Author: NBTC

$USDC.e and WETH have officially launched on Neo X via Chainlink’s CCIP, as reported by @WuBlockchain. This integration aims to enhance access to stablecoin and ETH liquidity, crucial for decentralized finance (DeFi) applications and trading. As users can bridge $USDC from Ethereum to Neo X, this move may significantly impact liquidity dynamics in the broader market. The Latest The crypto market just witnessed a significant development with the launch of $USDC.e and WETH on Neo X, a sidechain designed to support Ethereum-compatible applications. This integration enables users to facilitate token transfers between Ethereum and Neo X, opening avenues for increased…

A research paper published this week quantifies what happens when bank deposits move at blockchain speed. The number is large enough to reshape how banks fund the economy, and the crypto industry is building the pipes without acknowledging the consequences. The crypto industry has spent two years building infrastructure to put bank deposits on chain. The banking industry has spent two years worrying about what happens when it works. A new research paper puts a number on the worry, and the number is large enough that both sides should be paying closer attention. How bank lending actually works This section…

An anonymous wallet identified as an early Ethereum investor has spent approximately $9.1 million over the past two months to acquire 3.91 million $LIT tokens, according to blockchain tracking firm Lookonchain. The purchases were executed at an average price of $2.33 per token, with the whale continuing to add to its position in recent days. Details of the Accumulation Lookonchain’s on-chain data reveals that the address, which holds a significant Ethereum position from early participation in the network, has been steadily accumulating $LIT since mid-December. The buying activity has been spread across multiple transactions, indicating a deliberate accumulation strategy rather…

India’s Parliamentary Standing Committee on Finance has scheduled a critical hearing for September 16, 2026, where it will question the Department of Economic Affairs (DEA) on the future regulatory roadmap for Virtual Digital Assets (VDAs). This hearing follows a series of consultations, including testimonies from the Reserve Bank of India (RBI) and the Institute of Chartered Accountants of India (ICAI), adding to Parliament’s ongoing VDA study. Parliament’s Finance Committee Reviews India’s Crypto Framework Again The Standing Committee on Finance in India is revisiting the policy of the country towards VDAs. The Ministry of Finance Department of Economic Affairs representatives are…

South Korea’s five largest won-based cryptocurrency exchanges have collectively listed more than 1,200 altcoins over the past three years, but have also delisted hundreds of them, raising concerns about growing investor losses, according to a new report from Hankyung Business. The data, submitted by lawmaker Park Sung-hoon of the ruling People Power Party to the National Policy Committee, shows that Upbit, Bithumb, Coinone, Korbit, and GOPAX newly listed a combined 1,236 altcoins from 2022 through the end of July this year. Over the same period, they ended trading support for 430 altcoins. Delisting ratios vary sharply across exchanges The delisting…

Two notable figures in the crypto space have pushed back against a wave of commentary declaring Robinhood Chain a failure. They say that a drop in the network’s fee revenue is not a sign of fading demand. They said it reflects a deliberate cut to trading costs. Why the revenue chart turned down Robinhood raised the gas limit on its network and lowered the fees users pay, and chain revenue fell sharply as a result. Daily DeFi volume, though, held up. Haseeb Qureshi, managing partner at Dragonfly, confirmed this is an X post where he shared a chart that showed…

While past patterns are never a guarantee of future performance, volatility metrics are widely known to be mean-reverting. This cyclical nature suggests that periods of below-average volatility are often followed by higher turbulence, while above-average volatility paves the way for market stability. Currently, the index is trading below both its 30-day and 200-day simple moving averages. In essence, volatility is relatively “cheap” and sitting at a historically reliable support zone, suggesting the measure could be set to rise, which means another round of turbulence. For now, bitcoin continues to trade just above $64,000, maintaining the range-bound price action that has…

Aave has recorded $27.4 billion in average total value locked during August as active loans climbed to $11.7 billion and its share of tracked on-chain lending reached 47.8%. Token Terminal’sAugust 2026 Aave report showed TVL rising 13.7% from July, while active loans increased 12.9%. Both metrics advanced for a second straight month and reached their highest monthly averages since April. The figures remain well below year-earlier levels, with TVL down 57.6% and active loans down 56.9% year over year. The same report put August fees at $33.9 million, up 15.2% month over month, while DAO revenue rose 9.2% to $4.9…

Sberbank, Russia’s largest financial institution, is preparing to launch a lending product that will recognize Bitcoin ($BTC), Ethereum ($ETH), and Tether ($USDT) as eligible collateral. The move aligns with new regulations from the Central Bank of Russia that take effect on September 1, according to a report by Crypto Briefing. Regulatory Shift Enables Crypto-Backed Lending The upcoming regulatory framework marks a significant shift in Russia’s approach to digital assets. Previously, the use of cryptocurrencies in lending was largely unaddressed or restricted. The new rules provide a legal basis for banks to accept digital currencies as collateral, opening a path for…

Wyoming has disclosed an indirect investment in $HYPE through Hyperliquid Strategies ($PURR) in its second-quarter 13F filing, adding another digital asset-linked position to the state’s crypto-related portfolio. According to Blockworks analyst Shaunda Devens, Wyoming’s second-quarter 13F filing shows the state gained indirect exposure to Hyperliquid’s $HYPE token through an investment in Hyperliquid Strategies ($PURR). Devens shared the filing on X, describing it as Wyoming’s latest indirect crypto investment disclosed through its public securities holdings. The State of Wyoming just disclosed that it made an indirect investment in $HYPE through Hyperliquid Strategies ($PURR) in its Q2 13F filing. pic.twitter.com/eep8NJ7hCM — shaunda…