Author: NBTC

Publicly traded companies might have a new favorite cryptocurrency to dump billions of dollars into, in the hopes of sending their stock prices soaring—and it’s not Bitcoin, or even Ethereum. It’s BNB. On Tuesday, Nano Labs, a publicly traded blockchain infrastructure provider in China, announced a near-term plan to purchase $1 billion worth of BNB. The company plans to store the immense trove of tokens in a corporate treasury, and said today that it eventually intends to hold between 5% and 10% of BNB’s total circulating supply—a staggering sum worth between $4.7 billion and $9.4 billion at writing.  Upon news…

Cryptocurrency analysis company Santiment shared the 10 DeFi-themed altcoins that crypto developers focus on most in its latest report. Santiment analysts based the list on code changes on public Github pages of open-source cryptocurrency projects. The company also says it uses a system to prevent fake changes from creating the perception of high developer activity. Compared to the previous list, there are significant changes in the list. Chainlink (LINK), which ranked high in almost all developer activity scores, has returned to the first position in the new list, significantly widening the gap with the second-placed altcoin. However, it is also…

Bitcoin mining firm Hut 8 (HUT) said on Tuesday that it expanded its bitcoin-backed credit facility with Coinbase Credit to $130 million, up from $65 million. The amended agreement also comes with a fixed interest rate of 9% versus the previous floating rate of between 10.5% and 11.5%. The maturity of the facility was extended to July 16, 2026. “This facility has been an efficient source of capital on our balance sheet,” said Sean Glennan, Hut 8’s chief financial officer. “The combination of improved terms and collateral and borrower protections reflects our conviction that risk discipline is essential to building…

Arichain, a well-known decentralized platform, is commencing a unique strategic collaboration with HERO, a prominent project committed to consumer-focused Web3 tools and AI-driven search. The partnership is poised to redefine the user experience in the Web3 sector with the use of advanced technologies like artificial intelligence (AI) and decentralization. The platform took to its official social media account to reveal this joint effort. Announcing Arichain’s Web3 Partnership Arichain X HERO@HeroAisearch is a project aimed at enhancing the user experience through AI search, private browsing, secure wallet, and intelligent tools for onboarding and interaction.Please look forward to the synergy created… pic.twitter.com/eZv2f2jarC…

Solana-based Marinade Finance has unveiled new tools to combat validators that take advantage of traders. Bad actors among Solana validators have long posed a challenge, but native protocols are stepping up efforts to address the issue. On Tuesday, June 24, Marinade Finance rolled out a suite of tools designed to detect and block validators engaging in sandwich attacks against users. Marinade’s Statement on SAM Delegation to Negative MEV Validators (Sandwichers):1/ We’ve reviewed the research shared by the @0xGhostLogs and @0x7cf teams, which highlighted the importance of strengthening our blacklisting efforts. pic.twitter.com/gMsw4LmjDp — Marinade 🛡️ (@MarinadeFinance) June 24, 2025 Sandwich attacks…

Key takeaways ETH is the worst performer in the top 10 today, losing 7% of its value. The cryptocurrency risks dropping to the $2k level amid growing selling pressure. Ether drops below $2,300 after dipping 7% Ether, the second-largest cryptocurrency by market cap, is the worst performer among the top 10 cryptos. It has lost 7% of its value in the last 24 hours and now trades below $2,300. At press time, the price of Ether stands at $2,274 and risks dropping to the $2k psychological level if the bearish trend continues. Its poor performance comes as the broader crypto…

This push by companies into multiple digital assets suggests a shift in how corporate treasuries view cryptocurrencies. While Bitcoin was once the main choice, interest has now broadened to include Ethereum, XRP, Solana, and BNB. Nano Labs is putting $500 million into BNB with convertible notes, aiming for major supply share. The stock jumped over 106% after the deal news, despite no collateral and uncertainty surrounding the finalization. Nano Labs, a China-based blockchain infrastructure company, has committed $500 million to purchase Binance’s BNB token through a private placement deal using convertible promissory notes. The agreement is part of a broader…

Yesterday, Nairobi hosted the IOTA East Africa Web3 Innovation Summit, where developers, policymakers, and industry leaders gathered. The focus was on tackling real-world challenges facing East Africa, from improving trade and logistics to driving sustainable solutions with Web3 technology. Blockchain technology is not just a buzzword in East Africa; it is now a tool for innovation. Kenya, Uganda, Rwanda, and Tanzania are countries that are using decentralized technologies to drive growth and solve regional challenges. Leading the way is Nairobi, a tech hub that’s fast becoming a hotspot for blockchain adoption. On May 30, the city played host to the…

Momentum signals are also holding up. The Relative Strength Index (RSI) is sitting at 69, near overbought levels but still pointing to continued interest from bulls. A recent bullish cross in the moving averages supports the possibility of more upside in the near term. These signs reflect strength rather than exhaustion at this stage. Miners are slowly shifting coins to exchanges, hinting at nerves over more downside moves. The price still holds within a bullish chart setup, but a clean break above $105K is needed for a lift. Bitcoin miners appear to be showing restraint, trimming their exposure and possibly…

BNB Chain reached a record high of $33.29 billion in perpetual futures trading volume in June 2025. The figure reflects a 70% increase in monthly dominance on perp protocols. Aster DEX and other DeFi platforms were instrumental in driving the surge. The increase marks a significant milestone for the Binance-backed network and highlights its growing dominance in decentralized derivatives. Related: BNB Chain Daily Active Users Surge 26.4% to 1.2 Million, Revenue Jumps 58% DeFi Protocols Drive Record On-Chain Volume On-chain analyst Eljaboom shared the data on X. He attributed the growth primarily to Aster DEX. According to Eljaboom, the decentralized…