Author: NBTC

L2Beat, an analytical research platform, removed about $7 billion in non-circulating $RAIN tokens from Arbitrum’s Total Value Secured. The analytics platform said the assets were held in project-controlled multisignature wallets and should not have counted toward the network’s secured value. The change was not linked to an exploit, protocol failure, or capital withdrawal. L2Beat’s head of research, donnoh.gwei, said the adjustment corrected how the platform treated tokens controlled by the project team. $RAIN Valuation Faces Scrutiny After TVS Drop The removal caused a sharp drop in Arbitrum’s reported TVS. L2Beat clarified that the decline resulted from a methodology change rather…

India’s crypto tax debate has returned after the Bharatiya Janata Party announced new national office-bearers on August 17. The organizational reshuffle has revived discussion about wider economic reforms, although it contained no proposal to change virtual digital asset taxation. Reports about a possible Modi cabinet reshuffle also remain speculative. Therefore, the current 30% VDA tax and 1% TDS remain firmly in place. Crypto commentator Pushpendra Singh raised possible reforms on X, including lower capital-gains taxes and changes to crypto taxation. 🔥 Big Crypto Tax Shake-Up Coming?I have a feeling the next big move could be MASSIVE for Indian investors 🇮🇳What…

NAVI Protocol has launched NAVI Prime, a Sui-based lending framework designed for funds seeking more clarity, transparency, and control over capital management. NAVI Protocol said NAVI Prime was built for funds with more demanding requirements around clarity, transparency, and control. Deployed on the Sui blockchain, the framework provides lending infrastructure for institutions and professional capital. 1/Today, we’re introducing NAVI Prime.A new lending framework on @SuiNetwork designed for capital that demands greater clarity, transparency, and control.👇🧵 pic.twitter.com/9RILmz6krX — NAVI Protocol (@navi_protocol) August 17, 2026 According to the announcement, NAVI Prime focuses on giving professional investors a more transparent and controllable way…

There is a fierce battle being waged between Bitcoin [$BTC] bulls and bears as the price climbs back above $65K once more. The on-chain metrics covered in recent days showed that strong, sustained demand is not yet present to support a bullish trend reversal. Source: CryptoQuant On 5th August, as Bitcoin approached $65K, the centralized exchange Binance saw a spike in taker buyer volume. This buying spree was not large enough to overcome the limit sell orders sitting overhead. After absorbing the influx of demand, buyer exhaustion saw short-term price dips towards $64K in the last 48 hours. The $65K-$67K…

Ethereum developers are currently reviewing 66 proposals to narrow them down as part of scoping the next major Ethereum upgrade, Hegotá, with several proposals aimed at bringing more privacy capabilities into the protocol. FOCIL is currently the only Ethereum Improvement Proposal (EIP) scheduled for inclusion in the upgrade. Frame Transactions (EIP-8141), Keyed Nonces (EIP-8250) and Recent Roots for Frame Transactions (EIP-8272) should also be included to “unlock native privacy, allowing privacy apps to work without having to rely on intermediaries,” wrote Ethereum Foundation contributor Toni Wahrstätter in a Sunday X post. FOCIL, short for Fork-choice enforced inclusion lists, seeks to…

The Injective ecosystem just added another milestone to its growing AI ambitions. The blockchain has officially become a core member of the x402 foundation under the Linux foundation, joining a roster that includes Google, AWS, Visa, Mastercard, Stripe, Coinbase, Circle, and other major industry participants. It’s a notable development, especially as the race to build infrastructure for AI-driven finance starts shifting from theory to deployment. AI Infrastructure Moves Beyond The HYPE The announcement comes just a day after Injective unveiled its new AI agent SDK, giving developers a toolkit to build autonomous AI applications directly on-chain. According to the protocol,…

The U.S. Treasury Department has released a draft regulation containing key rules for enforcing the $GENIUS Act, which regulates the stablecoin market. The proposed framework aims to clarify the conditions under which companies wishing to issue stablecoins in the U.S. will be required to obtain federal or state licenses, and the terms under which stablecoins issued abroad can be offered to U.S. users. The Notice of Proposed Rulemaking (NPRM) published by the Treasury Department outlines the details of implementing Section 3 of the $GENIUS Act and will collect public comments on the regulation for 60 days. According to the draft…

Pharos Network (PROS), a layer-one blockchain focused on real-world asset tokenization and artificial intelligence, has expanded its RealFi ecosystem with the addition of PGNGI+, a new on-chain product tied to global private infrastructure investments. The product, launched through on-chain asset protocol Asseto Finance, represents the first offering of its kind within the Pharos ecosystem, giving token holders exposure to income rights from large-scale infrastructure projects worldwide. Bridging traditional infrastructure with decentralized finance PGNGI+ is built around interests related to next-generation infrastructure funds managed by Partners Group, a global private markets firm with over $140 billion in assets under management. The…

In brief Bitcoin trades at $64,938, up 1.06% on the day, but stuck below iboth the short-term and long-term moving averages. The U.S. economy shed 23,000 jobs in July, missing the 95,000 gain economists expected; CME FedWatch cut September hike odds to 40% from 55%. The short-term outlook remains bearish, but dwindling rate-hike odds may give investors hope. The U.S. labor market cracked harder than anyone expected. Employers cut 23,000 jobs in July—the first net loss since the pandemic-era recovery, and a sharp miss against the 95,000 gain economists had penciled in. The unemployment rate ticked down to 4.1% only…

DV Labs’ planned Aug. 15 Aztec exit was still incomplete by 2 a.m. UTC on Aug. 16: seven DV Labs-listed attesters remained in the on-chain VALIDATING state with 1.386 million $AZTEC in effective stake. The infrastructure operator announced the wind-down on July 16 and asked delegators to begin exiting by Aug. 5. DV Labs said late delegators would be penalized, but the available evidence does not identify a mechanism for that penalty or show that missing Aug. 5 caused a principal loss or any observed balance reduction. Aztec’s staking dashboard provider feed still attributed 16 delegations and 3.2 million $AZTEC…