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.

Kraken, Backed bring xStocks to Tron’s $22b daily network

Kraken is plugging its tokenized equities directly into one of the world’s busiest payment rails. By deploying xStocks on Tron, it’s aiming its Nasdaq-in-a-token product at a massive, global user base already moving billions in USDT daily. Summary Kraken and Backed are launching xStocks on the Tron blockchain. Tron processes $22 billion in daily settlements and hosts over $26 billion in total value locked. The integration expands tokenized equity access to a global user base In a blog post published on August 20, crypto exchange Kraken announced a strategic collaboration with tokenization specialist Backed and the TRON DAO to expand…

BlockchainAug 21

A Game-Changer After SNIP-31 Vote Passes

Exciting news for the cryptocurrency world! Starknet, a leading Ethereum Layer 2 scaling solution, has officially announced a groundbreaking development: the imminent launch of Starknet Bitcoin staking. This highly anticipated move follows the successful passage of proposal SNIP-31, clearing the way for Bitcoin (BTC) holders to participate in securing the Starknet network and potentially earn rewards in the coming weeks. What Does Starknet Bitcoin Staking Mean for Your Portfolio? The recent approval of SNIP-31 is a significant milestone for Starknet and the broader decentralized finance (DeFi) ecosystem. This proposal officially clears the path for Starknet to integrate Bitcoin directly into…

DeFiAug 21

Over $90M ETH Leaves Binance

The cryptocurrency world is buzzing with the latest on-chain developments. A significant Ethereum whale withdrawal recently occurred, capturing the attention of market observers. This event involved a massive transfer of 21,000 ETH, valued at approximately $90.6 million, from the Binance exchange. Such large movements often signal important shifts in investor sentiment or strategy, prompting close examination by traders and analysts alike. What Exactly Was This ETH Whale Movement? Just a few hours ago, an anonymous digital wallet executed a substantial ETH whale movement. This particular wallet pulled 21,000 ETH, worth around $90.6 million at the time, directly from Binance. This…

EthereumAug 21

Will the Fed keep diverging from other central bank policies?

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. We’re 42 days away from the Fed’s next policy-setting meeting, and markets are growing more certain that committee members will make the first interest rate cut of the year. There’s currently a 91% chance the FOMC will lower rates by 25 basis points in September, per data from CME Group. The Fed, once acting in lockstep with the Bank of England and the European Central Bank, has diverged in policy recently. So far in 2025, the ECB has cut rates twice; first in March and then…

RegulationAug 21

Fuze hit with fine as Dubai's VARA spots AML failures

The Dubai Virtual Assets Regulatory Authority (VARA) has issued a notice on its website stating that it has fined Morpheus Software Technology FZE. The firm, also known as Fuze, is a licensed VASP digital asset infrastructure provider after it identified failures in its AML (anti-money laundering) program. VARA identified failures in Morpheus’ (Fuze) anti-money laundering (AML) program, related governance, compliance, and internal systems and controls. Furthermore, Morpheus (Fuze) was found to have intentionally conducted unlicensed VA activity, breaching its license conditions, and further failed to disclose those material facts to VARA. VARA took enforcement actions, including a financial penalty against…

LegalAug 21

Optimiums and the ‘L2’: Ethereum security revisited

The term “Ethereum layer-2” is generally thought to mean that a chain inherits Ethereum’s security. But the line has always been blurry, and remains so, especially with the rise of OP Stack chains that use alternative data availability (DA) layers. These so-called “Optimiums” settle to Ethereum but post data elsewhere, introducing some additional trust-assumptions. Toghrul Maharramov, a rollup researcher and former Scroll contributor, has been a vocal critic of looser L2 definitions, and declared Wednesday on X: “Optimiums are not L2s. Anyone who says otherwise is trying to psyop you.” A good example of this is Celo, which Blockworks reported…

BlockchainAug 21

Gearbox Protocol Debuts on Etherlink with Re7 Labs’ USDC Vault

Curators may now create custom lending markets by using this distinctive, institutional-grade lending infrastructure . Over the course of seven months, Gearbox users have created $2.8 billion in trading volume across Ethereum DEXs. Gearbox Protocol, which has a USDC vault curated by Re7 Labs, has debuted on Etherlink. The deployment uses treasury-backed tokens like mTBILL, mBASIS, and mRe7YIELD to provide institutional-grade strategies to the Tezos Layer 2. As DeFi’s credit layer, Gearbox links customers looking for composable leverage across return-generating options with passive liquidity providers. Curators may now create custom lending markets by using this distinctive, institutional-grade lending infrastructure thanks…

DeFiAug 21

Hyperliquid Whale’s Bold Reversal After Costly Shorts

The world of cryptocurrency trading is often a high-stakes arena, and few events capture attention like a whale’s dramatic shift in strategy. Recently, a prominent Hyperliquid whale trader named AguilaTrades made headlines with a stunning reversal: after three consecutive, costly short positions on Ethereum (ETH), this influential player has now opened a massive 15x ETH long position. This bold move highlights the unpredictable nature of leveraged trading and the immense capital movements that can occur on decentralized exchanges. It’s a compelling example of how quickly fortunes can change in the crypto space. What Just Happened in Hyperliquid Trading? On-chain analyst…

EthereumAug 21

Neel Kashkari Backs Two Rate Cuts in 2025 as Fed Signals Economic Shift

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis. Who has joined other Federal Reserve officials in supporting interest rate cuts, saying two cuts in 2025 seem right. In a CNBC interview, he pointed to signs of a slowing US economy. Especially after the July jobs report showed a weakening labor market. This has pushed the odds of a September rate cut to 90%, with Kashkari suggesting it’s time to adjust rates soon. ICYMI: Watch @minneapolisfed President @neelkashkari's interview earlier today (8/6) with @cnbc's @andrewrsorkin. https://t.co/jscbKG1GfU — Minneapolis Fed (@MinneapolisFed) August 6, 2025 Kashkari Responds to Economic Signals His…

RegulationAug 21

Brazilian Crypto Industry Takes Action to Avoid Tax Obliteration

The cryptocurrency industry is mobilizing in Brazil to shut down the Provisional Measure that expands the crypto income tax for all users. Analysts agree that if enacted, this measure would hinder adoption and divert crypto activity to decentralized platforms. Brazil Faces Crypto’s Breaking Point With Generalization of Crypto Income Tax The cryptocurrency industry in Brazil is approaching a potential turning point in its history, and it is mobilizing all its lobbying power to avoid it. The cause is Provisional Measure 1,303/2025, which changes the established cryptocurrency taxation scheme and extends it to all crypto holders. The new provisional measure, currently…

LegalAug 21