Author: NBTC

Crypto custody firm BitGo has unveiled plans to go public in the United States after reporting a sharp surge in revenue. The company’s initial public offering (IPO) filing highlights that its revenue nearly quadrupled in the first half of 2025, underscoring the accelerating growth of the digital asset sector. According to its filing with the U.S. Securities and Exchange Commission, BitGo generated $4.19 billion in revenue for the six months ending June 30, 2025, up from $1.12 billion during the same period a year earlier. However, profit went the other way, with net income declining to $12.6 million, compared with…

Bybit, the world’s second-largest crypto exchange, is about to ax 15 perpetual contracts in one of its biggest delistings of this year. Starting from Oct. 21, ByBit users will see the removal of BDXN, NODE, AGT, FIS, SKATE, FHE, GORK, TANSSI, TOKEN, OSMO, SCAU, DMC, MAJOR, FRAG and SWELL against USDT, phased out in three windows. The tickets on the list may look random, but digging deeper at their market profiles shows a common thread: most of them are low liquidity, small-cap assets that have struggled to keep any meaningful derivatives activity alive. Osmosis (OSMO) and StaFi (FIS) once carried…

Qitmeer Network, a renowned L1 blockchain ecosystem, has partnered with Salvo, a prominent Web3-based GameFi platform. The partnership is poised to integrate the cutting-edge blockchain infrastructure into the multi-chain gaming ecosystem of Salvo. As disclosed in Qitmeer Network’s official X announcement, the collaboration denotes a huge step toward broadening blockchain-based entertainment. Eventually, the move is set to innovate decentralized gaming and expand Web3 adoption in the mainstream via seamless interoperability. We are proud to announce that we have partnered with @_salvo_official 📣What is Salvo? 🙌Salvo is a next-generation Web3 gaming platform supporting high-quality games across multiple blockchains. ⚡Stay tuned for…

In a recent tweet, Venture partner at ChainValley Capital and Former Google Head of Mobile Alvin Foo issues a trillion-dollar prediction for the second largest cryptocurrency by market capitalization, Ethereum (ETH). This comes as tokenized gold on the Ethereum network rose 100% since the start of 2025. Foo noted that tokenized gold on the Ethereum network has surpassed $2.7 billion, doubling since the start of 2025. “This is just gold,” Foo stated, adding, “Imagine what happens when real-world assets (RWA) like real estate, treasuries, and commodities fully move on-chain.” Ethereum’s tokenized gold rising 100% since the start of the year…

Key Takeaways BlackRock bought $390 million worth of Bitcoin and Ethereum, strengthening its position as a major institutional crypto holder. The firm’s crypto portfolio has rapidly expanded following the introduction of Bitcoin ETFs in 2024. BlackRock, a major American investment management corporation overseeing trillions in assets, purchased $390 million in Bitcoin and Ethereum on Friday, continuing its aggressive expansion into digital assets. The latest acquisition adds to BlackRock’s substantial crypto holdings, which have grown rapidly since the firm began offering cryptocurrency ETFs. The investment management giant now holds nearly 765,000 BTC following the approval of spot Bitcoin ETFs in early…

Though the U.S. government remains shut down, the Senate is a hive of crypto activity this week, with Republican lawmakers now matching a planned Democrat meeting with industry leaders set for Wednesday. After CEOs such as Coinbase’s Brian Armstrong and Chainlink’s Sergey Nazarov meet with as many as 10 Democratic senators, according to people familiar with the plans, they’ll jump to a similar meeting with those lawmakers’ Republican counterparts. The chief topic of conversation is the crypto industry’s top policy priority: the legislation that would establish U.S. regulation for the broader crypto sector. The bill — known in the already-approved…

HTX announced the launch of its “Sail Together” initiative, distributing $100 million in USDT to traders affected by the October 11 market downturn that triggered liquidations exceeding $19 billion across crypto markets. The compensation program, running through November 15, targets users who sustained verified losses during the sharp price decline and aims to address the impact on the exchange’s global user base. Market Context and Broader Implications The program establishes eligibility criteria for participating traders. Users who sustained verified losses of at least $100 between October 9 and 11, 2025, qualify to claim compensation. These losses must stem from futures…

Ondo Finance has partnered with Blockchain.com to issue tokenized stocks and ETFs in the United States on its platform. It is a significant move towards integrating blockchain and regular finance. Regulated financial assets are now available in tokenized form for people around the world. Users will be able to purchase, retain, and copy-trade real stocks and ETFs across borders in a secure way. Bullish AF on tokenization 🫡For the first time, tokenized U.S. stocks and ETFs are available directly through https://t.co/0DZyULavbV, powered by our partnership with Ondo Finance. In our latest episode of Blockchain Bylines, @OndoFinance’s Ian de Bode joins…

Ethereum was up 0.5% in the past day even as exchange-traded funds tracking ETH continued to shed assets amid investor nervousness about inflation and other macroeconomic uncertainties. The second largest crypto by market value was recently changing hands for $3,973. ETH is now 2.3% higher than it was this time last week but trading 9.5% below its price as of a month ago, according to crypto markets aggregator CoinGecko. Ethereum ETFs shed $145 million on Monday, after losing $311 million last week. However, Bitcoin funds have been faster to rebound from last week, when outflows totaled $1.2 billion, according to…

Changpeng Zhao, the former chief executive officer of cryptocurrency exchange Binance, recently made a pessimistic observation about France, claiming that the European Union’s second-largest economy has gone “downhill” over the last several years. Zhao has pointed to a wave of cryptocurrency kidnappings that have occurred in France over the past several years, as well as the controversial arrest of Telegram CEO Pavel Durov that took place last August. That said, Zhao hopes that things will get better for one of the leading EU countries. It is also worth noting that France also launched a probe into Binance in early 2025,…