Author: NBTC

The Bank of Canada has warned that stablecoins, now powering trillions in global payments, must be “as safe and stable as the balance in your bank account” before regulators let them scale. Speaking at the CPA conference in Ottawa on Thursday, Senior Deputy Governor Ron Morrow said that while stablecoins present major opportunities to modernize Canada’s payment infrastructure, “there’s scope for a lot of potential change, but there’s also the need for some caution.” Morrow pointed to Canada’s particular vulnerability in cross-border payments, noting international money transfer costs are “significantly higher in Canada than in jurisdictions like the United States…

Hyperliquid is a layer-1 blockchain tailored specifically for financial operations, where trading liquidity, user-facing applications, and token launches come together on a single platform. At its core, the project aims to create an open system that handles all aspects of finance directly on-chain, allowing participants to interact without intermediaries. This setup enables developers and users to build and trade in a unified environment, which has drawn attention from both individual traders and larger entities. While the blockchain launched its mainnet features progressively, including the HyperEVM in early 2025, it has maintained consistent performance even during periods of high market activity.…

Ether prices have reclaimed the $4,000 level, adding 3.6% on the day to reach $4,060 during the Monday morning trading session in Asia. The asset has gained almost 10% since its crash to $3,700 on Oct. 17, but still has a long way to go, trading down 18% from its all-time high. ETH prices have also held on to key support levels with the weekly closing candle at $3,985, according to Tradingview. This solid support zone stems from December’s highs and weekly closes. Ether “wicked into its multi-year downtrend that was broken months ago for another retest attempt to then…

Sherlock Communications, a Latam‑focused firm, said Argentina has consolidated itself as a leader in crypto regulation and adoption in the region over Brazil. While Brazil has a larger crypto market, the firm says Argentina is one of the Latam’s most active crypto‑receiving nations. Sherlock Communications’ Latam Report Highlights Crypto Adoption Advancements in Argentina Latin America is one of the largest addressable markets for crypto, and Argentina is one of the countries with the largest adoption in the region. Sherlock Communications, a Latam-focused firm, released its Blockchain Latam Report 2025, where it is specified that Argentina has surged as one of…

Key Takeaways CME Group is entering the prediction markets industry by launching event contracts through a new partnership with FanDuel. This move challenges existing platforms like Kalshi and Polymarket by bringing CME’s traditional financial infrastructure to entertainment-based event betting. CME Group, a major derivatives exchange operator, is partnering with FanDuel to launch event-based financial contracts, marking the traditional finance giant’s entry into the prediction markets space. The collaboration positions CME to distribute new contracts through FanDuel’s platform, bringing traditional exchange infrastructure to entertainment-driven betting markets. FanDuel’s parent company, Flutter Entertainment, has been navigating regulatory landscapes in gambling and prediction markets.…

Vitalik Buterin has shared new research that could reshape how Ethereum approaches proof verification and scaling in the coming years. Summary Vitalik Buterin introduces GKR, a protocol for faster proof aggregation. GKR improves efficiency for Ethereum’s ZK and rollup systems. It marks a step toward Ethereum’s “Lean” and quantum-secure vision for 2025. Vitalik Buterin has introduced the GKR protocol, a breakthrough proof system designed to make zero-knowledge computations faster and more efficient. Published on Oct. 20, on his personal blog vitalik.eth.limo, Buterin’s new tutorial details the Goldwasser–Kalai–Rothblum protocol. This recursive proof aggregation method has the potential to change how Ethereum…

Local reports say the power company cut power to Tether’s operation on July 25 amid a renegotiation of Uruguay’s power tariffs. In June, the company signed an MoU conditioned on payment of its outstanding debts. Tether Faces Power Cuts in Uruguay Amidst $5 Million Outstanding Energy Debt Tether, the multi-billion-dollar crypto and stablecoin company, is facing difficulties regarding its operation in Uruguay, linked to its mining operations. According to local sources, the company is currently experiencing power interruptions due to its outstanding energy bills from the activities of its two sites in the country. Sources from UTE, the Uruguayan state-owned…

Uphold, one of the largest U.S.-based crypto exchanges, has once again stirred excitement among XRP holders. In a tweet, the exchange stated that XRP is not just held; it’s used, earned, and compounded. The statement strengthens Uphold’s reputation as a leading exchange championing real-world utility and rewards for the XRP community. From Loyalty to Utility For years, Uphold has been recognized as the “XRP exchange,” managing more than $6 billion worth of XRP — over ten times the amount of Bitcoin held on its platform. XRP Cashback Program Rewards Users In September, Uphold unveiled one of its most practical reward…

Bolivian President-elect Rodrigo Paz plans to tackle corruption in his country’s government using blockchain technology.The Associated Press reported Monday that Paz defeated rival Jorge Quiroga 54.5% to 45.5% and is set to take office on Nov. 8. Paz won Sunday’s runoff on a centrist, pro-market message and inherits an economy strained by fuel shortages and a US dollar squeeze, according to the AP. Rodrigo Paz won Bolivia’s run-off presidential election on Sunday. Source: AP For crypto observers, Paz’s government plan includes two concrete proposals related to digital assets and blockchain. Blockchain joins Bolivia’s reform agenda The first is a plan…

Key Takeaways The ECB reports continued progress in developing the digital euro, a central bank digital currency (CBDC) for the eurozone. Testing for the digital euro is expected to end by October 2025, with a possible launch after that date. The European Central Bank sees progress in digital euro development as the central bank digital currency project advances through its preparation phase. The ECB, the central banking institution for the 20 eurozone countries, entered the digital euro preparation phase in 2023. Testing phases are expected to conclude by October 2025. The proposed CBDC would serve as a digital form of…