Author: NBTC

Cryptocurrency exchange Kraken has reportedly acquired REAP, an Asia-based stablecoin infrastructure provider, for $600 million. The deal, first reported by Unfolded, marks one of the larger acquisitions in the digital asset sector this year and signals Kraken’s strategic push into stablecoin technology and Asian markets. What the Deal Entails According to the report, Kraken’s acquisition of REAP is valued at $600 million. REAP specializes in building infrastructure for stablecoin issuance, payment rails, and cross-border settlement, primarily serving clients in the Asia-Pacific region. The acquisition would give Kraken direct access to REAP’s technology and network, potentially enabling the exchange to offer…

$XRP community researcher SMQKE argues that Ripple’s technology, including parts linked to the $XRP Ledger, may give it an advantage that rivals may struggle to replicate. The claim focuses on patents and other forms of intellectual property, and how they influence competition in digital banking. Key Points SWIFT can’t copy $XRP Ledger; researcher says integration of Ripple tech is the path forward. Ripple’s patents and IP may give it an edge, limiting competitors from building identical blockchain payment systems. Fintech firms use patents and trade secrets to protect innovations in speed, security, and cross-border payments. SWIFT is building its own…

Russia has sanctioned a 17-year-old British schoolboy after he published a report exposing the country’s sanctions evasion which was partially enabled by Kyrgyzstani firms. Reuters reported yesterday that Alexander Browder was sanctioned and barred, alongside four other British nationals, from entering Russia. Russia’s foreign ministry claimed the sanction was warranted due to the “provocative anti-Russian rhetoric of British officials, ​the spread of insinuations about Russia, and ​London’s practical steps to supply the Kyiv regime with weapons.” Roughly three months prior, Browder submitted a 46-page report to the Henry Jackson Society think tank detailing the scale of cryptocurrency money laundering within…

Binance has launched its first batch of tokenized U.S. stocks, allowing users to convert eligible equities into on-chain assets that can trade around the clock. According to Binance’s official announcement, the exchange has introduced bStocks, a product backed 1:1 by underlying U.S. securities and issued by Binance Group affiliate BTech Holdings Limited. Binance said the tokens represent rights tied to the underlying securities but do not grant direct ownership of shares in the listed companies. Trade Stocks on Binance.Buy & sell 7,000+ stocks and ETFs, from as little as $5.👉 https://t.co/IQVBAuxxey pic.twitter.com/4n0IxUOTSq — Binance (@binance) June 10, 2026 Eligible users…

The high-performance blockchain engineered for fast and cheap transactions has garnered attention, reaching large stablecoin volumes after making stablecoin movements fee-free at the protocol level. According to Certik, the network has settled nearly $65 billion in stablecoins since June 10. Key Takeaways: Mysten Labs cut Sui fees, driving $65B volumes since June 10 after making stablecoins transactions free. Certik noted Sui hit $2.27T in volume since early 2024, focusing on B2B markets and retail use. Adeniyi Abiodun states Sui aims to increase market adoption as devnet tests private transactions. Sui Attracts Attention With Gasless Stablecoin Transactions, Reaches $65 Billion in…

Rising US Treasury yields are increasing pressure on the cryptocurrency market, particularly Bitcoin. Recent analyses indicate that rising US Treasury bond interest rates are increasing the opportunity cost for investors to hold Bitcoin, which could reduce interest in digital assets. According to the analysis, the rising risk-free yields offered by US government bonds are reducing the attractiveness of alternative investment instruments such as Bitcoin and Gold. Government bonds, offering higher interest rates, are becoming more appealing to investors seeking safe havens compared to highly volatile crypto assets. The yield on two-year US Treasury bonds rose to 4.05%, reaching its highest…

Wall Street has already bent Bitcoin, and Loudmouth says crypto people should stop pretending otherwise. Speaking with Cryptopolitan at Consensus Miami, Adam Patterson, better known as Loudmouth, said institutions have already changed the way Bitcoin behaves in the market. Asked if big finance is taking away the trust, decentralization, and fixed supply culture that made Bitcoin different, Adam answered: “Of course they are and they already have. And that’s why it didn’t repeat the way it had all the previous cycles. But, you know, that’s the price that you’re going to have to pay for that kind of institutional money…

Another memecoin cycle recently demonstrated the degree to which certain aspects of the market can be detached from fundamentals and sanity. Ridiculous growth In a matter of hours, a token known simply as SCAM increased by more than 54,000%, transforming a small entry into a five-figure result. There was no underlying development, adoption, or utility that served as the trigger. One social catalyst was connected to Elon Musk’s remarks in public. The truth is revealed by the on-chain data. One address, that ends with JEvCp, gained 10.46 million tokens in just 90 seconds after launch, entering the position nearly instantly…

In brief Tether billionaire Christopher Harborne donated another £3 million to Reform UK in the first quarter of the year. BitMEX co-founder Ben Delo donated a further £4 million across two donations. The crypto billionaires’ contributions to Reform UK amount to some 28% of the donations received by all political parties in Q1 2026. Nigel Farage’s Reform UK party collected $9.4 million (£7 million) from cryptocurrency billionaires Christopher Harborne and Ben Delo in the first quarter of 2026, a sum that exceeded the total donations received by each of the Conservative and Labour parties. Christopher Harborne, ranked as the UK’s…

Japan’s largest marketplace, Mercari, announced Shiba Inu ($SHIB) and Dogecoin ($DOGE) to its app, allowing 23 million users to buy the assets directly with money earned from selling second-hand items or with bonus points. The technical side of the integration is provided by the exchange Coincheck through its new API service, Crypto as a Service (CaaS). This mass launch relies on an already prepared audience, as the number of crypto accounts inside Mercari has exceeded 4 million, with 85% of them opened by people with no prior trading experience. The addition of $SHIB fits perfectly into the demand from these…