Author: NBTC

FishYield, a decentralized yield aggregator, is making a serious bet on the future of the DeFi yield farming sector, showcased by its today’s strategic partnership with Magne.AI, a Web3 smartphone network. This alliance facilitated the integration of FishYield with Magne.AI’s decentralized smartphone and mobile infrastructure, expanding the utility and adoption of FishYield’s DeFi yield applications. FishYield is a decentralized yield aggregation platform built on the Solana blockchain, using AI technology to automatically allocate users’ crypto assets to various farming pools, vaults, and DeFi protocols to optimize returns. This platform utilizes different yield farming and staking strategies to help users enhance…

Ethereum’s monthly transaction count has surpassed 70 million for the first time, reaching a new all-time high, according to a report from OKX Ventures. The milestone, based on data from Token Terminal, signals a significant shift in the network’s usage patterns and underlying economics. Record usage meets record-low fees While transaction volume hit a historic peak, the median transaction fee on Ethereum fell to an all-time low of $0.00554. OKX Ventures highlighted this divergence as evidence that Ethereum is evolving into a more efficient and lower-cost network. The combination of rising usage and falling fees suggests that scalability improvements are…

Asian digital asset firm HashKey has announced a $20 million strategic investment in SignalPlus, a crypto derivatives trading platform, through its asset management arm HashKey Capital. The investment, which led SignalPlus’s Series B+ funding round, marks a significant bet on the growing institutional demand for sophisticated crypto derivatives tools in Asia and beyond. Details of the Strategic Investment HashKey Capital, the investment division of the HashKey Group, finalized the $20 million agreement with SignalPlus, a platform known for providing advanced derivatives trading and risk management solutions for digital assets. The funding is intended to accelerate SignalPlus’s product development, expand its…

Ripple’s $RLUSD stablecoin has reached a new all-time high supply milestone. This signals continued growth in the regulated stablecoin market. According to the latest on-chain and market data, Ripple $RLUSD stablecoin supply climbed to roughly $1.609 billion on May 20. It slightly surpassed its previous late-April peak near $1.603 billion. The stablecoin continues to maintain a near-perfect $1 peg while circulating supply now sits around 1.64 billion $RLUSD tokens. The development adds another bullish signal to Ripple $XRP latest news coverage. As institutional demand for compliant digital dollar infrastructure continues expanding across payments and tokenized finance. $RLUSD Supply Reaches a…

Hong Kong is making waves in crypto circles with a seemingly jaw-dropping policy: zero percent capital gains tax on Bitcoin. The problem? This isn’t exactly new. Hong Kong has never imposed a general capital gains tax on long-term investment gains, crypto or otherwise. The real development here is more targeted and, frankly, more interesting. It involves proposed legislation aimed at extending tax exemptions to hedge funds, private equity vehicles, and qualifying family offices that invest in virtual assets. What’s actually changing In November 2024, the Financial Services and the Treasury Bureau released a consultation paper. The proposal would extend existing…

FTX Trading Ltd. and the FTX Recovery Trust have provided an operational update regarding the next phase of creditor and stakeholder distributions under FTX’s restructuring process. According to a press release issued this week, the anticipated record date for the next distribution to holders of allowed claims and interests has been set for June 16, 2026, with distributions expected to commence on July 31, 2026. Payments to eligible Preferred Equity Holders are scheduled for July 31, 2026. Holders of Allowed $NFT Customer Entitlement Claims under the confirmed Chapter 11 Plan will become eligible to initiate the $NFT distribution process beginning…

The Hashgraph Group, a Swiss Web3 and AI technology company, introduced BrandBoost, a new platform designed to help businesses build more active customer engagement through gamification and digital rewards. BrandBoost works as a SaaS platform and allows brands to create real-time interactions using no-code tools, community challenges, digital collectibles, and personalized incentives. The system uses behavioral data and AI analytics to help companies build stronger and more direct relationships with users. The platform is built on Hedera’s distributed ledger technology and also integrates several products from The Hashgraph Group. AssetGuard, the company’s enterprise digital wallet solution, enables self-custody storage, while…

The institutional bid under bitcoin is running on fumes. U.S. spot bitcoin ETFs have absorbed a net 4,500 BTC since the start of the year, an unusually thin number given the products were the structural buyer that powered the 2025 rally, per Swissblock data shared on X Tuesday. March and April produced steady accumulation that helped lift bitcoin off lows near $65,000, while May has flipped the other way with just three days to go before the month ends. “After strong accumulation in March and April, May has flipped back into distribution,” Swissblock said in its post. “The Risk Index…

Crypto exchange $HTX rejected U.K. claims it helped Russia’s “illicit financial infrastructure” used for moving funds and sustaining the country’s war in Ukraine, saying it refused a listing application from the A7A5 ruble stablecoin. “A7A5 was trying to list their stablecoin. However, following our rigorous internal due diligence and compliance review processes, their application was explicitly rejected,” a spokesperson for $HTX told CoinDesk. The token’s issuer, A7 LLC, is already sanctioned by many Western governments. In a sanctions note issued Tuesday, the Foreign Office didn’t provide specific evidence of any $HTX-A7A5 cooperation. The ministry said it had “reasonable grounds to…

Ethereum trades at $2,104 on May 25, holding barely above the channel’s lower trendline after a 12% pullback from early May highs, as negative sentiment, ETF outflows, and high-profile $ETH sales pile pressure on a chart that has no clean floor below $2,078. $ETH Daily Chart: Channel Support Is All That Stands Between Here and $1,900 $ETH Daily Price Action (Source: TradingView) Price is pressing against the lower boundary of a rising channel that has contained Ethereum’s range since the February lows. All four EMAs are stacked above current price, with the 20 EMA at $2,181, the 50 EMA at…