Author: NBTC

Liquidity begets liquidity, so the saying goes. Hyperliquid, as its name suggests, has become the decentralized exchange of choice for many traders, particularly those who want to trade perpetual futures or “perps,” blockchain-based derivatives contracts that allow users to speculate on the price of an asset with leverage and no expiration date. Created by Harvard classmates Jeff Yan and a pseudonymous developer known as iliensinc, Hyperliquid, which went live at the start of 2023, is capitalizing on its volume and depth of order book by offering firms something akin to composibility: the concept from decentralized finance (DeFi), whereby permissionless smart…

Former Fidelity fund manager George Noble has warned that an AI bubble crash could cause 17 times more damage than the dot-com collapse, which erased about $5 trillion from the Nasdaq. According to Polymarket, the probability of an AI bubble bursting in 2026 has climbed above 17% after recently falling from 30% to 14%. Contracts using different resolution criteria placed the likelihood between 16% and 24% as traders weighed falling technology shares, revenue concerns, and weakness across global markets. Noble tied his forecast to the large sums flowing into AI infrastructure, arguing that the financial fallout could extend far beyond…

Shiba Inu burn tracker Shibburn recently shared an hourly update reporting 124,023,282 $SHIB burned in the last 24 hours, with the daily burn rate surging by 405.21%. Shiba Inu burn accelerated in the early hours of Saturday, according to the Shibburn website; this saw a cumulative 124 million $SHIB burned in 24 hours. HOURLY $SHIB UPDATE$SHIB Price: $0.00000497 (1hr -0.27% ▼ | 24hr 2.71% ▲ )Market Cap: $2,930,406,001 (2.71% ▲)Total Supply: 589,156,420,211,280TOKENS BURNTPast 24Hrs: 124,023,282 (405.21% ▲)Past 7 Days: 2,901,334,219 (-92.26% ▼) — Shibburn (@shibburn) August 2, 2026 In the last seven days, a total of 2,901,334,219 $SHIB were burned,…

The ethics piece has President Donald Trump’s crypto business empire squarely in mind as it seeks to ban senior government officials from direct ties to the industry. Trump recently agreed to accept a narrow version of this concept, surprising some crypto insiders with his willingness, and the White House hailed it as an unprecedented ethics constraint that directly affects the president. But Democratic opponents argued it’s structured in such a way that Trump won’t have to do much — if anything — to comply, and that he won’t have enforcement worries from a Department of Justice led by his appointed…

HyroTrader has announced that it is launching Hyro Protocol, an on-chain proprietary (prop) trading protocol built on Solana that settles in USDC. The Prague-based firm first made the announcement on July 8, stating that it is a response to the funded trading industry’s central credibility problem. Historically, traders and capital providers have had no way to independently verify what a prop firm’s dashboard tells them. Hyro Protocol is designed to remove that vagueness, and it says that it has made every key protocol event verifiable on-chain. HyroTrader’s CEO Samuel Drnda said, “Most prop firms still run on closed systems where…

Bitcoin’s price is losing ground once again, as the asset was rejected at over $66,000 earlier today and dumped to $64,000 minutes ago, shortly after the conclusion of the latest FOMC meeting and the subsequent press conference by the new Fed Chair, Kevin Warsh. Unlike what many expected when he replaced Jerome Powell, Warsh maintained a very hawkish tone during his speech, which caught investors by surprise. Not The Easy-Money Chairman DoubleLine Capital CEO Jeffrey Gundlach noted in an interview with CNBC that the new Fed Chair will aim for price stability instead of being the ‘easy money Chairman’ people…

The stablecoin market is fragmenting, and onchain capital allocator Spark is betting it can capitalize on the split. Fintechs, exchanges and banking groups are increasingly launching their own dollar-linked tokens. Each issuer wants to keep users, reserves and transaction activity inside its own network as competition ramps up. The stablecoin landscape “is about to fragment more and more,” Sam MacPherson, CEO of Phoenix Labs, said in an interview with CoinDesk. PayPal has $PYUSD, Circle has $USDC, and Tether has $USDT. Robinhood has joined the Global Dollar (USDG) consortium and is building its own chain, while OpenUSD (OUSD) is another large…

Federal Reserve Chair Kevin Warsh told the House Financial Services Committee on July 14 that the central bank will decline to rescue the cryptocurrency industry in a crisis, a message he delivered during his first semiannual monetary policy testimony as chair. The exchange came from Rep. Brad Sherman (D-CA), a longtime crypto skeptic, who asked whether the Fed would backstop failing digital-asset firms the way it supported money market funds in 2008. Warsh rejected the premise. “We do not want to be in the bailout business, full stop,” he said. He added, “We want to be in a position where…

Lite Strategy, a Nasdaq-listed company that holds Litecoin as its primary reserve asset, spent about $5.4 million repurchasing roughly 4.9 million shares through July 17. The company funded the purchases with an undisclosed mix of $LTC sales and covered-call premiums. The transaction shrank Lite Strategy’s reported Litecoin holdings but appears to have lifted $LTC backing per outstanding common share by about 1.7%. In a July 30 filing, the company said it paid an average of $1.11 and retired about 13% of the shares outstanding when the program began, without using debt. It reported 819,070 $LTC and 31,882,648 outstanding common shares…

The American Arbitration Association (AAA), one of the world’s largest providers of private dispute-resolution services, has launched a specialist panel for blockchain and digital-asset cases, giving companies access to arbitrators with expertise in the technical and legal complexities of crypto disputes. On Wednesday, the AAA said that its new Web3 Panel brings together arbitrators with experience across law, technology, academia, litigation and digital-asset businesses. The panel is designed to address disputes arising from increasingly automated and decentralized commercial systems, including disagreements over contract interpretation, governance, asset control, cybersecurity, transaction records and cross-border enforcement. The move signals that mainstream legal institutions…