Author: NBTC

The Bank for International Settlements (BIS) has tested the $XRP Ledger as a public verification layer for economic statistics. With the help of the blockchain, the BIS has created a permanent record that can show whether a published dataset has been altered. Verification problem How can someone who downloads an official statistics file be certain that it is the same file published by the issuers? Official statistics are mostly distributed through digital platforms and consumed by automated systems, including AI tools. The BIS notes that SDMx, the standard used to exchange official statistics, helps institutions publish and distribute data, but…

Michael Saylor has warned that changes to Bitcoin’s consensus rules pose a greater long-term threat than rival cryptocurrencies, governments, or external competition. Saylor warns against capturing Bitcoin consensus Strategy Executive Chairman Michael Saylor issued the warning in a series of X posts on Tuesday, describing Bitcoin’s consensus rules as its constitution. Those rules determine how ownership is recognized, how scarcity is maintained, how transactions settle, and what network participants can change. Bitcoin has won. Now it must survive victory.Its gravest threat is not an enemy at the gates, but corruption from within: factions that invent pretexts, rewrite the rules, and…

Nomura’s digital asset subsidiary will set the risk parameters for institutional lending markets running on DeFi rails, with the first of them readied for Euler Finance. Laser Digital and Keyring Network have not disclosed the committed capital, fee split, launch date, or named borrower or lender. The two companies have described a framework and said the first markets are ready. Under the arrangement, Keyring supplies the infrastructure and tooling for specific lending and borrowing markets, including access verification, quantitative risk parameterisation and liquidation framework design. Laser Digital’s asset management division takes the role the companies call risk governor, contributing governance…

Cardano founder Charles Hoskinson has criticized the relaunched TapTools, saying the platform no longer resembles the high-quality analytics website he once used as part of his daily routine. For context, TapTools initially announced its shutdown in June after facing significant internal and financial difficulties. As reported earlier, the platform had lost its fifth senior executive within a year, with departures involving key positions such as chief technology officer and chief operating officer, as well as co-founders. However, TapTools later reversed its decision yesterday and announced its return with the message, “We’re back.” The announcement initially sparked excitement among some Cardano…

The National Statistical Office (NSO) of India has released the Consumer Price Index (CPI) report today. The report revealed that the country’s retail inflation surged to 4.45% in July, up from 4.38% in June. Although the inflation rate is slightly below the expected 4.5%, July marks another month of rising prices in India. Now, all are watching the potential monetary policies of the Reserve Bank of India (RBI). As inflation rates remain elevated, the RBI is likely to take a cautious approach to further rate cuts. This could have significant implications for the country’s rupee and the crypto market. How…

Arthur Hayes has proposed allocating roughly 20% of Flop Network’s FLOP token supply to testnet participants over 10 years as part of a self-funded decentralized computing network for artificial intelligence agents. Arthur Hayes said in an Aug. 19 Substack article that Flop Network would connect AI agents seeking computing power with miners operating internet-connected hardware, using FLOP as the network’s payment and reward token. The BitMEX co-founder described the proposed system through a fictional creation story, but the article also provided new information about the project’s token distribution, economic model, and intended users. Hayes said the token launch would follow…

The U.S. Commodity Futures Trading Commission (CFTC) has issued a public warning about the risks associated with cryptocurrency ATMs, highlighting the irreversible nature of transactions and the potential for these machines to obscure the identities of counterparties. The advisory, reported by Crypto Briefing, comes as crypto ATMs become increasingly prevalent in everyday locations across the United States, including gas stations, convenience stores, and shopping malls. Understanding the CFTC’s Concerns The CFTC’s warning focuses on two primary risk factors. First, crypto ATM transactions are generally irreversible, meaning that once funds are sent, they cannot be recovered, even if the transfer was…

The U.S. Securities and Exchange Commission (SEC) has initiated a public comment period on a proposal by CBOE BZX Exchange to list the first leveraged exchange-traded funds (ETFs) in the United States tied to three times the daily returns of Bitcoin and Ethereum. The filing, published by the regulatory body, marks a significant step in the ongoing integration of digital assets into mainstream financial products. What the CBOE Proposal Includes CBOE BZX, the equities exchange arm of the Chicago Board Options Exchange, submitted a rule change proposal to list six leveraged ETFs. These include a 3x Bitcoin ETF, a 3x…

Pyth Network has unveiled a new batch of 24/7 indices that price major companies like Amazon, Meta, Palantir, and Oracle continuously. This announcement, shared via Twitter, marks a significant step in providing real-time financial data, which could greatly impact the ongoing discussions around ETFs and trading strategies in the cryptocurrency landscape. What Went Down While most altcoins traded sideways today, Pyth Network broke ranks with its announcement of new 24/7 indices. These indices will include major players such as Amazon, Meta, Palantir, Oracle, and Samsung. The introduction of continuous pricing for these assets could reshape market dynamics, especially in the…

The crypto market is once again filled with speculation over whether Bitcoin has reached its cycle bottom. Recent exchange shutdowns have been fueling a popular narrative that such failures are a sign of a market turning point. Crypto analyst Joao Wedson, however, said the data does not support that conclusion. Debunking Popular BTC Bottom Theory Wedson said only nine crypto exchanges and trading platforms have announced or completed shutdowns so far in 2026. This makes it the lowest annual total recorded in at least eight years and significantly below the number seen during the previous market cycle. According to the…