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.

Korea's Stock Market Crashed 33%, Then Jumped 18%: Crypto Traders Still Broke

RegulationAug 13

A Historic Crash, Triggered by a Chip Shock The KOSPI’s July decline surpassed the single-month drops recorded during the 1997 Asian Financial Crisis and the 2008 Global Financial Crisis, making it the worst month in the index’s history. The rout deepened most recently starting July 28, when news that China had begun mass production of homegrown chipmaking tools sent the index down 10.8% in a single session, all while triggering multiple trading halts. Samsung Electronics and SK Hynix, the two stocks that had powered Korea’s AI-driven rally over the past year, absorbed the worst of it. SK Hynix’s earnings miss,…

Anonymous Whale Moves $1.4 Million in ENA Tokens to Binance, Onchain Data Shows

AltcoinsAug 13

An anonymous cryptocurrency address has deposited 16 million $ENA tokens, valued at approximately $1.37 million, into the Binance exchange. The transaction was detected by onchain analytics platform Onchain Lens, which identified the funds originating from a Gnosis multisig wallet. Exchange deposits of this magnitude are often interpreted by market observers as a precursor to selling, raising questions about potential price pressure on the Ethena Labs token. Onchain Transaction Details According to the blockchain data, the transfer occurred in a single transaction from a Gnosis Safe multisig wallet to a Binance deposit address. Gnosis multisig wallets are commonly used by organizations,…

The crypto project trying to replace the US banking system just pulled its 10 trillion token filing

LegalAug 13

American CryptoFed withdrew its second attempt to register the Locke governance token after the US Securities and Exchange Commission (SEC) staff found numerous material failures in its disclosure filing. The Wyoming organization submitted the withdrawal request on Aug. 3, preventing its Form 10 registration statement from becoming effective automatically on Aug. 15 while the staff’s concerns remained unresolved. American CryptoFed operates as a Wyoming nonprofit unincorporated association and describes itself as the successor to American CryptoFed DAO LLC. The organization says its network is designed to address what it considers structural weaknesses in fractional reserve banking. It argues that the…

Nigeria Approves Blockchain-Based Stock Token Trading via NASD

ExchangesAug 13

Nigeria has taken a significant step toward modernizing its capital markets by approving the trading of blockchain-based stock tokens. The approval, granted to NASD, the country’s over-the-counter (OTC) market, will enable companies to issue and trade tokenized equities, according to a Bloomberg report. NASD plans to launch the service in early September, following the green light from Nigeria’s Securities and Exchange Commission (SEC). Regulatory Milestone This move marks a notable development in Nigeria’s evolving approach to digital assets. The Nigerian SEC had previously authorized NASD in 2023 to develop digital tokens backed by real-world assets, laying the groundwork for this…

Ethereum Dominates as Public Token Sales Hit $1.42B in 2026

BlockchainAug 13

Public token sales have pulled in $1.42 billion so far this year, but the capital is not spreading widely across the landscape. Data from CryptoRank, cited in the original report, shows that five blockchain ecosystems account for roughly $1.34 billion, or about 94% of the total. The fundraising window may be wide open, but project founders and investors are voting with their wallets for a very short list of networks. Ethereum again claimed the largest share, attracting $334 million in public token sale proceeds. $BNB Chain followed at $288 million, with Base at $269 million and Solana at $241 million.…

Crypto Market Shifting From Speculation to Tokenized Asset Trading

RegulationAug 13

Circle CEO Jeremy Allaire said the cryptocurrency market is moving beyond speculation toward a structure centered on trading tokenized assets. During Circle’s earnings call, Allaire emphasized that the market is entering a phase of transition, supporting a wide range of assets such as equities and commodities through tokenization. The company reported second-quarter revenue of $701 million and adjusted EBITDA of $143 million. Context: What Is Tokenized Asset Trading? Tokenization refers to the process of representing real-world assets, such as stocks, bonds, real estate, or commodities, as digital tokens on a blockchain. This allows for fractional ownership, faster settlement, and 24/7…

Aster’s 112 RWA markets are live, so why is ASTER still stuck?

AltcoinsAug 13

Looking ahead, Aster Vault could bring more capital into the ecosystem, Aster Card may create everyday utility, and the expanded TradFi offerings could attract many more traders. More importantly, platform activity can feed into staking rewards and token buybacks, since most daily fees are now used to purchase $ASTER. Source: TradingView However, traders don’t seem convinced. $ASTER traded near $0.626 at press time, and has spent much of the recent period moving within a narrow range. The daily RSI was at 48, so the pace is neutral. OBV has improved from earlier lows, but there isn’t enough for a proper…

Luxembourg Expands FIU Alerts to Crypto Exchanges

LegalAug 13

Targeting Crypto Loopholes Luxembourg is adding cryptocurrency exchanges to its emergency financial alert system under new anti-fraud legislation taking effect Aug. 8, extending broad asset-freezing notices beyond traditional banks as part of a crackdown on high-profile corporate scams. According to a report, the law, Bill 8722, gives the nation’s Financial Intelligence Unit (FIU) unprecedented authority to issue rapid-response alerts across the country’s entire financial sector when fraudulent accounts are identified. Crucially, the measure mandates that crypto exchanges operating in Luxembourg receive the warnings alongside traditional banks and payment institutions — closing a critical loophole that allowed fraudsters to quickly move…

Full List of Supported Countries and Regions

ExchangesAug 13

Coinbase, one of the world’s largest cryptocurrency exchanges, has published an updated list of countries and regions where its services are available. The announcement, made via the company’s official X account, provides a comprehensive overview of its global reach, covering more than 100 jurisdictions across six continents. Expanding Global Footprint The updated list includes a diverse range of nations, from major economies like the United States, the United Kingdom, Germany, and Japan to smaller territories such as Gibraltar, Guernsey, and the Isle of Man. Notably, the list also includes countries with developing crypto markets, including Nigeria, Kenya, and the Philippines,…

Ethena’s USDe grabs 43% of Robinhood Chain stablecoins as capital parks

BlockchainAug 13

Ethena’s $USDe has quickly become a major source of dollar liquidity on Robinhood Chain, growing from about $17 million a month ago to roughly $253 million, or close to 43% of the chain’s stablecoin supply, according to The Block. The jump is notable because $USDe is more than a digital dollar. It is a synthetic dollar designed to maintain its value through crypto assets and offsetting derivatives positions. Its rapid growth on Robinhood Chain suggests some of the capital arriving on the network may be looking for more than a place to trade. The trend is also indicative of a…