Author: NBTC

The US Securities and Exchange Commission (SEC) wants to let Wall Street’s official shareholder records move onchain while keeping regulated transfer agents in control. On Sept. 1, the financial regulator proposed its first major overhaul of transfer-agent rules since regulations were adopted in the late 1970s and early 1980s, explicitly allowing blockchain or other distributed-ledger technology to serve as a company’s master securityholder file, or part of it. That would bring tokenized securities deeper into the machinery that determines who legally owns shares, rather than limiting blockchain to a parallel record or digital representation. One recordkeeping transfer agent would still…

The trading volume for RWA perpetuals on tradeXYZ has rebounded to approximately $2.6 billion, matching levels observed during May and June. This resurgence is significant as it suggests renewed interest in real-world assets from institutional investors. According to a recent tweet from @tokenterminal, this volume is still about 71% below the all-time high of $8.9 billion recorded in late July, indicating a potential for growth in this segment. source The Story So Far The broader crypto market is currently experiencing mixed signals, but the resurgence of trading volume for RWA perpetuals suggests a notable shift in institutional interest. This return…

Monad is making waves today with the launch of its x402 platform, which allows users to pull critical trading data such as wallet PnL and DEX trades without the need for accounts or API keys. This innovation was highlighted by crypto commentator @nansen_ai, showcasing Monad’s commitment to enhancing user accessibility. The x402 platform could significantly boost user engagement in Monad’s ecosystem, making it easier for traders to analyze their positions and market conditions. What Happened The broader crypto market currently exhibits mixed signals, with major assets showing varying momentum. Monad’s x402 tool is timely, given the increasing interest in accessible…

Bitcoin [$BTC], the largest cryptocurrency by market capitalization at $1.35 trillion, has moved through one of the most unprofitable stretches in its history. Notably, $BTC’s slump has now extended across three separate quarters and two calendar years. That performance has broken away from the equities market over the same window, leaving a wide band of investors holding positions below their entry price. One relationship has held through the divergence, that of the $4.8 trillion technology giant Apple [AAPL]. Bitcoin-AAPL ratio could frame the next cycle A chart from Alphractal plotting Bitcoin against AAPL shares has surfaced a correlation that traders…

Aave’s new savings app has entered early access, allowing users to bypass the waitlist. This announcement, shared by the official Aave account on Twitter, has sparked significant interest among the DeFi community. With the potential for increased user adoption, Aave aims to strengthen its position in the growing decentralized finance landscape. You can view the full announcement here. The Latest Currently, the broader crypto market exhibits mixed signals, reflecting varying momentum across major assets. Amid this fluctuating environment, Aave’s early access launch for its savings app signifies a proactive step in attracting users. The app promises to enhance user engagement…

Leading cryptocurrency Bitcoin is trading below the $80,000 level, influenced by upcoming US inflation data and increasing expectations of a Fed interest rate hike. Altcoins are showing mixed performance, while Ethereum is moving sideways around the $2,480 level. However, BitMine President Tom Lee stated that Ethereum has significant upside potential, listing four key catalysts that could support the $ETH price. In a recent interview, Lee stated that the price of $ETH could reach approximately $6,000. The First Catalyst: “CLARITY Act” The first development Lee highlighted was the CLARITY Act, the most important law expected to clarify the regulatory framework for…

Hargreaves Lansdown, the U.K.’s largest retail investment platform with two million investors, has begun offering nine bitcoin and ether exchange-traded notes (ETNs), reversing course less than a year after warning clients against crypto investments. The firm’s new listings include products from BlackRock’s iShares, CoinShares, WisdomTree, 21Shares, Invesco and Bitwise, with annual fees ranging from 0% to 0.35%, it announced on Thursday. The move comes less than a year after the platform warned retail investors against investing in cryptocurrencies and 11 months after the U.K. financial watchdog lifted its four-year ban on crypto ETNs for retail investors. The Bristol-based firm said…

Solana advances SIMD-0553, a proposal that raises fees on resource-intensive transactions and lowers costs for simple operations. The new model would increase daily $SOL burning from 648 to between 7,500 and 9,000 tokens — a 12 to 14 times increase over current levels. Some high-frequency swaps could become up to 3,150% more expensive, though the absolute cost would still remain below $0.05 per transaction. The Solana network is moving forward with a structural reform of its fee model through the proposal SIMD-0553, an improvement document that would modify the way the protocol charges for computational resource usage. The initiative was…

CCI encourages the SEC to make the approval process for Novel ETPs more efficient in terms of timing and regulation. The organization also calls for parity of tax treatment, disclosure requirements, and confidentiality for novel ETPs. Crypto Council for Innovation is advocating for a modernized framework for ETP by the Securities and Exchange Commission. CCI is calling for more clarity and predictability in the process of obtaining approvals for innovative ETPs. The suggestions from CCI were presented on August 31 concerning the framework for novel ETFs proposed by the SEC. The framework involves products that relate to crypto assets, blockchain…

Better disclosed, however, that it may reuse the pledged bitcoin as long as it keeps an equivalent amount available to return. Coinbase acts only as the custodian and technology provider and has no role in extending credit or deciding when collateral is liquidated, the companies told CoinDesk. Bitcoin does not help a borrower qualify for the first mortgage. Applicants must still satisfy Fannie Mae’s ordinary income, credit score and debt-to-income requirements independently of their crypto holdings. “Nothing in the product converts crypto holdings into qualifying income or waives DTI or credit thresholds,” Better said in written responses. “The Bitcoin loan…