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Author: 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.

EUL Hits New All-Time High Led by Protocol Growth

With top-10 DeFi lending protocol Euler Finance reaching new all-time high valuations, the EUL token is soaring right alongside it, and reached a new all-time high price and market capitalization as of today, July 10. EUL is at a fresh high of $15 today, which is more than 950% above its 2023 lows of $1.48, which came shortly after the protocol was hacked, sending its TVL at the time to below $100,000. Today, EUL is 20% higher than its previous all-time high of $12.34 in September 2022, but its market capitalization is up 200% from that period, due to the…

DeFi

Texas Creates Its Own Digital Currency Backed by Gold and Silver

Texas Governor Greg Abbott has signed a new act that officially recognizes gold and silver as legal tender for daily financial transactions. The new law, championed by State Representative Mark Dorazio and supported by the Republican Party of Texas, marks the first major statewide effort in the U.S. to formally integrate precious metals back into the official currency system. JUST IN: 🇺🇸 Texas Governor Abbot signs law making gold & silver legal tender in 'day-to-day' financial transactions. pic.twitter.com/7IO0Nkinb5 — Watcher.Guru (@WatcherGuru) June 29, 2025 How Will the New System Work? The new bill authorizes Texans to use both gold and…

Markets

Pump.fun to Launch PUMP Token via ICO on July 12

Pump.fun, the Solana-based meme coin platform that lets anyone create and trade tokens, is launching its token, PUMP, via an Initial Coin Offering (ICO) on Saturday, July 12. The company said PUMP is the “official native token” of the pump.fun protocol and is part of a broader effort to build a decentralized alternative to Facebook, TikTok, and Twitch. The pitch is to create a social platform that rewards attention with money and not just engagement metrics. According to Pump.fun, 33% of PUMP’s total 1 trillion supply will be sold in the ICO. Of that, 18% has already been allocated via…

Altcoins

KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month

Global crypto exchange KuCoin has completed a new independent Proof of Reserves (PoR) audit, which was conducted by the leading blockchain security firm Hacken. With this latest milestone, the platform has now achieved an impressive 32 consecutive months of publishing these PoR reports. The move reinforces KuCoin’s long-standing commitment to financial transparency and building user trust. Audit Confirms Full Asset Backing with Surplus Reserves In the latest audit, KuCoin demonstrated that it holds more than enough crypto assets to cover all user liabilities across supported tokens. The reserve ratios for key cryptocurrencies as of June 30, 2025, are: Bitcoin (BTC):…

Exchanges

AscendEX Forges Partnership with M3 DAO to Bridge Real-World Finance and Web3

AscendEX, a renowned platform for crypto trading worldwide, has partnered with M3 DAO, a cutting-edge decentralized autonomous organization (DAO) devoted to developing an open and community-driven digital ecosystem. The main purpose of this collaboration is to bridge the gap between real-world finance and the Web3 sector with advanced decentralized finance (DeFi) instruments. The platform shared the details of this partnership in a social media post. #AscendEX is excited to partner with @M3DAO_global M3 DAO is a community-governed and open digital ecosystem, connecting between Web3 and the real world. Stay tuned for more updates#AscendEX #Crypto #Web3 #DeFi #FutureOfFinance pic.twitter.com/JpcTNqfSRi — AscendEX…

DeFi

Australia’s Swyftx to Acquire Caleb & Brown in Record $66M ANZ Crypto Deal

Australian crypto exchange Swyftx is set to acquire boutique digital asset brokerage Caleb & Brown, in what the companies described as the largest crypto acquisition in Australia and New Zealand to date. The deal, which was formally disclosed to staff last week, is expected to significantly expand Swyftx’s reach into the U.S., where Caleb & Brown has built a client base among high-net-worth crypto investors. A source, speaking on condition of anonymity, told Decrypt that the value of the deal is worth over AU$100 million (approximately US$65.8 million). The acquisition comes three months after Swyftx agreed to buy New Zealand’s…

Markets

Interchain Foundation Funds Hadron Labs for Long-Term Maintenance of CosmWasm Smart Contract Platform

The Interchain Foundation (ICF) has funded Hadron Labs for ongoing maintenance of the CosmWasm smart contract platform. This agreement guarantees sustained open-source development and operational stability for CosmWasm through December 31, 2027. CosmWasm is a Rust-based smart contract platform available only to chains using the Cosmos SDK. Hadron Labs is a core contributor to Neutron, one of the leading CosmWasm-based projects and ecosystems, and Drop, a liquid staking protocol on Neutron. Hadron Labs is also a member of the Lido Alliance. Their deep technical expertise and proven track record make them the ideal team to maintain this platform. About the…

Altcoins

Bitget Wallet launches new Pump.fun integrated mobile app for meme coin trading

Bitget Wallet launches a new Pump.fun integrated mobile meme coin trading app called MemeScan. The app also offers a campaign linked to the upcoming PUMP token. According to the press release sent to crypto.news, MemeScan is designed with pro-level traders in mind, offering performance and insight for traders interested in high-volume and early stage meme coins. The Bitget (BGB) Wallet platform is meant to accommodate mobile-first users who wish to trade on-chain without having to switch to a desktop or browser-adapted interface. Unlike platforms designed for desktops and browsers, MemeScan is a mobile-first app that offers a unified, app-native interface,…

Exchanges

Aave Outperforms DeFi Sector with 52% TVL Surge in Q2

Top lending protocol Aave has outpaced broader decentralized finance (DeFi) growth over the past three months, gaining market share as capital continues to flow into major protocols. The decentralized lending protocol’s total value locked (TVL) rose to over $25.4 billion by the end of Q2, up over 52% from $16.7 billion in April, according to data from DeFiLlama. In comparison, total DeFi TVL grew 26%, from $92 billion to $116 billion, in the same period. Aave’s share of the DeFi lending market also has grown to 48%, leading the sector, which has surpassed $58 billion in TVL. Moreover, with $28…

DeFi

Strategy's Perpetual Preferred Stocks May Be Front Running S&P 500 Inclusion

Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR) Strategy's (MSTR) perpetual preferred shares may be anticipating the bitcoin-accumulation company's inclusion in the S&P 500 index after the largest cryptocurrency posted a record-high monthly close at a price some analysts calculate lifted quarterly earnings to a level that qualifies it for the U.S. equity benchmark. That may not be the only reason for their popularity, however. The stocks all offer yields above the Federal Reserve's target rate of 4.25%-4.5% at levels that may be enough to attract investor interest, especially given President Donald Trump's calls for U.S.…

Markets