Author: NBTC

Banks are increasingly turning to tokenized deposits as they adopt blockchain technology to improve how money moves through the financial system. A new report from Arkham Intelligence says regulated banks are creating digital versions of customer deposits that stay on the banks’ balance sheets while operating on blockchain networks. This transition helps banks make transactions faster and more automated without disrupting the essential architecture of conventional banking. In contrast to stablecoins, tokenized deposits remain liabilities of the bank and are regulated under banking regulations. What Tokenized Deposits Actually Do Tokenized deposits are digital versions of bank deposits that run on…

A fresh controversy has emerged within the Shiba Inu ecosystem after a community figure alleged that the network’s recent surge in wallet addresses does not reflect genuine adoption. The development follows a sharp increase in Shiba Inu’s holder count. Earlier this month, the figure also surpassed the 1.6 million milestone. Since July 4, $SHIB has added more than 75,000 wallet addresses, pushing the total number of holders to 1,675,551 (1.67 million). At first glance, the rapid growth signals rising adoption. However, The Dark Shib argued that the increase stems from an automated distribution mechanism rather than new investors joining the…

The National Organization of Black Law Enforcement Executives (NOBLE) has officially endorsed the CLARITY Act. This makes it the first major law enforcement organization to publicly support the crypto market structure bill, according to reports. Moreover, the endorsement is seen as a major development. The legislation is moving closer to a potential Senate vote. The CLARITY Act also includes the Blockchain Regulatory Certainty Act (BRCA). This aims to provide clearer rules for blockchain developers and service providers. At the same time, it preserves existing law enforcement powers. NOBLE Says the Bill Strengthens Law Enforcement In a letter sent to Senate…

TradingView has expanded its market coverage by adding real-time data for Hyperliquid and Trade[XYZ], giving users access to onchain perpetual and spot markets directly through its charting platform. According to TradingView, the new integration brings live pricing for Hyperliquid’s crypto perpetual and spot markets alongside Trade[XYZ] markets covering equities, commodities, foreign exchange, and pre-IPO companies. Trade[XYZ] and Hyperliquid data is now live on @tradingview. Putting this data where traders live has been a top priority for us.Markets are increasingly shaped by events unfolding around the clock, and price discovery shouldn’t stop when traditional venues close. Users now… — trade.xyz (@tradexyz)…

Speaking His Mind, as Always Michael Saylor is once again playing professor, taking to X to air his thoughts regarding MSTR yesterday: “One of the most misunderstood MSTR metrics is $BTC Breakeven ARR. If $BTC appreciates faster than 3.3% over time, $BTC capital gains can fund STRC dividends indefinitely.” Image source: X Critics argue the company’s growing stack of preferred stock dividends will eventually force it to liquidate its bitcoin treasury. Saylor’s counter is arithmetic, i.e. as long as bitcoin’s long-run annual growth beats a low single-digit hurdle, the appreciation on more than 840,000 $BTC generates more value than the…

The activation of the Taproot upgrade in 2021 allowed developers to embed images, text and other data directly into Bitcoin transactions. These “incriptions” gave rise to Ordinals which enabled Bitcoin’s own version of non-fungible tokens (NFTs) an subsequently Runes, which could be described as a protocol for minting memecoins. Their supporters argue that these applications used Bitcoin exactly as designed, paying a price for blockspace and using that space as they see fit. It was not, they said, Bitcoin’s job to decide what could and could not be stored on its network. Others disagreed. Certain long-time Bitcoin users such as…

NYLIM was the latest entrant to the list of asset management giants making moves in tokenization, teaming up with Centrifuge (CFG) to bring one of its high-yield corporate bond strategies onchain. For NYLIM, tokenization is less about launching blockchain versions of existing funds than improving how portfolios are assembled. Sy said customized investment strategies often combine ETFs, bonds, private credit and other assets, creating operational complexity that makes personalization difficult to scale. “The end goal is to embed the customization within the asset itself, rather than the customization sitting around the operations around the different assets,” he said. Tokenization could…

As of 8:19am today in New York, every retail investor who had ever bought shares of Enlivex on the Nasdaq, an arthritis biotech-turned-digital asset treasury (DAT), had lost money. The company bet its balance sheet on the $RAIN crypto token that ZachXBT eventually tied to Moshe Hogeg, an Israeli entrepreneur facing a $290 million law enforcement investigation. Shares of Enlivex, which have been trading publicly for 12 years, traded to their all-time low of $0.42 this morning. Investors are slowly losing it all. Hogeg has denied fraud allegations via a spokesperson. The biotech company spent years developing clinical therapeutics. Bizarrely,…

India’s Parliamentary Standing Committee on Finance, chaired by Bhartruhari Mahtab, held its 7th meeting on virtual digital assets (VDAs) today with representatives from the Reserve Bank of India (RBI) and the Institute of Chartered Accountants of India (ICAI). This marked RBI’s first testimony before the panel on crypto-related issues. RBI Firmly Opposes Crypto Legal Status In India India’s Parliamentary Standing Committee on Finance held its 7th meeting on VDAs, consulting from RBI and ICAI representatives. Chairman Mahtab stated that the RBI did not recommend giving legal status to cryptocurrencies in India. Meanwhile, this latest meeting forms part of the committee’s…

CoinFlip has secured a Markets in Crypto-Assets [MiCA] license from Italy’s securities regulator, allowing the U.S.-based crypto platform to expand its services across the European Union as the bloc’s transition to its new crypto regulatory framework enters a new phase. The approval comes one day after the EU’s MiCA grandfathering period expired on July 1, requiring crypto-asset service providers [CASPs] operating in the bloc to hold MiCA authorization or cease offering regulated services. The timing highlights how firms are racing to position themselves under the EU’s harmonized crypto regime. CoinFlip expands European footprint under MiCA CoinFlip said it received the…