Author: NBTC

Germany accounts for 22% of active legal entities in the European Securities and Markets Authority’s (ESMA) MiCA crypto-provider register, FM Intelligence research showed today (Tuesday). Those entities generate only 7% of declared cross-border host links. The FM Intelligence study of the MiCA passporting map identified 323 active legal entities in ESMA’s August 18 file. The calculation removed withdrawn and future-dated records, then combined duplicate Legal Entity Identifiers (LEIs). A home regulator remains the first-line supervisor when a crypto-asset service provider uses its MiCA authorization across the European Economic Area. A large entity count can increase one authority’s supervisory workload. It…

Coinbase, one of the largest cryptocurrency exchanges in the United States, has announced it will suspend trading for Badger DAO (BADGER) and Storj (STORJ) on September 28 at 2:00 p.m. ET. The move follows the exchange’s routine monitoring of its listed assets, which includes periodic reviews to ensure they meet its listing standards. Trading pairs affected include BADGER-USD, BADGER-$USDT, STORJ-USD, and STORJ-$USDT. Why Exchanges Delist Tokens Cryptocurrency exchanges like Coinbase regularly review the tokens they support. Delistings typically occur when a project fails to meet updated criteria, which may include low trading volume, lack of developer activity, regulatory concerns, or…

U.S. spot Bitcoin exchange-traded funds recorded net outflows of approximately $265.4 million on July 31, according to data from Farside Investors. The reversal ends a two-day streak of net inflows, signaling a shift in investor sentiment amid broader market uncertainty. Fund-Level Breakdown Leading the outflows was BlackRock’s IBIT, which saw $122.7 million leave the fund, its largest single-day withdrawal in recent weeks. Fidelity’s FBTC followed with $54.8 million in outflows, while Grayscale’s GBTC reported $52.6 million in net redemptions. Smaller contributions came from Bitwise’s BITB and ARK Invest’s ARKB, with $17.8 million and $17.5 million respectively. These figures represent a…

Under its current plan, the proposed Vulcan financing totals $39.4 million and would redeem $33.1 million in senior notes due Oct. 31. Its Aug. 14 quarterly filing said the company would use the financing for that redemption. However, as of Aug. 16, Vulcan had not reported the financing closed. The company, formerly Greenidge Generation, said the private investment in public equity, or PIPE, had not closed. It said no proceeds had been received and no securities had been issued. At June 30, Vulcan held $3.197 million of cash and cash equivalents. In addition, it held $6.027 million of digital assets,…

Canary Capital CEO Steven McClurg said he expects $XRP to emerge as the leading protocol for institutional financial infrastructure, pointing to newly announced lending plans on the $XRP Ledger and a sharp rise in South Korean trading activity as supporting evidence. Institutional Lending Called a Major Catalyst Speaking on the topic of institutional-grade credit coming to the $XRP Ledger through a partnership involving Cicada Credit and Clearpool, McClurg said the development could have an outsized impact on $XRP. “I think it’s going to be massive,” he said, describing institutional lending as a meaningful expansion beyond activity the network has already…

Cuomo said years of uncertainty have made it harder for companies to build products in the U.S. while knowing where regulators will draw the line. “You have to know the rules of the game if you want a company to comply,” he said. “What’s fair and what’s foul?” He contrasted the U.S. with Europe, where the European Union has implemented a bloc-wide crypto framework. Without federal legislation, Cuomo said, the U.S. risks losing business and investment to markets where the rules are clearer. Getting a bill through Congress will require compromise, he said. Cuomo pushed back on attempts to blame…

Bybit has added nOPAL, a Plume-based private-credit vault managed by BlackOpal Finance, to its RWA Earn platform. The August 27 listing announcement says eligible users can subscribe and redeem in $USDC while gaining exposure to Brazilian credit-card receivables. The yield comes from discounted receivables Brazilian merchants can sell future card-payment receivables to BlackOpal at a discount in exchange for cash upfront. When regulated acquirers later settle the payments through Visa and Mastercard networks, the difference between the purchase price and settlement amount becomes the strategy’s gross yield. The vault uses currency hedging to reduce Brazilian real exposure and places receivables…

U.S. Mining Dominance Slips as Russia and China Grab Bigger Slices Bitcoin’s total hashrate was a lot higher at the start of 2026, and the data shows that all of the countries saw hashpower losses between Q1 and Q3. It’s a hair over eight weeks into Q3, with five weeks left of the quarter, and while the U.S. lost a modest share, it is still the most dominant country in terms of bitcoin mining. The U.S. started the year off with 37.523% of the network’s total, and today, it is down 0.823% to the current 36.7%, according to hashrateindex.com hashrate…

The negative premium period on the US-based cryptocurrency exchange Coinbase, caused by the Bitcoin price falling below Binance’s, has reached its longest period to date. According to CoinGlass data, the Coinbase Bitcoin Premium Index remained in negative territory for 75 consecutive days between May 19 and August 1. The index’s final value was recorded at -0.0959%, marking the longest period of negative premium seen since the indicator’s inception. The previous record was a 40-day streak of negative premium recorded between January 16 and February 24. The current period also significantly surpassed the approximately 30-day period of negative premium seen during…

The tokenized stock segment has expanded to represent 15% of the real-world asset (RWA) market, a threefold increase since the beginning of the year. The market capitalization for tokenized stocks now stands at approximately $2.8 billion, according to a report by The Block. Market Leaders and Distribution Ondo Finance, Binance’s bStocks, and Kraken’s xStocks account for 77% of the total tokenized stock market. Ondo Finance leads with a market capitalization of $957 million, followed by Binance bStocks at $622 million and Kraken xStocks at $600 million. This concentration indicates a competitive but still emerging sector, where a few major players…