Author: NBTC
On Thursday, memecoin traders panicked as their sell buttons stopped working. In the Discord chat for Axiom, a popular trading platform that integrates with Solana-based memecoin generator Pump Fun, administrators admitted, “If you need to sell you can only do so on Pump Fun’s website.” Users reacted using the skull — or “dead” — emoji 166 times and threw up the middle finger emoji 44 more. Hundreds of complaints rained in as Axiom traders panicked to get out of positions, lost money, and requested refunds. Support tickets piled up beyond the abilities of normally responsive customer support agents. Screenshot of…
A recent Bank of America (BofA) Global Fund Manager Survey shows that institutional investors remain largely absent from crypto discussions. The BofA survey polled 211 managers overseeing $504 billion in assets, suggesting that crypto allocations remain more symbolic than strategic. Bank of America Survey: 97% of Big Money Still Dodges Crypto According to the August survey, an overwhelming majority of fund managers reported zero crypto exposure. Among the small fraction who do hold digital assets, the average allocation was just 3.2% of their portfolios. Vast majority of investors in BofA global fund manager survey have *zero* crypto exposure…Of small %…
Coinone launches Korea’s first Bitcoin staking, letting users earn BABY tokens flexibly. Investors could stake BTC without a lockup, deposit, or withdraw anytime during the period. Bitplanet forms South Korea’s first Bitcoin treasury, pledging $40M in immediate buys. Coinone, a notable South Korean exchange, has announced the first option to stake Bitcoin in the country. The service, unveiled on Friday, lets users earn rewards while keeping their coins accessible. Built on the Babylon protocol, which secures decentralized networks, the launch reflects both market innovation and the nation’s accelerating adoption of Bitcoin. The service allows investors to stake Bitcoin while maintaining…
Tether’s latest reserves report reveals a stablecoin issuer operating on a scale typically reserved for nations. According to its Q2 2025 attestation from BDO, the company holds $162.57 billion in assets, surpassing its liabilities of $157.11 billion, resulting in a $ 5.46 billion surplus. This cushion, above what’s needed to redeem all tokens, is rare in the stablecoin market—and almost unheard of in crypto. Recent data from Messari highlights Tether’s scale: with $127 billion in U.S. Treasuries, it now holds more than South Korea, Germany, and the UAE, ranking as the 18th largest holder of U.S. government debt globally. Tether…
Bybit has added tokenized gold (XAUT) to the TON blockchain, allowing deposits and withdrawals via XAUT0. The integration promises faster and lower-cost transactions, giving traders, investors, and institutions more ways to manage digital gold. Faster, Cheaper, and Flexible Transactions According to the exchange, the TON network integration reduces fees and accelerates settlements for XAUT users. “By enabling this new channel for deposits and withdrawals, we are expanding the utility of tokenized gold and giving our users more flexibility in how they interact with digital assets,” a Bybit spokesperson said. The addition aims to also support interoperability with the TON ecosystem,…
According to Gemini’s S-1 filing, one of the leading US exchanges has entered into a credit agreement with enterprise blockchain company Ripple Labs. The agreement makes it possible for Gemini to draw funds from Ripple via a credit facility. Gemini’s borrowings will bear interest of up to 8.5% per year. $75 million borrowing cap The aforementioned S-1 filing shows that Gemini is already using the credit line for liquidity purposes. The exchange can borrow in increments of $5 million or more from a total sum of $75 million. However, the initial cap can be increased up to $150 million based…
OKX has expanded its onchain wallet and services to users across Europe, aiming to simplify access to decentralized finance and applications. The company said the launch gives users self-custody, security verification, deep liquidity, and seamless access to thousands of decentralized apps (dApps). The rollout comes as DeFi spreads across more than 150 blockchains and transaction costs fall to a fraction of earlier levels. OKX Is Expanding Market Access At the core of the new offering is self-custody. OKX Wallet allows users to hold their own private keys and assets, with no intermediaries. The firm highlighted an independent security ranking from…
Today, TomTalk, a Web3 social platform, announced a strategic collaboration with NexFi, a crypto payment platform. TomTalk entered into this partnership to further allow its users to make transactions and engage in different growth opportunities using cryptocurrencies and stablecoins. Millions of TomTalk customers worldwide can now use their in-game assets to interact with various crypto assets and stablecoins operating on top of the NexFi platform. TomTalk is a Web3 social platform that offers enjoyable decentralized games and empowers people to monetize their music and conversations, presenting an innovative way of digital ownership. On the other hand, NexFi is a next-gen…
Wall Street ramped up its exposure to bitcoin in the second quarter, adding positions not only in spot bitcoin exchange-traded funds (ETFs) but also in U.S. stocks closely tied to the cryptocurrency’s price, according to new filings with the Securities and Exchange Commission (SEC). Brevan Howard nearly doubled its position in BlackRock’s iShares Bitcoin Trust (IBIT) during the second quarter, according to a securities filing. The macro-focused hedge fund held 37.9 million shares at the end of June, up from about 21.5 million in March. The stake was worth more than $2.6 billion based on IBIT’s closing price on June…
The decentralized exchange (DEX) segment also experienced a healthy increase in the volume of weekly exchanges, reaching total volume at $164.79 billion by August 29, 2025. TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Uniswap #PancakeSwap #Hyperliquid #Orca #Aerodrome #Raydium #Meteora #Curve #LFJ pic.twitter.com/0pqfMl9fW9 — PHOENIX – Crypto News & Analytics (@pnxgrp) August 29, 2025 This value indicates a 21.14 percentage change over last week, which shows a new wave of decentralized finance (DeFi) trading activity. Centralized exchanges (CEX) continue to hold a dominant role, DEXs currently have a larger place in total market volume and this underscores the increasing relevance…