Author: NBTC

Regulated stablecoins, including $USDC, may create a new layer of financial settlement, announced Circle in its latest report. Stablecoins may bring Internet innovation to money, similar to the upgrades in data, media, and other industries. $USDC serves as the sound money layer of the internet, according to Circle’s latest report on stablecoins. The company, which is one of the fast-growing fintech and crypto apps for 2025, believes stablecoins will reshape businesses and institutions. Circle believes stablecoins will form a hybrid layer between traditional finance and on-chain infrastructure. Some regulated stablecoins may help with siloed or fragmented liquidity. Stablecoins may be…

SEOUL, South Korea – December 2024 – South Korean financial authorities have initiated an unprecedented, nationwide audit of all cryptocurrency exchanges following a significant Bitcoin deposit incident at Bithumb, one of the country’s largest trading platforms. This regulatory action represents a critical turning point for South Korea’s digital asset market, which has experienced rapid growth alongside persistent security concerns. The comprehensive review aims to identify systemic vulnerabilities across the entire exchange ecosystem, potentially reshaping the regulatory landscape for years to come. South Korean Crypto Audit: Understanding the Bithumb Incident According to reports from Newsis, South Korea’s Financial Services Commission (FSC)…

Bitcoin mining operator NFN8 Group Inc. and its subsidiaries have gone down the dreaded path of formally filing for Chapter 11 bankruptcy. The company seeks court protection from creditors after running into financial challenges due to a fire outbreak at its Texas facility. NFN8 made the Chapter 11 filing in the U.S. Bankruptcy Court for the Western District of Texas. This move comes as a shock to many who have witnessed the company’s rapid growth in recent years. Fire, leases, and increased pressure on mining margins NFN8’s bankruptcy filing can be traced to multiple events over the past year. Beginning…

BitMine Immersion chairman Tom Lee pushed back against criticism of its growing paper losses this week, saying the drawdown reflected the design of its ethereum treasury strategy rather than a flaw in execution. In a series of posts on X, Lee said BitMine is built to track the price of ether and outperform it over a full market cycle, likening its structure to an index-style product rather than a tactical trading vehicle. With crypto markets in a downturn, however, the firm said unrealized losses on its $ETH holdings are inevitable. “Crypto is in a downturn, so naturally $ETH is down,”…

Stablecoin issuers and distributors offering customers access to stablecoin yield may essentially be creating their own parallel ecosystem to bank operations, global bank JPMorgan’s chief financial officer said Tuesday. “The creation of a parallel banking system that is sort of — has all the features of banking, including something that looks a lot like a deposit that pays interest, without sort of the associated prudential safeguards that have been developed over hundreds of years of bank regulation, is an obviously dangerous and undesirable thing,” Jeremy Barnum said in response to an analyst question during the bank’s fourth-quarter earnings call. The…

Binance has added more Bitcoin to its user protection reserve as the market stays volatile. The exchange said it purchased thousands of $BTC. As part of its plan to convert the Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin. The move comes during a market dip and reflects the company’s long term confidence in $BTC. Binance also shared the on-chain wallet address to keep the process transparent. More Bitcoin Added to the SAFU Reserve In its latest update, Binance said it bought around 3,600 $BTC for the SAFU fund. The purchase used about $250 million in stablecoins. After…

Key Takeaways AlphaTON Capital announced a $46 million deal to acquire 576 NVIDIA B300 GPUs, marking its largest AI infrastructure deployment to date. ATON stock surged 107% by midday Tuesday following the announcement, driven by investor interest in its privacy-first AI compute strategy linked to Telegram’s $TON network. AlphaTON Capital, a digital asset treasury company focused on Telegram’s $TON network, announced a $46 million deal to acquire 576 NVIDIA B300 GPUs, its largest AI compute deployment to date. The stock surged 107% midday Tuesday following the news. The half-cluster is set for delivery in February and will be hosted at…

Bullish listed $VET/$USDC and $VTHO/$USDC, with deposits, withdrawals, trading, and AMM support going live on February 5 at 1:00 p.m. VeChain said the listing expands regulated access for institutional participants seeking exposure to $VET. VeChain’s $VET token has been added to Bullish, a regulated digital asset exchange that offers access to spot markets and institutional services. The VeChain Foundation announced the listing in a social media post from its official account, framing the move as expanded access to institutional participants. Bullish published an updated “Digital Assets Listing” page and a 2026 availability table showing support for $VET and VeThor Token…

Ethereum price fell toward $2,200 after another wave of selling, with rising volume and weak momentum keeping traders on the defensive. Summary Ethereum continued to slide as traders reduced risk exposure. Futures data showed rising activity but falling confidence. Technical signals point to limited upside without a strong rebound. At the time of writing, Ethereum was trading at $2,264, a 2.8% decline over the previous day, further sinking into a vulnerable range. This drop comes after a steep sell-off that has caused $ETH to drop across all significant time periods. Ethereum ($ETH) has fluctuated between $2,120 and $3,034 over the…

For Bryan Johnson, the entrepreneur who sold Braintree (and Venmo) to PayPal for $800 million, the transition from fintech to ‘fountain of youth’ isn’t a pivot, it’s a logical progression. While Johnson is now the public face of Project Blueprint, a rigorous longevity protocol, he views his interest in crypto as part of the same fundamental struggle. In Johnson’s framing, inflation and aging function as invisible taxes. Inflation quietly erodes purchasing power over time, just as aging steadily degrades the body’s biological capital. “Aging has the same philosophical underpinnings as inflation,” Johnson said on CoinDesk’s Gen C podcast. “Both are…