Author: NBTC

In one hemisphere, Bitcoin miners are signing $6.6 billion leases with tech giants. In the other, police are crushing their machines with steamrollers. The same hardware, the same algorithm, the same electricity hunger, and two opposite fates decided by one variable: the price of power. The Royal Malaysia Police have developed a signature move for concluding a cryptocurrency mining investigation: they line the confiscated machines up in a parking lot, invite the press, and drive a steamroller over them. The spectacle has run several times over the years, thousands of ASICs cracking under the drum, and it returned to relevance…

A new set of machine-checked proofs published on Ethereum Research on July 21, 2026, pushes the formal theory of cross-domain state preservation meaningfully forward — and the implications stretch well beyond academic verification. The work mechanizes the composition of preservation maps between synchronization domains and stratifies them by coupling breadth, using Isabelle/HOL as the proof engine. What comes out the other end is not just a collection of theorems but a reusable, sorry-free verification basis that any bridge, rollup exit, shared sequencer, or permissioned settlement leg can directly discharge. Key takeaways Preservation maps between state machines form a full category…

Bitcoin whale wallets have reportedly transferred over $100 million in Bitcoin to exchanges over the last 24 hours. The trend is a clear signal of intentions to cash out, adding further pressure to Bitcoin’s price trajectory. Just as Bitcoin was trying to find its bottom after losing over 20% of its value in June, on-chain data shows further signs of selling. Wallets tied to Irish drug dealer Cliffton Collins, Riot Platforms, a major Bitcoin mining firm, and other whale wallets have all sent significant amounts to exchanges, in preparation to sell. Bitcoin whale sell-off pattern is forming A wallet linked…

B3, the Brazilian stock exchange, will develop a digital twin of its depository database in a blockchain in preparation for a potential inclusion of these into the traditional financial system. B3 also expects to launch B3RL, a Brazilian real stablecoin, later this year. Key Takeaways: B3 will adopt tokenization in H2 2026, replicating traditional databases to upgrade market structure. Rodrigo Nardoni expects a new atomic model to streamline settlement processes using stablecoin tokens. To potentially enable direct settlements, B3 next plans to launch its B3RL stablecoin in 2026. B3 Takes First Steps to Tokenize Stocks B3, Brazil’s stock exchange, is…

A proposed rule change has been approved for T. Rowe’s Active Crypto ETF including Shiba Inu and Dogecoin, marking a significant milestone. T. Rowe Price, which has over $1.8 trillion in assets under management, filed for regulatory approval of a multi-asset crypto ETF in October 2025. This marked the first foray into the cryptocurrency space by the asset management firm. In the latest positive development, the T. Rowe Active Crypto ETF has gotten a green light after crossing a regulatory hurdle. An SEC document dated June 12, 2026, contained an order granting approval of the proposed rule change, as modified…

Brazilian Police Target Cryptocurrency Usage in Illegal Betting Operations Brazil is increasing its oversight over illegal operations involving cryptocurrnecy in its financial system. On Monday, the Brazilian Federal Police executed Operation “Veil of Maya,” cracking down on an illegal betting ring that used shell companies to launder and redirect funds to these activities using fiat and digital currency. The operation was codenamed “Veil of Maya” as it represents a facade that impedes the appreciation of reality, meaning that these shell companies presented objectives that hid their true purposes. According to the Federal Police, 87 companies were targeted in this operation,…

Nasdaq-listed Bitcoin mining company Bitdeer (BTDR) mined 990 $BTC in June 2025, marking a 388% increase compared to the same month a year earlier. The surge in production was driven by a significant expansion of the company’s proprietary mining infrastructure. Operational highlights from June 2025 According to Bitdeer’s June production and operations update, the company’s proprietary mining hashrate reached 73 EH/s, up from approximately 15 EH/s in June 2024. Total managed hashrate stood at 86.1 EH/s, reflecting both self-owned capacity and customer-managed operations. Bitdeer’s self-owned mining machine fleet totaled 243,000 units, a substantial increase from the prior year. The 990…

Base has recently announced its focus on native account abstraction through EIP-8130, which aims to improve user account management. This development was shared via a tweet that has gained traction in the crypto community, highlighting the potential for enhanced user experiences in decentralized applications. More details can be found in the official tweet here. Breaking It Down The broader crypto market is currently experiencing mixed signals, with various assets showing different levels of momentum. Amid this backdrop, Base’s announcement regarding native account abstraction is noteworthy. EIP-8130 could streamline user interactions by allowing more efficient account management, which may attract developers…

The Irish drug dealer Clifton Collins is back in the news after Irish authorities recovered more of his seized Bitcoin. Collins acquired approximately 6,000 Bitcoin between 2011 and 2012. In 2017, he was jailed after a drug-related arrest. Before the arrest, he printed his seed phrase and hid it inside a fishing rod. However, the landlord later cleared the house and dumped his belongings in a landfill, including the private keys. In 2026, authorities continued recovering the lost Bitcoin and selling it as proceeds of crime. How much Bitcoin did authorities recover? The Irish authorities successfully recovered 500 $BTC, worth…

Pudgy Penguins (@pudgypenguins) has launched its new Pengu Plushies line in Target (@Target) stores across the United States, the brand announced on July 19. The rollout puts the flagship Pengu character in more than 1,800 Target toy aisles, sitting alongside household names like Bluey and Hello Kitty, and in front of millions of weekly shoppers who have never opened a crypto wallet. For a project that began as 8,888 profile pictures on Ethereum, that shelf space is the whole point. Most $NFT collections from the 2021 boom have faded into irrelevance. Pudgy Penguins spent the past four years turning a…