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.

How Did the Community Keep the "Dead" Terra Classic Blockchain Alive?

AltcoinsAug 4

A community of validators and holders kept the Terra Classic blockchain running after its 2022 collapse by voting in an on-chain burn tax that automatically destroys a slice of $LUNC on every transaction. That single governance decision, combined with voluntary exchange burns led by Binance, has removed hundreds of billions of tokens from circulation and kept the chain active more than four years after most observers wrote it off. Terra Classic ($LUNC) is what remains of the original Terra blockchain after the TerraUSD (UST) stablecoin lost its dollar peg in May 2022. That collapse wiped out tens of billions of…

Singapore Tightens Crypto Oversight for Banks Ahead of Basel Rules

LegalAug 4

Singapore is increasing oversight of banks with cryptocurrency exposure as regulators prepare for stricter global banking standards. The Monetary Authority of Singapore (MAS) has instructed locally incorporated banks to disclose their crypto holdings and engage with the regulator on risk treatment before new prudential rules take effect. Although MAS postponed the Basel-aligned framework until January 1, 2027, or later, the regulator wants institutions to strengthen reporting systems and improve risk management without waiting for the final rules. BREAKING: SINGAPORE REGULATOR REQUESTS BANKS TO REPORT THEIR CRYPTOS. 👀 Monetary Authority of Singapore (MAS) said banks must: 🔸 Inventory all cryptos; deadline…

Coinbase Opens 'Launches' Tab for New Base, Solana Tokens

ExchangesAug 4

Coinbase said its new "Launches" tab is now available, letting users find and trade tokens on Base and Solana as soon as they go live onchain, according to a post from the exchange's official X account published Monday. The tab sits inside Coinbase's built-in decentralized exchange (DEX), which routes trades to onchain liquidity rather than requiring a token to be formally listed on the centralized exchange. Coinbase's DEX product page says users can trade "the most popular and trending tokens on Base and Solana moments after their launch," with access to "key data and risk signals on all tokens." Coinbase…

Wintermute Says Bitcoin's Rally Faces Another Trap Unless ETF Demand Returns

BitcoinAug 4

Wintermute Sees No Confirmed Bottom Despite Bitcoin Rebound Bitcoin found some relief this week, but Wintermute says the recovery is still fragile. In its latest weekly market update, the crypto market maker said two macro developments helped lift risk assets. U.S. consumer inflation for May came in at 4.2% year over year, the third straight monthly acceleration and the highest reading since 2023. Yet the figure matched expectations, which was enough to calm investors who had feared a hotter print. Core inflation offered a better signal, easing to 2.9%. Wintermute said that suggests the latest price pressure may be driven…

How Morgan Stanley plans to bring crypto custody, staking and lending support in-house

RegulationAug 4

In June, Morgan Stanley received preliminary conditional approval from the Office of the Comptroller of the Currency to establish a national trust bank for digital assets. The OCC decision opened a path for Morgan Stanley Digital Trust to bring custody, transaction administration, fiduciary staking, and collateral support inside the firm. The proposed subsidiary would serve Morgan Stanley Wealth Management clients. Its public application presents it as a wholly owned national trust bank, giving the firm a regulated vehicle for functions that separate specialist providers have often handled. The OCC's application record classifies the filing as a new bank charter under…

Crypto trader turns $875 into $797,000 in two days

AltcoinsAug 4

Starting on July 30, one cryptocurrency trader managed a maneuver many involved with digital assets hope they’ll execute during their careers by multiplying an $875 investment into roughly $797,000 in profit. Specifically, an anonymous actor identified as 0xd2abcef40a51c779c2a890dd40f041ab995ed3af on DeBank began purchasing MarsCoin (MARSCOIN) – not to be confused with Marscoin (MARS) – on the penultimate day of the month shortly before an explosive rally. Indeed, the investor spent $875 to buy just under 27 million MARS on July 30 and then sold slightly more than half – 15.87 million – for $314,000 after the subsequent upsurge began. Together with…

Steps Need to Be Taken Today

LegalAug 4

Crypto journalist Eleanor Terrett reported that the likelihood of the US Senate voting on the CLARITY Act, which aims to create a regulatory framework for the cryptocurrency market, before the summer recess in August is slim. Expectations are diminishing that Senate Majority Leader John Thune will introduce a “cloture” motion this week to end debate on the bill and initiate the voting process. According to Senate procedures, Thune needs to file a cloture today on a motion to place the bill on the agenda so that a vote can be held on Thursday. However, sources close to the process say…

Who actually runs Hyperliquid? The governance audit

ExchangesAug 4

A venue clearing more than $200 billion a month, holding roughly 70% of on-chain perpetuals volume, is secured by 27 validators. Its foundation ran every one of them at launch. Both the critics and the defenders are working from stale numbers, so here is the audit: what the set looks like now, which powers actually exist, and where the honest gap remains. The most valuable thing about a decentralization argument is usually the data it forces into the open, and the Hyperliquid version has been running on stale data for eighteen months. In January 2025 a node operator published a…

Onchain Data Locks In Satoshi's 1.1M BTC Hoard — 3 Theories on Why It Never Moves

BitcoinAug 4

What the Numbers Show The estimate places Satoshi‘s holdings at approximately 1.09 million to 1.1 million $BTC, representing about 5.47% of bitcoin’s fixed 21 million supply cap. The coins are distributed across an estimated 22,000 distinct wallet addresses, each holding exactly 50 $BTC from early block rewards. Satoshi Nakamoto’s bitcoin hoard tracked by Arkham Intelligence’s blockchain explorer. Image source: arkm.com on June 16, 2026. No address in this cluster has recorded an outbound transaction in over 15 years, according to onchain data reviewed by analysts at Arkham Intelligence and other independent blockchain researchers. The Patoshi Pattern The holdings were not…

Coinbase's Jesse Pollak steps back from Base app leadership after admitting his crypto social strategy failed

RegulationAug 4

Coinbase’s Jesse Pollak said he is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy failed to drive crypto adoption as he had expected. The Base creator said he had spent the last two years betting that builders and onchain-native social experiences, including Farcaster, Zora, mini apps and creator coins, would fuel crypto's next growth wave. But in a post on X on Wednesday, he said while developers did spur adoption through products like stablecoins, prediction markets and perpetual futures, social applications "disintegrated completely." "I was definitively wrong," Pollak wrote, adding that…