Author: NBTC

Eager gamers keen to get their hands on the latest crypto gaming handheld from Mysten Labs are being greeted with unexpected import duties, potentially amounting to hundreds of dollars. Early buyers of the SuiPlay0X1 are staring down the consequences of President Donald Trump’s “reciprocal tariffs” on global partners as the White House’s trade policy begins to bite. Mysten Labs has confirmed to Decrypt that it is holding the next shipment of devices as it attempts to triage complaints from buyers and get a better handle on expected fees. The SuiPlay0X1 is a handheld gaming PC akin to Valve’s popular Steam…

Gemini secures Malta MiCA license, gaining approval to operate across 30 European countries. Malta becomes Gemini’s European hub, supporting regulated growth, innovation, and customer protection efforts. Head of Europe Mark Jennings says MiCA could shape global crypto regulatory frameworks. Gemini also files for Nasdaq listing under ticker GEMI, expanding global financial presence. Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has taken another big step in Europe. The company has now secured a Markets in Crypto-Assets Regulation (MiCA) license in Malta, a move that strengthens its position as one of the most regulated players in the industry. Gemini…

Skeptics of Ethereum’s rollup-centric roadmap have speculated that layer-2 networks might eventually peel away from the ecosystem. The concern was that rollup teams would grow tired of paying Ethereum’s data availability fees and break off into sovereign layer-1 chains with their own validators. But so far, that hasn’t happened. Instead, the gravitational pull has flowed the other way: independent layer-1s are re-architecting themselves as Ethereum L2s. Celo and Lisk are two prominent examples. Celo launched in 2020 aiming to build a mobile-first, payments-centric L1 with its own stablecoins and identity layer. Lisk’s origins go back even further to 2016, when…

Bernstein analysts believe Coinbase is in a great spot to benefit from Ethereum’s recent price surge and the start of a new altcoin season. As Ethereum hits its highest levels in years, more people are trading and staking on Coinbase — which could mean a big boost in volume and revenue soon. Ethereum’s Rise is Driving More Trading Ethereum, the second-largest cryptocurrency, has been gaining steam lately. Its price is climbing to heights not seen in years. This naturally draws in investors eager to jump into the market. Coinbase, which supports a wide range of tokens, is ready to welcome…

In a significant development for the global cryptocurrency landscape, NHN KCP, a prominent subsidiary of South Korean tech powerhouse NHN, has taken a decisive step towards launching a new USD-pegged stablecoin. This move signals a growing interest in bridging traditional finance with digital assets, especially from established tech companies. It is certainly a moment that captures the attention of anyone keen on the evolution of digital currencies. What is a USD-Pegged Stablecoin and Why Does it Matter? A USD-pegged stablecoin is a type of cryptocurrency designed to maintain a stable value relative to the U.S. dollar. Unlike volatile cryptocurrencies such…

For a long time, perpetual trading in the crypto world was dominated by big-name centralized exchange platforms such as Binance, Bybit, OKX and MEXC, for these platforms were widely perceived to have significant advantages over their decentralized counterparts. CEX platforms are ideal for perps trading because they’re able to tap into vast liquidity and process transactions extremely rapidly, while offering a user-friendly interface. They also combine extremely high leverage with more advanced order types. However, such features are no longer exclusive to CEX platforms, with a flood of new announcements and integrations this year demonstrating that decentralized exchanges are fast…

The crypto-focused investment arm of venture capital firm Andreessen Horowitz argues that modern cryptographic techniques, such as zero-knowledge proofs, can protect user privacy but still allow law enforcement to crack down on bad actors. In a report on Tuesday, a16z Crypto policy partner Aiden Slaven and regulatory counsel David Sverdlov said that ZK-proofs, which verify the authenticity of data without disclosing any detailed private information, have the “greatest potential” by showing the origin of funds, but without publicly revealing private information. Their report comes only two weeks after Roman Storm, the co-founder of the crypto mixing service Tornado Cash, which…

Key takeaways ETH maintains its price above $4,300 and could rally higher soon. The cryptocurrency is gaining rapid institutional adoption. ETH stays above $4,200 as BTC, XRP falter The cryptocurrency market began the new week bearish, with Bitcoin, XRP, and other major cryptocurrencies currently in the red. BTC has dropped below $119k while XRP is defending the $3 support level. However, ETH, the native coin of the Ethereum blockchain, hasn’t given up its recent gains. Ether is up by less than 1% in the last 24 hours and currently trades around $4,303 per coin. The positive performance comes amid strong…

Inveniam Capital Partners and MANTRA have announced a strategic partnership to support the growth of RWA tokenization, with a focus on the UAE and the United States. Inveniam, which provides decentralized data infrastructure for private assets, will invest $20 million in MANTRA, a layer-1 blockchain designed for RWA tokenization. The partnership aims to bring private market assets onchain with full data visibility and monitoring. This will allow institutional investors to access these assets through DeFi using smart financial tools. Inveniam’s data and AI systems will be integrated into MANTRA’s blockchain to support private RWA solutions for asset owners and institutional…

Kraken has become the first major crypto exchange to fully adopt Distributed Validator Technology (DVT) across its Ethereum staking infrastructure, using the open-source SSV Network protocol. The move marks a major shift towards a more decentralized validator architecture for Ethereum. “Following the successful transition, essentially all of Kraken’s ETH staking infrastructure runs on distributed validator clusters, rather than single-machine validators,” a Kraken spokesperson told Blockworks. DVT decentralizes validator operations by splitting responsibilities across multiple independent nodes that cooperate to perform attestations and block proposals. Kraken said each validator is now operated by “a cluster of typically four independent nodes,” with…