Author: NBTC
Digital assets are increasingly becoming a mainstream part of global football, with crypto sponsorship spending in the sport reaching $565 million in the 2024/25 season, according to a recent report by B2Binpay. That figure represents a 20% year-on-year increase and mirrors the broader adoption of decentralized finance (DeFi) and digital assets, with DeFi’s total value locked (TVL) rising to $164 billion today from $61 billion in January 2024. Meanwhile, sports tokens – many of which are linked to football clubs – boast a collective market capitalization of $1.42 billion, according to CoinGecko. “Since the 2020–2021 hype cycle, crypto’s role in…
Gewan Holding, part of Abu Dhabi’s NG9 Holding, has partnered with decentralized infrastructure pioneer Iopn to accelerate the development of sovereign AI, blockchain and digital identity solutions in the United Arab Emirates. Introducing Project ATLAS The United Arab Emirates (UAE) conglomerate Gewan Holding has partnered with Iopn, a pioneer in decentralized infrastructure, in a collaboration aimed at accelerating the development of sovereign artificial intelligence (AI), blockchain, and digital identity solutions. At the core of this alliance is the deployment of a sovereign AI stack powered by Nvidia GPUs and anchored by Iopn’s proprietary OPN Chain. According to a news release,…
ArtGis Finance, a DeFi platform transforming the cross-border movement of digital assets, announced its strategic partnership with AI-Auctions.Org, a Web3 AI-powered auction platform. Based on this partnership, the two tech firms combine their strengths to create new opportunities for communities across the Web3 landscape. ArtGis Finance is a digital asset financial settlement platform designed to bridge TradFi and DeFi. On the other hand, AI-Auctions.Org is a UAE-based decentralized auction platform that offers a competitive decentralized environment for the sale and purchase of auctioned products. It leverages artificial intelligence and blockchain technology to redefine the way people buy and sell auctioned…
The non-fungible token (NFT) market has continued its downward trend, with sales volume falling 8.53% to $129.6 million. Summary NFT sales declined 8.5% to $129.6 million amid broader crypto market weakness Pudgy Penguins stands out as the week’s top performer with 63% growth CryptoPunks maintained its premium status with all top five individual sales According to data from CryptoSlam, market participation has surged once again, with NFT buyers rising by 18.06% to 541,831, and NFT sellers increasing by 17.05% to 385,179. NFT transactions have grown by 11.96% to 1,814,788. The slump is closely tied to the overall market situation. The…
An Ethereum trader achieved one of the most impressive runs in the recent past. He traded a starting capital of $125,000 and turned it into $29.6 million within a span of four months. His success was due to careful management of long Ethereum ($ETH) holdings using Hyperliquid.According to on-chain statistics, the trader opened two accounts and deposited $125,000. To optimize his earnings, he compounded his gains over time and put every profit dollar back into his Ethereum long trades. Developing a Massive Ethereum Position During the four months, the technique enabled him to boost his holdings to 66,749 ETH, which…
Sam Stovall, Chief Investment Strategist at CFRA Research, said he expects the Fed to cut interest rates twice this year. Appearing on CNBC’s The Exchange program, Stovall evaluated market expectations, inflation outlook and signals from the retail sector. Stovall noted that investors are focused on Fed Chair Jerome Powell’s message ahead of the Jackson Hole meeting, saying, “If they say they’re going to stick to the data, we still see a sticky inflation environment with the risk of a slowdown in employment.” Stovall stated that annual core personal consumption expenditures inflation is projected to remain above 3% throughout the year,…
There is a new protocol, IdentityLayer, introduced by Billions Network that is taking a radical step in changing the way digital identity is verified. The system was developed in such a way that it provides the privacy and does not exceed the trust without any sensitive data being required like government IDs since it uses the latest cryptography and real-time validation. Zero-Knowledge Proofs at the Core of Identity Verification IdentityLayer relies on Zero-Knowledge Proofs (ZKPs)- a cryptography system that enables one side to prove their identity without exposing personal information. First mentioned in peer-reviewed literature in the 1980s, this design…
Bitfinex-backed Plasma announced a strategic partnership with EtherFi on Aug. 29, positioning the stablecoin-focused neobank as a day-one launch partner for the blockchain’s mainnet beta. EtherFi will transfer over $500 million from its Ethereum (ETH) staking vault to Plasma’s platform, providing liquidity for stablecoin-backed yield strategies. The collaboration integrates EtherFi across Plasma’s DeFi ecosystem, providing users with additional collateral options for lending and borrowing while offering access to ETH-backed yield products. Plasma’s announcement emphasized how the partnership complements both platforms’ objectives in the stablecoin infrastructure space. The protocol stated: “Stablecoins give everyone, everywhere permissionless access to the financial service of…
The market for tokenized assets has quietly reached a new milestone, with assets under management (AUM) soaring to an all-time high. This surge highlights how Ethereum’s infrastructure increasingly becomes the settlement layer of choice for stablecoins and institutional-grade tokenization. Tokenization Reaches Historic Scale Token Terminal reports that the AUM of tokenized assets is at an all-time high of approximately $270 billion. Tokenized Assets AuM. Source: Token Terminal The on-chain data platform highlights tokenized assets spanning a wide spectrum, ranging from currencies and commodities to treasuries, private credit, private equity, and venture capital. Much of this growth is driven by institutions…
Blockchain lender Figure Technology Solutions has filed to go public on Nasdaq, following a strong first half of 2025 marked by revenue growth and a return to profitability. The New York-based firm disclosed the plan in a Securities and Exchange Commission filing on Monday, announcing it will seek to list its shares under the ticker “FIGR.” Goldman Sachs, Jefferies, and Bank of America Securities are set to serve as lead underwriters for the offering. Figure reported $191 million in revenue for the six months ending June 30, a 22.4% increase from last year. The company also posted a $29 million…