Author: NBTC

World Liberty Financial’s stablecoin USD1 surpassed $10 billion in transfer volume just 10 days following its listing on Binance, according to data from Artemis. From May 22 to June 1, the stablecoin traded $10.7 billion in volume, surpassing the total transfers from its inception until May 21. The stablecoin is native to World Liberty Finance, a decentralized application backed by President Donald Trump and his family. Weekly volumes had already increased significantly in mid-May. USD1 left the $307 million traded between May 12 and 18 to reach $4.3 billion the following week, a 1,300% weekly increase. Despite the current week’s…

Kima has entered into a strategic partnership with Alibaba to facilitate seamless value transfer between ecosystems. As part of this collaboration, Kima will host one of its global nodes on Alibaba Cloud, which will serve as a scalable, secure, and regulatory-ready network. What’s so special about the Alibaba partnership?🤔 Why did Kima partner with Alibaba Cloud? Why Alibaba Cloud?As Kima builds the financial backbone for cross-ecosystem value flow, we knew our infrastructure needed to be as scalable, secure, and reliable as the mission itself.… pic.twitter.com/tCRIZu1guN — Kima Network (@KimaNetwork) June 4, 2025 Alibaba Cloud provides services to enterprise clients, governments,…

The validity of most blocks is confirmed using the Bitcoin Core client. No wonder developers working on Bitcoin Core have some influence on Bitcoin per se. Lately, they have been pushing to remove limits on arbitrary data from blocks (non-monetary data, such as text messages, pictures, and more). Despite the backlash from the Bitcoin community, the Bitcoin Core developers pushed for implementation, arguing with their peers. Citrea is named as the implementation’s stakeholder. Table of Contents What exactly Bitcoin Core is going to change? Conflicting reasoning for the change The community battle What exactly Bitcoin Core is going to change?…

Decentralized finance (DeFi) tokens UNI, AAVE and SKY all rose by more than 20% on optimistic comments from SEC Chair Paul Atkins at a Monday roundtable discussion about the sector. Atkins instructed the regulator to explore exemptions to let decentralized finance (DeFi) firms conduct operations without as many restrictions. “The right to have self-custody of one’s private property is a foundational American value,” he said. The comments are a stark contrast to those made by the previous commission led by Gary Gensler, which was criticized for stifling innovation by imposing restrictive guidance on crypto firms. “Can you imagine a starker…

In the final week of May 2025, Ethereum’s network saw its weekly user engagement reach a new all-time high, according to data from Growthepie. The data shows a record spike in the number of unique wallet addresses interacting with one or more chains within the Ethereum ecosystem. Ethereum Weekly Engagement. Source: Growthepie.com / X Weekly Active Addresses Top 17.4 Million; Layer 2 Networks Lead Growth During the last week of May 2025, the number of unique active addresses hit 17,409,932; a solid 16.95% increase compared to the previous week. The surge pushed Ethereum’s engagement level well above earlier peaks seen…

Momentum, a decentralized exchange built on the Sui blockchain, has secured a strategic funding round at a $100 million valuation led by OKX Ventures. Momentum, a ve(3,3) DEX on Sui, has announced the successful completion of a strategic funding round valued at $100 million. The round was led by OKX Ventures and included participation from Coinbase Ventures, Protagonist, DNA Fund, Gate Ventures, MEXC Ventures, and KuCoin Ventures. The newly raised capital is intended to help scale platform operations, increase liquidity depth, and support the development of new product features aimed at both retail and institutional users. The latest round follows…

On June 7, 2025, Blum marked a pivotal moment with the completion of its airdrop snapshot. The announcement, shared via the project’s official X account underscores its transition from a Telegram-based gaming platform to a hybrid Decentralized Exchange (DEX) with promising token utilities. Following the announcement, the crypto community is keenly focused on the forthcoming details of the $BLUM token airdrop and its tokenomics, anticipated to be unveiled between June 14-20, 2025. This development signals a new phase for the project, building on its foundation of user engagement and innovative blockchain solutions. Blum Snapshot: A Detailed Overview The snapshot served…

Reddit has launched a lawsuit against artificial intelligence firm Anthropic, accusing the company of scraping its platform and using Reddit content without permission to train its Claude AI model. The complaint, filed Wednesday in a U.S. federal court, alleges that Anthropic violated Reddit’s user agreement and continued to access Reddit servers, including doing so more than 100,000 times after publicly claiming to have ceased such activity in July 2024. Reddit is seeking damages, restitution, and a court order barring Anthropic from using any Reddit-derived data in its products, including preventing the company from licensing or profiting off any AI programs…

Robinhood has finalized its $200 million acquisition of Bitstamp, one of the longest-operating cryptocurrency exchanges globally. The all-cash deal, originally announced in 2024, marks a strategic pivot for the retail trading platform as it targets institutional crypto services and international expansion. By acquiring Bitstamp, Robinhood gains immediate access to more than 50 active crypto licenses across Europe, the UK, and Asia — significantly broadening its global regulatory footprint. The acquisition also delivers a ready-made institutional client base, a segment Robinhood had previously struggled to penetrate. The move positions Robinhood to go beyond retail crypto trading and into institutional-grade offerings. These…

VERA, a secure B2B messaging platform, has partnered with decentralized identity infrastructure provider cheqd to bring verified digital identity into business communications. In a press release shared with crypto.news, VERA announced that it has integrated cheqd’s decentralized identity stack, including Verifiable Credentials, AnonCreds, and DID-linked resources. This lets VERA users authenticate counterparties in real time, helping reduce risks in industries like construction, procurement, and finance where fraud and timing are serious concerns. It also allows for fast onboarding of new suppliers, secure sharing of documents, and fraud-resistant invoicing, all through a single, encrypted platform. “cheqd’s infrastructure allows us to not…