Author: NBTC

An Australian Securities Exchange (ASX) shareholder plans to seek Federal Court permission to sue certain former ASX officers and directors over alleged breaches of duty connected to its failed blockchain-based clearing and settlement overhaul. On Wednesday, ASX said Rosherville Pty Ltd had notified the exchange that it proposes to apply for leave to commence a statutory derivative action under sections 236 and 237 of Australia’s Corporations Act. If approved, Rosherville would bring the proceedings on ASX’s behalf. The exchange said there were no allegations against ASX itself. It did not identify the former officials targeted, describe their alleged breaches in…

Major crypto exchange Binance has extended its $RLUSD airdrop rewards campaign, giving eligible users four more weeks to participate. Although the same terms still apply, this time the campaign comes with a significantly larger reward pool of 1 million $XRP tokens, with Binance highlighting the pool’s value based on the current market price of $XRP. In July, Binance launched an airdrop campaign rewarding all eligible users who hold Ripple USD ($RLUSD) on its platform, which began on July 17. A grand prize pool of $800,000 in $XRP was announced in rewards, with the campaign slated to end on August 14.…

Strategy-linked wallets moved another 1,030 $BTC worth $66.14M, reviving debate over whether institutional holders had turned more defensive. Although the company has repeatedly moved Bitcoin between wallets without selling, the latest transaction arrived as market sentiment remained fragile. However, attention quickly shifted toward derivatives after a newly created wallet deposited 2.44 million USDC into Hyperliquid and opened a 40x leveraged short worth roughly $102.6 million on Bitcoin. The position carried a liquidation price of $64,888.97, placing it close to the prevailing market price. Together, both transactions intensified bearish speculation because they appeared within hours of each other. Binance whales step…

Something strange happened in the stablecoin market last month. Supply fell by $7.7 billion in June 2026 — the sharpest monthly contraction since the Terra-Luna collapse wiped out nearly a fifth of the entire market in 2022 — yet on-chain activity exploded to levels never seen before. The divergence cuts to the heart of current stablecoin market dynamics: fewer tokens in circulation, but those tokens moving faster and harder than ever. Key takeaways Stablecoin market cap fell $7.7B in June 2026 to around $312B, the largest monthly dollar drop since Terra’s 2022 collapse. Transaction volume hit a record $1.79 trillion…

Intersect has released an update on the status of the van Rossem hard fork, a pivotal upgrade for the Cardano blockchain. This intra-era hard fork will implement Protocol Version 11, introducing performance enhancements to Plutus, improved ledger consistency, and heightened node security. The upgrade also includes new primitives, VRF key uniqueness, and revised rules for reference inputs. Ratification timeline and governance process The Cardano network is in the closing 12 hours of epoch 642, a key window for completing the governance procedures required for the hard fork’s ratification. Cardano is a proof-of-stake blockchain platform focused on scalable and secure decentralized…

Cardano founder Charles Hoskinson has praised TRON founder Justin Sun while sharing a more reserved outlook on the stalled CLARITY Act. He also addressed Monad, making it clear that he has no issue with the project. Hoskinson Praises Justin Sun Hoskinson spoke positively about his long-standing relationship with Justin Sun, describing it as friendly and respectful despite their different positions in the crypto industry. “I like Justin Sun, he’s been very nice to me throughout all the years. We’ve had a very pleasant, affable relationship, a lot of respect,” Hoskinson said. He also praised Sun’s ability to keep pushing forward…

Altcoin trading volumes have reached remarkable levels on Upbit and Bithumb, two of South Korea’s largest cryptocurrency exchanges. According to data from the last 24 hours, Cysic ($CYS), Cap ($CAP), Ontology Gas ($ONG), and CoW Protocol ($COW) stood out as the altcoins most heavily traded by South Korean investors. When the trading volumes of the two exchanges in Korean won trading pairs are combined, Cysic ($CYS) topped the list with a trading volume of $36.4 million. Almost all of the $CYS volume occurred through Bithumb, with the token alone accounting for approximately 17.9% of the exchange’s total spot trading volume.…

As Bitcoin ($BTC) price rebounded above $64,000 on August 5, Aksel Kibar, a former fund manager, expects a possible rally to above $67,000 in the short term. Kibar argued that Bitcoin price could be eyeing a retest of the resistance level around $67,200 in the near term, according to his August 4 X post, which Finbold analyzed on Wednesday. With Bitcoin price trading at $64,170 at the time of publication, he signals a plausible 4.72% upside in the near future. $BTC price 1D chart. Source: TradingView This analyst highlighted that $BTC price has possibly bottomed out after hitting a low…

Psalion announced its third and largest venture fund on July 27, introducing a $50 million Singapore vehicle for pre-seed and seed-stage blockchain companies. The firm said Fund III will target infrastructure, middleware, trade finance, real-world assets, stablecoins, decentralised finance and selected consumer applications. The announcement was followed one hour later by Fund III’s first publicly disclosed deal. Psalion said it led a $4 million funding round for Beezie, a commerce platform that links physical collectibles with on-chain digital twins. 吴说获悉，数字资产投资机构 Psalion 推出其迄今规模最大的第三期风投基金，募资规模为 5000 万美元，将重点投资基础设施、中间件、贸易融资、RWA、稳定币及 DeFi 领域的种子轮和早期项目。该基金采用新加坡 VCC 架构，由持有新加坡金管局牌照的 Conduit Asset Management… — 吴说区块链 (@wublockchain12) July 28, 2026 Psalion Fund III…

Hoskinson responded harshly to the Cardano community following Solana’s deal with SBI Holdings in Japan, rejecting personal responsibility. SBI Holdings announced an alliance with Solana to issue stablecoins and tokenize assets in a region where Cardano historically obtained 90% of its initial funding. The Cardano founder demanded that those making claims present legal mandates and on-chain votes before assigning him commercial obligations. Charles Hoskinson responded harshly to the Cardano community’s complaints after SBI Holdings, the Japanese financial giant, announced an alliance with Solana to launch stablecoins and tokenize assets in Japan. The news triggered a wave of criticism among ADA…