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.

After weeks of review, South Korean cryptocurrency exchange Upbit has declared that it will delist Bonk Inu ($BONK), citing unresolved security and compliance issues. The ruling is another instance of Korean exchanges adopting a more stringent approach to investor protection, and it comes after $BONK was designated as a ‘trading caution’ asset in early July 2026. $BONK Trading support isn’t supported Upbit claims that trading support for $BONK will expire on September 7, 2026, at 15:00 KST, at which point all pending buy and sell orders will be automatically canceled. Until October 7, 2026, users will still have 30 days…

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In brief U.S. spot Bitcoin ETFs have shed $2.1B in June, pacing May’s $2.4B total outflows. Net assets declined $33B from $109B to $77B in the past month, in line with Bitcoin’s 27% drop. Analysts argued that the pace of ETF outflows is “exhausting rather than building,” but offered differing views on what could turn things around. The crypto market outlook remains gloomy as spot Bitcoin ETFs continue to bleed against a challenging macroeconomic and geopolitical backdrop. Bitcoin ETFs have shed $2.1 billion in June so far, pacing May’s $2.4 billion outflows, according to SoSoValue data. Wednesday’s $214 million outflow…

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Ethereum price fell 2.6% toward $1,870 on Aug. 11 after another rejection below $1,950 triggered long liquidations, while traders reduced risk ahead of the latest U.S. inflation report. Ethereum price falls below $1,900 According to data from crypto.news, Ethereum ($ETH) price traded near $1,870 during the latest session after sellers rejected another attempt to hold above the $1,900 psychological level. The decline extended from the Aug. 10 high near $1,935 and briefly pushed the token toward an intraday low of approximately $1,867. $ETH had recovered to around $1,886 by the time the accompanying charts were captured, reducing part of the…

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The U.S. economy lost 23,000 jobs in July, signaling that the labor market has yet to stabilize after four months of positive growth. The unemployment rate, however, fell slightly to 4.1 percent. Following weak employment data, Nick Timiraos, a Wall Street Journal reporter known for his close ties to Fed policy, stated that interpreting the July employment report would not be easy for the Fed. According to Timiraos, new evidence that the labor market has not accelerated again could reduce the urgency for the Fed to raise interest rates next month. However, the most important variable in terms of the…

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Polkadot has officially launched its “Products Devnet,” a public sandbox environment designed to give developers early access to upcoming network features. The devnet allows builders to test and refine applications using planned upgrades before they go live on the main Polkadot network, all without risking real funds. What Products Devnet Offers Developers The Products Devnet is a dedicated testing ground where developers can experiment with new functionalities scheduled for future Polkadot releases. By simulating real network conditions, the environment helps identify potential issues early, reducing the risk of bugs or security vulnerabilities affecting live applications. This approach aligns with Polkadot’s…

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The US Senate’s delay of a vote on crypto market structure legislation could give Hong Kong and Singapore more time to strengthen their positions as digital asset hubs, according to First Digital founder and CEO Vincent Chok. On Friday, Thune’s office confirmed to Cointelegraph that the Senate would not vote on the legislation before the August recess. Thune cited Democratic opposition and said the bill would be a priority when senators return in September. Chok, whose company issues the FDUSD stablecoin, said the delay could give jurisdictions with clearer regulatory frameworks an advantage in attracting capital and talent as US…

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South Korean cryptocurrency exchange Bithumb has officially removed Bonk ($BONK) from its delisting watchlist, according to a recent announcement. The decision reverses a previous cautionary status and reflects a more favorable assessment of the meme coin’s compliance and trading stability. Background and Context Bithumb, one of South Korea’s largest digital asset platforms, periodically reviews listed tokens to ensure they meet its standards for investor protection and market integrity. Tokens placed on the delisting watchlist are typically given a grace period to address concerns such as low trading volume, technical issues, or regulatory compliance gaps. $BONK, a Solana-based meme coin, had…

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Over the past weeks, Bitcoin has declined significantly in price, putting the market in fear as many retail and institutional traders begin to take extreme caution. While Bitcoin’s downtrend had persisted, the asset saw a major decline during the last week when it plunged to an extreme low of $59,000. Bitcoin drops within 9% of realized price This price movement flashed a potential bottom signal where traders showed optimism for a new market phase. However, recent on-chain data from Cryptoquant suggests that Bitcoin’s bottom may be farther than expected. While the prolonged price downturn has seen Bitcoin trade within just…

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The following is a guest post and opinion piece by Andre Cronje, Founder and CEO of Flying Tulip. Decentralization was the starting point for DeFi. But it is no longer the complete operating model for most protocols, and our language should evolve with the industry. This is not an argument against decentralization. It is an argument for being precise about where it exists, where operational responsibility remains, and what trust assumptions follow. I say that as someone who spent years building toward the opposite ideal. Yearn Finance launched with no team allocation, no foundation and no pre-mine. Everything went to…

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Cole Villemain (aka “ColeThereum”), the Pudgy Penguins co-founder who left the project after allegations of misusing its treasury, is selling NFTs again. On Sunday, the controversial founder previewed his new collection launching on Robinhood Chain to over half a million views. That attention was split among those celebrating Cole’s return and an equally-sized population who remembers the disappointing crypto projects from his past. Villemain faced allegations of treasury misuse at Pudgy Penguins, and he had plenty of earlier controversies. In August 2021, for example, blockchain sleuth ZachXBT profiled one of his pre-crypto ventures, a dropshipping site called eBoy Outlet. That…

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