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.

Circle hosts Seoul event to deepen ties with Korean financial firms

RegulationAug 6

Circle is looking to expand its South Korea outreach by organising an invitation-only industry event in Seoul later this month as it pursues new partnerships with banks, crypto exchanges and payments firms. According to industry officials cited by The Korea Herald, Circle will host Current Seoul on July 23 at Josun Palace under the theme “Korea at a Crypto Inflection.” The event is expected to bring together senior executives from banks, crypto exchanges, payments companies and super-app operators to discuss regulation, industry cooperation and long-term business partnerships. The gathering follows Circle CEO Jeremy Allaire’s visit to South Korea in April,…

Sei Labs Outlines SIP‑5 to Keep Network Accounts Safe From Future Quantum Threats

AltcoinsAug 6

Sei Labs introduced SIP-5, a governance proposal that allows existing accounts to adopt quantum-resistant cryptography without changing wallet addresses, balances, or transaction history. The framework aims to preserve compatibility while improving long-term security. The proposal arrives years before quantum computers pose a practical threat, giving developers, wallets, and users ample time to prepare rather than rushing a network-wide upgrade. SIP-5 recognizes current performance trade-offs tied to post-quantum cryptography while encouraging further research into faster signature schemes that could protect blockchain networks without sacrificing efficiency. Quantum computing remains an emerging technology, but Sei Labs believes blockchain networks should begin preparing before…

Is Vietnam’s new crypto framework the first step towards a ban?

LegalAug 6

In an unexpected turn of events, Vietnam unveiled one of its strictest frameworks for regulating cryptocurrencies to date. This does not imply that cryptos are prohibited in Vietnam though. On the contrary, it means that the nation is altering the manner and location of their trade. For context, Vietnam lacked a fully regulated domestic cryptocurrency market. In fact, the majority of its users have up until now relied on international exchanges like Binance, Bybit, OKX, or other offshore platforms. Thanks to the recently issued decree (Decree No. 284/2026/NĐ-CP), the government hopes that trading will move from these foreign platforms to…

CFTC Grants Kraken Relief for Derivatives Trading Platform

ExchangesAug 6

On July 24, the Commodity Futures and Trading Commission (CFTC) announced that it is granting a no-action relief to Small Exchange, which is owned by Kraken, regarding its Designated Contract Market procedures. This no-action letter will grant the platform more flexibility to restart its regulated derivatives trading. In a letter issued on July 24, CFTC staff granted temporary relief from dormant DCM rules for Small Exchange. Kraken’s parent company, Payward, had acquired Small Exchange in late 2025. However, it had been inactive for more than a year. Without this relief, it would have been dormant and had to go through…

Hoskinson Says Cardano Will Surpass Bitcoin, but Critics Aren’t Convinced

BitcoinAug 6

Cardano founder Charles Hoskinson has reignited debate across the crypto industry after declaring that Cardano could eventually surpass Bitcoin. In a recent commentary, Hoskinson argued that sustained investment and community support could help Cardano achieve the milestone of overtaking Bitcoin. In his view, continued ecosystem growth would strengthen Cardano’s long-term position in the digital asset market. This is not the first time Hoskinson has expressed such optimism. In April, he stated that he wanted to help Cardano win and potentially push $ADA to the top spot on CoinMarketCap. Although he did not explicitly mention Bitcoin at the time, achieving the…

Bolivia weighs adding Tether's USDT to its national payments system

RegulationAug 6

Bolivia is considering adding Tether's $USDT stablecoin to its national payments system, marking another step in the country's shift from banning crypto transactions to allowing regulated digital asset use. Economy Minister José Gabriel Espinoza said at a press conference on Monday that the government is evaluating whether $USDT could circulate alongside the boliviano, the country’s fiat currency, and the U.S. dollar. The proposal remains under technical review and the government has not published implementation rules or granted the stablecoin legal-tender status, local news outlet La Razón reported. Officials are developing a framework for banks, digital wallets and payment providers, according…

Evernorth Says XRP Could Become the Settlement Engine for Modern Markets, Bridging Crypto and Wall Street

AltcoinsAug 6

Evernorth Reveals Why $XRP Could Become the Settlement Backbone of Global Finance For years, one question has followed $XRP: What does it actually do? According to Evernorth, the answer has little to do with speculation or price action. The company argues that $XRP's real purpose is to serve as a settlement rail for modern finance, enabling institutions to move value across borders faster, more efficiently, and with greater transparency. Interestingly, Evernorth Chief Business Officer Sagar recently acknowledged that $XRP is designed for money movement, unlike Bitcoin, which is primarily viewed as a store of value. He described $XRP as infrastructure…

Massachusetts Senate targets crypto ATMs after $6.8M in losses

LegalAug 6

The Massachusetts Senate voted Thursday to prohibit crypto ATMs. It was attached to an omnibus economic development bill. The action comes as FBI figures show kiosk-scam losses statewide last year totaled ~$7 million. Consumer advocates and elderly residents say the unregulated machines have become a cash pipeline for scammers. Crypto ATM scams walk victims to the kiosk The machines look just like normal cash dispensers. Hundreds sit inside convenience stores, pharmacies and liquor stores across the state. Norfolk County Sheriff Patrick McDermott said it usually starts with a call or text, and then the victim is pressured into moving savings…

Stocks Just Topped Crypto on Hyperliquid. ARK Says That Changes Everything

ExchangesAug 6

In brief Real-world assets (RWAs)—tokenized versions of traditional financial instruments like company stocks, crude oil, and market indices traded as blockchain contracts—accounted for 54% of Hyperliquid's weekly trading volume during July 13–19, the first time non-crypto assets have dominated the exchange. ARK Invest's director of digital assets research Lorenzo Valente said Hyperliquid's $26 billion in RWA trading last week surpassed the combined crypto perpetual volume of every other decentralized exchange on earth. South Korean chipmaker SK Hynix—a direct rival to Samsung in AI memory production—drove most of the interest on Hyperliquid's third-party market platform. For the first time, traders on…

Strive CIO Warns Prolonged Bitcoin Weakness Could Trigger M&A Wave Among Crypto Treasury Firms

BitcoinAug 6

A sustained decline in Bitcoin’s price could set off a wave of mergers, acquisitions, or restructuring among Digital Asset Treasury (DAT) companies, according to Ben Workman, Chief Investment Officer at Strive. Speaking at the $BTC Prague event, Workman outlined how the aggressive debt-fueled strategies many firms adopted during last year’s crypto rally are now exposing them to significant financial risk. Debt-Fueled Bitcoin Purchases Create Vulnerability Workman explained that during the 2024 Bitcoin bull run, numerous treasury firms turned to convertible bonds and other debt instruments to raise capital for large-scale $BTC purchases. These strategies worked well as long as the…