Author: NBTC

Burwick Law has now named Solana Labs and Jito Labs as defendants in its lawsuit against Pump Fun, accusing the pair of acting as “architects” and “coconspirators” in the memecoin platform’s fraudulent casino enterprise. The new lawsuit was filed on Tuesday, a month after Judge Colleen McMahon ordered Burwick to merge two of its Pump Fun lawsuits into the wider-scope Diego Aguilar case. All the usual Pump Fun defendants are listed, but now the Solana Labs/Foundation, Jito Labs/Foundation, along with various executives, including Jito CEO Lucas Bruder and Solana Labs CEO Anatoly Yakovenko, are included. The amended suit accuses both…

U.S. payments company PayPal said Wednesday it plans to launch a new platform this fall that will link domestic digital wallets to its global network of billions of users. Dubbed PayPal World, the system lets users of India’s UPI, China’s WeChat Pay, and Brazil’s Mercado Pago transact with PayPal or Venmo merchants abroad without opening new accounts or using cards. “Moving money across borders is incredibly complex, and this platform is designed to make it simple for nearly two billion users,” PayPal president and CEO Alex Chriss said in a statement. While the system does not rely on blockchains or…

VERT, a Brazilian securitization and fund manager, said on Wednesday it debuted a blockchain-based platform to handle private credit transactions on the XRP Ledger (XRP) and its Ethereum-compatible sidechain, bringing more tokenized real-world assets to the ecosystem. The platform’s first transaction was the issuance of a BRL 700 million, or $130 million, Agribusiness Receivables Certificate (CRA), a regulated instrument used to finance agricultural production, according to a press release. The CRA pools future cash flows owed by agribusinesses such as loan repayments into securities for investors. Agriculture accounts for over 20% of Brazil’s GDP, making the sector a key testbed…

A massive Bitcoin transfer from Coinbase to an unknown wallet has been spotted by blockchain tracking service Whale Alert. On Saturday, July 19, 2025, at 03:43:18 UTC, 7,743 BTC (worth approximately $916.25 million) was moved from the exchange to a newly created wallet. At the time of the transfer, Bitcoin was trading at $118,329.11. This substantial transaction may suggest institutional accumulation or long-term cold storage by a major holder. Whales awakening This transfer is just one part of a larger trend as whale activity in the Bitcoin market has surged recently. Data from IntoTheBlock confirms that the number of large…

Solana-based tokenized stocks surpassed $100 million in market capitalization less than one month since their official launch on June 30. According to rwa.xyz data, the tokenized stock market on Solana is valued at nearly $102 million as of July 22, representing a 242% increase from its $29.8 million size at the debut date. This market is fueled mainly by xStocks, issued by Backed Finance. As a result, Solana now accounts for 20.4% of the tokenized stock market. Notably, Ethereum and its layer-2 blockchains Arbitrum, Polygon, and Base account for $11.8 million, which makes Solana’s tokenized stock market over eight times…

After the US Department of Justice sealed a court case docket involving crypto fraud tied to executives at MoonPay, US Attorney Jeanine Pinto now says it was a “clerical error,” claiming the District of Columbia court did not request full closure of the case from public view. The case accused a Nigerian scammer of impersonating Trump associate Steve Witkoff to defraud two individuals of $250,000 in Ethereum, and reportedly involved the CEO and CFO of MoonPay. Clerical error sealed docket, DOJ claims Pirro, a former Fox News personality and Trump ally currently awaiting Senate confirmation to the permanent US attorney…

The revote follows a Singapore court’s approval after overturning a June 2025 decision. Voting begins July 30 and ends August 6, with results verified by an Independent Assessor. If approved, creditor repayments and WazirX’s relaunch will start within 10 business days post-court ratification. In a recent announcement concerning WazirX’s ongoing revival efforts, creditors will vote again on an amended Scheme of Arrangement. Confirmed via an X, the voting window is set to begin on July 30 at 7:30 PM IST and will end on August 6 at 7:30 PM IST. 📢 Revoting Timeline Is HereRevoting for the Amended Scheme of…

Kalp is excited to announce its groundbreaking collaboration with Funton.ai to reshape Web3 engagement and the gaming sector. This synergy is set to bridge the gap between blockchain utility and gamified user experiences. In this way, the integration aims to leverage Telegram and LINE to provide the next generation of digital interactions. 🚀 Partnership Announcement! 🚀We’re thrilled to announce our partnership with @funton_ai! 🎉https://t.co/LMT2jVJuwN is a modular gaming platform offering T2E Mini-App Games on Telegram & LINE. With its GameFi-as-a-Service (GaaS) model, it empowers Web3 projects to launch… pic.twitter.com/nMnU6GyOjB — Kalp (@Kalp_Official) July 23, 2025 Kalp, a platform for cross-chain…

Bitcoin miners have resumed selling BTC following the flagship asset reaching a new all-time high. On-chain data analytics provider CryptoQuant noted that outflows from miners reached 16,000 BTC on July 15. According to the firm, this has been the largest outflow from miners since April 7. With the miners moving all the BTC to exchanges, CryptoQuant noted that they might have sold in reaction to BTC’s new all-time high. Bitcoin miners’ outflow metrics (Source: CryptoQuant) It said: “The total miner outflows, transfers of Bitcoin out of miners’ wallets, spiked to 16K BTC on July 15, representing an extreme outflow according…

Ether’s multi-week climb toward the $4,000 level has faced resistance, with the token falling more than 3% to around $3,696. While bulls remain confident the uptrend is intact, recent price action has exposed some technical fragility — just as institutional buyers continue ramping up accumulation. The latest ETH pullback follows two strong weeks of gains and comes amid growing discussion among analysts about whether the rally can continue without a broader correction. Technical indicators are beginning to flash red. One X-based crypto analytics account, Front Runners, said ETH has now outperformed Bitcoin for 14 consecutive days, calling the trend “unsustainable…