Author: NBTC

Zero-knowledge proof (ZK-proof) coprocessor Brevis launched its marketplace, allowing users to earn by computing ZK-proofs. According to a Monday Brevis announcement, the “ProverNet” decentralized physical infrastructure (DePIN) network allows applications to access ZK-proof proving capacity and computing providers to earn money by computing proofs. Currently, the network uses Circle’s USDC (USDC) stablecoin as the native settlement currency. Still, Brevis plans to move to the yet-to-be-launched BREV token when ProverNet comes out of beta and launches mainnet. On mainnet, the system will also introduce prover staking and slashing for “misbehavior or missed deadlines.” Currently, ProverNet allows for proving task distribution through…

Ethereum is trading with renewed strength after breaking above the $3,300 level and briefly pushing toward $3,400, signaling a potential shift in short-term momentum. However, despite this recovery, bullish conviction remains fragile. Many analysts continue to warn that the broader trend still leans bearish, emphasizing that Ethereum has yet to reclaim the structural levels needed to confirm a macro reversal. Yet one signal has captured significant attention: according to fresh data from Lookonchain, a major whale known as BitcoinOG has doubled down on his Ethereum long position. This trader is widely recognized for being the whale who successfully shorted Bitcoin…

Bitcoin’s tour down to $80,000 has left a number of investors’ pockets bleeding due to forced liquidations, as several on-chain monitoring firms reported three large accounts, including two Aave whales and well-known trader Jeffrey “Machi Big Brother” Huang, were hit with more than $30 million in combined liquidations within hours. According to blockchain security firm PeckShield, a liquidation worth $11.41 million struck an Aave borrower identified on-chain as wallet 0x94de…940a. The position collapsed when Bitcoin fell to roughly $80,000 early Friday morning, pushing the account’s loan-to-value ratio past the protocol’s threshold. Long bets on Bitcoin sends Aave whale deep in…

The Canadian Revenue Agency (CRA) revealed that 40% of taxpayers who use cryptoasset platforms are evading crypto taxes or are at high risk of non-compliance, the Canadian Press reported December 7. The news outlet said it received an emailed statement from CRA saying it has 35 auditors in its cryptoasset program, working on over 230 files, which have resulted in “significant taxes earned by audit,” including $100 million in the past three years. The CRA acknowledged legal limitations in Canada, stating it believes “there is no way to reliably identify taxpayers operating in the crypto space and assess compliance” with…

Imagine paying your monthly phone or internet bill not with a credit card or bank transfer, but with a digital currency that’s as stable as the UAE dirham. This futuristic vision is becoming a reality. In a groundbreaking move, UAE telecommunications powerhouse e& has announced a pilot program to explore using a stablecoin for bill payments. This initiative, developed in partnership with Al Maryah Community Bank, could redefine how millions manage their everyday expenses. What Exactly Is This Stablecoin Pilot Program? The core of this innovation is the AE Coin, a digital currency pegged 1:1 to the UAE dirham and…

Dragonfly managing partner Haseeb Qureshi has sharpened his defense of Ethereum’s valuation, arguing that critics are using the wrong financial framework and that ETH should be analyzed more like an early-stage Amazon than a mature “value” stock. Speaking on the Milk Road Show on 9 December 2025, Qureshi revisited his now-viral valuation clash with investor Santiago “Santi” Santos, hosted by ThreadGuy, which reignited the debate over how to price layer 1 blockchains. At the core of Qureshi’s thesis is a simple but controversial claim: fee revenue on Ethereum is effectively pure margin and should be treated as profit, not as…

Stablecoin issuer Tether (USDT) minted $1 billion worth of tokens in the past 24 hours, according to blockchain data. This sudden increase highlights the growing demand for stablecoins in the crypto market. Particularly as traders look for safe-haven assets amid market volatility. USDT, pegged to the U.S. dollar, is widely used for trading, lending and transferring funds across exchanges. The minting of such a big amount indicates that investors and institutions are actively moving funds into stable assets to manage risk. Why Tether Is Minting More USDT Tether increases supply when the demand rises. In this case, the $1 billion…

The traditional banking industry has sought to slow down the surge of institutions seeking charters as trust banks that will serve digital assets customers, and Jonathan Gould, the chief of the Office of the Comptroller of the Currency said such a hesitancy would “risk reversing innovations.” “The OCC is hearing from existing national banks, on a near daily basis, about their own initiatives for exciting and innovative products and services,” he said at the Blockchain Association’s policy summit on Monday in Washington. “All of this reinforces my confidence in the OCC’s ability to effectively supervise new entrants as well as…

Lookonchain indicates that a crypto whale has made a significant asset rotation during the last 16 days. The whale exchanged 1,466 BTC, currently worth $132 million, with 43,649 ETH, currently worth $139 million. The transition provided the whale with a would-be payoff of approximately 7 million dollars as the ETH rose at the period of the swap. The transacted data was transferred via THORChain and intended timing and constant accumulation. The whale was precise in this action entirely spanning trades ensuring non-slippage and maintaining effectiveness of swaps between chains. The trend indicates an outlook of conviction rather than speculation and…

Cwallet announced a new integration with Kava and immediately added one of the fastest and most interoperable blockchains to its expanding Web3 finance ecosystem. With this partnership, users will now be able to send, receive, trade, swap, and buy or sell KAVA tokens all within Cwallet, without needing to leave the Cwallet platform. 🚀 Announcing Our Partnership with @KAVA_CHAIN !Kava (https://t.co/DivBSRUvzB) is a leading blockchain combining Cosmos speed with Ethereum’s dev power. Home to 125+ dApps, billions in transactions, and powered by its native AI platform.✅ Kava is Now Integrated into Cwallet!… pic.twitter.com/DnxzV8x5tY — Cwallet (@CwalletOfficial) December 8, 2025 The…