Author: NBTC

India’s long working hours and relatively low wages are putting a different perspective on the country’s leading position in global crypto adoption. Periodic Labour Force Survey data showed Indians worked an average of 41.7 hours per week in 2024, while a comparison shared by market analyst Sunil Gurjar placed average weekly earnings at ₹5,675. The figures raise questions for Indian investors: does limited disposable income encourage small-scale participation in Bitcoin and other cryptocurrencies, or does it limit the capital households can deploy? India’s Wage Gap Meets High Crypto Participation India ranked first overall in Chainalysis’ 2025 Global Crypto Adoption Index…

$ENS tokenholders approved and executed a proposal that turns the $ENS Foundation into a staffed organization with a full-time executive director and a five-seat board, and hands it onchain control of the DAO’s endowment. The opposition centered on the keys. The executable swapped the sole owner of the Endowment Safe for a new timelock contract with a nine-day delay whose only proposer is the Foundation’s 3-of-5 multisig, with the Security Council able to cancel queued transactions on five of eight signatures. Spending caps, budget bounds and conflict-of-interest recusals live in the proposal text and are not enforced by the code.…

Consensys Software Inc. is separating into two companies, the firm said Wednesday. The existing corporate entity will continue and rebrand as MetaMask, running the wallet and its consumer products under co-founder Joe Lubin as chairman and chief executive. Its Protocols Group and institutional blockchain infrastructure business, including the Linea layer 2, becomes a newly formed company named Consensys. The split separates Ethereum’s most widely used wallet from one of its largest protocol development shops for the first time since Lubin founded the company in 2014. Each side gets its own chief executive, board and capital allocation: a consumer business now…

As Bitcoin [$BTC] shows relative strength, some long-term holders are starting to make moves. In fact, one whale has captured market attention after shifting away from accumulation. Onchain Lens reported that a whale who has been aggressively accumulating Bitcoin over the past six years finally moved his assets. According to the on-chain monitor, $130.5 million worth of Bitcoin was transferred. Source: Arkham The associated wallet moved 800 $BTC worth $52.2 million to Cumberland for OTC. At the same time, the wallet moved 1200 $BTC worth $78.3 million to new addresses. The whale’s decision to move some holdings to Cumberland signaled…

Gold investments have a long-standing place in Indian households. But now, Prime Minister Narendra Modi is asking Indians to reduce exposure to this precious metal as part of his Swadeshi campaign. While the move’s main goal is to reduce reliance on imports, it could also give investors other investment options, including Bitcoin and stablecoins. Modi Wants Indians to Buy Less Gold: Is Crypto an Unintended Alternative? India’s PM Narendra Modi is stressing the importance of Swadeshi, urging people to prioritize locally made products, thereby reducing the dependence on imported goods. He wants Indians to renew their pledge for an “Atmanirbhar”…

Charles Schwab’s Head of Crypto Research, Jim Ferraioli, says the $XRP Ledger (XRPL) is evolving from a payments blockchain into a network for stablecoin transactions. He shared this view while speaking on the Thinking Crypto podcast with host Tony Edward. Ferraioli discussed how different blockchain networks are specializing in distinct use cases as the crypto industry consolidates. “I think everyone’s gonna find their niche,” Ferraioli said, pointing to Ethereum, Solana, Tron and XRPL as examples of networks developing distinct roles. $XRP Ledger Moves Beyond Payments According to Ferraioli, Ethereum remains the dominant general-purpose smart-contract blockchain for tokenized real-world assets. Solana,…

Nearly all the open interest displayed on Coinbase’s derivatives dashboard already sits at Deribit, its global derivatives venue, eight days before institutional positions at the much smaller Coinbase International Exchange are scheduled to move there. A Coinbase derivatives dashboard snapshot retrieved at 15:42 UTC on Sept. 1 showed $40.65 billion of daily open interest across three venues. Deribit accounted for $39.26 billion, about 96.6%, while Coinbase Derivatives held $1.17 billion and International Exchange held $226.98 million. The Sept. 9 transfer covers the $226.98 million International Exchange book, client accounts, and trading infrastructure. The $39.26 billion already at Deribit stays where…

U.S. financial giant U.S. Bank has successfully completed the first live pilot of its USBDC stablecoin, moving real money between its U.S. and European branches through the public Stellar (XLM) blockchain. The bank chose not to create an isolated private network, proving that large amounts of capital can be transferred securely over open rails. Major banks usually avoid open networks because of regulatory concerns, but U.S. Bank addressed this problem through technology. As Jamie Walker, the bank’s head of digital assets, explained, its platform is fully integrated into its internal risk management system. The USBDC stablecoin’s code includes freezing and…

Bitcoin ($BTC) whales (accounts holding between 1,000 and 10,000 $BTC) have been consistently accumulating the cryptocurrency since late May. This period of accumulation began in early May, when prices were around $80,000, and has continued even as prices declined 17.25% to a current $66,256. Whales load up on Bitcoin despite market swings Unlike previous months, the period since May shows unprecedented, continuous accumulation despite geopolitical and macroeconomic headwinds. In the last month alone, this cohort has accumulated 48,000 Bitcoins. This brings their total stash to 3.09 million Bitcoins, similar to the amount they held in February of this year. Source:…

Tokenized stock volume reached $29.5 billion during the 30 days ending August 29, according to RWA.xyz data. The total rose more than 415% from the prior period. Activity grew while Coinbase, Robinhood, Bitwise, Bybit, and Arcus added new equity products across public blockchains. The increase marks a shift from simple token issuance toward trading, custody, portfolio management, and collateral use. Meanwhile, speculative crypto spot trading has stayed subdued during parts of 2026. The comparison places tokenized real-world assets among the few on-chain sectors showing both expanding value and measurable user activity. Tokenized Stock Volume Reaches $29.5B Monthly active addresses increased…