Author: NBTC

Eric Trump has threatened to legally challenge the unauthorized crypto wallet project that surfaced yesterday and claimed to be the “Official $TRUMP Wallet,” The New York Times reported Tuesday, citing a series of text messages from the president’s son. “There is no deal for this product,” he wrote in a text to The Times. “There is no agreement for this product. It has not been approved.” The controversy intensified following the discovery of a new website that branded itself as “The Official $TRUMP Wallet” by President Trump. Operating separately from GetTrumpMemes.com, the Official Trump meme coin’s domain, the site stated…

Hong Kong-based RedotPay, a crypto payment fintech serving over four million users, has partnered with stablecoin issuer Circle’s new payment network (CPN), to take the headache out of Brazil’s cross-border transactions. The CPN collaboration means RedotPay users can now send cryptocurrency directly to Brazilian bank accounts, with funds automatically converted into Brazilian Real (BRL) upon arrival, the companies said on Monday. Stablecoins for payments are growing rapidly, with various estimates about the potential market size for blockchain rails and dollar-pegged tokens. Circle, issuer of the second-largest stablecoin, USDC, introduced the CPN in April, to capture some of the cross-border payments…

SoonChain, a prominent AI-driven gaming layer-2, has commenced an exclusive collaboration with REI Network, a blockchain-powered decentralized data exchange. The partnership endeavors to advance the Web3 gaming sphere. The platform mentioned this exclusive initiative in a recent post shared on its X account. 🚨 Partnership Announcement 🚨Hey everybody! We’re thrilled to team up with @GXChainGlobal to level up Web3 gaming! 🎮✨REI Network is developed for the evolution trend of the blockchain, to achieve a lightweight, EVM compatible, higher performance, and no fee blockchain… pic.twitter.com/PAyh1ROGW9 — SoonChain 🟦 Testnet🔛 (@soonchain_ai) June 4, 2025 SoonChain and REI Network Collaborate to Boost Web3…

Despite a steep drop in the price of its native token, PancakeSwap is quietly dominating the decentralized exchange (DEX) landscape. The Binance-backed platform has leapfrogged rivals like Uniswap (UNI) and Raydium (RAY), processing over $116 billion in monthly volume and racking up millions in fees and revenue. But even as the DEX sees explosive growth in usage, CAKE — its governance and utility token — has slipped from a late-May high of $2.95 to around $2.30, raising questions about whether market sentiment is out of sync with protocol fundamentals. This retreat brought its market valuation to about $745 million. Still,…

Ethereum price started a fresh increase above the $2,550 zone. ETH is now facing resistance near the $2,640 and $2,665 levels. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,600 support zone in the near term. Ethereum Price Consolidates Gains Ethereum price started a decent upward move above the $2,500 zone, beating Bitcoin. ETH price was…

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin BTC$101,829.31 is trading above $101.5K as Asia begins its trading day, shrugging off fresh tariff uncertainties from the Trump administration. However, the real story, according to Semir Gabeljic, director of capital formation at Pythagoras Investments, is that traders continue to be laser-focused on a bull market throughout the remainder of the year, with a high…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Validator clients are the software that nodes run to participate in consensus and maintain the network. They validate and vote on blocks, process transactions, and generally just keep the network alive, handling both consensus and execution in a single piece of software. Historically, Solana’s entire ecosystem has relied on one implementation, a Rust-based client developed by Solana Labs, and now maintained by Anza under the name Agave. Today, however, the vast majority of stake (90%+) runs on Jito-Solana, a fork of the Agave client with added MEV…

MoonPay, a cryptocurrency on-ramp and payments firm with over 20 million users, has been granted a coveted BitLicense and money transmitter license by the New York State Department of Financial Services (NYDFS). The BitLicense approval completes MoonPay’s U.S. regulatory coverage, complementing money transmission licenses in 46 other U.S. jurisdictions, as well as registrations in the UK, Australia, Canada, Italy, Ireland and Jersey, the company said in a press statement on Wednesday. Donald Trump’s crypto-friendly administration has made attaining a solid footing in the U.S. all the more desirable for firms as his administration works on federal regulations. The NYDFS BitLicense…

Bitget, the famous cryptocurrency exchange and Web3 company, has announced a new partnership to improve its services and enhancing the customer trading experience. According to reports, Bitget will collaborate with Kronos Research, a top quantitative trading firm, to enhance market liquidity and trading efficiency on its platform. Partnership Aims for Deeper Liquidity, Tighter Spreads This strategic alliance with Kronos Research, as Bitget explains, will allow the exchange to provide deeper liquidity and tighter bid-ask spreads. That would enable digital asset traders and Bitget’s institutional clients to execute large orders with minimal slippage. The goal here is to make trading on…

Shards Protocol has secured $2 million in funding to advance Aura, its Web3 reputation system that turns on-chain activity into reputation and rewards. In a press release shared with crypto.news, Shards Protocol announced that it has raised $2 million in funding backed by Animoca Brands, Kyber Ventures, Yield Guild Games, and others. The capital will primarily fund the development and integration of their flagship product, Aura, within the Web3 ecosystem. Aura is a recognition and reputation layer that converts users’ on-chain activity into verifiable reputation and rewards. Users can flaunt their reputation scores and badges from their Web3 activities right…