Author: NBTC

Bitcoin’s hashrate just cranked things up another notch, blasting to 1,164 exahash per second (EH/s) on Sunday at 2:40 p.m. Eastern time. Bitcoin’s Hashrate Rockets While Revenue Improves Fresh off its 1,157 EH/s high just two days back, Bitcoin’s hashrate has casually leveled up—adding another 7 EH/s to hit 1,164 EH/s, or for those who love big numbers, a cool 1.164 zettahash per second (ZH/s). According to current hashrate stats from hashrateindex.com, as of 11:45 a.m. on Oct. 20, Bitcoin’s hashrate is cruising at 1,154.16 EH/s. Leading the charge is Foundry USA, mempool.space metrics show, flexing 334.18 EH/s—roughly 28.96% of…

Sonic, the popular blockchain network, is live on the fiat-to-crypto liquidity infrastructure of Circle, the crypto platform that issues $USDC. With the launch of Sonic on Circle Gateway, it has integrated the native $USDC stablecoin with unified liquidity across compatible blockchains. As mentioned in the official social media announcement of Sonic, the development streamlines $USDC access for DeFi platforms, institutions, and developers. Additionally, it also eliminates delays and fragmentations, positioning Sonic as a rapid channel for worldwide financial flows. USDC on Sonic. Unified.Sonic is live on @Circle Gateway, which enables a unified @USDC balance across supported chains.Builders and institutions can…

XAUT, Tether’s tokenized version of gold, breached new territory in terms of market capitalization, reaching a new all-time high earlier today. The boost came as gold traded at an all-time high, amid global economic uncertainty, which has boosted demand for safe-haven assets. XAUT is currently trading at approximately $3,746, with a 24-hour trading volume of above $77 million and a circulating supply of above 375,000 tokens, pushing the market cap to over $1.4 billion, a fresh ATH. This shows a roughly 50–60% increase from early 2025 levels and doubles the cap from mid-2024. Tether XAUT price. Source: CoinMarketCap Gold and…

Japan is poised to rewrite the rules of crypto oversight, moving to curb crypto insider trading as part of a broader push to bring digital markets into its orbit. The country’s Financial Services Agency plans to empower its market watchdog, the Securities and Exchange Surveillance Commission, to police illicit crypto trades, in a shift that could reshape global standards for market integrity. The framework is slated to be finalized this year and submitted to parliament by 2026.  Once formalized, it would extend securities-style rules under the Financial Instruments and Exchange Act to digital assets for the first time. This…

Wall Street broker Benchmark raised its price target on bitcoin BTC$110,972.63 miner Bitdeer Technologies (BTDR) to $38 from $24 implying more than 50% upside from current levels. The broker said the shares still have room to run despite the 70% rally in the shares in the last two months, including more than a 30% move in the past few days after the company announced its AI pivot. The stock was 6.8% higher in early trading to $25.65. The miner’s decision to take AI data center development in-house strengthens its three-part strategy alongside next-gen SEALMINER rigs and BTC self-mining, the report…

CDARI, a well-known Web3 eCommerce platform, has partnered with WOW EARN, an all-in-one Web3 SuperApp. The partnership is aimed at fortifying Web3 consumers with the merger of enhanced engagement tools and all-inclusive Web3 solutions. As mentioned in CDARI’s official social media announcement, the collaboration is set to improve the Web3 user experience. Hence, the development will let users explore, earn, and connect within the wider Web3 ecosystem. 🚨 PARTNERSHIP ANNOUNCEMENT 🚨We’re thrilled to team up with @WOWEARNENG — the All-in-One Web3 SuperApp built on Proof of Engagement! 🔗⚡️💬 WOW Chat💰 WOW Wallet⛏ $WOW Mining & Quests🧭 WOW Explore🛠 WOW EARN…

This is a segment from The Drop newsletter. To read full editions, subscribe. In the wake of Pump’s success, OpenSea has been transforming from an art-forward NFT marketplace into a token-trading aggregator supporting 22 blockchains. OpenSea has gained over $25 million in token trading revenue and roughly $5.6 million in NFT trading revenue in the past month, marking a sudden surge in activity after what has otherwise been a slow year for the platform. “There’s a huge opportunity in the app layer for a company to hyperfocus on building an experience that combines the best of what a centralized exchange…

As Argentina grapples with soaring inflation and a run on the peso that has battered domestic asset prices, the United States has stepped in with the promise of a financial lifeline — though Bitcoin proponents remain skeptical it will make a difference. The peso tumbled roughly 4.5% last week as investors questioned President Javier Milei’s ability to deliver fiscal and structural reforms following his party’s poor showing in Buenos Aires provincial elections earlier this month. The sell-off was compounded by a corruption investigation involving a family member of Milei, deepening political uncertainty. Investor unease triggered heavy outflows from Argentine markets.…

Ghana’s central bank aims to have crypto regulations in place by the end of the year, with the West African country advancing a bill to parliament just a week after Kenya passed its own bill regulating the industry. Johnson Asiama, the governor of the Bank of Ghana (BoG), said at the International Monetary Fund’s meetings in Washington on Thursday that the country had “done a lot of work in the past four months to put together the regulatory environment,” and create legislation. “That bill is on its way to parliament, hopefully before the end of December, we should be able…

Backpack Wallet, a self-custodial crypto wallet that allows users to trade, manage tokens, and access DeFi, announced its support for the BNB Chain. According to the information shared today, the integration showcases Backpack’s continued dedication to offering cutting-edge mobile experiences and enables users to access greater decentralized finance services. As Backpack continues to broaden the scope of its crypto wallet capability, it stays true to its fundamental conviction that strategic partnerships with industry leaders will offer superior experiences for its users. BNB Chain is now live on Backpack Wallet 🎒Which network should we add next? 👇 pic.twitter.com/SCgvLozsQ5 — Backpack 🎒…