Author: NBTC

Aave has announced an increase in its Savings Rate to 4.50% $APR, enhancing incentives for users to deposit funds. This change allows users to earn on their deposits without any lockup period or fees, which could significantly improve liquidity within the Aave ecosystem. This announcement comes at a time when the broader crypto market shows mixed signals, suggesting that Aave aims to attract more users amid fluctuating market conditions. For more details, refer to the announcement here. Inside the Move The new Aave Savings Rate is designed to appeal to users seeking higher yields compared to traditional savings options. By…

An address associated with venture capital firm Andreessen Horowitz (a16z) has transferred 89,470 $HYPE tokens, valued at approximately $6.6 million, to crypto market maker Wintermute. The transaction was flagged by blockchain tracking platform Onchain Lens, which suggested the move was likely intended for a sale. Transfer Details and On-Chain Data The wallet, beginning with 0xb5E4, initiated the transfer of $HYPE, the native token of the Hyperliquid ecosystem. While the exact purpose of the transfer has not been officially confirmed, such movements to market makers often precede liquidity provision or OTC sales. Onchain Lens, citing the transfer, estimated that the tokens…

The U.S. Securities and Exchange Commission (SEC) is proposing a change that would add European Union debt obligations to its list of exempted securities for certain futures activities. Announced on 28 August, 2026, the move aims to close a long standing gap between EU wide debt and debt issued by individual EU countries. Core Changes Under the Rule 3a12-8 Amendment Under the proposed amendment to Exchange Act Rule 3a12-8, EU debt would receive the same treatment as debt issued by individual EU member states. However, the change is narrowly focused and would apply only to futures linked to EU debt.…

Cardano has scored a major Japan win as its native cryptocurrency $ADA and privacy-focused token $NIGHT get listed on S.BLOX, a cryptocurrency exchange affiliated with Sony Group. S.BLOX is a Japanese cryptocurrency exchange owned by Sony Group Corporation; it was acquired in August 2023 by Sony On-Chain Technologies Inc. (a wholly-owned subsidiary of Sony Group Corporation). In a recent X post, S.BLOX announced it will begin handling Cardano ($ADA) starting August 24. The crypto exchange confirms that Cardano trading is now available and has launched a campaign where users can receive up to 10,000 yen worth of $ADA to celebrate…

Raphael Zagury, the newly appointed CEO of Bitcoin-focused public company Twenty One Capital, says the premium-funded model behind Bitcoin treasury firms cannot provide easy returns forever. His answer is to build cash-generating businesses around the company’s $BTC balance sheet. In a July 22 fireside chat furnished to the SEC, Zagury described issuing shares above the net asset value of a company’s Bitcoin holdings and using the proceeds to buy more $BTC as a temporary market dislocation. As more companies copy the strategy, he said, their market-value premiums should converge toward 1x. “There’s no free money forever,” Zagury said. The premium…

Aave has reached a significant milestone with $12.5 billion in active loans, an increase of more than $1.5 billion in just a month. This growth signals a rising demand for decentralized finance (DeFi) solutions, highlighting Aave’s relevance in the space. As DeFi continues to evolve, this substantial loan volume could attract more users and investors into the ecosystem. Source Breaking It Down Aave’s recent announcement about achieving $12.5 billion in active loans showcases its robust position within the DeFi landscape. The increase of over $1.5 billion in active loans in just a month underscores the growing interest in decentralized lending.…

Major financial publications appeared to be in disagreement this month, publishing three different dates for when 319 million additional shares of SpaceX would unlock this month. At Wednesday’s share price, that unlock is worth about $46 billion — a figure that should certainly motivate shareholders to decide on an exact date for the expansion of the float. However, nobody seemed to know. CNBC reported, “On Aug. 20, another 319 million shares could unlock, according to the prospectus.” Quartz guessed earlier, crediting Barron’s, “A second release of 319 million shares is scheduled for Aug. 12.” TechTimes and TradingKey went with August…

Blockchain interoperability project LayerZero has lost a dozen partners this year as its $ZRO token shed a third of its value. The latest departure, Ethereum node service provider Nethermind, ran one of the verifiers that LayerZero advertised to enterprise users. It migrated to one of LayerZero’s competitors and terminated its role as verifier on Wednesday. It joins a long list. Kelp DAO exited LayerZero in May after it lost $292 million through a bridge that a single LayerZero verifier secured. Solv Protocol deprecated its LayerZero bridges two days later, with Re.xyz making the same move. The following week, Kraken shifted…

Poland To Revote Crypto-Asset Market Act After Zondacrypto Scandal Polish authorities are reevaluating the need to have clear regulations to protect citizens from cryptocurrency fraud. On Friday, during a council of ministers meeting to draft the 2027 budget, Tusk commented on the current situation of the Zondacrypto exchange, which has evolved to become one of the largest crypto-linked corruption cases in the country. Tusk lamented that the budget preparation was overshadowed by the Zondacrypto bankruptcy and the recent detention of Polish Olympic Committee President Radosław Piesiewicz in a corruption probe. “This is not some ordinary bribe, some one politician. It…

South Korea’s Financial Intelligence Unit (FIU), operating under the Financial Services Commission, has introduced revised supervisory rules that place new restrictions on cryptocurrency transfers to self-hosted wallets and establish a risk-based framework for transactions with offshore exchanges. The measures, reported by Digital Asset, mark a formal regulatory shift that turns previously voluntary practices into binding obligations for domestic virtual asset service providers (VASPs). New Rules for Self-Hosted Wallets Under the revised guidelines, domestic VASPs must limit cryptocurrency transfers to self-hosted wallets that are registered under the customer’s own name. This requirement aims to reduce the potential for money laundering and…