Author: NBTC

“The endgame is clear: one simple balance that’s always earning, with universal addresses, no more account and routing numbers, and passkey-style login,” said Ryne Saxe, CEO of crypto wallet company Eco. “Stablecoins are just better money. To attract users and be competitive, banks and fintechs have no choice but to build on stablecoin rails.” Marcin Kazmierczak, co-founder of blockchain oracle network RedStone, said wallets are most likely to take share first in payments, rather than credit or savings. “A bank account bundles three things: payments, savings and credit. Stablecoin wallets have already won payments in high-friction corridors,” he said. “Banks…

Binance founder Changpeng “CZ” Zhao has followed through on plans to empty a closely watched public wallet, transferring roughly $965,000 in $BNB and $币安人生 tokens to his education project, Giggle Academy, on Aug. 16. On-chain analysts Onchain Lens and The Data Nerd reported that Zhao transferred about 1,440 $BNB, then valued near $872,000, and 182,620 $币安人生 tokens worth roughly $93,000 to Giggle Academy’s Gnosis wallet. The transfers came shortly after Zhao said he would donate the assets and stop using the address. CZ MOVES $965K TO GIGGLE ACADEMYChangpeng Zhao transferred 1.44K $BNB (~$872K) and 182.62K #$币安人生 (~$93K) to Giggle Academy’s…

New Jersey has thrown down a legal gauntlet that could reshape how the entire country treats online betting on sports outcomes. The state’s attorney general asked the U.S. Supreme Court last week to settle a question that has split federal appeals courts and rattled a fast-growing industry: are sports-linked prediction markets gambling products subject to state law, or federally sanctioned financial instruments beyond states’ reach? The answer will determine whether platforms like Kalshi can keep operating nationwide under a single federal framework, or whether they’ll need to play by the same rules as traditional sportsbooks in every state where they…

Flowra Ltd., a blockchain infrastructure company focused on validator and order flow solutions for Solana, has signed a Memorandum of Understanding (MOU) with Korea Gold Exchange Digital Asset Co. Ltd. (KorDA) to explore the use of gold-backed digital assets in supporting Solana validator infrastructure. Under the proposed model, KGLD, a gold-backed digital asset held or managed by KorDA or an authorized affiliate, could be used as collateral to secure $SOL. The $SOL could then be delegated to Solana validators through Flowra’s infrastructure, allowing gold-backed assets to indirectly support validator operations and network growth. Flowra and KorDA also plan to explore…

Cardano founder Charles Hoskinson has warned that Bitcoin could eventually lose its position as the world’s largest cryptocurrency if it fails to adapt to quantum computing. Speaking in an interview on The Starting Block, Hoskinson claimed that Bitcoin’s biggest weakness is its limited ability to implement major protocol upgrades. He argued that Bitcoin’s governance model makes significant network changes difficult, a challenge that could become critical as quantum computing advances and threatens today’s cryptographic security. Quantum Computing Could Become Bitcoin’s Biggest Test According to Hoskinson, Bitcoin has successfully overcome several external challenges throughout its history, including the disappearance of its…

Hunter Biden, the son of former U.S. president Joe Biden, is launching a memecoin called “LAPTOP” on Base on Sept. 9, according to a report by the Wall Street Journal. The supply of the token is 1 billion, with founders including Biden being allocated 30%. The tokens will be unsellable for six months and vest for over two years, 20% will be airdropped in two rounds: to wallets underwater on the $TRUMP memecoin, to Biden’s Substack subscribers and to a mailing list run by his friend Andrew Callaghan, a video journalist. The remaining 30% will be burned based on specific…

Pi Network is recording higher blockchain activity as Protocol 26.1 reaches completion, Node upgrades continue and distributed-computing trials progress. Pi, however, remains under pressure, leaving open the question of whether infrastructure progress can translate into stronger token demand. In the meanwhile, recent updates point to expanding activity across the network, Nodes and application layer. Repeated 0.03 Pi Transactions Draw Attention Pi News reported that the blockchain explorer now displays token holdings and trading activity, giving users more visibility into ecosystem movements. LATEST: Pi Network Blockchain Is Showing More Ecosystem ActivityThe Pi blockchain is now showing tokens held and trading activity,…

Katherine Kirkpatrick Bos, Head of Legal at Chainlink, offered a stark assessment of the Clarity Act’s prospects after the House canceled the final two weeks of its September legislative schedule. “Devastating for Clarity” Asked whether the industry has entered a “post-Clarity era,” Kirkpatrick Bos didn’t hesitate. “We just heard that the House cut two weeks from its schedule, the final two weeks of its September schedule canceled, which is devastating for Clarity,” she said. She called the development “very frustrating” for the many market participants who had pushed hard for the legislation, describing it as “the ultimate way to futureproof…

LayerZero is set to embark on a significant redevelopment of its blockchain architecture to address the limitations it has encountered over the past five years. According to a recent tweet from @ARKInvest, the LayerZero team has identified structural limits within today’s blockchain technologies, prompting this initiative. The implications of this redevelopment could lead to enhanced scalability and efficiency within the blockchain ecosystem. Read more about this development in the full tweet here. What Went Down The broader crypto market is currently displaying mixed signals, with various assets experiencing fluctuating momentum. Amid this backdrop, LayerZero’s announcement of a new base layer…

Following a few weeks of escalations, new threats, and strikes, United States President Donald Trump has reportedly ordered its military to stand down instead of carrying out the planned attacks for tonight. The crypto focus is back on bitcoin, which has typically shown a positive reaction to similar developments. However, the actual impact might be felt after at least 24 hours. As reported by Axios, the reason for tonight’s withdrawal from new military action is the recently resumed talks on the Strait of Hormuz. Large media sites suggested yesterday that Oman has initiated talks with Iran to reopen the key…