Author: NBTC
DeFi lending protocol Suilend has taken precautionary measures in response to a major loss reported by Stream Finance, which is having ripple effects in the Sui ecosystem. One of the worst hit was Elixir, a protocol that appears to have borrowed against assets linked to Stream Finance’s xUSD, a dollar-pegged stablecoin-like asset. Suilend takes action against Elixir A few hours after Stream Finance announced that it had taken a huge loss, Suilend posted an update on X, assuring users that the team was keeping a close eye on the developing issue affecting Elixir’s deUSD. The post also stated that deposits…
Ether ETH$3,935.00 hovered near $3,946 at 13:57 UTC on Oct. 25 after a high-volume rejection around $4,000 left price coiling below resistance, while analysts outlined five-digit scenarios and on-chain data pointed to larger wallets adding. Analyst view Analyst Ali Martinez projected a long-term path to $10,000, cautioning it may take longer than some expect; his weekly sketch implies a pullback into 2026 followed by a climb toward five digits around 2027–2028. Separately, The Long Investor set a $13,500 target by 2029, framing a multiyear trajectory rather than a near-term call. On the flows side, Santiment said “whales and sharks” holding…
Stablecoins can be issued in Russia, the head of its monetary authority indicated, as a Russian senator issued a call for adopting Russian regulations for the fiat-pegged digital currencies. While stablecoins are good for international settlements, the governor noted that the financial regulator remains opposed to their use for payments inside Russia, just like with cryptocurrencies. Central bank gives the nod to stablecoin issuing in Russia Stablecoins can already be issued in the Russian Federation, the Governor of the Central Bank of Russia (CBR), Elvira Nabiullina, told lawmakers on Thursday. During a plenary session of the State Duma, the lower…
Crypto market maker B2C2 has launched PENNY, a new platform that enables instant, zero-fee swaps between major stablecoins as institutional demand for frictionless liquidity tools grows, the company said in a press release Thursday. The launch comes as the stablecoin market expands beyond crypto-native trading into payments, banking and settlement use cases. PENNY currently supports six stablecoins — USDT, USDC, USDG, RLUSD, PYUSD and AUSD — across Ethereum, Tron, Solana and several Layer 2 networks, with more assets expected to be added regularly. B2C2 said PENNY allows users, including banks, merchant acquirers, exchanges and stablecoin infrastructure firms, to automatically swap…
Ethereum (ETH) is once again teasing a turnaround. Over the past month, the Ethereum price has slipped about 1.9%, but the past seven days show a mild 2.1% rebound, as traders attempt to recover lost ground. Still, the broader tone remains slightly negative. Previous bounces failed to extend into full rallies, repeatedly capped at key technical levels. Now, with on-chain data shifting again, another rebound is forming — and this one looks more convincing. Whales Add While Dormant Holders Rise The Spent Coins Age Band, a metric that tracks how much ETH moves across wallets of all ages, has dropped…
Trump Media & Technology Group (DJT), the parent company behind President Donald Trump’s social platform Truth Social, plans to roll out prediction markets directly in the app through a deal with Crypto.com’s U.S.-registered derivatives arm, the companies announced Tuesday. DJT is higher by 4.4% in premarket action. CRO$0.1591, the native token of Crypto.com, is higher by 4.9% over the past 24 hours. The new feature, called Truth Predict, will let users place bets on the outcome of real-world events — including U.S. elections, Federal Reserve rate decisions, sports games and commodity prices — using a federally compliant exchange operated by…
A New York judge temporarily extended a freeze on wallets holding roughly $63 million in stolen USDC stablecoins on Thursday, backing a request from Singapore liquidators of collapsed crypto bridge Multichain as they seek U.S. recognition of the case. Judge David S. Jones ordered Circle to keep three Ethereum wallets frozen and to preserve the dollar reserves backing the stolen USDC. The order would help “avoid potential immediate and irreparable harm” if the state court lifted Circle’s freeze and let the assets move or be claimed outside, liquidators warned. It also pauses a separate class action in which a…
Plasma XPL$0.3564, a blockchain company building stablecoin-focused network, announced a major expansion in Europe to offer regulated payments services. The firm said on Thursday it had acquired a Virtual Asset Service Provider (VASP) licensed entity in Italy, allowing it to legally handle crypto transactions and custody assets in the region. As part of its EU expansion, the firm is opening a new office in Amsterdam, Netherlands and has appointed a chief compliance officer and money laundering reporting officer. Plasma did not name the acquired entity, and a spokesperson did not immediately return a request for comment. “The Netherlands is one…
Intellectual property (IP) is quietly becoming one of blockchain’s most practical frontiers — not as digital art, but as programmable infrastructure linking AI, gaming, and creative rights. BeInCrypto spoke with Andrea Muttoni, President and Chief Product Officer of Story, an on-chain IP platform building the rails for global licensing and royalty automation. In this interview, Muttoni explains why adoption may arrive as a cultural moment rather than a technical milestone, how the $IP token aligns value with creative activity, and what legal interoperability means for the next decade of digital rights. The Rise of Programmable IP and the Architecture Behind…
Ethereum price moved sideways this week as demand from retail and institutional investors remained weak. Summary Ethereum price pulled back as ETH ETF outflows jumped. The coin has numerous catalysts, including its stablecoin growth. ETH price has formed a bullish flag pattern, pointing to a rebound. Ethereum (ETH) token was trading around $3,930 on Saturday, Oct. 25 — a level it has remained at in the past few days. This price is a few points above its lowest level this month. ETH ETF outflows continued One of the main reasons why Ethereum price remained under pressure is that institutional demand…