Author: NBTC
New York, NY — Ondo Finance, the second-largest tokenized Treasuries issuer, said it plans to start its own layer-1 blockchain designed for tokenized real-world assets in a bid to connect traditional capital markets with decentralized finance, the company announced on Thursday at its inaugural Ondo Summit. Ondo Chain was crafted to meet institutional compliance standards while maintaining the transparency and accessibility of public blockchains like Ethereum, the company said. The network will rely on permissioned validators to verify transactions and ensure accurate financial data, such as asset prices and token backing. It will also support staking of tokenized real-world assets…
Archax, a U.K.-regulated crypto exchange and custodian focusing on tokenized assets, has acquired a U.S. broker-dealer in an effort to enter the booming institutional market in the country after recent positive changes on the regulatory environment. Globacap Private Markets Inc, a broker-dealer and alternative trading system (ATS) regulated by FINRA and the Securities and Exchanges Commission (SEC), is being bought by Archax and being renamed to Archax Markets US. The new entity will serve as the company’s foothold on American soil and serve the institutions and professional investors in the country, two Archax executives told CoinDesk. Asset tokenization is a…
The Bitcoin mining industry is becoming increasingly competitive as the network’s hashrate reaches an all-time high (ATH). At the end of March 2025, Bitcoin’s hashrate hit 850 million TH/s. However, alongside this impressive growth, the industry is struggling with rising production costs and new tariff barriers, particularly in the US. These factors are putting significant pressure on mining companies and could reshape the sector’s future. Hashrate Surges, Mining Costs Soar Bitcoin’s hashrate measures the total computing power used by miners to secure the network and validate transactions. It is expressed in terahashes per second (TH/s), representing the number of hash…
MN Consultancy founder Michaël van de Poppe sees Bitcoin and the broader crypto market running significantly higher this cycle. Amid stalling prices and recent market uncertainty, speculation continues to grow that Bitcoin and the broader crypto market have peaked or are near their cycle peak. According to one prominent analyst, however, there may not be a better time to be in the market. “The Perfect Storm” MN Consultancy founder Michaël van de Poppe sees Bitcoin and the broader crypto market running significantly higher this cycle. In an X post on Wednesday, February 5, the analyst asserted that current market conditions…
The first quarter of 2025 tells a clear story about DeFi’s evolution. While yields across major lending platforms have compressed significantly, innovation at the market’s edges demonstrates DeFi’s continued maturation and growth. The Great Yield Compression DeFi yields have declined sharply across all major lending platforms: The vaults.fyi USD benchmark has fallen below 3.1%, below the U.S. 1-month T-bill yield of ~4.3% for the first time since late 2023. This benchmark, a weighted average across four leading markets, approached 14% in late 2024. Spark has implemented four consecutive rate decreases in 2025 alone. Starting the year at 12.5%, rates were…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Trading platform eToro filed for an IPO yesterday, amid expectations that more crypto-related businesses will list on exchanges in the coming months. The company’s filing with the SEC comes after eToro in September paid $1.5 million to the regulator to settle charges that it was operating as an unregistered broker (in connection with its crypto trading platform). What a difference a few months makes. It also comes as crypto exchange Kraken is reportedly looking to raise $1 billion in debt before a possible IPO, unnamed sources…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Solana’s validators are about to see a major income bump, but the protocol lacks a way for them to share the wealth with their stakers. In May, Solana validators passed a proposal to send 100% of priority fees — which are extra funds users can pay for a better chance of landing their transactions — to validators. The proposal’s implementation now seems imminent, but some are calling for Solana to pump the brakes until validators are able to share the extra fees with stakers. Validators, who run…
In an exclusive interview with BeInCrypto, former US CFTC Commissioner Timothy Massad explains how President Trump’s crypto ventures and political power have significantly overlapped in his first two months at the White House. Shortly before assuming office for the second time, US President Donald Trump dove head-first into a flurry of crypto experiments. From endorsing World Liberty Financial (WLFI) to launching his meme coin, Trump is raising serious concerns over conflicts of interest. Tim Massad, the 12th CFTC Chairman, who served under Barack Obama, shares his thoughts. A Historic President For Many Reasons Before assuming his first term in office…
After a turbulent 2023, Bithumb posted a 565% increase in net profit in 2024, aided by market recovery and improved investor sentiment. South Korean cryptocurrency exchange Bithumb successfully returned to profitability last year, with revenue increasing by 265.4% year-over-year, News1 reports, citing data from the Financial Supervisory Service’s electronic disclosure system. According to the report, Bithumb posted an operating profit of 130.7 billion won (around $90.1 million) last year, marking a turnaround from losses as the exchange had recorded an operating loss of 14.8 billion won in 2023. Net profit for 2024 surged 565.8% year-over-year to 161.8 billion won (nearly…
A Nobel-winning economist has predicted that Bitcoin will go to zero within 10 years. Eugene F. Fama, who is often dubbed as “The Father of Modern Finance,” told the Capitalisn’t podcast that this digital asset’s rise has “a predictable ending.” He argued that it would prove “unsustainable” to have a whole financial system built using blockchains because this would require too much computing power—and “all we know about monetary theory” suggests cryptocurrencies shouldn’t survive. “Cryptocurrencies are such a puzzle because they violate all the rules of a medium of exchange,” Fama said. “They don’t have a stable real value. They…