Author: NBTC
The government of the Philippines announced that it will notarize its documents on the Polygon blockchain — on the same day that the network suffered a temporary outage. Maria Francesca Montes- Del Rosario, undersecretary at the Philippine Department of Budget and Management, announced in a Wednesday Facebook post that the government’s blockchain transparency is now live. According to a Thursday report by local crypto news outlet BitPinas, Del Rosario stated at the launch event that blockchain addresses the issue presented by artificial intelligence-generated deepfakes and prevents bad actors from falsifying government documents. “We are using cutting-edge technology like AI, blockchain,…
Bitcoin’s weekend breakout above $118,000 caught attention not only for the price, but also for the aggressive liquidation stats. According to the updated CoinGlass heat map, in the 12-hour window, BTC recorded $3.66 million in short liquidations, compared to just $197,660 from longs. That’s an imbalance of 1,722%, with nearly all the damage falling on short positions. Unlike typical shakeouts, where longs become overexposed, this breakout wiped out shorts almost exclusively. For BTC, it was a one-sided liquidation, a rare event when price action favors longs so clearly. Across all tokens, 12-hour liquidations totaled $55.54 million, split between $34.16 million…
A seismic tremor recently rippled through the crypto community, sparking a flurry of discussions and analyses across social media and news outlets. At the heart of this buzz is a significant ETH transfer, specifically a substantial movement of Ethereum by a highly influential figure in the blockchain space. This kind of event often acts as a barometer for market sentiment and can trigger various interpretations among investors and analysts alike. What Does This Massive ETH Transfer Signify? According to reports from PANews, Chun Wang, the esteemed co-founder of F2Pool, one of the largest and most established cryptocurrency mining pools globally,…
GOAT Network launched a public beta Thursday for what it claims is the first zero-knowledge rollup built directly on Bitcoin, capable of generating cryptographic proofs in under three seconds. The rollout—dubbed BitVM2 Beta—is aimed at tackling long-standing performance issues on Bitcoin, including slow transaction finality and the lack of scalable, Bitcoin-denominated yield options. “Layer 2 transactions are fast, but they’re pointless without equally fast proofs to finalize on the Bitcoin mainnet,” co-founder and CEO Kevin Liu told Decrypt. “If proofs lag behind, it creates inefficiencies and security risks.” A Layer 2 solution is a secondary protocol built on top of…
Elliott Wave Theory, which provides an organized framework for examining market cycles and investor psychology, has been used by traders looking for hints about whether this rally can continue. With the asset soaring toward $120,000 and sparking a potential target close to $200,000, Bitcoin’s price performance over the last few months has been incredible. Elliott Wave patterns usually consist of a three-wave corrective sequence after five impulsive waves (motive phase). According to Bitcoin’s daily chart, after consolidating around $65,000 the cryptocurrency seems to have finished a textbook motive phase that started in mid-April. Prices went from about $65,000 to $90,000…
Ethereum traded at $3,908 at press time, gaining 3.2% in the past 24 hours and 61% over the last 30 days. Summary Ethereum is trading above $3,900, up 61% in 30 days. SharpLink bought 77K ETH, raising its total to 438K ETH. Ethereum’s bullish momentum remains intact amid an elevated RSI and Bollinger Bands expansion. The price rebounded from a recent low of $3,530 on July 24 and is now pushing toward $4,000, a key psychological price level. Increasing derivatives and trading activity suggests that investor interest is growing. Trading volume surged to $32.95 billion in the last 24 hours,…
NEW YORK — Roman Storm, the Tornado Cash developer standing trial in Manhattan on charges that the privacy tool he created helped hackers and other cyber criminals launder more than $1 billion in criminal proceeds, won’t take the stand, his lawyers told the court on Tuesday. Storm told District Judge Katherine Polk Failla of the U.S. District Court of the Southern District of New York (SDNY) that he was aware that he had the right to testify in his own defense but chose not to. After Storm made his decision, his defense team, led by Keri Axel and Brian Klein…
Bali program pairs policymakers with developers to turn regulatory vision into working prototypes JAKARTA, Indonesia – July 31, 2025 – The Polkadot Blockchain Academy (PBA) announced today the launch of its “Governance for New Leadership” program, which will bring senior policymakers, entrepreneurs and industry leaders to Bali this September. The week-long executive course (September 7–13, 2025) builds on the success of PBA’s pilot program in Lucerne, Switzerland, and marks the Academy’s first expansion of its policy education initiative to Asia. Taking place in Nusa Dua, Bali, in partnership with Mandala Blockchain Academy (the education arm of Mandala Chain), the program…
In a recent tweet, Bitcoin historian Pete Rizzo spotlighted a key moment in Bitcoin’s history: its first-ever mention on television back in 2011, when the price was trading at just $3. “The 1st-ever Bitcoin mention in TV history happened at $3 in 2011,” Rizzo stated in a tweet accompanied by a short video clip, adding that “Bitcoin is up 3,900,000% ever since.” ✨ The 1st-ever #Bitcoin mention in TV history at $3 in 2011 It’s up 3,900,000% ever since 🔥 pic.twitter.com/pqomdXMNdG — The Bitcoin Historian (@pete_rizzo_) July 13, 2025 That single TV moment marked the beginning of mainstream awareness for…
A Beijing court sentenced a former technology firm executive to 14 years and six months in prison on Tuesday for embezzling 140 million yuan (US$19.5 million) and laundering the funds through crypto. The executive, surnamed Feng, held responsibility for approving incentive payouts at a short video platform. Prosecutors said he colluded with external vendors to submit false claims and reroute corporate funds into accounts he controlled. The money was then converted into Bitcoin and other digital assets across eight overseas trading platforms. The case is marked by three features: “petty officials committing major corruption, laundering through virtual currency, and weak…