Author: NBTC

Coin mixers have captured the attention of both the cryptocurrency community and regulators as the battle for privacy ramps up. In 2021, the founder of coin mixer Bitcoin Fog was arrested on charges including money laundering and operating a money transmission business without a license. A year later, the U.S. Treasury Department issued sanctions against Tornado Cash, an Ethereum coin mixing service, effectively banning Americans from using it. In a landmark ruling in November 2024, the U.S. Fifth Circuit Court ruled that the Treasury had overstepped by sanctioning Tornado Cash’s smart contracts, although its broader designation remained intact. In a…

Exciting news for European crypto enthusiasts! Binance, the world’s leading blockchain ecosystem, has just rolled out a game-changing feature that simplifies how you access your funds. Now, you can enjoy near-instant crypto withdrawals directly to your Mastercard accounts. This update is a significant leap forward, making crypto to fiat conversion faster and more convenient for millions across the continent. Forget long waiting times; your digital assets can now become spendable cash in a flash, streamlining Binance Mastercard withdrawals for eligible users. What’s the Big Deal with Binance Mastercard Withdrawals? Binance’s new “Buy & Sell” service is designed to bridge the…

ETH derivatives show weak momentum despite strong ETF inflows. Ethereum’s network activity and TVL continue to decline. Technical analysis hints at long-term upside, but traders stay cautious. Ethereum (ETH) has seen a strong price surge in recent weeks, gaining more than 54% over the past month and trading at around $3,755 at press time. However, despite this rally and strong spot ETF inflows, derivatives market data paints a very different picture, casting doubt on whether Ethereum can break through the psychologically significant $4,000 level any time soon. In essence, the disconnect between bullish institutional inflows and weak derivatives metrics raises…

Ethena’s synthetic stablecoin, USDe, has crossed $8.4 billion in supply, adding more than $3.14 billion over 20 days in a surge that outpaced flows into BlackRock’s (BLK) flagship bitcoin and ether exchange-traded funds. According to on-chain data curated by the Ethena community, the supply increase since July 17 is the fastest period of growth since the protocol’s inception in February 2024. Inflow into the yield-bearing stablecoin exceeds the $2.75 billion added to BlackRock’s ether ETF (ETHA) and the $1.60 billion into its bitcoin ETF (IBIT) in the same period, making the DeFi-native stablecoin the biggest magnet for capital across both…

US President Donald Trump is set to sign an executive order on Thursday instructing federal bank regulators to identify and fine financial institutions that engaged in “debanking.” According to Bloomberg on Thursday, citing a senior White House official, regulators will be required to review complaint data, while financial institutions under the purview of the Small Business Administration will be asked to make efforts to reinstate clients who were unlawfully denied banking services. Debanking has been a key concern among some political groups, who argue that businesses such as gun manufacturers and fossil fuel companies have been denied banking services for…

The cryptocurrency world constantly evolves, bringing new opportunities for participants. A significant development recently emerged with the launch of the USD1 Points Program by World Liberty Financial (WLFI) on the popular Gate.io Exchange. This initiative aims to engage users by offering various ways to earn valuable DeFi Rewards, enhancing the utility of the USD1 token within the broader digital asset landscape. It marks an exciting step for those looking to expand their involvement in crypto through innovative earning mechanisms. What Exactly is the USD1 Points Program? World Liberty Financial (WLFI), a DeFi project reportedly linked to the Trump family, made…

Ether (ETH), the native token of the Ethereum blockchain that turned 10, just had its best July performance in three years. The second largest cryptocurrency climbed more than 50% in July, peaking at $3,940 before easing below $3,800 towards the end of the month. The last time ETH rose this much in a single month was July 2022, rebounding from the depths of the crypto crash marked by high-profile implosions of Terra-Luna, Three Arrows Capital and Celsius. ETH monthly returns (CoinGlass) This time, the rally has a different driver with money pouring in from capital markets. U.S.-listed spot ETH exchange-traded…

The Pakistan government has recently made another crucial decision to induct crypto into the country’s mainstream financial sector. As per the latest reports, the Pakistani authorities are planning to increase the crypto incorporation by commencing official adoption in banking, gold trading, and forex operations. This development highlights the country says welcome to Web3 technologies in a bold move to bolster its economic status. This initiative is anticipated to be highly impactful as the country will also allow financial institutions to legally offer crypto services by providing them with licenses. PCC CEO Reveals Pakistan’s Plan for Mainstream Crypto Adoption In this…

Solana Labs and Jito Labs have been served a Pump Fun lawsuit accusing the two firms of acting as “co-conspirators” in the memecoin platform’s alleged $1.5 billion illegal casino enterprise. Legal firm Wolf Popper, who filed the lawsuit alongside fellow legal firm Burwick Law last month, served the defendants this week. Defendants will now have 21 days after being served to file a response or motion. Alongside the two crypto firms, Solana Foundation’s General Counsel, Executive Director, and Head of Communications, Yelena Cavanaugh, Dan Albert, and Austin Federa, respectively, have also been served. Read more: Pump Fun judge questions Burwick…

South Korea-based cryptocurrency exchange Upbit announced that it will launch the digital asset Story(IP) in KRW, BTC and USDT pairs on August 8, 2025. Upbit Will List Story(IP) Coin on KRW, BTC and USDT Markets According to the exchange’s statement, IP token deposits will begin within 1 hour and 30 minutes of the announcement, with transaction support becoming active at 1:00 PM Turkish time. Deposits and withdrawals can only be made via the IP-Story network. Transaction Restrictions and Price Information Buy orders will not be allowed for the first 5 minutes after the start of trading support. Again, in the…