Author: NBTC

Japanese cryptocurrency exchange bitbank has introduced an Ethereum ($ETH) staking service, allowing customers to earn rewards on their holdings without a separate lock-up period. The service, first reported by CoinPost, is designed to simplify participation for users who want to generate yield from their $ETH directly within their existing exchange account. How the staking service works According to the announcement, users can participate by holding $ETH in their bitbank account, agreeing to the staking service terms, and enabling reward receipt settings. The estimated annual yield for customers is 1.78%, with rewards distributed every Monday around 11:00 p.m. UTC. Notably, the…

The American mutual fund Kinetics Internet Portfolio, which has $275 million in assets and is part of Kinetics Portfolios Trust, has acquired a direct equity stake in Ripple Labs Inc. The investment was disclosed in the fund’s quarterly Form NPORT-P report filed with the U.S. Securities and Exchange Commission (SEC). According to the document, the fund owns Class A common shares (Class A Common Shares) issued by Ripple. SEC Form NPORT-P filing confirming Ripple Labs equity ownership by Kinetics Portfolios Trust. Source: SEC.gov The distinctive aspect of the transaction is that the institutional investor invested directly in the company —…

The Lisk team has unveiled a governance proposal to halt DAO operations and burn 100 million LSK tokens. If approved, the total supply of LSK would drop from 400 million to 300 million, marking a significant reduction in circulating tokens. Details of the Proposal The proposal targets the 100 million LSK that were allocated to the DAO treasury for the period 2027–2033. These tokens would be burned, effectively removing them from circulation permanently. In addition, around 47 million LSK currently in the DAO treasury or allocated through 2026 would be transferred to Lisk Ltd., the company behind the project. The…

The CFTC has proposed removing a 13-year-old order book requirement for certain swap transactions, with public comments due within 30 days of its Federal Register publication. The Commodity Futures Trading Commission said in an Aug. 20 regulatory notice that it is seeking feedback on an amendment to Regulation 37.3(a)(2), which sets the minimum trading functions that a swap execution facility must provide. Under the proposal, a swap execution facility, or SEF, would no longer have to offer an order book for permitted transactions. The change would not prevent a platform from keeping the service when its customers use it, but…

Bitcoin trades at $62,726 on August 3, down 1.22%, pressing against the $62,000 horizontal support as spot ETFs post their first negative week in a month and a hardware wallet exploit pulls sentiment lower. Price remains below all four EMAs on the daily chart, with RSI sliding under 50 to 44.32, keeping momentum firmly on the side of sellers. $BTC Consolidates Near Range Lows as Every EMA Sits Overhead $BTC Price Action (Source: TradingView) The daily chart shows Bitcoin trading inside a broad consolidation range that has contained price roughly between $58,000 and $67,000 since the June selloff. After a…

Solana lending isn’t just a fight over TVL between a handful of similarly shaped protocols. Underneath the scale race sits a more interesting split: three genuinely different architectures for how a lending market should work, each making a different bet about what borrowers and lenders actually want. Jupiter Lend bets on a unified pool wired into Jupiter’s trading infrastructure. Project 0, the protocol formerly known as MarginFi, bets on becoming something closer to a prime broker than a money market. And Loopscale bets that fixed-rate, order-book lending is a better fit for real-world assets and structured credit than the variable-rate…

Ethereum has continued to expand its dominance in the stablecoin market amid rising demand from investors, fortifying its position as the leading blockchain for stablecoin transactions. As momentum keeps building in the Ethereum ecosystem, the blockchain has continued to see rapid adoption and consistent growth in activity across both its spot and DeFi markets. Stablecoin market cap on Ethereum soars Latest data from Token Terminal shows that the Ethereum blockchain has added about $400 million in its stablecoin market capitalization within just 24 hours. This shows that Ethereum now holds about $162.3 billion worth of stablecoins out of the total…

Tether invested $134 million in failing biopharmaceutical firm NovaBay in March, turning it into a stablecoin holding company. The move completely altered the path of the New York Stock Exchange-listed corporation. Its name was changed to Stablecoin Development Corporat, and it was used to purchase and stake a large swath of rival stablecoin USDS (previously known as MakerDAO). USDS, unlike Tether or $USDC, is a decentralized stablecoin that’s pegged to the US dollar through overcollateralized vaults and automated liquidations. Centralized stablecoins like Tether and $USDC rely on real-world assets, such as Treasury bills, overnight repo agreements, loans, and precious metals.…

Arthur Hayes, closely followed for his statements and predictions in the cryptocurrency market, made noteworthy assessments for Bitcoin and Ethereum, as well as Ethereum ($ENA) and Ether.fi ($ETHFI). Hayes argued that a new bull market has begun and stated that Maelstrom is taking maximum risk on all four assets. Arthur Hayes, who stated that he expects a major rise in cryptocurrencies, argues that Bitcoin is poised for a parabolic increase. In a recent interview on the Altcoin Daily YouTube channel, Hayes claimed that Bitcoin is likely to soon experience a full parabolic rise, and therefore now is the right time…

The UK’s HM Revenue and Customs (HMRC) sent 81,172 tax warning letters, emails and text messages to crypto investors during the 2025/26 financial year, according to figures reported on Aug. 20. The number rose from 64,982 warnings in 2024/25 and 27,714 in 2023/24. The latest total was therefore about 25% higher than the previous year and nearly three times the figure recorded two years earlier. The figures came from a Freedom of Information request obtained by accounting firm UHY Hacker Young and reported by the BBC. HMRC reportedly suspects that some undeclared liabilities arose from gains accumulated as crypto prices…