Author: NBTC

Brian Armstrong’s recent announcement that Coinbase would start requiring in-person orientation and restricting certain roles to US citizens generated skepticism over whether the company’s new policies would violate US anti-discrimination laws. In an interview with BeInCrypto, a Coinbase spokesperson clarified that the company is not adopting a blanket “US citizens only” policy. The changes, implemented to combat North Korean hackers, will only affect roles with access to sensitive systems. The North Korean Infiltration Threat Coinbase is preparing to adopt radical new security policies in response to an escalating threat from North Korean hackers. CEO Brian Armstrong announced last week that…

Ethereum has recently mirrored Bitcoin’s spike in volatility, facing swift rejection near its all-time high levels. This reversal has injected uncertainty into the short-term outlook, with ETH now retesting key supports that will determine whether the broader bullish trend remains intact. Ethereum Price Analysis: Technicals By Shayan The Daily Chart On the daily chart, Ethereum was rejected near its $4.8K all-time high, as heavy selling pressure, likely from profit-taking and unstaking, added to supply. The decline pushed price back toward a confluence of supports, including the ascending channel’s midline and the $4.2K demand zone. As long as ETH holds above…

Crypto venture funding declined 59% quarter-over-quarter to $1.976 billion in the second quarter across 378 deals. According to a Galaxy report, last quarter was the second-smallest investment quarter since the fourth quarter of 2020. Later-stage deals captured 52% of total capital invested, representing only the second time since the first quarter of 2021 that mature companies received more funding than early-stage startups. The dramatic quarterly drop appears less severe when accounting for unusual activity registered in the first quarter, which included MGX’s $2 billion investment in Binance. Excluding that sovereign-connected fund deal, the second quarter funding decreased 29% from the…

China’s stablecoin push is a defensive move against US dollar dominance. The US GENIUS Act is the key trigger for Beijing’s recent policy shift. The experiment will be limited to offshore markets like Hong Kong. A seismic shift is underway in Beijing. The Chinese government, long a staunch opponent of private cryptocurrencies, is now being forced to reluctantly enter the stablecoin arena. But this is not a newfound love for digital assets; it is a calculated and defensive masterstroke in the escalating global war for currency supremacy—a direct response to a power play from Washington that threatens to cement the…

Exciting news from the world of cryptocurrency! South Korea’s leading crypto exchange, Bithumb, has just announced a significant step forward in enhancing market integrity. They’ve officially added Deepcoin to their esteemed list of exchanges that are fully integrated with their robust Travel Rule compliance solution, CODE. This development marks a crucial advancement in achieving greater regulatory adherence across the digital asset ecosystem. This isn’t Deepcoin’s first rodeo when it comes to regulatory adherence. With this latest integration, Deepcoin has now successfully achieved Travel Rule compliance with three major South Korean exchanges: Bithumb, Coinone, and Gopax. Furthermore, it supports deposits and…

Speculators have built the largest leveraged short position in Ethereum (ETH) history, raising concerns about the cryptocurrency’s near-term outlook. According to the latest CME CFTC data shared on August 18, net leveraged short positions on Ether have surged to a record -18,438 contracts. The data highlighted a sharp rise in bearish bets throughout 2024 and into 2025, as institutional traders appear to be positioning against Ethereum more aggressively than ever before. Notably, the surge in shorts points to growing skepticism about ETH’s ability to sustain its valuation. While such extreme positioning often signals deep bearish sentiment, it can also set…

One of the top Strategy (formerly MicroStrategy) influencers has sold his position and called founder Michael Saylor a liar. Josh Mandell, who has over 140,000 followers on X and is frequently praised in subreddits like r/MSTR as a key voice on the company, went viral today after claiming that Strategy executives have reneged on solemn forward guidance. As previously reported by Protos, Saylor decided to modify slide 96 of the company’s July 31 earnings presentation. Critically, he changed the company’s guidance to not dilute common (MSTR) shareholders while MSTR trades at a multiple-to-Net Asset Value (mNAV) between 1x and 2.5x.…

Law firm Fenwick & West has denied accusations from an updated class-action lawsuit alleging it was central to the crypto exchange’s fraud and eventual collapse. Earlier this month, FTX users asked to update their suit against Fenwick, first filed in 2023, claiming new information from a bankruptcy and criminal case shared evidence that the law firm “played a key and crucial role in the most important aspects of why and how the FTX fraud was accomplished.” Fenwick told a Florida federal judge in a filing on Monday that the court should deny FTX users’ request to update a suit against…

Binance, one of the world’s largest cryptocurrency exchanges, continues to periodically review the trading pairs it lists in order to maintain transaction quality and protect its users from possible risks. Binance to Delist Three Spot Trading Pairs on August 29th The exchange announced that some spot trading pairs will be removed from the platform, citing factors such as low liquidity and insufficient trading volume. According to the statement, the following spot trading pairs will be delisted from the exchange at 09:00 on August 29, 2025: BABY/BNB NXPC/FDUSD SXT/FDUSD Binance emphasized that the delistings in question only cover the relevant trading…

A cryptocurrency investor turned a $125,000 stake into a multimillion-dollar profit trading Ether on a decentralized exchange, even as whales began locking in gains after the recent rally. The savvy trader turned an initial investment of $125,000 into over $43 million at its peak in just four months before the latest market downturn hit his Ether (ETH) long position. Despite the market downturn, the savvy trader closed all his positions, locking in a net profit of $6.86 million on Monday, generating an impressive 55-fold return on his initial investment, according to blockchain data platform Lookonchain. After depositing the initial $125,000…