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.

ENS Labs Scales Back Treasury Proposal After Delegate Pushback

AltcoinsAug 3

$ENS Labs has revised a governance proposal after delegate criticism over treasury control, choosing to keep the DAO’s primary operational wallet custody in place rather than moving broader control to the Foundation. According to the validated notes, the revised plan scraps the more contentious transfer of the DAO’s operational wallet, which includes ETH and stablecoins. The DAO retains custody, while only the $65 million Endowment Safe is set to transition to the Foundation, subject to a timelock and Security Council cancellation rights. The DAO’s 54.6 million $ENS tokens remain with tokenholders, while the Foundation would receive a 1 million $ENS…

Trump promised to save crypto, but his personal business might kill its landmark CLARITY law

LegalAug 3

Senate negotiators on the CLARITY Act have run into a condition several Democrats are treating as essential: they want ethics language limiting how much senior officials, including the president and vice president, can profit from digital asset ventures. That condition traces back to a warning crypto figures made before the 2024 election, when they argued that tying the industry too closely to a political figure could turn market structure legislation into a partisan fight. The CLARITY Act, the market structure bill the industry has wanted for years, is now testing whether that warning held up. Republicans added ethics restrictions to…

KRW, BTC, and USDT Trading Pairs Go Live July 28

ExchangesAug 3

South Korean cryptocurrency exchange Upbit has announced it will list $RLUSD, a digital asset, for trading against the Korean won (KRW), Bitcoin ($BTC), and Tether ($USDT). The new trading pairs are scheduled to go live at 5:00 a.m. UTC on July 28. What the Listing Means for Traders Upbit is one of the largest and most influential cryptocurrency exchanges in South Korea, a market known for its high retail participation and premium pricing on digital assets. A listing on Upbit often leads to increased liquidity, price discovery, and broader exposure for a token. By offering $RLUSD against three separate trading…

Why 110 corporate blockchains are headed for a massive shakeout – and Coinbase’s secret plan to absorb them

BlockchainAug 3

Corporate blockchains are multiplying, but Coinbase CEO Brian Armstrong expects the boom to end in consolidation rather than coexistence. Over the past year, several corporate institutions and Wall Street giants, including Stripe, Circle, and Robinhood, have developed rails for stablecoins and institutional markets. Their expansion has revived concern that regulated companies with established distribution could draw financial activity away from the permissionless networks that powered crypto’s growth. However, Armstrong views the proliferation differently, as he expects the new launches to fragment liquidity and users before network effects force weaker platforms to combine or retreat. Corporate chains are already finding users…

Bitcoin’s Iran rally enters a 60-day test as oil shock fears shift to the Fed

BitcoinAug 3

Iran's foreign minister said negotiations with the US will begin the same day both countries sign a memorandum of understanding, with a 60-day window afterward to resolve the nuclear issue and secure sanctions relief. Bitcoin reacted to the framework itself, a memorandum signed before any of its harder terms were settled. Brent crude fell about 5% to $78.96, and WTI settled at $76.05, both near three-month lows, as traders priced in the reopening of the Strait of Hormuz and renewed Iranian oil exports. The Strait of Hormuz carried about 20% of global oil and petroleum product consumption and more than…

Alpaca raises $135M to fund tokenized agent-first infrastructure

RegulationAug 3

Brokerage infrastructure provider Alpaca said Thursday that it raised $135 million in a funding round led by Peak XV, along with as much as $300 million in debt financing from Kraken parent Payward and BMO. A January Series D round pulled in $150 million that brought the fintech’s value to $1.15 billion, according to the statement. Earlier investors include the venture capital arm of BNP Paribas. Alpaca said it will use the new financing to accelerate its agent-first brokerage and API-first prime brokerage infrastructure. “As tokenization reshapes access to global markets and AI accelerates the creation of new financial applications…

-2.3 Billion SHIB Burned in 24 Hours as Shiba Inu Enters Smooth Acceleration Period

AltcoinsAug 3

After several days of high activity, on-chain data indicates that Shiba Inu's exchange flow dynamics have changed once more, with netflows returning to almost neutral territory. After last week's dramatic fluctuations, the most recent metrics show a net exchange flow of roughly -2.31 billion $SHIB over the previous 24 hours, indicating that inflows and outflows are now mostly balanced. A negative netflow indicates that slightly more tokens are leaving exchanges than are entering. Shiba Inu moving between exchanges In comparison to the trillions of $SHIB that frequently shift between exchanges during times of increased volatility, a figure of -2.3 billion…

BitMEX and BitMart may be first casualties of crypto trading slump

ExchangesAug 3

"We are going to see a lot more of these closures announcements. I think the only exchanges that will survive are those not dependent on retail trading to be successful. In the short term, I don't see a return for retail trading in the numbers we used to see in 2021." Trading volume falling Crypto’s centralized exchanges are experiencing their quietest stretch in over two years., Spot trading volume across major centralized venues fell to $1.05 trillion by April 2026, its lowest monthly total in 25 months, according to the CoinDesk Data Exchange Review. For context, that represents a steep…

UBS and Euroclear Collaborate with Chainlink to Tackle $58B Issue

BlockchainAug 3

UBS and Euroclear are teaming up with Chainlink to tackle an annual $58 billion problem in financial markets. This collaboration aims to address the inefficiencies in corporate actions processing, a critical pain point for many institutions. Chainlink’s involvement is significant as it provides a decentralized oracle network that could streamline these processes. The implications for market participants are considerable, as improved efficiency could enhance trust and reduce costs in financial transactions. Inside the Move The broader crypto market is currently exhibiting mixed signals, reflecting varied momentum across major assets. Chainlink’s recent partnership with UBS and Euroclear highlights a growing trend…

Michael Saylor Reveals When Bitcoin Price Might Start Rallying Again

BitcoinAug 3

Bitcoin has struggled to pull-up in recent weeks, even as institutional adoption continues to grow. While many investors are looking for reasons behind the slowdown, MicroStrategy Executive Chairman Michael Saylor points to an unexpected factor: artificial intelligence. Speaking with Natalie Brunell, Saylor argued that the current wave of AI investment is temporarily pulling capital away from Bitcoin. However, he expects that trend to reverse before the end of the year. The ‘AI Summer’ Effect According to Saylor, Wall Street is currently focused on a series of massive AI-related fundraising rounds. He highlighted companies such as OpenAI, Anthropic, Google, Meta, and…