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.

xStocks on Solana hit $2B+ volume in 6 weeks, scaling 60+ tokenized U.S. equities: case study

xStocks, tokenized U.S. equities issued by Backed, have surpassed $2 billion in trading volume within just six weeks of their launch on Solana. Summary Since launch, Backed’s xStocks on Solana reached $2.1B in cumulative trading volume. xStocks are SPL tokens that represent fractional ownership of real U.S. stocks and ETFs, backed 1:1 by shares. Tradable globally 24/7 via CEXs (Kraken, Bybit), wallets (Phantom, Solflare), and on-chain venues (Raydium, Jupiter, Kamino) with full self-custody and DeFi integration. According to a recent case study by Solana Foundation, xStocks—the tokenized U.S. equities launched by Backed on Solana (SOL)—have achieved rapid adoption since their…

ExchangesAug 23

Blazpay Joins Aylab to Advance Web3 Infrastructure

Blazpay, an advanced decentralized finance (DeFi) infrastructure provider, has announced its groundbreaking Partnership with Aylab, a renowned entity contributing to the broader Web3 growth. The primary purpose of this collaboration is to improve the Web3 infrastructure by merging AI-powered DeFi with Aylab’s growth infrastructure for users. We’re excited to announce our partnership with @Aylab_io — one of the biggest Web3 growth partners with a cutting-edge user acquisition platform.🤝 Together, Blazpay x Aylab are driving the next wave of growth in Web3 — combining AI-powered DeFi simplicity with Aylab’s proven… pic.twitter.com/OC9xHxGyl2 — Blazpay (@blazpaylabs) August 21, 2025 At the core of…

DeFiAug 23

Ethereum Nears $5,000 After 45% Monthly Rally, Whale Buying and Regulatory Clarity Fuel Surge

Ethereum (ETH) has extended its bullish run, surging past $4,300 and posting a staggering 45% gain over the past month. The world’s second-largest cryptocurrency now eyes the $5,000 milestone, triggered by unprecedented whale accumulation, institutional inflows, and a wave of regulatory clarity in the U.S. In just the past four weeks, over $4.17 billion has flowed into Ethereum-focused investment products, with entities like Galaxy Digital, FalconX, and BitGo facilitating large-scale purchases. One “mysterious institution” reportedly acquired 221,166 ETH worth nearly $1 billion in a single week, signaling long-term confidence at elevated prices. Whale Buying and Institutional Inflows Strengthen Ethereum (ETH)’s…

EthereumAug 23

Tether CEO says USDT drives 40% of gas fees, plans U.S.-compliant stablecoin

Paolo Ardoino, the CEO of Tether, attributed nearly 40% of all blockchain gas fees to transactions sending USDT. He pointed out that hundreds of millions of users on ETH, Arbitrum, BSC, Solana, Polygon, TON, Avalanche, and Tron used USDT daily. Ardoino asserted that the Tether digital dollar (USDt) protected families in emerging economies against local inflation and national currency devaluation. He added that blockchains focusing on “lower gas fees” paid in USDT would “take over the world.” However, Ardoino explained that Tether was not looking to go public, even after expanding in the U.S. He said the company will remain…

RegulationAug 23

AEON Integrates OpenEden’s cUSDO into Crypto Platform as Demand for Tokenized U.S. Treasuries Heats

AEON, a modular cryptocurrency payment protocol, today announced a strategic alliance with OpenEden, a RWA tokenization platform, to bring the latter’s tokenized money market fund into its crypto trading platform. This is a huge milestone for AEON as this alliance enabled it to integrate its crypto trading applications with traditional financial solutions, providing new opportunities for institutional investors. AEON is a cryptocurrency payment network designed to facilitate digital asset payments and improve real-world engagement. On the other hand, OpenEden is a Singapore-based real-world asset tokenization network that allows investors to invest in US Treasury Bills. Tokenized real-world assets just got…

ExchangesAug 23

Bitcoin miner Foundry hits 0.07% jackpot mining eight consecutive BTC blocks

Foundry USA unexpectedly mined eight Bitcoin blocks in a row, a streak that stood out on explorers’ and social feeds. Controlling roughly a third of the network’s hashrate, the pool’s run was unlikely but still possible. Summary Foundry USA mined eight Bitcoin blocks straight, from heights 910,500 to 910,507, in a run that grabbed crypto feeds. With roughly 36% of the network’s hashrate and about a 30% share of active pool activity, the odds of this streak were around 1 in 12,000 — but still within the realm of chance. The run shows how a few large pools can briefly…

MiningAug 23

Curve debates 60M crvUSD pre-mint for Yield Basis amid governance pushback

A proposal to pre-mint 60 million crvUSD to bootstrap Curve’s new Yield Basis AMM is sparking debate across the governance forum and social media, raising deeper questions about the DAO’s authority, risk management, and how to safely scale the protocol’s stablecoin footprint. Yield Basis, led by Curve founder Michael Egorov, is a new Curve-native AMM that uses constant leverage to eliminate impermanent loss in Bitcoin pools. To launch its first three pools — wBTC, cbBTC and tBTC — Yield Basis is asking for a 60 million crvUSD allocation, which it says would be borrowed and paired with BTC to create…

DeFiAug 22

Ethereum Price Action Signals Strength — Can It Challenge All-Time Highs?

Ethereum broke above the $4K resistance, and turned it into a key support level for potential upward continuation. The breakout from a multi-year ascending triangle sees a new target at $4.8K. Rising volume indicates increasing buying interest Ethereum surged past the $4K mark after breaking out from a long-term ascending triangle. The move positions ETH for a potential rally toward $4.8K as bullish momentum builds across the market. Ethereum Clears $4K — $4.8K Target Comes Into Focus Ethereum broke the $4K resistance for the first time in months. This level has been a barrier since 2024, stopping every breakout attempt.…

EthereumAug 22

State Street and Stablecoin Standard to educate tradFi firms on crypto

State Street Investment Management partnered with State Street to educate tradFi on crypto. Summary Stablecoin Standard and State Street IM partnered to educate tradFi on crypto State Street is one of the world’s biggest asset managers, with $4.67 trillion AUM Stablecoins and tokenization have become one of the most attractive crypto segments for tradFi Major institutional players are increasingly focusing on stablecoins. On Tuesday, August 5, State Street, one of the world’s biggest asset managers with $4.67 trillion in assets under management, teamed up with Stablecoin Standard to educate industry players on crypto. This initiative will particularly focus on stablecoins…

RegulationAug 22

Unleashing New Futures Trading Opportunities

Exciting news is now officially circulating within the crypto community! Binance Alpha and Futures are set to add SAPIEN, a significant development that has captured widespread attention. This Binance SAPIEN listing was initially announced via the New Listings Feed on X, marking a major milestone for the SAPIEN project. For many, securing a listing on a top-tier exchange like Binance represents substantial validation and opens up critical new trading avenues. What Does the Binance SAPIEN Listing Uncover for Traders? Binance Alpha functions as an early-stage discovery program. It meticulously identifies promising tokens based on specific, stringent criteria. These criteria primarily…

ExchangesAug 22