Author: NBTC

In brief Derive now accepts Flare’s FXRP as collateral for $XRP options and perpetual futures. Users can trade through their own wallets without relying on a centralized exchange. Options settle in $USDC, exposing traders to margin and liquidation risks. $XRP holders can now use Flare’s FXRP as collateral to trade options and perpetual futures on decentralized exchange Derive, Flare announced on Thursday. According to Flare, users mint FXRP, a token representing $XRP on the Flare blockchain, through its FAssets bridge that converts tokens like Bitcoin, $XRP, and Dogecoin into ERC-20 tokens on the Flare network. They can then deposit the…

Bitmine Immersion Technologies, the largest corporate Ether holder, surpassed 5 million Ether in staked tokens, which will generate an estimated $257 million in annualized revenue, according to a company announcement on Monday. Ether ($ETH) staking is emerging as an important revenue stream that generated about 98% of Bitmine’s revenue for the fiscal quarter ending May 31, or $45.7 million of the company’s $46.5 million, analysts from Bitfinex exchange told Cointelegraph, adding: “It funds operations and its share buyback program: 19.1 million shares repurchased since July against a $4 billion authorisation, without Bitmine having to sell any Ether.” Ether treasury companies…

Strategy will contribute $250 annually to Trump Accounts for eligible children of its U.S. employees, expanding its benefits beyond its core Bitcoin treasury operations. Strategy adds Trump Accounts to employee benefits Strategy announced on Aug. 5 that it had joined the Invest America Business Pledge, committing to fund Trump Accounts for the children of its U.S. workers. The company will contribute $250 each year for every eligible child under 18, regardless of the child’s birth year. For children born on or after Jan. 1, 2025, Strategy will also provide a one-time $1,000 contribution matching the U.S. government’s initial deposit, according…

The latest U.S. congressional primary elections this week saw another unusual setback for the crypto industry’s largest campaign fund when incumbent Representative Shri Thanedar got shut down by progressive challenger Donavan McKinney for a Democratic nomination in Detroit. It cost the Fairshake political action committee more than $2 million, and the industry loses an incumbent ally in the House of Representatives who co-sponsored its version of the Digital Asset Market Clarity Act and had also been active in other crypto legislation. His democratic socialist opponent is a blank slate on crypto issues, but he drew endorsements from Senator Bernie Sanders…

In brief Visa Direct is adding stablecoin prefunding and payout capabilities through Zerohash. Eligible clients can send cross-border payouts and prefund accounts using stablecoins. The move expands Visa’s efforts to integrate stablecoins into its global payments network. Visa is expanding its stablecoin payment offerings through an arrangement with crypto infrastructure provider Zerohash, allowing eligible Visa Direct clients to prefund accounts and send payouts using stablecoins. In an announcement on Wednesday, Zerohash said the new capabilities will be available through Visa Direct, the company’s money movement network. ]]> “Unlocking stablecoin use cases at the core network level further accelerates adoption globally,”…

Publicly traded Bitcoin miners are cutting mining capacity faster than the Bitcoin network overall, suggesting that more operators are redirecting electricity and infrastructure toward data centers and high-performance computing (HPC), in another sign of the sector’s evolution beyond creating more crypto. In the latest Miner Weekly newsletter, BlocksBridge Consulting reported that realized hashrate among a cohort of public Bitcoin miners fell from 368.3 exahashes per second (EH/s) in the fourth quarter of 2025 to 319 EH/s in the second quarter of 2026, a 13.4% decline. The contraction was even sharper when excluding Bitdeer, which continued to expand its mining operations.…

ADI Chain, a blockchain platform, and Shipfinex, a Dubai-based maritime asset tokenization firm, have announced plans to bring the global ship finance market, estimated at roughly $680 billion, onto blockchain infrastructure. The initiative, first reported by CoinDesk, aims to open up a traditionally closed and relationship-driven financing sector to broader institutional participation. Understanding the Ship Finance Market Commercial vessels worldwide are valued at approximately $2 trillion, yet financing for ship purchases and construction has historically been concentrated among a small circle of shipowners, banks, and specialized lenders. This market structure relies heavily on existing transaction relationships, which has limited access…

Brazil-listed investment firm OranjeBTC has expanded its Bitcoin reserves by an additional 2 $BTC, according to data tracked by BitcoinTreasuries.net. The purchase, executed yesterday, brings the company’s total holdings to 3,950 $BTC, positioning it 23rd among publicly traded companies globally by Bitcoin ownership. Strategic Accumulation Continues OranjeBTC’s latest acquisition is part of a broader pattern of steady Bitcoin accumulation observed over recent quarters. The company, which trades on the Brazilian stock exchange, has been gradually increasing its digital asset treasury, aligning with a growing trend among corporations to hold Bitcoin as a reserve asset. This incremental purchase, while modest in…

SharpLink, a Nasdaq-listed company trading under the ticker SBET, has announced plans to stake $200 million worth of Ethereum ($ETH) through Lido, the largest liquid staking protocol on the Ethereum network. The move will see the company receive wstETH, a token that accrues staking rewards, with the assets held in custody by Anchorage Digital, an institutional-grade digital asset custodian. Strategic Move to Diversify Treasury The decision is part of SharpLink’s broader strategy to maintain its $ETH exposure while generating additional on-chain yield and diversifying its corporate treasury. CEO Joseph Chalom stated that the move is a step toward more productive…

Solana ETFs have seen zero net flows across all six products for five consecutive trading sessions ending Aug. 4. The product-wide pause in reported primary-market flow followed an $18.1 million outflow from Bitwise’s BSOL on July 28. Farside Investors, which tracks daily fund flows, showed 0.0 for BSOL, VSOL, FSOL, TSOL, SOEZ, and GSOL during the next five sessions: July 29 – Aug. 4. The same table, which tracks Solana ETF flows, displayed $1.122 billion of cumulative net flow through Aug. 4. Seed amounts account for $449.3 million, about 40% of that total, meaning only a portion of the cumulative…