Author: NBTC

Solana has shown remarkable strength in its spot activity as its performance in the last day and week positions it ahead of major centralized exchanges, including Coinbase and Kraken. A recent chart on Solana’s spot trading volume compared to CEXs revealed a substantial surge in Solana’s trading performance despite the recent market weakness. Solana’s weekly volume crosses $7.1 billion Per the data, Solana has recorded more than $7 billion in its weekly spot trading volume, spanning from 12 June 2026 to 18 June 2026. Although the chart did not show details of its daily performance, the source confirmed that Solana…

The Bitcoin ($BTC) network has seen a surge in total transaction volume, reaching levels not seen since the 2024 bull run. Over the past three days, the Bitcoin transaction count, which measures the total number of transactions executed on the network daily, surged to approximately 831,000, according to data from CryptoQuant analyzed by Finbold on May 12. Bitcoin transaction count total. Source: CryptoQuant The notable spike in Bitcoin’s daily transaction count could signal an increased demand for transfers and trading, especially from institutional investors. With the flagship coin on an upward trend over the past few weeks, increased network activity…

This week, Compound Labs announced that Compound III has outperformed Compound v2 in both total assets and borrowing. The announcement highlights the significant growth of Compound III, which has reached over $1.6 billion in total assets and $490 million in borrowing since its launch last August. This achievement marks a notable milestone in the decentralized finance (DeFi) sector, as detailed in their official tweet. Market Snapshot The launch of Compound III has clearly made a substantial impact in the DeFi landscape. With over $1.6 billion in total assets and $490 million in borrowing across seven markets on four different networks,…

Stablecoin settlement infrastructure company Trace Finance has raised $32 million in a Series A funding round led by CoinFund. Coinbase Ventures, Jump Capital and Paxos were among the investors that participated in the round, the company said Wednesday in a statement shared with Cointelegraph. Trace Finance provides banking, foreign exchange and stablecoin settlement infrastructure for cross-border payments across Latin America. It claims to have processed more than $10 billion in transaction volume and plans to use the fresh capital to expand across LatAm, the US and Asia-Pacific markets. The funding comes as stablecoin settlement increasingly moves into regulated financial infrastructure,…

Hooks Implementation: Allows attaching programmable logic to accounts and contracts to execute automatic business rules without altering the protocol. Airdrops and monetization: The HIP-904 and HIP-991 proposals optimize mass asset distribution and the creation of personalized revenue models. Security and self-custody: Developers can program advanced transfer conditions, allowing the user to always maintain control of their funds. The Hedera network continues to evolve to meet the demands of developers and companies seeking a scalable distributed ledger infrastructure. Through Airdrop and monetization upgrades, the platform expands native capabilities to customize services according to specific needs. On the technical side, the introduction…

In brief Rodney Burton pleaded guilty to conspiring to run an unlicensed money-transmitting business tied to an alleged $1.8 billion crypto fraud scheme. Burton personally received more than $7.8 million from the scheme and enlisted celebrities to help boost his profile. He faces up to five years in prison, with sentencing scheduled for July 23. A Florida man known online as “Bitcoin Rodney” pleaded guilty in federal court in Baltimore this week to conspiring to run an unlicensed money transmitting business tied to a $1.8 billion cryptocurrency fraud scheme, according to prosecutors. The 56-year-old Rodney Burton of Miami, who also…

DefiLlama shows Pump.fun generated $108.3 million in gross revenue during the first quarter and $69.2 million in the second quarter to date, marking a 36.1% decline from the prior quarter’s pace. The broader Pump stack, which includes PumpSwap and Terminal alongside Pump.fun, shows Q2-to-date gross protocol revenue of $179.3 million, 37.5% below the first quarter’s $287.1 million, while earnings fell from $120.9 million to $79.1 million over the same period. Pump.fun’s scale ranks among the most profitable consumer applications ever built on Solana. Its cumulative revenue exceeds $1 billion, and the broader Pump stack has generated $1.18 billion since launch.…

Block Inc.’s (XYZ) Square has crossed a threshold of roughly 1 million merchants now enabled to accept Bitcoin payments. The figure, cited by a member of Block’s team, reflects a wave of auto-enrollment that began March 30, when Square automatically switched on $BTC payments by default for eligible U.S. sellers. At its peak pace, a new business was activating the feature every eight seconds. The rollout is powered by the Lightning Network, enabling near-instant settlement while merchants receive U.S. dollars by default, removing currency risk from the equation. In other words, customers can pay in Bitcoin via Lightning while merchants…

Wang Chun, the founder of F2Pool — one of the world’s top five Bitcoin mining pools by hashrate — has executed a significant purchase of Ethereum ($ETH) and Wrapped Bitcoin (WBTC). On-chain data shows that a wallet linked to Chun withdrew 7,650 $ETH and 124.18 WBTC from the Binance exchange over a four-hour window. The total value of the acquired assets is approximately $20.3 million (28 billion won). On-Chain Movement and DeFi Integration Following the withdrawal, the funds were deposited into Spark, a decentralized finance (DeFi) platform built on the Ethereum network. Spark is a lending and borrowing protocol that…

The most-used private dollar on earth does not move primarily over an American chain. It moves over Tron. Of the more than $180 billion in $USDT Tether has in circulation, close to half sits on Tron, roughly $89 billion of supply on a single network with no US nexus and a founder the SEC spent three years pursuing. The reserve debate in Washington has almost nothing to say about that. One chain, half the supply Tron has quietly become the settlement layer for the dollar that emerging-market users actually touch. The pull is simple: transfers are cheap, liquidity is deep,…