Author: NBTC

Adeniyi Abiodun, co-founder of Sui, outlined three infrastructure advancements he believes could dramatically boost blockchain usage in everyday life. In recent comments, Abiodun identified zkLogin, gasless transactions, and private stablecoin payments as key upgrades with the potential to onboard billions of new users to blockchain networks. Key upgrades to improve blockchain adoption Abiodun explained that removing complex requirements and transaction costs is vital for reaching wider audiences. He emphasized zkLogin, a system allowing users to access blockchain services through familiar Web2 logins such as Google or Apple, without the need to manage seed phrases. According to Abiodun, this integration will…

The US non-farm payrolls data, eagerly awaited by the cryptocurrency market, has been released. According to the released data, non-farm employment in the US reached 172,000. Market expectations were for the figure to be around 85,000. The previous figure was recorded as 115,000. The unemployment rate in the US was announced as 4.3%. The expectation for the unemployment rate was 4.3%, and the previous data was also at 4.3%. The data coming in significantly above expectations indicates that the US labor market remains stronger than anticipated. This could increase expectations that the Fed may be more cautious about interest rate…

Ironically, some critics of the bill have pointed to recent reporting by the Wall Street Journal on the Hong Kong exchange CoinEx as evidence of the risk. CoinEx is actually a story of how to use a public ledger to track, trace, and disrupt nation state activity. Investigators traced roughly 3.84 billion dollars in transactions tied to Iran, connecting wallets controlled by Iran’s central bank to sanctioned military networks and to funds stolen separately by North Korean hackers. That level of detail is knowable today because it happened on a public blockchain, the same visibility critics are treating as the…

As stocks, ETFs, and other traditional financial products continue to move on-chain, Web3 wallets are expanding beyond basic asset storage. They are increasingly being used to help users access, manage, and interact with a wider range of digital financial products, reflecting the broader convergence of crypto and traditional finance. Against this backdrop, KuCoin said its Web3 Wallet’s support for Robinhood Chain expands its offerings across tokenized assets, real-world assets, and on-chain financial applications. The update follows recent additions, including support for tokenized US stocks and ETFs, xStocks, in-wallet perpetual futures, and broader multi-chain ecosystem access, further positioning the wallet as…

Virtuals Protocol has made headlines by successfully jumpstarting the agent economy on Robinhood Chain. As of July 16, the organization announced over $100 million in trading volume along with the launch of 2,400 agents within the first two weeks. This achievement signals strong early interest and potential growth in the agent economy, as noted in their recent tweet source. What Went Down The broader crypto market continues to exhibit mixed signals, yet Virtuals Protocol’s recent success presents a notable exception. Their rapid onboarding of agents and impressive trading volume highlight a burgeoning sector within the crypto space. The significant uptake…

In the never-ending battle between bitcoin $BTC$63,043.07, the digital gold, and the traditional yellow metal, veteran trader Peter Brandt has picked a side, and it’s not the one bitcoin bulls would have hoped for. Brandt, CEO of Factor LLC and widely followed chart analyst, said on X that he is mulling liquidating some of his $BTC and using the proceeds to buy gold, as he sees the yellow metal outperforming $BTC. “I am contemplating selling some of my Bitcoin and going to Gold with the money. Looks to me that Gold is going to gain substantially on Bitcoin,” Brandt told…

The U.S. economy added 172,000 jobs in May, nearly double economists’ expectations, strengthening the case for Federal Reserve rate hikes this year. The unemployment rate held steady at 4.3%, according to data released Friday by the Bureau of Labor Statistics. Bitcoin remained under pressure following the report, trading below $62,000 as the broader crypto market nursed steep overnight declines. The 10-year Treasury yield jumped to 4.52% following the report. U.S. equity index futures were also lower, the Nasdaq 100 index down 1.2%. Oil prices edged modestly lower at $94 per barrel, while gold slid 1.1% to around $4,400 per ounce.…

As $RLUSD continues to see growing adoption, its supply across the crypto ecosystem has also continued to expand, especially on the $XRP Ledger. Recent data shared by an $XRP-focused treasury firm shows that $RLUSD has crossed a major milestone on the $XRP Ledger as the Ripple-issued stablecoin continues to gain traction. $RLUSD shifts to $XRP Ledger Notably, the on-chain data showcased by the firm shows that more than half of $RLUSD’s total circulating supply is now on the network, suggesting the stablecoin is increasingly being used on the $XRP Ledger. It revealed that about 52% of all $RLUSD in circulation…

The Clarity Act will need to be sold to a large number of Democrats in the coming days, if it’s going to advance from the Senate before Congress’ summer break and the focus on this fall’s midterm elections. Though a new and potentially final draft is set to emerge as soon as Tuesday, it’s still absent a resolution on what may be the last and most important sticking point: a section that bans senior government officials — including the president — from personally engaging in the crypto industry. That ethics provision remains at the forefront of the debate, and many…

Blockchain.com has partnered with Polymarket to bring prediction market trading directly into its app for users in eligible markets worldwide. The integration will allow users to explore, open, and manage positions tied to real world events without connecting an external wallet or transferring assets to another platform, the companies announced Tuesday. Users will be able to participate using digital assets already held in their Blockchain.com accounts, removing additional onboarding steps and deposit fees associated with moving between platforms. The launch comes as prediction market activity reaches record levels during the final matches of the global football tournament. Polymarket generated more…