Author: NBTC

U.S. Senator Rick Scott (R-FL) is pressing his colleagues to advance the CLARITY Act, a piece of legislation aimed at establishing a clearer regulatory framework for digital assets. In a recent interview with Fox Business, Scott emphasized his commitment to the bill and urged fellow senators to continue negotiations to secure its passage. What is the CLARITY Act? The CLARITY Act, which stands for Clear Legislation for Authorization and Regulation of Digital Assets, is designed to address the fragmented regulatory landscape for cryptocurrencies in the United States. The bill seeks to define which federal agencies have jurisdiction over digital assets,…

The BitMart withdrawal deadline for users covered by its U.S. rules is Aug. 8 at 23:59 UTC, an earlier regional cutoff than the exchange’s Aug. 26 global trading halt. The U.S. user notice applies to people who reside in or are located in the United States, as well as anyone otherwise treated as a U.S. user under BitMart’s agreement and policies. Covered users are told to cancel outstanding orders, close applicable positions, redeem or withdraw eligible product balances, and remove their remaining assets. They may also need to convert or withdraw assets that are not supported by their intended destination.…

Ukraine’s reconstruction may create a limited but practical role for Bitcoin mining within its damaged electricity system. Rather than directly financing rebuilding, mining could instead act as a flexible buyer for electricity that cannot yet reach homes, businesses, or industrial users. In that context, the Bitcoin Policy Institute argues that miners could operate near power plants, consume stranded electricity, and reduce or halt usage when demand rises elsewhere. Such flexibility could be particularly relevant during reconstruction, given the scale of Ukraine’s energy damage and broader rebuilding needs. Bitcoin Mining’s Role in Ukraine’s $588 Billion Rebuild The World Bank, European Commission,…

Decentralized artificial intelligence project FLOCK announced on Aug. 12 via its official X account that it has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable seamless FLOCK token transfers across multiple blockchain networks. The integration allows FLOCK to operate as a Chainlink Cross-Chain Token (CCT), expanding its accessibility to users on Base, Ethereum, $BNB Chain, HyperEVM, and Robinhood Chain. Expanding FLOCK’s Multi-Chain Presence The adoption of Chainlink CCIP marks a significant step for FLOCK in its mission to decentralize AI development. By leveraging CCIP’s standardized cross-chain infrastructure, FLOCK aims to reduce friction for token holders and developers who operate across…

Hashdex will stop trading its DEFI Bitcoin ETF after the Aug. 17 close, giving investors a final window to exit before the fund is liquidated. According to an SEC filing, investors who remain after trading ends will receive cash from the liquidation of its Bitcoin holdings by Aug. 28. The eventual payout will reflect the fund’s net asset value after Bitcoin price movements, transaction costs, and other closing expenses. The approaching deadline is already shrinking the fund. Hashdex data showed DEFI held about $8.7 million in assets and 134.95 $BTC on Aug. 11, down from $11.77 million and 180.26 $BTC…

Bitcoin Holdings Anchor Strategy’s Corporate Ambition Strategy Inc. (Nasdaq: MSTR) reiterated its ambition to become the world’s largest company by market capitalization in an Aug. 5 post on X, reaffirming a goal it first outlined in its Q2 2026 financial results presentation released on July 30. The company said it plans to achieve that objective by owning the most capital through bitcoin, issuing the strongest credit through its STRC digital credit security, and creating the best equity through MSTR. The company’s presentation places bitcoin, digital credit, and common equity within a reinforcing capital structure. $BTC provides the reserve base, STRC…

Polygon (POL) announced on its official X account that it has successfully deployed the Ithaca hard fork on the Amoy testnet. The upgrade is scheduled to go live on the mainnet at 2:00 p.m. UTC on July 29. What the Ithaca Upgrade Brings The Ithaca hard fork is designed to enhance the stability of payments made on the Polygon network. According to the team, the upgrade introduces an automatic mechanism that can intervene if issues arise on the chain, helping to keep transactions running smoothly without manual intervention. This is expected to reduce the risk of payment disruptions and improve…

GameShame Studios founder Nidhish Sajwan named Neo X’s MEV-resistant design as a core reason for building Raijin Protocol on the chain. Sajwan shared this anecdote in NeoPod’s sixth community AMA, stating transaction ordering and competitive fairness were non-negotiable requirements for the game’s architecture. Raijin Protocol, the aerial combat PvP game GameShame has been under development on Neo X since 2025. The team has also received Phase One and Phase Two funding from GrantShares. Choosing Neo X Sajwan was direct about the reasoning behind the chain selection. He described the decision as a deliberate evaluation of what the infrastructure could actually…

Bithumb, one of South Korea’s major cryptocurrency exchanges, has announced the addition of Unibase (UB) to its South Korean won (KRW) trading market. The listing is scheduled to go live at 1:00 a.m. UTC on August 6, allowing traders to buy and sell UB against the fiat currency. Listing Details and Market Context The new trading pair, UB/KRW, will be available on Bithumb’s platform, which is known for its strong presence in the South Korean digital asset market. The exchange has not yet disclosed specific details regarding deposit and withdrawal schedules, but typically these are announced shortly before the listing…

Ripple has renewed support for New York University Abu Dhabi’s blockchain research program, extending its University Blockchain Research Initiative partnership through 2027. NYU Abu Dhabi announced the renewed grant on Aug. 10, while Ripple Middle East and Africa Managing Director Reece Merrick highlighted the extension on Aug. 12. NYU Abu Dhabi described the arrangement as a renewed six year grant supporting work led by professors Raša Karapandža and Yaw Nyarko, co directors of its Center for Technology, Economics and Development. The university did not disclose the size of the latest funding tranche. Ripple previously said in 2024 that total funding…