Author: NBTC

OKX Ventures and HashKey Capital are backing a new Vietnam-based crypto exchange as Hanoi accelerates efforts to bring one of the world’s most active retail crypto markets under formal regulation. Vietnam Prosperity Crypto Asset Exchange (CAEX) said Friday that the two firms have agreed to invest and become strategic partners alongside founding shareholders VPBank Securities and digital-identity firm LynkiD. The funding will bring CAEX’s capital base to VND 10 trillion — roughly $380 million — the minimum needed to enter a government pilot program for regulated crypto trading under Resolution 05/2025. The deal lands as Vietnam’s Digital Technology Industry Law,…

Polygon Labs, Frax, Curve Finance and DFB Network have launched a suite of foreign exchange liquidity pools on the Polygon blockchain, enabling onchain swaps between fiat-pegged stablecoins using Frax’s frxUSD as the base dollar pairing. The pools are live on Curve’s Polygon deployment and pair frxUSD against BRZ (Brazilian real), IDRX (Indonesian rupiah), tGBP (British pound), AUDF (Australian dollar), KRWQ (Korean won) and USDT, with additional currency pairs in development. The four partners have also collaborated on an incentive program to bootstrap liquidity across the pools, with gauges live for reward distribution. $6 Trillion Market The launch targets the $6.6…

When the net present value of Stretch (STRC), the dividend-yielding preferred share issued by Strategy (formerly MicroStrategy), is calculated, it makes disappointing reading for MSTR shareholders. Michael Saylor hopes that STRC will somehow fund trillions of dollars worth of bitcoin ($BTC) purchases for shareholders of his common stock. However, while STRC raises capital that will mathematically create a positive $BTC yield for MSTR, it’s actually extraordinarily expensive over the long term. Strategy advertises these immediate $BTC purchases as the up-front benefit of STRC to its MSTR common stockholders. It happily praises $BTC Yield, the extra quantity of $BTC that MSTR…

Star Xu, the founder of OKCoin and the current CEO of its successor platform, OKX, publicly expressed his doubts over the founder of cryptocurrency exchange Binance, Changpeng Zhao’s claim that he decided to sell his apartment worth $900,000 to make a $400 investment in Bitcoin, igniting debates about both ownership and finances. Interestingly, OKX’s CEO made these remarks shortly after reports revealed the launch of CZ’s book, highlighting the story’s lack of key information and reviving previous arguments linked to OKCoin. Xu and Zhao’s conflict ignites tension among cryptocurrency investors Regarding Xu’s doubts about CZ’s earlier statement, the Chinese entrepreneur…

7K DeFi opens to the public April 9 at 8am UTC with something unusual for mobile: a full suite of decentralized finance tools that don’t require you to hand over your private keys. The platform, built on Sui Network, combines swaps, limit orders, dollar-cost averaging, lending, and yield farming in one place. It’s the kind of feature parity we’ve asked for from mobile wallets for years. Experience seamless Sui DeFi in your pocket with @7k_ag_ ZKLogin onboarding, aggregated swaps, limit orders, DCA, lending – all the tools you actually need, all optimized for mobile, all non-custodial.No more choosing between convenience…

The Federal Reserve decided to keep interest rates parked at 3.5%-3.75% this week, and the market responded with all the enthusiasm of someone finding out their flight got canceled. Risk assets across the board took a hit, with crypto leading the retreat as traders recalibrated their expectations for how long tight monetary policy sticks around. Bitcoin slipped below $69K, shedding roughly 2.5% in 24 hours. Ethereum fell near $2,100, down 2.7%. Solana dropped toward $87, and $XRP settled around $1.43. The Fear & Greed Index sits at 23 — deep in “Extreme Fear” territory — and honestly, it’s been camping…

Mid-March yielded one of the most impressive win streaks recorded on the Polymarket prediction market as a user designated reachingthesky managed to increase his position more than one hundredfold in less than a week. Specifically, the value of the trader’s total position on March 14 was recorded at just under $26,000, while, at press time on March 19 – a mere five days later – it stands above $3.7 million. Furthermore, and likely due to the fluctuations of the active trades, the value on Thursday is not the highest it has been in the last week. Specifically, on March 18,…

The stablecoin debate in Washington is increasingly becoming a fight over a single question: who gets to keep deposit insurance on-chain? FDIC Chair Travis Hill signaled that payment stablecoins under the GENIUS Act should not qualify for pass-through insurance, while tokenized deposits that meet the legal definition of a deposit would retain the same insurance treatment as traditional bank accounts. That distinction may prove decisive. If banks can offer on-chain dollars that preserve deposit insurance while stablecoins cannot, the competitive balance shifts. Stablecoins may still dominate open networks, but banks would retain the core advantage that has always anchored the…

Cryptocurrencies like Bitcoin offer individuals complete control over their funds, but the same can’t be said for assets locked in vaults, according to the World Gold Council. On Thursday, the trade association formed and funded by the world’s leading gold mining companies proposed a framework for addressing complexities tied to tokenized gold, with the aim of establishing standards for digital assets backed by the precious metal. In a white paper co-authored by Boston Consulting Group, the nonprofit established the concept of “Gold as a Service,” a platform designed to allow companies creating gold-backed tokens to tap into a shared network…

The SEC’s fresh approval of Nasdaq’s tokenized securities framework marks a key turning point for how stocks could trade in the future: it brings blockchain into the core of U.S. equity markets, but on Wall Street’s terms. The regulatory green light allows Nasdaq to test a system where certain stocks and ETFs can be issued and settled as blockchain-based tokens while trading alongside traditional shares. In practice, investors could hold tokenized versions of securities in digital wallets, with clearing and settlement handled by the Depository Trust & Clearing Corporation (DTCC). However, the effort isn’t a sweeping overhaul of market operations;…