Author: NBTC

Phoenix, a crypto analytical platform, has released the list of the top 10 best-performing decentralized exchanges (DEXs) for the last month. In the given list, Uniswap stands at the first position with $3.92B total volume locked (TVL), with Coins/Pairs figure of 6985/16,878, and holding a huge volume of $13.14B by the last 7D. Furthermore, this exchange has 5.50M active users, over the last 30 days, with a collective volume of $79.97B over the last 30 days. TOP DEXES BY VOLUME IN THE LAST MONTH#Uniswap – $79.97B#PancakeSwap – $70.56B#Meteora – $19.05B#Aerodrome – $16.91B#Raydium – $15.80B#Orca – $14.33B#Curve – $13.91B#Hyperliquid – $8.07B#PumpSwap…

The Bitcoin mining industry has entered what may be its most severe economic downturn in its 15-year history, with even large publicly traded operators struggling to break even amid collapsing mining revenue and rising debt, according to TheMinerMag. In its latest report, TheMinerMag said miners are operating in the “harshest margin environment of all time,” as hashprice — the revenue earned per unit of computing power — has fallen from an average of about $55 per petahash per second (PH/s) in the third quarter to roughly $35 PH/s, a level the publication characterized as a structural low rather than a…

Gleec has acquired the entire Komodo Platform ecosystem in a $23.5 million deal, bringing one of crypto’s earliest atomic-swap and cross-chain technology stacks under the umbrella of a licensed financial services provider, the digital asset platform said in a press release on Monday. The purchase includes Komodo’s brand, tech suite, token infrastructure and core developers, giving Gleec full ownership of a system that already powered parts of its decentralized exchange (DEX) and enabling faster integration with products such as its crypto debit card, virtual IBANs and fiat on- and off-ramps. Gleec also plans to offer white-label DEX and blockchain services…

Huione Pay shuts down after massive withdrawals, leaving worried users unable to access their money. Users face tough choice: wait 18 months for full repayment, or reduced monthly withdrawals. U.S. sanctions triggered bank-run panic, forcing Huione Pay to delay customer fund repayments. Huione Pay, the world’s largest money laundering network in Cambodia, has stunned the users after pausing operations and delaying repayments until January 5, 2026, after a sudden bank run. The surprise announcement triggered panic, long queues, and growing fears among thousands of users who rushed to withdraw their money before the shutdown. Huione Pay Halts Services Until January…

Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the industry seeks sustainable ways to meet its power demands. In conjunction with green-power developer SynVista Energy, Canaan plans to create a mining rig that uses an artificial intelligence-powered scheduling engine to synchronize energy supply with dynamic hash-rate demand, the miner announced on Monday. The goal is to maximize the utilization of clean energy without compromising grid stability, according to Canaan. Canaan said the scheme will advance “green mining from isolated pilots to an…

Risk “curator” Re7 Labs has sent a cease and desist letter to a “whistleblower,” via its legal representative Pillsbury Winthrop Shaw Pittman LLP. The letter comes in response to accusations that Re7 Labs failed in its responsibility for managing risk in certain vaults. Depositors to these vaults were exposed to last month’s Stream Finance collapse and the subsequent domino-effect that hit similar projects. The allegations refer to Re7 Labs’ actions before, during, and after the collapse. The “whistleblower” contacted Protos Leaks on behalf of a group of affected depositors who claim to have lost money lending into Re7 Labs’ tether…

Tokenization is poised to open a vast new financial market in the Philippines, with fresh analysis pointing to a multibillion-dollar opportunity driven by rapid retail adoption and expanding blockchain access. Report Sees Philippines’ $60B Tokenized Market as Entry Point With Upside Philippine Digital Asset Exchange (PDAX), Saison Capital, and Onigiri Capital released a report projecting that tokenization could unlock a $60 billion market in the Philippines by 2030. The report anticipates rapid retail adoption as blockchain wallets and mobile platforms reshape access to bonds, mutual funds, and equities. PDAX stated on Nov. 27 on social media platform X: “We are…

YPF, the Argentine oil company, has announced that it will implement a system allowing customers to pay for gas with crypto. With this move, YPF becomes one of the few companies adopting this payment strategy in Latam. YPF To Implement System Allowing Customers to Make Cryptocurrency Payments The Facts YPF, an oil and oil derivatives company owned 51% by the Argentine state, has opened the doors to receive cryptocurrency payments for its products and services. According to local reports, the company will implement a system that allows customers to pay at the pump using several cryptocurrencies, utilizing a third-party exchange…

In early December, a long-dormant Bitcoin miner wallet from the Satoshi Nakamoto era suddenly became active after more than 15 years. This event happened as Bitcoin’s price began the month by falling below $90,000. This movement occurred during a particularly challenging period in Bitcoin mining history for miners. Satoshi-Era Miner Wallet Activates as Miners Sell Over 300,000 BTC in Two Years On-chain tracker Lookonchain reported that a miner wallet awakened after 15.7 years of inactivity. This early-era wallet transferred 50 BTC, worth approximately $4.33 million, to an external address. A miner wallet woke up after being dormant for 15.7 years…

SushiSwap’s longtime leader, Jared Grey, is stepping down after more than three years as Head Chef and Managing Director, he revealed on Monday, Dec. 1. Sushi, a decentralized exchange (DEX) and a decentralized finance (DeFi) protocol built on Ethereum, currently boasts a total value locked of $106.5 million, down significantly from its all-time high of over $9 billion in November 2021, according to data from DeFiLlama. Grey called his time at Sushi “exhilarating” in a post on X. He said that while he’s stepping down from his leadership role, he will remain involved as an advisor moving forward. This move…