Author: NBTC

GameSquare Holdings reported stronger second-quarter operations alongside a $7.83 million crypto-linked accounting loss. The gaming and creator-economy company ended June with $2.1 million in cash and $12.1 million of current promissory notes payable, making the availability of GameSquare crypto holdings central to the liquidity picture. The company’s Aug. 12 earnings exhibit listed 15,080.51 $ETH at June 30 and a rounded $25.9 million aggregate across $ETH, altcoin investments, and cash. Restricted cash of $2.36 million appeared separately. The combined pool had more reported value than the note principal, with most of that pool held in digital assets whose June pledge status…

Pump.fun transferred another 81,712 $SOL, worth roughly $6.15 million, to crypto exchange Kraken on July 18, 2026, according to on-chain analyst EmberCN. On its own, the move is just another wallet transfer. But in the context of slowing memecoin activity and weakening Solana network revenue, it offers another glimpse into how one of crypto’s biggest success stories is changing. Amidst the memecoin trend, Pump.fun emerged as one of the most popular apps on Solana, turning over millions in fees as users created and traded tokens. As trading opportunity slows down, however, the application continues to convert part of its revenue…

The FTX Recovery Trust, which is pursuing assets for the bankrupt exchange’s creditors, can keep trying to recover at least $1.76 billion that FTX alleges it transferred to Binance parties in a 2021 share repurchase. A July 24 ruling by U.S. Bankruptcy Judge Karen B. Owens preserved the core clawback claims against four Binance entities and Changpeng Zhao while dismissing separate claims tied to FTX’s collapse. The decision lets the case continue but does not establish liability or award money to the estate. According to the complaint, seven agreements executed July 15, 2021, repurchased Binance’s roughly 20% stake in FTX…

Bitcoin [$BTC] has extended its decline, with the asset struggling once again to clear the $65,000 psychological threshold after another failed run at the level. Even as some optimism builds around the prospect of Bitcoin gearing up for a much broader rally, analyst Joao Wedson has warned that the risk of a deeper decline remains firmly in place. Wedson pointed to the liquidation levels below $57,000 as a major concern, arguing the unliquidated longs stacked there could trigger a massive liquidation event and force Bitcoin lower. Source: alphractal He noted a similar pattern in 2022, when the price plunged one…

Ethereum’s post-quantum migration could create a problem for regulated banks years before any quantum computer poses a real threat to validator keys. Thomas Brunner, Sygnum Bank’s Head of Custody and Staking, thinks differently about quantum risk in crypto than most people do. Ethereum’s Post-Quantum team says layer-1 upgrades could be completed by 2029, though it stresses there is no fixed date and the roadmap can still shift. The plan starts with a post-quantum validator-key registry before eventually replacing today’s BLS validator signatures with hash-based alternatives such as leanXMSS. Ethereum shows why bank backups become the danger BLS is the signature…

Real estate services company La Rosa Holdings put $8.14 million of digital assets on its March 31 balance sheet in a delayed first-quarter filing. How much could it actually use? The filing leaves that figure blank. Cash stood at $1.74 million, total liabilities at $28.34 million, and the stockholders’ deficit at $7.5 million. Most of the balance was $USDC and Frax USD in a restricted BitGo custodial account. Withdrawals, transfers, and other uses depend on compliance with La Rosa’s financing agreements. The company records the tokens at historical cost less impairment, recognizing gains above carrying value only when it sells…

A newly published thesis has outlined a long-term vision for $ANSEM, presenting the token as an attempt to combine creator-driven communities with the speculative dynamics that have historically fueled memecoin markets. The proposal argues that creator tokens could represent a new segment of the digital asset industry by linking a creator’s audience, community participation, and onchain activity under a single token model. According to the thesis, the broader goal extends beyond a regular memecoin launch, positioning $ANSEM as part of what it describes as a future “Tokenized Creator Economy,” a sector it estimates could reach $2 trillion by 2035. The…

Dubai-based cryptocurrency exchange Shelbit has been implicated in helping evade sanctions on Iran through its ties to a vast illegal gambling network, according to a Reuters investigation cited by CoinDesk. The exchange, founded by an Iranian-born entrepreneur, reportedly served as a core financial conduit for the network, which spans over 2,000 platforms. On-Chain Evidence and Exchange Response On-chain analysis revealed that Shelbit transferred hundreds of millions of dollars to major exchanges, including Binance. Binance, however, stated that Shelbit does not hold an account on its platform. The exchange said it had frozen any related accounts and reported them to law…

The BIP-110 chain split from Bitcoin after mandatory signaling began at block 961632 on Aug. 8. Nodes enforcing BIP-110 began rejecting blocks that did not signal support for the proposal, while the dominant Bitcoin chain continued operating under its existing consensus rules. Roughnecks, using Ocean’s DATUM system, mined BIP-110 blocks 961632 and 961633, but the minority chain then stalled as Bitcoin continued producing blocks normally. Bitcoin’s Difficulty Leaves the Minority Chain Stranded The problem facing the BIP-110 chain is straightforward: it inherited Bitcoin’s roughly 127.48 trillion mining difficulty while attracting only a tiny fraction of Bitcoin’s SHA-256d hashpower. Essentially, Bitcoin’s…

Bit Digital funded the majority-owned AI infrastructure company WhiteFiber without selling Ethereum or issuing new shares, but the route added a new dependency to its crypto treasury. Galaxy Digital lent Bit Digital $50 million in a borrowing associated with 49,000 pledged LsETH, and Bit Digital separately became a lender to WhiteFiber. The company said in its second-quarter results that it converted 73,235 $ETH into 66,192 LsETH, the liquid-staking token it received in the exchange. It reported the pledged 49,000 LsETH as a $105.6 million digital-asset collateral receivable and retained 17,192 LsETH, worth $27.6 million, as a buffer against margin requirements.…