Author: NBTC

The protocol has two parts. A Single Asset Vault pools a single asset, and the lending layer turns that pooled money into loans with set terms. Both are still proposals, defined in technical drafts known as XLS-65 and XLS-66, and remain subject to approval by the validators who run the network. The features are available to test on a development network but are not live. The use Ripple leads with is short-term financing. A payment company holding reserves in $RLUSD, its US dollar-pegged stablecoin, might need cash to fund outgoing payments before a cross-border settlement clears two days later. Instead…

White House officials — especially lead crypto adviser Patrick Witt — have sought to keep the Clarity Act moving forward in the Senate, including holding previous meetings with those who have objected, such as law enforcement groups and Wall Street bankers. Representatives of the White House didn’t immediately respond to requests for comment on the expected Monday meeting, which meant to work through some of the remaining concerns, and few details were available. Industry groups such as the Blockchain Association have defended the legislation’s crime-fighting tools, arguing that the bill includes a number of new powers for pursuing bad actors,…

World, the mysterious Solana project that garnered millions of views on X with little more than a glowing globe, cryptic posts and the tagline “Trade Everything,” is now live as a fully onchain prediction market inside Phantom. The platform is online at world.xyz and in the Phantom wallet on iOS, Android and desktop, with Chainlink serving as its primary oracle infrastructure for its data. Users can trade event contracts tied to crypto prices and the 2026 FIFA World Cup, with additional markets on sports, geopolitics, and macroeconomics planned for the near future, according to an announcement shared with CoinDesk. World’s…

Ethereum co-founder Vitalik Buterin has published a comprehensive new technical essay that deeply explores the current state and future potential of indistinguishability obfuscation (iO) in cryptography. The detailed work reviews two decades of research progress, celebrates recent theoretical breakthroughs that make strong obfuscation possible under reasonable assumptions, and candidly addresses the massive performance gaps that still prevent practical real-world use. Buterin positions iO as potentially one of the most powerful primitives ever conceived in the field, capable of bringing cryptography significantly closer to the long-held ideal of a trustless trusted third party. When paired with blockchain technology, this could unlock…

A noteworthy analysis regarding Bitcoin’s short-term outlook in the cryptocurrency market has been published. Research firm BIT predicts that the leading cryptocurrency could continue its correction movement for approximately the next two months, with the bottom likely to be reached in September. According to the company’s assessment, while July has historically been one of the periods with strong performance for Bitcoin, past market data shows that this rise is usually followed by a two-month correction. BIT analysts state that current market conditions point to a similar scenario. The analysis noted that the optimistic expectations surrounding the Genius Act, one of…

Bitmine Immersion Technologies (BMNR), the largest Ethereum treasury company, bought 27,084 ether ($ETH) last week, extending its accumulation streak despite another slide in crypto prices. The purchase, worth roughly $43 million based on $ETH’s current price of around $1,580, lifted Bitmine’s holdings to 5.7 million $ETH, according to a Monday company update. The stash is worth about $8.9 billion and represents roughly 4.7% of Ethereum’s circulating supply, nearing the firm’s 5% goal. The company also held 206 bitcoin, $555 million in cash and marketable securities and stakes in Beast Industries and Eightco Holdings, bringing total crypto, cash and investment holdings…

While Bitcoin experienced sharp declines in 2026, Jimmy Song, a Bitcoin Core developer and known maximalist, made important statements about $BTC and altcoins. At this point, Jimmy Song argued in his latest interview that Bitcoin is a better currency, not technology, and described all altcoins as scams. Jimmy Song states that the biggest misconception about Bitcoin is viewing it simply as a technology. He argues that Bitcoin should be understood not as a better technology, but as a better form of money. Song, while having unwavering faith in Bitcoin, is vehemently critical of altcoins. He cites Ethereum and Solana as…

The Tron network delivered a remarkable performance in June, reaching its highest levels ever in both active users and transaction volume. According to data shared by the on-chain data analytics platform Lookonchain, the network recorded record levels of user activity and transaction volume throughout the past month. According to the data, the number of active accounts on the Tron network reached an all-time high of 26.97 million in June. The total number of transactions conducted on the network during the same period was recorded as 385.77 million. Thus, Tron achieved its strongest monthly performance to date in terms of both…

The blog comes as the Senate races to advance the Digital Asset Market Clarity Act before lawmakers break for their August recess. While the bill cleared the Senate Banking Committee, negotiators are still trying to resolve several contentious issues, including ethics rules for senior government officials with crypto ties, liability protections for decentralized finance developers, stablecoin yield provisions and concerns from Senate Agriculture Committee Democrats. Industry groups remain optimistic that the legislation can reach the Senate floor in July, but analysts have warned that failing to pass it before the August recess would sharply reduce its chances of becoming law…

Building secure obfuscation has proved brutally hard. An ideal version was proven impossible in 2001, which sent researchers after the weaker iO target instead, a roughly two-decade effort littered with broken attempts. The recent good news is that iO can now be built under reasonable security assumptions. However, the downside is that the runtimes are, in Buterin’s word, “galactic,” efficient on paper but absurdly slow in practice. Buterin compared the moment to where SNARKs, the zero-knowledge proofs now central to Ethereum’s scaling, sat around 2010, before years of optimization turned them from a curiosity into working infrastructure. The suggestion is…