Author: NBTC

Exciting news is buzzing in the crypto world! The MAP Protocol stablecoin product is set to launch on X Layer, promising an attractive annual percentage rate (APR) exceeding 7%. This groundbreaking development, announced by James, co-founder and a core developer of MAP Protocol (MAPO), marks a significant step for the ecosystem and DeFi enthusiasts alike. This innovative offering aims to provide a new avenue for users to generate passive income within the decentralized finance space, creating a buzz of anticipation. Unlocking Potential: The MAP Protocol Stablecoin and Its Appeal Imagine earning over 7% on your stable assets. This is precisely…

Defiance has rolled out a first-of-its-kind product with the launch of ETHI, a leveraged Ethereum exchange-traded fund that blends amplified exposure with an options-driven income stream. Summary Defiance launched ETHI on Sept. 18, the first Ethereum ETF combining leveraged ETH exposure with an options income strategy. ETHI seeks 150%–200% daily performance of ETH-linked ETPs while generating weekly distributions via credit call spreads. The ETF doesn’t hold ETH directly but provides regulated exposure to Ethereum’s growth and volatility. Defiance has unveiled the Defiance Leveraged Long + Income Ethereum ETF (ETHI), the first exchange-traded fund designed to pair leveraged exposure to ether-linked…

Clear Street initiated coverage of Bakkt (BKKT) with a buy rating and a $14 price target, implying 44% upside after a steep year-to-date decline, the broker said in a research report Tuesday. The shares have fallen over 60% this year versus an 11% gain for the S&P 500 stock index. The stock was 0.7% higher, around $9.83, in early trading Wednesday. Bakkt has shed non-core units like Loyalty and Custody to streamline into a blockchain-native payments platform, trading at just 2.9x projected 2027 EV/EBITDA, the report noted. Its business now rests on two pillars: Crypto Services for institutions and its…

China’s securities regulator has reportedly instructed some brokerages to pause their real-world asset tokenization business in Hong Kong, aligning with Beijing’s cautious stance as Hong Kong pushes forward with digital-asset initiatives. The China Securities Regulatory Commission (CSRC) has given informal guidance to at least two leading brokerages, asking them to refrain from offshore RWA activities, according to an initial report from Reuters on Monday that cited two individuals familiar with the matter. Several Chinese firms, including brokerage subsidiaries, have launched or announced tokenized products in the city, per the report. What is RWA tokenization? RWA (real-world asset) tokenization is a…

One of the top American exchanges has announced that one of the most requested services for XRP holders, earning yield, is nearing reality. The announcement comes just as the Flare network’s long-awaited FAssets protocol goes live, creating fresh opportunities for XRP in decentralized finance (DeFi). Uphold Teases XRP Yield Offering In a post on X, Uphold revealed that earning yield on XRP has been among the most frequently requested features by its users. The team said it is “making steady progress” and now sees “several promising ways to deliver it”. This hints that the exchange will share more details soon.…

Binance founder Changpeng Zhao, CZ, has responded to a tweet, making an adjustment about the size of his net worth. He also commented on his biography, which was shared in brief by a crypto enthusiast, starting from CZ’s childhood. CZ’s path from poverty to billionaire status The @Crypto_Jargon X account published a thread about Changpeng Zhao’s biography, revealing all the humps and bumps CZ was driven through and reminding the community of his current high-tier status and the fortune he has made. The thread mentions the move of CZ’s family from China to Canada, where his father made a living…

Patrick Witt, who was appointed as the White House cryptocurrency advisor after Bo Hines resigned from his position to join Tether, made new statements. Speaking at the South Korea Blockchain Week 2025 conference, the White House advisor stated that the strategic Bitcoin (BTC) reserve and the market structure bill are priority targets for the crypto committee. Witt stated that work is ongoing and that he expects the crypto market restructuring bill to be passed by the end of 2025. Witt stated that this bill aims to provide a secure and transparent environment for cryptocurrency transactions. Witt added that the House…

XPL, the native token of the layer‑1 blockchain project Plasma, is set to be listed on multiple exchanges, including Binance and OKX, later today. Summary Plasma’s XPL token is set to be listed on multiple exchanges, including Binance, OKX, and Bybit, later today. Around 175 million XPL tokens have been earmarked for airdrops to community members. Prominent investors such as Peter Thiel and Paolo Ardoino backed the project during its earlier stages. In a recent announcement, Binance said its Alpha platform will be the first platform to feature the XPL token on Sep. 25. Shortly following the listing on the…

One of the best traders in Hyperliquid, a blockchain that is designed to facilitate high-speed financial transactions, has gone on to open a huge short against Ethereum (ETH). The trader recently added another fresh 15000 short at 4536.30 making the total short exposure 62.19 million according to Whale Watch Perps on X. Their average entry price in all their positions stands at 4569.12. Why It Matters Ether is currently around 4,530, and is valued at above half a trillion. It has gained a relative stability since its recent upgrades including EIP-1559 that has been burning over 2.3 million ETH since…

Michigan-based mortgage lender LitFinancial on Wednesday debuted its U.S. dollar stablecoin, dubbed litUSD, on the Ethereum blockchain as the digital dollar movement is expanding beyond crypto natives. The firm said it plans to use the token to cut funding costs and improve treasury management operations, while also exploring on-chain settlement of mortgage payments. That shift could allow loan performance to be tracked publicly, potentially reshaping liquidity in the secondary mortgage market. Stablecoins, cryptocurrencies with prices anchored to fiat money like the U.S. dollar, are quickly growing in popularity as an alternative for payments, promising faster, cheaper transactions using blockchain rails.…