Author: 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.

Shares of Enhanced Group (ENHA), the company behind the Peter Thiel-backed Enhanced Games, fell by as much as half on Tuesday after a six-hour Las Vegas debut produced only one unofficial world record. The startup went public this month at a $1.2 billion valuation and has now shed hundreds of millions in market value over the past three weeks. Enhanced Games (ENHA) Stock Performance. Source: TradingView Vegas Debut Delivers One Record The Enhanced Games held a single-night competition on May 24 at Resorts World Las Vegas, paying out a $25 million purse. Roughly 42 athletes competed, with the company’s own…

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Neo Global Development has opened a one-month registration window, June 8 to July 8, for users still holding unmigrated Neo Legacy $NEO and $GAS to submit their details and verify ownership. Verified holders will then be guided through an off-chain conversion that reissues an equivalent amount of $NEO and $GAS on the Neo X chain. The initiative delivers on the recovery process Neo promised when Neo Legacy MainNet shut down in October 2025. The official Neo Legacy to Neo N3 migration portal was available for more than four years before it officially closed on Oct. 31, 2025. During that shutdown,…

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U.S. Senator Bernie Sanders has renewed his criticism of the crypto industry, placing digital asset groups alongside other well-funded political interests during a campaign event supporting Minnesota Lieutenant Governor Peggy Flanagan’s Senate bid. In a July 21 post on X, Sanders wrote, “Together, we are going to take on crypto, the AI industry, AIPAC and other billionaire super PACs.” He added that the campaign aimed to send Flanagan to the U.S. Senate. The comments focused on political spending and industry influence rather than cryptocurrency prices or blockchain technology. Meanwhile, Sanders made the remarks while campaigning with Flanagan in Minneapolis. His…

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Mirae Asset Group has increased its planned stake in cryptocurrency exchange Korbit to 97.15%, up from the previously announced 92.06%, according to a revised regulatory filing. The move signals a deeper commitment to the South Korean digital asset market by one of the country’s largest financial groups. Revised Filing Details Mirae Asset Consulting, a subsidiary of Mirae Asset Group, submitted the amended filing on July 21. The company now intends to acquire a 91.7% stake in Korbit on July 22, followed by an additional 5.42% in stages on July 24. The initial plan had targeted a 92.06% stake. The increase…

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Bitcoin continues to test investors’ nerves. While the price of the leading cryptocurrency slides toward local lows in the $62,400–$63,600 area, testing the important 200-week moving average, a powerful countertrend move is forming in the derivatives market. According to a fresh report from Glassnode, large players on the decentralized exchange Hyperliquid have launched a large-scale campaign to buy the dip. While the $BTC price chart continues to revisit local lows, the net volume of long positions on Hyperliquid, on the contrary, is steadily growing and has reached yearly highs. The main attraction of the week lies in the phenomenal stubbornness…

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Tensor HQ recently made a notable announcement on Twitter, declaring that NFTs are forever. This statement has resonated with the community, evidenced by the tweet accumulating 82 likes and 23 retweets. The engagement highlights a growing interest in the $NFT space, particularly within the Tensor HQ community. The Story So Far The broader crypto market is currently showing mixed signals, which reflects varied momentum across major assets. In this context, Tensor HQ’s tweet about NFTs being eternal has sparked a surge of interest and engagement from its followers. This tweet aligns with ongoing conversations about the resilience of digital assets…

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Solana’s official X account posted a redesigned image of Ferrari’s new Luce EV in the blockchain’s signature purple-to-teal gradient, captioning it “Fixed it.” The post landed hours after Ferrari unveiled the Luce in Rome as RACE stock fell more than 6% on the day. The fix was aesthetic rather than mechanical. Solana rebranded the car in its own colors, a playful flex that positioned the protocol as a cultural presence alongside one of the world’s most recognizable car brands. Ferrari’s $640,000 Electric Debut Falls Flat With Investors Ferrari unveiled the Luce, Italian for light, in Rome on May 25. The…

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BitMEX co-founder Arthur Hayes has publicly denied purchasing the $HYPE token, pushing back against an on-chain analytics report that suggested otherwise. The denial, posted on X (formerly Twitter), came shortly after Onchain Lens reported that Hayes had withdrawn 33,979 $HYPE — worth approximately $2.09 million — from the exchange Bybit. What Happened: The On-Chain Report and the Denial On March 25, 2025, blockchain analytics platform Onchain Lens published a post stating that a wallet linked to Arthur Hayes had withdrawn a significant amount of $HYPE tokens from Bybit. The report quickly circulated across crypto social media, prompting speculation about Hayes’…

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The Income Tax Return (ITR) filing deadline in India is coming closer, with investors having little room for mistakes. Before filing your ITR, you have to pay extra attention to how to report your digital asset transactions. Although India now has comprehensive crypto tax regulations, many investors are still unaware of these rules. Whether you have traded Bitcoin, participated in an airdrop, or bought an $NFT, you have to stay compliant with India’s crypto tax rules. Understanding India’s Crypto Tax Rules and ITR Filing In 2022, the Indian government introduced crypto tax rules, including cryptocurrencies and other virtual assets (VDAs)…

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Global cryptocurrency exchange MEXC has published its July proof-of-reserves report, audited by blockchain security firm Hacken, revealing a notable increase in its Bitcoin reserve ratio. The report shows MEXC’s $BTC reserve ratio reached 281%, up 12 percentage points from 269% in June. Key Findings from the July Report According to the audit, MEXC maintains reserve ratios well above 100% for all major assets. The $USDT reserve ratio stands at 119%, $USDC at 115%, and $ETH at 114%. These figures indicate that the exchange holds significantly more assets in reserve than customer liabilities, a standard practice for demonstrating solvency and transparency…

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