Author: NBTC

KuCoin Web3 has officially partnered with Switchboard, an oracle net that is permissionless and allows connecting decentralized applications (dApps) to real-world data. It is good for both developers and consumers who will have access to off-chain information in a secure, transparent, and timely manner. Decentralized architecture of Switchboard oracles can provide dApps with regular data feeds but allow developers to add their sources. The integration opens availability to increased adoption of Oracle-driven use cases in the whole Solana ecosystem because KuCoin Web3 has a huge and expanding community. The collaboration underlines the role of oracles in blockchain infrastructure that is…

The decentralized finance (DeFi) world is buzzing with exciting news, marking a significant stride for one of its pioneers. Stani Kulechov, the visionary founder of the leading crypto lending protocol Aave (AAVE), recently shared a monumental update via X. The protocol’s Aave cumulative revenue has officially soared past the impressive $200 million mark, signaling robust growth and sustained adoption in the digital asset landscape. What is Aave and How Does it Drive Financial Innovation? Aave stands as a cornerstone of the DeFi ecosystem, revolutionizing traditional finance by enabling users to lend and borrow cryptocurrencies without the need for intermediaries like…

Ethereum’s recovery rally has stalled over the past few days, with ETH trading sideways as selling pressure mounts. The hesitation stems from long-term holders (LTHs) moving to secure profits, a trend historically tied to major price reversals. While this behavior is not new, its reappearance threatens further downside. Key Ethereum Holders Sell The LTH Net Unrealized Profit and Loss (NUPL) metric reveals that each time the indicator crosses the 0.65 mark, Ethereum’s price struggles. This is because profit levels reach a saturation point where seasoned investors prefer to sell rather than hold, resulting in price stagnation or corrections. Currently, Ethereum…

A lot was said about how the U.S. economy can benefit from USD-pegged stablecoins, especially now, when the GENIUS Act provides a clearer framework for the issuers. But can other countries benefit from issuing stablecoins pegged to their respective national currencies? Yes, they can, and several countries are already joining the race. Summary USD-pegged stablecoins strengthen the U.S. dollar; hence, other countries are trying to galvanize their local currencies through issuing stablecoins. If the dominance of the USD-pegged stablecoins is downplayed, it may siphon away deposits from local banks. Japan and China are working on their national stablecoins, while the…

Novastro, a renowned L2 blockchain, has partnered with Terminus, a popular payment platform merging crypto with real-world transfers. The collaboration seeks to solve crypto payment fragmentation by bridging tokenized assets and real-world payments. As the official X announcement points out, the partnership is focused on incorporating QR-code-based crypto payments as well as tokenized assets. Hence, the development is expected to trigger a substantial shift in the user interaction with real-world and digital values across the APAC region. Partnership AnnouncementWe’re joining hands with @terminus_pos to connect tokenized assets with real-world payments.Terminus bridges crypto and real-world transactions through QR-code payments and tokenized…

Multi-billion dollar stablecoin giants Circle and Tether are being grilled by a DeFi risk management firm over their allegedly “inadequate” bug bounty programs that fail to exceed $10,000. LlamaRisk published the report on September 1, which assessed the bug bounty programs for crypto assets listed on Aave’s V3 Protocol. It found that 33 assets, making up $19.7 billion of Aave’s supply, have “adequate” bug bounty programs. Ten assets representing $19.2 billion of Aave’s supply, however, either have no program or are “vastly insufficient.” LlamaRisk says Circle, despite managing $70 billion in assets, has a “vastly insufficient” bug bounty of $5,000.…

Ethereum co-founder Vitalik Buterin’s wealth is estimated by Arkham Intelligence to be at least $1.05 billion as of August 2025. While ETH holdings make up the majority of his wealth, Buterin’s portfolio is also supplemented by various altcoins and crypto venture investments. Buterin’s known wallets hold approximately 240,000 ETH, making his wealth heavily dependent on the price of Ethereum. With the price of ETH rising above $3,000 in 2021, 2024, and 2025, Buterin re-entered the billionaire list. However, due to fluctuations in the price of ETH, his wealth has occasionally dipped below $1 billion, but has since recovered. Among his…

Gryphon Digital Mining is set to merge with Trump-linked American Bitcoin in September, with its shares already up 231% since the May announcement. Gryphon’s shares jumped 42.1% on Thursday to $1.75 from $1.35, according to Google Finance. The rally came as American Bitcoin’s largest investor, Hut 8 CEO Asher Genoot, told Reuters the merger between American Bitcoin and Gryphon is expected to be finalized soon, with trading set to begin in early September. According to the Reuters report, the merger will be all-stock. The new entity will retain the name American Bitcoin, and its two founders — Eric Trump and…

Ethena (ENA) announced a new $530 million ‘StablecoinX’ deal. The foundation also launched a $310 million market buyback program. StablecoinX announced that it has secured an additional $530 million in PIPE funding, bringing the company’s total funding raised to date to approximately $895 million. According to Ethena Labs, if StablecoinX continues to purchase locked ENA from the Ethena Foundation or its affiliates, the proceeds will be used for spot ENA repurchases. Ethena’s buyback plan calls for $5 million in daily purchases if the ENA price remains above $0.70, and $10 million in daily purchases if it falls below $0.70 or…

Jack Dorsey’s peer-to-peer decentralised messaging service Bitchat saw a significant spike in downloads from users in Nepal during this week’s social media crackdown. That’s according to Cashu founder and X user @callebtc, who noted that the uptick in downloads was even larger than a previous spike from Indonesia that saw 12,000 daily downloads during another series of protests. The open-source dev, who is currently working on Bitchat, touted the messaging service’s ease of access, claiming it “works everywhere” with no phone number, email, account registration, or even internet. Read more: Jack Dorsey and Block abandon Web5 to mine bitcoin It…