Author: NBTC

Exodus Movement’s (EXOD) $175 million cash purchase of W3C Corp. and its Monavate and Baanx units represents what Wall Street broker Benchmark calls the company’s most significant step toward becoming the first self-custody wallet with a full payments stack. The purchase brings regulated payments infrastructure, card issuing, stablecoin rails and global licensing under one roof, with closing expected in the first half of 2026 pending U.K. and Latvian regulatory approvals, wrote analyst Mark Palmer. Palmer said the acquisition transforms Exodus’ revenue profile by adding steadier fintech-style income to offset the volatility of wallet and swap activity. The analyst reiterated his…

Today, market analyst Phoenix Group listed the top DEXs by trading volume. The listing comes after a recent significant fall in decentralized exchange (DEX) trading volume, partly due to increased bear sentiments in the wider crypto market triggered by macroeconomic uncertainty, among other factors. According to metrics from DeFiLlama, decentralized exchange volume dropped to $397.78 billion in November from a high of $568.43 billion noted in October. DeFiLlama’s data identified the record noticed in November as the lowest monthly total for DEXs since June. Phoenix Group further confirmed this market decline. Its latest data reported today pointed out that all…

The latest reports from Nansen about the last 24 hours of netflows on ASTER indicate that it has absorbed nearly double the capital that went into other similar protocols. This confirms ASTER’s place at the top of the pack in terms of pulling in retail liquidity within BNB’s increasing DeFi network. ASTER’s Dominance in Capital Attraction The netflow snapshot shows the ASTER bringing in around $1.96 million in 24-hour inflows while continuing to show a small 2.3 price decline. This pattern indicates that despite corrections in its price from time to time, the traders still see the protocol as a…

SoSoValue’s weekly ETF flow report showed significant outflows in Bitcoin and Ethereum spot ETFs. A total of $87.77 million in net outflows occurred from Bitcoin spot ETFs during the period December 1–5. Bitcoin and Ethereum Spot ETFs Exceed $1.53 Billion in Net Outflows Last Week: ARKB and ETHA Lead the Way Fidelity’s FBTC ETF saw the highest inflows of the week. FBTC attracted $61.96 million in inflows during the week, bringing its total historical inflow to $12.09 billion. Bitwise’s BITB ETF came in second, with $9.3 million in weekly inflows, bringing the total to $2.26 billion. The biggest outflow of…

Klarna, the Sweden-based digital bank known for its “buy now, pay later” offering, said Tuesday that it will debut a U.S. dollar stablecoin, becoming the latest global fintech tapping blockchain rails to power global transfers. Dubbed KlarnaUSD, the token is set to go live on Tempo, a blockchain developed by Stripe and Paradigm specifically for payment use cases. The token will be issued through Bridge, Stripe’s stablecoin infrastructure product, and is currently in test mode. A full public rollout is planned for next year. Klarna is the latest financial institution to embed stablecoins and blockchain tech into its operations, marking…

The Blockchain Association has hired Uniswap Labs’ Lindsay Fraser to lead its policy operations as the crypto industry pushes for near-term action from the U.S. Congress on a bill to establish the regulatory playing field for digital assets markets. Fraser, who worked on policy issues for Uniswap as the industry wrestled with how decentralized finance (DeFi) would be handled by the U.S. government, will take on a wider role for the 146 member companies at her new association, though she said her DeFi experience will help with that ongoing discussion. The group, which is among the leading organizations in a…

Binance announced that it will remove a number of margin trading pairs from its platform on December 11, 2025. According to the announcement, many FDUSD-based trading pairs will be delisted, both on the cross and isolated margin sides. Cross margin pairs to be removed include PENGU/FDUSD, NOT/FDUSD, NEIRO/FDUSD, FLOKI/FDUSD, STX/FDUSD, ZRO/FDUSD, RED/FDUSD, W/FDUSD, PYTH/FDUSD, ORDI/FDUSD, INJ/FDUSD, PENDLE/FDUSD, 1000SATS/FDUSD, SAGA/FDUSD, KAITO/FDUSD, IO/FDUSD, BB/FDUSD, PNUT/FDUSD, ETHFI/FDUSD, and BOME/FDUSD. On the isolated margin side, NOT/FDUSD, FLOKI/FDUSD, ZRO/FDUSD, RED/FDUSD, W/FDUSD, PYTH/FDUSD, ORDI/FDUSD, INJ/FDUSD, 1000SATS/FDUSD, SAGA/FDUSD, KAITO/FDUSD, IO/FDUSD, BB/FDUSD, ETHFI/FDUSD and BOME/FDUSD pairs will be removed from the list. Binance stated that users will not…

Lily Liu, the president of the Solana Foundation, has entered the growing feud between Kamino Finance, an established player in Solana’s lending market, and Jupiter Lend, a more recent entrant into the lending space. Jupiter launched Jupiter Lend in August, and it has already grown to $1 billion in TVL. The Solana lending market is currently valued at around $5 billion, a number that is significantly dwarfed by Ethereum’s $50 billion and the trillions in TradFi collateral markets. Solana Foundation’s president does not mind the competition Lily Liu, president of the Solana Foundation, referenced the current valuation of Solana’s lending…

The recent market downturn has brought the issue of DATs, companies that hold bitcoin and other cryptocurrencies as part of their balance sheet, to the spotlight. While some see this institutional interest as part of an asset class maturation process, experts believe that their rise adds a new layer of risk to crypto markets. DATs Under the Magnifying Glass: Can They Survive? The surge of Digital Asset Treasuries (DATs), companies that hold crypto as part of their balances, is part of an emerging trend that has seen institutions side with crypto as the new hot thing, looking to attract interest…

In a significant development for the cryptocurrency industry, the legal saga surrounding WEMIX manipulation charges has reached its conclusive chapter. Former Wemade CEO Jang Hyun-guk’s acquittal is now final, marking a pivotal moment that raises important questions about regulatory boundaries and market transparency in digital assets. What Were the WEMIX Manipulation Charges About? Prosecutors initially indicted Jang Hyun-guk in August 2023, alleging he manipulated the market by making false announcements about WEMIX coin liquidation. The core accusation centered on his early 2022 statement that he would stop liquidating WEMIX coins. Authorities claimed this announcement artificially supported both Wemade’s stock price…