Author: NBTC

A consortium of Bitcoin-native investors is acquiring DV8, a Thai-listed firm primarily engaged in retail and consumer electronics distribution, in a bid to expand the Bitcoin treasury model into Southeast Asia’s public markets. The consortium intends to acquire “at least 75%” of DV8’s registered capital through a Voluntary Tender Offer, according to a press statement shared with Decrypt. A notice of intent was published by the Stock Exchange of Thailand on Thursday. The group is led by backers of Metaplanet Inc., the Tokyo-listed firm that has adopted Bitcoin as its primary treasury asset. Consortium members include UTXO Management, Sora Ventures,…

After staying completely inactive for around three months, a major Shiba Inu (SHIB) holder has suddenly come back into action, moving over 150 billion SHIB tokens from crypto exchange Bybit into a personal wallet. The activity started a few months back but has picked up again recently, with another significant transfer taking place just 18 hours ago, according to Arkham. The wallet in question, which can be tracked on-chain, received several large amounts of SHIB from Bybit, including a transfer of over 107 billion tokens in one go. That one alone was worth about $1.68 million at the time. In…

This is a segment from The Drop newsletter. To read full editions, subscribe. Does expanding to Solana give a token “the juice?” Off The Grid developer Gunzilla Games is going to offer its GUN token on Solana in addition to Avalanche as part of its “multi-chain strategy.” A Solana token version contract address wasn’t shared in the initial announcement. It’s currently unclear whether the Solana expansion changes the existing token’s supply or distribution schedule, though it’s possible an existing portion of the token supply (whether circulating or not yet circulating) may be moved to Solana. Existing Avalanche GUN holders will…

A supply shock is on the horizon for Bitcoin, with its scarce nature and growing demand serving as a major catalyst for the impending wild rally. Lightspark CEO and co-founder David Marcus knows what’s coming for Bitcoin, the largest cryptocurrency by market cap. In a May 27 tweet, he suggested that things are going to get “so wild” from here on for the premier crypto asset. Scarcity Is Real Marcus identified a growing story of Bitcoin adoption among major financial players. The asset’s demand has gone institutional, so much so that Marcus has lost count of the number of companies…

YZi Labs is now part of a growing alliance of regulated and crypto-native players funding Digital Asset’s Canton Network, a blockchain aiming to merge Wall Street-scale operations with on-chain privacy and composability. On July 3, YZi Labs, the venture capital and incubation firm formerly known as Binance Labs, announced its participation in Digital Asset’s $135 million Series E round, which attracted Wall Street heavyweights like Goldman Sachs, Citadel Securities, and DTCC. The investment, following Digital Asset’s initial June 24 funding reveal, positions YZi Labs alongside traditional finance’s most influential institutions in backing the Canton Network, a public Layer 1 blockchain…

A famous XRP community member suggests that XRP Ledger is capable of outpacing Ethereum and Solana in the decentralized finance (DeFi) sector. In a lengthy thread on X, All Things XRP detailed why XRP could potentially win the DeFi race against Ethereum and Solana. For context, Ethereum and Solana have long been the top blockchains for decentralized finance, and many DeFi protocols have launched on both networks. Why XRP Could Outpace Ethereum and Solana in DeFi However, All Things XRP suggested that this might soon change due to both networks’ inherent problems. In particular, the community figure noted that Ethereum…

The team behind the Fortnite-like battle royale game OpenSeason has stopped production on the Ethereum-powered shooter—and instead launched a nudity-filled, crypto-infused puzzle game called Booby Bot. Inspired by Battle Nips, a cult internet game played across various forums and websites, Booby Bot asks players to guess where a woman’s nipples are hidden on a grid of 100 squares. Booby Bot evolves the concept further by using AI to generate the images, and requires players to find a tattoo while demanding a wager for each guess—with a swelling reward pot. A player’s first guess costs approximately $0.50 worth of USDC, with…

The latest milestone that Solana has achieved in July 2025 is a soaring $17.50 billion in terms of total value locked (TVL). The upsurge affirms Solana as a top smart contract blockchain and decentralized finance (DeFi) destination, aided by strong activity in staking, lending, decentralized exchanges (DEXs), and yield tactics. TOP 10 #TVL ON #SOLANA $JTO $KMNO $JUP $CLOUD $RAY $MNDE $DRIFT #Meteora $ORCA $FRAG pic.twitter.com/fhSdlvRaR6 — PHOENIX – Crypto News & Analytics (@pnxgrp) July 7, 2025 Jito and Kamino Lead the Pack with Over $5 Billion in Combined TVL The staking protocol Jito (JTO) garners an oversized $2.72 billion…

Meme coins have been pumping hard amid a wider crypto market surge, with Bitcoin (BTC) surpassing $100,000 on Thursday and Ethereum (ETH) passing $2,500 on Saturday. Moo Deng (MOODENG) is the biggest meme coin winner of the week, soaring 533% to a market cap of $242 million, much to the surprise of much of the crypto community. The token hit an all-time high of $614 million in November as the baby pygmy hippo reached peak virality inside and outside of crypto. Since then, mindshare for Moo Deng—and her associated meme coins—has dropped. But, clearly, degens still like the hippo, with…

For more than 15 years, the superiority of Bitcoin (BTC) over altcoins has been an ongoing debate in the digital currency space. Bitcoin maximalists, in particular, do not regard altcoins as sustainable projects. It appears a shift is on the horizon following Ripple Labs’ presentation of “The Skull of Satoshi” to the Bitcoin community. Ripple CEO calls for collaboration over conflict In a post on X, Brad Garlinghouse, Ripple’s CEO, explained the reason behind the gesture, which could signal the beginning of a new phase in crypto. According to Garlinghouse, the Skull of Satoshi is an artwork created to critique…