Author: NBTC

Bybit has given some Brazilian business users until Aug. 21 to complete additional verification. Accounts that miss a requested update will first face access restrictions, then, from Sept. 21, could have remaining positions on restricted products forcibly liquidated at market prices and unsupported fiat balances converted to $USDT. The deadline applies only to business users who received a request to supplement existing Business Verification information, according to Bybit’s notice. Bybit began sending those requests in-app and by email from Aug. 1. Recipients must follow the deadline in their individual notification and finish no later than Aug. 21 unless the company…

Centrifuge has added Symbiotic’s liquidity network across three tokenized funds that represent about $1.6 billion in assets under management, giving eligible holders another route to exchange their positions for $USDC. The integration covers Janus Henderson’s JAAA, an AAA-rated collateralized loan obligation strategy, JTRSY, a short-duration US Treasury strategy and New York Life Investment Management’s HYB, a US high-yield corporate bond strategy. Symbiotic’s Liquid Lane uses an onchain request-for-quote (RFQ) marketplace where market makers can tap liquidity from vaults to fill redemption requests. Market makers can then redeem the acquired fund tokens through the issuer or sell them through another RFQ…

Demand for US spot Bitcoin exchange-traded funds (ETFs) has accelerated over the past week, with a string of daily inflows coinciding with the Coldcard wallet hack — timing that has prompted speculation about whether some investors are reconsidering self-custody. According to Bloomberg senior ETF analyst Eric Balchunas, BlackRock’s iShares Bitcoin Trust (IBIT), Fidelity Wise Origin Bitcoin Fund (FBTC), Bitwise Bitcoin ETF (BITB), ARK 21Shares Bitcoin ETF (ARKB) as well as Defiance Daily Target 2X Long MSTR ETF (MSBT) have recorded inflows every trading day since the weekend exploit, totaling roughly $620 million. The cumulative figure is consistent with Cointelegraph’s recent…

Ethereum price rose 3% to around $1,920 on Aug. 19, but weak trend strength and nearby liquidation clusters kept the recovery below $2,000. According to data from crypto.news, Ethereum ($ETH) price traded at $1,919 at the time of writing after reaching an intraday high of $1,930 on Binance. The latest gain extended a recovery that began near $1,870 on Aug. 17, although buyers have yet to challenge the psychological $2,000 level. The price move came as the 4-hour chart showed improving momentum and the daily chart pointed to a weak but developing bullish bias. Large pools of leveraged positions above…

Jump Capital has closed a $350 million venture fund with a stronger focus on crypto investments. According to a July 29 announcement, Jump Capital has closed its seventh venture fund with $350 million in total capital commitments, describing it as the firm’s largest fund to date and outlining plans to increase investments across the crypto ecosystem while continuing to back early-stage technology startups. The firm’s official announcement said the new vehicle will continue investing in fintech, IT and data infrastructure, future of commerce and media, and B2B SaaS, while allocating more resources to blockchain and digital asset companies. The fund…

Digital asset custodian Anchorage Digital has added native $TRX staking for institutional clients, expanding its support for the Tron blockchain as demand for regulated access to staking services grows. The launch expands Anchorage’s support for Tron after introducing institutional custody for $TRX, the network’s native token, earlier this year. Clients can now stake $TRX directly from the company’s custody platform or Porto self-custody wallet, allowing them to earn protocol rewards for helping secure the blockchain without moving assets outside their existing custody environment. Anchorage said the expansion reflects growing institutional interest in the Tron ecosystem, one of the largest networks…

Anne Kelly, a former official at the U.S. Securities and Exchange Commission (SEC), has stated that the agency does not need to wait for the passage of the CLARITY Act to begin rulemaking for digital assets. In a post on X, Kelly emphasized that the SEC can initiate rulemaking proactively, and if the CLARITY Act is later enacted, its provisions can be incorporated through additional rule proposals. Understanding the CLARITY Act and Its Timeline The CLARITY Act, which aims to clarify the regulatory status of digital assets, has been a topic of debate in Congress. However, even if the bill…

Coinbase, one of the largest cryptocurrency exchanges in the United States, has announced via its official X account that it will support trading in the US500 perpetual contract. This new product is a perpetual futures contract that tracks the S&P 500 Index, which comprises 500 of the largest publicly traded U.S. companies. The move signals Coinbase’s continued push into the derivatives market, offering traders a way to gain exposure to traditional equities through a crypto-style trading instrument. What Is the US500 Perpetual Contract? A perpetual contract is a type of futures contract that has no expiration date, allowing traders to…

ZetaChain announced via its official X account that its privacy-focused AI application, Anuma, has surpassed 210,000 users. The app enables users to maintain memory across different AI models while incorporating privacy features designed to protect user data. A ZetaChain-based crypto wallet is automatically created when an account is opened, integrating blockchain functionality seamlessly. Rapid User Growth and Platform Adoption Anuma has experienced consistent growth since its launch in February. The platform added 28,312 new users in July, followed by more than 31,000 new users through Aug. 17, extending its upward trend. This brings the total user base to over 210,000,…

Bitcoin software provider Breez has released a new app it says will serve both everyday users and developers. The product, dubbed Glow, is supposed to be an easy way to make Lightning transactions easier for everyday users, while also doubling as an open-source blueprint — a way to see exactly how easy it is to implement Bitcoin features using the SDK’s API — for builders. Breez claims the app will help developers exploring Bitcoin see what’s possible by packaging in the features that are essential for any Bitcoin app to compete in its category. Being open-source, developers can open up…