Author: NBTC

EU Regulator Orders Unapproved Crypto Firms to Halt New Clients as MiCA Deadline Looms The European Securities and Markets Authority (ESMA) has instructed unauthorized crypto asset service providers (CASPs) to begin winding down their EU operations before the Markets in Crypto-Assets Regulation (MiCA) transitional period ends on July 1, 2026. The regulator issued the guidance on June 23 as some providers remain without MiCA authorization despite continuing to serve EU clients under national regimes. Firms that fail to obtain authorization should take immediate steps to exit the market in an orderly manner while protecting client assets and reducing risks to…

Virtuals Protocol recently amplified a widely shared post by @ben_grossman, announcing that its AI agents can now trade tokenized stocks via the Treasures platform. This marks a significant development in the integration of artificial intelligence into the trading of crypto assets, potentially reshaping the landscape of tokenized stock trading. Breaking It Down The crypto market is witnessing a notable shift as Virtuals Protocol’s AI agents begin trading tokenized stocks, a move that could enhance the trading efficiency and accessibility of these assets. As of June 26, 2026, this capability is officially live, allowing for automated trading strategies in a previously…

Miller Tabak strategist Matt Maley said that a further decline in Bitcoin from its current levels around $60,000 could put additional pressure on investor sentiment. According to Maley, while Wall Street companies continue to invest in the digital asset space, individual investors, who played a significant role in previous cryptocurrency rallies, have now shifted their focus to AI and technology stocks with high growth potential. Maley noted that the recent significant outflows from Bitcoin ETFs also indicate weakening investor interest. The strategist stated that Bitcoin is signaling a divergence from the stock market, raising concerns that BTC may not benefit…

DeFi lending protocol Edel disclosed a $403,000 exploit that hit the layer where tokenized stocks are trying to become DeFi collateral. Edel said no depositor would bear losses, and the team would absorb the bad debt, restore affected balances one-to-one, and rebuild the protocol’s oracle architecture for a version two release. The attack manipulated the exchange rate between wGOOGLx, a wrapped version of Edel’s tokenized Google stock, and GOOGLx, the token it wraps. Edel said the manipulation pushed wGOOGLx’s collateral value to roughly 78 times its correct level. SlowMist traced the root cause to Edel’s price source, which used latestAnswer()…

On paper, Solana’s [$SOL] July token unlock calendar couldn’t look more bearish. At the macro level, the market is already in a bear phase, with large-cap assets breaking below key support levels and kicking off Q3 with clear capitulation signals. Against that backdrop, Solana’s latest token unlock schedule couldn’t have arrived at a worse time, coming right after $SOL closed June down more than 10%. Fourteen Solana-based tokens will unlock in July, as the chart below shows. PUMP tops the list, with $123.65 million worth of tokens scheduled to enter circulation on the 12th of July, increasing its circulating supply…

Zcash founder Zooko Wilcox-O’Hearn has sharply criticized cryptocurrency exchange Coinbase for aggressively pushing gambling-like features to its user base. On Saturday, Zooko took to X (formerly Twitter) to voice his intense frustration over the platform’s tactics. “Talked to a user (a vulnerable, young, unsophisticated, financially poor user) who has the Coinbase app, and it has started prompting them to gamble on sports and the price of Bitcoin,” Zooko stated. “I hate this with a burning passion and it makes me ashamed to be part of this industry,” he added. Defending “financial freedom” Coinbase CEO Brian Armstrong has made it clear…

In brief Bitcoin clawed its way back to $60,000 Wednesday after falling below $58,000, its lowest level since September 2024. The rebound followed softer-than-expected U.S. jobs and factory data and noncommittal comments from Fed Chair Kevin Warsh, easing fears of further rate hikes. It caps a brutal June in which U.S. spot Bitcoin ETFs shed a record $4.5 billion, even as Glassnode data shows long-term holders quietly accumulating. Bitcoin bounced off its lowest level in nearly two years Wednesday, as soft U.S. economic data and noncommittal comments from the Federal Reserve chair gave respite to a battered market. The largest…

Institutional crypto financial services firm Galaxy Digital (Nasdaq: GLXY) has identified a fundamental tension between the U.S. Securities and Exchange Commission’s (SEC) custody regulations and the growing demand for decentralized finance (DeFi) strategies among institutional investors. The firm’s analysis highlights a structural contradiction that is increasingly complicating compliance for Registered Investment Advisors (RIAs). The Core Conflict: Qualified Custodian vs. Self-Custody Galaxy Digital’s report points out that current SEC rules require client assets to be held by a qualified custodian. This requirement effectively excludes self-custody models, which are a cornerstone of many DeFi participation strategies. For RIAs, this creates a practical…

Traders scanning the order books got a surprise when OndoFinance’s $SPCXon surpassed $10 million in tokenized market cap. The token is now available across Ethereum, $BNB Chain, and Solana, marking a significant milestone for the project. This news was confirmed in a recent tweet by Token Terminal, highlighting the growing interest in tokenized assets. The Latest The broader cryptocurrency market shows mixed signals, yet OndoFinance’s announcement has brightened the outlook for $SPCXon. With its recent market cap milestone, traders are increasingly curious about how this will influence the altcoin landscape. The availability of $SPCXon on major blockchains like Ethereum, $BNB…

Christoph Jentzsch, a veteran Ethereum developer with no formal $ENS governance role, has proposed shutting down the $ENS DAO entirely. The treasury would be better handled if it were in the hands of an outside steward, according to Jentzsch. This is the third competing idea for how the $ENS should be run, with the two other ideas proposed by the $ENS Labs’ Chief Operating Officer, Katherine Wu. What is Christoph Jentzsch proposing? Ethereum Name Service governance reached a new turning point on July 1 as the governance drama has started to attract suggestions even from people without any official role…