Author: NBTC

Polymarket helped revive the Polygon L2 chain, becoming the top app in the past month. The prediction site is still using the legacy L2 chain, showcasing the potential for integrating the technology. Polymarket remained the top app on Polygon, one of the oldest L2 chains to scale Ethereum. Polygon’s activity based on daily active wallets has returned close to the levels of November 2024, this time based on the more sustainable growth of Polymarket. Polygon increased its daily active wallet count back to levels from late 2024, boosted by a mix of high-volume apps, payments, and the ongoing success of…

SharpLink — the first publicly listed company to use Ethereum (ETH) as its primary reserve asset — is drawing attention after moving ETH to an OTC exchange. The transfer comes as ETH has dropped more than 20% in November. The move has triggered speculation that SharpLink may be selling to cut losses or restructuring its portfolio. SharpLink Faces Record Unrealized Losses According to Onchain Lens, using data from Arkham, a wallet linked to SharpLink transferred 5,442 ETH — worth approximately $17.02 million — to Galaxy Digital, a major digital asset management platform. A wallet linked to SharpLink (@SharpLink) deposited 5,442…

Dubai has unveiled an ambitious reform plan for its financial sector, setting its sights on becoming one of the world’s top three financial centers. The initiative, called the Dubai Financial Industry Strategy, outlines a roadmap for strengthening the emirate’s economy through innovation, regulation, and digital transformation. Virtual Assets, Capital Markets, and FinTech as Core Pillars As per a statement, the plan has identified virtual assets, capital markets, and financial technology as the key pillars driving future growth. The shift represents Dubai’s intention to double the financial sector’s contribution to GDP over the next decade. Under this framework, Dubai plans to…

The leading Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, which is based in China, is reportedly under investigation in the US over national security concerns. According to a Friday Bloomberg report, an unspecified US official and six other anonymous people familiar with the matter said that Bitmain’s hardware is at the center of a federal investigation known as “Operation Red Sunset.” The investigation, led by the US Department of Homeland Security, reportedly seeks to determine whether the ASICs could be remotely controlled for spying or to sabotage the US power grid. US authorities previously investigated Bitmain-linked Chinese chip designer…

Maintaining exceptional editorial standards, with content reviewed by trusted editors and seasoned industry professionals. A recent report has recognised Chainlink’s Proof of Reserve as a benchmark for improving stablecoin management. PoR is a Chainlink service that provides real-time, on-chain verification that off-chain or cross-chain reserves truly back a token. The Chainlink team recently highlighted on X that a new stablecoin report from Imperial College London, titled “Mind the Gap: How Stablecoins Can Secure the UK’s Financial Future” and published on September 18, identifies Chainlink’s Proof of Reserve (PoR) as a critical technology for strengthening the security and transparency of stablecoins.…

As per one of the reports made by the RBC, the Central Bank of Russia is evaluating a project of tokenising shares of local firms so that foreign investors could purchase them via foreign digital marketplaces. 吴说获悉，据 RBC，俄罗斯央行正在评估将本国公司股票进行代币化，以便外国投资者可在海外市场购买。央行第一副行长 Chistyukhin 表示该方案“具有可行性”，但执行需依赖外国合作方提供代币化与交易平台支持。https://t.co/OB7bCpE49b — 吴说区块链 (@wublockchain12) October 13, 2025 Russia’s Central Bank Evaluates Stock Tokenization Plan The program aims to offset access to Western capital market restrictions through sanctions. It implies that foreign investors would be able to buy shares of large Russian corporations in small shares thereby raised liquidity but lowered entry barriers. Since 2018, Russia has been developing blockchains with the…

Cyril Ramaphosa, President of South Africa, has signed a historic agreement on minerals and green energy with the European Union in a trilateral meeting ahead of the G20 summit. South Africa has signed a memorandum of agreement with the European Union to spearhead green energy and process critical minerals. During a trilateral meeting held in Sandton, Johannesburg, Ramaphosa emphasized that the two entities have agreed to cooperate in critical minerals and green energy through an unprecedented Memorandum of Understanding (MoU). South Africa signs an MoU with the EU to advance mining, pharmacy, and green energy European Union-South Africa Partnership#G20SouthAfrica https://t.co/LkMKAecnL3…

Global megabank HSBC is doubling down on tokenization over stablecoins as global banks rush to keep pace in the stablecoin race. HSBC Holdings will start offering tokenized deposits to its corporate clients in the US and the United Arab Emirates in the first half of 2026, according to a Bloomberg report on Tuesday. The Tokenized Deposit Service (TDS) by HSBC enables clients to send money domestically and abroad in seconds around the clock, said Manish Kohli, HSBC’s global head of payments solutions. “The topic of tokenization, stablecoins, digital money and digital currencies has obviously gathered so much momentum. We are…

Ethereum continues to trade under heavy pressure as the market struggles to regain momentum after weeks of steady declines. The asset trades near the $3,060–$3,080 region, which now serves as the main short-term support. Besides this immediate zone, traders monitor structural weakness forming on the lower timeframes. The four-hour chart shows repeated failures at declining resistance, consistent sell signals, and persistent trading below the 9-EMA. Consequently, market sentiment remains defensive as Ethereum attempts to stabilize near its current levels. Market Structure Reflects Sustained Bearish Control Ethereum maintains a clear pattern of lower highs and lower lows. Each rebound attempt fades…

In a recent 60 Minutes interview BlackRock CEO Larry Fink shared his thoughts on cryptocurrency. He said crypto has a role similar to gold, acting as an alternative asset for investors, reports Ash Crypto via X. Fink stressed that crypto is not meant to replace money but can serve as a store of value outside traditional financial systems. BREAKING: 🇺🇲 BlackRock CEO Larry Fink said in a 60 Minutes interview that crypto has a role similar to Gold, as an alternative asset. pic.twitter.com/0ILR05p2uY — Ash Crypto (@Ashcryptoreal) October 13, 2025 Crypto as a Store of Value Fink explained that both…