Author: NBTC

The Open Network Foundation (TON) confirmed via its official X account that its native token, Toncoin, will officially rebrand to Gram on June 15. The decision, approved by 81.22% of the community vote, marks a return to the token’s original name abandoned during past regulatory disputes with the U.S. Securities and Exchange Commission (SEC). Rebrand Details and Timeline According to the foundation’s announcement, the ticker will change from TON to GRAM at precisely 8:00 p.m. UTC on June 15. The foundation clarified that the blockchain itself will continue to be called The Open Network. Only the token’s name, ticker, and…

Democratic Senator Ruben Gallego says he will be working with Republicans to come up with a counterproposal to White House-approved ethics provisions in the CLARITY Act, saying the draft released this week was “not a serious effort.” On Wednesday, Senate Republicans released the proposed text for the Digital Asset Market Clarity (CLARITY) Act, including language on ethics that would bar all US federal officials — including US President Donald Trump — from issuing or sponsoring any digital asset. Democrats said the ethics provisions fall short. “Whatever piece of shit they sent back to us, that was not a serious effort,”…

Crypto exchange Bitget has issued a formal notice stating that it does not hold a license, approval, registration or authorization from the Monetary Authority of Singapore. The company also confirmed that it does not offer or target its services to people in Singapore and restricts access to its platform from the country. The notice, dated July 21, comes as Bitget continues expanding into other markets under separate regulatory systems. CEO Gracy Chen said, “As Bitget continues to expand globally, we will remain committed to meeting local regulatory requirements and building a trusted platform for our users.” Bitget confirms Singapore remains…

Pharos Network, a moduler blockchain and DeFi platform, has announced Binance Wallet’s inclusion in its RealFi Alliance. This marks another move in the wider expansion of cutting-edge on-chain assets. As per Pharos Network’s official social media announcement, the development underscores its continued endeavors to bring together top blockchain market participants who attempt to drive real-world financial utilities and DeFi. Thus, by collaborating with Binance Wallet, Pharos Network attempts to fortify the network with wider accessibility, greater connectivity, and enhanced consumer participation across blockchain ecosystems. Excited to welcome @BinanceWallet to the RealFi Alliance! 🦾RealFi grows stronger with every new participant. Together,…

Thursday’s PCE report is now the main macro event for global markets. Core PCE is expected at 0.28% month-over-month and 3.3% year-over-year. On the other hand, Headline PCE estimates sit at 0.44% monthly and 3.8% annually, according to median forecasts shared by the Wall Street Journal’s Chief Economics Correspondent Nick Timiraos. If the numbers land there, Core PCE annual inflation would hit its highest level since November 2023. The six-month annualized Core PCE rate would rise to 3.8%, the highest since June 2023. Source: X Markets are entering the release with yields already elevated, oil prices rising again, and Fed…

StarkWare and Sui launched new privacy features this week that allow users to conceal transaction data without fully sacrificing auditability or regulatory oversight. StarkWare said Tuesday that it launched STRK20, a privacy framework for ERC-20 tokens on Starknet that allows users to shield balances and transaction data while providing mechanisms for disclosure under certain circumstances. Eli Ben-Sasson, co-founder and CEO of StarkWare, told Cointelegraph that “compliance-ready” does not mean STRK20 itself determines legal compliance or guarantees regulatory approval. He said the framework is built around a risk-based model in which privacy is conditional rather than absolute, with screening applied at…

The Blockchain Association has made a significant case to the SEC, arguing that securities laws should regulate intermediaries rather than neutral infrastructure. They assert that code is a form of speech and that developers do not act as financial middlemen. This position was communicated directly through their official Twitter account, emphasizing the need for regulatory clarity in the crypto industry. Breaking It Down The Blockchain Association’s recent engagement with the SEC comes at a crucial time as the agency considers updates to its regulatory framework. The organization emphasizes that focusing on intermediaries rather than the underlying infrastructure is essential to…

BitMEX co-founder Arthur Hayes has transferred 1.25 million $USDC to Cumberland, according to data from blockchain analytics firm Onchain Lens. The transaction, recorded on the Ethereum network, adds to a series of notable on-chain movements by the prominent crypto figure in recent months. Details of the Transfer Onchain Lens flagged the deposit on [Date of event, e.g., March 25, 2025], showing a wallet associated with Hayes sending 1.25 million $USDC to an address linked to Cumberland, a major institutional over-the-counter (OTC) trading desk and liquidity provider. Cumberland is known for facilitating large-scale trades for institutional clients, including exchanges, funds, and…

LuLu Financial Holdings and CreataChain Pte. Ltd. signed a Memorandum of Understanding on July 23rd, 2026, launching a structured blockchain interoperability sandbox evaluation that keeps every test well away from live financial systems. The agreement signals a deliberate, methodical approach to blockchain adoption — one that prioritizes technical due diligence over speed-to-market. Key takeaways LuLuFin and CreataChain signed an MoU on July 23rd, 2026, to evaluate blockchain infrastructure interoperability in a controlled sandbox. No live customer data, production systems, or regulated financial services are involved at any stage of the evaluation. Testing covers node deployment, wallet and SDK integration, smart…

Strategy (formerly MicroStrategy) told preferred shareholders that its so-called USD Reserve was their safety net. Half a year later, it drained most of it to retire zero-coupon debt that was costing the company nothing in interest. Indeed, in December, Michael Saylor’s Strategy said it established a $1.44 billion USD Reserve “to support the payment of dividends on its preferred stock and interest on its outstanding indebtedness.” It’s now used most of it for purposes other than paying interest and dividends. USD Reserve is a fancy term for cash used by the company to distinguish cash from its bitcoin ($BTC) reserve,…