Author: NBTC

Four of the largest banks in the United States are building a shared network that will let corporate clients move tokenized deposits around the clock, seven days a week. The project, coordinated through The Clearing House, is targeting a first half 2027 launch. It is the clearest sign yet that Wall Street is no longer experimenting with blockchain. It is rebuilding the plumbing. The phrase “tokenize everything” has been a crypto industry talking point since at least 2018. For most of that time, the institutions that actually control global financial infrastructure treated it as a science project. Pilots were announced,…

Bitcoin holders appear unwilling to support dedicated Bitcoin-native DeFi at the scale needed to keep projects in the space alive. That is the tension behind Botanix Labs’ decision to wind down Botanix, a Bitcoin Layer 2 built to bring EVM-style applications, lending, borrowing and yield to $BTC holders. The wind-down is harder to dismiss than a routine token-cycle collapse. Botanix says it deliberately avoided a token, airdrops, points programs and the usual machinery used to manufacture early chain activity. Demand still fell short. Botanix said its first target wind-down date is July 1, followed by a two-week grace period through…

The U.K. plans to issue a digital sovereign bond by early 2027, becoming the first of the seven leading industrialized nations to place government debt on a distributed-ledger infrastructure. Chancellor Rachel Reeves announced the timeline in her annual Mansion House speech to industry leaders. The government plans further issuance after the initial sale. The Digital Gilt Instrument, known as DIGIT, will be a sterling-denominated government security issued on HSBC’s Orion platform and will operate inside the Bank of England and Financial Conduct Authority’s Digital Securities Sandbox. The Treasury announced the pilot in 2024 to test whether blockchain infrastructure could reduce…

Katherine Wu, chief operating officer of $ENS Labs, posted an executable draft Thursday of the proposal to establish an $ENS Foundation, dropping a plan to shift the DAO’s operational wallet to the new entity after weeks of delegate opposition to an earlier version of the plan. The draft, “[Draft] [Executable] Next Era of $ENS DAO: Empowering the $ENS Foundation,” keeps the DAO’s roughly 54.6 million $ENS tokens and its operational wallet, holding an estimated $16 million in ETH and stablecoins, under tokenholder control. The only $ENS token transaction in the proposal is a one-time transfer of 1 million $ENS, restricted…

An on-chain address believed to be connected to Wang Chun, co-founder of F2Pool—the world’s fourth-largest Bitcoin mining pool—has deposited a combined $6.93 million in Ethereum and Bitcoin to the Binance exchange. According to blockchain tracking service Onchain Lens, the address sent 3,440 $ETH, valued at approximately $6.7 million, and 3.51 Wrapped Bitcoin (WBTC), worth roughly $228,000, to Binance in recent transactions. On-chain activity and market implications Deposits of cryptocurrency to centralized exchanges are widely interpreted by market participants as a potential signal of selling intent. While not definitive—funds may also be moved for staking, collateral, or liquidity purposes—the pattern is…

Tether Evo, the Artificial Intelligence (AI) and neuroscience research initiative of Tether, has published three new peer-reviewed research papers on Brain-Computer Interfaces (BCIs). The core purpose of this advancement is to create a universal AI brain-computer interface that carefully decodes speech, vision, and music across different individuals. Two of the papers were designed by Tether Evo in collaboration with the University of Rome Tor Vergata (UniTOV). One model, many brains. 🧠Tether Evo just published 3 new peer-reviewed papers showing how a single BCI model can generalize across different people across 3 key areas:Speech: Translating neural data to text in minutesVision:…

TeraWulf shares have dropped more than 7% after New York ordered a one-year pause on new environmental permits for large-scale data centers. According to an executive order signed by New York Governor Kathy Hochul on Tuesday, the state will temporarily stop issuing new environmental permits for certain large data center projects while regulators prepare a statewide framework to assess their environmental impact. The order gives the Department of Public Service up to one year to complete a Generic Environmental Impact Statement, which will establish standards for future data center developments. The governor’s office said the review will examine electricity demand,…

UNUS SED ($LEO) has quietly secured its place among the world’s largest cryptocurrencies with a market capitalization of nearly $9 billion. This makes it the 11th-largest crypto asset. Yet, unlike Bitcoin, Ethereum, Solana, or XRP, $LEO rarely trends on social media or dominates headlines. Its quiet presence comes down to its unique purpose. Specifically, it was built as a utility token for the iFinex ecosystem, not as a retail-focused investment asset. Created to Solve an $850 Million Crisis $LEO was launched in 2019 after iFinex, the parent company of Bitfinex and closely associated with Tether, lost access to approximately $850…

The Indian government has taken a major step toward bringing more transparency to the reporting of digital asset transactions. As global countries have already implemented the OECD’s Crypto-Asset Reporting Framework (CARF), India has also introduced new crypto reporting guidelines for exchanges and other platforms. Under the CARF, these platforms are required to report transactions to the Income Tax Department. It is important to note that the latest crypto reporting guidelines do not include new tax policies. Instead, it is designed to improve tax transparency, in line with the OECD’s CARF. Via this global tax information system, India intends to report…

Binance, one of the world’s largest cryptocurrency exchanges, has seen its mobile application removed from the Google Play Store in certain European regions. The development, first reported by Cointelegraph, stems from the exchange’s inability to secure a license under the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. What Triggered the Removal? The delisting follows Binance’s withdrawal of its MiCA license application in Greece in late June. Under MiCA rules, crypto asset service providers must be licensed in at least one EU member state to operate across the bloc. Without an approved application, Binance cannot legally offer its services to…