Author: NBTC

Asset manager Canary Capital has filed with the United States Securities and Exchange Commission (SEC) for an exchange-traded fund tracking PENGU, the governance token for the Pudgy Penguin. The ETF would hold both PENGU and Pudgy Penguin nonfungible tokens (NFT), as well as other cryptocurrencies, such as SOL and ETH, that may be necessary to the purchase, sale or transfer of PENGU and the associated NFTs. Nashville, Tennessee-based Canary Capital filed an S-1 form with the SEC on March 20. This is the first proposed EFT that includes NFTs. The ETF will be structured as a trust that is expected…

IOTA teams up with Lukka to deliver accurate, compliant data insights for its ecosystem. Fair Market Value (FMV) reporting reshapes how businesses evaluate and report crypto holdings. The IOTA Foundation has recently partnered with Lukka, a provider of blockchain analytics and compliance tools. Through this partnership, Lukka is positioned as the sole supplier of compliance-related solutions within the IOTA ecosystem. This reflects the foundation’s commitment to giving its users a safe and transparent environment. We are happy to share that @iota , a leading open-source distributed ledger technology (#DLT) network, has chosen Lukka as its exclusive provider for #blockchainanalytics and…

Fuse Network and QuickNode have collaborated to introduce Fuse Ember L2 represents the next-gen Layer 2 solution that leverages zkEVM technology. Through this strategic collab, Fuse Network and QuickNode seek to solve Web3 payment scalability issues and fees by supporting instant transactions with minimal costs and network interoperability. The upcoming Fuse Ember L2 testnet launch will provide users with transformative experiences. The future of Web3 payments needs speed, scalability, and low fees—and that’s exactly what Fuse Ember L2 is built for. 🔥To make this vision a reality, we’ve partnered with @QuickNode to leverage their enterprise grade infrastructure to power high-speed…

Bitcoin mined has crossed the 19.96 million mark, meaning over 95% of Bitcoin in existence has been issued. The largest cryptocurrency could soon experience a scarcity amidst fast-paced BTC withdrawals from exchanges. U.S. President Donald Trump’s plan for a strategic Bitcoin reserve and developments like institutional adoption and Layer 2 rollout on BTC could catalyze demand for the digital asset. Table of Contents Bitcoin scarcity and BTC demand drivers U.S. Strategic Bitcoin Reserve progress and Trump’s plan for Bitcoin Bitcoin Layer 2 protocols Whales and institutions don’t want to sell Bitcoin, what to expect Bitcoin price forecast for February 2025…

A year ago, restaking was one of the hottest areas of crypto, and projects like EigenLayer were heralded as the next big thing. Fast forward to mid-2025 and total value locked (TVL) has fallen across the sector and the hype that surrounded point farms has withered away. Through it all, Ether.fi, the market leader, has stayed steady, helping users generate yield through liquid staking tokens (LSTs) that can be staked across the decentralized finance (DeFi) ecosystem. Now, Ether.fi is looking to expand with plans to become a neobank for crypto companies and users. Ether.fi’s dominance Ether.fi, which is based in…

Solana (SOL) vesting contracts will unlock 11.16 million SOL on March 1, worth over $2 billion at current prices. This will come from tokens previously bought and later sold by the defunct exchange FTX, part of the bankruptcy process. As informed in a Blockworks newsletter, “the FTX estate sold off a number of still-locked tokens to investors at a significant discount to the market price,” after the exchange went bankrupt. Data from Messari shows that the FTX Estate has 11.2 million SOL to be unlocked, including March 1’s event. This upcoming unlock amount represents over 2.2% of Solana’s circulating supply…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Stablecoins have become an integral part of the digital asset ecosystem, reaching $15.6 trn in annualized transaction volume in 2024 (119% and 200% of VISA and Mastercard, according to ARK Invest) and now seamlessly bridge traditional finance with blockchain-based transactions. However, concerns over transparency, security, and regulatory oversight have long surrounded the industry. You might also like: US leadership in crypto: The focus is on stablecoins | Opinion To address these concerns, the European Union has introduced…

Barclays has become the latest major financial institution to jump on the Bitcoin ETF bandwagon, reporting a new position in the iShares Bitcoin Trust (IBIT) in its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The UK-based bank now holds 2,473,064 shares of IBIT, valued at $131 million as of December 31, as per the Thursday filing. The purchase took place during the fourth quarter, spanning October to December, and coincides with the post-election surge in the Bitcoin price, which is now trading at a price of $97,030.17, up 0.8% over the past day, per CoinGecko data.…

When a DeFi user loses 14 ETH (~$33,000) due to a faulty oracle update, who takes responsibility? If you ask Morpho, Pyth Network and Re7 Labs, the answer is: no one. That’s exactly what happened in early March when “jameis” — a user of an Re7 vault on Morpho — found their cbETH-backed loan liquidated due to a price feed delay between Pyth’s cbETH/USD and ETH/USD feeds. While ETH’s price kept updating, cbETH’s remained frozen for nearly an hour. The result? A price ratio distortion that triggered liquidations, even though the cbETH/ETH ratio never actually diverged in reality. The blame…

Cardano founder Charles Hoskinson has asserted that ADA, Ethereum, and XRP, sometimes referred to as dinosaur coins, will likely be the big winners in this current market cycle. Hoskinson expressed this view in a Gokhstein Media podcast episode released on Thursday, February 13, where he discussed the state of the market and his outlook. Speaking to show host David Gokhstein, he asserted that the bull market was far from over. To bolster his view, the Cardano founder cited the ease with which the crypto market recovered from capital flight and liquidations on February 3, a previous bearish spell which resulted…