Author: NBTC

DeFi Kingdoms, a blockchain-based gaming project, has announced that its Avalanche subnet, DFK Chain, will officially shut down on Aug. 28. The closure specifically affects the chain used for the JEWEL token, while the broader DeFi Kingdoms ecosystem will continue operations. The project has stated that its primary focus is ensuring a safe migration of user assets to the Avalanche C-Chain. What the DFK Chain Shutdown Means for Users For users holding JEWEL or other assets on DFK Chain, the shutdown means they will need to move their funds to the Avalanche C-Chain before the Aug. 28 deadline. DeFi Kingdoms…

Arthur Hayes disposed of 2,364.38 $ETH for 4.3 million $USDC last Friday, according to tracking platform Lookonchain, resulting in a possible loss of $241,000. The sale happened as the price of crypto, in general, was on the decline with the whole cryptocurrency market falling by about 2 percent within the past 24 hours. Arthur Hayes(@CryptoHayes) bought high and sold low again!Over the past 2 hours, he deposited 2,364.38 $ETH into Cumberland and Galaxy Digital, receiving 4.3M $USDC in return.His selling price was $1,821, resulting in a loss of $241K (-5.3%).He had previously bought 7,213… pic.twitter.com/4AVZpjANZD — Lookonchain (@lookonchain) August 1,…

Anthropic has proposed leasing up to $10 billion of computing power from Meta Platforms over two years as the AI developer prepares for a possible October IPO. According to Reuters, which cited The New York Times, Meta is reviewing the proposal after Anthropic presented the terms in June. The planned agreement would require Anthropic to make monthly payments for access to Meta’s computing capacity. Both companies could end the contract before the two-year period expires, the report added. Meta and Anthropic have not finalized the arrangement, leaving its value and duration subject to the outcome of their talks. For Anthropic,…

Latest developments: Stellar Development Foundation CEO Denelle Dixon joined CoinDesk’s Public Keys and said DTCC’s selection of Stellar validates years of infrastructure built for institutional use. DTCC recently chose Stellar as the first public blockchain connected to its upcoming tokenized securities settlement platform, Dixon said. Stellar surpassed $1 billion in tokenized real-world assets in December and has since grown to roughly $3 billion in about five months, according to Dixon. Dixon described the partnership as “the moment Stellar was built for” after more than a decade of focusing on compliance and institutional requirements. What this means: Regulatory progress is helping…

South Korea plans to impose an up to 22% combined tax on annual crypto gains exceeding 2.5 million won ($1,740). The country plans on taxing cryptocurrency gains from Jan. 1, 2027, signaling that it does not intend to postpone the measure for a fourth time. The tax was originally due to take effect in January 2022 and had been postponed until 2025. A December 2024 amendment delayed its introduction by another two years, to the start of 2027. “We are pushing forward with the plan to tax [cryptocurrency] starting next year as scheduled., Deputy Prime Minister Koo Yun-cheol told lawmakers…

Artificial intelligence has learned how to write software, build businesses and automate workflows. Yet one of the most important actions on the internet still required human intervention: moving money. MoonPay believes that gap is about to close. With the launch of PayBox, users can ask ChatGPT or Claude to swap tokens, bridge assets, book travel or make purchases using natural language, while keeping full control of their wallets and funds. “Swap $100 of PYUSD to SOL.” “Bridge funds to Robinhood Chain.” “Maximize my yield using Aave.” “Book my flight.” The AI prepares the transaction, the user approves it with a…

Uniswap v4, the latest iteration of the leading decentralized exchange protocol, now accounts for roughly half of all quarterly trading volume across decentralized exchanges (DEXs), according to data from Sentora. The milestone comes approximately 18 months after its launch, signaling a significant shift in the DeFi trading landscape. Uniswap v4’s Rapid Ascent in the DEX Market Uniswap v4 was introduced with a host of technical improvements, including “hooks” that allow for customizable liquidity pools and more efficient use of capital. These features have attracted both retail and institutional traders, driving a steady increase in volume since its deployment. Sentora’s data…

Two newly created cryptocurrency wallets have accumulated a combined 18,914.13 $ETH — worth approximately $35.2 million — over the past 10 hours, according to data reported by BlockBeats. The purchases were executed at an average price of $1,861 per $ETH, signaling a notable large-scale acquisition in the Ethereum market. On-Chain Data Points to Institutional Involvement BlockBeats, a crypto media outlet, noted that the transaction patterns appeared similar to moves previously made by Bitmine, a company known for holding Ethereum as part of its treasury strategy. However, the report highlighted a key difference: Bitmine has not previously acquired holdings through Coinbase,…

Recent public filings from Companies House in the UK show Nvidia’s investment arm, NVentures, put about $196 million (£145 million) into Revolut last year. The filing indicates NVentures owns roughly 141,834 shares. With that funding, Revolut held onto its $75 billion price tag, which puts it among the most highly valued privately held tech companies in Europe. The valuation happened during a secondary sale of Revolut shares in 2025. Most of this funding came from a secondary sale, meaning it wasn’t Revolut raising fresh capital for day-to-day business. Instead, current shareholders and staff sold off some of their own stakes.…

In a recent tweet on X, Ripple CTO Emeritus David Schwartz sheds light on his role in Ripple at its inception as well as his $XRP compensation. Schwartz had shared a screenshot that apparently contained a description of various participants in Ripple, including the $XRP they were gifted at the company’s inception. A participant, “cryptographer 1,” was described as “a Californian resident who served as Ripple’s chief cryptographer until July 2018 and is currently Ripple’s chief technology officer.” Reacting to this, Schwartz said: “These are pretty funny. I’m actually wearing a cryptographer-1 shirt right now.” I’m not generally considered a…