Author: NBTC

Animoca Brands, a Web3 investment company, is planning a public listing in New York, seeking to capture the “unique moment” offered by the Trump administration’s approach to digital asset regulation, executive chairman Yat Siu told the Financial Times. An announcement on plans to list could be made soon, Yat Siu said in an interview, according to the Financial Times. Under former President Joe Biden, the U.S. crypto regulatory landscape was littered with lawsuits and enforcement actions against prominent crypto companies such as crypto exchanges Coinbase and Kraken. These have been dropped this year in a signal of the more friendly…

After a strong bullish reversal, Ethereum’s momentum appears to be cooling amid massive profit-taking from holders. Ethereum (ETH) is trading at $2,438 as of press time, down 3.5% in the past 24 hours after a strong 34% rally over the past week. Open interest has decreased by 2%, as per Coinglass data, indicating a reduction of leveraged bets. The decline comes after an intense rally that saw ETH soar from $1,800 to over $2,500 in a matter of days. According to a May 13 analysis on X by Glassnode, the rapid climb was supported by a lack of resistance between…

Solana Name Service (SNS.SOL), formerly Bonfida, has recently launched the SNS token and developed a detailed tokenomics strategy. Notably, 40% of the SNS token supply is allocated for an airdrop. So, how can users claim their share of the SNS token airdrop? Let’s find out the details in this article. Solana Name Service Unveils SNS Token Solana Name Service is a domain name service on the Solana blockchain. This project has officially introduced the SNS token. According to an announcement, this move marks a significant shift aimed at reorienting and better serving the community of .sol domain holders. Previously, FIDA…

Layerzero has launched Hyperbridge, a new interoperability solution connecting external blockchain assets to Hyperliquid’s decentralized trading ecosystem, which recently saw its open interest hit a record $5.6 billion. Cross-Chain Trading Boosted as Layerzero Rolls Out Hyperbridge for Hyperliquid Layerzero, an omnichain interoperability protocol, has introduced Hyperbridge, a tool designed to streamline asset transfers between external blockchains and Hyperliquid’s decentralized exchange (DEX). The launch comes as Hyperliquid, a high-speed perpetual futures platform, reported a new all-time high open interest of $5.6 billion on Sunday, May 11, 2025, showcasing its growing influence in decentralized derivatives trading. Source: Hyperliquid via X Layerzero enables…

There has been a 14% increase in the global stablecoin supply since January to just over $242 billion. Tether continues to dominate the stablecoin industry, with nearly 61% of the overall stablecoin market in circulation. This rise in supply results from increased liquidity and stronger investor activity in the DeFi platform. Since the beginning of 2025, global stablecoin supply has grown by roughly 14%, suggesting increased liquidity flow and DeFi investor demand. According to Token Terminal, the aggregated Year to Date (YTD) change has shown steady momentum recently, skyrocketing in recent weeks, bringing the market closer to the $200 billion…

The decentralized finance economy runs on something known as “liquidity”, which refers to the funds provided by protocol users to keep their engines ticking over. These liquidity pools are the lifeblood of DeFi applications, enabling users to swap tokens, lend and borrow funds, and more. At the time of writing, there is currently more than $100 billion of value locked into hundreds of DeFi liquidity pools. The vast majority of these pools are what fuel the token trades on decentralized exchange platforms. They’re created when users lock two kinds of crypto into a smart contract, providing the capital needed for…

Tokenized real-world assets (RWAs) will hit a $50 billion market cap by the end of this year, with U.S. Treasuries dominating the sector, a new report projects. Titled “The Great Tokenization Shift: 2025 and the Road Ahead,” the report compared the ongoing tokenization of the financial market to the overhaul that the 2009 ETF revolution introduced to the financial market. Compiled by digital currency market-making firm Keyrock and tokenization platform Centrifuge, the report projects a $50 billion market this year in a bullish scenario, driven by regulatory clarity, institutional adoption and DeFi integration. Source: Keyrock “All assets will eventually be…

Flare Networks has minted over $60 million in USDT0, enabling gasless and seamless cross-chain stablecoin transfers. USDT0’s launch fueled over 160% TVL growth on Flare in just 10 days, boosting DeFi utility across multiple chains. Flare Networks has announced that over $60 million in USDT0 stablecoins have been minted on its network. This massive minting shows how rapidly the adoption of this cross-chain stablecoin is taking off. With the advantage of transferring between blockchains without bridging fees, USDT0 is slowly but surely starting to push DeFi activity to a different level. There’s no need to even bother wrapping tokens or…

Central Asian country Kyrgyzstan plans to debut the Gold Dollar, or USDKG, the gold-backed stablecoin pegged 1:1 with the U.S. dollar in the third quarter, project’s advisor Gabriel Guerra told CoinDesk at the Token2049 conference in Dubai. The stablecoin, backed by $500 million in gold from the Kyrgyz Ministry of Finance, is designed to facilitate seamless cross-border transfers in a country where remittances account for 30% of the GDP. The Ministry aims to expand the gold reserves to as much as $2 billion, with independent audits planned to ensure trust and transparency in the collateral backing. Gold has long been…

Move over dogecoin. The new memecoin making waves in tech Twitter’s inner sanctum isn’t just about fun; it’s about mindset. MOG Coin, a popular token offered on Ethereum and Base, is trying to bring in a cultural shift as “mog/acc” — a mashup of mogging (a slang for being better, stronger, faster) and accelerationism (speeding up technological change at all costs). Techno-optimists are quickly putting on Pit Vipers, a flashy sunglass brand, as their X account display, which is leading to mindshare of the mog token outside of crypto circles. Influential X accounts from Y Combinator founder Garry Tan to…