Author: NBTC
Labubu dolls are so popular that Pop Mart stores have stopped selling them, sending the memecoin soaring. An unofficial memecoin on Solana dedicated to the Labubu toy line has soared 5,934% in the last two weeks to a market cap of $49.16 million. The toys have become so popular that stores have had to pull them from shelves to prevent shoppers from fighting over the collectibles. Labubu Memecoin (LABUBU) was created via Pump.fun in October 2024, initially jumping to a market cap of $10 million before falling back, then rising to $18.5 million and falling below $1 million, a mark…
LAS VEGAS, Nevada — The U.S. Senate seems to be getting close to passing its landmark stablecoin bill, the GENIUS Act — a battle its champion Cynthia Lummis (R-Wyo.) said has been incredibly hard-fought. “It has been extremely difficult,” Lummis said during a fireside chat with Coinbase’s Chief Legal Officer Paul Grewal at Bitcoin 2025 in Las Vegas on Tuesday. “I had no idea how hard this was going to be.” Last week, the Senate voted to advance the bill, easily clearing the 60-vote threshold required to kick the bill to its last discussion phase before the final vote to pass it…
My Neighbor Alice, one of the top metaverse Web3 games, will join forces with the Pudgy Penguins NFT collection. The game will add a new Pudgy Land region, with special quests and full integration of all NFT collections. My Neighbor Alice, one of the most ambitious Web3 games, will join forces with the Pudgy Penguins project to expand its metaverse. All the Penguins from the NFT collections will be available as playable characters, with a dedicated Pudgy Land environment and special quests. The game aims to revive hype after a few years of slower development for Web3 gaming projects. Pudgy…
Attention, cryptocurrency traders and SEI holders! A significant announcement has come from one of South Korea’s major digital asset platforms. Upbit, a leading crypto exchange, has confirmed a temporary halt to certain operations involving the SEI token. This move is directly related to upcoming network enhancements for SEI. What Exactly is Happening with the Upbit SEI Suspension? According to an official notice posted on its website, Upbit will be temporarily suspending deposits and withdrawals of the SEI token. This isn’t a permanent measure, but a necessary step to accommodate a scheduled network upgrade for SEI. The suspension is set to…
In the ever-evolving landscape where traditional industries intersect with the cutting edge of digital finance, news from unexpected corners often makes the biggest splash. This week, Cango Inc., a company primarily known as a leading automotive transaction service platform in China, turned heads in the cryptocurrency world with a significant announcement regarding its Bitcoin mining operations. What’s Behind Cango’s Jump into Bitcoin Mining? Cango’s foray into the world of digital asset mining might seem surprising at first glance for a company rooted in the automotive sector. However, it reflects a growing trend among diverse corporations looking to diversify their assets,…
Terminus, a popular payment gateway linking crypto and real-world transfers, has announced a unique collaboration with COBOX, a rapidly expanding platform powering advanced metaverse infrastructure. The partnership underscores a crucial move to enhance metaverse experiences. The platform took to social media to reveal this endeavor. Terminus and COBOX Collaborate to Advance Metaverse Experience The Terminus-COBOX collaboration focuses on redefining the metaverse technology with the provision of cutting-edge virtual experiences. COBOX is famous for offering a futuristic ecosystem and warp-speed development. It has a massive fully diluted valuation (FDV) of up to $49.5M, with an anticipation to reach the $67M milestone…
Block Announces Bitcoin Business Stack, Makes Historic Lightning Payments Push at Bitcoin 2025
Bitcoin isn’t just something to hold anymore—it’s something to live on. That was the core message delivered by Miles Suter, Bitcoin Product Lead at Block Inc., during his keynote at the Bitcoin 2025 Conference today. Standing at the intersection of innovation and ideology, Suter laid out a vision where Bitcoin isn’t just a store of value—but the internet’s native currency. “Bitcoin is at a crossroads—on one hand it’s never been stronger: a trillion in market cap, millions of holders, and even talk of nation-state adoption,” Suter said. “We use Bitcoin to hold, to hedge, to opt out, but we rarely…
Plume, a blockchain network focused on real-world assets, announced on Thursday the launch of its hotly anticipated Genesis mainnet. The launch, according to a statement shared by the Plume team, marks the “next generation” of asset-backed DeFi — tokenizing traditional financial instruments, or real-world assets (RWA), so they can interact with blockchain-based financial tools. RWAs have taken over the world of blockchain, as they are viewed as a market that could be worth trillions of dollars with traditional financial institutions steadily dipping into crypto. At the time of launch, Plume shared that it has already integrated with financial titans like…
First Force is set to launch a new Telegram token collection inspired by the TAC community on June 17, marking one of the largest drops on the TON ecosystem. According to a press release sent to crypto.news, the First Force token collection consists of 10,000 unique Soulbound Tokens or SBTs inspired by the TAC community. TAC is a blockchain designed for EVM dApps to access the TON (TON) and Telegram ecosystem user base. Each NFT is valued at 30 TON each or approximately $100 according to current market prices. At press time, TON has gone up by more than 4%…
Bitwise data shows Ethereum now handles more institutional stablecoin flows than retail retail trades. Ethereum (ETH) isn’t just for non-fungible tokens or and decentralized finance degens anymore. According to a new analysis from Bitwise Europe, the network’s base layer is quietly transforming into a heavyweight settlement system for institutional money — while retail activity shifts elsewhere. 𝐓𝐡𝐞 𝐀𝐥𝐭 𝐕𝐢𝐞𝐰🔎We see Ethereum evolving from a retail toll road to a freight terminal for institutional-grade use cases. The infrastructure is in place: blobspace, validator incentives, and governance upgrades.The challenge now? Activating demand.This chart breaks… pic.twitter.com/t2r27FCucE — Bitwise Europe (@Bitwise_Europe) May 28, 2025…