Author: NBTC
Sui-based NAVI Protocol partnered with OKX to introduce xBTC lending and borrowing for OKX users. Blockchains are kicking off the race for DeFi-enabled Bitcoin (BTC). On Tuesday, June 24, NAVI Protocol, a DeFi platform built on Sui (SUI), announced a two-month partnership with the OKX exchange aimed at promoting xBTC lending on Sui through user rewards. As part of the agreement, OKX will distribute $200,000 worth of SUI tokens through its OKX Earn program to users who supply xBTC via the initiative. NAVI will contribute an additional $500,000 in NAVX tokens, bringing the total incentives pool to $700,000. “This partnership…
A massive Ethereum (ETH) transaction has recently caught the attention of the crypto community. According to blockchain data tracker Whale Alert, 129,392 ETH worth $312,981,377 was transferred from an unknown wallet to the major crypto exchange Coinbase. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 129,392 #ETH (312,981,377 USD) transferred from unknown wallet to #Coinbasehttps://t.co/5tYoTaCGUR — Whale Alert (@whale_alert) June 20, 2025 The timing of the transfer is especially noteworthy, with Ethereum’s price trading in the red. Deposits to exchanges imply an intent to sell, while withdrawals might signify buying. The move might be an institution reshuffling funds,…
MicroStrategy (MSTR) insiders have sold $40 million worth of stock over the last 90 days. Averaging more than one sale per business day over the last three months, insiders’ selling transactions outnumber their purchases 10 to one. Their sales have also been larger than any purchases, with about $40.3 million in sales versus $2.3 million in purchases per data from InsiderScreener. Sales of stock worth millions of dollars originated from decisions by the company’s vice president, chief financial officer, and director, among others. Many of their liquidations took advantage of MSTR at far higher prices than today. Indeed, insiders sold…
Wirex is set to launch a dedicated appchain in collaboration with Tanssi, aimed at revolutionizing crypto payments and achieving greater compliance and scalability.—Serving 6 million users in 130 countries, Wirex is a key player in the payments space and a principal member of Visa and Mastercard. The new appchain, currently on Tanssi’s testnet and slated for mainnet launch later this year, will efficiently manage Wirex’s annual transaction volume of over $20 billion, minimizing dependence on third-party infrastructures.This strategic development will simplify operations, boost compliance, and enhance Wirex’s independence while providing Ethereum-grade security and interoperability with DeFi, stablecoins, and tokenized assets.Dmitry…
Get ready for a major leap in blockchain interoperability! Circle, the issuer behind the popular USDC stablecoin, has just announced a game-changing update: its Cross-Chain Transfer Protocol (CCTP) V2 now includes Solana support. This is big news for anyone involved in the crypto space, especially those navigating the complexities of moving assets between different blockchain networks. Let’s dive into what this means and why it’s set to make your USDC experience much smoother. What is Circle CCTP V2 and Why Does Solana Support Matter? At its core, the Circle CCTP is designed to provide a secure and efficient way to…
Bitcoin’s consolidation just above the $104,500 mark is being underpinned by a powerful trend: growing corporate adoption of the digital asset. Leading the charge is Strategy (MSTR), which now holds 580,250 BTC, establishing itself as the ultimate corporate bellwether for Bitcoin investment. Other notable institutions increasing their Bitcoin reserves include: XXI (CEP): 31,500 BTC Galaxy Digital (GLXY.TO): 12,830 BTC Block, Inc. (XYZ): 8,584 BTC MetaPlanet (3350.T): 7,800 BTC The top five alone account for over 640,000 BTC. The trend spans industries, from tech and finance to retail, illustrated by holdings from Next Technology Holding Inc. (5,833 BTC) and even GameStop…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Banks take in deposits to invest a portion in riskier, illiquid assets — that’s how they make money. This “borrow short, lend long” business model is otherwise known as fractional reserve banking. As long as not every depositor wants their money at once, everyone’s happy! When crisis mode hits and users rush for the exits, the risk models of banks are put to the test. At the heart of the problem is non-transparency around a bank’s liabilities and available assets. You could theoretically avoid this problem if…
Ethereum (ETH) experienced a sharp flash crash during the 21:00 hour on June 21, falling 7.56% from $2,406 to $2,224, according to CoinDesk Research’s technical analysis model. The sudden price drop triggered heavy trading activity, with more than 751,000 ETH changing hands—nearly five times the average hourly volume. Despite the steep decline, buyer interest surged around the $2,250 level, helping the asset recover to $2,292. During the hour following the crash, ETH rose 0.19% from $2,287.54 to $2,291.92. A volume spike at 05:58 accompanied a 3.15% price jump on 7,314 ETH, establishing a new support zone near $2,290. The price…
Digital Asset, the firm behind institutional blockchain Canton Network, has raised $135 million, the company announced on Tuesday. The strategic funding round was co-led by DRW and Tradeweb Markets, while Wall Street and fintech firms Goldman Sachs, BNP Paribas, Circle Ventures, Paxos, Polychain Capital, and QCP also participated. Digital Asset will use the cash to “accelerate institutional and decentralized finance adoption on the Canton Network,” the announcement read. 🧵🚀 We raised $135M, led by @DRWTrading and @Tradeweb, with funding participants:@BNPParibas, @circle, @citsecurities, @The_DTCC, @GoldmanSachs, IMC, @LCVentures, @OptiverGlobal, @Paxos, @polychain, @QCPgroup, @joinrepublic, @7RIDGE1, and Virtu Financial. This isn’t just… pic.twitter.com/POyXOqbWaZ —…
IOTA Identity v1.6 Beta is out and adds improved DID Communications for users’ safety. Launched at the East Africa Web3 Summit, it highlighted IOTA’s role in trade and supply chain transformation. IOTA has introduced a significant upgrade with its Identity v1.6 Beta rollout, aiming to improve how people and businesses manage digital identities. The announcement was made on May 30, 2025, during the East Africa Web3 Innovation Summit in Nairobi. The update positions IOTA as a key player in real-world blockchain use with new security, speed, and privacy features. Identity v1.6 Beta Pushes Digital Trust to New Level The release…