Author: NBTC

The International Organization for Standardization (ISO) has approved a new project led by China to develop a global standard for Blockchain as a Service (BaaS), according to a report from China Central Television. The initiative will define technical requirements for infrastructure, network construction and operation, service management, smart contracts, and data interoperability and security. Germany, the UK, Ireland, Japan, Portugal, and Uganda have confirmed participation in the standard-setting process. What the BaaS Standard Will Cover BaaS allows enterprises to use blockchain technology without building and maintaining their own infrastructure, similar to how cloud services provide on-demand computing resources. The proposed…

“For most people, the biggest investment, their nest egg, is their home equity. Find a way to transform that into some kind of bitcoin exposure to a larger or to a smaller degree,” he said. “So then you can bet on the asset of the house appreciating, the house asset appreciating, and the bitcoin asset appreciating.” Salinas points to bitcoin’s long-term appreciation relative to real estate as evidence for his view. In January 2016, the price of bitcoin hovered around $400. A house in Central London sold for an average price of $1.6 million or 4,000 bitcoin. With home prices…

Investment manager Brookstone Capital Management reported 12,380 shares of Volatility Shares’ $XRP ETF with a fair value of $71,059 in its June 30 quarter-end holdings disclosure. Yet, social media is spreading a narrative of a massive $71 million position. Brookstone’s June 30 information table filed with the SEC lists the Volatility Shares $XRP ETF under CUSIP 92864M780, with 12,380 shares and a reported value of 71,059. Under the SEC’s current reporting rule, that means $71,059. X posts paired the share count with a rounded “$71M position.” Others repeated the $71 million interpretation just over an hour later. Since then, the…

In a recent update, Intersect, a member-based organization in the Cardano ecosystem, pointed out that the last week has brought progress in protocol development, governance, community tooling, and technical delivery. With attention turning from the van Rossem to the Dijkstra era, a new parameter update action has opened for voting, the Constitutional Committee election is on-chain, and the Constitutional Amendment Portal has opened for community alpha testing. Intersect Weekly update #122 is out 🗞️Inside:🔹 Dijkstra era planning🔹 New minPoolCost and Plutus memory action🔹 Audited CC election results🔹 CAP Portal alpha launch🔹 Eryx ZK Bridge completion🔹 Rare Evo, Tweag and moreCatch…

The CEO of the American Bankers Association, Rob Nichols, has said that the banking lobby wants the Clarity Act to succeed — but small edits to the bill still need to be made. Speaking on CNBC’s Squawk Box show Wednesday, Nichols said that while there is a “lot of good” in the Clarity Act, the issue around stablecoins and local lending needs to be fixed. JUST IN: American Bankers Association CEO tells CNBC “There’s a lot of good in the Clarity Act” “I do think that the crypto and the banking sectors can coexist. I think we can be the…

The South Korea crypto app ban claimed another brief casualty this week — and then gave one back. OKX’s Android app quietly disappeared from the Korean Google Play Store on July 24, only to reappear four days later on July 28, making it the first of the recently blocked overseas exchanges to recover access on the platform. The restoration, confirmed by Digital Asset at 8:00 a.m. local time, lets South Korean users once again install or update the OKX: Trade Bitcoin & Crypto app through Google Play. Key takeaways OKX’s app returned to South Korea’s Google Play Store on July…

Since holding the $60k support a week ago, Bitcoin has shown some strength, with bullish pressure intensifying. The upside momentum pushed $BTC to $67k before a slight pullback. At press time, $BTC traded at $65,695, down 1.14% on the daily charts. Prior to this slip, the crypto had been on a strong upward trajectory, rising 7% on weekly charts. Despite the price slip, traders on the daily charts have remained bullish and strategically positioned for further gains. Bitcoin trader opens a $68 million long With Bitcoin [$BTC] showing relative strength, traders on the derivatives market have turned bullish. As a…

“The name on the front of the wallet means far less than whose infrastructure clears the payment behind it,” Torab Torabi, CEO of stablecoin infrastructure firm Movement Labs, told CoinDesk. Stripe has been active in expanding its provision for stablecoin infrastructure in recent years, first through the acquisition of Bridge for $1.1 billion in 2024 and, more recently, the introduction of its own blockchain network Tempo last year. It is also one of many major firms to join the stablecoin consortium Open USD last month. The digital dollar project, which also involves Coinbase (COIN), Mastercard (MA), Visa (V) and BlackRock…

Notable selling activity has occurred in the ASTEROID token, reportedly launched by a former $BNB Chain employee. According to the on-chain analytics platform Lookonchain, the token’s developer made a profit of approximately $628,000 by selling a significant portion of their holdings. According to shared data, a former $BNB Chain employee purchased ASTEROID tokens through four newly opened wallets after creating the token. These wallets bought a total of 796.7 million ASTEROID tokens for $10,000. The amount purchased represented 79.67% of ASTEROID’s total supply. The developer, who controlled the majority of the token supply, subsequently sold 718.8 million ASTEROID on the…

Recent comments by U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce regarding crypto vaults and on-chain lending are being interpreted by industry legal experts as a constructive signal that the agency is moving toward formalizing decentralized finance (DeFi) regulation, rather than imposing stricter enforcement. Michael Bassett, chief legal officer at institutional DeFi platform Sentora, said the remarks indicate that discussions about bringing DeFi into the regulatory fold are gaining momentum. Peirce’s Remarks and Their Context Speaking publicly, Peirce reiterated the SEC’s longstanding position that activity executed on a blockchain does not automatically exempt it from federal securities laws. However,…