Author: NBTC

Users on Scroll, an Ethereum Layer 2 (L2) network, paid more than $50,000 in excess transaction fees over roughly four days after the team behind the project repeatedly raised the parameters that determine how much users pay for posting data to Ethereum, according to an analysis published by L2BEAT. The overcharges stemmed from six manual increases to two fee multipliers on Scroll’s gas price oracle, the smart contract that calculates the Layer 1 data portion of every transaction’s cost. Each update raised the previous value by 2x to 10x, compounding to 1,280x the original baseline by April 5, L2BEAT said.…

World Liberty Financial minted 25 million $USD1 stablecoins on Monday morning and burned 3 million through its TokenGovernor contract, on-chain data shows, as the Trump-linked venture continues managing the fallout from a lending position that trapped depositors on DeFi protocol Dolomite. The activity follows $WLFI’s statement last week, posted in response to CoinDesk’s reporting on the Dolomite transactions, that it had repaid $25 million of the roughly $75 million it borrowed against its own governance token. The venture deposited billions of $WLFI tokens as collateral and borrowed stablecoins that were partially routed to Coinbase Prime, pushing Dolomite’s $USD1 lending pool…

Metaplanet’s CEO Simon Gerovich has shared an exciting update concerning crypto asset regulations in Japan, sparking discussions across the crypto community. On Saturday, April 11, Gerovich revealed that the Japanese government has approved a cabinet decision on amendments to the Financial Instruments and Exchange Act. This approval allows the country to officially classify cryptocurrencies as financial products, marking a major milestone for the crypto ecosystem. Bitcoin in spotlight in Japan’s new law Following the approval of the rule amendment, Gerovich noted that as crypto-related rules become more defined, the market is likely to effectively recognize the essential asset with strong…

In a significant development for decentralized finance, the cross-chain liquidity protocol THORChain has announced plans to integrate the mainnets of three prominent yet distinct cryptocurrencies: Monero ($XMR), Bittensor ($TAO), and Zcash ($ZEC). This strategic expansion, detailed in an official blog post, aims to bridge substantial liquidity gaps and connect diverse blockchain ecosystems within the next two months. The move signals a major step toward a more interconnected and functionally rich decentralized financial landscape, directly addressing long-standing community demand for native support of privacy-preserving and AI-driven digital assets. THORChain’s Strategic Mainnet Integration Roadmap THORChain’s development team has outlined a clear, phased…

Ron Hammond, head of policy at crypto market maker Wintermute, has a cautious outlook on the Clarity Act, putting its chances of passage this year at around 30% even as momentum builds in Washington. “There are a lot of moving parts,” Hammond said, pointing to a legislative process that is advancing, but unevenly. The Clarity Act aims to create rules around crypto market structure regulation in the U.S., including codifying how the Securities and Exchange Commission and Commodity Futures Trading Commission can oversee digital assets in the U.S. Hammond’s estimate broadly aligns with other signals in the market. A recent…

In a significant development for blockchain finance, Mantle Network has officially launched its tokenized stock trading service through the xStocks platform, marking a pivotal moment in the convergence of traditional and decentralized finance. This announcement, made via the project’s official X account on March 15, 2025, represents a strategic expansion of Mantle’s ecosystem and a direct integration with established cryptocurrency exchange Kraken. The move positions Mantle as a serious contender in the rapidly growing tokenized assets market, potentially reshaping how investors access traditional financial instruments through blockchain technology. Mantle’s Tokenized Stock Trading Platform Explained The newly launched service enables users…

Trump’s Treasury Secretary Scott Bessent used a Wall Street Journal op-ed to press Congress to pass the Clarity Act, saying the United States cannot keep dragging its feet while the crypto market keeps getting bigger. Scott warned Congress that this position is not guaranteed to last. “Over the past year, the global market capitalization of digital assets fluctuated between $2 trillion and $3 trillion. Nearly 1 in 6 Americans owns some form of digital asset. Major financial institutions have launched or sought approval for crypto-related products,” said Scott. Bessent says Congress must end the confusion around crypto rules Scott said…

Securitize integrated its tokenized assets with TRON, a network with over 373 million accounts and $26 billion in total value locked. The company manages more than $4 billion in assets and works with institutions such as BlackRock, KKR, Apollo and VanEck. Both companies announced the development of a TRON-native real-world asset (RWA) product, the details of which have not yet been disclosed. Securitize announced its integration with the TRON network, making the tokenized assets issued by the platform available on one of the blockchains with the highest volume of onchain activity in the ecosystem. This expansion includes the development of…

The White House has backed the crypto industry’s demand for DeFi software developer protections. On Friday, Trump’s crypto advisor, Patrick Witt, said the developer protections were “one of the most important aspects” of the CLARITY Act, the broader crypto bill being reviewed by the Senate. Source: X He cautioned that outlawing code would serve nothing but drive the financial innovation to go offshore. The proposed developer protections, captured in a separate bill, the Blockchain Regulatory Certainty Act (BRCA), aim to prevent non-controlling developers from being categorized as money transmitters. The proposal was introduced in January 2026 by Senator Cynthia Lummis.…

MemoLabs has formally stated that it has entered a new partnership with BAISHI, which is a big move in redefining the ownership, management, and monetization of gaming data. The partnership aims to empower users by providing them with complete control of their own data produced during their in-game activities, and also to create new economic opportunities in the gaming ecosystem. #MEMO × #BAISHI: Official Partnership Announcement 🤝@playbaishi transforms players’ in-game activities into monetizable on-chain data—you play the game, the AI trains, the data belongs to you, and the profits are yours.This is precisely the underlying principle MEMO has been… pic.twitter.com/Z18cA9Hdng…