Author: NBTC

The XRP Ledger (XRPL) is gearing up for significant upgrades that could add exciting new features to the platform. According to a recent tweet by a Vet, a dUNL validator, Token Escrows is coming soon to XRPL, expanding real world utility. Token Escrows coming to the XRP Ledger ✅Currently only XRP can be escrowed. With this amendment assets like RLUSD, tokenized real world assets and meme coins can be escrowed as well.IOU + MPT support 🤗 pic.twitter.com/sSVRHuvIRJ — Vet (@Vet_X0) June 4, 2025 Up until now, only XRP could be escrowed on the ledger; however, this is set to change,…

The OFAC lifted the sanctions against Tornado Cash but the charges against Storm were not dropped. The legal defense team representing Storm intends to raise $2 million to facilitate the process through trial. The Ethereum Foundation (EF) has donated $500k towards the legal defense of Roman Storm, a co-founder of Tornado Cash, who was charged by the United States. The EF argued that Storm should not be criminalized for advocating for privacy through writing a mere computer code. Notably, the United States Office of Foreign Assets Control (OFAC) lifted its sanctions against Tornado Cash on March 21, 2025, following a…

Syrian nationals can now access Binance’s crypto services after the exchange removed the country from its list of prohibited jurisdictions. The announcement, made through a June 12 press release, followed US President Donald Trump’s decision to suspend sanctions on Syria in May. For the first time since 2019, residents in Syria can use spot and futures trading, staking, Binance Pay for cross-border transactions, and crypto education materials in Arabic. “Financial freedom should be for everyone,” Binance said in its statement. Binance resumes trading activity in Syria In its statement, Binance said millions of Syrians have a high interest in crypto…

DWF Labs-backed stablecoin venture, Falcon Stable or USDf, has been integrated into Kaia Chain, according to DWF Labs CEO Andrei Grachev. In a recent post, DWF Labs CEO and Head of FalconStable, Andrei Grachev announced that the USD-backed stablecoin has been fully integrated into the Kaia (KAIA) Chain. The partnership enables the synthetic stablecoin to be embedded into the LINE messenger ecosystem through Kaia. “Together, we bring sustainable and innovative stablecoin yield solutions for more than 250 Millions of Line users BUIDL!” said Grachev in his recent post. By integrating USDf into Kaia Chain, LINE users will be able to…

The price of Bitcoin, after reaching a new all-time high in May, struggles to maintain momentum. Despite the initial euphoria following the re-election of President Donald Trump, the world’s most famous cryptocurrency is now in a phase of uncertainty, closely tied to the decisions of the Federal Reserve and the economic tensions surrounding the US dollar. Trump recently announced that the choice of the next president of the Fed will be made public “very soon.” During an interview aboard Air Force One, reported by Reuters, the president reiterated his position: “If we had a good Fed president, they would lower…

Ethereum has reclaimed a major historical support level near $2,516, but a worrying divergence is emerging. While the price appears stable, key momentum indicators and declining trading activity suggest the asset may struggle to maintain upward pressure in the short term. At press time, ETH traded at approximately $2,530, recovering from a recent intraday high. This price action puts the market at a critical crossroads, with analysts watching to see if support can hold in the face of weakening underlying strength. Ethereum Is Holding a Historically Critical Support Level According to a chart shared by market analyst Rekt Capital, Ethereum…

Kyrgyzstan plans to use USDKG, a gold-backed stablecoin, as legal tender to support financial modernization. The country saw crypto mining tax revenue jump 30% in Q1 2025, reflecting stronger sector growth. Kyrgyzstan has just announced plans to adopt the gold-backed stablecoin USDKG as legal tender. The government is not just testing it out, it is really aiming to make this project a part of people’s daily lives. Imagine, one day people will be able to buy hot tea in Osh or pay for public transportation in Bishkek using a digital token whose value is tied to the US dollar—but backed…

Sen. Elizabeth Warren (D-MA) and leading consumer advocacy groups denounced a report Friday that Amazon and Walmart are considering issuing their own stablecoins, framing such developments as an unacceptable outcome of pending stablecoin legislation in the Senate. “Let’s not forget the GENIUS Act has a major loophole allowing Big Tech companies and major retailers to issue their own private currencies structured as stablecoins,” Warren said Friday in a statement shared with Decrypt. “If Congress doesn’t fix it, billionaires like Elon Musk, Jeff Bezos, and Mark Zuckerberg could launch stablecoins that track your purchases, exploit your data, and squeeze out competitors.”…

Paypal CEO Alex Chriss announced today that PayPal plans to bring PYUSD, PayPal’s Stablecoin, into the Stellar network to provide fast and affordable cross-border payments and reach a large group of developers. According to the company press briefing, they are awaiting approval from the NYDFS. Paypal plans to upgrade its Stablecoin for real-world payments, commerce, and micro-financing by leveraging the Stellar network speed, low transactional costs, and ease of integration. Stellar has been designed for speed, low-cost payments, and real-world utility. Chris believes the blockchain technology firm will unlock an additional option to the already existing expansion in Ethereum and…

Kraken launches a Crypto-as-a-Service platform through Alpaca, reaching 200+ enterprise clients. The plug-and-play model offers trading, custody, and compliance without extra licensing. Brett McLain says the move positions Kraken as key infrastructure for traditional finance. While the spotlight in crypto often falls on token launches and price moves, some of the most important shifts happen behind the scenes. Kraken’s latest move is one of them and it could have a lasting impact on how crypto gets integrated into mainstream finance. The exchange has launched a Crypto-as-a-Service (CaaS) platform in partnership with equities broker Alpaca. It’s not flashy, but it’s powerful:…