Author: NBTC

Over the weekend, the People’s Bank of China (PBoC), along with 12 ministries, led a critical meeting addressing the risks of virtual assets and the prevention of illicit financial activities. The official announcement has elicited mixed reactions among market commentators, with the general consensus being that the policy line remains unchanged, but implementation will become stricter and more coordinated. At the heart of the meeting was the implementation of China’s mainland cryptocurrency ban, which has remained unchanged since 2017, through a more rigorous and unified regulatory mechanism. This included the involvement of institutions such as the Central Office of Financial…

Dubai Customs and Binance have agreed to work together to expand digital payment capabilities by integrating crypto assets into commercial and logistical transactions. Signed during Binance Week 2025 in Dubai, between Dr. Abdulla Busenad, Director General of Dubai Customs, and Stephanie Emile, General Manager of Binance FZE in Dubai, Binance, which offers payment solutions including Binance Pay, will work to enhance trade flow and accelerate investment cycles by offering its solutions to Dubai Customs. Dubai’s local logistics sector to benefit from digital payments As per the agreement, digital assets will be integrated into the commercial transactions and logistics sector, supporting…

Bitcoin’s BTC$86,189.53 30-day simple moving average (SMA) hashrate has recorded its steepest decline since the April 2024 halving, according to Matthew Sigel, head of digital assets research at VanEck. The bitcoin hashrate measures the total computational power securing the network. Former Canaan chairman Jack Kong said in a post on X, as many as 400,000 mining machines have recently gone offline in China. Kong said computing power fell by roughly 100 exahashes per second (EH/s) compared to the day before representing an 8% decline. Based on an average of 250 terahash per second, this equates to more than 400,000 mining…

Ethereum co-founder Vitalik Buterin is calling for social media platforms to use cryptography and blockchain tools to make their content-ranking systems more transparent and verifiable. In a Monday X post, Buterin argued that X should use zero-knowledge proofs (ZK-proofs) and blockchain to prove the fairness of the algorithm that determines the reach of content on the platform. He raised an issue with how X operates on Dec. 9, claiming that its owner Elon Musk’s way of leading it is harmful: “Elon Musk I think you should consider that making X a global totem pole for free speech, and then turning…

Ethereum is holding firm above key support as smart money steps in, hinting at growing confidence beneath the surface. With bullish signals and steady inflows aligning, the market now watches whether this stability can spark a meaningful upside move. ETH Coils Below $3,200 Ahead Of A Decisive Move AltCoin Việt Nam, in a recent post, highlighted that ETH is positioned at an extremely tense moment on its chart, signaling that the asset is preparing for a major directional move. This immediate pressure is being fueled by a significant bullish divergence that has just appeared on the chart, marking the first…

Deutsche Börse Group (DB1) and Societe Generale-FORGE plan to bring regulated euro and dollar stablecoins into the systems that support some of Europe’s largest financial markets, the companies said on Tuesday. The groups signed an agreement to integrate SG-FORGE’s euro and dollar CoinVertible tokens with Deutsche Börse’s post-trade operations, including Clearstream. Today, most settlement happens through accounts at centralized securities depositories. The move gives banks and other market participants a way to settle trades with tokenized cash inside a regulated framework. Using a stablecoin, a digital token whose value is pegged to a real-world asset such as a fiat currency,…

Both the U.S. Commodity Futures Trading Commission and the Federal Deposit Insurance Corp. will have significant reach into supervising the U.S. crypto sector, and President Donald Trump’s nominees to be their chairman have been crawling through a Senate confirmation process that’s close to its end — though the Senate likely remains days away from actually holding the final vote. After a Thursday approval 52-47 of the resolution that sets up the final vote, Mike Selig is one step away from taking over the CFTC, and Travis Hill’s ascent to chairman at the FDIC will also soon be decided. A spokeswoman…

Binance has pushed back against claims that the exchange was involved in coordinated promotions for new meme coins. The remarks follow growing concerns that the exchange’s social media posts were being converted into meme tokens. Binance Launches Internal Review After Meme Coins Mirror its Tweets One example of such a trend is a tweet from a Binance Futures post that read, “The year of the yellow fruit and harvest! Plant wisely. Harvest abundantly.” An on-chain token using the exact phrase and image appeared shortly before the post went live. $year of yellow fruit0x2fe3731d8b61515aad65757c7cab8042c43a4444Trades and Price Chart:https://t.co/MOHKDeoL43″year of yellow fruit” comes…

Key Takeaways MoonPay has launched a commerce app specifically for Solana Mobile’s Seeker device. The MoonPay Commerce app will be available exclusively on the Seeker mobile developed by Solana Mobile. MoonPay has unveiled its MoonPay Commerce app, built exclusively for the Solana Seeker device, offering users a seamless way to browse online stores and make crypto payments. The app is integrated with MoonPay Commerce and Solana Pay, allowing users to shop with crypto at checkout through Shopify. At launch, the app features a curated directory of brands and creators accepting crypto payments, including notable names like Fortune Magazine, Pudgy Penguins,…

Ethereum consensus client Prysm said validators missed out on 382 ETH, equivalent to more than $1 million, after a software bug triggered network disruptions shortly after the recent Fusaka upgrade. The incident, detailed in a post-mortem titled “Fusaka Mainnet Prysm incident,” stemmed from a resource exhaustion event that affected nearly all Prysm nodes and led to missed blocks and attestations. What Caused Prysm’s Outage? According to Offchain Labs, the developer behind Prysm, the problem emerged on December 4 when a previously introduced bug caused delays in validator requests. Those delays resulted in missed blocks and attestations across the network. “Prysm…