Author: NBTC

In a groundbreaking move to enable users to access more DeFi applications and earn rewards, Deel, an emerging stablecoin wallet, today entered into a strategic partnership with Morpho, a decentralized lending protocol. Deel is an upcoming stablecoin wallet network designed for global workers, allowing them to hold earnings in a stable currency, spend worldwide, and earn rewards. This partnership enabled it to integrate Morpho’s lending infrastructure, allowing users on its stablecoin wallet to interact with various DeFi lending products, creating a pathway to advanced DeFi applications’ accessibility and liquidity. .@deel Stablecoin Wallet, powered by MorphoDeel puts dollar-backed balances into the…

A member of the European Central Bank Governing Council has indicated that the upcoming June meeting will determine whether interest rates are raised or left unchanged, underscoring growing uncertainty over the next phase of eurozone monetary policy. According to Kocher, cited in Jinshi reports, policymakers are effectively split between maintaining current restrictive levels and implementing another rate hike depending on incoming inflation and growth data. The comment highlights how the ECB is entering a decision-sensitive phase, where small shifts in macroeconomic indicators could determine whether policy tightening continues or stabilizes. Inflation uncertainty keeps ECB in a split-decision phase The ECB’s…

Jito Foundation and Solana Company (NASDAQ: HSDT) have announced a strategic partnership to deploy institutional-grade Solana validator infrastructure and staking products across the Asia-Pacific region, targeting asset managers and financial firms in Hong Kong, Singapore, Japan, and South Korea. The two Solana juggernauts plan to jointly operate high-performance Solana validators anchored by Pacific Backbone, Solana Company’s institutional infrastructure network which cuts across four different APAC markets. The validators will run Jito’s Block Assembly Marketplace (known as BAM), which connects to Jito’s block-building layer and enables optimized transaction processing on the Solana network. The partnership also includes co-developing staking and yield…

For roughly a year, Chinese companies had a neat workaround for US chip export controls: just buy the chips through a subsidiary in Malaysia or Singapore. The US Commerce Department just killed that trade. The Bureau of Industry and Security issued guidance on May 31 mandating that advanced AI processors, including Nvidia’s Blackwell and Rubin chips and AMD’s MI350x, now require export licenses when sold to Chinese-headquartered entities. The key change: it doesn’t matter where the delivery happens. A Chinese company’s subsidiary in Southeast Asia is still a Chinese company in the eyes of BIS. How the loophole worked The…

How MiCA and $EURCV Are Driving $XRP Ledger and Multi-Chain Stablecoin Adoption According to Evernorth, the debate is no longer about whether traditional banks will adopt blockchain, it is already happening. As a result, the focus now is on the pace of adoption, the networks that will support regulated financial activity, and the extent to which blockchain becomes embedded in mainstream banking over the next 18 months. Europe is providing one of the clearest examples of this shift. Société Générale’s digital asset subsidiary, SG-FORGE, has expanded its euro-backed stablecoin, $EURCV, across multiple public blockchains, including the $XRP Ledger (XRPL), Ethereum,…

In today’s newsletter, Sarah Cummings from Morgan Stanley Investment Management provides insights and considerations when assessing crypto exchange-traded funds. Then, in “Ask an Expert,” Ryan Tannahill from iA Private Wealth USA, answers questions about borrowing against bitcoin assets. Assessing Crypto ETPs in an Evolving Market When evaluating exchange‑traded funds (ETFs), investors typically focus on factors such as fees, liquidity and tracking. Spot bitcoin exchange‑traded products (ETPs) introduce additional dimensions of due diligence that investors may be less accustomed to assessing. First launched in January 2024, these vehicles — structured as grantor trusts under the 1933 Act — seek to track…

The first week of June has split DeFi in two. Whale flows, total value locked, and sharp price moves point to three DeFi tokens and their respective projects to watch, where one is running hot, and two are bleeding. This time, the smart-money signal and the price action mostly agree. Hyperliquid ($HYPE) Hyperliquid is the week’s clear winner. $HYPE is up about 17% over seven days and roughly 51% over the past month, even after an 8% pullback in the last 24 hours. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. The…

BlackRock Chief Operating Officer Rob Goldstein revealed that demand for cryptocurrency has significantly exceeded the firm’s initial projections, marking a notable shift in institutional sentiment toward digital assets. Speaking during a Binance online stream, Goldstein addressed the market’s reception of BlackRock’s spot Bitcoin exchange-traded fund (ETF), IBIT, and outlined the asset manager’s broader strategic outlook on blockchain-based finance. Demand Driven by Value Proposition, Not Speculation Goldstein emphasized that the global demand for IBIT was stronger than anticipated, describing the interest not as fleeting speculative enthusiasm but as a recognition of a new value proposition rooted in emerging technology. He noted…

Meme coins moved back into the spotlight this week. Bitcoin climbed above $82,000, oil prices fell, and global risk assets bounced on signs of progress toward a U.S.-Iran peace agreement. $BONK also drew attention at Consensus Miami. The sector had struggled for much of the year. This week’s rally brought renewed focus to Dogecoin, Shiba Inu, Pepe, and $BONK. $BONK’s Regulatory Push Tests Meme Coin Survival At the ongoing Consensus Miami on Tuesday, $BONK core contributor Nom compared a new meme coin trade to a seven-leg parlay. He said the odds were roughly the same. Nom said most meme coin…

Swan Bitcoin has dismissed its lawsuit against Proton Management and several former employees, marking a major development in the long-running legal battle tied to a Bitcoin mining venture involving Tether. According to a statement released by Proton on June 1, a federal judge dismissed Swan’s California lawsuit against all defendants after Swan allegedly conceded in related UK litigation that it did not own the trade secrets and proprietary assets central to its original claims. “The Court has now dismissed Swan’s entire case against all defendants,” Proton said in the release. The dispute stems from the collapse of a Bitcoin mining…