Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Cardano Community's Crucial Call to Coinbase: Here's Why

ExchangesSep 17

The Cardano community has made an important call to major crypto exchange Coinbase. This follows a clarification on asset listings made by Coinbase CEO Brian Armstrong in the past week. On Friday, the Coinbase CEO shared with the crypto community that the crypto exchange has published a "Guide to the Digital Asset Listing Process" in a bid to enlighten crypto project users. This, according to the Coinbase CEO, was necessitated by the exchange getting a ton of questions about how and why assets get listed, and in order to boost transparency, the guide was then written. According to the guide,…

Is Ethereum’s DeFi Future on L2s? Liquidity, Innovation Say Perhaps Yes

DeFiSep 17

Ethereum is in the midst of a paradox. Even as ether hit record highs in late August, decentralized finance (DeFi) activity on Ethereum’s layer-1 (L1) looks muted compared to its peak in late 2021. Fees collected on mainnet in August were just $44 million, a 44% drop from the prior month. Meanwhile, layer-2 (L2) networks like Arbitrum and Base are booming, with $20 billion and $15 billion in total value locked (TVL) respectively. This divergence raises a crucial question: are L2s cannibalizing Ethereum’s DeFi activity, or is the ecosystem evolving into a multi-layered financial architecture? AJ Warner, the chief strategy…

Coinbase asks US DOJ to take steps to prevent state enforcement cases

LegalSep 17

Cryptocurrency exchange Coinbase is pressing the US Department of Justice to step in over state-level crypto enforcement after federal regulators abandoned their case against the company earlier this year. In a 14-page letter sent Monday to the Department of Justice (DOJ), Coinbase Chief Legal Officer Paul Grewal said federal officials should take action in response to state-level enforcement directed against cryptocurrency companies. According to Grewal, the DOJ should urge Congress to “step in and enact broad preemption provisions.” “When Oregon can sue us for services that are legal under federal law, something’s broken,” said Grewal in a Tuesday X post.…

Metamask Taps Transak to Power Stablecoin Deposits, Adds mUSD Support

ExchangesSep 17

On Monday, the Web3 and payments infrastructure firm Transak revealed it will exclusively power stablecoin onramping in Metamask’s Deposit button, with upcoming support for metamask usd (mUSD), according to a company statement shared with Bitcoin.com News on Sept. 15, 2025. Transak Becomes Exclusive Onramp for Metamask’s Deposit Flow Transak said Metamask users in the U.S. and European Union can buy stablecoins at near 1:1 rates without leaving the wallet via bank transfers or cards. Support for metamask usd (mUSD) will roll out alongside purchases of Circle’s USDC and Tether’s USDT through its white-label integration. The integration places Transak as the…

Managed DeFi Yield Provider Tesseract Secures MiCA License

DeFiSep 17

Crypto asset management firm Tesseract has secured a Markets in Crypto-Assets regulation (MiCA) license from Finland's Financial Supervisory Authority, offering EU investors regulated, managed yield-generating services via DeFi protocols. Tesseract's MiCA license allows the Helsinki-based firm to offer portfolio management, custody, and asset transfers for both retail and institutional investors, according to a press release shared with The Defiant. Regarding investment thresholds, Tesseract Group CEO James Harris said in commentary for The Defiant that there is no minimum for retail users. For corporate treasuries, starting deposits typically begin around $1 million. The firm says that the license makes it the…

Why Banks Are Fighting the GENIUS Act

LegalSep 17

A major fight has emerged between traditional finance and the cryptocurrency industry over regulation. Banking institutions have been pushing against stablecoins, arguing that they would drain deposits. However, crypto advocates claim that banks are actually concerned about losing profits. Banks claim stablecoins will drain deposits and harm lending, but there’s no evidence supporting this. Bank attacks on the bipartisan GENIUS Act and on @POTUS’s crypto agenda aren’t about stability—they’re about protecting $187B in payment fees. Stablecoins modernize payments and… — Faryar Shirzad 🛡️ (@faryarshirzad) September 16, 2025 Why banks might be worried Faryar Shirzad, chief policy officer at cryptocurrency exchange…

Could Axiom Rival Established Crypto Exchanges? A Deep Dive

ExchangesSep 17

Axiom, a trading platform focused on decentralized finance, has drawn attention in the crypto space since its launch in early 2024. Built to simplify on-chain trading, it combines wallet functionality with advanced tools for buying and selling assets. As the platform reports strong revenue growth and recent feature enhancements, questions arise about its ability to compete with established players. This article examines Axiom's background, performance metrics, and key offerings. Founding and Backing Axiom was co-founded by Henry Zhang and Preston Ellis, both 22-year-old computer science graduates from the University of California, San Diego. The duo started the project in 2024,…

Maple’s $200 Million Plasma Vault Gets Filled Instantly

DeFiSep 17

Asset manager Maple Finance’s launch of syrupUSDT on Plasma got off to a fast start, with the pre-deposit vault hosted by Midas almost full just after opening at 9 am EST on Tuesday. Prior to the website accepting deposits, the $200 million vault had already pulled in $199.91 million, or 99.95% of its cap, as users piled in directly through the smart contracts. Deposits are locked for two months with a minimum size of $125,000, per Maple’s website. syrupUSDT Pre-deposit vault The solid demand is likely due to the vault offering rewards connected to Plasma’s upcoming mainnet launch and token…

US House to consider retroactive CBDC ban in market structure bill

LegalSep 17

The US House of Representatives may have a shorter legislative path to bar the Federal Reserve from issuing a central bank digital currency (CBDC) by using a market structure bill it passed in July. In a Monday hearing of the House Rules Committee, a draft agenda showed a proposal to add the text of the Anti-CBDC Surveillance State Act — also passed by the chamber in July, albeit by a narrow margin — to the Digital Asset Market Clarity Act. The engrossment method would add the CBDC bill to the final version of the existing market structure bill sent to…

Bitcoin Dominates Crypto Purchases in Nigeria, South Africa

ExchangesSep 17

Sub-Saharan Africa saw a major spike in crypto activity in March, reaching $25 billion in monthly on-chain volume—driven largely by Nigeria’s centralized exchange usage. Nigeria Fuels Sub-Saharan Africa’s Crypto Growth In March, Sub-Saharan Africa (SSA) saw a sharp surge in cryptocurrency usage, with monthly on-chain volume reaching nearly $25 billion, its highest since the beginning of the year. According to the blockchain security firm Chainalysis, this spike in activity defied a downward trend that was prevailing in other regions at the time. In the two months that followed, however, the SSA region’s total monthly value received dropped to approximately $20…