Author: NBTC

A US court rejected a seizure request by international investment funds that sought to link crypto funds linked to the LIBRA scandal to the Argentine State. Instead, a judge noted that the evidence pointed toward private individuals as the parties controlling the funds. The conclusion further complicated the involvement of Argentine President Javier Milei, his sister Karina, and LIBRA promoter Hayden Mark Davis. Judge Points Finger at Milei Insiders This week, Federal Judge Jennifer Rochon in the Southern District of New York denied a request by international investment funds that had attempted to seize LIBRA cryptocurrency assets by linking them…

Crypto.com has enabled deposits and withdrawals of USDT and USDC via the Polkadot Asset Hub, it announced early Tuesday morning through the X social platform. The Singapore-based exchange confirmed users can now transact stablecoins directly through Polkadot’s Asset Hub, the specialized parachain for transferring non-native tokens and creating NFTs using smart contracts. According to Polkadot’s website insight, the Asset Hub is a Layer 1 bridge for non-native tokens and an experimental ground for decentralized asset management. Crypto.com activates stablecoin Asset Hub transactions post-migration The announcement comes exactly three weeks after Binance supported Polkadot and its sister network Kusama to migrate…

Co-CEO of Solflare, Filip Dragoslavic, explains why DeFi is increasingly becoming competitive with tradFi and CEXs. Summary Filip Dragoslavic of Solflare explains the key trends in DeFi The share of DEX trading volume has grown from 1% to 25% since 2022 Solana has more than doubled its DeFi TVL, with even stronger performance in volumes Privacy-focused payments could be the next big thing for DeFi DeFi is staging a comeback, and this time, it might stick. After two years of bear markets, the DeFi industry is approaching all-time highs, with tighter security, more users, and a new air of institutional…

Airdrops are Web3’s go-to growth hack, flooding wallets with billions of dollars in tokens to onboard new users, but the data shows most of that hype fades in just 90 days. According to a report from DappRadar, projects across DeFi, NFTs, and blockchain gaming have handed out more than $20 billion in tokens since 2017, including $4.5 billion in 2023 alone. The effect was immediate as Layer-2 chain Arbitrum, for instance, processed 2.5 million daily transactions at launch, while NFT marketplace Blur grabbed over 70% of NFT trading volume overnight. But the hype doesn’t seem to stick. On average, activity…

Russian authorities may soon introduce penalties for people involved in unauthorized turnover of cryptocurrencies in the country. According to Russia’s chief prosecutor, the measures to curb such activities are going to include a mechanism for the seizure of traded coins. Russian state to penalize citizens transacting with crypto Russia is considering ways to discipline those organizing the circulation of digital currencies outside the law, the nation’s Prosecutor General, Alexander Gutsan, announced at a summit with counterparts from the region. Quoted by the official Russian news agency, TASS, the high-ranking legal representative of the government in Moscow stated: “Legislative amendments are…

Key Takeaways Bybit partnered with Idram to enable crypto payments at over 25,000 stores across Armenia. The integration lets users make QR code payments with crypto, expanding financial accessibility in the region. Bybit Pay, the global payment arm of crypto exchange Bybit, partnered with Armenian digital payments provider Idram to enable crypto payments at over 25,000 retail locations across Armenia. The integration, which will be launched at a ceremony in Yerevan tomorrow, will enable Bybit Pay users to make QR code payments across stores nationwide. Idram currently controls more than 90% of Armenia’s QR payments market and has served local…

Flare has become the top EVM DeFi ecosystem for XRP after the launch of the wrapped FXRP token. Summary Flare Network became the largest EVM DeFi ecosystem for wrapped XRP tokens Since FXRP’s launch, its network TVL rose 37.9% The total value locked of XRP on the network reached $86.2 million XRP is increasingly expanding into the world of DeFi. On October 21, Flare Network announced rapid growth in the total value locked of FXRP, a trustless wrapped version of XRP on the chain. What’s more, the protocol stated that it had become the largest EVM DeFi ecosystem for XRP.…

Russia is moving to integrate crypto into its international commerce. The government announced today that it will legalize its use for foreign trade settlements. This decision is a strategic response to Western sanctions. By establishing a legal system for cross-border crypto payments, Russia can bypass restrictions on traditional banking channels. Russia Legalizes Crypto Use for Foreign Trade Russia’s Ministry of Finance and Central Bank have formally agreed to legalize cryptocurrency to settle international trade deals. This decision formalizes the experimental legal regime (ELR) launched in September, which initially permitted the piloting of crypto for cross-border transactions. The move is widely…

Asia’s top three stock markets are tightening their listing rules and supervising companies to ensure they don’t become quasi–crypto investment vehicles. The move comes as regulators across the region are catching on to an emergent phenomenon of Digital Asset Treasuries (DATs). These firms exist, first and foremost, to collect and hold cryptocurrencies rather than run traditional businesses. The gathering resistance represents a pivot for an industry that contributed to the surge of Bitcoin in 2025. The world’s largest digital currency reached a record $126,251 on Oct. 6, its historical high and an 18% year-to-date gain, as public companies around the…

1inch has taken another step toward knitting traditional finance and decentralized finance closer together by integrating Flowdesk as a resolver for Societe Generale–FORGE’s Euro and US dollar stablecoins, EURCV and USDCV. The integration allows 1inch Swap to route liquidity for both tokens, putting bank-issued, MiCA-compliant stablecoins squarely into the aggregator’s routing fabric and giving traders access to Euro- and USD-denominated liquidity across leading blockchains. Under the arrangement, Flowdesk, a Paris-based liquidity provider that is registered with France’s Autorité des Marchés Financiers, will join the 1inch resolvers network and handle order execution and liquidity for EURCV and USDCV. Flowdesk’s regulated status…