Author: NBTC

The energy crisis in Iran has worsened in the past few months, with residents blaming the country’s crypto mining operations as the main cause. The energy crisis has caused a small number of vocal groups to take to the streets in demonstrations against the government. According to reports, Lake Urmia, which used to be one of the largest saltwater lakes in the world, has now lost its beauty, with people now describing it as miles of salt-encrusted marshland. In addition, the towns close by have also been affected, with experts noting that it may completely dry out at the end…

Dinari, the leading provider of tokenized U.S. public securities, has launched the Dinari Financial Network—the first Layer 1 blockchain designed to enable omni-chain liquidity and settlement for Dinari’s partner network. Built on Avalanche and powered by AvaCloud, the network deepens liquidity across chains, synchronizes onchain and traditional financial infrastructure, and accelerates Dinari’s mission to deliver global access to regulated, programmable equities. The Dinari Financial Network is compatible with a growing list of blockchain environments. This omni-chain approach makes Dinari’s equity products accessible across diverse ecosystems, while Avalanche provides the underlying consensus layer to ensure sub-second finality, compliance automation, and composability…

The financial world is buzzing with exciting news from DeFi Technologies, a prominent financial technology firm. They recently announced a remarkable achievement: a net profit of $17.4 million for the second quarter of 2025. This significant milestone underscores the growing maturity and profitability within the digital asset sector, especially for companies like DeFi Technologies profit that are strategically positioned. What Drove DeFi Technologies Profit in Q2? DeFi Technologies, the parent company of Swiss crypto ETP provider Valour, has clearly demonstrated robust financial performance. Their impressive DeFi Technologies Q2 results, detailed in a recent PR Newswire release, highlight a period of…

The cryptocurrency world is buzzing with significant news! A major milestone has been reached with the successful Bullish IPO, signaling a new era of mainstream acceptance for digital assets. This development is not just a win for one company; it represents a powerful step forward for the entire industry. What Does the Bullish IPO Signify for the Market? Crypto exchange Bullish recently made headlines by pricing its initial public offering (IPO) at $37 per share. This figure exceeded the expected range of $32–$33, showcasing strong investor confidence. The company successfully raised an impressive $1.11 billion by offering 30 million shares,…

Tajikistan claims damages from illegal Bitcoin mining operations. According to the country’s Attorney General Khabibullo Vokhidzoda, the country lost more than $3.52 million to this menace in the first half of 2025. Speaking at a press conference, the AG mentioned that the damages relate to the illegal use of electricity by miners, with the state compensating energy providers for their loss. “There are people who import equipment for mining companies into the country from abroad and illegally mine cryptocurrency,” said Vokhidzoda. He added that about four to five criminal cases involving the use of mining equipment have been opened against…

This is a segment from The Drop newsletter. To read full editions, subscribe. Blockchain devs are increasingly centering their new products around user accounts and identities — and are launching their own chains as a result. Zink, an SVM L1 from ATMTA, is the latest new blockchain to join the trend. ATMTA is the studio behind the in-development space exploration game Star Atlas, which for years was expected to use Solana’s mainnet for all its crypto elements. But that now appears to be changing. While some die-hard Solana fans might see the move as a shakeup, those unfazed by this…

The decentralized finance (DeFi) sector’s total value locked (TVL) has climbed to $154.248 billion, with liquid staking giant Lido and lending platform Aave maintaining dominant positions. Lido, Aave Take Top Spots as DeFi TVL Surpasses $150B Data from defillama.com shows TVL declined 3.23% over the past 24 hours, yet the figure remains well above the $150 billion threshold, showcasing the sector’s scale. Stablecoins in circulation have a combined market capitalization of $273.3 billion, with decentralized exchange (DEX) platforms handling $24.665 billion in daily trading volume. Perpetuals markets processed $38.692 billion over the same period, while network participants paid $121.27 million…

The world of corporate finance is witnessing a significant shift as companies increasingly explore the potential of digital assets. A notable development comes from Nasdaq-listed 707 Cayman Holdings, which is embarking on a strategic journey to build a substantial crypto treasury. This move highlights a growing trend in how traditional businesses view and integrate cryptocurrencies. What is 707 Cayman Holdings’ Bold Crypto Treasury Move? Nasdaq-listed 707 Cayman Holdings has signed an important Memorandum of Understanding (MOU) with Precious Choice Global. This agreement signals their clear intention to explore building a significant crypto treasury reserve. This strategic initiative aims to include…

Miomi Game, a web3 esports platform launched on multiple blockchain across the ecosystem, has integrated Polygon to bring gaming prizes in Agora’s stablecoin AUSD to players. Summary esports platform Miomi Game has added support for Agora stablecoin AUSD on Polygon. The web3 platform will tap into the stablecoin for crypto prizes. Miomi Game recently integrated Tether (USDT) on Manta Network. The esports online arena announced the integration with Polygon on Friday, and eyes fast, low-cost, and secure transactions for players. With this move, Miomi Game players can now create, join matches and win using AUSD on the Polygon network AUSD…

Polygon integration with Polkadot on the Hyperbridge testnet is an immense step forward in cross-chain integration. The announcement highlights the integration as being by default trustless, moving towards decentralized bridging systems. Hyperbridge itself down-streams the proof computation to cryptographic co-processors, providing a cheaper on-chain computation cost. This architecture helps cross-chain messages to be scalable, secure and additionally makes them efficient since it swarms numerous message proofs into one succinct verification camcoder that is convenient to use in general verification. Technical Support of Hyperbridge Hyperbridge executes proofs off-chain, and provides final validation on-chain without excessively burdening Polkadot main chain. The strategy…