Author: NBTC

South Korea’s FSC plans to prohibit interest payments on stablecoins, aiming to protect financial stability while fostering innovation in digital assets, with a new crypto law expected by the end of 2025. Summary South Korea will prohibit stablecoin holders from earning yield, following global trends like the U.S. GENIUS Act. Banks will lead stablecoin issuance, with fintech firms acting as technical partners. Crypto exchanges will be barred from issuing their own stablecoins. A “phase 2 cryptocurrency law” is expected by the end of 2025, with follow-up regulations to ensure safe, efficient implementation and support for payments, remittances, and cross-border transactions.…

The latest BTC breakout to $111,000 extended the recent wave of short liquidation. Most of the liquidation volumes were concentrated on Hyperliquid. The latest BTC recovery to $111,000 created a new wave of short liquidations, following the long liquidations from the past week. In the past 24 hours, a total of $169.75M were liquidated on BTC positions, with $160.53M for ETH liquidations. The recent wave of short liquidations follows a late Sunday rally. This trading event is considered unusually volatile and not sustainable, often leading to significant waves of liquidations during a period of relatively thin volumes. Despite this, BTC…

Solana Mobile is discontinuing support for the Solana Saga smartphone and will no longer offer software updates for the first-generation crypto handset, the firm announced on Monday.  As a result, new software updates and security patches will not be provided for the 20,000 Saga devices that were produced, with support only handling “general inquiries” moving forward.  “Software updates and security patches are no longer provided for Saga devices,” a community manager in the Solana Mobile Discord community said on Monday. “Thanks to all our Saga users for being part of the journey.”  The firm also thanked Saga holders on…

Velo Protocol, a blockchain for digital credit issuance and cross-border asset transfers, is excited to announce its strategic partnership with OKX Wallet, a renowned Web3 wallet platform. The main purpose of this partnership is to empower users with a secure, seamless, and accessible decentralized finance (DeFi) experience across the world. The Velo × OKX Wallet integration is more than a technical upgrade, it’s about empowering users worldwide.🔹 Seamless Connectivity: Trade, provide liquidity, and farm on VeloFinance DEX via OKX Wallet in just a few clicks.🔹 Enhanced Security: Non-custodial access means your… pic.twitter.com/rB5x0mIZwt — Velo Official (@veloprotocol) October 22, 2025 At…

Stablecoin startups have attracted funding of $537 million so far, up from $84 million in 2024. Some analysts have attributed the growth to a favourable regulatory framework and new startups from the fintech and banking sectors. Hong Kong-based OSL Group led in the latest round of funding after securing $300 million in July through equity financing. Circle and Figure cumulatively drive the total funds raised in the sector this year above $2.4 billion. Other notable startups included Rain, Agora Finance, and RD Technologies, with $58 million, $50 million, and $40 million raised in July and August. Stablecoin funding surges past…

There is a growing sense that 2025 will be a bust for the long-awaited U.S. legislation to establish a fully regulated crypto sector, but negotiations in the Senate can at least build momentum again, according to the sentiments of those set to speak with Senate Democrats this week. Crypto leaders such as Coinbase CEO Brian Armstrong, Chainlink co-founder Sergey Nazarov, Uniswap’s Hayden Adams and Solana Policy Institute President Kristin Smith are preparing to meet with as many as 10 Democratic senators, according to the expectations of people involved with the event, though the plans weren’t yet finalized. The Wednesday meeting,…

Binance Alpha will be the first platform to feature SavannaSurvival (SVSA) on October 20Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens. Further details will be announced soon.Please stay tuned to Binance’s… pic.twitter.com/xufNODgFnm — Binance Wallet (@BinanceWallet) October 18, 2025 Binance affirmed the establishment of SavannaSurvival (SVSA). It will be launched on Binance Alpha on October 20, 2025. The official posts were on the Binance Wallet and Binance Square X account. This is a new milestone of its early-access ecosystem. Let’s dive into more details. Airdrop Access by Alpha Points Binance…

New York — The Museum of the Moving Image (MoMI) and the Tezos Foundation have announced a major new partnership that will transform how artists engage with blockchain technology.—Extending their 2024 collaboration Museum Without Walls, this expanded program will spotlight blockchain as a living artistic medium through a two-year cycle of commissions, workshops, and fellowships hosted on MoMI’s Herbert S. Schlosser Media Wall from November 2025 to January 2027. A New Chapter for Blockchain ArtThe initiative will commission five artist pairs to create projects using Tezos’s FA2 standard — a flexible, multi-asset smart contract framework designed to support complex and…

Summary ETH price has remained below $4,000 as investors seek yield-bearing assets despite increasing interest rates. Staking yields of 3.5%-4.2% maintain institutional interest despite macroeconomic tightening. A breakout above $4,400 might propel ETH to $4,800-$5,000, boosting the Ethereum outlook. The expansion of tokenization and real-world assets on Ethereum could boost on-chain income potential. The downside risks include a stronger USD, higher Treasury yields, and regulatory pressure on staking. Near term, ETH price predictions anticipate a range of $3,800 to $4,400, with upside potential provided yield demand remains strong. The Ethereum forecast is based on whether yield-driven demand offsets macroeconomic challenges…

Elon Musk’s artificial intelligence startup xAI is pursuing $10 billion in funding at a $200 billion valuation, CNBC reported on Sept. 19. Sources told the news outlet that the funding proceeds will primarily support data center construction, filled with Nvidia and AMD graphics processing units required for next-generation AI development. The company is currently building a large AI computing cluster in Memphis, Tennessee, in an effort to build the computational capacity necessary for training advanced models. xAI’s latest rumored fundraising follows a recent $10 billion debt and equity round, completed weeks earlier, at an approximate $150 billion valuation. The company…