Author: NBTC

The ongoing rally in South Korea’s domestic stock market is drawing capital away from the country’s cryptocurrency sector, with small and medium-sized exchanges bearing the brunt of the shift. According to data from CoinGecko recorded at 4:30 a.m. UTC on May 11, the combined 24-hour trading volume across South Korea’s top five crypto exchanges stood at approximately $2.39 billion (3.51 trillion won). That figure represents a decline of roughly $100 million compared to February 11 of this year. Smaller Platforms Hit Hardest While the overall market has seen a modest contraction, the impact on smaller trading platforms has been severe.…

New developments regarding Morgan Stanley’s spot Bitcoin ETF, expected to launch soon, have attracted attention in the industry. According to the updated S-1 filing by the US investment bank, the fund, which is planned to trade under the ticker “MSBT,” will have a management fee of only 0.14% (14 basis points). This rate indicates a significant competitive advantage among competing products in the market. Bloomberg ETF analyst Eric Balchunas described the fee structure as “shocking,” noting that Morgan Stanley’s ETF could be the lowest-cost product among existing spot Bitcoin ETFs. According to Balchunas, this pricing makes it easier for advisors…

In the cryptocurrency market, the difference between Ethereum and Solana in terms of decentralized exchange (DEX) trading volume has fallen to its lowest level in the last 12 months. In recent months, the transaction volume gap between the two networks has narrowed rapidly, with Solana’s monthly DEX volume share of Ethereum reaching approximately 94%. This represents a significant decline from the 218% peak seen in January 2026, marking the lowest level in the past year. According to current data, both networks handle approximately $45 billion in monthly DEX transaction volume. Analysts attribute Ethereum’s relative resilience during this period to differences…

ClawBank, an agent-economy infrastructure project, said its Manfred AI agent became the first such entity to autonomously set up a company, filing with the U.S. Internal Revenue Service (IRS) for its own Employer Identification Number (EIN), a unique code that allows it to legally operate as a business, hire staff and obtain licenses. The agent also holds an FDIC-insured U.S. bank account and a crypto wallet , Clawback said Friday. “To the company’s knowledge, this is the first time an AI agent has autonomously initiated and completed the legal formation of its own corporation,” Justice Conder, the developer behind ClawBank,…

TL;DR: The event will release approximately 42.9 million tokens on April 1st, representing a 1.1% increase in the asset’s current circulating supply. Currently, only 39% of the total $SUI supply is unlocked, suggesting latent and prolonged selling pressure over the coming years. Sustained growth in DeFi activity and stablecoin inflows within the network act as a critical counterweight to market dilution. The $SUI network is set to face a stress test of its market structure this coming April 1st. This unlocking event will inject millions of units into the active supply at a time when global cryptocurrency liquidity shows signs…

The transition period for Europe’s Markets in Crypto-Assets regulation, or MiCA, officially ends on July 1, 2026. This date signifies the transition from preparation to direct regulatory enforcement for crypto-asset service providers operating within the EU. Up until now, many businesses considered compliance to be a documentation process. In July, that will be totally different. Similar to the requirements already in place in traditional finance, MiCA now requires cryptocurrency companies to demonstrate that they offer best execution for customer trades. Vague internal policies and generalizations about the quality of execution will no longer be accepted by regulators. Businesses will require…

Decentralized exchange (DEX) Aster (ASTER) has expanded its offerings by listing perpetual futures for four major Hong Kong-listed stocks: Tencent (00700.HK), Xiaomi (01810.HK), Minimax (00100.HK), and Pop Mart (09992.HK). The exchange allows traders to access these assets with up to 3x leverage, using only a cryptocurrency wallet — bypassing the traditional requirement for a Hong Kong securities account. Bridging Traditional Stocks and DeFi Aster announced that it is the first perpetual futures DEX to list Hong Kong stocks, positioning itself as a gateway for global traders to access high-quality Asian equities through decentralized finance (DeFi). The move reflects a growing…

SafePal has added support for the Arc Testnet, giving users a direct way to explore the emerging network through SafePal Wallet and interact with its early ecosystem. In a tweet, SafePal said the Arc Testnet is now live on its platform, allowing users to try testnet dApps, claim exclusive testnet tokens, and prepare for future support of Arc mainnet assets inside SafePal Suite. The move comes as Arc continues to position itself as a new kind of financial infrastructure for the internet, one built around stablecoins, tokenized assets, and global interoperability. The network’s early testnet activity already reflects that ambition.…

Tether, issuer of the largest stablecoin by market capitalization, said first-quarter net profit was $1.04 billion and excess reserves increased to a record $8.23 billion. The company did not provide year-earlier or fourth-quarter figures. It reported a net profit of more than $10 billion for all of 2025. The amount of the dollar-pegged $USDT in circulation remained stable, with total token-related liabilities of about $183 billion as of March 31, the firm said in its quarterly report. The company’s total assets are just under $192 billion, it said. The report was released at a time of increasing global demand for…

TL;DR: $XLM has been officially classified as a “digital commodity,” joining a select group that includes Bitcoin, $XRP, Solana, and Cardano. The Stellar ecosystem manages over $1.4 billion in Real-World Assets (RWA) under its Soroban platform infrastructure. Top-tier institutions like Franklin Templeton and Spiko already operate multi-million dollar funds on the network, leveraging the new legal clarity. The CEO of the Stellar Development Foundation, Denelle Dixon, reacted positively to the recent regulatory guidance granting $XLM digital commodity status. According to Dixon, this classification is more than a formality; it is the validation of a long-term strategy that positions the network…