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.

The systemic-risk debate over perpetual futures is aimed at the wrong target

LegalAug 4

Perpetual futures are entering regulated markets, and the objection to them is serious: retail-driven, high-leverage instruments will import systemic risk. But the critique is aimed at the wrong target. Systemic risk in a derivatives market is a property of the venue on which the perpetuals are traded, not the contract. The risk is set by venue choices: leverage caps, margin, funding design, default management. None inherent to a no-expiry contract. The concern isn't baseless. Crypto's sharpest deleveraging episodes — with the October 2025 cascade among the most recent — have many causes: macro shocks, stablecoin de-pegs, exchange outages, oracle failures,…

Bithumb Lists O Token on KRW Market, Expanding Altcoin Offerings for South Korean Traders

ExchangesAug 3

South Korea’s leading cryptocurrency exchange, Bithumb, has announced the addition of the O token to its Korean Won (KRW) trading market. The listing went live at 5:00 a.m. UTC today, providing local traders with direct fiat-to-crypto access to the asset. Listing Details and Market Context The O token, which powers a decentralized data validation protocol, is now available for trading against the KRW on Bithumb. This move follows a trend of South Korean exchanges expanding their altcoin offerings despite a cautious regulatory environment. Bithumb, one of the country’s largest platforms by volume, often serves as a bellwether for market sentiment…

Bitcoin price slips toward $65K as Fed jitters test key support

BitcoinAug 3

Bitcoin has retreated toward $65,000 ahead of the Federal Reserve’s policy decision as traders cut risk and reassess the outlook for interest rates under newly appointed Fed Chair Kevin Warsh. According to data from crypto.news, Bitcoin ($BTC) price fell from a June 16 high of near $67,200 to an intraday low around $65,236 on June 17 before stabilizing near $65,300 at press time. The pullback came as investors awaited the outcome of the Federal Reserve’s two-day policy meeting, with policymakers expected to keep rates unchanged at 3.50%–3.75% when the decision is released later today. Attention has instead shifted to the…

Orbs kicks off community vote to shape its DAO framework

DeFiAug 3

Decentralized layer 3 infrastructure project Orbs has introduced OIP-9, its first formal community governance proposal, seeking approval to establish the Orbs DAO and create the project’s initial decentralized governance framework. The proposal would enable holders of staked ORBS tokens to participate in Snapshot voting on selected protocol decisions, with the implementation handled through DAO-controlled multisig wallets. Initial governance responsibilities would include oversight of Proof-of-Stake infrastructure, Guardian management, protocol upgrades and new network-level deployments. According to Orbs, the framework is designed to support progressive decentralization by gradually expanding the DAO’s authority as the community gains governance experience. Areas such as treasury…

South Korea rate hike puts fresh pressure on crypto risk appetite

RegulationAug 3

South Korea has raised interest rates for the first time since January 2023, shifting monetary policy toward tighter conditions in one of the world’s most active retail crypto markets. The Bank of Korea raised its benchmark rate by 25 basis points from 2.50% to 2.75% on July 16. All seven members of the Monetary Policy Board supported the decision. The central bank also said further increases may be needed depending on inflation, growth and financial stability conditions. Bank of Korea shifts toward tighter monetary policy The rate increase was widely expected. A Reuters poll found that 36 of 37 economists…

Lite Strategy Funds $5.4M Buyback With Litecoin Sales And Covered Calls

AltcoinsAug 3

Lite Strategy has repurchased 4.9 million shares for $5.4 million, using Litecoin treasury activity and covered-call premiums to fund the buyback. The company said the repurchase represented 13% of shares outstanding, with an average price of $1.11 per share. The validated notes show Lite Strategy holding 819,070 $LTC against 31,882,648 shares outstanding after the transaction. The buyback funding mix is the interesting part. Lite Strategy said the capital came from treasury operations, with 11.87% funded by selling Litecoin and 1.13% funded by covered-call premiums. The stated goal is to increase the amount of Litecoin backing every remaining share of common…

How Andrew Tate's legal troubles could push CLARITY Act down Trump's priority list

LegalAug 3

With Democratic House Representative from Arizona, Yassamin Ansari beating a path to get Barron Trump to testify on ties with fellow crypto bros, Andrew and Tristan Tate, President Trump is expected to have as high a stake as the digital asset lobby in ensuring that the Republican Party comes out of the mid-term elections still holding its majority. As noted in previous Cryptopolitan reports, the crypto industry is working with an arbitrary deadline around the time Congress breaks in August and ramps up for November’s mid-term elections to get its signature market-structure bill (CLARITY Act) passed. Missing that deadline, which…

Coinbase Promotes 12-Year Veteran Rob Witoff to Chief Technology Officer

ExchangesAug 3

Coinbase, the largest U.S. cryptocurrency exchange by trading volume, has promoted Rob Witoff to chief technology officer, the company announced this week. Witoff, who previously served as head of platform, shared the news via a post on X, marking a significant leadership transition for the publicly traded crypto firm. From Engineer to CTO: A Decade of Growth Witoff originally joined Coinbase as an engineer in 2014, when the company was still a relatively small startup operating in a nascent industry. Over the past 12 years, he has held increasingly senior roles, most recently overseeing the company’s platform division, which includes…

What is a zero-knowledge proof? Privacy and scaling explained

BlockchainAug 3

A zero-knowledge proof lets one party prove to another that a statement is true without revealing any information beyond the truth of the statement itself. It is the cryptographic technique behind blockchain privacy, scalable rollups, and a growing number of identity verification systems. The standard explanation of zero-knowledge proofs uses the cave analogy. Ali Baba knows the secret word to open a door inside a circular cave. He can prove he knows the word by entering from one side and exiting from the other, on demand, without ever saying the word out loud. After enough successful demonstrations, the verifier becomes…

$42B Wiped as Volume Drops 25%

BitcoinAug 3

On June 17, 2026, bitcoin price today hovers near $65,051, a level that signals temporary stability rather than genuine recovery. With the Fear & Greed Index at 22, the broader crypto market continues to shed value as sellers maintain the upper hand. $BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Key takeaways Bitcoin trades at $65,051, below all three major daily EMAs, confirming a bearish trend across multiple timeframes. Daily RSI at 40.17 and MACD remain negative, though downside momentum shows early signs of deceleration. The Fear & Greed Index sits at 22 (“Extreme Fear”), with 24-hour trading volume…