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.

Stablecoin Supply to Grow as Much as $75B Following Passage of GENIUS Act, BofA Says

Bank of America (BAC) says the GENIUS Act, signed into law last Friday by President Donald Trump, marks a turning point for U.S. stablecoin regulation, laying the groundwork for infrastructure development and tokenized finance growth. Supply of stablecoins, crypto tokens whose value is pegged to real world assets such as fiat currencies or gold, will grow a "relatively modest" $25 billion-$75 billion in the near term, driven by product rollouts, infrastructure investment and competition from tokenized deposits and money market funds, the bank said in a report last week. The total market cap for stablecoins is currently about $270 billion,…

MarketsJul 31

ASIC Issues Warning Over Bitget's 'Unlicensed' Crypto Futures Products in Australia

The Australian Securities and Investments Commission has issued a public warning against Bitget, accusing the crypto exchange of offering high-risk crypto futures products without a license. ASIC said Bitget and its parent company, BTG Technology Holdings Limited, are promoting “unlicensed cryptocurrency futures products” to Australian investors, in a statement released Sunday. “Bitget does not hold an Australian Financial Services licence,” the regulator said, “meaning it is not permitted to promote or encourage Australian investors to invest in its financial products.” ASIC’s warning is the latest in a series of regulatory crackdowns, it says, is aimed at protecting retail investors from…

RegulationJul 31

Upbit OMNI Listing Goes Live July 29

The cryptocurrency world is constantly buzzing with new developments, and few announcements generate as much excitement as a major exchange listing. For traders and enthusiasts alike, these moments can signal significant shifts in market dynamics and unlock new opportunities. This time, all eyes are on South Korea’s leading digital asset exchange, Upbit, which has just made a pivotal announcement: the highly anticipated Upbit OMNI listing. What the Upbit OMNI Listing Means for Traders In a move that’s set to significantly impact the accessibility and liquidity of Omni Network’s native token, OMNI, Upbit officially confirmed on its website that it will…

ExchangesJul 31

Kenzo Labs and Fourtis Join Hands to Fortify Crypto Adoption and Community Engagement

Kenzo Labs, a popular Web-centered platform dealing with community-led crypto initiatives, has officially collaborated with Fourtis, a notable platform devoted to listing crypto tokens as well as trending alerts. The key objective of the partnership is to advance community engagement along with crypto adoption. In Kenzo Labs’ X announcement, the platform described this development as a noteworthy move to empower decentralized communities. Hence, the joint effort is set to deliver wider crypto visibility and growth potential. 🔈 We are excited to announce our new partnership with @fourtisofc ! The #1 platform for crypto token listings & trending alerts! Trusted by…

BlockchainJul 31

Strategy Bears Cave In as Anti-MSTR Leveraged ETF Hits Rock Bottom

Those betting against bitcoin -holder MicroStrategy (MSTR) seem to have run out of patience and look to be exiting bearish bets. On Monday, a U.S.-listed exchange-traded fund (ETF) that provides a leveraged bearish exposure to shares of bitcoin holder MicroStrategy sank to lifetime lows on the back of near-record trading activity. Prices for the Defiance daily target 2x short MSTR ETF, listed under the ticker SMST on Nasdaq, slipped 7.58% to $18.17 on Monday, hitting a record low for the fourth consecutive day, according to data source TradingView. The decline happened as 2.88 million shares changed hands, the second-largest trading…

BitcoinJul 31

WLFI Invests $10M in Falcon Finance to Boost On-Chain Dollar Liquidity

Stablecoin project Falcon Finance said it secured a $10 million strategic investment from World Liberty Financial (WLFI), the decentralized finance (DeFi) platform with links to U.S. President Donald Trump's family. The funding will support technical integrations that enable liquidity between USDf, Falcon’s synthetic dollar, and WLFI's USD1 stablecoin, according to an emailed announcement. The investment comes as Falcon Finance surpasses $1 billion in circulating supply following its public debut. Falcon’s risk-adjusted synthetic dollar protocol contrasts with WLFI’s fully reserved USD1, which is redeemable 1:1 for U.S. dollars and backed by money market funds and cash equivalents. The difference means the…

DeFiJul 31

Everclear Receives Investment from NEAR Foundation to Expand Cross-Chain Settlement

Everclear, a protocol for cross-chain clearing and settlement of digital assets, has secured a strategic investment from the NEAR Foundation. The partnership focuses on using NEAR’s technology to support Everclear’s goal of improving how assets move across blockchains. As part of the deal, the NEAR Foundation will provide capital to support liquidity and infrastructure development within the Everclear protocol. The investment also reflects a longer-term collaboration between both teams to advance solutions for faster and cheaper asset settlement across different networks. Everclear enables a system where digital asset flows across blockchains can be settled and cleared without costs, using a…

MarketsJul 31

Democrats probe housing regulator over considering crypto in mortgages

Five US Senate Democrats have probed the head of the country’s housing finance agency over his plan to consider how crypto can be counted in the approval process for certain mortgages. The senators, led by Jeff Merkley, sent a letter to Federal Housing Finance Agency (FHFA) director William Pulte on Friday asking him to explain his plan “to fully assess the potential risks and benefits of your order and its implications for the U.S. housing market and financial system.” Senators Elizabeth Warren, Chris Van Hollen, Mazie Hirono and Bernie Sanders also co-signed the letter, which asks Pulte for a response…

RegulationJul 31

Unveiling the Dramatic Shift in Kimchi Coin Listings

Have you ever heard of ‘kimchi coins’? If you’re tuned into the global cryptocurrency scene, especially concerning Asia, you might have. These are cryptocurrencies issued by domestic entities in South Korea, and they’ve long been a unique part of the nation’s vibrant digital asset market. However, a significant and dramatic shift has been underway since 2021, with major South Korean crypto exchanges sharply reducing their listings of these local tokens. This change isn’t just a minor blip; it reflects a profound evolution in one of the world’s most active crypto markets, driven primarily by new regulatory frameworks. What Are ‘Kimchi…

ExchangesJul 31

Neo SPCC updates NeoFS node, gateways, and Panel frontend with latest improvements

Neo SPCC has released updates for multiple NeoFS components, including the node, REST gateway, S3 gateway, and Panel application. Changes span dynamic block configuration, SDK upgrades, and metadata handling, alongside compatibility with the v2.18 API. NeoFS node The latest NeoFS node release, v0.48.0, introduces dynamic block time support for NeoFS networks and full compatibility with API v2.18. The embedded Inner Ring consensus node now supports a max_time_per_block configuration option to make use of the change. Additionally, the Inner Ring now bases epoch ticks on real time rather than block count. Significant behavioral changes affect SN and IR verification processes. SN…

BlockchainJul 31