Author: NBTC
Crypto exchange Binance has transferred roughly $100 million worth of bitcoin from one of its hot wallets into its Secure Asset Fund for Users (SAFU), marking an early on-chain step in the exchange’s plan to reframe its user protection reserve around bitcoin. Blockchain data shows about 1,315 BTC moved in a single transaction from a Binance-labelled hot wallet to a known SAFU fund address early Monday. The transfer was direct and showed no signs of interaction with external wallets, suggesting an internal treasury reclassification rather than a market-facing trade. Last week, Binance said it would convert $1 billion worth of…
Many things have changed since Satoshi Nakamoto mined the first Bitcoin block on January 3, 2009. Nowadays, mining has become a much more serious and complex endeavor, so it makes perfect sense to question whether it is still a profitable activity. To answer this question, however, the response needs to be divided into three parts, each addressing a different scenario. The Bitcoin Mining Reward The Three Methodologies First Methodology The Second Methodology The Third Methodology The Bitcoin Mining Reward Initially, in 2009, Bitcoin mining was conducted in a single way, using a single software. At the time, mining $BTC was…
AEON is forming a strategic collaboration with AB DAO to better link digital assets to real-world utility, a long-term goal of the blockchain sector. While decentralized finance has thrived inside its own ecosystem, the usage of on chain assets for day-to-day purchases, such as buying coffee, has proven a technological and practical difficulty. This new partnership is looking to eliminate those barriers by facilitating practical crypto payments in everyday commerce and can mean a massive leap towards mainstream. Integrating AB Chain Assets into Global Commerce Recently, AEON announced a partnership through its official channels with an emphasis on Integrating AB…
Coinbase customers are experiencing pain in new ways as Bitcoin and Ethereum tumble, with losses piling up for thousands of users through the exchange’s crypto-backed lending product. Over the past week, Coinbase users have lost $170 million worth of collateral through liquidations on DeFi platform Morpho, according to a Dune dashboard. As Bitcoin and Ethereum notched double-digit declines, some 2,000 users lost $90.7 million on Thursday alone. When Coinbase began providing access to Bitcoin-backed loans last year, the company positioned the product as a way for people to grow their wealth. It later expanded to Ethereum-backed loans, while raising loan…
Key Takeaways Bitmine Immersion Technologies invests $200 million in Beast Industries. The investment will close around January 19, 2026. Bitmine Immersion Technology, the world’s leading Ethereum treasury company, announced Thursday a $200 million equity investment into Beast Industries. The announcement comes ahead of Bitmine’s annual meeting scheduled for later today. The partnership will focus on exploring the integration of decentralized finance (DeFi) into MrBeast’s upcoming financial services platform to bridge the gap between digital assets and the creator economy. The deal, viewed as a significant endorsement of Beast Industries’ vision and growth potential, is set to close on January 19,…
Ripple said Monday it had received full approval of an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), a step that would let the company scale regulated payments services across the European Union. Ripple announced “preliminary” approval last month and has since met all conditions required by the CSSF, which has now granted final authorization. “Europe has always been a strategic priority for us, and this authorization allows us to scale our mission of providing robust, compliant blockchain infrastructure to clients across the EU,” Cassie Craddock, Managing Director, UK & Europe…
On-chain data reveals a significant Bitcoin mining difficulty adjustment, with the network’s complexity plunging by 11.16% this week. This substantial drop represents the most dramatic single decrease since July 2021, following China’s comprehensive mining ban. The adjustment automatically recalibrates the Proof-of-Work puzzle’s hardness, directly responding to shifting global hash power. Consequently, this event provides critical insights into miner economics, network health, and the evolving cryptocurrency landscape. Analysts from Solid Intel first reported this notable metric shift, prompting immediate examination across the industry. Bitcoin Mining Difficulty Plunges in Historic Adjustment Bitcoin’s mining difficulty serves as the network’s fundamental self-regulating mechanism. It…
The $ADI Foundation, an Abu Dhabi–based blockchain infrastructure developer, has partnered with H2O Hospitality, a South Korea–based hospitality technology provider, to expand blockchain-powered payments across the UAE travel and consumer sectors. The collaboration focuses on integrating $ADI Chain into real-world travel services to enable digital payments and identity tools for visitors. Under the agreement, the $ADI Foundation will develop and deploy blockchain-based solutions, while H2O Hospitality will distribute them through its guest-facing platforms. The integration will be embedded into H2O’s smart check-in systems, allowing travelers to open digital wallets upon arrival and use a planned dirham-backed stablecoin for payments during…
HPX, a renowned digital wallet platform, has partnered with Phoenix Finance, a popular DeFi initiative issuing RWA-backed stablecoins. The partnership attempts to integrate Phoenix Finance’s $PUSD, an RWA-backed yield-focused stablecoin, into the HPX ecosystem. As HPX mentioned in its official X announcement, the partnership aims to provide consumers with unique DeFi opportunities. Additionally, to venerate this move, HPX is also unveiling a new Genesis Campaign to reward loyal community participants and early adopters. HPX × @Phnx_fi — Partnership Live 🤝 We’re excited to announce a strategic partnership with Phoenix Finance to bring PUSD — their RWA-backed yield stablecoin — to…
Ash Crypto has shared news about a well-known crypto whale opening very large long positions. According to the post, this trader has placed bets worth nearly $850 million across Bitcoin, Ethereum, and Solana. The positions are bullish, meaning the trader is betting that prices will go up. Because of the size and timing, the move has caught strong attention in the crypto market. The trader is often called an “insider whale” by the community. This is because past trades were well-timed during big market moves. However, there is no proof of insider information. The label mostly reflects the trader’s track…