Author: NBTC

Merlin Chain, a Bitcoin Layer-2 solution, today announced a strategic alliance with Sui Network, a Layer-1 blockchain recognized for offering low gas fees and high-speed transaction processing. With this partnership, Merlin Chain is well-positioned to redefine the Bitcoin ecosystem by launching its flagship product, M-BTC, on Sui’s Layer-1 network. Based on this innovative advancement, Merlin wants to further connect its M-BTC offerings with the larger DeFi ecosystem, providing BTC investors with a seamless trading experience on Sui’s rapidly growing Layer-1 network. Since its establishment, the M-BTC service has been integrated into multiple permissionless blockchains, including Solana, Ethereum, Solana, and many…

SharpLink Gaming is raising a further $400 million to expand its Ethereum treasury, with the firm expecting its total ETH holdings to top $3 billion soon thereafter, the publicly traded firm said Monday in a statement. The online gambling marketer aims to sell its shares for $21.76 each to five global institutional investors, according to the company’s press release. The sale is expected to close on Tuesday, August 12, if all closing conditions are met. “The speed and scale of these investments reflect not only investor trust in SharpLink, but also the growing recognition of Ethereum’s transformative potential,” SharpLink co-CEO…

xStocks, tokenized U.S. equities issued by Backed, have surpassed $2 billion in trading volume within just six weeks of their launch on Solana. Summary Since launch, Backed’s xStocks on Solana reached $2.1B in cumulative trading volume. xStocks are SPL tokens that represent fractional ownership of real U.S. stocks and ETFs, backed 1:1 by shares. Tradable globally 24/7 via CEXs (Kraken, Bybit), wallets (Phantom, Solflare), and on-chain venues (Raydium, Jupiter, Kamino) with full self-custody and DeFi integration. According to a recent case study by Solana Foundation, xStocks—the tokenized U.S. equities launched by Backed on Solana (SOL)—have achieved rapid adoption since their…

Blazpay, an advanced decentralized finance (DeFi) infrastructure provider, has announced its groundbreaking Partnership with Aylab, a renowned entity contributing to the broader Web3 growth. The primary purpose of this collaboration is to improve the Web3 infrastructure by merging AI-powered DeFi with Aylab’s growth infrastructure for users. We’re excited to announce our partnership with @Aylab_io — one of the biggest Web3 growth partners with a cutting-edge user acquisition platform.🤝Together, Blazpay x Aylab are driving the next wave of growth in Web3 — combining AI-powered DeFi simplicity with Aylab’s proven… pic.twitter.com/OC9xHxGyl2 — Blazpay (@blazpaylabs) August 21, 2025 At the core of this…

Ethereum (ETH) has extended its bullish run, surging past $4,300 and posting a staggering 45% gain over the past month. The world’s second-largest cryptocurrency now eyes the $5,000 milestone, triggered by unprecedented whale accumulation, institutional inflows, and a wave of regulatory clarity in the U.S. In just the past four weeks, over $4.17 billion has flowed into Ethereum-focused investment products, with entities like Galaxy Digital, FalconX, and BitGo facilitating large-scale purchases. One “mysterious institution” reportedly acquired 221,166 ETH worth nearly $1 billion in a single week, signaling long-term confidence at elevated prices. Whale Buying and Institutional Inflows Strengthen Ethereum (ETH)’s…

Paolo Ardoino, the CEO of Tether, attributed nearly 40% of all blockchain gas fees to transactions sending USDT. He pointed out that hundreds of millions of users on ETH, Arbitrum, BSC, Solana, Polygon, TON, Avalanche, and Tron used USDT daily. Ardoino asserted that the Tether digital dollar (USDt) protected families in emerging economies against local inflation and national currency devaluation. He added that blockchains focusing on “lower gas fees” paid in USDT would “take over the world.” However, Ardoino explained that Tether was not looking to go public, even after expanding in the U.S. He said the company will remain…

AEON, a modular cryptocurrency payment protocol, today announced a strategic alliance with OpenEden, a RWA tokenization platform, to bring the latter’s tokenized money market fund into its crypto trading platform. This is a huge milestone for AEON as this alliance enabled it to integrate its crypto trading applications with traditional financial solutions, providing new opportunities for institutional investors. AEON is a cryptocurrency payment network designed to facilitate digital asset payments and improve real-world engagement. On the other hand, OpenEden is a Singapore-based real-world asset tokenization network that allows investors to invest in US Treasury Bills. Tokenized real-world assets just got…

Foundry USA unexpectedly mined eight Bitcoin blocks in a row, a streak that stood out on explorers’ and social feeds. Controlling roughly a third of the network’s hashrate, the pool’s run was unlikely but still possible. Summary Foundry USA mined eight Bitcoin blocks straight, from heights 910,500 to 910,507, in a run that grabbed crypto feeds. With roughly 36% of the network’s hashrate and about a 30% share of active pool activity, the odds of this streak were around 1 in 12,000 — but still within the realm of chance. The run shows how a few large pools can briefly…

A proposal to pre-mint 60 million crvUSD to bootstrap Curve’s new Yield Basis AMM is sparking debate across the governance forum and social media, raising deeper questions about the DAO’s authority, risk management, and how to safely scale the protocol’s stablecoin footprint. Yield Basis, led by Curve founder Michael Egorov, is a new Curve-native AMM that uses constant leverage to eliminate impermanent loss in Bitcoin pools. To launch its first three pools — wBTC, cbBTC and tBTC — Yield Basis is asking for a 60 million crvUSD allocation, which it says would be borrowed and paired with BTC to create…

Ethereum broke above the $4K resistance, and turned it into a key support level for potential upward continuation. The breakout from a multi-year ascending triangle sees a new target at $4.8K. Rising volume indicates increasing buying interest Ethereum surged past the $4K mark after breaking out from a long-term ascending triangle. The move positions ETH for a potential rally toward $4.8K as bullish momentum builds across the market. Ethereum Clears $4K — $4.8K Target Comes Into Focus Ethereum broke the $4K resistance for the first time in months. This level has been a barrier since 2024, stopping every breakout attempt.…