Author: NBTC

A colossal USDC transfer, totaling nearly $993 million, recently made headlines, moving from Binance to an undisclosed wallet. This significant event, flagged by Whale Alert, underscores the dynamic and often opaque nature of large-scale cryptocurrency movements. For anyone tracking the digital asset space, such a substantial Binance USDC withdrawal immediately garners attention. What Exactly Was This Massive USDC Transfer? On a recent day, the blockchain tracking service Whale Alert reported an astonishing 992,999,899 USDC transfer. This monumental sum, valued at approximately $993 million, originated from the popular cryptocurrency exchange Binance. It then flowed into an address classified only as an…

A popular crypto market expert believes Ethereum could rally high in the coming months, citing adoption and technical patterns. According to Altcoin Daily, Ethereum may rally to $5,600 by November, driven by strong institutional demand and historical post-halving performance. The crypto news outlet highlighted that Ethereum has not yet surpassed its all-time high but shows signs of building momentum. In the video, the host cited Bitwise CIO Matt Hougan, noting that while August is historically one of the weakest months for crypto, it often sets the stage for substantial gains in the following months. They suggest any short-term dip could…

As RWAs cement themselves as crypto’s second-fastest-growing sector, a who’s-who of fintech and blockchain heavyweights are launching Ascend, a hyper-selective program designed to turn startups into the standard-bearers of institutional adoption. Summary Ascend is a new elite accelerator for real-world asset (RWA) startups with live products and institutional goals. Backed by Odisea, Plume, Galaxy Ventures, and Anchorage Digital, it will admit only 6–8 teams per cohort. According to a press release shared with crypto.news on August 4, Odisea has teamed up with an all-star roster of backers, including Plume, Galaxy Ventures, and Anchorage Digital, to launch Ascend, an accelerator exclusively…

The White House’s long-awaited report on cryptocurrency policy recommendations that could bring an end to years of regulatory uncertainty for digital asset firms, many of which have struggled with unclear guidance around securities laws. US President Donald Trump’s Working Group on Digital Assets released its crypto policy report last Wednesday, which outlines recommendations on market structure, banking regulations and methods to bolster the US dollar’s dominance through stablecoins and crypto tax laws. One of the report’s key proposals is a clearer division of responsibilities between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The…

VitaminAi, a popular AI agent marketplace, has announced its latest collaboration with WildGo, a prominent MemeFi and play-to-earn platform. The partnership aims to introduce a robust, retro-inspired, fast-paced pinball game to benefit the Web3 community. As the platform revealed in its official social media statement, the VitaminAi Pinball Game fuses the cutting-edge Web3 aesthetic as well as the exclusive effort to gamify the user experience. Additionally, the collaboration presents a seamless convergence of AI and Web3 landscapes. 🚀 New Partnership! 🎮We’ve teamed up with @wildgocoin to bring some arcade magic to the VitaminAi community!🔥 Introducing the VitaminAi Pinball Game –…

Attention crypto enthusiasts and FCT2 token holders! A significant announcement from South Korea’s leading Upbit crypto exchange is making waves. Upbit has confirmed a temporary Upbit FCT2 suspension of deposits and withdrawals, a move that directly impacts those holding or trading this digital asset. Understanding the details of this suspension is crucial for managing your crypto assets effectively. What’s Happening with the Upbit FCT2 Suspension? Upbit, a prominent South Korean cryptocurrency exchange, officially announced a temporary halt to FCT2 token deposits and withdrawals. This specific action is set to commence on August 21st at 03:00 UTC. The exchange has communicated…

Velo Universe Hybrid DEX has achieved a significant milestone in the landscape of decentralized finance. The platform aims to set a new benchmark in the innovation of Web3 trading, going ahead of the $1 billion USDV. Velo Universe Hybrid DEX 🧑‍💻 is revolutionizing Web3 trading, surpassing a $1 billion USDV milestone with its innovative features. ◻️ Here’s why traders choose Velo ◻️1. Hybrid Powerhouse: Combines centralized trading’s speed with decentralized security for a seamless, secure… pic.twitter.com/3oStjfFh6H — Velo Official (@veloprotocol) August 4, 2025 Velo Official is a renowned platform for integrating the speed of centralized exchanges into the security of…

Ethereum’s strong performance in the second quarter is a testament to rising institutional demand, according to analysts. But futures data shows a divergence as retail investors appear to be on the sidelines. The primary drivers of this divide are a lack of capital, unequal access to information, and a difference in mindset between the two cohorts, according to experts who spoke to Decrypt on Tuesday. At the time of writing, Ethereum is overcoming macro headwinds, undoing last week’s losses with a 7.75% jump from Sunday’s low, according to CoinGecko. ETH is currently changing hands for $3,661.11 after having gained 3%…

Former UK Chancellor George Osborne warned that the country was “falling behind” in the global crypto race. The ex-British Finance Minister further cautioned that the UK risked “becoming irrelevant.” He added that the U.S., the UAE, and Asia were on top of their crypto game. Osborne urged Chancellor Rachel Reeves and the BoE (Bank of England)’s Governor Andrew Bailey to steer Britain out of the “slow lane”. He asked Reeves to set up a stablecoin framework, adding that it was “time to catch up”. The former Tory Chancellor claimed that the UK had become the “world’s financial center” because it…

The Philippines Securities and Exchange Commission (SEC) said it may take action against crypto exchanges including OKX, ByBit and Bitget for operating without appropriate registration and warned the public against using the platforms. In a notice dated Aug. 4, the commission also named Mexc, Kucoin and Kraken as being accessible without being registered and, in some cases, actively marketing their services to residents. Other platforms it didn’t identify are also active in the country, it said. The agency’s rules for the crypto sector came into effect on July 5. The regulations require firms to have the necessary authorization before offering…