Author: NBTC

Yield Guild Games (YGG), the web3 gaming guild that pioneered play-to-earn gaming, is sunsetting its game publishing arm YGG Play, affecting 35 jobs, co-founder Gabby Dizon said on X Monday. YGG will pay departing staff eight additional weeks during the transition and help them find new roles, Dizon said. YGG Play’s games, including LOL Land and Waifu Sweeper, and the YGG Play platform itself, will stay live until July 31 before going offline. GIGACHAD BAT will move to delabs Official, while Ragnarok Breaker will continue under Planetarium HQ, according to Dizon’s post. YGG’s official account confirmed the decision separately, framing…

Revolut, the UK-based fintech juggernaut, has started onboarding select users in India from a waitlist that has swelled to roughly 450,000 people. The beta rollout, which kicked off quietly in mid-May 2026, is the opening act before a broader launch planned for the second quarter of this year. India’s digital payments landscape is projected to exceed $10 trillion by 2026, making it one of the most attractive fintech battlegrounds on the planet. What Revolut is building in India The initial product offering centers on domestic and international payments. Revolut has integrated with India’s Unified Payments Interface alongside Visa for card-based…

Bitcoin briefly fell below $60,000 due to outflows from US spot ETFs, a more hawkish Fed, and a stronger dollar. While the decline is raising concerns that it could turn into a prolonged bear market, some analysts suggest that the bottom may be near. At this point, Glassnode noted that Bitcoin was showing signs of bottoming out at $60,000 amidst its downtrend. Glassnode’s weekly report stated that while Bitcoin continues its downtrend, signs of a market bottom are beginning to emerge. The report states that $BTC is trading below the Real Market Average Price (RPP) of $77,000, which is the…

Aave [AAVE] V4 has reached an important adoption milestone, highlighting continued demand despite a challenging DeFi environment. The protocol has now surpassed $250 million in deposits, reflecting strong early traction for its upgraded lending infrastructure. This growth was driven by improvements in capital efficiency, enhanced risk parameters, and expanded lending options to attract additional liquidity. As well as growing the amount of deposits, it is also essential that the quality of these deposits remain high. Source: Aave on X Some portion of the deposits to V4 were due to users moving their previous positions from V3. Yet, they did not…

Ethereum is trying to reclaim a key support area, and analysts say holding above $1,750 could keep the recovery alive. Even if $ETH pulls back first, a strong defense of $1,660-$1,720 could set up the next move toward $1,900-$2,100. Ethereum Retake of February Low Could Open Path Toward $2.1K Ethereum is trying to reclaim its February low, and analysts are watching daily closes above this area for confirmation. If $ETH can consolidate above $1,750, the next major upside zone could sit near $2,100. $ETH/USD daily chart. Source: Daan Crypto Trades on X, TradingView The chart shows $ETH rebounding from the…

Spot Bitcoin and spot Ethereum exchange-traded funds (ETFs) traded in the US were affected by investor outflows on June 18. According to the latest data, both Bitcoin and Ethereum-focused ETFs recorded net outflows for the second consecutive trading day. This is seen as one of the developments indicating a short-term weakening of institutional investor appetite in the cryptocurrency markets. According to the data, a total net outflow of $90.7 million occurred from US spot Bitcoin ETFs. The largest daily outflow was seen in BlackRock’s iShares Bitcoin Trust (IBIT) fund, one of the world’s largest asset management companies. $96.7 million was…

SkyEcosystem recently announced its position as the largest issuer of tokenized funds, holding an 18.4% market share. This information was shared on Twitter by Token Terminal, highlighting a significant trend in the cryptocurrency sector. Inside the Move The broader crypto market is currently experiencing mixed signals, with varying momentum across major assets. Amid this backdrop, SkyEcosystem has emerged as a leader in tokenized funds, leveraging a network of Agents to capitalize on a growing demand for yield-bearing assets. The shift towards tokenized funds as a dominant category reflects a broader trend of capital rotation from non-yielding stablecoins, which could indicate…

Y Combinator, the influential Silicon Valley startup accelerator behind companies like Coinbase and Stripe, is urging lawmakers to pass the CLARITY Act, a bill that would establish a clear legal framework for classifying digital assets as securities or commodities. The firm argues that without such clarity, blockchain-based financial services remain tethered to legacy systems, limiting their potential for global, real-time commerce. What the CLARITY Act Would Do The CLARITY Act is designed to resolve one of the most persistent ambiguities in U.S. crypto regulation: whether a given token falls under the jurisdiction of the Securities and Exchange Commission (SEC) or…

Decentralized finance protocol Summer.fi has paused its Lazy Summer vaults after an exploit that drained about $6 million from the Ethereum-based yield platform, according to the project and several blockchain security firms. Lazy Summer is an automated yield platform that routes deposits across lending markets such as Aave and Morpho in search of higher returns while handling rebalancing on behalf of users. The incident was first flagged by blockchain security firm Blockaid, with PeckShield and CertiK also reporting suspicious activity. Summer.fi later confirmed it was investigating the attack and said protocol guardians had paused affected vaults to prevent additional losses.…

Ethereum traded near $1,764.43 on July 5, according to crypto.news market data. The token was up 0.2% over 24 hours and 11.58% over seven days. Its market cap stood near $212.91 billion, while 24-hour volume was about $11.16 billion. The latest daily range showed $ETH moving between $1,751.18 and $1,801.59. That placed the token close to the $1,800 resistance area after a recovery from the June low near $1,500. $ETH/USDT remains in a broader downtrend from the May highs. Still, the short-term chart has improved after buyers defended the $1,500 region and pushed price back above $1,700. Liquidation clusters keep…