Author: NBTC

Bitcoin mining stocks extended their recovery in September, outpacing Bitcoin even as industry economics remain under pressure and hardware payback periods stretch longer. According to The Miner Mag’s latest industry update, shares of Cipher Mining (CIFR), Terawulf (WULF), Iris Energy (IREN), Hive Digital Technologies (HIVE) and Bitfarms (BITF) surged between 73% and 124% over the past month. By contrast, Bitcoin (BTC) slipped more than 3% over the same period. Several Bitcoin mining stocks are trading at yearly or all-time highs. Source: The Miner Mag The rally in mining stocks comes despite continued pressure on industry fundamentals. The Bitcoin network’s next…

eToro Europe Ltd. has received approval to offer cryptoasset services in Germany under the Markets in Crypto-Assets Regulation. The company announced that all cryptoasset trading for German clients will be conducted directly through eToro EU, ending the use of DLT Finance for trading services on the platform. Clients will need to accept revised Terms and Conditions to continue trading. A notification will appear upon login to confirm acceptance. Digital assets meet tradfi in London at the fmls25 Those who do not accept will lose access to trading services, but their existing holdings will remain in custody with Tangany GmbH. Assets…

Binance is nearing a new agreement to avoid the requirement of an “independent compliance auditor,” one of the most critical conditions of its $4.3 billion settlement with the US Department of Justice (DOJ). According to Bloomberg, Binance, the world’s largest cryptocurrency exchange, is in talks with the US Department of Justice to lift the obligation included in the agreement it signed in 2023 to eliminate accusations of failing to prevent money laundering. According to sources familiar with the matter, federal prosecutors are considering ending Binance’s requirement to retain an outside auditor. This development could be one of the latest examples…

LimeWire has acquired Fyre Festival, eight years after what is widely regarded as the most disastrous attempt ever at throwing a festival. Previously led by founder Billy McFarland and rapper Ja Rule, LimeWire has gutted the Fyre team and is plotting a fresh, crypto-fueled start for the controversial brand. Julian Zehetmayr, CEO of LimeWire, told Decrypt that acquisition costs totaled approximately $230,000. He warned that the team’s plans are still in their infancy as they pin down specifics in the coming months, and that he expects a more detailed announcement to be released in early 2026. What the CEO did…

Former Binance CEO and founder Changpeng “CZ” Zhao calls Central Bank Digital Currencies “outdated” in the face of stablecoin acceleration. What happened to CBDCs and why are they fading now? Summary CZ says central bank digital currencies are now “outdated” as stablecoins continue to dominate the global market. So far, at least 10 countries have halted the continuation of CBDC pilot projects due to lack of demand and other factors. During his keynote speech at the WebX conference held in Tokyo, Japan on August 25, CZ highlighted how countries have shifted their stance towards digital currencies, particularly in the case…

Blockchain indexing is a crucial process that makes decentralized application (dApp) data accessible and usable. Despite The Graph’s success, challenges remain, particularly with data portability and fragmentation across different blockchains. Blockchain Indexing: Making DApp Data Usable The rise of decentralized applications (dApps) has unlocked a new paradigm for how we interact with technology. However, building these applications comes with a fundamental challenge: accessing the vast and ever-growing amount of data stored on blockchains. Unlike traditional databases that are easily searchable with languages like structured query language (SQL), blockchain data is stored in a linear and time-ordered sequence of blocks. Finding…

Stablecoin adoption has grown in Venezuela as the government tightens controls to impose the official dollar exchange rate on businesses, which is much lower than the value of dollar-pegged tokens in P2P markets such as Binance. Stablecoin Usage Grows as Businesses Try to Stay Afloat in Venezuela Stablecoins have become useful tools in distressed economies where inflation and devaluation indices are sky-high. According to local reports, the stablecoin adoption in Venezuela has been growing steadily, driven by a devaluation process and exchange controls that price dollars in cash at a much lower price than these dollar-pegged tokens. While physical dollar…

Using blockchain technology, Fight.ID, an official partner of UFC Strike digital collectibles, connects the expanding Web3 user community with the UFC’s worldwide fan base. Through the ongoing creation of blockchain-powered products and experiences, the partnership seeks to improve UFC’s digital fan interaction. The UFC, the leading mixed martial arts (MMA) organization in the world, and Fightfi, the firm behind Fight.ID, a Web3-enabled platform created for combat sports enthusiasts and athletes, have announced an extended relationship. Through the ongoing creation of blockchain-powered products and experiences, the partnership seeks to improve UFC’s digital fan interaction. Using blockchain technology, Fight.ID, an official partner…

Get ready for a significant shift in the South Korean tech landscape! SGA, a prominent South Korea-listed company, is making a bold move, planning a transformative rebrand to Bitplanet. This exciting SGA Bitplanet rebrand follows a crucial third-party share placement. As a result, Asia Strategy Partners has emerged as SGA’s largest shareholder, signaling a new direction for the company. MTN News first reported this development, highlighting the strategic implications. What makes this ownership change particularly interesting? Asia Strategy Partners is an investment firm renowned for managing a significant portion of its corporate treasury in Bitcoin. This deep-rooted commitment to digital…

DL Holdings Group Limited has partnered with Fortune Peak Limited to expand into Bitcoin mining, marking its first significant move into digital-asset infrastructure. The Hong Kong-listed company plans to issue convertible bonds to fund the purchase of high-efficiency mining equipment. Its goal is to produce about 200 BTC annually and build more than 4,000 BTC reserves within the next two years. DL Holdings Outlines Bitcoin Mining Strategy Hong Kong-based DL Holdings Group Limited said it will collaborate with Fortune Peak Limited to enter the Bitcoin mining sector. The company intends to acquire advanced mining equipment via a convertible bond issuance.…