Author: NBTC

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article. Tokenization has a defining narrative of digital assets. Real estate and private credit to commodities and infrastructure, nearly every asset class is being pitched as the next frontier for blockchain. As institutional interest accelerates, the conversation is moving past whether assets can be tokenized to how they…

The $USDGO cryptocurrency, issued by Anchorage, is reportedly closing in on a market cap of $1 billion on the Solana blockchain. This information comes from a widely shared post on Twitter, indicating significant monthly growth of 100% for the asset. Such developments highlight the increasing traction of $USDGO in the cryptocurrency market, suggesting potential implications for investors. The Latest The broader cryptocurrency market is displaying mixed signals, with various assets experiencing fluctuations in their momentum. Amid this backdrop, $USDGO’s rapid ascent on Solana stands out, especially as it approaches a remarkable market cap milestone. The reported 100% month-over-month growth points…

South Korea’s upcoming cryptocurrency tax, set to take effect next year, is facing sharp criticism from the country’s own legislative research body, which warns that unclear standards could lead to widespread confusion and legal disputes between investors and tax authorities. According to a report from the Seoul Shinmun, the National Assembly Research Service (NARS) has identified several critical areas of contention that remain unresolved. Key Points of Contention in the New Crypto Tax The NARS analysis highlights that the lack of specific tax standards for new methods of acquiring cryptocurrency—such as staking rewards and airdrops—is the most significant issue. The…

Coinbase, one of the largest cryptocurrency exchanges in the United States, has confirmed a technical issue affecting its recently launched prediction market service. Users have reported difficulties accessing and trading on the platform through both web and mobile interfaces since earlier today. Ongoing Investigation and Service Impact In a statement, Coinbase acknowledged the problem, noting that its engineering team is actively investigating the root cause. The company has not yet provided a specific timeline for when normal service will resume. The technical issue appears to be intermittent, with some users experiencing complete downtime while others report slow or failed transaction…

Hedera’s core difference from Ethereum is governance. Hedera runs on a permissioned council of large organizations, including Google, IBM, and Boeing, that vote on network changes and operate nodes. Ethereum runs on a permissionless, proof-of-stake network where anyone can validate, and institutional outreach happens through independent nonprofits rather than a formal member council. How Do The Two Networks Handle Governance? Hedera’s Governing Council sets policy, funds development, and vouches for the network’s stability, which appeals to regulated industries that need a clear point of accountability. Hedera also donated its codebase, Project Hiero, to the Linux Foundation, separating open-source stewardship from…

Strategy, led by Michael Saylor, has launched an interactive credit model that allows investors to calculate the resilience of its debt obligations in real time. The release came just two days after the company officially confirmed the sale of 3,588 $BTC worth $216 million to secure dollar liquidity and payments on preferred shares. The publication of the simulator seems to be Michael Saylor’s direct response to renewed Wall Street discussions about the risks of his business model, designed to show analysts exactly how many years the company can hold out without a Bitcoin rally. Digital Credit is transparent because the…

Bitcoin spot ETFs captured the quarter’s dynamics in sharp relief. April’s $2.02 billion in net inflows reversed decisively; outflows of $2.41 billion in May and $4.29 billion in June brought Q2 net redemptions to $4.67 billion, the largest quarterly outflow since spot products launched in January 2024, with June alone marking a record month for redemptions. Ethereum ETFs followed suit with $690 million in net outflows. The pattern points to institutional profit-taking and capital rotation into traditional markets rather than a structural exit from the asset class; a sustained return to positive net flows in Q3 remains the key signal…

TAC Protocol’s attempt to explain away a trading session where its TAC token lost around 90% of its value has stirred skepticism from holders after the project’s July 8 statement on X ruled out any exploit and also denied any foul play in the form of insider selling too, pinning the collapse on forced selling in the futures market. However, onchain researchers have presented a conflicting theory, saying the chain of transactions tells a different story as fingers point to a coordinated exit by 18 wallets. What is the TAC team’s explanation of the events? “The protocol operates exactly as…

The Commodity Futures Trading Commission has halted CME Group’s attempt to launch 24/7 trading for crude oil futures, saying the proposal requires further regulatory review before it can go live. The decision follows comments from a senior CFTC official in June, who said the agency considered whether to reject CME’s 24/7 crude oil futures proposal amid concerns that continuous trading could intensify price swings during times of geopolitical uncertainty. The exchange had filed to self-certify the new contract on July 8, a mechanism that would normally allow it to begin trading without prior approval from the regulator. The CFTC intervened…

Asia’s ongoing repression of cryptocurrency prediction markets is channeling investment, liquidity, and innovation to Western nations that opted for regulation. In a report dated July 8, the Web3 research firm Tiger Research suggested that the characterization of prediction markets as unlawful gambling is hindering Asian countries from enjoying a thriving blockchain market. Instead of stopping demand, the legal constraints merely push users and business transactions onto international platforms and diminish consumer safety. The growth of the sphere has been fueled by crypto-native platforms like Polymarket, where trades are settled on-chain. Tiger Research estimates that the volume of trade exceeds $14…