Author: NBTC

Societe Generale plans to bring SG-FORGE’s EUR CoinVertible and USD CoinVertible to Canton Network as part of a push into collateral, repo financing, and settlement. The May 13 move puts the French bank’s stablecoin effort closer to the operating layer of institutional markets. SG-FORGE has already issued regulated CoinVertible tokens, and CryptoSlate has covered the bank’s push into dollar and euro stablecoins. The Canton announcement connects those tokens to the market plumbing where collateral eligibility, margin calls, repo counterparties, settlement controls, and privacy requirements decide whether tokenized finance can move beyond isolated issuance. In a May 13 statement, Societe Generale…

Ripple SVP Confirms $XRP Is Essential to $RLUSD on XRPL At Consensus 2026 in Miami, Ripple SVP Jack McDonald delivered one of the clearest explanations yet of how $XRP and $RLUSD work together. His message was unmistakable: $RLUSD isn’t replacing $XRP, it relies on $XRP to function on the $XRP Ledger. Explaining how $RLUSD functions on the $XRP Ledger, McDonald emphasized that $XRP remains essential to the network’s infrastructure. As the ledger’s native gas token, $XRP powers every $RLUSD transaction processed on XRPL behind the scenes. While reinforcing $XRP’s central role in facilitating activity across the network, he said: “Everything…

The biggest fights over tech regulation aren’t happening in Congress anymore. They’re happening in state legislatures, and companies like DraftKings, Meta, and Andreessen Horowitz are writing very large checks to make sure the outcomes go their way. The three have collectively funneled millions into state-level political campaigns, targeting races that most voters barely notice but that carry enormous consequences for how online gambling, social media, and cryptocurrency get regulated across the country. Illinois became ground zero The Illinois 2026 primaries offered the clearest picture of what corporate political spending looks like when it goes local. Outside expenditures in that primary…

Bitcoin traded near $76,600 on May 26, down 0.72% over 24 hours, according to crypto.news price data. The same page showed 24-hour volume at $19.88 billion, market capitalization at $1.53 trillion, and a daily range between $76,400 and $77,700. The move came as traders reacted to renewed tension in the Middle East. Reuters reported that U.S. forces struck missile launch sites and boats in southern Iran, with U.S. Central Command calling the action “self-defense” while saying the ceasefire remained in place. The pullback followed a brief rise toward $77,700 on Monday before Bitcoin moved back below $76,500. That left $BTC…

Public companies holding ether are increasingly relying on staking income as losses mount and investor premiums shrink. Everstake’s study suggests the digital asset treasury model is moving away from simple crypto exposure and toward active yield generation. Key Takeaways: Everstake found that $ETH treasury firms lost $1.41B as crypto market cap fell 30.6%. Sharplink and Bit Digital relied on staking, which made up 60% of reported revenue. Everstake says $ETH firms now need DeFi, MEV, and staking yields to stay competitive. Staking Drives 60% of Revenue for $ETH Treasury Companies Publicly listed ether treasury companies are facing a tougher market,…

Harvard University’s endowment fund decided to reduce its investment in crypto ETFs. The first quarter of 2026 saw some massive slashing. The fund fully exited from its Ether ETF position. However, it also cut its stake in BlackRock’s linked $BTC ETF by around 43%. Fresh SEC 13F filings show Harvard Management Company lowered its holdings in iShares Bitcoin Trust (IBIT). It axed 3,044,612 shares (approx. worth $117 million) of its holding. This comes in when Harvard has already slashed its position by 21% in Q4 of 2025. Harvard exits BlackRock $ETH ETF The global crypto market has seen a dip…

$XRP now accounts for more than 26% of the total global tokenized commodity market, becoming the second-largest network in the sector. The $XRP Ledger‘s recent dominance growth comes on the back of an additional $895 million added to the JMWH product from Justoken hosted on the network, pushing its share from 15% to 26% overnight. Key Points $XRP accounts for over 26% of the global tokenized commodity market, currently worth more than $7 billion. About $2 billion in tokenized commodities sits on the XRPL, making it the second-largest network in the sector, only behind Ethereum. $XRP’s tokenized commodity value comes…

South Korea’s first crypto market manipulation case under the Virtual Asset User Protection Act is moving into a critical appeal phase on June 11. According to a local media report, the Seoul High Court will now review whether prosecutors can prove roughly 7.1 billion won, or roughly $5.1 million, in alleged illegal gains. The case has become a major test for South Korea’s new digital asset enforcement system, especially on how courts measure profits from unfair crypto trading. Appeal Puts $5.1M Profit Claim at the Center The case began after authorities accused the head of a crypto asset management firm…

Is the global financial system heading toward a breaking point? So far in 2026, markets have repeatedly raised the possibility of a 2008-style crash. Based on current macro data, this is no longer just a theory. The main driver behind this narrative is rising borrowing costs. Sovereign debt markets are under clear pressure. The 30-year U.S. Treasury yield has moved above 5.14%, while Japan’s 10-year government yield has climbed to 2.80%. Together, these moves are tightening global liquidity. Yet, in this setup, some in the market are viewing it as a potential trigger for a Bitcoin [$BTC] supercycle. Source: TradingEconomics…

The two biggest DeFi exploits of the past two months have one thing in common. They used a tool that does not exist on the $XRP Ledger. Thorchain lost roughly $10.8 million on May 15 to a cross-chain attack that drained funds across Bitcoin, Ethereum, BSC, and Base. Drift Protocol, a Solana-based decentralized perpetual exchange, and KelpDAO, a liquid restaking protocol on Ethereum, together accounted for more than $600 million in losses through April alone. Cross-chain bridges have lost over $2.8 billion to attacks since 2021, per Chainalysis. And a significant share of these exploits used some variant of the…