Author: NBTC

Lombard Finance has launched its LBTC token on Etherlink, the Layer 2 network built on the Tezos blockchain. This move brings Bitcoin liquidity into the Tezos ecosystem and expands access to DeFi services through LBTC, a liquid version of staked Bitcoin. With the launch, users can stake their Bitcoin through Lombard and receive LBTC in return. This token mirrors the value of Bitcoin and can be used within various DeFi applications on Etherlink. LBTC is fully backed and redeemable 1:1 for Bitcoin. The Bitcoin used to mint LBTC is staked to Babylon, allowing users to earn yield while holding the…

Bitcoin drove $468M of $1.1B in liquidations, affecting over 126K traders in 24 hours. Short positions dominated, with HTX seeing 96.74% of liquidations on the short side. Binance recorded the largest single liquidation, a $98.1M BTC/USDT position closed. Over $1.1 billion in leveraged crypto positions were liquidated within 24 hours, as price movements led to widespread margin calls across global exchanges. Phoenix Group’s data, published on July 14, confirmed that 126,238 traders were affected during the event. The majority of the liquidations came from short positions, which showed high-risk trading behavior amid ongoing market volatility. Bitcoin (BTC) accounted for the…

Ethereum celebrated its 10th birthday on Wednesday, marking a decade since its first block was produced. But what about the next 10 years? In its first decade, the network has established itself with the second-largest cryptocurrency by market cap, survived existential threats, and evolved in various ways. The Frontier launch brought Ethereum to life as a proof-of-work blockchain, the DAO hack divided the community and led to a controversial hard fork, celebs splashed millions of dollars on monkey JPEGs, the “merge” saw the network adopt a more environmentally friendly proof-of-stake model, and countless scaling networks have been deployed. Over the…

Bitcoin miner MARA Holdings (MARA) said it plans to raise $850 million through a private sale of 0% convertible senior notes due in 2032. The deal, aimed exclusively at qualified institutional buyers, includes an option for initial buyers to purchase an additional $150 million of the notes, potentially bringing the total raise to $1 billion, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday. The notes won’t pay regular interest and are convertible into cash, shares of MARA stock, or a mix of both, depending on buyer’s choice. They are are set to mature in…

The blockchain oracle company Redstone, which feeds data across hundreds of chains and rollups, has introduced a product designed to limit losses. It will be fueled by FastLane Labs’ Atlas, an execution abstraction protocol for securing on-chain apps. Instantaneous Results In a press release shared with CryptoPotato, Redstone, a modular oracle infrastructure for on-chain finance, announced the launch of Atom today, the first native liquidation intelligence oracle. The product introduces a new DeFi primitive by enhancing lending efficiency, enabling instant on-chain price updates, facilitating latency-free liquidations, and automating the capture of Maximal Extractable Value (MEV), all without requiring any code…

⁷The bull market may be taking longer than expected to kick into its final gear, but the Bitcoin price structure remains bullish and steadily climbing within a rising trend channel. However, the potential upper targets have also moved higher, and might open the door to unprecedented price levels in the weeks ahead. Why The Bull Market Delay Might Be Good News Global uncertainties have delayed the second and possibly final phase of the current bull market in cryptocurrencies. According to master kenobi’s post on X, he noted that these delays may end up working in our favor. While Bitcoin and…

XRP is now larger than some of the biggest companies in the world, and its most staunch investors believe that it’ll be in the top 10 assets “sooner than many might think.” Now the third-largest cryptocurrency, XRP is the 91st largest asset in the world, according to InfiniteMarketCap, with a market cap of $203.89 billion. Due to its 71.6% monthly rise, per CoinGecko, XRP has surpassed drinks company PepsiCo, telecommunications firm AT&T, and taxi app Uber. Ethereum, by comparison, is the 29th largest asset, ahead of the likes of retail company Cotco and medical firm Johnson & Johnson. As for…

Security is critical to the health of any blockchain ecosystem. Yet for many teams, rigorous testing still happens late in the development cycle, after features are finalized and timelines leave little room for iteration. A new integration between Octane, an AI-powered smart contract security platform, and Avalanche aims to change that. Now live across the Avalanche ecosystem, this integration brings continuous, automated security checks directly into developer workflows, helping teams identify and resolve issues as they code, preventing them from becoming deployment blockers. Why Early Security Matters Web3 projects often rely on traditional audits conducted at the end of the…

Daily trading in Bitcoin Ordinals reached its most active level since December 6, 2024, with CryptoSlam data showing $11.5 million in sales on July 14. The data also highlighted more than 8,000 unique buyers versus approximately 3,000 unique sellers, representing the widest buyer/seller gap in five months. The surge places the sales volume curve above every reading printed this year while pulling the buyer count to its highest point since late November. Weekly totals accelerate but remain slow overall Activity has been advancing for more than a week. CryptoSlam’s seven‑day dashboard lists $25.8 million in Ordinals sales, a 116% jump…

Shares of Fundamental Global plunged today on the Nasdaq after the company announced a major strategic shift toward Ether (ETH) as its primary treasury asset. The firm revealed plans to allocate $200 million to ETH, funded through a private placement of 40 million common stock warrants priced at $5 each. The move aligns Fundamental Global with other corporates building ETH treasuries. According to an announcement, the company aims to offer “multiple value drivers beyond ETH price appreciation,” including staking rewards and exposure to tokenized real-world assets. Strategic investors backing the pivot include Galaxy Digital, which will manage the company’s ETH…