Author: NBTC

Bitcoin-based decentralized finance (DeFi) projects are narrowing their focus to institutional investors and long-term holders as a broad market liquidity contraction reshapes the sector, according to Richard Green, director of institutions and ecosystem at Rootstock Labs, the investment arm of the Bitcoin layer-2 network Rootstock ($RIF). Market Contraction Reshapes DeFi Strategy In an interview with The Block, Green explained that as significant funds have exited the DeFi market, core customer segments—including crypto-native traders and hedge funds—have substantially reduced their activity. The DeFi sector is currently shrinking due to a large-scale decrease in overall liquidity, forcing projects to adapt their strategies.…

In a recent tweet, a16z crypto emphasized the accelerating demand for stablecoins, stating, ‘It feels like the world is going to forget that pre-stablecoins was even a thing.’ This statement underscores the significant impact stablecoins are having on the financial landscape, as noted by @PrimordialAA of @LayerZero_Core. You can view the original post here. What Went Down The current landscape for stablecoins is witnessing a remarkable transformation. With stablecoins already facilitating transactions worth hundreds of billions of dollars, their role in the financial ecosystem is becoming increasingly vital. The insights from a16z suggest that demand is not just stable but…

Evernorth Holdings, an $XRP fund preparing for a Nasdaq listing, has disclosed its executive compensation structure, tying management pay to aggressive business growth. According to a fresh Amendment No. 5 to its Form S-4, filed with the SEC, the company’s key executives received contracts ahead of the listing that include target bonuses equal to 50% of their salaries and multimillion-dollar equity packages. The company is finalizing a merger with Armada Acquisition Corp. II, a SPAC platform backed by Arrington Capital, and plans to trade under the ticker XRPN, seeking to become the world’s largest publicly traded $XRP treasury. To motivate…

Broad Oversight for Central Bank Kenya has reduced the minimum paid-up capital required for stablecoin issuers by 40% to about $2.32 million (300 million Kenyan shillings). The revised threshold, published by the National Treasury, marks a significant shift from the nearly $3.9 million proposed in draft rules last March. However, the Kenyan government retained strict oversight measures aimed at protecting investors as cryptocurrency adoption accelerates in the East African nation. Kenya ranked fifth globally in crypto adoption in Bybit’s 2025 World Crypto Ranking, with stablecoins driving cross-border payments and serving as a hedge against currency volatility in a market that…

ChangXin Memory Technologies (CXMT) had its long-anticipated IPO on Monday, July 27. The sale coincided with a spike of activity on Hyperliquid, as CXMT drew the attention of whales and retail traders. The CXMT IPO was expected to become the biggest offering on the Shanghai stock exchange since 2011. As Cryptopolitan reported, the China AI stock rush was seen as a new opportunity, and was immediately taken over by crypto traders. CXMT saw a record trading spike, as well as an inflow of crypto whales taking directional positions for one of the biggest IPOs in Mainland China. | Source: HIP-3…

Elon Musk’s net worth, which has been fueled by a massive surge in the valuation of SpaceX (SPCX), has reached an unprecedented $1.4 trillion. Following a single-day jump of $101.7 billion (7.91%), his individual net worth is above the entire market capitalization of Bitcoin. Bitcoin’s total market value is currently sitting at $1.318 trillion, CoinGecko data shows. Years ago, when Bitcoin was still a relatively small and emerging asset, its market cap was easily dwarfed by the fortunes of top billionaires. Today, however, Bitcoin is a trillion-dollar global network, which makes this wealth flip a historic and extreme anomaly. The…

South Korean police have searched the home of former Incheon Mayor Yoo Jeong-bok and city offices as part of an investigation into allegations that cryptocurrency assets were omitted from his local election financial disclosure. According to South Korea’s Yonhap News Agency, investigators from the Incheon Metropolitan Police Agency’s Anti-Corruption and Economic Crime Investigation Unit carried out search and seizure operations on Sunday at Yoo’s residence and the General Affairs Division of Incheon City Hall, where they collected evidence including mobile phones and computers as part of an investigation into alleged violations of the Public Official Election Act. The investigation centers…

Chicago-based derivatives exchange and clearinghouse Bitnomial has announced plans to offer Tron ($TRX) futures trading to eligible individual and institutional investors in the United States. The move follows Bitnomial’s acquisition by Payward, the parent company of Kraken, one of the largest cryptocurrency exchanges globally. Expanding Regulated Crypto Derivatives Bitnomial’s decision to list $TRX futures marks a notable expansion of regulated crypto derivatives in the U.S. market. The exchange, which is registered with the Commodity Futures Trading Commission (CFTC) as a designated contract market and derivatives clearing organization, provides a federally regulated venue for digital asset derivatives trading. This regulatory framework…

What’s Being Sold According to the Stack’s Bowers Galleries announcement shared with Bitcoin.com News, the token is graded MS-66 by the Professional Coin Grading Service (PCGS). Only 15 examples exist at that grade. Just 11 coins have been graded finer, all at MS-67. The token remains funded, meaning the 0.5 $BTC loaded onto the blockchain at creation is still intact and redeemable. The coin was produced by Mike Caldwell, a Utah-based software engineer who began minting the Casascius series in 2011. Each physical coin holds a private key beneath a tamper-evident hologram, with real bitcoin loaded onchain at the time…

The Sui Foundation has announced that it is repurchasing $SUI tokens using returns generated from funds that manage stablecoins. The move, disclosed in a recent update, is part of a broader strategy to support the ecosystem and create a self-sustaining economic loop. How the Buyback Works According to the foundation, the buyback program uses operating returns from its stablecoin management funds. These funds generate yield through various activities, and a portion of that yield is now being used to purchase $SUI from the open market. The acquired tokens are then reinvested into ecosystem initiatives, such as grants, developer programs, and…