Author: NBTC

The sharp decline in Bitcoin and altcoins on Friday night was thought to have begun after US President Donald Trump announced steep tariffs on China. However, recent allegations suggest that the move may actually have been an orchestrated attack on Binance. Many trading pairs on Binance experienced abnormally deep price declines compared to other exchanges. This is considered a technically challenging anomaly. An attacker allegedly exploited vulnerabilities in the BNSOL/WBETH price oracle and overleveraged positions in the USDe stablecoin, simultaneously opening a large short position on the Hyperliquid exchange. Binance founder Changpeng Zhao (CZ) shared the following on the subject:…

Theta Capital Management plans to raise $200 million for its latest blockchain funds-of-funds. The company said it’s raising funds to capitalize on early-stage blockchain opportunities despite venture funding in the sector remaining subdued. According to the company’s report, its new vehicle, Theta Blockchain Ventures V, will distribute the capital to between 10 and 15 venture firms specializing in digital assets. Theta Capital also aims for a net internal rate of return of 25% from the investment. Theta continues its Blockchain Venture series Bloomberg reported that a spokesperson from Theta Capital confirmed the details of the $200 million capital raise. The…

Solana has once again taken the crypto world by storm, surpassing Ethereum and Binance Smart Chain in 24-hour decentralized exchange (DEX) trading volume. This surge marks Solana’s return to dominance in a space long ruled by Ethereum, highlighting its growing traction among traders and DeFi enthusiasts. Over the past day, Solana recorded a massive spike in DEX transactions, driven by rising liquidity, faster transaction speeds, and a flurry of meme coin and DeFi activity. The network’s scalability and low fees have made it a preferred hub for active traders looking for efficiency without the congestion often seen on Ethereum. The…

The digital landscape is in constant flux, a testament to humanity’s unyielding drive for progress. From the early days of dial-up to the hyper-connected world we inhabit, the internet has reshaped nearly every facet of our lives. Yet, as we stand at the precipice of web3, a new paradigm emerges, promising a more equitable, transparent, and user-centric digital experience. This shift hinges on two pivotal concepts, decentralization and mainstream adoption. The journey towards a truly decentralized and widely adopted web3 is fraught with challenges, but the insights from industry leaders paint a compelling picture of the path forward. First, we…

Ethereum price today is trading near $4,680, consolidating just below the $4,734 resistance level after a sharp recovery from $4,400. The market is balancing strong institutional inflows with new adoption tailwinds after Samsung introduced native Ethereum staking on its Galaxy devices, a move that could expose over 200 million users to direct ETH participation. Ethereum Price Tests Major Breakout Structure ETH Price Dynamics (Source: TradingView) The daily chart shows Ethereum pressing against a descending triangle breakout zone near $4,700–$4,750, which has capped upside momentum since mid-August. A successful breakout above this area would confirm continuation of the uptrend within the…

As stablecoin and cryptocurrency adoption accelerate worldwide, emerging markets face mounting risks to monetary sovereignty and financial stability, according to a new report from Moody’s Ratings. The credit rating service warned that widespread use of stablecoins — tokens pegged 1:1 with another asset, usually a fiat currency like the US dollar — could weaken central banks’ control over interest rates and exchange rate stability, a trend called “cryptoization.” Banks could also “face deposit erosion if individuals shift savings from domestic bank deposits into stablecoins or crypto wallets,” the report said. Crypto adoption risks in different markets. Source: Moody’s Moody’s said…

According to breaking news, Binance will cover the $283 million loss incurred as a result of the loss of BNSOL, WBETH, and USDE’s peg. In its statement, the exchange stated that the global macroeconomic developments between 23:50 on October 10, 2025 and 01:00 on October 11 (UTC+3) led to extreme volatility in the crypto market. It was stated that both institutional and individual investors started selling heavily during this period, which caused a sharp decline in the markets. Binance announced that its futures and spot matching engines, as well as API transactions, were operating smoothly during this period, and that…

CCP Games, the studio behind EVE Online, has announced that its next-generation space survival MMO, EVE Frontier, will be built on the Sui blockchain, a move the studio says is central to its vision of a truly player-defined, persistent universe. By leveraging Sui’s object-centric architecture, CCP aims to model tens of thousands of star systems, innumerable player-built ships and evolving infrastructure in a way that keeps every player action verifiable and persistent. For CCP, the choice of Sui isn’t merely about putting assets on-chain; it’s about scale and fidelity. Sui’s design, built for sub-second finality and high throughput, is presented…

Something interesting is brewing on Ethereum’s chart. After weeks of steady gains, the Ethereum price seems to be pausing near $4,700, but not in a way that signals weakness. Instead, the data and patterns suggest a small drop could be exactly what ETH needs before it moves higher again. A pullback toward $4,410, roughly a 6% dip, could complete a classic reversal setup — one that often appears before major rallies. But first, on-chain data shows why traders are cautious in the short term. Exchange Flows Ease as Whales Stay Cautious Ethereum’s exchange net position change — which measures how…

Smart Digital Group faced a brutal investor revolt as its Nasdaq-listed shares imploded following a surprise announcement to establish a diversified cryptocurrency asset pool, a move markets likely viewed as a high-risk diversion. Summary Smart Digital Group stock collapsed 87% after announcing plans for a diversified crypto asset pool targeting Bitcoin and Ethereum. The move likely drew investor backlash due to vague details, diverging from peers that saw stock surges after similar pivots. Meanwhile, regulators are probing trading activity in companies adopting crypto treasury strategies, adding systemic risk to such moves. On Sept. 26, Smart Digital Group Limited (SDM) publicly…