Token Generation Event (TGE) A total of 50 million BOMB tokens have been set aside for future events, indicating that community engagement initiatives will continue. In addition to the BOMB launch, Binance has launched two new airdrops for eligible users: ULTI: Available free of charge to eligible participants. VELO: Distributed in exchange for 15 Alpha Points,…
By integrating Chainlink Data Streams, Ostium ensures real-time, low-latency, and accurate crypto market pricing. This technology, which combines off-chain speed with on-chain verifiability, enhances trading precision while mitigating risks like frontrunning, making it ideal for derivatives and high-frequency trading. Ostium Labs became the largest decentralized perpetual exchange on Arbitrum with a total trading volume of more than $5 billion. This is an important milestone that shows the direction of the growing influence on the platform in the decentralized finance (DeFi) space. It’s driven by a strong focus on real-world asset (RWA) markets and a sophisticated backend powered by Chainlink Data…
Bitcoin and stablecoins are stealing the spotlight, and one company hopes to tap into both of them. Bitcoin (BTC) and stablecoin narratives converge in the latest funding round. On Thursday, June 18, BitVault secured a $2 million investment to build a Bitcoin-backed stablecoin. The bvUSD stablecoin will launch on Katana, a new chain incubated by Polygon Labs and GSR. GSR is also a strategic investor in the venture, along with Gemini, Auros, and Keyrock. The funding round came amid rising interest in stablecoins, especially after the Genius Act passed the U.S. Senate. With the regulatory clarity introduced by the Genius…