Author: NBTC

A stunning development has shaken Taiwan’s cryptocurrency sector: the nation’s largest exchange, BitShine, faces a major investigation. Prosecutors are currently probing BitShine for alleged involvement in a massive BitShine money laundering scheme. This news sends ripples across the digital asset world, prompting serious questions about security and regulatory oversight. Unpacking the BitShine Money Laundering Allegations Local reports from udn.com reveal that Taiwanese prosecutors are actively investigating BitShine. The exchange stands accused of facilitating money laundering activities totaling an astonishing 2.3 billion TWD, which translates to approximately $70 million USD. This extensive probe spans from early 2024 to April 2025. Authorities…

Is Jack Dorsey’s Bitchat really a chat app, or an experiment in how digital society might look without central authorities at all? Summary Jack Dorsey’s experimental messenger Bitchat is expanding from short-range Bluetooth mesh into location-based chat, grouping users by geohashes and giving them temporary pseudonyms. Bitchat positions payments as part of messaging itself, offering potential use cases from spam control to neighborhood trade, while aligning with Bitcoin’s principles of privacy and resilience. Challenges remain around Apple’s in-app payment rules, privacy risks from repeated geohash use, Lightning’s shrinking capacity optics, and the sustainability of independent Nostr relays. Whether Bitchat evolves…

For most of its history, bitcoin has been prized as digital gold: an asset to hold rather than use. That passivity has left trillions of dollars’ worth of BTC sitting idle in wallets, disconnected from the yield strategies and composability that define decentralized finance (DeFi). The rise of liquid staking tokens promises to change that, positioning bitcoin not only as a store of value but as a productive asset integrated into onchain capital markets. Liquid staking refers to the process of uses offering their crypto to help secure a network, and receive a liquid, tradable token in return that represents…

European Union policymakers are discussing ramping up efforts to introduce a digital euro as the U.S.’ new stablecoin law intensifies pressure on the bloc to keep up the pace in the fast-moving world of digital money, the Financial Times reported, The U.S. Congress last month approved the GENIUS Act, a framework for the $288 billion stablecoin sector dominated by dollar-pegged tokens like Tether’s USDT and Circle Internet’s (CRCL) USDC. The move caught many in Europe off guard, according to people familiar with the talks, and sparked concerns that dollar-pegged tokens could tighten America’s grip on cross-border payments if the EU…

Imagen Network, a decentralized AI platform that combines blockchain technology with AI, today announced a strategic alliance with Runesoul ARPG, a Web3 gaming platform. With this partnership, Runesoul wants to improve the capability of its gaming ecosystem by integrating Imagen Network’s advanced AI capabilities into its real-time combat games. Imagen Network is a decentralized AI platform operating to improve Web3 user engagement through personalized insights, content curation, and high-speed on-chain processing. Its platform focuses on transparency, flexibility, and user-focused engagements. On the other hand, Runesoul is a crypto gaming platform that integrates real-time strategy executions, dramatic, emotional battles, and endless…

Wormhole’s $120 million USDC offer for Stargate changes the conversation around DeFi acquisition strategy. By topping LayerZero’s $110 million ZRO token-swap proposal with an all-cash deal, Wormhole’s bid ensures STG holders immediate access to liquidity, eliminating the uncertainty and conversion risk that comes with token swaps. This kind of certainty matters, especially when staked rewards and ongoing protocol performance are on the line. Need for Fair DeFi Acquisition Process The cash offer isn’t just about outbidding LayerZero. Wormhole bid is pushing for a more deliberate process, requesting a five-day pause on the Snapshot vote to review Stargate’s financials, bridge volume,…

The United States Department of Justice has signaled its intent to scale back enforcement actions against developers, marking a shift from its years-long approach that has targeted several industry members. Summary The DOJ will no longer target software developers for the misuse of their applications by bad actors, provided the developers have no criminal intent. Acting Assistant Attorney General Matthew Galeotti confirmed that neutral, non-custodial software will not trigger prosecution under money transmission laws. The policy shift responds to concerns raised by the industry over past cases, such as Tornado Cash and Samourai Wallet. Speaking at the American Innovation Project…

Cache Wallet has signed a strategic partnership with Web3 Decision; the collaboration is designed to transform the way users and institutions access blockchain security, recovery, and intelligence. We’re happy to announce a groundbreaking collaboration between @CacheWallet_HQ and @web3decision two innovators redefining the future of security, recovery, and intelligence in Web3.Why this matters:Billions in crypto are lost every year due to forgotten seed phrases,… pic.twitter.com/LYeTwQUujC — Cache Wallet (@CacheWallet_HQ) August 22, 2025 The strategic alliance will focus on a market losing billions of dollars annually in digital assets due to forgotten seed phrases, compromised keys and outdated custody frameworks. Tackling a…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Believe it or not, DeFi has a transparency problem. Transparency is one of the cornerstones of decentralized finance, but radical transparency also comes with unintended costs. While it may be fine for pseudonymous retail users, it creates strategic friction for capital allocators, institutional players, and protocol builders. Summary Transparency has hidden costs: In DeFi, wallet doxxing, alpha leakage, and MEV extraction turn “openness” into a disadvantage, compromising privacy, safety, and competitiveness. Unfair market dynamics: Public mempools enable…

Although the Stablecoin Ordinance was initially introduced in Hong Kong on the first of August 2024, it became officially enacted on August 1 2025. Given that it is the first major financial center to launch a framework specific to stablecoins, the city seeks to enhance investor protections and consistency as well as establishing itself as a frontrunner in this field compared to other cities such as Singapore, and Dubai. The ordinance binds that only licensed issuers are capable of operating in the region, with 100 percent reserves of high quality liquid assets in the form of cash or short term…