Author: NBTC

Pi Network has officially launched its DeFi testnet. It is introducing DEX and AMM functionalities within the Pi Wallet. The update marks a major step in expanding the network’s ecosystem. It enables users known as Pioneers to experience DeFi tools firsthand in a safe, testnet environment. https://twitter.com/fen_leng/status/1977980200593109389 According to the Pi Network community post, this release represents a “structured, utility-focused, and Web3-aligned” phase in the project’s development. It allows users to explore decentralized exchanges and liquidity provision without real-world risks. While strengthening Pi’s technical base and community participation. Bringing DeFi to the Pi Ecosystem The new DeFi testnet gives Pi…

Anchorage Digital Bank is ramping up hiring as it prepares to more than double its stablecoin unit. The federally chartered crypto-native bank plans to expand its current 20-person stablecoin team over the next 12 months as demand for crypto dollars explodes in the U.S., and as new federal legislation clears the way for larger stablecoin operations. Anchorage’s CEO, Nathan McCauley, confirmed the hiring in an interview, tying it directly to new regulations and Anchorage’s role in a major new stablecoin launch with Tether. Nathan said Anchorage’s license, granted by the federal government, allows it to issue large-scale stablecoins in the…

Rumors that Binance founder and former CEO Changpeng Zhao (CZ) may be pardoned are growing stronger in Washington. Talks have accelerated within the Trump administration regarding a possible presidential pardon for Zhao. Zhao, considered one of the most influential figures in the cryptocurrency world, pleaded guilty to money laundering in 2023 as part of a plea deal with the US Department of Justice, and Binance agreed to pay a total of $4.3 billion in fines. Zhao personally paid a $50 million fine and resigned from his CEO position, before receiving a four-month prison sentence. Zhao began his sentence in April…

Binance and founder Changpeng Zhao (CZ) are pushing toward rewriting the meme coin playbook. Following days of cryptic posts and speculation, the world’s largest crypto exchange has unveiled “Meme Rush.” Meme Rush is a Binance Wallet-exclusive meme ecosystem designed to merge community speculation with structured market mechanics. It also offers early access to future Alpha listings. How CZ Is Turning Binance Wallet into a Meme Coin Powerhouse It began with a teaser from Binance Co-founder Yi He, who hinted at the new product, expected to be a big deal. 大的要来了。New products are coming soon. — Yi He (@heyibinance) October 9,…

Cake Wallet, a mobile cryptocurrency app with a strong privacy focus, has recently announced the integration of xStocks to its supported tokens, to be released on the next update. The xStocks technology allows users throughout the world to get exposure to world-class equities like Google, Amazon, and Nvidia, in a familiar crypto format, minimizing the low privacy and high-friction user experience common to traditional finance.“With Cake Wallet, anyone can be their own bank and their own brokerage, saving and investing from the same decentralized ecosystem,” said Vikrant Sharma, CEO of Cake Labs. Alex J., Chief Product Officer (CPO) at LetsExchange,…

DeFi protocols and perpetual DEXs survived the biggest liquidation events on October 10-11 with flying colors. This time, DeFi benefitted from fees and managed to control its liquidations. DeFi and perp DEXs performed better following the October 10-11 market shakedown. The DeFi space, including perpetual DEXs, still saw liquidations, but showed it was much more stable compared to the 2022 crash. As Cryptopolitan reported, crypto faced $19B in liquidations, the worst event since the crash of FTX. However, this time around, DeFi showed relatively limited crisis effects. This time around, DeFi has more reliable collaterals, including those based on tokenized…

The Trump administration is reportedly “leaning toward a pardon” for Binance co-founder Changpeng “CZ” Zhao, who pleaded guilty to money laundering charges in 2024 and spent four months in prison. According to New York Post columnist and Fox correspondent Charles Gasparino, sources close to Zhao said that Trump insiders believe the case against CZ was “pretty weak, and certainly not something that merited a felony charge and jail time.” “Trump… is leaning toward a pardon (consider the source), which could set the stage for CZ’s return to the crypto exchange since he remains Binance’s largest shareholder,” he said, citing people…

Meme cryptocurrencies, despite being an established segment of the crypto market, still have that sense of gambling and pure speculation in the eyes of many traders and investors. While their total capitalization amounts to over $70 billion, according to CoinMarketCap, they rarely feature in the conversation of notable crypto figures, and that is primarily why a recent post from Coinbase CEO Brian Armstrong caught attention. Thus, Jesse Pollak, known as the key developer behind the Base blockchain, an EVM ledger created with the backing of the leading U.S. crypto exchange, recently revealed that every meme coin of the “blue blockchain”…

Vaulta is extending its infrastructure stack with Omnitrove, a treasury management solution that integrates directly with its ecosystem, offering native connectivity and utility for its native token. Summary Vaulta announced Omnitrove, a treasury platform set to launch in early 2026, integrating 25+ blockchains, exchanges, and banks into one system. The platform aims to modernize institutional treasury management with AI-driven forecasting, multi-party controls, and enterprise-grade compliance. Omnitrove expands Vaulta’s Web3 Banking OS, enhancing interoperability between crypto and traditional finance systems. According to a press release shared with crypto.news on Oct. 14, the Vaulta Foundation will launch Omnitrove, a new treasury management…

Pendle partners with four decentralized finance innovators to automate and simplify yield strategies. The alliance introduces Agentic DeFi – a user-centric approach to earn in the new finance space. The tokenization platform continues to transform how investors leverage decentralized income channels. Pendle, known for the trading and tokenization of future yield, has made a bold step toward making advanced yield strategies accessible to all users on its platform. The protocol confirmed the arrival of Agentic DeFi today (October 14), marking a shift in how individuals can access and benefit from innovative yield strategies. Agentic DeFi has arrived on Pendle. Together,…