Author: NBTC

Vietnam is set to launch its first homegrown cryptocurrency exchange. This comes following a partnership between the Vietnamese state-controlled Military Bank and the operators of South Korea’s Upbit exchange, Dunamu. Local media outlet The Korea Herald today reported that Military Bank and Dunamu signed an agreement in Seoul confirming their interest in developing Vietnam’s first domestic crypto exchange. It currently ranks behind Coinbase, Bybit, and Binance. At press time, Upbit boasts $3.94 billion in volumes over the past 24 hours. Therefore, Dunamu’s expertise is expected to play a crucial role in developing and operating the Vietnamese state-linked exchange. Notably, under…

Maple Finance, the largest on-chain asset manager by assets under management, has introduced syrupUSDC as collateral for perpetual futures trading on Drift Protocol. Summary Maple launches syrupUSDC as yield-bearing collateral on Drift, offering 7–8% APY. $100,000 in incentives and a $50M supply cap aim to boost adoption. Drift integration enhances capital efficiency and expands Solana DeFi use cases. According to a press release shared with crypto.news on Aug. 13, the integration enables traders on the Solana-based decentralized exchange to earn between 7% and 8% APY on margin collateral while actively trading. Boosting capital efficiency in DeFi trading Drift (DRIFT), the…

Following the strong rise in the cryptocurrency market last month, prices have calmed down, and investors have begun to take positions against the decline. Options Data Shows Investors Hedging Against Bitcoin Drops Below $100,000 and Ethereum Below $3,000 According to data from options platform Derive.xyz, there has been a notable increase in the number of put options opened for Bitcoin (BTC) and Ethereum (ETH) in futures trading on August 29. This suggests that investors are hedging their bets, anticipating a decline by the end of the month. According to a market update shared by Dr. Sean Dawson, Derive’s Head of…

Roman Storm’s legal team and US prosecutors have agreed to extend procedural deadlines that could affect retrying the Tornado Cash co-founder on conspiracy to commit money laundering and conspiracy to violate sanctions. In a Monday filing in the US District Court for the Southern District of New York (SDNY), Judge Katherine Failla approved a schedule agreed upon by Storm’s lawyers and the US government that will push the start of any potential retrial. Though prosecutors did not suggest whether they intended to retry Storm on the two felony charges, any scheduling on the matter would likely be pushed to later…

Digital asset infrastructure provider Aquanow is partnering with SGB, a fully licensed digital bank, to solve one of the biggest headaches for crypto businesses, open a reliable bank account. The collaboration is designed to offer seamless fiat banking services to institutional players in the crypto space. Bridging the Gap Between Crypto and Fiat This new alliance will give Aquanow’s global clients, which include exchanges, payment providers, and fintech companies, the ability to easily open USD bank accounts, settle trades, and transfer funds using SGB’s full SWIFT membership and regulated banking framework. This partnership benefits businesses seeking reliable, compliant infrastructure that…

Illegal cryptocurrency mining caused $3.52 million in damages in Tajikistan in H1, according to the country’s Attorney General Khabibullo Vokhidzoda. Speaking at a press conference, Vokhidzoda reported that these damages relate specifically to the illegal use of electricity by miners, with energy providers compensated by the state. “There are people who import equipment for mining companies into the country from abroad and illegally mine cryptocurrency,” said Vokhidzoda, who added that four to five criminal cases involving the use of mining equipment are currently open. Vokhidzoda’s remarks follow a similar update from the prosecutor’s office in the Sughd region, which is…

With the ETH price flying and regulators opening up to decentralized finance (DeFi), onchain lending and borrowing markets are making concurrent all-time highs, hitting the $100 billion threshold today. The onchain lending market reached the $100 billion milestone this week, according to TokenTerminal, with Aave commanding a lion’s share of the market, with $63.4 billion, or 63.4%, of the total TVL. Morpho and Spark are neck and neck for second largest with $8 billion and $7.6 billion, respectively. DeFi Lending Total TVL – TokenTerminal The lending space has exploded over the last two months, growing 49% from $66.8 billion since…

BlackRock has crossed a new milestone in its digital asset strategy, with cryptocurrency holdings now at $103.98 billion as of August 14, 2025, according to Finbold analysis of data from blockchain intelligence platform Arkham. The portfolio includes $89.27 billion in Bitcoin (743,310 BTC) and $14.71 billion in Ethereum (3.2 million ETH). Notably, this marks a staggering $49.15 billion net increase since the start of 2025, when BlackRock’s crypto holdings stood at $54.83 billion, comprising $51.16 billion in BTC and $3.59 billion in ETH. BlackRock’s recent Ethereum accumulation Notably, the pace of Ethereum accumulation has accelerated sharply in recent months. At…

During a recent appearance on Bloomberg TV, pro-crypto Republican Commissioner Hester Peirce stated that the agency is not going to wait for Congress to enact specific legislation. Peirce claims that a lot of work can be done under the agency’s existing authority. She stressed that the SEC had been working since January on providing guidance about the application of existing securities laws within the cryptocurrency sector. Last month, the US Senate Banking Committee released a draft version of the landmark crypto market structure bill, which has drawn some criticism from industry players, including blockchain company Ripple, for giving the SEC…

Key Takeaways A data leak exposed the names and emails of FTX creditors ahead of the next payout round. Scammers are targeting claimants with phishing emails, urging vigilance and use of official claim sites. Sunil Kavuri, a known FTX creditor activist, has warned that the full names and email addresses of FTX creditors have been leaked. Warning: Phishing Scam Email Full name, email addresses of FTX creditors revealed New or old data leak 1) Do not click on email links 2) Check Sender addresses 3) Go direct to claims portal or official address. Do not click on links in emails…