Author: NBTC

AllUnity, a joint venture between DWS, Galaxy and Flow Traders, has launched EURAU, a euro-denominated stablecoin approved under Germany’s new crypto regulations. EURAU is claimed to be the first euro-backed stablecoin to be issued under the EU’s Markets in Crypto-Assets Regulation (MiCAR) and licensed as electronic money by Germany’s BaFin. The token, issued on Ethereum as an ERC-20 asset, is designed for financial institutions, fintechs, and corporate clients needing regulated, instant cross-border euro payments. AllUnity has partnered with a consortium of European banks to act as reserve custodians. This structure aims to satisfy regulators and institutions seeking transparency, supported by…

Changpeng “CZ” Zhao, co-founder of Binance, just fired back at the FTX bankruptcy estate in a Delaware court, saying the U.S. has no legal right to come after him over a $1.76 billion clawback claim. On Monday, he filed a motion asking the court to dismiss the case completely. The reason? “The claims are so far removed from Delaware, and even the United States, that the statutes at issue, which lack extraterritorial application, do not even apply,” CZ wrote in the filing. He lives in the United Arab Emirates, not the U.S., and his lawyers argue that being a foreign…

Bedrock, a liquid staking protocol, has announced the launch of its UniBTC vault on Rootstock, a Bitcoin DeFi layer. The development is another greater integration of Bitcoin applications into the wider DeFi ecosystem. With this launch, Bitcoin holders can stake their BTC and earn rewards on Rookstock by minting uniBTC, unlocking yield across several interoperable DeFi platforms while keeping their BTC secure and liquid. We’ve officially landed on @rootstock_io 🛬What does this mean for your BTC-backed assets?1️⃣ Mint $uniBTC on Rootstock and unlock new DeFi and yield opportunities:https://t.co/UwmXMQcr5f2️⃣ Bridge your $uniBTC from other chains to Rootstock via @Protocol_Free… pic.twitter.com/ScNFPTBAoR —…

Coinbase has taken aim at the United Kingdom’s financial system in a darkly satirical video, which comes as data reveals a steep rise in financial hardship across the country. Titled “Everything is fine,” the video uses a musical tone and lyrics to brag about the UK’s strong finance while showing grim scenes of inflation, poverty, debt and financial struggle — a hint at the gap between what people are told and what they actually face. “We ain’t got no troubles. No reason to complain,” the video starts, as damaged homes and cash-strapped individuals fill the screen. “The streets can’t get…

The crypto industry is hailing the US Securities and Exchange Commission’s latest guidance on liquid staking as a rare regulatory win, with stakeholders calling it a major step forward for decentralized finance and institutional adoption of digital assets. Released Tuesday, the SEC staff issued a guidance on liquid staking, writing that under certain conditions, liquid staking activities and the receipt tokens they generate do not constitute securities offerings. “Institutions can now confidently integrate LSTs into their products which is sure to drive new revenue streams, expand customer bases, and enable the creation of secondary markets for staked assets,” Mara Schmiedt,…

Leading cryptocurrency Bitcoin (BTC) is trading in a narrow range after its ATH of $123,000 in mid-July. Although economic data from the US has been positive in recent months, the Fed failed to make the expected interest rate cut in June and July, and hopes for a September rate cut have also diminished. Many crypto investors were expecting a September interest rate cut, but Fed Chair Jerome Powell’s latest comments yesterday dampened those expectations. The probability of a September rate cut has now dropped to just 43%. “We remain very cautious about inflation risks,” Powell said at his latest press…

Hive Intelligence, a renowned AI agent infrastructure provider, has announced its new collaboration with Omnia Protocol, a popular decentralized infrastructure platform. The collaboration aims to redefine AI agent capabilities to advance AI-native DeFi. As disclosed by Hive Intelligence in its X announcement, the joint initiative combines its large language model-ready blockchain data with the decentralized, always-online, and DePIN RPC infrastructure of Omnia. Hence, this development endeavors to unlock new AI-driven DeFi opportunities, real-world functionality, and use cases. Hive Intelligence × @omnia_protocolWith Hive’s real‑time, LLM‑ready blockchain data and Omnia’s secure, 100% uptime DePIN RPC infrastructure, autonomous AI agents gain both data…

By Omkar Godbole (All times ET unless indicated otherwise) The crypto market quickly recovered from the late Wednesday swoon triggered by Fed Chair Jerome Powell’s hawkish comments. Bitcoin bounced to $118,500 from $116,000, with ether (ETH), XRP and other major altcoins following suit. The CoinDesk 80 Index traded over 2.5% higher on the day, outperforming the CoinDesk 20 Index, which suggests a stronger recovery in smaller tokens such as toncoin and memecoins including shiba inu .Still, the market overall stayed within recent price ranges, searching for catalysts to break through resistance. Referring to bitcoin, Alex Kuptsikevich, the chief market analyst…

A former top SEC official’s warning that liquid staking could trigger crypto’s own Lehman-style collapse has drawn sharp rebuke from industry participants, reigniting debate over how the U.S. should regulate staking tokens. Amanda Fischer, who served as Chief of Staff under former SEC Chair Gary Gensler, wrote Monday on X that the agency’s stance on liquid staking amounts to “blessing the same type of rehypothecation that cratered Lehman Brothers.” Fischer argues that liquid staking creates synthetic tokens through intermediaries, allowing assets to be reused without clear oversight. She likened it to “rehypothecation,” which is the reuse of client collateral by…

With the launch of the repo intradie cross-ledger, JPMorgan, HQLAx, and Ownera are introducing a significant change in digital financing models. In just a few weeks of activity, trades up to 1 billion dollars of daily trading have already been recorded, demonstrating a lightning-fast adoption of this innovation. According to the data collected by JPMorgan in the first quarter of 2025, the interoperability between different blockchain platforms has enabled instant settlements, opening up previously unattainable prospects. JPMorgan: how the cross-ledger digital repo works The technology behind the exchange: peer-to-peer, DvP, and smart contract DLT in digital repos: interoperability, speed, and…