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.

Replay Attack Alarm Grows as BIP-110 Backers Brand Bitcoin 'Spamcoin'

The issue matters because Luke Dashjr and other BIP-110 supporters are discussing a hard fork that would replace the minority chain’s SHA-256d mining algorithm with BLAKE2b. Such a move would permanently create a whole new design, but the two networks would still share their transaction history from before the split. What Exactly Is a Replay Attack? Imagine someone holds 1 bitcoin before a hard fork. When the blockchain divides, the same historical unspent transaction output, or UTXO, exists on both networks. In practical terms, the owner controls corresponding coins on each chain with the same private key. Trouble begins if…

BlockchainAug 20

Breez Announces Glow, an Open Source Bitcoin to Stablecoins Progressive Web App

Developed by Breez in partnership with Bitcoin Spark, the Glow app lets users send stablecoins from their Bitcoin balance, while empowering developers to build better user experiences without having to worry about the difficult parts of building on top of Bitcoin. Breez’s SDK takes care of asset exchange in the background while supporting lightning payments through its Spark integration. “Glow is a Bitcoin app for everyone,” said the company in a press release shared with Bitcoin Magazine. Users can access the app on both Apple and Android app stores. Glow re-invents the Bitcoin wallet experience, deviating from the seed phrase…

BitcoinAug 20

Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds

The wallet known as “pension-usdt.eth” had been short ether for two months. On Thursday morning it was closed out after a surge across all major tokens, and lost nearly $24 million on the trade. The address had been one of the more successful short sellers of the year, with roughly $49 million in profits from betting against crypto. Its recent record was a run of wins — nearly $6 million on a 60,000 $ETH short closed in June, $3.6 million on a 1,400 BTC short in the same month, $1.7 million on another bitcoin short in March. This single trade…

EthereumAug 20

Strategy CEO Announces Key Financial Metric Overhaul as Its Stock Falls Faster Than Bitcoin

Strategy Inc. CEO Phong Le has announced a radical simplification of the mNAV formula, which governs the company's issuance of new shares. The financial reform comes at a critical moment: according to the latest TradingView charts, Strategy's key instruments and Bitcoin itself have suffered steep declines since the beginning of the year. Why change the formula now? The main change is the introduction of a fixed efficiency threshold of 1.0x, while the mNAV metric itself has risen to 1.07x. According to Le, this creates the simplest and most transparent trigger possible for restarting the equity "printing press." The new formula…

RegulationAug 20

the prediction market emergency that could redraw federal-state crypto boundaries

On August 11, the CFTC invoked emergency powers for only the seventh time in its history to keep Kalshi running after New York filed a $36 billion lawsuit calling prediction contracts illegal gambling. The clash between federal derivatives law and state gaming enforcement may define the regulatory future of every crypto-adjacent market in America. When the Commodity Futures Trading Commission ordered a private company to ignore an active state lawsuit and keep its doors open, the agency crossed a line that no federal financial regulator had approached in more than four decades. The August 11 emergency order did not merely…

LegalAug 20

HTX Denies Involvement in Flagged Small Transfers, Cites Possible Labeling Errors

Cryptocurrency exchange $HTX has denied any involvement in a series of small transfers that were flagged by community members on social media, after reports suggested the transactions may have originated from the platform. The exchange’s official spokesperson, Molly, who also serves as an $HTX DAO ambassador, addressed the concerns in a post on X, stating that the company is conducting further checks to determine the specific source and cause of the transfers. Exchange Response and Investigation Molly said $HTX is not ruling out possibilities such as address labeling issues or errors in how the origin of on-chain transfers is identified.…

ExchangesAug 20

Bitcoin Holds Above $64,500 as Short Liquidations Drop

Market Momentum and Intraday Volatility Bitcoin nearly reached $65,000 on Thursday as the cryptocurrency’s gradual rise, albeit a slower one since the start of the month, showed no signs of slowing. Although selling pressure weighed on the market at times, bitcoin’s daily chart showed support above $64,500 during pullbacks. However, bitcoin slipped below that threshold in two separate trading sessions. The first drop occurred between 9 p.m. and midnight, when the price fell to around $64,480 or lower. While bitcoin rallied past $64,900 by 1:30 a.m. EST, a similar pattern emerged shortly after 8 a.m., when the asset dropped to…

BitcoinAug 20

Schwab rebrands $232M crypto ETF with NLP buzzword without changing a single investment

Schwab Asset Management put “natural language processing” front and center in the name of its $232 million crypto-equity ETF, four years after the fund began using the technique to pick stocks. STCE is an equity ETF, not a spot crypto fund. It owns shares in companies connected to the crypto ecosystem rather than cryptocurrency or other digital assets directly. The fund, formerly called the Schwab Crypto Thematic ETF, became the Schwab Crypto Thematic Natural Language Processing ETF on July 28. Its ticker remains STCE. The 2026 summary prospectus retains the stated objective, 0.30% annual operating expense ratio, and Schwab Crypto…

RegulationAug 20

Prism Relaunches on New Contract After Exploit Diverted Nearly 40% of Fees

Prism, a token that pays a share of trading fees to everyone who holds it, is relaunching on a new Ethereum contract after disclosing that an attacker spent most of July siphoning off nearly 40% of those fees. The original PRISM token, which the project is now abandoning, plunged about 91% in the 24 hours through 2:13 p.m. ET on Tuesday, compared with a 4% gain for Bitcoin, according to CoinGecko data. It changed hands near $16, down from a high of about $1,145 on June 3, for a market value of roughly $82,000 on about $288,000 of 24-hour volume.…

AltcoinsAug 20

Why Crypto's Next Regulatory Test Is Cross-Border Coordination

The central debate in digital asset policy used to be whether to regulate at all. That question is now settled. MiCA's transitional period ended July 1st, 2026; the UK finalized its cryptoasset rulebook on June 30th; the US celebrated the one-year anniversary of the $GENIUS Act becoming law; and the SEC and CFTC issued joint guidance in mid-March that classified many digital assets as digital commodities. What now keeps industry participants and policymakers up at night is whether rules written in Washington, London, and Brussels can interoperate and work alongside one another. The end of MiCA's transitional period triggered a…

LegalAug 20