Author: NBTC

Qivalis, the independent euro-pegged stablecoin builder with a growing number of banks as shareholders in the project, has also been undergoing a transformation. Sell notes that one year ago he was the only employee; now Qivalis has grown to about 40 staffers and is close to securing an Electronic Money Institution (EMI) license in the Netherlands. The aim is to go live with a regulated euro stablecoin by the end of this year. In the past, business blockchain firms like R3 and Hyperledger were working on streamlining the paper-based side of transactions, instruments like letters of credit, for instance. But…

In the wake of Allman’s death, De Bode took the helm at Ondo. Shortly after De Bode’s ascension to acting CEO, Allman’s mother appointed herself and another of her children, Tahnee Towill, to Ondo’s board, named herself chair and interim CEO, and attempted to remove him from all company positions (he remains acting CEO and a member of Ondo’s board as of a Sept. 3 court order). Ondo Finance declined to comment, and CoinDesk’s call to De Bode went unanswered. Kathleen Allman subsequently filed suit against De Bode, accusing him of a “brazen usurpation of corporate control” and alleging that…

Since launching in late November 2025, SGX’s crypto perpetual futures, covering bitcoin (BTP) and ether (ETP), have recorded $5.8 billion, or roughly 400,000 lots, in cumulative traded volume. Daily average volume across both contracts stood at 1.3k lots ($19 million) as of August, with bitcoin accounting for 66% of open interest and 83% of daily average volume since inception. The highest single-day figure came in at 11.5k lots, or $145 million in notional value. Asked whether volumes had picked up following August’s bitcoin and broader crypto rally, Lam pointed to onboarding timelines as the natural pace-setter. New clients go through…

U.S. federal debt has crossed $40 trillion, while Treasury yields have returned to levels last seen around the Global Financial Crisis. Bitcoin Suisse described the sovereign debt balance sheet as an increasingly important pressure point for markets. It also complicates the traditional response to an equity-heavy portfolio to buy bonds. Stocks and Treasuries have increasingly moved together during major inflation, interest-rate and geopolitical shocks. Bitcoin Suisse argues this has weakened the assumption that sovereign bonds should automatically constitute a portfolio’s primary diversification play. Bitcoin allocation Bitcoin Suisse frames bitcoin as a potential source of portfolio resilience: volatile and sensitive to…

Circle’s Wrapped Bitcoin (cirBTC) has reached a notable milestone, growing to a $301.9M market cap. This development reflects a burgeoning interest in decentralized finance (DeFi), with $252.9M deposited into the DeFi ecosystem on Arc. According to a recent tweet from @tokenterminal, Arc now accounts for 83.2% of cirBTC’s total market cap and 91.4% of its DeFi deposits, indicating a strong trend in tokenized assets. This growth suggests a promising outlook for the integration of traditional assets into the crypto space. What Happened The broader crypto market is currently displaying mixed signals, but Circle’s cirBTC is making a significant mark in…

The U.K.’s largest banks executed the world’s first customer transaction using tokenized British pound deposits on a share platform. The money movement included remortgage payments and a test of a consumer purchase, according to an announcement on Thursday. The project is testing whether regulated bank money can move in tokenized form between institutions and in retail payments. The deposits moving across a common system involving several banks differs from a recent initiative by Lloyds to use tokenized deposits to buy a tokenized gilt within its own arrangement. Barclays, HSBC, Lloyds Banking Group, Monzo, Nationwide, NatWest and Santander took part in…

Near Protocol ($NEAR) is making waves in the DeFi space after launching the industry’s first “Confidential by Default” perpetuals trading on near.com. The feature completely masks all perpetual positions and their asset types, sizes, entry time, and trading direction. The perks of Near’s private perpetuals trading While transparency is a core tenet of blockchain technology, it also vastly disadvantages whales, institutions, and their AI agents in several ways, including: Front-running: on-chain bots see pending orders and execute ahead of them, degrading execution prices. Strategy copying: public orders make it easy to mirror profitable trading strategies, reducing the competitive edge. Forced…

The probability that the Federal target rate could be bumped up by 25 bps to 375-400 bps was increasing by the day. The FedWatch tool showed a probability of a rate hike at 87.3%. This meant that the chances of a bearish Bitcoin [$BTC] price reaction are also higher. In a CryptoQuant analysis, XWIN Japan pointed out that $BTC was between persistent, long-term buyers and short-term caution. The short-term trends could flip bearishly for Bitcoin once again, especially if the caution is given reason to blossom into panic. Bitcoin retraces into key demand zone at $76k Friday’s U.S. CPI report…

Sky Ecosystem has partnered with Galaxy to enhance institutional access to sUSDS, as announced by the CryptoTwitter commentator @SkyEcosystem. This collaboration includes Galaxy adding $100 million worth of sUSDS to its balance sheet, which is a significant step in expanding the institutional trading landscape. The move highlights a growing interest in the sUSDS among institutional players, potentially altering market dynamics. What Happened The broader crypto market is currently reflecting mixed signals, with varying momentum across major assets. Sky Ecosystem’s recent partnership with Galaxy focuses on institutional access to sUSDS, a stablecoin that is gaining traction. Galaxy’s addition of $100 million…

Stablecoin infrastructure company HIFI has raised $37 million in a Series A funding round led by Left Lane Capital as the use of stablecoins for payments and cross-border transfers continues to grow despite weakness in the broader crypto market. Cross-border stablecoin flows rose 77.5% to $220.3 billion in the 12 months ending June 2026, even as the wider crypto market shrank by more than a third over the same period, according to Chainalysis. HIFI CEO Zach Walsh told Cointelegraph that the Series A is the company’s first priced funding round. The company did not disclose its valuation. “HIFI is processing…