Author: NBTC
A few days ago, Backed Finance announced the launch of the tokens Coinbase Stock (bCOIN) and S&P 500 (bCSPX) on the Avalanche C-Chain network. Thanks to these tokens, eligible DeFi users will be able to gain on-chain exposure to both the S&P500 and Coinbase. The new tokens from Backed Finance on Avalanche: bCOIN (Coinbase) and bCSPX (S&P 500) Backed Finance and the RWA revolution on Avalanche Avalanche: the network for the tokenization of RWAs The future of DeFi The new tokens from Backed Finance on Avalanche: bCOIN (Coinbase) and bCSPX (S&P 500) bCOIN is nothing more than a token that…
The tokenized real-world assets (RWA) sector surpassed $10 billion in total value locked (TVL) for the first time on March 18, registering an all-time high on March 21 at nearly $10.4 billion TVL. Along with the growth in TVL, the RWA sector has become the best-performing segment of the crypto market year-to-date. The TVL of RWA protocols jumped 30% in 2025 and almost 140% year-on-year. The leap is even more significant compared to March 2023, when RWA protocols had less than $1 billion in TVL, reaching 1,054% growth. Tokenization represents an asset from the real world in the blockchain’s digital…
It looks like the race to launch an XRP ETF is picking up speed. Big names in finance – Grayscale, Nasdaq and CBOE – are making moves, each one filing applications with the SEC to bring XRP-based ETFs to market. It is not just one or two firms either; the momentum is growing. Grayscale wants to turn its XRP Trust into an ETF. Nasdaq is pushing for listings of XRP and Litecoin ETFs from CoinShares. CBOE? It has multiple applications in, aiming to list an XRP ETF from four different asset managers: Canary, 21Shares, Bitwise and WisdomTree. The industry is…
The crypto ecosystem relies on centralized exchanges for trading volumes. The active centralized exchanges completed $251.46 billion worth of transactions during the past seven days. TOP CENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Binance #HTX #GateIo #MEXC #OKX #Coinbase #Bybit #Bitget #Upbit pic.twitter.com/2aZcYw2jhX — PHOENIX – Crypto News & Analytics (@pnxgrp) March 24, 2025 Binance Leading the Centralized Exchanges Charts, HTX Seconds Binance remains the top exchange based on its exceptional trading volume of $13.22 billion in one day and its extraordinary weekly trading volume which reached $80.4 billion. Binance stands at the top of the exchange market because its extensive…
The National Bank of Poland will not consider holding Bitcoin reserves “under any circumstances,” according to the central bank’s president, Adam Glapiński. Speaking at a press conference, Glapiński said that a given asset “must be absolutely secure” for the NBP to consider adding it to its reserves. Glapiński compared Bitcoin unfavourably to gold, which he says helped the bank’s reserves increase in value by 22% last year. However, the NBP’s president didn’t completely dismiss the cryptocurrency, noting that “there is a lot to be said about Bitcoin,” even if his bank doesn’t believe it could serve as a “permanent, safe…
World Liberty Financial (WLFI), the decentralized finance protocol backed by U.S. President Donald Trump and his family, confirmed on Tuesday its plans to launch a U.S. dollar-backed stablecoin.USD1 is anchored to $1 and will be fully backed by short-term U.S. governemnt securities, U.S. dollar deposits, and other cash equivalents. The reserves will be custodied at BitGo, while BitGo Prime, the firm’s brokerage service will provide liquidity for the token. The stablecoin will be first available on Ethereum and BNB Chain, with plans to expand to other networks, the protocol said. The announcement came after crypto observers brought attention to test…
eToro officially filed a registration statement with the U.S. Securities and Exchange Commission (SEC), marking a significant step toward its long-anticipated initial public offering (IPO). According to its announcement, the company intends to list its Class A common shares on the Nasdaq Global Select Market under the ticker symbol “ETOR.” However, key details such as the number of shares and pricing range remain undisclosed. The offering’s completion will depend on market conditions and regulatory approvals. “The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as…
Elon Musk’s recent name change on social media platform X (Twitter) inspired a parabolic surge for the HARRYBOLZ token. It marks the second time Musk has inadvertently inspired a rally for a crypto token by changing his name on the popular social media platform. Elon Musk Changes X (Twitter) Name To Harry Bōlz While his X handle remains @elonmusk, the platform’s CEO has changed his account name to Harry Bōlz. In the immediate aftermath of this name change, the price of HARRYBOLZ rallied by over 3,000% before profit booking commenced. HARRYBOLZ Price Performance. Source: Dexscreener Notably, this is not the…
This is a segment from The Drop newsletter. To read full editions, subscribe. Luke Barwikowski, founder of the pixelated MMORPG Pixels on Ronin, has revealed that he’s received repeated death threats against himself and his family because of his role in the crypto gaming industry. “I don’t think people understand the amount of death threats Web3 founders get — it’s kind of crazy,” he wrote. “I have thick skin & good opsec though.” OpSec, or operations security, is a term that refers to one’s security process that prevents sensitive info from getting into the wrong hands. “It’s not just me,”…
Binance, the world’s largest cryptocurrency exchange, has decided to remove the market maker of the altcoin Movement (MOVE) from the exchange due to its illegal activities. Binance announced that a market maker in MOVE made a net profit of $38 million by selling 66 million MOVE tokens. “We have confirmed that a Movement (MOVE) market maker is associated with another market maker that was recently removed from the exchange for illegal activities. As a result, we removed the market maker from the exchange and banned all market making activities on Binance.” Binance also explained the inappropriate behavior of the banned…