Author: NBTC

Sui’s development team, Mysten Labs, stated in their assessment of the project’s future roadmap that Sui’s long-term goal is to build a fundamental blockchain infrastructure that supports global value flow. The team stated that their goal is to create a structure over the next decade where payments, financial asset transfers, and transactions between AI agents and machines can be carried out quickly and efficiently on the same network. According to Mysten Labs, their core goal is to enable “value to flow as freely as information.” To this end, Sui’s infrastructure and protocol design are continuously being developed to enable faster,…

South Korea’s leading cryptocurrency exchanges, Upbit, Bithumb, and Coinone, have announced they have added the Solana-based memecoin Bonk ($BONK) to their delisting watchlist. This decision raises questions about $BONK’s future in the South Korean market and serves as a significant risk warning for investors. Exchanges have announced that $BONK has been added to a “delisting watchlist.” Such lists typically indicate that the asset will be more closely examined in terms of its project structure, market performance, liquidity, regulatory risks, or investor protection. The review process may result in the token continuing to be traded, or it may be delisted entirely…

Authorities in Malaysia have intensified a nationwide crackdown on illegal cryptocurrency mining, seizing more than 75,000 devices across over 3,000 raids since 2022. Deputy Minister of the Interior, Datuk Seri Dr. Shamsul Anuar, announced in Malaysia’s Dewan Rakyat that 629 individuals were arrested over the same period, highlighting the extensive nature of unauthorized activities. How Authorities Are Tackling Electricity Theft in Mining The collaborative efforts involve Malaysia’s Royal Police, the national electricity company Tenaga Nasional Berhad (TNB), and local authorities, specifically targeting illegal practices like electricity theft and power meter tampering. These investigations aim to disrupt operations that alter electricity…

Canadian billionaire Frank Giustra has once again taken aim at the Bitcoin maximalist movement. SkyBridge Capital founder Anthony Scaramucci and Strategy’s Michael Saylor are the most recent targets to come under fire. The Mark Twain warning Earlier today, Scaramucci took to social media to make it clear that he continues to ride with Saylor. Giustra responded with a quote from Mark Twain: “If you’re riding ahead of the herd, take a look back every now and then to make sure it’s still there.” This quote is a warning regarding the dangers of blind allegiance and echo chambers. Giustra implies that…

London-based asset management firm Abraxas Capital has deposited 8,000 $ETH, valued at approximately $14.15 million, into the decentralized lending protocol Aave, according to on-chain data tracked by Onchain Lens. The transaction, executed from an address associated with the firm, marks one of the larger single deposits by an institutional player into a DeFi lending market in recent weeks. Institutional Confidence in DeFi Lending The deposit underscores a broader trend of traditional financial entities utilizing decentralized finance protocols for capital efficiency. Aave allows users to supply assets like Ethereum in exchange for interest payments, while also enabling borrowing against supplied collateral.…

Crypto trader Eugene said he has largely exited the crypto market and moved capital into U.S. equities, citing a lack of compelling opportunities in digital assets. The trader stated that current market conditions do not offer an attractive risk-reward profile and pointed out that he is not interested in increasing exposure to Bitcoin despite recent price weakness. In publicly shared comments, Eugene also expressed a bearish view of Strategy and its executive chairman, Michael Saylor. He argued that the company’s Bitcoin-centered approach may be showing signs of weakness. Because of Strategy’s strong correlation with Bitcoin, Eugene said he would not…

Polygon zkEVM Mainnet Beta sequencer will sunset on July 1, 2026. Wallet-held assets not bridged before the deadline will be auto-migrated to Ethereum L1. Funds locked in DeFi protocols cannot be automatically migrated and may become inaccessible after shutdown. Polygon first announced the sunset timeline in June 2025, providing a 12-month migration window. A dedicated claim interface will be available for eligible wallet-held assets after the shutdown. Polygon Issues Final Reminder Ahead of zkEVM Mainnet Beta Shutdown Polygon Labs has issued a final reminder to users ahead of the planned shutdown of the Polygon zkEVM Mainnet Beta sequencer on July…

$BNB Chain has published a guide for moving assets from a centralized exchange to $BNB Chain, as European crypto users adjust to new rules under the Markets in Crypto-Assets framework. The guide explains how users can hold crypto in their own wallets and connect directly to decentralized apps. Meanwhile, the timing follows the end of MiCA’s transition period on July 1. As previously reported, MiCA now requires crypto firms to hold CASP licenses to keep serving users under the EU rulebook. The change has pushed users to check whether their exchanges can still offer services in the bloc. MiCA took…

Strategy Inc. (NASDAQ: MSTR) shares fell more than 10% Tuesday to $92, a two-year low, as bitcoin cratered below $60,000 and an analyst note from CryptoQuant warned the company has overextended itself and should halt bitcoin purchases before its financial situation deteriorates further. Bitcoin fell to roughly $59,000 on the day, a drop of more than $6,700 or about 5%, its worst single-day loss in months. The selloff sparked a liquidation cascade across crypto derivatives markets, with roughly $1.1 billion in leveraged positions forcibly closed within a 24-hour window. The move pushed bitcoin below the average cost basis for all…

Tron founder Justin Sun announced on X that the total value locked (TVL) of $USDD deposits on the Tron-based DeFi protocol Just ($JST) has surpassed $400 million. The milestone underscores growing demand for stablecoins within the Tron ecosystem and highlights the expanding role of decentralized finance (DeFi) on the network. What $USDD Deposits Mean for Tron’s DeFi Ecosystem $USDD is a native stablecoin of the Tron blockchain, designed to maintain a $1 peg through a reserve mechanism managed by the Tron DAO. These reserves include Bitcoin ($BTC), Tron’s native $TRX token, and $USDT, providing a multi-asset backing intended to stabilize…