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.
Over three weeks, a Bitcoin address took in more than 6,494 $BTC and moved its full confirmed balance, with nearly all of the traced coins traveling through transactions that also paid a wallet historically attributed to Binance. The flow was worth roughly $423 million, placing a substantial block of $BTC within reach of exchange infrastructure. The ledger cannot identify a single owner, distinguish a customer deposit from Binance’s own wallet staging, or reveal trades executed inside the venue. Lookonchain surfaced the address early Sunday and described its owner as a mysterious whale that was possibly a miner. The transaction history…
Decentralized finance (DeFi) protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspecified circumstances affected protocol reserves, leaving the cause and scale of any potential impairment unclear. On Thursday, Neutrl said it had also paused other protocol functions on legal advice while it assesses the impact. The protocol did not identify the affected asset or counterparty, say whether reserves suffered a realized loss or provide a timeline for resuming operations. Structured-yield protocol Strata later said it paused minting, redemptions and related functions for contracts in its Neutrl market, which supports several NUSD-linked products. Strata said its…
Shares of CoreWeave CRWV climbed 8.77% to $93.28 in morning trading on Tuesday after the AI cloud infrastructure company announced its expansion into Indonesia and received a bullish analyst initiation that reinforced optimism around its long-term growth prospects. The move marked CoreWeave’s first data center presence in the Asia-Pacific region. The company said it will add three facilities in Indonesia with a combined 360 megawatts of contracted IT power, expanding its global infrastructure footprint to serve growing AI demand across Southeast Asia. The stock also benefited from a new analyst initiation by Piper Sandler, which began coverage with an Overweight…
Referring to Satoshi’s Bitcoin white paper, Dogecoin co-founder Billy Markus, who goes by “Shibetoshi Nakamoto” on X, pushes back on recent arguments about Dogecoin’s security with respect to its merge mining with Litecoin. The discussion was sparked by Dogecoin Foundation developer Paulo Vidal, who outlined several questions he believes deserve attention: first, is Dogecoin currently dependent on Litecoin for its security? Second, if Litecoin stopped operating tomorrow, what would happen to Dogecoin’s security? Third, are miners securing Litecoin alone, or are the additional rewards from Dogecoin and other AuxPoW networks a significant part of the incentive? Vidal pointed out that…
President Donald Trump’s official $TRUMP memecoin is under pressure after two senior Democratic senators asked the U.S. Securities and Exchange Commission (SEC) to investigate whether the token harmed investors. The lawmakers claim nearly one million wallets lost billions of dollars as the token crashed, raising new questions about insider profits and investor protection. Warren Wants the SEC to Investigate Trump’s Memecoin Senator Elizabeth Warren and Richard Blumenthal have sent a letter to SEC Chair Paul Atkins asking the agency to investigate the $TRUMP memecoin. “We are concerned that President Trump’s memecoin scheme may constitute an illegal scam.” The senators say…
South Korea’s two largest crypto exchanges announced four new trading markets on Aug. 4, expanding local access to the $HOME, META2 and $USDG tokens. Upbit will add Defi App’s $HOME token to its Korean won and Tether markets at 17:00 Korea Standard Time. Bithumb plans to open Korean won markets for MetaDAO’s META2 and Global Dollar, or $USDG, at 16:00 KST. The exchanges said the opening times could change if they do not secure enough liquidity. The announcements place a cross chain DeFi token, a market based governance token and a dollar stablecoin in front of South Korea’s active retail…
Soluna Holdings, a renewable-powered data center operator spanning Bitcoin mining and developing AI infrastructure, reported rapid revenue growth in the second quarter alongside weaker consolidated profitability. The company reported $15.1 million of revenue for the three months ended June 30, up 145% from $6.2 million a year earlier. A new presentation of pass-through electricity costs added $4.4 million to both revenue and cost of revenue, with no effect on gross profit, operating loss or net loss. Excluding that change, revenue still grew 73%. Project Kati 1 completed 48 MW of construction and recorded its first positive site gross profit of…
Bitcoin is consolidating above $65,000 as buyers struggle to overcome a cluster of technical resistance levels. The cryptocurrency remains below its 50-day, 100-day, and 200-day exponential moving averages, keeping the short-term price outlook uncertain. Although institutional demand and improving global liquidity conditions are helping to limit deeper losses, overhead supply continues to prevent a decisive recovery. Bitcoin’s macroeconomic environment, derivatives positioning, and technical structure currently present a mixed picture: cautious in the short term but more constructive over a longer time horizon. Bitcoin options market signals institutional optimism Activity in the derivatives market continues to indicate underlying confidence among sophisticated…
Most people still think crypto payments means buying coffee with bitcoin. The real shift is quieter and far larger: stablecoins now settle more value annually than many traditional payment networks, and a new category called PayFi is building programmable payment infrastructure on top of that volume. This guide explains what PayFi is, how the plumbing works, and why it matters that a dollar sent on Solana arrives in seconds for a fraction of a cent while the same dollar sent through SWIFT takes days and costs $25 to $50. When Lily Liu, chair of the Solana Foundation, introduced the term…
Ripple has unveiled a series of institutional partnerships involving the $XRP Ledger (XRPL). The company said collaborations with Mastercard, JPMorgan, Ondo Finance, and OKX are to expand blockchain use across traditional and digital finance. In a video shared by Grayscale, Ripple SVP Jack McDonald outlined the company’s latest institutional strategy. He highlighted the role of both the $XRP Ledger and Ripple USD ($RLUSD) in driving real-world adoption. Mastercard, JPMorgan, and Ondo Finance Collaboration During the interview, McDonald, CEO of Standard Custody and Ripple’s Senior Vice President of Stablecoins, said Ripple is focusing on building institutional-grade infrastructure for moving value. McDonald…