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.

SharpLink Earns 420 ETH in Staking Rewards, Treasury Now Holds 888,521 ETH

EthereumJul 31

Nasdaq-listed SharpLink (SBET), a company known for its substantial Ethereum treasury, announced on its official X account that it earned 420 $ETH in staking rewards this week. The company now holds a total of 888,521 $ETH, reinforcing its position as one of the publicly traded firms with significant exposure to the cryptocurrency. Staking Rewards and Treasury Growth The 420 $ETH earned this week represents a consistent yield from SharpLink’s staked Ethereum holdings. Staking involves locking up $ETH to help secure the network, with validators earning rewards in return. For corporate treasuries like SharpLink’s, this provides a way to generate passive…

Stablecoin Infrastructure Firm Cordant Raises $8M in Seed Round

RegulationJul 31

Cordant, a company building financial infrastructure for stablecoins and digital assets, has raised $8 million in a seed funding round. The investment was led by a consortium of venture capital firms, including BanklessVC, FJ Labs, SignalFire, Kuona, NextStage, Celer Ventures, FlatironX, Nascent Ventures, SilverCircle Ventures, and Generative Ventures. What Cordant Does Cordant develops backend technology designed to help financial institutions and fintech companies integrate stablecoins and other digital assets into their operations. The company’s platform focuses on compliance, settlement, and liquidity management — areas that remain challenging for traditional finance entering the digital asset space. The firm has not disclosed…

BONK price struggles despite PartyBet deal and BONKUJI relaunch

AltcoinsJul 31

$BONK coin price is down 11% in a week despite new PartyBet and BONKUJI developments. BONKUJI has relaunched with a 90% card-value buyback feature. Traders should closely watch the support at $0.00000470. Despite ranking as the most trending cryptocurrency on various platforms, the price of $BONK coin has been on a rather bearish trend. The $BONK memecoin has struggled to gain momentum even as the project continues to expand its ecosystem through new products and partnerships. While recent developments, including a sports prediction and casino gaming partnership with PartyBet and updates to the BONKUJI platform, have generated attention within the…

Ethereum Foundation names pcaversaccio to board amid leadership changes

EthereumJul 31

The Ethereum Foundation (EF) has appointed longtime ecosystem contributor pcaversaccio (known as "pc") to its board, expanding the group's leadership as it continues to refine the governance of the organization behind the world's second-largest blockchain. pc, a security researcher and co-founder of the emergency response initiative SEAL 911, joins the board for an initial one-year voluntary term. He has also served on the EF's Silviculture Society, an advisory group that provides informal guidance on preserving the foundation's core principles, including censorship resistance, open source development, privacy and security. The appointment brings the Ethereum Foundation's board to four members: President Aya…

BIS warns stablecoins could weaken capital controls in emerging markets

RegulationJul 31

Researchers at the Bank for International Settlements (BIS) found that dollar-backed stablecoins are creating a new form of “digital dollarization” that appears largely unaffected by capital controls, particularly in emerging markets. The new study suggests governments may have less ability to curb stablecoin adoption than traditional foreign-currency bank deposits. BIS researchers analyzed foreign-currency deposits and dollar-pegged stablecoin inflows across more than 130 economies, finding that both tend to increase during periods of macroeconomic stress. Unlike traditional bank deposits, however, stablecoin flows showed little response to capital controls or other FX restrictions. The authors said this likely occurs because “stablecoins are…

NEAR Protocol Enhances 1Click Swap API with Confidential Intents

BlockchainJul 31

$NEAR Protocol has launched Confidential Intents, a feature that allows existing partners to enhance their 1Click Swap API integrations without needing new infrastructure. This update, announced via a tweet from the $NEAR Protocol handle, aims to simplify the onboarding process for new teams, enabling them to quickly turn on the feature from the start. You can follow the announcement here. What Happened The broader crypto market is currently exhibiting mixed signals, which adds an interesting layer to $NEAR Protocol’s announcement. With the introduction of Confidential Intents, existing integration partners can now utilize the same API, enhancing their functionality without the…

Saylor’s Bitcoin Money Machine Has a New Problem, and Its Name Is STRC

BitcoinJul 31

Michael Saylor turned Strategy into the largest corporate Bitcoin holder on earth by mastering one trick: raising money on Wall Street to buy $BTC. A key piece of that machine is a security called STRC, engineered to trade steadily near $100. This week it broke, hitting a record low, and it has put a spotlight on the financial engineering behind Saylor’s Bitcoin empire. Strategy’s STRC, a variable-rate preferred stock designed to hover near $100, instead flirted with a fresh intraday low this week, printing levels well below its target (Bitcoin price on CoinGecko). For a security built specifically to stay…

Whales Want Ethereum (ETH) Above $2,000 Now: Binance Withdrawals Spike

EthereumJul 31

Even though the market is trading below the crucial $2,000 threshold, Ethereum whales are still demonstrating confidence. Recent on-chain data indicates that wallet 0x2d59 took 40,000 $ETH, roughly $76.6 million, out of Binance in two different transactions. It was one of the biggest exchange outflows of the day, with a 30,000 $ETH withdrawal and another 10,000 $ETH shortly after. Large withdrawals from centralized exchanges are typically seen as a positive indication. Important momentum change Coins leaving exchanges usually signify that investors plan to hold their assets in private wallets or deploy them elsewhere in decentralized finance rather than sell them…

70% of Traders Back AI Crypto Portfolio Management Without Human Review

RegulationJul 31

Seven out of ten crypto traders are willing to hand over full control of their portfolios to an AI — no human double-checking every move. That finding, drawn from a survey of roughly 1,400 traders, reframes what most people assume about AI crypto portfolio management: it’s not a niche experiment embraced by tech enthusiasts. It’s already close to the market mainstream. Key takeaways 70% of surveyed traders said they’d be comfortable with AI managing their portfolio autonomously, either with full control or within self-set risk limits. Gen Z (38%) and Millennials (37%) are more than three times as likely as…

Why Ondo Abandoned Its Blockchain to Build an Execution Network Instead

BlockchainJul 31

Crypto has spent years competing to build faster blockchains. Ondo Finance thinks the next battle won't be about building another chain at all. Instead, it will be about execution. According to reporting by The Block, Ondo Finance has unveiled the Ondo Network, a new execution layer designed to deliver centralized exchange (CEX)-like trading speeds while preserving self-custody and onchain settlement. The launch marks a strategic shift away from Ondo Chain, as the company concludes that execution—not settlement—is now the biggest bottleneck preventing onchain markets from competing with traditional exchanges. "I'd frame it more as an evolution, but we will not…