Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Binance to Temporarily Suspend Conflux (CFX) Deposits and Withdrawals for Network Upgrade

Binance, one of the world’s largest cryptocurrency exchanges, has announced a temporary suspension of deposits and withdrawals on the Conflux network for its native token, $CFX. The suspension is scheduled to begin at 11:00 p.m. UTC on August 24, aligning with the network’s upcoming upgrade and hard fork. Why Is Binance Suspending Conflux Transactions? The suspension is a standard precautionary measure taken by exchanges during network upgrades and hard forks. Such events often involve changes to the underlying blockchain protocol, which can temporarily affect transaction processing and network stability. By pausing deposits and withdrawals, Binance aims to ensure the safety…

ExchangesAug 20

Bitcoin miner Ionic gets 90% of revenue from AI lease as BTC drives $35M loss

Ionic Digital, a Bitcoin miner repositioning its power sites for AI infrastructure, generated 90% of its second-quarter revenue from leasing. Its Q2 accounts show an uneven transition: operating revenue has shifted away from mining faster than reported earnings have shifted away from Bitcoin. The Ward County lease with AI infrastructure provider Nscale produced $43.8 million of Ionic's $48.6 million in Q2 revenue, while mining contributed $4.8 million, according to the company's second-quarter filing. Ionic recognized that lease revenue on a straight-line basis even though recurring base rent began after the quarter, making cash collection the next measure of the shift.…

MiningAug 20

Dubai Land Department tokenizes 10 real estate towers on XRPL, targets $16 billion by 2033

In a groundbreaking pilot backed by Dubai’s government, ten physical real estate towers have been fractionalized into 7.8 million digital tokens. These tokens are now approved for secondary-market trading through regulated platforms, with a minimum participation threshold of AED 2,000, equivalent to approximately $540. Settlement for transactions occurs within 3 to 5 seconds via the $XRP Ledger (XRPL), with Ripple Custody safeguarding the digital assets throughout the process. Dubai Land Department moves to tokenization The Dubai Land Department, the official government entity responsible for real estate registration and regulation in the emirate, selected XRPL as the foundation for this initiative.…

BlockchainAug 20

German Bitcoin Developer Reveals Key Reasons He Missed Out on BTC Gains

A prominent German Bitcoin developer has admitted that concerns over self-custody security prevented him from accumulating more $BTC despite the fact that he actually believed in the cryptocurrency's long-term potential. This rather unusual confession came after the biggest hardware wallet security incidents in Bitcoin's history. René Pickhardt, a famed Bitcoin researcher and Lightning Network developer, said in a post on X that he had been "too ashamed" to admit the real reason he never bought much Bitcoin. "Despite its potential upside, I never bought much Bitcoin because security & key management always freaked me out," Pickhardt wrote. According to the…

BitcoinAug 20

ETH Retests Triangle Breakout as Tom Lee Flags First Cloud Break Since October

The Ethereum price prediction turned constructive today, with $ETH retesting a confirmed triangle breakout near $1,914 as Fundstrat’s Tom Lee flags that $ETH sits just 3.5% below a technical level it hasn’t broken since October 2025. Ethereum Price Analysis: $ETH Breaks Triangle, Retests as Support Ethereum Price Analysis (Source: TradingView) $ETH broke above the descending resistance line of a symmetric triangle that’s been building since early July, and price is now retesting that broken trendline as support near $1,900 to $1,920. The 100-day EMA at $1,917.36 sits right in this retest zone, reinforcing it. The Parabolic SAR at $1,826.09 stays…

EthereumAug 20

Pi Network Price Crashes 98% – 3 Steps That Could Revive the Pi Token Price

Pi Network price has fallen to a new all-time low after dropping another 13% to $0.07078. The token is now down more than 98% from its all-time high, increasing concerns among holders as selling pressure continues to mount. As Pi’s decline accelerates, some community members are urging the Pi Core Team to take immediate action to address the project’s growing supply issues. Long-time Pi supporter Dr. Altcoin has proposed three key solutions for the Pi Core Team to act on and warned that the team’s silence is only making the situation worse. Pi Network Is Facing a Supply Crisis Dr.…

AltcoinsAug 20

South Korea’s Jeonbuk Bank taps Ripple for cross-border payments

South Korea’s Jeonbuk Bank has partnered with blockchain payments company Ripple to deploy its cross-border payment system for business customers. On Tuesday, Ripple said its Ripple Payments platform would let the bank’s customers settle overseas transfers in seconds to minutes, with operations around the clock. The service targets businesses including import-export companies, technology startups and online content creators. Ripple said its system would provide the bank with faster, less expensive remittance capabilities than conventional transfers routed through intermediary banks via the SWIFT messaging network, which can take several days. The companies did not disclose whether the service is already available…

ExchangesAug 20

FalconX, Interstice Connect Canton to Ethereum, Solana and Robinhood Chain

Interstice Digital has launched a cross-chain swap engine with FalconX connecting the Canton Network with Ethereum, Solana and Robinhood Chain. According to Tuesday’s announcement, the non-custodial engine allows assets to be swapped across the four networks without Interstice taking custody or executing transactions on users’ behalf. FalconX, a digital asset prime brokerage serving institutional investors, provides liquidity for the engine, which is designed to connect Canton’s institutional markets with assets and trading activity on public blockchains, giving users a route between tokenized assets on Canton and liquidity on networks such as Ethereum and Solana. Canton is a public blockchain built…

BlockchainAug 20

Block adds 85 Bitcoin, treasury rises to 9,117 BTC after S&P 500 entry

Block Inc. has increased its corporate Bitcoin treasury by 85 $BTC, taking its total holdings to 9,117 $BTC and moving the Jack Dorsey-led company to 15th place in the Bitcoin 100 corporate holdings ranking. According to Bitcoin Treasuries.NET, Block’s latest purchase raised its Bitcoin balance from 9,032 $BTC to 9,117 $BTC, placing the fintech company 15th among publicly tracked corporate Bitcoin holders. The update was shared on X and did not disclose when the purchase was completed or the price paid for the additional coins. JUST IN: Jack Dorsey's Block Inc $XYZ buys an additional 85 #Bitcoin and now holds…

BitcoinAug 20

Longling Capital Moves $3.7M in ETH to Binance as Ethereum Spikes Above $2,100

Chinese investment firm Longling Capital has transferred 1,800 Ether ($ETH), valued at approximately $3.67 million, to the cryptocurrency exchange Binance. The transaction occurred as Ethereum’s price briefly surged above $2,100, according to data shared by the blockchain analytics platform AmberCN. Deposits to exchanges are typically interpreted as a signal that the holder intends to sell, and AmberCN’s analysis suggests the funds may have already been liquidated. Context and Market Impact The transfer comes amid a notable uptick in Ethereum’s price, which has been trading in a volatile range over the past week. The brief move above $2,100 marks a key…

EthereumAug 20