Author: NBTC

The Ethereum transaction count is rising amid Ether’s (ETH) push toward the $5,000 milestone. However, increased competition is eating into network revenue and user mindshare. Ethereum’s daily average transaction count is hovering near all-time highs, at over 1.7 million transactions recorded on Tuesday, according to Nansen. Ethereum’s daily transaction count hovering near all-time highs. Source: Nansen For comparison, Ethereum layer-2 networks, Arbitrum and Base, recorded over 3.4 million transactions and 8.6 million transactions, respectively, and Aptos, a competing layer-1 blockchain, hosted 3.8 million transactions on Monday, according to The Tie. Active addresses on Ethereum have also remained fairly flat, fluctuating…

GMXSOL, the Solana-based decentralized leveraged trading platform, has launched its first real-world asset perpetual contract for the exchange-traded fund that tracks the S&P 500. Summary Solana-based decentralized exchange protocol GMXSOL has launched a perpetual contract for the S&P 500 ETF. Chainlink will power the RWA perpetual contract, having recently unveiled the Chainlink Data Streams for U.S. equities and ETFs. Decentralized finance protocol GMXSOL, which is built on the Solana (SOL) blockchain, debuted the real-world assets perpetual contract market for the S&P 500 ETF on Friday, Aug. 8. The perpetual contract for the SPY/USD pair will be powered by Chainlink (LINK),…

WazirX, one of the largest crypto exchanges in India, has gained a majority vote of more than 95% for its latest restructuring proposal. It is now awaiting court approval. Summary WazirX’s latest restructuring plan received a 95.7% creditor vote, cleared by a Singapore court approval or refusal. The Indian exchange has been wrapped up in legal troubles ever since it suffered a $230 million hack in July 2024. In a recent release from WazirX, the crypto exchange has proposed yet another restructuring plan to the court for approval. On August 18, the restructuring plan received majority support from creditors, with…

On August 19, 2025, BNB Chain has revealed integration with Tychi Wallet, a multi-chain crypto wallet that is aimed at streamlining the payment of gas fees. This addition will enable the users to migrate to having a single balance of their BNB on opBNB that can be used to pay the gas fees on as many chains as necessary. The integration eliminates the numerous steps required to use disparate native tokens to make transactions, creating less friction, reducing operational costs and less complexity in the use of the blockchain ecosystem by individuals. Global Gas Protocol and Multi-Chain Web Performance The…

Meta is breaking up its AI Superintelligence Labs into four divisions focused on research, infrastructure, and product development, part of a broader effort to accelerate progress toward so-called superintelligence. Meta’s chief AI officer, Alexandr Wang, said in the memo that the Superintelligence Labs will be divided into smaller units focused on AI research, infrastructure, hardware, product integration, and the company’s long-term superintelligence goals. “Superintelligence is coming, and in order to take it seriously, we need to organize around the key areas that will be critical to reach it,” Wang wrote, according to an article on Bloomberg, which first reported the…

Bitlayer, a bitcoin DeFi infrastructure project, has partnered with Kamino Finance and Orca to bring its bitcoin-backed token, YBTC, to the Solana ecosystem.This integration is intended to combine Bitlayer’s security with Solana’s speed and scalability, aligning with Bitlayer’s goal of expanding the Bitcoin DeFi sector. It will provide bitcoin holders with native BTC exposure and yield opportunities, said Charlie Hu, co-founder of Bitlayer. “By combining Bitlayer’s security roots with Solana’s performance frontier through YBTC, we’re delivering what BTC holders demand: native Bitcoin exposure with yield opportunities. Kamino and Orca provide the essential liquidity rails to make this vision operational at…

After a long rally that took the Ethereum price from below $3,800 earlier this month to new multi-year highs, it is now holding steady above $4,750. The price is currently moving up in a well-defined channel, and during the day, it stays above both the VWAP and short-term EMA clusters. Bulls are now looking at the $4,870 resistance level, which is a key liquidity zone from past highs. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the 30-minute chart, ETH is following an upward-sloping channel. The lower bound is acting as dynamic support near $4,723, and the…

Robinhood has rolled out its AI-driven Digests feature in the UK, marking the company’s latest attempt to merge fintech, artificial intelligence (AI), and investing. The launch comes at a critical time for Robinhood, amidst surging crypto volumes, intensifying competition from on-chain platforms, and heightened regulatory pressure from traditional finance (TradFi). Robinhood’s AI Market Insights Hit the UK — Is Crypto Next? Digests, powered by Robinhood Cortex, aims to give investors plain-English explanations for why a stock is moving. The tool synthesizes breaking news, analyst reports, technical signals, and Robinhood’s proprietary data to generate concise insights directly within the app. For…

Para announced the launch of its new Stablecoin Infra Stack under the intense emphasis on the use of fintech. It provides compliance ready functionality and integrations across Ethereum, Solana and 100+ chains. White-label wallet infrastructure of Para enables fintechs to introduce user-friendly applications quickly. Aave Powers LiquidityLayer The Liquidity Layer provides access to 24/7 programmable stablecoin cash flows. Engineers have the opportunity to integrate Aave lending and borrowing streams, into the fintech applications. Such integration makes possible management tools such as competition automated vaults and treasury automation. The Aave DAO governs GHO, which guarantees transparency and community con trol. Stablecoin…

Velo, a popular DeFi entity, has officially integrated with OKX Wallet, a leading non-custodial crypto wallet provider. The main purpose of the collaboration is to permit users to seamlessly access VeloFinance DEX via the BNB Chain, stressing the efficiency, ease of connectivity, as well as security. As Velo revealed in its official social media announcement, the move aims to enhance consumer experience while broadening the worldwide presence of the platform. Hence, the integration signifies a key milestone in increasing the adoption and accessibility to facilitate DeFi enthusiasts. Velo is pleased to announce a strategic integration with OKX @wallet , one…