Author: NBTC

Bitcoin exchange-traded funds staged a solid recovery last week with $260 million in inflows after two consecutive weeks of outflows, but still fell short of Ethereum fund’s $268 million performance as digital asset products posted $572 million in combined weekly flows. The inflows came in after weathering significant early-week turbulence that saw $1 billion flow out of funds, as per Farside Investors. But when President Donald Trump signed an executive order allowing crypto assets in 401(k) retirement plans, it triggered $1.57 billion worth inflows during the latter half of the week, according to crypto asset manager CoinShares. The policy shift…

CBDT is asking platforms to explain how taxes, unclear regulations, and liquidity issues have affected them. It also questioned the questioned the lack of clarity in derivative trading, cross-border transactions, and the definition of a VDA. Clear regulatory framework may offer more job opportunities and attract foreign businesses. India is taking a closer look at its crypto tax and regulatory system. The Central Board of Direct Taxes (CBDT) has raised questions about the current framework for Virtual Digital Assets (VDAs). It is reviewing the effect of the 1% tax deducted at source (TDS) and the lack of clear rules for…

CDARI, a popular blockchain platform, has officially collaborated with AppBase, a well-known Web3 entity dealing with app chain infrastructure. The partnership aims to redefine app chain infrastructure as well as social engagement in the Web3 ecosystem. As revealed in CDARI’s official social media announcement, the mutual initiative focuses on fortifying developers and consumers to release exclusive application chains (app chains) with robust DePIN ecosystems and social task-led engagement. Thus, the move is poised to broaden opportunities for builders while also strengthening community interactions. 🚨 PARTNERSHIP ANNOUNCEMENT 🚨We’re thrilled to join forces with @AppBaseGlobal — the Web3 platform empowering builders &…

The identity behind a long-unknown, massive cryptocurrency whale has been revealed. Blockchain analysis platform Arkham announced that the address in question belongs to Bitmine Immersion Technologies. The company is chaired by renowned Wall Street strategist Tom Lee. According to Arkham data, Bitmine holds a total of $5.14 billion in assets with 1.17 million Ethereum (ETH), making it the company with the largest Ethereum treasury in the world. Bitmine purchased an additional 28,650 ETH (approximately $129.89 million) in just the last hour. This aggressive buying strategy appears set to continue in the coming days. Tom Lee highlighted the supply shortage in…

Stablecoin issuer firm Paxos has applied for a national bank trust charter with the Office of the Comptroller of the Currency (OCC), making it the latest U.S. stablecoin company to seek federal regulatory oversight. According to a Monday press release, Paxos aims to convert its New York Department of Financial Services (NYDFS) trust charter into a national one, a move that would put the firm under federal supervision. Paxos issues the PYUSD stablecoin for payments firm PayPal, and it’s also a founding member of the consortium behind the Global Dollar (USDG) token. “[The] OCC oversight will help build on our…

A Hong Kong Securities and Futures Commission (SFC) official has warned that the introduction of the new local stablecoin regulatory framework has increased the risk of fraud. According to an Aug. 18 report by Chinese financial news outlet Zhitongcaijing, Ye Zhiheng, executive director of the intermediaries division at the SFC, said that fraud risks have increased following the recent introduction of stablecoin regulation. He urged investors to exercise caution and avoid making irrational investment decisions driven by market hype or price momentum. Ye’s remarks follow stablecoin companies operating in Hong Kong posting double-digit losses on Aug. 1, just after the…

At this point, LayerZero has introduced a token called DAM, an Omnichain Fungible Token (OFT), on Stargate Finance. DAM makes it easy to move in and out of BNB Chain into Ethereum as 1:1 with zap fees or slippage by using the liquidity Stargate. This disrupts most conventional transaction models, such as those of BNB Smart Chain having pay per transfer costs, as this will implement zero fee structure. LayerZero plots itself as a giant across chains. The zero-fee structure is a great feature rejoiced by the users. Others have doubts on its long term sustainability. Stargate has some money…

Ethereum’s price momentum is drawing attention from large institutional players, fueling speculation over the next rally. In recent weeks, major asset managers have stepped in aggressively. BlackRock reportedly acquired $500 million worth of ETH, while Fidelity added more than $56.9 million. This wave of accumulation comes as the cryptocurrency trades near $4,653, marking a 19% gain over the past week despite a modest daily pullback. Institutional Momentum and ETF Impact Analysts from CryptoELITES note that Ethereum’s historical breakout phases have consistently paved the way for broader altcoin surges. The latest move higher is underpinned by ETF approvals, record CME Ethereum…

NWTN Inc. (Nasdaq: NWTN), a UAE-based company focused on smart mobility, manufacturing, and blockchain solutions, has signed a memorandum of understanding with UAE digital finance provider Changer.ae. The agreement aims to make NWTN the first manufacturing company in the Middle East to accept stablecoin payments. The initiative supports the UAE’s “We The UAE 2031” plan to promote digital transformation, expand financial access, and strengthen the country’s role in the global fintech sector. The partnership will combine NWTN’s expertise in mobility and manufacturing with Changer.ae’s regulated digital asset services. Together, they plan to create a commercial platform that uses stablecoins for…

PocketFi has partnered with Rhino.fi to launch instant, non-wallet, cross-chain payments on the TON blockchain and Telegram. The stablecoin transfers across multiple blockchains are possible within the framework of this partnership, without requiring involvement in various bridges and settings. 🔥New Partnership🔥We have teamed up with @pocket_fi to bring seamless crosschain payments to Telegram & @​​ton_blockchainStablecoin swaps, bridges, and more. No wallets. No bridging flows. Just one tap in chat.https://t.co/NvDebMSCGz powers the crosschain magic behind the… pic.twitter.com/howE9GqVDh — Rhino.fi (@rhinofi) August 15, 2025 One-Tap Transfers With PocketFi With this new partnership, you users will be able to exchange stablecoins across any…