Author: NBTC

In brief SharpLink will stake $200 million of Ether through Lido’s liquid-staking protocol. The move is about 106,000 $ETH, roughly 12% of the ~889,000 $ETH SharpLink held as of early August. wstETH sits across more than 100 protocols with about $10 billion in active-use collateral, so SharpLink keeps earning yield while staying liquid. Miami-based digital asset treasury company SharpLink said Thursday it will stake $200 million of Ethereum through Lido, the largest liquid-staking protocol on Ethereum. The tokens arrive as wrapped staked $ETH (wstETH)—a receipt token representing staked $ETH plus its rewards—and Anchorage Digital will hold them in custody. Myriad:…

Crypto fundraising rebounded sharply in July, with total capital raised reaching $2.235 billion across 46 deals, according to data from RootData. That marks a 148.9% increase from the $889 million recorded in June, signaling renewed investor appetite despite ongoing market volatility. CeFi dominates fundraising activity Centralized finance (CeFi) emerged as the top sector, attracting $1.23 billion across nine deals. This represents more than half of all funds raised during the month, underscoring continued investor confidence in regulated, institutional-grade platforms. Notable deals in this category include infrastructure and lending projects that aim to bridge traditional finance with digital assets. Infrastructure followed…

A recent report by CoinGecko found that Ripple’s cross-border token is the only cryptocurrency besides the market leader to remain among the largest 10 cryptocurrencies every year for a decade. This came despite the asset’s ups and downs, some of which pushed it to new lows. $XRP Remains in Top 10 Before we delved deeper into the report, we have a confession to make. It’s not really a new report. It actually came out over a month ago, but we somehow missed it. Nevertheless, we still think it’s a fun Sunday morning read, so here we go. CoinGecko outlined that…

Toss Payments, the payment gateway affiliate of South Korean fintech giant Toss, has been named the preferred bidder to participate in a government-led project to build a deposit token-based payment infrastructure. The initiative, reported by Edaily, is part of a blockchain innovation flagship project overseen by the Ministry of Science and ICT and the Korea Internet & Security Agency. Government-Led Push to Lower Payment Fees The project is designed to ease the financial burden of payment processing fees on small business owners, a persistent issue in South Korea’s highly digital retail environment. By leveraging deposit tokens—digital representations of commercial bank…

Miners quickly chose the more profitable version, the original Bitcoin. The new chain, which inherited Bitcoin’s massive mining difficulty, attracted only a tiny fraction of hashpower and produced just two blocks before grinding to a halt. Meanwhile, the original Bitcoin network continued uninterrupted, retaining virtually all activity, liquidity and security. “Bitcoin worked exactly as designed,” Michael Saylor, the founder of $BTC-holding company Strategy (MSTR), said on X. Contrast that with the so-called free-market economies of the world. Falling corporate profitability should trigger cost-cutting and layoffs, but electoral politics often leads governments to block that adjustment, resulting in prolonged industrial sickness.…

Hashcash creator and Blockstream CEO Adam Back has publicly backed Ethereum’s cryptographic course correction, saying the industry should have abandoned experimental algorithms in favor of time-tested security standards long ago. His statement came as a reply to Ethereum Foundation researcher Justin Drake, who announced that the platform was completely shutting down its project to integrate the specialized Poseidon hash function. After eight years of work and substantial investment, Ethereum is returning to conventional SHA or BLAKE2s standards at Layer 1. Why Ethereum cryptography pivot proves Adam Back right Commenting on Drake’s post, Back said he had never trusted custom ZK-optimized…

Zhibao Technology, a Nasdaq-listed Chinese insurtech company, signed a $154.7 million private investment in public equity (PIPE) agreement payable in 2,380 $BTC. If it closes, investors would take control of the board and management. No closing had been disclosed as of Aug. 1. Under the July 31 securities purchase agreement, investors would buy 442 million units at $0.35 each. Every unit contains one Class A ordinary share plus a two-year warrant to buy another Class A share at $0.35. The potential issuance totals 884 million new shares: 442 million at closing and up to 442 million later through warrant exercise.…

A full node is the program that keeps a complete copy of a blockchain, the Zcash ledger, in this case, and independently checks every transaction against the network’s rules. Zakura is a fork of Zebra, the Zcash Foundation’s node software – meaning it started from the Foundation’s official code and was rebuilt from there. Consensus rules are the shared rulebook every node enforces, the thing that decides which blocks and transactions the whole network accepts as valid. If a node applies different rules, it forks off and stops following the same chain as everyone else. Pruning, snapshots and compatibility Zakura…

SushiSwap, a prominent decentralized exchange protocol, has announced the launch of Sushi Launch, a new platform built on Robinhood Chain. The platform enables users to create and deploy tokens that are paired for trading with real-world asset (RWA) tokens, including tokenized stock tokens. This move marks a significant step in bridging traditional finance with decentralized trading infrastructure. What is Sushi Launch? Sushi Launch is designed to streamline the token issuance process. Users can create and issue tokens linked to tokenized real-world assets, such as equities. Once a token goes live, a Sushi V3-based liquidity pool is automatically opened, providing immediate…

Bitcoin, the leading cryptocurrency, is trading just under $65,000, up 4% in the past week. While this increases expectations for a continued rise in $BTC, one analyst has indicated a bearish forecast. At this point, experienced analyst and commodities trader Peter Brandt argued that the downside risk for Bitcoin has not yet disappeared, pointing out that the downside risks persist and warning investors against the possibility of a new decline. Brandt’s latest assessment suggests that Bitcoin may retest lower levels in the coming period. Veteran analyst Brandt states that the probability of further declines in Bitcoin is higher and that…