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.

Solana mainnet upgrade hits 100M compute units in a 66% capacity leap

AltcoinsAug 7

Solana is about to get a lot more powerful. The network is raising its mainnet block compute limit from 60 million to 100 million compute units — a 66% jump in raw processing capacity — with the change set to activate at the start of Epoch 1009 within 24 hours. For a blockchain already positioned as one of the fastest in the industry, this isn’t a minor tweak. It’s a structural expansion that could reshape how developers and users interact with the network. Key takeaways Solana’s block compute limit increases from 60 million to 100 million compute units — a…

John Deaton on Becoming ‘The XRP Ripple Lawyer’ and How 75,000 Holders Found Him

LegalAug 7

John Deaton has run for US Senate against Elizabeth Warren. He’s also, by his own account, more likely to be recognized for something else entirely. Deaton says his path into the $XRP world began the way it does for a lot of people, with Bitcoin first, then a slow slide down the rabbit hole into other coins. He ended up holding Bitcoin, Ethereum, and $XRP, drawn in part by how quickly $XRP transactions settled. “It showed up in three seconds,” he said, describing his own reaction the first time he sent it. The story that pulled him deeper into advocacy…

IREN’s $625 million AI bet creates a $476 million stock overhang

MiningAug 7

Bitcoin miner IREN registered nearly 12 million shares issued in its acquisition of Mirantis for potential resale, creating a block worth about $476 million that could add selling pressure to its stock. The company agreed in May to acquire Mirantis in a transaction valued at approximately $625 million at signing, largely through a fixed number of 13.7 million IREN shares. However, the deal closed Aug. 3 with IREN issuing 12.6 million shares alongside about $40 million in cash, restricted stock units and other consideration. One day later, IREN filed a prospectus covering 11.9 million of those shares held by former…

4,000 Bitcoin Worth $262 Million Transferred From Unknown Wallet to PayPal, Whale Alert Data Shows

BitcoinAug 7

Blockchain tracking service Whale Alert reported a significant transaction on Tuesday: 4,000 Bitcoin, valued at approximately $262 million, was transferred from an unidentified wallet to a wallet associated with the payment giant PayPal. The transfer is one of the largest single movements of Bitcoin to a known payment platform this year, drawing attention from analysts and market observers. Details of the Transaction According to Whale Alert’s public data, the transaction occurred in a single block and involved a wallet with no known public affiliation. The receiving address has been linked to PayPal’s cryptocurrency infrastructure, which the company launched in 2020…

How Uniswap’s fee switch could change the economics of DeFi governance tokens

DeFiAug 7

The UNIfication proposal passed with 99.9% support, activated the fee switch, and burned 100 million $UNI tokens. Eight months later, protocol revenue has reached $23 million and Ark Invest estimates annualized burns at $90 million. The question is no longer whether governance tokens can accrue value. It is whether every other DeFi protocol must now follow or watch its token become worthless. The governance token problem has haunted DeFi since the summer of 2020. Protocols distributed tokens that conferred voting rights but no economic claim on the revenue those protocols generated. The result was predictable: governance tokens traded on speculation,…

SK Hynix stock plunges 10% after record Nasdaq debut: here’s what went wrong

RegulationAug 7

SK Hynix’s record-breaking Wall Street debut was followed by a sharp reality check on Monday, as its Seoul-listed shares fell more than 10% at one stage. The pullback came after the chipmaker’s new American depositary receipts surged 12.8% in their first Nasdaq session on Friday. Importantly, the decline was in the Korean stock, not the SKHY receipts, which had yet to begin Monday’s regular US trading. Analysts largely attributed the reversal to profit-taking, broader market weakness and cooling expectations for near-term HBM4 shipments. SK Hynix stock: From record high to reality check SK Hynix priced 177.9 million depositary shares at…

SHIB's Six Year Anniversary: The Journey So Far

AltcoinsAug 7

Shib (@Shibtoken) turns six on August 1, 2026, and its record reads like nothing else in crypto: a token launched with about $3,000 in liquidity that reached a peak market cap north of $37 billion, absorbed the largest token burn in history, lost its anonymous founder, built its own Layer-2 chain, survived a bridge hack, and still trades roughly 95% below its 2021 high. Days before the anniversary, the team posted a photo of its half-built website from August 2020 with a simple message: six years later, the experiment continues. How Did $SHIB Start? $SHIB launched on August 1, 2020,…

Compliance Specialist at Exness Becomes Vanuatu’s Stablecoin Commissioner

LegalAug 7

Jackson Miake has become Vanuatu’s Commissioner of Stablecoins. His LinkedIn profile lists the role as a contract position with the Ministry of Finance and Economic Management beginning in July 2026. Before the appointment, Miake’s most recent position was Governance Risk and Compliance Specialist at Exness, where he worked from January to July 2026. Vanuatu Passes Stablecoin Legislation Vanuatu’s Parliament passed the Stablecoins Bill in 2025. The legislation provides for a Stablecoin Supervisory Commission, or SSC, alongside licensing for issuers, reserve requirements, disclosure obligations and regulatory supervision. Jackson Miake, Vanuatu’s Commissioner of Stablecoins. Source: LinkedIn Under the legislation, the SSC is…

BitMart shuts down trading as BMX crashes more than 60%

ExchangesAug 7

BitMart has started a phased shutdown of its global cryptocurrency exchange after reviewing its operating conditions, market environment, and future strategy. According to the official shutdown notice, the exchange stopped new registrations, cryptocurrency and fiat deposits, and new spot orders from 01:30 UTC on July 26. Futures accounts entered reduce-only mode, while copy trading, grid trading, API trading, and other automated services began winding down. The exchange will end all spot, futures, and other trading services at 01:00 UTC on August 26. However, the full platform will not close on that date. BitMart plans to terminate trading-platform operations at 15:59…

Bitcoin miners’ AI pivot loses Wall Street’s wow factor

MiningAug 7

Bitcoin miners’ pivot into artificial intelligence and high-performance computing (HPC) is reshaping their business models, but investors are no longer rewarding new infrastructure deals with the same enthusiasm they once did, suggesting the market has become more discerning as AI hosting strategies move into the mainstream. According to new analysis by Blocksbridge Consulting published in TheEnergyMag’s Miner Weekly, the market reaction to AI infrastructure announcements has weakened significantly over the past two years. Reviewing 25 AI and HPC infrastructure deals announced between June 2024 and August 2026, the report found that the average announcement-day stock move fell from roughly 24%…