Author: NBTC

The Ethereum market is undergoing changes as Ethereum treasury firms and Ethereum exchange-traded funds ( ETFs) are still increasing their purchases of Ether (ETH). Although the two groups are actively buying some ETH over the last few months, an evident pattern developed such as treasury firms such as SharpLink and Bitmine acquired more Ethers than large ETF firms such as BlackRock. According to crypto analyst Sassal on x, In the last several months, the Ethereum treasury companies and Ethereum based ETFs have entered the ETH market with a huge percentage. Three larger treasury companies namely SharpLink, Bitmine, and another unknown…

Key Takeaways AI startup Rillet raises $70M Series B to transform ERP for SaaS firms, with a16z and ICONIQ backing its automation-first accounting tools. This follows Rillet’s $25 million Series A in May, led by Sequoia Capital. Rillet, an AI startup reimagining ERP (enterprise resource planning) with automation-first accounting tools for SaaS and high-growth companies, has raised $70 million in Series B funding co-led by Andreessen Horowitz (a16z) and ICONIQ, the company announced Wednesday. This brings Rillet’s total funding to over $100 million in under a year. Seth Pierrepont, General Partner of ICONIQ, and Alex Rampell, General Partner of a16z,…

Solana dApps can now embed one-click transfers with Across’ new integration. The launch removes UX barriers that once pushed 13% of users to abandon bridging attempts, according to the protocol. Summary Across has expanded its intents-based bridging infrastructure to Solana, enabling one-click transfers between Ethereum and Solana. The integration removes multi-step claims and leverages a decentralized solver network to finalize transfers in seconds. Solana’s $10.1 billion inbound bridge volume has faced high abandonment rates, and Across positions its model as a fix to legacy bridging inefficiencies. Iinteroperability protocol Across has officially expanded its intents-based bridging infrastructure to the Solana blockchain,…

Centrifuge’s integration with Aerodrome is making RWAs accessible on DeFi platforms. Summary Centrifuge launched decentralized RWAs on Aerodrome, one of the largest EVM-based DEXs Users can trade these deRWAs and use them as collateral across the EVM ecosystem The protocol plans to expand this standard to the Ethereum mainnet and Solana. Real-world assets and decentralized finance are increasingly converging. On Wednesday, August 20, Centrifuge officially launched decentralized RWA tokens on Aerodrome, one of the largest DEXs on Base (BASE). The move makes RWAs tradable and usable as collateral on DeFi platforms across EVM chains. “This is the inflection of connecting…

U.S. stocks opened higher and Bitcoin held the $114k level as Wall Street continued to cheer corporate earnings amid ongoing jitters around trade deals. Summary Stocks opened slightly higher amid investor focus on key corporate earnings results. Tariffs remain in focus amid the Aug. 7 deadline. The benchmark S&P 500 opened 0.3% higher and the Nasdaq added 0.5%, while the Dow Jones Industrial Average edged up by 38 points. Meanwhile, Bitcoin (BTC) continued to hover near $114,000, where it has held for most of the week as sell-off pressure persists. Bitcoin reached an all-time high above $123,000 in July 2025.…

The Base blockchain overtook Tron to become the fifth-largest blockchain in TVL, clocking in at over $6.6B. A spokesperson representing the Morpho DeFi protocol said the Layer 2 blockchain did great at promoting borrowing and lending protocols. The spokesperson added that the Morpho-Coinbase integration allowed users to borrow stablecoins against their BTC holdings. The DeFi protocol’s representative also pointed out that this integration was a significant driver of deposits, contributing nearly $1B to Morpho’s TVL on the L2. Bernstein researchers expect the U.S.-listed crypto exchange to increase its stock’s value to $510 (+60%) by further leveraging the recent rally in…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. When one thinks of DeFi’s greatest innovations, automated market makers (AMMs) come to mind. Popularized by early OG teams like Bancor and Uniswap in 2018, AMMs enabled permissionless liquidity provision without the need for professional market makers to manage an order book. This permissionless structure has immense benefits for bootstrapping markets around illiquid tokens, but it comes with many well-known tradeoffs. Since liquidity positions and execution is public, LPs are vulnerable to MEV attacks, manifesting in price impact and slippage problems for the end-user. Protocol designers have…

A new cryptocurrency whale has purchased $1.34 billion worth of Ether in the past eight days, outpacing record US spot Ether ETF inflows and fueling speculation over the token’s price trajectory ahead of key US inflation data. The whale acquired 312,052 Ether (ETH) across 10 newly created cryptocurrency wallets, according to crypto intelligence platform Lookonchain. The whale has acquired $300 million more than the record-breaking inflows to US spot Ether exchange-traded funds (ETFs), which amassed $1 billion worth of Ether on Monday, their largest daily net inflows since launch. Analysts say the billion-dollar accumulation could help push Ether closer to…

Metaplanet stock price has crashed and entered a bear market as demand for Bitcoin treasury companies waned and investors began booking profits. Summary Metaplanet share price has plunged by 55% from the year-to-date high. The stock has dropped as Bitcoin treasury companies dive. Technical analysis points to more downside in the near term. Metaplanet shares have plunged to ¥910 ($6.18), the lowest level seen since May 23 and 55% below this year’s peak. This decline has pushed the company’s market capitalization from ¥1.14 trillion to ¥638 billion. Why the Metaplanet stock price has crashed There are several reasons why Metaplanet’s…

The projects with the most active users on a weekly basis in the cryptocurrency market have been announced. On-chain data reveals activity in the user base of decentralized exchanges (DEXs), particularly layer-1 and layer-2 blockchains. BNB Chain took first place on the list. Here are the altcoin networks with the most weekly active users, their user numbers, and the change in active user numbers compared to last week: BNB Chain (BNB) – 16.9 million (+7.1%) Near Protocol (NEAR) – 16.1 million (+0.7%) Solana (SOL) – 13.7 million (-27.1%) Base – 7.0 million (-27.9%) Tron (TRX) – 6.5 million (+10.8%) opBNB…