Author: NBTC

Key Takeaways Grayscale’s Crypto 5 ETF (GDLC) began trading on NYSE Arca as the first multi-asset crypto ETP in the US. The ETF provides exposure to BTC, ETH, XRP, SOL, and ADA, covering over 90% of the crypto market capitalization. Grayscale Investments has officially launched trading of its CoinDesk Crypto 5 ETF, formerly the Grayscale Digital Large Cap Fund LLC, on NYSE Arca as the first multi-asset crypto ETP in the US, the company announced Friday. The ETF, trading under the ticker GDLC, gained SEC approval Wednesday to list on NYSE Arca as a multi-asset crypto ETP after the regulator…

Binance announced last week that it had permanently banned over 600 accounts found to be using unauthorized third-party tools. The company announced that from now on, any accounts found to be violating the Exchange, Binance Wallet or Binance Alpha platform rules or using automated tools (such as bot farms) will be permanently banned from all exchange activities and any profits from Alpha campaigns will be revoked. Users have speculated that these bans are focused specifically on the ChainOpera (COAI) token. Binance, however, did not directly name a specific token but maintained that it has a “zero tolerance policy against abuse…

The State of Wyoming has initiated a large-scale blockchain test involving 700,000 Frontier (FRNT) stablecoins, deploying 100,000 tokens each on seven major blockchains. Data from Dune Analytics researcher Marcov confirmed that the rollout took place on October 20 across Ethereum, Solana, Avalanche C-Chain, Arbitrum, Optimism, Base, and Polygon. This deployment marks the first major on-chain activity since Wyoming launched the FRNT stablecoin on mainnet in August. The program positions Wyoming as the first U.S. state to issue a government-backed stablecoin. Anthony Apollo, Executive Director of the Commission, emphasized the innovation behind the project, saying that Wyoming aims to prove governments…

Key Takeaways The Ethereum Foundation is decommissioning Holešky after completing the Fusaka upgrade. Holešky enabled the testing of PeerDAS and partial data verification, reducing bandwidth requirements for validators and benefiting L2 networks. The Ethereum Foundation has begun winding down Holešky, an Ethereum testnet launched in 2023 for large-scale validator and upgrade testing. In a post on X, the Foundation confirmed that Holešky will undergo planned node shutdowns two weeks after the Fusaka upgrade finalizes. Operators are advised to migrate testing to Hoodi and Sepolia, which now serve as Ethereum’s primary testnets for staking and application development. Holešky hosted major upgrade…

The Bank of Japan (BOJ) spooked markets Friday by announcing it will begin unwinding its $250 billion in exchange traded funds (ETFs) and Japanese Real Estate Investment Trusts (JREITs), assets it accumulated since 2010 as part of its ultra-loose monetary policy. Under the plan, the central bank will sell ETFs with a book value of ¥330bn ($2.2 billion) annually, equivalent to ¥620bn ($4.2 billion) at market prices. BOJ Governor Kazuo Ueda stressed the pace would be deliberately slow, noting it would take more than a century to fully dispose of the holdings. The announcement came alongside a decision to hold…

Digital asset custody and wallet provider Cobo becomes the latest web3 payment provider to join Google’s AI Agent payment protocol, with a live demo coming in 2026. Summary Singapore-based Cobo has joined Google’s Agent Payments Protocol (AP2) community, an open payment standard enabling AI agents to conduct secure, verifiable transactions on behalf of users. Cobo plans to launch AP2-based applications with a live demo in February 2026, leveraging its institutional custody expertise to power autonomous payment systems. In a recent post shared on Oct. 21, Singapore-based Cobo announced that it has joined Google’s network of partners involved in the Agent…

The first exchange-traded fund giving U.S. investors exposure to XRP had a roaring debut Thursday, bringing in close to $38 million in inflows in the best ETF launch of this year.  Rex Shares and Osprey Funds’ XRP ETF surpassed expectations as investors rushed to get exposure to the cryptocurrency.  The issuers’ DOJE ETF, the first Dogecoin ETF to trade in U.S. markets, generated a strong $17 million in its inaugural day.  The two funds’ success indicated pent-up demand for altcoin exposure, Bloomberg Senior ETF Analyst Eric Balchunas said, writing on X that it was a “good sign” for the long-list…

Nearly half of Kalshi’s traders were locked out of their accounts during a college football trading surge on Saturday, as widespread glitches and delays crippled the platform. Users trying to place bets saw their orders stuck mid-process, and balances simply vanished from view. According to CNBC for almost 20 minutes, the website showed nothing but a spinning green “K”, leaving frustrated users stranded without knowing if their wagers had gone through. One of them shared screen recordings with CNBC showing frozen Kalshi dashboards and blank bet slips. In a message sent directly to users, the platform reportedly admitted: “The Exchange…

BNB Chain has announced a collaboration with Better Payment Network to build an international settlement network using multiple regional stablecoins. The goal is to simplify and expedite cross-border payments from different regions. This is another significant step in improving and promoting financial inclusion in the use of blockchain technology. In recent years, stablecoins have emerged as a more reliable bridge between the traditional finance world and the blockchain ecosystem. However, global payments continue to be inefficient and disconnected due to different regulations and systems that aren’t interoperable. The collaboration with BNB Chain and Better Payment Network is working to address…

Ethereum co-founder and Consensys founder Joseph Lubin highlighted the importance of venture capital (VC) funding for the development of the world’s largest smart contract network, despite growing industry concerns over the influence of investment funds on Ethereum. The main goal of VCs like Paradigm is to “suck as much value as possible from the Ethereum and broader ecosystem,” while their secondary goals include “progressing the systems towards rigorous decentralization,” wrote Lubin in a Monday X post, adding that there is “no reason for concern.” Lubin’s comments come shortly after the departure of two key Ethereum researchers, which caused renewed concerns…