Author: NBTC

Astar Network is asking for community feedback on its latest proposal, suggesting a shift in its ASTR tokenomics from a dynamic inflation model to a fixed maximum supply model. On May 16, Astar Network (ASTR) raised attention to its forum proposal on its official X account. Posted on the protocol’s official blog, the proposal consisted of a third update to its tokenomics, which would include a change to its current token supply model. “A forum proposal exploring a fixed supply model is currently under discussion. Community voices are encouraged as we rethink Astar’s future,” wrote the protocol in its post.…

Speaking at the SEC Speaks conference, U.S. Securities and Exchange Commission (SEC) member Hester Peirce called for a new era in the regulatory approach to crypto assets. Peirce has proposed a time-limited “safe harbor” proposal that would see cryptocurrency projects exempt from securities regulations under certain conditions. Hester Peirce: “There Should Be a Certain Period of Time for Cryptocurrencies Not to Be Considered as Securities After Their Launch” According to Peirce’s proposal, crypto assets that could be included in the scope of investment contracts could be exempted from SEC registration obligations for a limited period of time if they meet…

XRP futures contracts began trading on CME Group’s derivatives platform on May 19, recording at least $1.5 million in trading volume during the first session, a modest but notable debut for the major token. CME data shows 4 standard contracts (each representing 50,000 XRP) traded on day one, totaling around $480,000 in notional volume at an average price of $2.40. The majority of activity came from 106 micro contracts (2,500 XRP each), accounting for over $1 million in additional volume.The contracts are cash-settled and benchmarked to the CME CF XRP-Dollar Reference Rate, which is published daily at 4:00 P.M. London…

In a demo transaction, developers from smart contract operating system BitcoinOS (BOS) claim to have sent 1 BTC from a Bitcoin wallet to a Cardano wallet and back without relying on traditional bridge infrastructure, touting it as the first “bridgeless cross-chain transfer.” “Crypto users don’t use BTC beyond the existing functionality,” not because they value simplicity, but because “they don’t have any other options,” Edan Yago, co-founder and core contributor at BOS, told Decrypt. Compared to Ethereum and Solana, the use of Bitcoin as a programmable layer, despite it being “the most valuable crypto asset,” is much lower because “users…

For the fifth consecutive week, digital asset investment products attracted inflows, amounting to $785 million. This pushed total inflows for the year to $7.5 billion, eclipsing the previous high of $7.2 billion seen in February. The influx has now erased the $7 billion in outflows from the February-March downturn. Interestingly, Ethereum stood out with strong performance. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, Ethereum experienced $205 million in inflows last week, bringing its year-to-date total to $575 million. This was indicative of a renewed investor confidence after the Pectra upgrade finally went live on…

Crypto.com has partnered with Canary Capital Group to launch the Canary CRO Trust, the first U.S.-based investment product offering regulated exposure to its native token Cronos. Singapore-based crypto trading platform Crypto.com has partnered with Canary Capital Group to launch the Canary CRO Trust, marking the first investment product in the U.S. that provides exposure to the Cronos (CRO) token. This new trust allows qualified U.S. investors to hold CRO in a regulated and secure manner. The partnership with Canary Capital comes on the heels of Crypto.com’s previous collaboration with Trump Media & Technology Group to introduce a series of digital…

Ripple’s $125M penalty reduction request denied by Judge Torres, stalling a proposed SEC settlement. A final Ripple win could set a legal precedent, allowing banks and institutions to adopt blockchain for core financial functions. The ongoing legal battle between Ripple Labs and the U.S. SEC has reached a critical juncture. On May 8, 2025, Judge Analisa Torres denied a joint motion from both parties seeking an indicative ruling to reduce Ripple’s $125 million penalty to $50 million and to release associated escrow funds. The court deemed the motion “procedurally improper,” effectively stalling the proposed settlement. Despite this setback, Ripple’s Chief…

Binance has asked a Delaware bankruptcy judge to toss out a $1.76 billion lawsuit brought by the FTX estate, saying that the defunct crypto platform is attempting to “shift the blame” for its collapse away from founder Sam Bankman-Fried and onto his competitors. Binance Holdings Ltd. said the complaint is “legally deficient” and cannot plausibly link Binance or its former CEO Changpeng Zhao to FTX’s downfall, in a motion to dismiss filed last Friday. “Plaintiffs are pretending that FTX did not collapse as the result of one of the most massive corporate frauds in history,” the filing said, noting that…

A team of Coinbase alumni has raised $11 million to debut True Markets, a stablecoin-native DeFi app offering real-time execution and self-custody on Solana. True Markets, a new mobile-focused non-custodial startup founded by former Coinbase executives Vishal Gupta and Patrick McCreary, has raised $11 million to bring its stablecoin-native, mobile-first DeFi app to iPhones, pushing total funding to $20 million as it bets on Solana for faster, safer crypto trading. The round was co-led by Accomplice and RRE Ventures, with additional backing from Reciprocal Ventures, Variant Fund, and PayPal Ventures, according to a press release shared with crypto.news. Founded by…

Ethereum’s supply on centralized exchanges has dropped to its lowest level in over 10 years, as large holders and institutions continue to accumulate the asset. According to a May 19 update by Santiment, less than 4.9% of Ethereum’s (ETH) total supply is now held on exchanges, a record low in the network’s 10+ year history. Santiment noted that over the last five years, 15.3 million ETH have been withdrawn from centralized trading platforms. 📉 Ethereum has under 4.9% of its supply on exchanges for the first time in its 10+ year history. And Bitcoin’s supply on exchanges is down to…