Author: NBTC

The GENIUS Act is poised to change the stablecoin landscape by steering issuers away from yield-based models and toward payment-focused use cases, according to Sygnum chief investment officer Fabian Dori. “The GENIUS Act was recently amended to create a clear separation between interest/yield-bearing stablecoins and those used for payments,” Dori told Cointelegraph. He said this brings the US framework closer to the EU’s Markets in Crypto-Assets (MiCA) regulation, laying the foundation for “global consensus.” Dori added that the real impact of the GENIUS Act goes beyond regulation. “By providing long-sought-after clarity, it gives confidence to organizations and issuers to develop…

Sumit Gupta, the CEO of Indian cryptocurrency exchange CoinDCX, has publicly rejected claims that the platform is in talks to be acquired by the U.S.-based exchange Coinbase. The denial follows growing speculation that Coinbase was seeking to purchase CoinDCX at a discount, rumors that emerged after a recent $44 million hack impacted CoinDCX’s operations. Sumit Gupta: “CoinDCX is not for sale” In a statement posted on the social media platform X, Gupta directly addressed the reports, stating that CoinDCX is not for sale and remains committed to its mission in India. Related: CoinDCX CEO Vows a “Stronger” Comeback and Launches…

AGI Open Network (AON), a popular platform for AI Agent development, has collaborated with Fireverse, a prominent AI music forum accounting for a massive 16M consumers and over $3 million in overall creator earnings. The partnership focuses on empowering builders, musicians, and creators by merging Fireverse’s cutting-edge music creation tools with advanced infrastructure of AGI Open Network for tokenization and reliable model hosting. 🥳 We’re excited to announce our strategic partnership with @FireverseVFireverse: A top AI music platform with 16M+ users & $3M+ in creator earnings.🤝 Partnership Highlights:🔹No-code tools for custom AI music agents.🔹AON enables trusted model hosting via TEE.🔹Tokenize……

A consortium of Bitcoin-native investors is set to acquire SGA Co., Ltd., a KOSDAQ-listed software provider based in Seoul, according to a July 14 statement shared with CryptoSlate. The investor group includes Sora Ventures, AsiaStrategy, Metaplanet CEO Simon Gerovich, and KCGI, a prominent Korean private equity firm specializing in governance-led growth. This collective also played a prominent role in Metaplanet Inc., the Tokyo-listed company known for converting its corporate treasury to Bitcoin. SGA Co., which delivers system integration solutions to educational institutions and public agencies, confirmed that its board has approved a third-party share issuance to the consortium. According to…

Non-fungible token (NFT) sales surged to over $574 million in July, marking the second-highest monthly volume this year, according to data from NFT tracker CryptoSlam. The figure represents a 47.6% increase from June’s $388.9 million but trails January’s $678.9 million, the highest recorded monthly sales volume in 2025. The number of transactions dipped from 5.5 million to five million, a 9% drop month-over-month. However, the average sale value climbed to $113.08, the highest in six months, suggesting growing appetite for higher-value assets. Unique buyers dropped to 713,085, down 17% from July’s 860,134, while unique sellers increased to 405,505, up 9%…

Imagine a financial landscape where the innovative spirit of digital assets seamlessly integrates with the robust infrastructure of traditional banking. This vision is rapidly becoming a reality, and a recent announcement from 21Shares, a leading global issuer of cryptocurrency Exchange Traded Products (ETPs), and French banking giant Societe Generale, marks a truly pivotal moment for Crypto ETPs. This strategic collaboration is not just another headline; it’s a testament to the growing maturity and institutional acceptance of digital assets, promising to reshape how investors access the burgeoning crypto market. According to a press release on GlobeNewswire, 21Shares has officially signed an…

Feng, a former employee of a short video platform, defrauded the company of 140 million yuan (about $19 million) by collaborating with external partners using insider information, according to a case announced by Beijing’s Haidian District Procuratorate. It was determined that Feng and his accomplices converted this money into Bitcoin and laundered it using “coin mixing” methods. Eight people were sentenced to prison and fines. More than 90 Bitcoins were seized and turned over to authorities. According to the People’s Daily, Feng was responsible for approving applications for service providers and developing and implementing incentive policies for the short-form video…

Fidelity National Information Services Inc. (FIS) revealed its collaboration with Circle Internet Group Inc. to integrate stablecoin-based transactions for banks and financial firms. FIS hopes to support US banks in enabling their customers to send local and international payments in Circle’s USDC. Himal Makwana, global head of corporate strategy at Jacksonville, Florida-based FIS, said it’s no longer a fringe thing this time— it’s becoming foundational to all parts of financial services. He added that stablecoins are far more developed and focused on addressing real client challenges. FIS will incorporate USDC into its Money Movement Hub The FIS plans to add…

Taskon, a Web3 task platform, has announced a strategic collaboration with Memebridge, a cross-chain bridge solution, to bring a new cross-chain experience and composability for Web3 tasks (applications). Taskon is a task collaboration platform designed to support the execution of Web3 tasks in a decentralized manner. It helps task creators and doers coordinate effectively and harmonize their interests. In other words, it enables users and Web3 projects to connect and build their growth through marketing tools. On the other hand, Memebridge is a multi-chain bridging solution specialized in facilitating the efficient movement of memes and other virtual assets across various…

After revealing back in 2021 that he’d take his entire salary in bitcoin, Odell Beckham Jr. is feeling pretty good about that choice in 2025. On Monday, as BTC punched through to a fresh all-time high, Beckham took a victory lap, saying it was “safe to say we still happy with our decision.” OBJ’s Bitcoin Bet From 2021 Is Paying Off Big in 2025 In 2021, Odell Beckham Jr.—then a wide receiver for the Los Angeles Rams—made headlines after opting to take his full $4.25 million salary, including his base pay, signing bonus, and incentives, in bitcoin (BTC). Teaming up…