Author: NBTC

The U.S. Treasury Department has released a draft regulation containing key rules for enforcing the $GENIUS Act, which regulates the stablecoin market. The proposed framework aims to clarify the conditions under which companies wishing to issue stablecoins in the U.S. will be required to obtain federal or state licenses, and the terms under which stablecoins issued abroad can be offered to U.S. users. The Notice of Proposed Rulemaking (NPRM) published by the Treasury Department outlines the details of implementing Section 3 of the $GENIUS Act and will collect public comments on the regulation for 60 days. According to the draft…

Pharos Network (PROS), a layer-one blockchain focused on real-world asset tokenization and artificial intelligence, has expanded its RealFi ecosystem with the addition of PGNGI+, a new on-chain product tied to global private infrastructure investments. The product, launched through on-chain asset protocol Asseto Finance, represents the first offering of its kind within the Pharos ecosystem, giving token holders exposure to income rights from large-scale infrastructure projects worldwide. Bridging traditional infrastructure with decentralized finance PGNGI+ is built around interests related to next-generation infrastructure funds managed by Partners Group, a global private markets firm with over $140 billion in assets under management. The…

In brief Bitcoin trades at $64,938, up 1.06% on the day, but stuck below iboth the short-term and long-term moving averages. The U.S. economy shed 23,000 jobs in July, missing the 95,000 gain economists expected; CME FedWatch cut September hike odds to 40% from 55%. The short-term outlook remains bearish, but dwindling rate-hike odds may give investors hope. The U.S. labor market cracked harder than anyone expected. Employers cut 23,000 jobs in July—the first net loss since the pandemic-era recovery, and a sharp miss against the 95,000 gain economists had penciled in. The unemployment rate ticked down to 4.1% only…

DV Labs’ planned Aug. 15 Aztec exit was still incomplete by 2 a.m. UTC on Aug. 16: seven DV Labs-listed attesters remained in the on-chain VALIDATING state with 1.386 million $AZTEC in effective stake. The infrastructure operator announced the wind-down on July 16 and asked delegators to begin exiting by Aug. 5. DV Labs said late delegators would be penalized, but the available evidence does not identify a mechanism for that penalty or show that missing Aug. 5 caused a principal loss or any observed balance reduction. Aztec’s staking dashboard provider feed still attributed 16 delegations and 3.2 million $AZTEC…

In the U.S., the personal consumption expenditures (PCE) price index showed a limited decline in June, but inflation remained above the Fed’s 2% target. The strong recovery in consumer spending in the second quarter indicated that the U.S. economy remains resilient despite high interest rates and rising energy prices. According to data released by the U.S. Commerce Department, consumer spending, one of the economy’s most important drivers of growth, increased by 3.2 percent on an annualized basis in the second quarter of the year. Spending had grown by only 0.5 percent in the first quarter. Core PCE inflation fell from…

Crypto expert Dr Altcoin has alleged that Pi Network is facing a supply crisis tied to a wave of token unlocks scheduled for the second half of 2026. According to the post, pioneers who locked their Pi for three years are now seeing large amounts of that supply released. Roughly 775.8 million Pi tokens are set to unlock between now and December 2026. That works out to an average of 129.3 million Pi tokens unlocked each month now. Dr Altcoin argued that a significant portion of this unlocked supply is likely to reach exchanges, adding further selling pressure to the…

Zero Regulatory Approval or Registration The Malta Financial Services Authority (MFSA) has issued a warning concerning Distributex, an unauthorized cryptocurrency marketing entity accused of holding recruitment drives and operating physical offices across Malta without legal authorization or corporate registration. The entity — operating under various names including Distributex Limited and DX — maintains a digital footprint through its website and a mobile application available on the Apple App Store. Beyond its online presence, the group has established a physical footprint in Malta, conducting activities out of offices in Birkirkara, Hamrun, Mosta and Hal Tarxien, while inviting members of the public…

Riot Platforms, one of the largest Bitcoin mining companies in the United States, sold 9,665 $BTC during the first half of 2025 at an average price of $75,785, according to on-chain data from Lookonchain. The sales generated approximately $732 million in proceeds, reflecting the company’s strategy of liquidating mined Bitcoin to fund operations and growth. In a separate transaction, Arkham data shows that Riot deposited 200 $BTC, valued at roughly $12.86 million, with New York Digital Investment Group (NYDIG), a prominent crypto lender, about 11 hours ago. This move suggests Riot is utilizing its Bitcoin holdings as collateral for financing,…

In a recent interview on the YouTube channel Crypto Insider, Pump.fun co-founder Noah Tweedale made waves by openly stating that he does not genuinely believe in decentralization. According to a report from Wu Blockchain, Tweedale argued that most users care more about a smooth user experience than the underlying architecture of a blockchain network. Context: A Shift in Crypto Priorities? Tweedale’s comments reflect a growing pragmatic trend among crypto builders who prioritize onboarding and usability over ideological purity. He pointed to Solana’s relative centralization as a practical advantage, noting that it allows for faster transactions and lower fees, which directly…

Michael Saylor posted a cringeworthy Q2 earnings call video this week, prompting an avalanche of criticism from Bitcoiners who are getting increasingly sick of Strategy selling bitcoin ($BTC). The AI-powered clip, created by “truth seeker maximalist” Alexes Nakamoto, features Strategy shareholders, including Head of Bitcoin Chatanya Jain, Chief Financial Officer Andrew Kang, and CEO Phong Le, dancing along to a rap “delivered” by Saylor in a bizarre semi-British accent. The clip didn’t go down well with a community that’s growing increasingly frustrated at Strategy’s $BTC sell-off, which has seen it shed 5,258 $BTC (~$320 million) so far this year. Our…