Author: NBTC

A $61.3 million transfer of XRP just left Upbit, South Korea’s largest crypto exchange. For a moment, it had the entire community talking. Blockchain trackers flagged the move of 19 million XRP as heading to an “unknown wallet,” sparking the usual round of speculation. Further investigation revealed that the funds never actually left Upbit’s orbit but were instead shuffled between the exchange’s own subwallets. For a platform handling over $4.57 billion in daily spot volume, these kinds of internal transfers are not uncommon, but the size and timing of this one stood out. XRP is one of Upbit’s busiest markets,…

In July, U.S. tariff revenue soared over 300% to a record $29.6 billion, bringing the total raised since March to over $100 billion. Record Tariff Revenue vs. Widening Deficit In a stunning fiscal surge, U.S. tariff revenue skyrocketed by over 300% in July alone, reaching an unprecedented $29.6 billion in a single month. The record-breaking figure lends strong support to President Donald Trump’s long-held claim that imposing tariffs on imports can serve as a powerful revenue-generating tool for the federal government. With this latest windfall, total tariff income since March has now exceeded $100 billion, marking a significant milestone in…

President Donald Trump’s crypto adviser, Bo Hines, exited after only months on the job, and the next in line — his deputy, Patrick Witt — will apparently be shepherding the industry’s political priorities in Washington as it still seeks industry-wide regulations and the institution of a federal crypto stockpile. Witt shares a remarkably similar history with Hines – both ex-football stars who played at Yale before seeking law degrees and falling short in bids for Congress. Witt had a brief stint as a free-agent quarterback for the New Orleans Saints after leading the Yale Bulldogs team that Hines later played…

Web3 gaming funding surged significantly in July, but over half of the total went to a single project, showing a concentration of investment in the sector, according to blockchain analytics platform DappRadar. An Aug. 14 research report by DappRadar analyst Sara Gherghelas revealed that web3 gaming projects raised $60 million in July, a 94% increase from the previous month. And while the overall number suggests a boost in the sector, over half of the funding was concentrated in a single project. Distinct Possibility Studios secured $30.5 million for its first web3 title, Reaper Actual, an open-world MMOFPS on Tezos, in…

Attention cryptocurrency enthusiasts! A significant announcement has emerged from South Korea’s leading crypto exchange, Upbit, impacting users of the promising Berachain network. Upbit has confirmed an urgent Berachain suspension, specifically halting BERA deposits withdrawals, effective August 27th at 09:00 UTC. This move is crucial for supporting an upcoming network upgrade, ensuring the long-term health and efficiency of the Berachain ecosystem. Why is Upbit Implementing This Berachain Suspension? Upbit’s decision to temporarily suspend BERA deposits withdrawals is a standard procedure in the world of decentralized finance. It primarily aims to facilitate a seamless and secure network upgrade for Berachain. These upgrades…

The yen (JPY) strengthened against the dollar (USD) and bitcoin after U.S. Treasury Secretary Scott Bessent said the Bank of Japan is behind the curve on inflation and will probably have to raise interest rates.“The Japanese have an inflation problem  … They’re behind the curve, so they are going to be hiking, and they need to get their inflation problem under control,” Bessent said during an interview with Bloomberg TV. Bessent’s take contrasts with that of BOJ Governor Kazuo Ueda, who has justified moving slowly on rate increases because underlying inflation, which focuses on the strength of domestic demand and…

According to breaking news, Terra (LUNA) founder Do Kwon has pleaded guilty to two counts of fraud and software fraud. Terraform Labs co-founder Do Kwon, who is on trial in the US in connection with the collapse of the TerraUSD stablecoin, has pleaded guilty to two counts of “conspiracy to defraud” and “wire fraud.” At the hearing in New York’s Southern District Federal Court, it was stated that Kwon could not appeal a sentence of 25 years or less, according to the agreement he made with the prosecutor’s office. Furthermore, if he pleaded guilty and did not commit any new…

Terra Luna Classic (LUNC) is set to embark on the v3.5.0 upgrade to enhance its previous developments on August 15. Binance has confirmed its support for the upgrade as it announces the decision to suspend deposits and withdrawals during this period. Crypto exchange Binance has announced support for the upcoming Terra Luna Classic (LUNC) blockchain upgrade on August 15, disclosing that it would suspend all deposits and withdrawals of tokens on the network to ensure a smooth experience. In a short announcement, Binance explained that the upgrade would occur at 15:30 UTC at the block height 24,660,000. Within the period,…

After a sharp rally toward $3,900 in July, Ethereum price has entered a consolidation phase that has formed a symmetrical triangle on the 4-hour chart. With price now hovering near the $3,620 zone, Ethereum price today is nearing the apex of this structure, suggesting that a decisive move may be imminent. Ethereum Price Forecast Table: August 7, 2025 What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the 4-hour chart, ETH is currently compressing between rising and descending trendlines, forming a clean symmetrical triangle. This pattern has historically preceded strong directional moves, and with price trading around $3,620,…

Soramitsu, a Japan-based blockchain developer, will help the government of Pakistan build its central bank digital currency effort, after having been involved in similar projects. The Pakistan CBDC pilot is being implemented with offline payment capabilities in mind. Japan-Based Soramitsu Enlisted to Create Pakistan CBDC More countries are developing their central bank digital currencies (CBDCs), bringing their payment infrastructures to the digital age. Pakistan, the 25th largest economy in the world, has enlisted the help of Soramitsu, a Japan-based leader in blockchain technology, to structure and launch a digital rupee pilot that will run on top of the company’s CBDC…