Author: NBTC

City Protocol, a provider of on-chain structured products infrastructure, has raised $11 million in a combined seed and pre-Series A funding round. The company announced the investment on Wednesday, with participation from Dragonfly Capital, Jump Crypto, CMT Digital, Stratified Capital, Adaverse, and Mirana. What City Protocol Does City Protocol is developing structured products on blockchain through an integrated infrastructure that supports issuance, operations, and underwriting across three layers: a tokenization layer, a vault layer, and an issuance and operations layer. The company says this approach aims to streamline the creation and management of blockchain-based financial products, making them more accessible…

A new review of blockchain data has revealed a link between the Shiba Inu deployer and the wallet that later launched the Shibinhood (WOOF) token on Robinhood Chain. The on-chain records show two separate transaction paths that both end at the same wallet, which some market commentators have used to discuss the possible relationship between the two projects. The original Shiba Inu deployer wallet, 0xB…A08, launched the $SHIB token in August 2020. Etherscan identifies this address as the Shiba Inu deployer. Today, it holds more than $7.5 million in assets across five blockchain networks, including around 50 million $SHIB. Meanwhile,…

A House crypto tax overhaul would raise an estimated $500 million while easing taxes on stablecoin payments and small fees. The House Ways and Means Committee is scheduled to consider H.R. 10357, the Digital Asset Tax Certainty Act, on Sept. 16, putting a broad rewrite of digital-asset taxation before lawmakers after months of negotiations over how closely crypto should be treated like traditional financial assets. The Joint Committee on Taxation estimates the legislation would increase federal receipts by about $500 million net from fiscal 2027 through 2036, after accounting for provisions that both raise and reduce government revenue. The package…

JUICED has announced significant changes regarding its Loop feature, set to retire by the end of September. According to a tweet from @JupiterExchange, borrow limits will be reduced to stop new looping, and incentives associated with the Loop will conclude. Users with active JUICED loops are advised to close them before the deadline to avoid additional fees. This shift could impact user engagement and liquidity within the JUICED ecosystem. Breaking It Down The broader crypto market is currently experiencing mixed signals, and JUICED’s Loop sunset adds to the evolving landscape. This announcement comes as users face new borrowing limits and…

Chainlink has unveiled a significant upgrade aimed at enhancing digital financial systems. This announcement, shared via a tweet from Chainlink, underlines its commitment to improving the infrastructure of digital finance. The integration with xStocksFi is particularly noteworthy, as it aims to facilitate the world’s largest equities onchain, potentially reshaping trading dynamics in this sector. For more details, check the announcement. What Went Down The recent announcement from Chainlink emphasizes improved security and efficiency in financial transactions through its upgrade. As the crypto landscape evolves, such advancements are crucial for maintaining competitiveness. The integration with xStocksFi is expected to significantly impact…

Bitcoin’s quantum debate is quite a quagmire. This is not merely a technical debate regarding the trade-offs of different types of cryptography and their strengths against a theoretical quantum computer. It is a debate about which properties of Bitcoin’s ethos are strongest when it is faced with a difficult dilemma: uphold the promise that valid coins remain spendable by their owners, or favor supporting the security of the system by not allowing a significant portion of its monetary supply to be raided via a vulnerability that was well known for many years. The conundrum at the crux of this controversy…

Bitfire Group has expanded its real-world asset business and launched what it calls Hong Kong’s first compliant crypto asset quantitative strategy after its profit-contributing assets under management climbed above HK$2 billion. According to a press release shared with crypto.news, Bitfire Group said that the new strategy will use real-world assets as a core part of a market-neutral approach designed to capture arbitrage opportunities across crypto and artificial intelligence-related assets. The Hong Kong-listed company, which trades under stock code 01611, said returns generated through the strategy would be packaged into asset management products for professional and institutional investors. Bitfire said the…

Neo SPCC shipped coordinated NeoFS updates covering the storage node, developer SDK, and web management panel. Node v0.55.0 “Moido,” released July 31, leads with architectural cleanup, removing FSTree compression and dropping artificial concurrency limits. SDK Go v1.0.0-rc.21 adopts NeoFS API 2.25 as its default with performance optimizations across all NeoFS applications, while Panel v0.10.1 delivers a minor UX improvement. The releases follow a familiar dependency chain: Node v0.55.0 requires SDK RC21, which in turn requires NeoGo v0.121.0. Neo SPCC shipped the three components within a three-day window, continuing a pattern established with the May batch covering Node v0.53.0, Panel v0.9.0,…

The US House is fast-tracking a vote to block data center-driven power bill hikes before the 2026 midterms. Reportedly, lawmakers may vote on the bipartisan Ratepayer Protection Act as early as this week. If this legislation passes, US states can require AI data centers that consume over 100 megawatts of energy to finance their own infrastructure development, including building new power grids and transmission lines, rather than imposing such costs on local communities. The pressure on the energy grid at present is mostly driven by the growth of data centers powered by artificial intelligence and cryptocurrencies, as well as the…

Binance has unveiled its latest weekly announcements, hinting at new bStock listings, including GPROB and RDDTB. This expansion allows users to trade these assets 24/7 with a 1:1 free and instant exchange for actual stocks, enhancing market engagement. This initiative reflects Binance’s ongoing commitment to user experience and could significantly impact trading strategies moving forward. What Went Down The recent announcements from Binance reveal an expansion of its trading offerings, focusing on bStock listings for GPROB and RDDTB. This development comes at a time when the broader crypto market is exhibiting mixed signals, with varying momentum across major assets. By…