Author: NBTC

Exodus Movement, the crypto wallet provider, reported a net loss of $18.6 million for the second quarter of 2025, a sharp reversal from the $37.7 million net income it posted in the same period last year. The company’s revenue rose 2% year over year to $26.2 million, according to a report by The Block. Acquisitions and Revenue Mix The latest results include two months of contributions from payment infrastructure firms Monavate and Baanx, which Exodus acquired earlier this year. These acquisitions are part of Exodus’s strategy to expand beyond its core wallet business into broader financial services, including card issuance…

Five federal banking regulators want stablecoin issuers to know exactly who their customers are, but the crypto industry’s biggest lobbying group says that requirement should stop at the issuer’s front door. The Blockchain Association has told U.S. agencies that stablecoin identification rules should apply only when an issuer directly onboards a customer, not when tokens change hands afterward on the open market. Key takeaways Five federal agencies — FinCEN, the OCC, the Federal Reserve, the FDIC and the NCUA — jointly proposed customer identification standards for payment stablecoin issuers in June 2026. Issuers would need to collect names, addresses, birth…

A wallet estimated to be linked to the Solana-based memecoin launchpad Pump.fun has transferred 72,252.69 $SOL—worth roughly $6.3 million—to the cryptocurrency exchange Kraken. The transaction occurred over a 15-minute window, according to on-chain analyst ai_9684xtpa, who shared the details on X. First Large Exchange Deposit in a Week The deposit marks the first significant movement of funds from this particular wallet to an exchange in the past seven days. On-chain observers suggest the transfer may be intended for routine selling, although no definitive intent has been confirmed. Large deposits to centralized exchanges are often interpreted as a precursor to selling,…

Centrifuge and LI.FI announced a partnership on August 31, 2026 aimed at making tokenized assets easier to discover, access, and use across different blockchain networks. Centrifuge is a tokenization and onchain asset management platform with more than $1.6 billion in assets under management, while LI.FI is a liquidity orchestration platform powering more than 1,000 integrations across the crypto industry. Why This Partnership Exists Tokenized assets already live onchain, but capital remains fragmented across different networks, wallets, and applications, which limits how easily investors can reach them, according to Centrifuge’s announcement of the partnership. The two companies are addressing that fragmentation…

Bitcoin $BTC$63,174.72 has come under pressure since the U.S. stock market closed Monday, with South Korea’s Kospi leading Asian equities lower and providing risk-off cues to the cryptocurrency market. $BTC has fallen to $63,200 from nearly $65,000, a 2.7% decline that has spilled over into the broader crypto market and dragged down the likes of ether (ETH), $XRP ($XRP), solana (SOL), and others. The drop ends the brief resilience the market showed earlier Monday as shares in NVDA tanked on Wall Street. The Senate has shelved the CLARITY Act to prioritize a Russia sanctions bill, making a vote on the…

Bitwise Research Head Ryan Rasmussen said the stablecoin market could grow many times larger than its current size in the coming years. In a recent interview, Rasmussen predicted that the stablecoin market, currently at around $300 billion, could reach between $3 trillion and $5 trillion. Rasmussen argued that investors, in particular, have not adequately priced in Circle’s growth potential. He stated that Circle, given its current market share and position, could significantly benefit from clearer stablecoin regulations in the US, and that the company would go beyond being merely an issuer of stablecoins. According to a Bitwise executive, payment infrastructure…

$XRP saw strong activity in Q2 2026, with institutional interest, stablecoin adoption, and RWA tokenization driving growth across the $XRP Ledger (XRPL) ecosystem. According to Blockworks’ State of $XRP: Q2 2026 report, $XRP ETPs attracted $253.6 million in net inflows during Q2, a 45.1% increase from the $174.8 million recorded in Q1. May and June were particularly strong, generating $141.9 million and $111.5 million in net inflows, respectively. Cumulative net inflows since the launch of the first U.S. spot $XRP ETF in November 2025 surpassed $1.90 billion. However, quarter-end ETP assets under management fell 17.1% to $1.99 billion, reflecting $XRP’s…

In brief A federal jury has convicted Japheth Dillman of wire fraud and conspiracy over the collapse of crypto fund Block Bits Capital. He told investors the fund’s automated trading software was complete and working when he knew it was not. He and a co-conspirator used the money to pay themselves and make speculative bets that lost heavily. A federal jury in San Francisco has convicted the founder of a cryptocurrency trading fund of wire fraud and conspiracy, after prosecutors showed he sold investors on trading software he knew did not work, the Justice Department said on Monday. Japheth Dillman,…

Hyperliquid ($HYPE) is trending again amid a historic mention. President Trump said on August 19 that the CFTC is working to bring Hyperliquid into the U.S. “in a fully compliant and legal fashion.” $HYPE, Hyperliquid’s token, jumped by over 25%. Meanwhile, the bigger story for traders may not be Hyperliquid at all. It’s what happens if the same regulatory door opens for every decentralized perpetual exchange (perp DEX), not just one. Why This Isn’t Just a Hyperliquid Story A perp DEX is a decentralized exchange that lets traders bet on crypto prices using leverage, without an expiration date on the…

If you hold Wrapped TON on Ethereum or on $BNB Smart Chain, you are facing a closed door today. The old TON bridge at bridge-v3.ton.org is being shut down permanently as of September 1, 2026. The wrapped token does not disappear from your wallet as a result, but the route by which it can be turned back into real Toncoin is no longer being operated. How much is affected had not been published anywhere. So we counted on the morning of the deadline: at 06:56 UTC, Ethereum and $BNB Smart Chain together held 11,344,908.81 Wrapped TON in wrapped form. Two…