Author: NBTC

The development team behind The Lab ($LAB) has executed a significant token burn, destroying 10 million $LAB tokens valued at approximately $11.3 million. The move was confirmed by on-chain analytics platform Lookonchain, which tracked the transaction to wallets associated with the project. Token Price and Market Context The burn comes at a critical moment for $LAB, which experienced a dramatic price surge to over $24 in mid-June. However, since July 6, the token has entered a steep decline, currently trading around $1.30 — representing a loss of over 94% from its peak. The timing of the burn has drawn attention…

Polymarket has been sued in New York after two users alleged the prediction platform wrongly denied payouts on a Strategy Bitcoin market despite the company disclosing a Bitcoin sale in an SEC filing. According to a complaint filed in the Supreme Court of the State of New York on July 3, plaintiffs William Wood and Thomas Bush alleged that Polymarket refused to redeem winning “Yes” shares tied to a market asking whether Strategy, formerly MicroStrategy, would sell any of its Bitcoin by May 31, 2026. The lawsuit names Adventure One QSS Inc., Blockratize Inc., Polymarket founder Shayne Coplan, Chief Marketing…

Tokenization specialist Dinari and broker-dealer tZERO are working together to offer broker-dealers a turnkey platform for tokenized U.S. equities, as competition intensifies over how public stocks should move onto blockchain networks. The companies said Wednesday they will combine Dinari’s tokenized stock platform with tZERO’s brokerage, custody, clearing and settlement infrastructure, allowing financial firms to launch blockchain-based equity offerings without assembling the underlying market infrastructure themselves. “Tokenized equities won’t reach mainstream adoption until broker-dealers can offer them as naturally as they offer traditional securities,” Dinari CEO Gabriel Otte said in a statement. The move comes as tokenized equities emerge as the…

Bitcoin continued its recovery this week, climbing toward an important resistance zone after rebounding from its recent swing low near $57,700. The world’s largest cryptocurrency traded around $64,300, reflecting stronger buying interest after weeks of pressure. While short-term momentum has improved, traders still face several technical barriers before confirming a broader trend reversal. Resistance Levels Hold the Key Bitcoin currently trades above its 20-day exponential moving average, signaling improving short-term strength. However, it remains below the 50-day, 100-day, and 200-day moving averages. Consequently, buyers must reclaim these levels before the broader market shifts into a stronger bullish phase. Bitcoin Price…

Competition among decentralized exchanges is increasingly forcing protocols to rethink the incentives that originally fueled DeFi’s rapid expansion. In fact, Uniswap [$UNI] has become the latest to test that transition after proposing a reduction of up to 33% in V4 liquidity provider fee incentives. More importantly, Uniswap’s TVL stood at $3.02 billion while its monthly volume hovered near $36 billion at press time. This hinted at strong market leadership, despite intensifying competition from rival decentralized exchanges. Source: DeFILlama The proposal marks a clear departure from previous models. The V3 model used much higher percentages of each trade to incentivize early…

In a notable development, OpenSea has officially joined the Robinhood Chain, as highlighted in a widely shared post by @JohannKerbrat. This announcement comes amid increasing interest in $NFT trading platforms, particularly as they integrate with established ecosystems. The Key Development The broader crypto market is currently exhibiting mixed signals, which adds a layer of intrigue to OpenSea’s recent announcement. The move to join Robinhood Chain not only solidifies OpenSea’s position in the $NFT space but also suggests potential new avenues for trading and collaboration with other platforms such as Glider and fomo. The positive reception, reflected in the post garnering…

Trump-linked investments are facing a major market reversal as several publicly traded companies and crypto projects tied to the first family lose most of their value from peak levels. While supporters who invested in these ventures have suffered large losses, the Trump family has maintained significant gains after selling portions of its holdings. Notably, five Trump-related ventures reached public investors between 2021 and 2025, including Trump Media, World Liberty Financial, Trump’s memecoin, Melania Trump’s memecoin, and American Bitcoin. Their market declines have shifted attention toward how supporters and investors were affected. Trump-Linked Assets Lose Billions After Market Declines Trump Media…

Bridge exploits have cost DeFi users billions. Mantle now moves to ensure its $2.5 billion $MNT token supply doesn’t become the next statistic. The team announced that it is migrating the Mantle Super Portal to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), a shift designed to wrap every cross-chain transfer of $MNT in institutional-grade security, according to the official announcement. The migration targets the core friction that keeps large allocators away from cross-chain activity: the fear of a single point of failure. Mantle’s Super Portal was already a gateway for moving $MNT between supported networks but switching to CCIP adds a risk…

Pantera Capital has announced that the CLARITY Act successfully cleared the Senate Banking Committee, receiving strong bipartisan support. This development signals a significant step towards establishing a legal framework for digital commodities within the United States, as reported in their tweet. Inside the Move The recent announcement from Pantera Capital highlights the advancement of the CLARITY Act, which aims to clarify the legal standing of digital commodities and enhance oversight for blockchain intermediaries. The tweet has garnered notable attention, reflecting strong community support as it points to potential consumer protections without the need for conflicting regulations. The digital asset industry…

TradeXYZ (trade.xyz), the largest perpetual futures trading platform built on the Hyperliquid (HYPE) blockchain, has listed American Depositary Receipts (ADRs) for SK Hynix, the South Korean semiconductor giant. The new trading pair, SKHY/$USDC, allows users to trade fractional ownership in SK Hynix shares via a perpetual futures contract, currently priced around $157. What the Listing Means Each SK Hynix ADR represents one-tenth of a common share, meaning one primary share equals ten ADRs. This structure enables traders to gain exposure to SK Hynix at a lower per-unit cost, lowering the barrier for retail participation. The listing on Hyperliquid brings a…