Author: NBTC

Neutrl has opened an early redemption program for NUSD and sNUSD holders on Sept. 17, allowing eligible users to exchange their tokens for $USDC after a reserve-liquidity problem halted normal protocol operations in August. Neutrl said holders can connect the wallet containing their NUSD or sNUSD, sign an on-chain message to prove wallet ownership and review the applicable redemption details before submitting a request. Completed redemptions pay users in $USDC and burn the corresponding NUSD or sNUSD. The company did not state a recovery percentage in the announcement. Structured-yield protocol Strata subsequently examined the deployed redemption contract and reported a…

Zebec Network, the Stellar Development Foundation, and MoneyGram have integrated MoneyGram Ramps into Zebec’s enterprise payroll platform. The integration gives employees and contractors using Zebec’s payroll service on the Stellar network access to local fiat currencies through MoneyGram’s global network. Zebec is a blockchain platform focused on payroll and payment infrastructure. Its deployment on Stellar allows employers to stream salaries and contractor payments in stablecoins. Recipients can receive funds directly into digital wallets as payments accrue, keep or transfer their digital assets, spend them through supported Zebec cards, or withdraw them in local currency. MoneyGram, a global provider of money…

Summary Strategy published a Bitcoin Investor Guide built for advisers, bankers and capital allocators. The document foregrounds volatility and drawdowns instead of aggressive price targets. Its digital capital architecture closely tracks Strategy’s own stack of listed securities. The release follows Strategy’s first-ever Bitcoin sales and a heavy loss earlier this year. Michael Saylor’s Strategy has released a 21-page Bitcoin Investor Guide that repositions the asset for a professional audience, using market data current to September 4 and a revision date of September 7. The framing is deliberately institutional. Rather than repeating the seven-figure price forecasts Saylor is known for on…

Frax Finance has laid out an ambitious strategy focused on tokenizing various assets to increase the adoption of frxUSD. In a recent tweet, the organization outlined a four-step plan that includes pairing tokens with frxUSD and automating leverage via Gearbox Protocol. This approach could significantly impact user engagement and utility in the crypto space, as the tokenization of assets can enhance liquidity and accessibility. Source What Went Down The broader crypto market is currently exhibiting mixed signals, which may create a conducive environment for innovative strategies like those proposed by Frax Finance. Their plan to tokenize the world and automate…

Following the bull run in 2025, Bitcoin and altcoins experienced significant declines. This led both individual and institutional investors to reduce their portfolios. The latest data reveals the differences between Bitcoin and altcoins. Notable Change in Banks’ Crypto Portfolios! Recent data released by the Basel Committee on Banking Supervision (BCBS) reveals a significant shift in the cryptocurrency portfolios of banks in the Americas. According to Ledger Insights, citing BCBS data, Bitcoin’s ($BTC) share of cryptocurrency exposure among US banks has decreased from 75.8% to 44.2%. At this point, $BTC has lost a significant portion of its weighting within the cryptocurrency…

Zcash developers are targeting Nov. 5 for NU7 mainnet activation after organizations and engineering teams reached “unanimous agreement” on its contents and estimated timeline. On Thursday, Zcash developer Sean Bowe said the upgrade is scheduled to activate on the testnet on Oct. 6. A final decision on the mainnet upgrade and its activation height is scheduled for Oct. 20, after an assessment of NU7’s testnet performance. The upgrade would reduce Zcash’s target block spacing from 75 seconds to 25 seconds, disabling version 4 transactions and integrating the Network Sustainability Mechanism (NSM). The chosen NSM configuration would preserve Zcash’s halving schedule,…

Following its most recent periodic review, Binance is getting ready to remove Pax Dollar (USDP) from its platform because the stablecoin did not meet the exchange’s requirements. All USDP spot trading pairs will stop trading on September 24, 2026, at 03:00 UTC, according to Binance. Spot orders are being cancelled Spot orders that are already in place will be automatically canceled after trading stops. The decision is noteworthy because USDP, a dollar-pegged stablecoin issued by Paxos, has traditionally functioned as one of the stablecoin industry’s regulated alternatives. Souce: CoinMarketCap Binance did not pinpoint a single infraction that led to the…

Ondo Finance, together with BlackRock and Securitize, has pitched OUSG to Sky’s Spark Tokenization Grand Prix, an open initiative designed to onboard up to $1 billion of tokenized real-world assets and expand the use of tokenized public securities in decentralized finance, the company said Thursday. Ondo Finance is proud to collaborate with @BlackRock and @Securitize to have submitted the $OUSG proposal to @SkyEcosystem’s (MakerDAO) Spark Tokenization Grand Prix, which aims to onboard $1B in tokenized financial assets. 🏁 🗣️ On the application, Carlos Domingo… https://t.co/XS0T8XrymW — Ondo Finance (@Ondo) September 24, 2024 Ondo said the proposal would give SparkDAO and…

According to Onchain Lens’ September 18th report, an address holding a large amount of $UNI sold 600,000 $UNI through multiple transactions. Following these sales, the address reportedly obtained approximately 5.1 million $USDT worth of cash. According to information based on on-chain data, the address in question transferred 100,000 $UNI to the cryptocurrency exchange OKX in addition to the sales transactions. This transfer, worth approximately $844,000, was interpreted as an indication that the address may be preparing to sell a further portion of its $UNI holdings. These transactions have brought the high volume of investor activity on $UNI back into the…

Revolut, founded in 2015 and based in London, now holds a full banking license in the EU and U.K., and also caters to more than 80 million customers worldwide. The fintech was valued in July at about $115 billion, according to the Wall Street Journal. Zhou has been candid that a MiCA license alone is not enough to turn a profit in Europe, given the burden of compliance costs plus competition from other firms that can offer a more extensive range of products, such as derivatives. The EMI license will suffice for most of what Bybit wants to bring with…