Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Pendle partners with four decentralized finance innovators to automate and simplify yield strategies. The alliance introduces Agentic DeFi – a user-centric approach to earn in the new finance space. The tokenization platform continues to transform how investors leverage decentralized income channels. Pendle, known for the trading and tokenization of future yield, has made a bold step toward making advanced yield strategies accessible to all users on its platform. The protocol confirmed the arrival of Agentic DeFi today (October 14), marking a shift in how individuals can access and benefit from innovative yield strategies. Agentic DeFi has arrived on Pendle. Together,…
India cracks down on crypto traders; 400+ high-net-worth individuals face scrutiny as Binance data exposes undeclared offshore profits. Offshore crypto anonymity ends in India; traders urged to reconcile holdings and file ITR-U to avoid penalties under new tax enforcement rules. India’s tax authorities are intensifying scrutiny on cryptocurrency traders, targeting high-net-worth individuals who allegedly hid profits on offshore exchanges. The Income Tax Department has launched investigations into over 400 traders accused of failing to declare cryptocurrency gains between 2022 and 2025. The Central Board of Direct Taxes (CBDT) has reportedly asked these individuals to submit detailed reports by October 17.…
TL;DR Axie Infinity has launched five new bounties on App.axie, active since October 13, offering up to 520 reward points across different activities. The update strengthens Axie Quest, a community-developed game that blends RPG and Match3 mechanics with Axie’s core integrations. The transition to a unified Bounty Board system is nearing completion, with the merger of the Standard and Premier boards expected by the end of the month to streamline rewards and engagement. The rollout of new quests and objectives signals growing momentum for community participation within the Axie ecosystem. Players can now access five distinct bounties tied to combat,…
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has secured a Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE), the exchange said on Thursday. Bybit becomes the first crypto exchange to obtain this full license from the SCA, the company said in a press statement. A number of crypto firms with operations in Dubai are regulated under the VARA framework. The SCA regulation is wider in scope as it applies on the UAE mainland, and applies to entities outside Dubai’s jurisdiction under VARA. (ByBit also has a provisional license…
UC San Diego and the University of Maryland researchers have reported findings showing that roughly half of GEO satellite downlinks carry data without encryption. Further, data interception can be reproduced with just $800 of consumer hardware. Per WIRED, the team captured telco backhaul, industrial control traffic, and law-enforcement communications, and reported fixes to affected providers where possible. UCSD’s Systems and Networking group lists the paper “Don’t Look Up” for CCS 2025 in Taipei, reinforcing that this is not a lab curiosity but a documented, peer-reviewed disclosure pipeline. The method targets legacy satellite backhaul rather than any single application layer. Moreover,…
Ethereum (ETH) has continued its strong upward momentum, climbing beyond $4,500 in recent sessions and approaching a new all-time high. The second-largest cryptocurrency by market capitalization is showing signs of renewed investor optimism. However, whether it can surpass $5,000 will depend on maintaining key technical and psychological levels. Ethereum Holders May Not Sell Currently, about 97% of Ethereum addresses are in profit. Historically, when this percentage crosses the 95% mark, it signals a potential market top as investors begin realizing gains. In past cycles, this level often preceded short-term reversals as traders moved to secure profits. However, Ethereum’s resilience amid…
Bitcoin mining company CleanSpark secured its second $100 million credit line this week without issuing new shares, highlighting the growing role of digital assets as collateral in mainstream finance. The latest facility, disclosed Thursday, was arranged with Two Prime, an institutional Bitcoin (BTC) yield platform, and is backed entirely by CleanSpark’s Bitcoin treasury. With this agreement, CleanSpark’s total collateralized lending capacity is now $400 million. The non-dilutive nature of the financing is particularly notable. Public companies often raise growth capital through equity offerings, which can dilute existing shareholders’ stakes. By using its nearly 13,000 BTC holdings as collateral instead, CleanSpark…
The Hong Kong Legislative Council has published a special bulletin that details the latest developments regarding stablecoins in the region, including renminbi-backed stablecoins. Summary Hong Kong’s Legislative Council’s latest report included plans to seek central government support for the issuance of offshore RMB-backed stablecoins. Major Chinese state-owned enterprises such as PetroChina and the Bank of China have shown interest in obtaining stablecoin licenses to issue their own stablecoin pegged to the Chinese currency. On Oct. 13, the legislative council released a document called the “special report” which consists of major government policy initiatives and hot social issues, and provide the…
Momentum Finance, the leading decentralized exchange on Sui, has announced plans for its upcoming MMT Community Offering on Buidlpad. Summary MomentumFinance will raise $4.5 million via its MMT community token sale on Buidlpad.. Earlycampaignparticipants gain Tier 1 access at a lower valuation and higher contribution limits. The sale cements Momentum’s community-first approach, reinforcing its status as Sui’s leading DEX with over $550M in TVL. The token sale is designed to give real users, not venture capital firms, the first opportunity to own a stake in Sui’s fastest-growing decentralized finance ecosystem. According to an Oct. 10 announcement from Momentum Finance, the…
Since August this year, Ethereum has been forced to bounce off the same downward trendline four times, with each rejection resulting in a decline. Value remains near its early October 2025 level near 4,300, but ETH is unable to break past that point. It is an interesting query: is the fourth rejection a sign of a looming collapse or is ETH piling momentum on the breakout? This pattern of rejection is a critical turning point as pointed out in the work of technical analysts such as Ali Charts. At the point where price tries to hit the same level many…