Author: NBTC

The Hong Kong Legislative Council has published a special bulletin that details the latest developments regarding stablecoins in the region, including renminbi-backed stablecoins. Summary Hong Kong’s Legislative Council’s latest report included plans to seek central government support for the issuance of offshore RMB-backed stablecoins. Major Chinese state-owned enterprises such as PetroChina and the Bank of China have shown interest in obtaining stablecoin licenses to issue their own stablecoin pegged to the Chinese currency. On Oct. 13, the legislative council released a document called the “special report” which consists of major government policy initiatives and hot social issues, and provide the…

Momentum Finance, the leading decentralized exchange on Sui, has announced plans for its upcoming MMT Community Offering on Buidlpad. Summary MomentumFinance will raise $4.5 million via its MMT community token sale on Buidlpad.. Earlycampaignparticipants gain Tier 1 access at a lower valuation and higher contribution limits. The sale cements Momentum’s community-first approach, reinforcing its status as Sui’s leading DEX with over $550M in TVL. The token sale is designed to give real users, not venture capital firms, the first opportunity to own a stake in Sui’s fastest-growing decentralized finance ecosystem. According to an Oct. 10 announcement from Momentum Finance, the…

Since August this year, Ethereum has been forced to bounce off the same downward trendline four times, with each rejection resulting in a decline. Value remains near its early October 2025 level near 4,300, but ETH is unable to break past that point. It is an interesting query: is the fourth rejection a sign of a looming collapse or is ETH piling momentum on the breakout? This pattern of rejection is a critical turning point as pointed out in the work of technical analysts such as Ali Charts. At the point where price tries to hit the same level many…

Crypto trading firm Keyrock says onchain asset management is having a breakout year. In a new report, the firm estimated that assets under management (AUM) have surged 118% in 2025 to $35 billion, driven by growth across automated yield vaults, discretionary strategies, structured products and credit. Keyrock predicts that the sector could nearly double again by 2026, reaching $64 billion under a base case scenario, or as much as $85 billion if this year’s growth momentum continues. Discretionary strategies were the standout in 2025, up 738% year-to-date, as onchain investing evolves into a credible alternative to traditional finance, the report…

TL;DR More than 130,000 Chinese investors are attempting to recover 61,000 bitcoins seized by the UK after a $6 billion crypto fraud. Qian Zhimin allegedly converted investor funds into BTC before fleeing to London, where authorities confiscated the assets. The biggest legal obstacle is proving direct ownership of the seized bitcoin, especially after years of price appreciation. The effort to reclaim 61,000 bitcoins seized by British authorities has turned into a landmark fight that stretches beyond national borders. For many Chinese investors, the challenge lies in linking outdated financial records to digital assets that have multiplied in value since the…

Crypto exchange OKX has announced the launch of pre-market trading for Monad (MON) and Meteora (MET) tokens, offering users the opportunity to participate in the price discovery of new assets. OKX Launches Pre-market Trading for MON and MET According to the exchange’s statement, the MON/USDT trading pair will be listed in pre-trade on October 10, 2025, at 16:00, while the MET/USDT trading pair will be listed at 16:15. Monad (MON) was designed as a Layer 1 blockchain compatible with the Ethereum Virtual Machine (EVM) and aims to solve the scalability issues of existing networks. Meteora (MET) stands out as a…

Ethereum’s recent ride could be met with some fresh selling pressure. On-chain data shows that Trend Research made major moves by transferring huge amounts to Binance. The analytics company transferred an additional 77,491 ETH (equivalent to approximately 354.5 million dollars) to Binance in the last 10 hours, indicating that it is likely to sell. Trend Research deposited another 77,491 $ETH($354.5M) into #Binance for sale in the past 10 hours.Over the past 4 days, they have deposited 143,124 $ETH($642M) into #Binance.https://t.co/Oh2Nr7xOtG pic.twitter.com/yITKkuzykv — Lookonchain (@lookonchain) October 5, 2025 The most recent transfer aligns with a broader trend that has been evident…

Major digital coins including Bitcoin, Ethereum, and Dogecoin plunged on Thursday, with liquidations over a 24-hour period closing in on $1 billion.  Bitcoin, the leading cryptocurrency, was recently down by nearly 4%, trading for under $109,700, CoinGecko data shows.  While Ethereum, the second biggest digital coin, dropped further—by 7.5%—and was trading for $3,879 Thursday afternoon New York time.   Other major cryptocurrencies were battered harder, with Dogecoin dropping by nearly 9%. The original meme coin and eighth-biggest digital asset was trading close to $0.23. Solana has fallen about as hard on the day, dipping almost 9% to $196. Both SOL…

Crypto heist trial opens as two MIT‑educated brothers face accusations over a disputed 12‑second Ethereum transaction that allegedly transferred about $25 million. What is the crypto heist trial about? Who are the defendants in the MIT Brothers crypto case? What charges are alleged in the complaint? Which court oversees the case and what jurisdiction applies? When did the trial begin and what is the timeline? Key dates and court sessions to watch Next hearing date and potential schedules How the proceedings are progressing How does the Ethereum vulnerability factor into the case? Describe the reentrancy vulnerability and its on-chain effects…

Decentralized exchanges (DEX) registered $1.43 trillion in spot volume during the third quarter, marking the strongest quarterly performance on record and signaling a structural shift in how crypto markets establish prices. The figure represents a 43.6% increase from the $1 trillion registered in the second quarter, and surpasses the previous record of nearly $1.2 trillion set between January and March. August and September delivered the second- and third-largest monthly volumes in history, at $510.5 billion and $499.1 billion, respectively, trailing only January 2025’s $560.3 billion. Additionally, DEXs captured 17.7% of the total crypto spot volume traded by their centralized counterparts,…