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.
What is it? The “Uberization” of GPUs Cocoon (Confidential Compute Open Network) is a decentralized network for AI compute built on the $TON blockchain. But it’s not “just another hosting platform for neural nets.” It’s an attempt to create a global marketplace for compute power, one where trust in a corporation is replaced by trust in processor-level security and protocol rules. Is Cocoon the “anti-Amazon”? Modern IT lives under the rule of the “Big Three”: AWS, Google Cloud, and Azure. Their security model is based on delegated trust: you hand your data to a provider, relying on reputation and contracts.…
In a recent post on the X social media network, Ripple CTO Emeritus David Schwartz recalled that he had felt like an “investment genius” after famously selling a total of 40,000 $ETH when the leading cryptocurrency was trading at just $1.05. Schwarz was personally invited by Ethereum’s Buterin to take part in the launch of the red-hot altcoin. The architect behind the $XRP Ledger wanted to show some support for the project and handed over a total of 20 $BTC. This sum allowed Schwartz to buy the entire stash. Schwartz initially bought the 40,000 $ETH tokens at $0.311 and ended…
Bitfinex Securities said on Monday it will resume issuing tokenized bonds for Luxembourg-based securitization fund ALTERNATIVE, with future sales expected to exceed $10 million. The USDt-denominated bonds will be issued and settled on the Liquid Network, a Bitcoin sidechain, with fundraising, coupon payments and principal repayments executed fully onchain. The move follows four prior tokenized bond issuances since 2023 totaling $6.2 million, three of which have matured and been fully repaid, representing about $1 million in principal returned to investors. Across those offerings, investors received 20 onchain coupon payments worth more than $1.1 million by the completion of their first…
PARIS, March 2025 – The Financial Action Task Force (FATF) has issued a stark warning about stablecoin sanctions evasion and money laundering activities, revealing these digital assets now dominate illicit cryptocurrency transactions globally. According to the intergovernmental organization’s latest report, stablecoins accounted for approximately $51 billion in fraudulent and illegal on-chain activity during 2024 alone. This comprehensive analysis represents the most detailed examination to date of how sanctioned nations and criminal organizations exploit regulatory gaps in the rapidly evolving digital asset ecosystem. Stablecoin Sanctions Evasion Becomes Primary Illicit Tool The FATF report demonstrates a significant shift in cryptocurrency-based financial crime…
In a significant on-chain transaction reported on April 9, 2025, the team behind the prominent Pudgy Penguins non-fungible token ($NFT) project deposited a substantial sum of its native $PENGU tokens to a major cryptocurrency exchange. Specifically, blockchain analytics platform Onchain Lens identified a transfer of 450 million $PENGU tokens, valued at approximately $3.12 million, to Binance. Consequently, this move has ignited widespread discussion within the cryptocurrency community regarding treasury management strategies and potential market implications for the beloved $NFT brand. Analyzing the Pudgy Penguins Binance Deposit The reported deposit of $PENGU tokens to Binance represents a notable event in the…
Hong Kong is doubling down on its role as China’s financial bridge, signing a new agreement with Shanghai authorities to build cross-border blockchain rails for cargo trade and trade finance. The memorandum of understanding between the Hong Kong Monetary Authority, the Shanghai Data Bureau, and the National Technology Innovation Center for Blockchain, announced Monday afternoon in Hong Kong, formalizes plans to develop a shared digital platform linking trade data, electronic bills of lading, and financing systems. The MoU signals growing adoption of bitcoin in real-world plumbing, targeting $1.5 trillion in annual cargo finance where paper work and jams still cost…
$ETH is still trading in a clear downtrend, and the market is reacting fast to both macro risk and geopolitics. With the war in the Middle East adding extra uncertainty, Ethereum is sitting near the 1,800 area on the chart, right on a key demand zone where buyers have tried to defend multiple times. Ethereum Price Analysis: The Daily Chart The daily structure remains bearish inside a descending channel, and the price is still capped by the downtrend lines and the 100-day and 200-day moving averages overhead. Until $ETH reclaims the major $2,400 and $2,800 resistance levels, rallies look more…
Leading stablecoin issuer Tether has secured a sign-off from Deloitte for the first reserve report tied to its new U.S.-regulated stablecoin, after years struggling in its relationships with major accounting firms. Deloitte reviewed a report prepared by Anchorage Digital Bank, which issued the company’s new USAT token. In a letter released Monday, the accounting firm said Anchorage reported $17.6 million in reserve assets backing 17.5 million USAT tokens in circulation. The token’s market cap has, since the report, risen to nearly $20 million as its growth accelerates. The total market capitalization of the stablecoin sector has, in fact, been growing…
The White House’s crypto adviser pushed back on JPMorgan CEO Jamie Dimon’s assertion that stablecoin issuers who pay interest should be regulated like banks. Stablecoins need not be treated like deposits because the Genius Act explicitly bars issuers from lending the reserves that back their tokens, Patrick Witt, the executive director of the President’s Council of Advisors for Digital Assets, wrote in an X post. Dimon said banks want stablecoin issuers that pay interest on customer balances to face the same rules as traditional lenders, sharpening the debate over U.S. crypto regulation. He also addressed reported tensions with Coinbase CEO…
Table of Contents How Does It Work?Why Stablecoins for Telecom?Broader ContextSupported Networks at a Glance Bitget Wallet has integrated DT One’s global telecom infrastructure, letting users pay for mobile airtime (prepaid mobile credit) and data plans in more than 170 countries directly with stablecoins. The feature is live now and accessible through the wallet’s Pay hub. The tie-up is another step toward making self-custodial wallets useful beyond trading. For users who already hold stablecoins, it removes one practical hurdle: no need to convert funds to local fiat before topping up a phone. How Does It Work? Users can pay for…