Author: NBTC

Stablecoins are emerging as the first true “killer app” of blockchain, shifting from speculative assets to critical financial infrastructure. Local currency stablecoins are gaining traction for domestic payments, while dollar-backed stablecoins remain the global reserve on-chain. Disrupting the Remittance Modern Era The rise of stablecoins marks a pivotal shift in digital finance, moving from speculative crypto assets to essential global infrastructure. While the broader blockchain market has often struggled to identify a “killer app,” stablecoins have achieved undeniable product-market fit by addressing a fundamental friction: the movement of value. By digitizing the dollar, these assets allow money to move with…

After the US Securities and Exchange Commission (SEC) outlined four broad categories of digital assets that fall outside securities laws, Chair Paul Atkins offered further clarity on why nonfungible tokens (NFTs) generally do not meet that definition. In a Wednesday interview with CNBC, Atkins reiterated that the agency’s recent interpretive release identified four types of digital assets that are typically not considered securities: digital commodities, digital tools, digital collectibles such as NFTs, and stablecoins. During the interview, host Andrew Ross Sorkin pressed Atkins on digital collectibles, noting they could more easily resemble securities depending on how they are structured. “Well,…

During his remarks at the DCBlockchain Summit in Washington DC, Changpeng Zhao highlighted the lack of competition and high transaction fees in the US cryptocurrency market. According to Zhao, this situation both restricts liquidity and causes American investors to trade at worse prices compared to global markets. Zhao noted a significant shift in US cryptocurrency policies recently, with entrepreneurs who had previously moved abroad beginning to return to the country. Arguing that the US has major advantages with its Silicon Valley talent pool, strong venture capital structure, and Wall Street funding power, CZ said, “I didn’t expect the US to…

Amid escalating tensions in the Middle East, a rare scene has emerged in the cryptocurrency market: institutions bought $1.06 billion in Bitcoin ETFs in a single week, while retail investors were taking short positions. In this game of hedging versus speculation, how should ordinary investors position themselves? As the flames of conflict spread across the Middle East, the crypto market is witnessing an unprecedented “divergence moment.” On one side, institutional investors view Bitcoin as a geopolitical hedge. During the week ending March 21, digital asset investment products recorded $1.06 billion in inflows, with Bitcoin funds alone accounting for $793 million,…

Key Takeaways The evolution of computing has significantly impacted both business and personal lives, expanding from personal computers to AI. AI is expected to continue driving technological advancements and will permeate various aspects of life and business. AMD plans to integrate AI into every product they build, making it foundational to their applications. Generative AI has made AI technology more accessible, accelerating its adoption among the general public. High performance computing is crucial for training advanced AI models, supporting AI’s capabilities. The semiconductor industry thrives on collaboration and open ecosystems, with no single company able to do it all. Different…

Key takeaways Argentina has a significant number of daily crypto users, with about 5 million people engaging with it regularly. Devconnect is the largest Ethereum event ever organized in terms of attendance. The decision to create a world fair format for the event was driven by the need to showcase practical applications of Ethereum. Argentina is an ideal location for showcasing Ethereum due to its high usage of crypto and stable coins. About 50% of the attendees at the event are local. A streamlined process with the immigration office allowed for over a thousand visas to be issued to attendees…

The ongoing crypto winter has left many Bitcoin traders in Vietnam with unwanted experiences. Bitcoin’s decline to below $60,000, reflecting more than 50% drawdown from an all-time high of over $126,000, has left many Vietnamese crypto speculators with sour tastes. Losing is a Part of Learning Despite his losses, one such Bitcoin trader in Vietnam, Hoang Le, a computer science student in Hanoi, described the experience as a learning curve, saying he has come to think of the losses as “tuition fees.” Le started trading Bitcoin from his university dorm room, egged on by his gamer friends. He grew his…

Losing a race is unusual for the crypto industry’s political action committee, Fairshake, which has recorded a dominant record in the past two congressional elections. But the Illinois primaries this week saw its biggest-ever setback, likely to conclude with a new member of the Senate next year being somebody the PAC spent more than $10 million trying to defeat. Illinois Lt. Gov. Juliana Stratton won her Democratic primary, and her state’s Democrat lean means she’s likely to be its next senator after the November general election. One of Fairshake’s affiliates had devoted millions to purchase opposition advertising in that race…

According to a recent OKX survey, centralized platforms continue to dominate trading activity, with 52% of respondents using these exclusively. Notably, the research showed that the next phase of crypto growth won’t be fully centralized or fully decentralized. It will be built on infrastructure that combines the strengths of both. OKX Finds CeDeFi Appeal Surges Among US Crypto Users OKX surveyed 1,000 active US traders to assess how market participants approach on-chain trading and what conditions could accelerate broader participation. While over half of respondents used only centralized platforms, the other 48% combined both centralized and decentralized tools. When presented…

Amid escalating tensions in the Middle East, a rare scene has emerged in the cryptocurrency market: institutions bought $1.06 billion in Bitcoin ETFs in a single week, while retail investors were taking short positions. In this game of hedging versus speculation, how should ordinary investors position themselves? As the flames of conflict spread across the Middle East, the crypto market is witnessing an unprecedented “divergence moment.” On one side, institutional investors view Bitcoin as a geopolitical hedge. During the week ending March 21, digital asset investment products recorded $1.06 billion in inflows, with Bitcoin funds alone accounting for $793 million,…