Author: NBTC

Sygnum Bank is now allowing clients to use staked SOL as collateral for multi-currency loans, as institutional demand drives a doubling in its crypto lending volume. Swiss digital crypto-friendly bank Sygnum has added staked Solana (SOL) to its portfolio of tokens eligible as collateral for Lombard loans, allowing clients to access fiat liquidity while continuing to earn staking rewards. In a Thursday blog announcement, the Swiss bank said the new feature applies to loans in Swiss francs, euros, Singapore dollars, and U.S. dollars. The new update allows Sygnum clients to unlock liquidity from their staked Solana holdings while continuing to…

Attention, cryptocurrency traders and holders! If you interact with the MAGIC token on the South Korean exchange Upbit, there’s an important update you need to be aware of. Upbit has announced a temporary halt on all MAGIC deposits and withdrawals, directly impacting users ahead of a significant network transition for the token. Why is Upbit Announcing This Crucial MAGIC Deposit Suspension? The core reason behind Upbit’s decision is a planned network transition for the MAGIC token. According to an official announcement on the exchange’s website, MAGIC is migrating from its current network, Treasure Chain, over to the Ethereum network. This…

SFT Protocol, a popular decentralized ecosystem to develop scalable and secure Decentralized Physical Infrastructure Network (DePIN) solutions, has collaborated with AI Telegraph, famous platform merging crypto and AI technologies. The Partnership is focused on expanding possibilities in rapidly growing innovation in Web3 and Decentralized Finance + Artificial Intelligence (DeFAI). The platform took to its official X account to disclose this development. Exciting Partnership Unveiled! ✨🚀 We’re thrilled to team up with @AITG_Terminal, the powerhouse behind AI Telegraph — a game-changing platform pioneering the future of DeFAI through autonomous AI Agents and intelligent crypto insights!From launching the first AI-powered… pic.twitter.com/aDwNIDhG63 —…

VeChain is set to advance tokenization with a new human behavior concept. The protocol has pioneered tokenization adoption since its inception. VeChain founder and CEO Sunny Lu has revealed that the blockchain network is currently focused on tokenizing human behavior. VeChain’s new focus aligns with its effort in real-world asset tokenization since 2017. VeChain Unveils New Infrastructure In a recent interview, Sunny Lu highlighted VeChain’s history with Real-World Asset (RWA) tokenization. He said no one cared about RWA in 2017, but VeChain embraced the sector, working with several initiatives. VeChain collaborated on food safety with a dairy traceability project in…

Binance continues to expand its derivatives offerings with the announcement of a new listing on its futures platform. Binance Futures to Launch SOONUSDT Perpetual Contract with Up to 50x Leverage The exchange will launch the USDⓈ-margined SOONUSDT perpetual contract on May 23, 2025, at 11:30 AM, providing traders with access to up to 50x leverage on the newly listed pair. The SOONUSDT contract will join Binance Futures’ roster of perpetual contracts that aim to offer users more diverse trading opportunities and enhanced flexibility. According to the official announcement, tick size specifications will be revealed 15 minutes before the contract launch,…

Anton Bukov, co-founder of 1inch, a decentralized exchange, has explained that operating procedures in DeFi are much cheaper than those that traditional banks use. During Dutch Blockchain Week in Amsterdam, Bukov explained that verifying documents and setting up accounts for a user at a traditional bank can cost $100-300. In comparison, online banks incur only $20-30 per user. Alternatively, using decentralized financial platforms is as easy as having a smartphone and an internet connection. According to Bukov, Defi can be used with little or no upfront cost. Since no equipment is involved and the system doesn’t require extended verification, transactions…

Bybit and international hedge fund Imrat Group have announced a partnership enabling crypto traders to buy stocks directly with USDT. International hedge fund Imrat Group and crypto exchange Bybit are joining forces to offer stocks on Bybit’s platform. On Friday, May 23, the two companies announced a partnership enabling users to trade stocks and other instruments using the USDT stablecoin. According to Imrat Group, Bybit will allow its users to trade major global stocks and IPO/ICO products with leverage. Notably, traders will be able to purchase major U.S. stocks like Apple, Tesla, Nvidia, and Amazon, without ever converting their crypto…

Cryptocurrency trader and analyst Kevin Svenson is leaning bullish on Bitcoin (BTC) amid the flagship digital asset’s rise over the past two weeks. In a new strategy session, Svenson tells his 82,800 YouTube subscribers that Bitcoin is demonstrating strong bullish momentum on the daily time chart. “Bitcoin not giving up any of the pumps. We pump up, we go sideways, we pump up, we go sideways. And now pumping up again. It’s looking really good.” Svenson also says that Bitcoin has confirmed a breakout on the four-hour chart and is poised to go higher based on signals from the Relative…

The Memecoins Making Waves on Sui… Memecoins have taken the crypto world by storm, blending humor, community spirit, and blockchain innovation. The Sui Network, a high-speed Layer-1 blockchain, has become a hotbed for memecoins that combine quirky narratives with DeFi potential. Unlike traditional cryptocurrencies, memecoins thrive on relatability and viral appeal, often inspired by animals or internet culture. In this article, we explore the top five memecoins on Sui—LOFI, HIPPO, BLUB, FUD, and MIU—based on their community engagement, unique features, and ecosystem contributions. These tokens are ranked by their prominence in the Sui ecosystem, as reflected in recent market cap…

TL;DR In 2024, Travala reached $80 million in bookings paid with cryptocurrencies, a 78% increase compared to the previous year. Nearly 80% of current bookings are paid in digital assets, with Binance Pay emerging as the most used external payment method, surpassing bank cards and Apple Pay. Crypto-using travelers spend more, stay longer, and show higher loyalty to destinations like Dubai, Bangkok, and Mexico City. Tourism and cryptocurrencies are no longer separate worlds. The latest data shared by Travala and Binance Pay confirms that payments with digital assets are no longer a rarity: they have become a preferred option for…