Author: NBTC

Slow And Steady Onchain $SUI trackers revealed recently that the network’s total stablecoin supply had “reached $500 million again,” with Defillama corroborating the same and even suggesting that Sui’s circulating stablecoin supply had been hovering close to that mark for many months running. Last year in May, Sui’s stablecoin balances peaked at $1.6 billion before falling to roughly $492 million by the end of H1 2026 (a drop of about 69%). The metric has seemingly stayed steady since. The supply plateau stands in contrast to what’s happening on the transaction side of things. In May, Mysten Labs, the core development…

The reply, translated from Korean, is the first time Samsung has attached a timeline to the stablecoin plan it set out at Galaxy Unpacked in London on 22 Jul. Stablecoins are tokens designed to hold a fixed value, almost always one US dollar, and are used mainly to move money rather than to bet on its price. Samsung Wallet, the group’s single app for payment cards, IDs, digital keys and boarding passes, operates in 61 countries and has more than 19mn monthly active users in South Korea alone, according to market tracker Wiseapp Retail Goods. Samsung shipped 241.2mn smartphones worldwide…

Ethereum is considering a change that would let compounding validators set how much $ETH should remain on a validator before excess rewards enter the network’s automatic withdrawal sweep. An Aug. 20 edit to draft EIP-8148 lowered the proposal’s minimum custom threshold from 33 $ETH to 32 $ETH and added a way to set the initial threshold when a new validator is created. If activated, the proposal would let 0x02 validators select a level between 32 $ETH and the current 2,048 $ETH default. The change would affect reward-sweep timing while Ethereum’s existing exit rules continue to govern principal withdrawals. Ethereum’s 32…

The Bitwise $XRP ETF has seen a big jump in trading activity over the past three sessions as institutional investors pay more attention to $XRP price. Bitwise President Teddy Fusaro said more than $80 million worth of the ETF was traded in the latest session. The two sessions before that each had more than $60 million in trading volume. Accordingly, Fusaro said trading volume has “really popped” over the past three sessions. Notably, the Bitwise president disclosed that the latest session marked the highest-volume trading day since the ETF’s launch. Image by Teddy Fusaro Bitwise leads $XRP ETF inflows The…

A group of South Korean lawmakers has introduced a bill to amend an existing financial law and expand the Financial Intelligence Unit’s (FIU) authority to investigate unregistered crypto businesses. On Thursday, People Power Party lawmaker Eom Tae-young and nine other lawmakers filed the bill, which aims to add a new provision to the Act on Reporting and Using Specified Financial Transaction Information. Under the proposal, anyone could report suspected violations of the law to the FIU. The agency could investigate and analyze alleged violations, file complaints with the relevant authorities, request criminal investigations or provide information to investigators. The bill…

Consumer complaints tied to cryptocurrency in Busan have surged more than 37-fold year-on-year, according to city government data analyzed by the Naeil Shinmun. The sharp increase highlights growing consumer harm as digital asset trading expands in South Korea’s second-largest city. Data shows dramatic rise in crypto-related counseling Busan city government data on consumer counseling cases received by the 1372 Consumer Counseling Center and the city’s Consumer Life Center in the first half of 2026 revealed 150 cryptocurrency-related consultations, up 3,650% from the same period a year earlier. The figure represents a 37-fold increase, reflecting a surge in disputes linked to…

Ethereum price traded near $2,478 on Aug. 25 after gaining roughly 30% over seven days, but an overbought daily reading and concentrated liquidity around $2,500–$2,550 could decide whether the rally extends toward $3,000 or enters a deeper pullback. Ethereum price holds most of its 30% weekly gain According to data from crypto.news, Ethereum ($ETH) price was trading at approximately $2,478 at the time of writing, having eased from an intraday high of $2,532. The asset remains roughly 29% above its Aug. 19 opening price of $1,916. The rally carried $ETH through $2,000, $2,200, and $2,400 in less than a week,…

Two public-comment PDFs on a US Securities and Exchange Commission docket describe a proposed Grand Theft Auto VI currency called Sharkbux and a possible implementation on Solana. The PDFs display Take-Two Interactive and Rockstar Games branding, but corporate authorization of the submissions remains unresolved. At most, the PDFs put an unauthenticated proposal into the public record. Any Rockstar crypto plan for GTA VI remains unproven. While it appears likely to be an attempt to pump an unaffiliated memecoin, there are limits to what can be inferred from a Solana wallet named in one of the files. The documents describe a…

But if we look past the name, Clarity isn’t really a bill about enabling crypto, the technology. It is a bill about enabling crypto middlemen. Crypto was supposed to remove middlemen Crypto’s origin story begins with the Bitcoin whitepaper, published amid the 2008 financial crisis. “Trusted third parties,” i.e., middlemen or intermediaries, may have once been necessary, but they are also points of failure. The combination of cryptography with the ubiquity of the internet could safely replace those points of failure with peer-to-peer transactions. That was the point. Securely enabling a peer-to-peer financial system through technology. Yet, reading the text…

Peter Schiff warns that Bitcoin hacking will become easier due to AI and quantum computing. Peter Schiff, a critic of Bitcoin, has renewed his long-standing criticism of the cryptocurrency industry by taking advantage of one of the biggest hardware wallet security incidents in recent years. Coldcard hack shakes up the market In the wake of the Coldcard wallet hack that depleted up to $89 million in Bitcoin from over 1,200 addresses, Schiff contended that as artificial intelligence and quantum computing develop further, the security risks that Bitcoin holders face will only rise. Schiff wrote, “This will only get worse as…