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.

Is Clarity's delay a blessing in disguise?: State of Crypto

LegalAug 10

While the crypto industry wanted a vote on the Clarity Act, it would probably be better for the industry if that vote were successful. If the bill had failed a cloture vote last week, it may well have just ended the process until the next Congress. And it is unclear whether the Senate would have voted to advance Clarity before the August recess, given ongoing concerns about President Donald Trump's crypto business ties, renewed debates about stablecoin yields and rewards and other outstanding issues being negotiated. Breaking it down There is a lot to unpack about the crypto industry's failed…

“The Crypto Winter Is Over, We May Have Hit Bottom”

BitcoinAug 10

Geoff Kendrick, head of digital asset research at Standard Chartered, believes that following the recent sharp pullback in Bitcoin, the market may have largely passed its bottom. According to Kendrick’s assessment, Bitcoin’s decline to around $59,000 marks the weakest point in the cryptocurrency market in recent times. Recalling that the leading cryptocurrency has lost over 50% of its value since reaching its record high of $126,000 approximately eight months ago, Kendrick argued that the current situation indicates that the selling pressure is nearing its end. Market Recovery Depends on These Factors Kendrick noted that the market needs some key developments…

EIP-8361 targets inflation, yet 99.7% signal ‘No’ – Why?

EthereumAug 10

The recently released proposal to cap Ethereum staking rewards, EIP-8361, continues to elicit unanimous pushback. According to ETHVA data, out of the 83K staked $ETH amongst validators, 99.7% were signaling ‘No’ on the proposal. Although this is a non-binding check, it’s a community sentiment gauge that tracks the proposal support amongst key stakeholders. The overwhelming 99.7% ‘No’ is a clear indication that the proposal may stall due to limited support. Source: $ETH VA The proposal is currently at EIP (Ethereum Improvement Proposal) or draft phase. For it to be included in the upcoming Hegota network upgrade, it must clear the…

Cardano Founder Blasts Ark Invest Director's Bias Over Criticism

AltcoinsAug 10

Cardano founder Charles Hoskinson addressed criticism from Director of Research of the Digital Asset team at Ark Invest, Lorenzo Valente, in an X post. Valente, in an X post, had questioned why Cardano continues to receive industry attention, criticizing its continued prominence in the space. He claimed that the crypto sector undermined its own credibility by continuing to invite Cardano founder Charles Hoskinson to conferences, accepting sponsorships, and featuring Cardano in podcasts. "It's 2026, and we're still talking about Cardano. We're still inviting Charles to conferences, treating Cardano as newsworthy, accepting its sponsorship money, and giving it airtime on podcasts.…

Cyprus Targets On-Site Audits for Crypto Custodians

LegalAug 10

Targeting Custody and Infrastructure Risks The Cyprus Securities and Exchange Commission (CySEC) will launch a wave of on-site visits and desk-based reviews targeting authorized crypto asset service providers (CASPs) as part of a broader European effort to strengthen operational resilience in digital asset custody. In a circular issued to regulated firms, CySEC chairperson George Theocharides said the regulator is preparing to audit a representative sample of local crypto entities under the Common Supervisory Action for 2026, coordinated by the European Securities and Markets Authority (ESMA). The enforcement initiative, scheduled to run from the second half of 2026 through the first…

Hana Financial and Lambda256 Build Blockchain-Powered Overseas Remittance System

BlockchainAug 10

Hana Financial Group has selected blockchain infrastructure firm Lambda256 as its technology partner for a new overseas remittance and payments project, developed in collaboration with Dunamu. The initiative, which began in earnest in June, aims to modernize cross-border payment processing using distributed ledger technology, according to The Herald Business. Project Scope and Technical Implementation Lambda256, the blockchain technology subsidiary of Dunamu, is serving as the technology provider for Hana Bank’s overseas trade remittance operations. The company is developing smart contracts to process and record remittance transactions on GIWA Chain, Dunamu’s enterprise blockchain platform. These contracts are being integrated with Hana…

Will There Be a Repeat of the BTC Sale by Strategy That Triggered Bitcoin’s Latest Drop? The Company’s CEO Gave Clear Answers

BitcoinAug 10

Phong Le, President and CEO of Strategy, the largest institutional investor in the cryptocurrency world, put an end to speculation that the company might be forced to sell Bitcoin. Le stated that the company holds 845,000 Bitcoins, representing approximately 4% of the total supply, and argued that claims of “forced sales” in the market do not reflect the truth. In an interview with Scott Melker, MicroStrategy CEO Phong Le made important statements regarding the company’s financial structure, its recent small-scale Bitcoin sale, and its future strategies. Le stated that MicroStrategy was once neck and neck with BlackRock’s spot Bitcoin ETF…

Aave's Kulechov backs Sharplink in opposing Ethereum staking-burn proposal

EthereumAug 10

Aave founder Stani Kulechov and Sharplink have opposed EIP-8363, a draft Ethereum proposal that would burn validator rewards down to nothing as more $ETH is staked. The two DeFi stakeholders are standing against a group of Ethereum Foundation researchers over how the network should pay the people who secure it. Who is against the Tapered Issuance Burn? The proposal, named “Tapered Issuance Burn,” that calls for a system where the network would destroy a growing share of rewards given to validators, was posted on GitHub on August 4, 2026. When staking reaches about 60.25 million $ETH, which is close to…

Dormant Shiba Inu Whale Ends Seven-Month Silence With 30 Billion SHIB Purchase From Binance

AltcoinsAug 10

A previously inactive Shiba Inu whale has resumed accumulating the token after spending more than seven months on the sidelines. According to on-chain data from Arkham Intelligence, the whale recently purchased 30.18 billion Shiba Inu in a single transaction valued at $125,270. The transaction quickly attracted the attention of the Shiba Inu community, as it marked the whale’s first significant purchase in months. Latest Purchase Lifts Holdings to 50.28 Billion $SHIB Before the latest acquisition, the whale had not bought any $SHIB for over seven months. The previous purchase occurred in December 2025, when the address acquired 70 million $SHIB.…

VALR’s Ehsani Warns Crypto Curbs Could Reduce Regulatory Oversight

LegalAug 10

Corporate Limits and Illicit Flow Risks South Africa’s new proposed cross-border cryptocurrency framework risks severely damaging the domestic digital asset industry and driving financial activity underground unless key provisions are substantially revised, according to Farzam Ehsani, co-founder and chief executive officer of VALR. Commenting on the joint draft crypto asset manual released by the National Treasury and the South African Reserve Bank (SARB), Ehsani cautioned that attempting to apply decades-old capital controls to modern technology threatens employment, local investment, and business innovation. While acknowledging positive adjustments in the draft—specifically that a reportable event is triggered upon withdrawing funds from a…