Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Ethereum crossed a new threshold in execution capacity as its mainnet block gas limit reached 60 million, the highest level the network has seen in four years. Data tracker Gas Limit Pics showed that in November, over 513,000 validators signaled a 60 million gas limit, pushing the Ethereum network over the threshold needed for the protocol to begin drifting the gas limit upward. A higher gas limit allows Ethereum to fit more work into each block, including swaps, token transfers and smart contract calls. In practice, that can ease congestion during busy periods and help the network process more activity…
High-performance computing firm IREN (IREN) stock slipped 6% on Tuesday post-market after announcing a $875 million convertible debt offering. The offering may increase to $1 billion if initial purchasers take up an option to buy an additional $125 million, the press release said. The notes will be unsecured and give holders the right to convert into IREN shares or cash under certain conditions, with maturity set for July 2031. The firm said proceeds will fund general operations and capped call transactions, which are intended to reduce potential share dilution if the notes convert into equity. These capped calls are also…
TL;DR Daily spot trading volume has fallen from $100 billion to $65 billion, reflecting investor caution. Binance recorded an all-time high of $51.1 billion in combined USDT and USDC reserves. BTC and ETH inflows to exchanges reached $40 billion, indicating intense selling pressure. In recent weeks, trading activity in the cryptocurrency market has experienced a notable slowdown, coinciding with the deepening of the overall market correction. Recent data from CryptoQuant confirms a substantial reduction in participation and a growing cautious stance among investors. Daily spot trading volume, which was nearing $100 billion at the beginning of November, plummeted to approximately…
On November 25, Sergey Nazarov, co-founder of Chainlink, stated that decentralized finance (DeFi) has already reached 30% of its way to widespread acceptance and may be fully adopted globally by 2030. Nazarov claimed that the main factors pushing DeFi into the mainstream will be more transparent regulations, institutional involvement, and U.S. policy leadership. He added that DeFi, which is peer-to-peer financial services based on blockchain networks, could achieve 50% global adoption if more precise regulations and laws can demonstrate its dependability. Michael Egorov, the inventor of Curve Finance, had a similar view. He stated that legal and regulatory uncertainty, along…
The Bank of England (BOE) appears to be softening its stance on proposed limits to corporate stablecoin holdings, with plans to introduce exemptions for certain firms that may need to maintain larger reserves of fiat-pegged assets, according to a Bloomberg report published Tuesday. Citing people familiar with the discussions, Bloomberg reported that the BOE’s reconsideration comes amid intense industry backlash and growing international competition, particularly from the United States, which is moving toward clearer regulation through the GENIUS Act, which was signed into law in July. The BOE had initially proposed caps on stablecoin holdings — 20,000 pounds (about $27,000)…
Key Highlights: Deribit and Zodia Custody offer fully automated settlement for crypto derivatives trades through the interchange Network. The system uses delivery versus payment (DvP) to cut settlement risk and makes sure that assets move only when all the conditions are fulfilled. Institutional users keep full custody of their assets while trading at scale, improving safety, speed and efficiency. Deribit announced today, November 26, 2025, through social media platform X, that Deribit along with Zodia Custody have upgraded their partnership to make settlement of crypto derivatives trades fully automatic. Earlier, settlements required manual coordination between both sides, which took time…
The decentralized finance (DeFi) sector has shed $55 billion in total value locked (TVL) since the beginning of October, falling to $123 billion from $178 billion, a statistic that at first glance may alarm yield seekers and traders. But the sharp drop is far less ominous than it appears. DeFi’s headline figure represents a 30.9% decline, a pullback that might suggest waning participation or a cooling market. Yet the size of the drop is actually smaller than the broader market’s slump over the same period. Ether ETH$3,022.66, the primary asset in DeFi, has fallen 38%, while major governance tokens such…
GraniteShares is planning to offer some risky bets, proposing 3X Leveraged ETFs based on XRP, Solana, Ethereum, and Bitcoin. The firm will issue short and long positions for all these products. XRP in particular has already demonstrated a healthy market for this sort of trading. However, the current crop of offerings largely centers on 2X returns, while GraniteShares hopes to make things even riskier. 3X Leveraged ETFs May Launch Soon The crypto ETF market is already in a bullish moment right now, with massive profits and huge new token acquisitions. Recently, regulatory breakthroughs happened with altcoin ETFs, although the government…
Layer 1 blockchain Hyperliquid’s decentralized exchange (DEX) features a permissionless auction feature for teams to acquire their desired tickers, but the Pixelmon team, which purchased MON on Hyperliquid for $500,000, has been hung out to dry after its front-end ticker was displaced by Monad’s MON token. One user, known as Akku, pointed out the issue earlier today, calling Hyperliquid’s decision to cast Pixelmon’s MON aside “extremely disappointing.” On Hyperliquid, Pixelmon’s MON has been changed to “MONPRO,” while Monad’s is the default MON token, which was deployed by Hyperliquid’s leading tokenization layer, Unit. When viewed via a block explorer, Pixelmon’s MON…
Yearn, a DeFi stalwart offering set-and-forget yield vaults, has announced an incident involving its yUSND vault on the Arbitrum network. The disclosure comes from pseudonymous Yearn contributor johnnyonline who explains that “insufficient USND liquidity” led to “severe slippage” in swapping liquidation rewards, one of the strategy’s yield sources. The incident was confined to the vault’s rETH Stability Pool Strategy, to which 28% of its assets are allocated. Losses were relatively small, especially by DeFi’s standards, at just over $25,000 in USND. This represents a “5.2% drawdown for yUSND depositors.” The post reassures users that Yearn has fully covered losses to…