Author: NBTC

Hive Digital, a Bitcoin miner turned data center infrastructure provider, reported record revenue and earnings in its fiscal first quarter, driven by strong growth in high-performance computing (HPC) hosting services alongside its core mining business. In its fiscal Q1 2026, Hive generated $45.6 million in total revenue. Digital currency mining contributed $40.8 million, up 44.9% from the previous quarter, as the company mined 406 Bitcoin (BTC) — a 34% increase quarter-over-quarter. Bitcoin’s rising value further supported the company’s performance. Revenue from its HPC division, operating under the Buzz HPC brand, rose 59.8% sequentially to a record $4.8 million. On an…

India’s central bank, the Reserve Bank of India (RBI), has cleared a blockchain-based MSME financing solution developed by Indian Banks’ Digital Infrastructure Company (IBDIC) Pvt Ltd for broader adoption. The approval comes after successful completion of testing under the Fifth Cohort of RBI’s Regulatory Sandbox (RS), which featured a theme-neutral approach to fintech innovation. RBI confirmed the product’s viability in a press release today, August 15, 2025. It says the solution had met predefined testing benchmarks. It is now eligible for adoption by entities such as banks and NBFCs pending compliance with applicable regulations. Blockchain Solution for MSME Credit Access…

In a stunning reversal, President Donald Trump who once called Bitcoin a “scam” has delivered one of his most direct endorsements of cryptocurrency yet. He is now calling the traditional financial system “broken” and arguing that digital assets offer a “solution.” This dramatic change of heart coincides with a flurry of pro-crypto policy actions and new revelations about his personal holdings, and legislative debates that could redefine the role of crypto in the U.S. economy. It’s come to this. Even with a lawsuit threat from the President, Fed Chair Powell holds firm on the economy. Here’s our analysis. Backing Up…

The cryptocurrency world recently buzzed with news of a colossal USDT transfer, drawing attention to significant movements within the digital asset landscape. Whale Alert, a prominent blockchain tracker, reported a staggering 400,000,000 USDT moving from the decentralized finance (DeFi) protocol Aave to the centralized exchange HTX. This massive transaction, valued at approximately $400 million, immediately sparked discussions among investors and analysts about its potential implications. Understanding the USDT Transfer: What Happened? On [Insert Date of Whale Alert report if known, otherwise keep general], the crypto community observed a monumental shift of funds. A single USDT transfer involving 400 million Tether…

Qubic, a cryptocurrency mining pool and altcoin with its own name, shared its preliminary report on the 51% attack experiment it conducted on the Monero (XMR) network. During the experiment, Qubic reached 52 percent of the Monero network’s global hash rate, and in the process, 6 blocks were reorganized and 60 blocks became “orphans” (isolated). The report reveals that Qubic mined approximately 80% of the blocks on the Monero network in just two hours. During this time, 750 XMR and 7 million XTM were mined. Combined with unsold Tari from the previous period, the newly mined XTM totaled 17.2 billion…

REI Network, a cutting-edge zero-fee L1 for dApp integration, has collaborated with AIDA, an AI-driven trading entity. The partnership focuses on providing AI-driven, fee-free trading experience in the DeFi ecosystem. According to REI Network’s social media announcement, the joint effort is set to establish an inclusive platform, marked by advanced trading experience combined with efficient blockchain performance. Ultimately, the development indicates a noteworthy jump toward faster, more accessible, and smarter DeFi services to benefit global users. 🤝 Meet AIDA — our newest AI-powered trading partner uniting DEXs & LaunchPads for a next-gen Web3 experience!@aidappcom brings AI-driven token creation, analytics, and…

Bitcoin hit a new record high price on Wednesday, and Ethereum may be poised to do the same very soon. But as ETH treasury firms’ stocks have surged on the recent market momentum, shares of at least one of their BTC counterparts are trending in the opposite direction.  Lixte Biotechnology’s stock (LIXT) finished the day trading 16% lower at $4.06 per share on Wednesday, shortly after the clinical-stage pharmaceutical firm announced its plan to allocate up to 25% of its reserves to a Bitcoin treasury, Yahoo Finance data shows. The LIXT sell-off comes as investors appear to pivot from Bitcoin…

Wisconsin lawmakers have filed their second legislative attempt in two weeks to crack down on crypto kiosks, in response to a nationwide surge in fraud that they say cost victims nearly $247 million last year. Senate Bill 386, filed Monday by Senator Kelda Roys alongside six colleagues, echoes Assembly Bill 384, introduced last month by Rep. Ryan Spaude (D-Wis.) and ten co-sponsors.  The moves hint at urgency from Democrats to control digital currency terminals scattered across gas stations and grocery stores statewide.  Both bills arrive as the Treasury Department’s Financial Crimes Enforcement Network has issued an urgent alert documenting…

Alchemy Pay, a global payment gateway from fiat to crypto, has announced its strategic partnership with Reef. This collaboration aims to introduce the world’s leading fiat-crypto on-ramp into the Reef website and wallet. This initiative strives to empower users of 173 countries, giving them the authority to easily buy $REEF tokens along with other digital assets. Reef Chain 🤝 Alchemy Pay@Reef_Chain integrates #AlchemyPay’s fiat on-ramp into its site & wallet! Users can now buy $REEF with cards, Apple Pay, Google Pay, & local bank transfers across 173 countries. 🌍https://t.co/8isOEvNLbV$ACH pic.twitter.com/GpGODvUd4S — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) August 12, 2025…

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.South Korea’s decision to shelve its central bank digital currency pilot in favor of private-sector stablecoins has sparked a wave of activities among fintechs and banks. As CoinDesk previously reported, KakaoBank is weighing both issuance and custody roles, while Upbit and Naver Pay are collaborating on a payments-focused token that could help close the “kimchi premium” gap…