Author: NBTC

BounceBit partners with Hashnote Labs to integrate USYC, enhancing CeDeFi infrastructure and real-world asset (RWA) integration with regulated yield solutions. The collaboration merges Western RWA innovation with Asian liquidity, providing institutional-grade compliance and seamless credit trading for financial efficiency. BounceBit has teamed up with Hashnote Labs, the company behind US Yield Coin (USYC), to bridge CeDeFi with real-world assets (RWA). By integrating USYC, BounceBit is making yield opportunities more accessible and transparent for its users. We’re building infrastructure for dual yield generation: Treasury-backed assets + basis trading strategies. Today we’re partnering with @Hashnote_Labs, a @circle company to integrate USYC, marking…

The Ethereum community has recently shown a significant support for a former researcher through a poll. As per Lookonchain, in Ethereum’s latest poll, the community has substantially favored Danny Ryan, a former researcher in the Ethereum ecosystem, to lead the Ethereum Foundation. The on-chain analytics provider disclosed this development on its official social media account. In an informal #Ethereum poll, 97% of 335 voters voted for former #Ethereum researcher Danny Ryan to become the next leader of the #EthereumFoundation.These wallets hold more than 51,198 $ETH($164M).https://t.co/a5yVSMIed8 pic.twitter.com/eOUfIFq9jN — Lookonchain (@lookonchain) January 30, 2025 Ethereum Community Supports Danny Ryan to Assume Lead…

Crypto market maker Wintermute’s Singaporean derivatives trading entity Wintermute Asia has introduced a contract for difference (CFD) linked to the GMCI USA Select Index, enabling traders to swiftly adapt to evolving market narratives, especially concerning the potential establishment of a strategic digital asset reserve. The index tracks the performance of the top crypto projects with a legal entity based in the U.S. based on their circulating supply. Payments-focused cryptocurrency XRP, Solana’s SOL and memecoin DOGE have the highest weight in the index, which also comprises of ADA, AVAX, LINK, UNI, HBAR, NEAR, LTC, and APT. The index is up over…

After Donald Trump introduced his meme coin, the decision sparked a flurry of commentary among cryptocurrency enthusiasts. Anthony Scaramucci, the head of Skybridge Capital, weighed in on the matter, asserting that the “Trump meme coin stuff is bad for the industry.” Trump’s Meme Coin Faces Backlash and Speculation of Collapse This weekend, incoming U.S. President Donald Trump unveiled a meme coin, though the project has not been met with universal approval. Numerous cryptocurrency advocates have voiced their disapproval, particularly due to the allocation of approximately 80% of the supply to insiders. Critics have gone so far as to label the…

The US Senate Banking Committee Republicans have officially dropped their lineup of witnesses for the Feb. 5 crypto-focused debanking hearing. The witnesses are Nathan McCauley (CEO of Anchorage Digital), Evan Hafer (founder and executive chairman of Black Rifle Coffee), and Stephen Gannon, an attorney and partner at DWT Law. Their combined testimonies are expected to unpack just how bad the debanking issue is—and whether there’s more to this story than banks just following the rules. The session is set to take place on Capitol Hill, and will dig deep into allegations that financial regulators have been strong-arming banks to cut…

Chainlink’s standard for verifiable data has officially launched on Scroll, a zero-knowledge-proof-powered scaling solution on Ethereum. The decentralized oracle platform announced the integratio on Jan. 29, noting Data Streams were now live on Scroll (SCR) mainnet. Chainlink (LINK) now provides developers on the zkEVM platform access to its low-latency market data. With Chainlink Data Streams live, developers on Scroll can leverage a solution that combines low latency and automated execution to build next-generation decentralized finance applications. These DeFi apps will benefit from features such as faster transaction settlement, lower fees, and advanced blockchain functionality. “Chainlink Data Streams enable Scroll developers…

In a significant develoment for the crypto landscape, BlackRock has launched its iShares Bitcoin ETF on Cboe Canada, offering investors a way to gain exposure to Bitcoin through their brokerage accounts. Cboe Canada Inc. has announced the launch of BlackRock Asset Management Canada Limited’s latest exchange-traded fund (ETF), the iShares Bitcoin ETF. The iShares Bitcoin ETF, now trading on Cboe Canada under the symbol IBIT, with U.S. dollar-denominated units trading under IBIT.U, marks a key step in expanding accessible crypto investment products in Canada. The ETF, traded under the symbols IBIT and IBIT.U, aims to track Bitcoin’s price performance, investing…

Ethereum (ETH) shows signs of a potential price surge, fueled by significant whale activity. Despite recent underperformance, whales accumulate ETH during the recent dip, a sign of strong bullish sentiment among major market players. According to a post on X (formerly Twitter) by well-known analyst Ali Martinez, whales scooped up a massive 100,000 ETH during the market dip when investors saw ETH drop to the support at $2,900. As the support level holds strong, market analysts make bullish predictions for the cryptocurrency. Yet another crypto analyst on X, Ted, stated that in the short term, ETH could climb as high…

Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many countries, CBDCs just don’t offer enough to make the switch from familiar payment methods, as state-backed digital currencies struggle with a lack of user incentives, privacy concerns, and technological challenges. Blandina Szalay, banking and payments analyst at GlobalData, says the “very limited uptake of CBDC in countries where it fully launched — in the Bahamas, Jamaica, the Eastern Caribbean Currency…

Solana’s SOL token erupted this weekend after the release of a meme coin tied to self-proclaimed ‘crypto president’ Donald Trump. According to data by Coingecko, SOL has increased by more than 16% in the past twenty-four hours, even as Ether plunged by 7%. Earlier, Solana’s gains had hit an intraday high of nearly 23%, making it the most profitable day for the token since this year started. Meme coin mania ignites Solana’s rocket Late Friday night, Trump announced on Truth Social that he was launching a meme coin called Official Trump (TRUMP) on the Solana blockchain and that instantly shook…