Author: NBTC

Popular crypto derivatives are called perpetual contracts that enable traders to bet on the prices of Bitcoin or Ethereum but not owning the asset. In contrast with conventional futures, they do not expire, and they are maintained at spot prices by means of such mechanisms as funding rates. Traders are allowed to make long or short positions, usually leveraged to the extreme degree of 100x. This aspect has rendered perpetuals to be very speculative and controversial within the Chinese law system. 《律师：中国法院如何认定虚拟货币合约交易？》（作者 刘磊律师团队）永续合约这东西本身不算 “违法”，但关键看你在哪用、怎么用，在国内，这事儿的红线特别明确；法院认为，用户“赌价格”“猜涨跌”，跟赌博中的“押大小”没区别，阅读全文： https://t.co/b5cbmFHIKO — 吴说区块链 (@wublockchain12) September 27, 2025 Court Ruling Makes Gambling Consonant to Contracts Guidance Case…

Hyperliquid, once the uncontested leader in the on-chain perpetuals market, is fast ceding ground to emerging platforms such as Lighter and Aster. At one point in May, Hyperliquid accounted for 71% of the on-chain crypto perpetuals market. That number now stands at 38%, according to pseudonymous Dune Analytics user @uwusanauwu. Meanwhile, competitors such as a16z-backed Lighter and Binance Labs-backed Aster have increased their market share to 16.8% and 14.9%, respectively, from lower single digits in May. These percentages are based on weekly trading volumes and exclude wash trading figures. The on-chain perpetuals market refers to the decentralized trading of perpetual…

Bion, a Web3 shopping platform, has announced its strategic partnership with Customer Relationship Management (CRM), a digital asset trading platform. The basic purpose behind this partnership is to make Web3 shopping easy with a crypto payment method all over the world, by offering smarter credit and lending through real-world utility. Bion app set to provide maximum ease to users during trading all over the world with a crypto spending method. In other words, it aims to facilitate users not just for trading and holding purposes, but also to make their purchasing seamless, easily accessible, and rewarding. We’re hyped to team…

Billionaire venture capitalist Chamath Palihapitiya warns that the Fed is on track to repeat past mistakes this year amid flawed data and slow policy responses. Palihapitiya says on the social media platform X that the Fed has a track record of being late when it comes to adjusting interest rate policy based on changing economic conditions. The billionaire notes that the Fed was late more than 15 years ago, and it will likely be late again this year. “The Fed has been seriously wrong in setting interest rate policy in the past. The most egregious example was going into the…

Boerse Stuttgart Digital, the crypto arm of the Stuttgart Stock Exchange Group, has entered the Spanish market with a new office in Madrid, the company said Tuesday. The move expands its European footprint to eight hubs, including Frankfurt, Zurich and Milan. The company, which earlier this year received the first Europe-wide MiCAR license from Germany’s BaFin regulator, provides crypto trading and custody solutions designed for banks, brokers and asset managers. Its modular platform lets institutions integrate cryptocurrency services into their retail offerings while remaining compliant with the European Union’s new Markets in Crypto-Assets (MiCAR) framework. Spain’s appetite for digital assets…

The clash between Wall Street and the crypto sector over yield-bearing stablecoins is intensifying in Washington. The stablecoin industry needs more options for offering yield to users, according to Will Beeson, founder and CEO of RWA liquidity layer Multiliquid and Uniform Labs, and former head of tokenized asset infrastructure at Standard Chartered. “In a competitive market with others issuing their own stablecoins, you end up in a situation where you’re looking for ways to incentivize users to use your stablecoin,” Beeson told Decrypt. “The ability to pay yield would be an important way to do that.” The GENIUS Act and…

Binance, one of the world’s largest cryptocurrency exchanges, made a new announcement that the Hemi (HEMI) token will be integrated into different services of the platform. Binance Adds Hemi (HEMI) Token to Multiple Services HEMI will be available for trading on Binance Simple Earn, “Buy Crypto,” Binance Convert, and Binance Margin as of September 23, 2025. According to Binance’s announcement, HEMI Flexible Products will be listed on Binance Simple Earn and available for subscription by users starting at 3:00 PM on September 23, 2025. HEMI is also participating in Binance’s HODLer Airdrops program, which distributes regular token airdrops to BNB…

Sony Bank has established BlockBloom Inc., a wholly owned subsidiary that will develop Web3 services, including digital assets, NFTs, and blockchain infrastructure. Announced on Thursday, the move follows plans disclosed in July. The subsidiary will operate under Japan’s regulated framework for digital assets and plans to integrate blockchain technology into the bank’s services. Sony Bank expects this move to limit near-term financial impact. Separate Entity Focuses on Blockchain Initiatives Sony Bank, a mid-sized digital-first bank under Sony Financial Group in Japan, created BlockBloom Inc. to manage digital asset management, NFT projects, and blockchain infrastructure. The subsidiary allows the bank to…

Stablecoin issuer Tether is one of the largest corporate accumulators of Bitcoin over the last 12 months, adding more coins to its treasury than nearly all spot exchange-traded funds (ETFs). On Sept. 8, Tether CEO Paolo Ardoino shared data showing that the stablecoin issuer secured more than 27,700 BTC in the past year. Of that amount, around 7,900 BTC were placed directly into the reserves backing USDT, while an additional 19,800 BTC were allocated to Twenty One Capital (XXI), a digital asset treasury fund to which Tether contributes. The purchases put Tether ahead of several mid-tier ETF inflows, including VanEck’s…

Mirae Asset Global Investments and Ava Labs, the developer behind the Avalanche blockchain, signed a memorandum of understanding (MOU) on Thursday to jointly develop fund tokenization and on-chain operation and settlement systems, the firms said. Avalanche said on X (formerly Twitter), “By combining Mirae’s $316B scale with Avalanche’s institutional-grade blockchain, the two firms aim to set new standards for tokenized funds — where global capital connects with next-generation technology.” Under the agreement, the two companies will undertake joint research and feasibility studies on tokenizing fund products, work to connect with the global institutional ecosystem and run pilot projects to build…