Author: NBTC

Have you ever heard of ‘kimchi coins’? If you’re tuned into the global cryptocurrency scene, especially concerning Asia, you might have. These are cryptocurrencies issued by domestic entities in South Korea, and they’ve long been a unique part of the nation’s vibrant digital asset market. However, a significant and dramatic shift has been underway since 2021, with major South Korean crypto exchanges sharply reducing their listings of these local tokens. This change isn’t just a minor blip; it reflects a profound evolution in one of the world’s most active crypto markets, driven primarily by new regulatory frameworks. What Are ‘Kimchi…

Neo SPCC has released updates for multiple NeoFS components, including the node, REST gateway, S3 gateway, and Panel application. Changes span dynamic block configuration, SDK upgrades, and metadata handling, alongside compatibility with the v2.18 API. NeoFS node The latest NeoFS node release, v0.48.0, introduces dynamic block time support for NeoFS networks and full compatibility with API v2.18. The embedded Inner Ring consensus node now supports a max_time_per_block configuration option to make use of the change. Additionally, the Inner Ring now bases epoch ticks on real time rather than block count. Significant behavioral changes affect SN and IR verification processes. SN…

For the first time ever, MicroStrategy admitted that over the course of a single week, it diluted all four classes of the company’s public securities. The liquidations are classed as accretive dilution because the sales allow the company to buy slightly more bitcoin (BTC) than the proceeds of its sales. This is only possible, of course, because investors bid up its shares to a premium to its BTC holdings, and founder Michael Saylor obviously hopes to continue attracting bids that maintain it. The company made $472 million in net proceeds by dumping shares of MSTR, STRK, STRF, and STRD at-the-market…

Bitcoin is no longer mere passively stored value. BTCfi is a new product by Sui Network that transforms Bitcoin into DeFi active capital. Users are able to trade, stake, lend, or compile complex tactics. Such a transition opens new opportunities of additional yield to the long-term stashers of Bitcoin. According to the Chainlink news, the activity on the Bitcoin network is likely to expand by 15 percent. Programming of Move Power Move eliminates these flaws through the secure ownership of digital assets. A study carried out by the Cybersecurity Journal in 2022 affirmed the reduced exploit risks. The developers have…

A recent HSBC analysis shows that the euro is becoming a reliable safe haven asset, ranking just behind gold and above Bitcoin. In a study led by the bank’s analysts, including Max Kettner, HSBC used millions of portfolio simulations and a method called bootstrapping to assess how different assets perform during market volatility. Notably, the euro came out as the second most effective asset for protecting multi-asset portfolios, only slightly behind gold. HSBC: Euro Now an Emerging Safe Haven Kettner and his team pointed out that the euro now shows the same level of defensive strength as the Swiss franc,…

Indian Government has collected ₹437 crore in crypto taxes by using AI. The country is further strengthening its transparency in digital assets space. India’s Income Tax Department is now using artificial intelligence (AI) and data tools to catch people trying to avoid paying taxes on cryptocurrencies. In a recent update to the Parliament, the government revealed that it has collected ₹437 crore in crypto taxes by using AI. In an interview with Economic Times, Ravi Agrawal, Chairman of the Central Board of Direct Taxes, said that India is using new technologies like machine learning and digital forensics to track suspicious…

Professional Capital Management founder and CEO Anthony Pompliano says that Bitcoin (BTC) has become the “greatest show on Wall Street.” In a new interview with CNBC’s Squawk Box, Pompliano gives three reasons why BTC is leading the crypto markets to new all-time highs. “First of all, welcome to The Greatest Show on Wall Street. I think Wall Street’s full, undivided attention is now on Bitcoin. And really, there are three things that drove this move. The first is that there have been record inflows into the ETFs (exchange-traded funds). Last Thursday alone saw $1.2 billion—the second-highest day ever. Those ETFs…

Ether.fi, a platform offering restaking services with over $10 billion in TVL, has introduced one-click cross-chain vault deposits. This new feature is made possible through the integration of a widget developed by Enso, with technical support from LayerZero and Stargate. The Enso widget simplifies the process of depositing assets into Ether.fi vaults by reducing what was previously a multi-step process to a single action. Users can now deposit funds from any blockchain without needing to convert or move tokens manually. This feature is designed to improve user experience by removing technical barriers and making the process faster and easier. The…

Some 18% of Polish citizens have already put money into crypto assets, according to Warsaw’s own estimates made public during a parliamentary debate on Poland’s upcoming cryptocurrency regulations. Members of the Sejm, the lower house of parliament in Poland, are considering a government-sponsored piece of legislation meant to regulate cryptocurrencies like Bitcoin in the country and the economy built around the digital assets. Bill No. 1424 was filed on June 26 and submitted for first reading in the chamber on July 7, the Polish crypto news outlet Bitcoin.pl reported Wednesday. On July 22, deputies launched the long-awaited debate on the…

With crypto policy now representing one of President Donald Trump’s most concrete achievements in his second term, the White House is reportedly gearing up toward further moves to affix digital assets into a more prominent role in the U.S. economy. Trump is widely expected to soon issue an executive order that calls for American’s retirement plans — the 401(k)s that represent a vast segment of U.S. investing — to open further to less traditional assets, which reportedly may include cryptocurrencies. If that comes to pass, it could ease a major portion of the investing public into digital assets, though it…