Author: NBTC

Sumit Gupta, co-founder of CoinDCX, has shared the achievement of India on his X. India has once again secured the top spot in the Global Crypto Adoption Index. The 2025 report from Chainalysis ranks India first for the third consecutive year. This marks a significant milestone for the country’s growing digital asset industry. The CoinDCX CEO wrote, “A hat trick for India.” He highlighted the country’s dominance in grassroots adoption. His remarks reflect the confidence within India’s crypto community. The report shows India ranking first across every metric. Including retail activity, institutional flows, and decentralized finance usage. This broad performance…

Gold-backed IRA provider SmartGold is moving $1.6 billion of vaulted assets onchain through a partnership with tokenization platform Chintai Nexus, potentially opening the door to tokenized gold investments through self-directed US Individual Retirement Accounts (IRAs). Each gold token is backed one-for-one with physical bullion and can be deployed as collateral across decentralized finance (DeFi) lending protocols, the companies said Tuesday. The structure works by having investors purchase and store vaulted gold through a SmartGold self-directed IRA. Chintai then tokenizes the holdings, issuing digital representations tied directly to the physical asset. Those tokens can be used as collateral on platforms such…

Although Ethereum and altcoins are in a general downward trend, some altcoins in South Korea have experienced a notable increase in trading volume. When data from South Korea’s largest cryptocurrency exchanges Upbit and Bithumb are combined, Ethereum (ETH) and XRP took the top two places in total trading volume. Upbit dominated the Korean cryptocurrency market last week, maintaining higher trading volumes than Bithumb. Upbit’s daily trading volume has typically exceeded $5 billion, peaking near $7.5 billion. In contrast, Bithumb’s trading volume has been relatively modest, typically hovering between $1 billion and $2 billion daily. When it comes to altcoins, ETH…

St. Petersburg’s Pulkovo Airport, one of Russia’s busiest, is accepting digital rubles for parking with plans to expand the range of services that can be paid for with the national coin. The airline hub’s first digital ruble payment comes well ahead of the gradual introduction of the state-issued digital currency for public use, scheduled to begin a full year from now. Russian pays for parking with digital rubles Pulkovo has become the first Russian airport to integrate the digital ruble as a payment method, the RIA Novosti news agency reported Monday, quoting Northern Capital Gateway, the company that runs the…

After the agreement between Al Maryah Community Bank (MBank) and the Abu Dhabi Judicial Department (ADJD) to enable AE Coin payments for judicial services, the first legal firm in UAE, Mohammed Sultan Al-Naimi Advocates and Legal Consultations is now accepting legal fees via AE Coin, the nation’s first Central Bank-regulated AED stablecoin. Users through the AEC Wallet will be able to make secure, efficient, and compliant payments for legal services. “As a forward-thinking legal firm, we are proud to align with national efforts to digitalize services across sectors,” said Mohammed Al Nuaimi, Founder of Mohammed Sultan Al-Naimi Advocates and Legal…

Blockchain-focused lender Figure Technology Solutions is aiming to raise $526 million in its initial public offering (IPO), underscoring the growing trend of crypto and blockchain firms pursuing public listings amid the bull market. According to regulatory filings submitted Tuesday and reported by Bloomberg Law, Figure plans to sell 21.5 million shares in the $18 to $20 range, with 4.9 million shares expected to be sold by existing holders. At the top end of the range, the IPO would value the company at roughly $4.3 billion. Figure first disclosed its public ambitions last month when it filed confidentially with regulators, followed…

OSL HK has become the first licensed exchange in Hong Kong to support BNB trading. The launch was announced today. It has stirred significant interest in the crypto community. This new offering allows professional investors to access BNB directly under a regulated framework. At launch, traders will be able to trade BNB against USD, USDT, and USDC, starting at 3:00 PM Hong Kong time (UTC+8). The move reflects BNB’s growing mainstream recognition. It also shows its efficiency and utility within the broader crypto ecosystem. CZ Celebrates the Milestone Changpeng Zhao (CZ), co-founder of Binance, shared his excitement on X. He…

Coinbase Derivatives said it will introduce a new type of equity index futures contract later this month, offering investors exposure to both leading U.S. technology stocks and cryptocurrency exchange-traded funds (ETFs) in a single product. Launching Sept. 22, the Mag7 + Crypto Equity Index Futures will be the first U.S.-listed derivatives contracts to combine traditional equities with digital assets, according to a blog post. The move, said the company, marks expansion beyond single-asset derivatives into multi-asset offerings designed to give investors thematic exposure to innovation and growth sectors. The new index includes ten components weighted equally at 10% each. It…

Major crypto exchange Coinbase has seen the addition of 35,122,576 XRP worth $99,004,973 to its supply. This comes as a whale deposited the said XRP stash to the crypto exchange in recent hours. According to blockchain data tracker Whale Alert, 35,122,576 XRP worth $99,004,973 was transferred from an unknown wallet to the Coinbase crypto exchange. 🚨 🚨 🚨 🚨 35,122,576 #XRP (99,004,973 USD) transferred from unknown wallet to #Coinbasehttps://t.co/UV3jGnU93G — Whale Alert (@whale_alert) September 3, 2025 This follows a trend of large transactions seen for XRP at September’s start. On Sept. 1, Whale Alert reported 236,982,903 XRP worth $654,339,020 and…

Today marked one of the busiest days yet for corporate crypto finance, as companies from New York to Hong Kong unveiled major treasury allocations, IPO filings and strategic acquisitions. SharpLink disclosed it had acquired 39,008 ether, worth roughly $177 million at the end of August, through an at-the-market equity program. The company framed the move as a diversification strategy and left open the option of staking its holdings. Ether Machine announced a $654 million raise, including a 150,000 ETH contribution from Ethereum supporter Jeffrey Berns, bringing its holdings to nearly half a million ETH. The firm will merge with Dynamix…