Author: NBTC

Succinct’s $PROVE token reaches the end of its first 12-month vesting lock today, Aug. 5. Under the Foundation’s terms, 100 million investor and contributor tokens are scheduled to unlock, a sum equal to 51.3% of CryptoSlate’s estimate of 195 million circulating tokens. The Succinct Foundation’s tokenomics terms set the $PROVE token’s supply at 1 billion tokens and assign 10.5% to investors and 29.5% to contributors. A quarter of each allocation unlocks after one year. In token terms, 26.25 million tokens belong to the investor tranche and 73.75 million to contributors. One date, three totals. Beyond the official tranche, the public…

The crypto industry is very skeptical about Democrats’ plans to restart talks over the stalled CLARITY Act. On Wednesday, the moderate Democrats, led by Kirsten Gillibrand and Ruben Gallego, maintained that they have worked for two years to pass the legislation. The group insisted that they were committed to new bipartisan talks to finish the work. This week was a setback, but not the end of that important work. We remain committed to working in a bipartisan fashion to get this legislation passed. According to reporter Eleanor Terrett, the move followed a behind-the-scenes effort to reignite talks and fast-track the…

Avalanche Treasury Company CEO Bart Smith says growing AI agent activity could test blockchain capacity and challenge the assumption that Layer 1 blockspace is effectively unlimited. Smith expects technical differences between Avalanche, Solana, Ethereum and other Layer 1 networks to matter more as transaction demand rises. He also expects markets to move toward 24/5 trading by mid-2027, arguing that blockchain infrastructure will be needed to support continuous financial activity. Avalanche Treasury Company CEO Bart Smith expects artificial intelligence agents to create a sharp increase in blockchain activity as they move deeper into financial markets. Speaking at the Avalanche Summit in…

Bitcoin could stage a major recovery over the coming weeks and reclaim the psychologically important $100,000 level before the U.S. midterm elections, according to a crypto trader who believes the cryptocurrency is forming a bullish continuation pattern. Trader Will Meade pointed to Bitcoin’s daily chart, describing the current structure as a “textbook high and tight flag.” In his view, Bitcoin could continue moving sideways for the remainder of September before breaking out during October. Textbook high and tight flag in Bitcoin. Probably will chop around until #Uptober October then will breakout and hit $100K before the midterms. pic.twitter.com/1TPwVX1dl9 — Will…

Solana is making significant strides in the DeFi sector, with its total value locked (TVL) in tokenized stocks reaching $87.4 million, as noted by CryptoTwitter commentator @tokenterminal. This marks a substantial increase from previous levels and indicates a burgeoning interest in tokenized assets within Solana’s ecosystem. As Solana continues to gain traction, its growing influence in the DeFi landscape could reshape investment strategies in emerging markets. The Story So Far The surge in Solana’s TVL for tokenized stocks reflects a broader trend in DeFi, where innovative financial products are attracting fresh capital. As of now, Solana accounts for approximately 35.2%…

BlockFi founder Zac Prince has announced a new crypto loan program to attract more assets with promises of interest-only loans, waived origination fees, and other promotional offers. Meanwhile, members of a BlockFi class action who secured a court-ordered payout in their lawsuit against Prince, still haven’t actually received any money from that $13.25 million settlement. Prince was a defendant in this litigation, settling allegations that he violated US securities laws by selling BlockFi Interest Accounts without adequate disclosures. A judge has ordered that insurance companies backing him and his executive team at BlockFi must pay $13.25 million for this class…

Avalanche ($AVAX) recorded a brief 7% price surge on Tuesday evening, following Securitize’s significant increase in real-world asset (RWA) deployments on its network. Fresh on-chain data indicates that Securitize is approaching $1 billion in RWA assets deployed through Avalanche—marking a major milestone for the protocol in the asset tokenization sector. Helicon upgrade drives ecosystem changes Momentum increased shortly after the Helicon upgrade went live on Avalanche’s Fuji Testnet. This network update delivers crucial adjustments to $AVAX’s tokenomics and validator node operations. The Helicon upgrade introduces features such as continuous, decoupled transfer execution, which allows transaction processing to be separated from…

BitGo has appointed Alex Rozman as chief compliance officer effective Sept. 21, placing the former Exodus compliance executive in charge of enterprise compliance and financial crime programs as the NYSE-listed digital asset company expands its regulated institutional business. BitGo said Rozman will lead engagement with regulators, examiners and banking authorities across the company’s legal entities worldwide, covering a business that now spans federally regulated custody, trading, financing, stablecoin services and institutional settlement. Rozman takes over global compliance and financial crime work Rozman joins BitGo from Exodus Movement, where he had served as chief compliance officer since May 2024. His career…

Bottomline, a top-three Swift service provider moving more than $16 trillion in payments annually, has launched Global Pay Connect, a new onchain payment connectivity platform for 600+ banks powered by Chainlink. The move gives financial institutions a direct route into blockchain-based payment infrastructure without forcing them to rebuild existing systems. Chainlink Brings 600+ Banks Onchain Chainlink extends Bottomline’s platform through its interoperability and orchestration infrastructure. CCIP connects Bottomline’s payments infrastructure to blockchain networks through a single, network-agnostic integration model, while CRE coordinates payment workflows across onchain and offchain systems. That combination matters because institutions can access onchain payment rails through…

While Bitcoin has been fluctuating between $76,000 and $79,000 in recent days, on-chain analyst Willy Woo analyzed $BTC’s monthly chart using the Fisher Transform indicator. Woo noted that the Fisher Transform indicator on Bitcoin’s monthly chart has formed a golden cross. According to Woo, this development stands out as the fourth bottom signal seen in Bitcoin’s history. Not a Signal of a Sudden Rise! Woo stated that the Fisher Transform indicator, published in 2002, identifies turning points in Bitcoin price movements, and that the current golden cross in this indicator is the 4th bottom signal in history, while the previous…