Author: NBTC
HTX, one of the leading cryptocurrency exchanges globally, has officially announced the launch and listing of USD1, the new stablecoin managed by the Trump family. With this move, HTX becomes the first platform in the world to support the trading of this new digital asset, marking a decisive step towards the evolution of the decentralized economy. The stablecoin USD1 is issued by World Liberty Financial (WLFI) and is fully compliant with US regulatory standards. The custody of the asset is entrusted to BitGo Trust Company, a guarantee of transparency and security for investors. Each token is pegged 1:1 to the…
NATIX, a decentralized physical infrastructure network (DePIN) focused on mapping data on Solana, shared Tuesday that it is teaming up with taxi service Grab to provide more accurate mapping technologies. Grab, which is known for its taxi services in southeast Asia but also crowdsources mapping data for its technological mapping arm, will be using its collaboration with NATIX to expand its footprint into the U.S. and Europe. The partnership consists of the NATIX team using Grab’s hardware and software technologies for mapmaking. “We take care of the data collection side, and we essentially monetize this together,” said Alireza Ghods, the…
Bitcoin (BTC) has reclaimed the $99,000 mark for the first time in over two months, igniting optimism among analysts who anticipate a price breakthrough above the $100,000 mark soon. Notably, BTC’s performance over the past month has been quite remarkable. Its value has appreciated by 31.8%, representing a strong comeback from its Liberation Day lows in early April. Is Bitcoin on Track to Reach $100,000? In the early Asian trading hours, the largest cryptocurrency reached $99,388, marking its highest price since February 21, 2025. At press time, Bitcoin’s price had adjusted to $98,874. BeInCrypto data showed that the coin experienced…
Crypto OG and Echo founder Jordan Fish, a.k.a. Cobie, says that he will take on the role of “performing monkey” in a new series of his influential UpOnly podcast — but only if somebody agrees to shell out almost $20 million for his recently minted NFT. Cobie announced the podcast’s potential return on X in response to one user who reminisced about UpOnly’s 2021 days. He said, “When the NFT is burned, the podcast will restart.” He added, “Until then, please leave me alone.” However, the devil is in the details. The NFT’s fine print doesn’t include any sponsorship rights,…
Tether, the issuer behind the world’s largest stablecoin USDT, is no longer just a crypto heavyweight—it’s becoming a major player in traditional finance, infrastructure, and even sports.—In its Q1 2025 attestation, Tether posted over $1 billion in operating profit, fueled largely by the yield on its ballooning U.S. Treasury portfolio, which now sits just shy of $120 billion. That includes $98.5 billion in Treasury bills and $23 billion in repurchase agreements and other cash-equivalents, placing Tether ahead of many sovereign nations in U.S. debt holdings.The attestation—verified by BDO under El Salvadoran regulatory oversight—also shows $149.3 billion in total assets against…
Big news is stirring in the crypto world! QuarkChain (QKC), a blockchain project known for its sharded layer-1 network, has just dropped a significant proposal that could fundamentally change its future. The team is putting forward a plan for a major crypto migration, moving from its current standalone architecture to become an Ethereum Layer-2 network built on the powerful Optimism Stack. This isn’t just a technical tweak; it’s a strategic pivot aimed at leveraging the immense strength and ecosystem of Ethereum. Understanding QuarkChain’s Proposed Ethereum Layer-2 Shift For those unfamiliar, QuarkChain has operated as its own unique sharded public blockchain.…
US Treasury Secretary Scott Bessent was sharply questioned today by the House Financial Services Committee about Trump-affiliated World Liberty Financial (WLFI) and its new USD1 stablecoin. Congressional Democrats questioned Bessent whether no-interest stablecoins linked to Trump’s crypto ventures could mask hidden subsidies. Bessent Scrutinized Over President Trump’s World Liberty Financial World Liberty Financial, founded in 2024 with close Trump‑family ties, raised about $550 million in late 2024 by selling its governance token. The Trump family is entitled to roughly 75% of net revenues. In March, WLFI launched USD1, a dollar‑pegged token backed by US Treasuries and cash equivalents. Within weeks, Abu…
Korean traders might have turned bearish on XRP, as leading exchange Upbit witnesses half a billion dollars in net XRP sell volume within a month. This is according to data presented by Dom, a well-known analyst and order book expert, following an assessment of the XRP pair against the Korean Won (XRP/KRW) on Upbit, South Korea’s largest crypto exchange by 24-hour trade volume. Notably, his latest disclosure builds on a persistent bearish trend across the Korean market in recent times, as traders take to selling off their XRP holdings amid the ongoing bearish pressure. For context, XRP has witnessed turbulence…
LayerEdge has introduced edgenOS, heralded as “The World’s First People-Powered Verification System.” This innovative platform aims to redefine blockchain security by shifting the power from traditional mining farms to millions of everyday users, leveraging zero-knowledge proofs and human participation on an unprecedented scale. With the crypto community buzzing, this article delves into edgenOS, its potential impact on blockchain technology, and what it means for the future of Decentralized Finance (DeFi). What is edgenOS? LayerEdge launched edgenOS as a revolutionary verification layer. According to the LayerEdge blog, edgenOS is a revolutionary verification layer that transforms blockchain security, shifting power from concentrated…
Solana’s DEX volume has reached $806.8 billion so far in 2025, with Jupiter still dominating. Solana’s (SOL) ecosystem has broken a major milestone in network activity. As of Wednesday, May 7, total decentralized exchange volume in 2025 on Solana was $806.8 billion, according to a data from Top Ledger. This represents a nearly 400% increase from the same period last year, when DEX volume was at $201 billion. Solana monthly DEX volume in USD | Source: Top Ledger January accounted for more than half of the DEX volume this year at $408 billion. The crpyto market rally, which started in…