Author: NBTC

Key Takeaways Justin Sun challenges Bloomberg over intent to publish sensitive financial information. The lawsuit centers on alleged violations of confidentiality agreements and concerns over personal security risks. TRON founder Justin Sun filed a lawsuit against Bloomberg in Delaware federal court, seeking to block the media company from publishing a detailed breakdown of his crypto holdings. The lawsuit, filed August 1, 2025, arose after Bloomberg sought to include Sun in its Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest individuals, according to software engineer and crypto researcher Molly White, who first shared the filing. Sun claims he shared…

Major crypto exchange Coinbase has unveiled new listings in the last 24 hours. In a recent tweet, Coinbase stated that “Sends and receives” of USDC on Base are now available to New York residents on Coinbase in the Coinbase iOS and Android apps. Sends and receives of USDC on Base are now available to New York residents on https://t.co/CD3RBjtMAO & in the Coinbase iOS & Android apps. — Coinbase Assets 🛡️ (@CoinbaseAssets) August 13, 2025 The move is boosted by Coinbase’s Virtual Currency Business Activity license from the New York State Department of Financial Services. In another announcement, Coinbase stated…

Fundstrat’s Tom Lee acknowledges research suggesting Ethereum may reach its record high if it returns to the 2017 price ratio against Bitcoin. The prediction came during a CNBC interview on Bitmine’s increasing ETH accumulation. Fundstrat’s Tom Lee cited internal research suggesting Ethereum’s value could quadruple and reach $16,000 if it returns to its 2017 price ratio against Bitcoin. Analyst Ties Ethereum Price to Historic Ratio Tom Lee referred to a new presentation by Sean Farrell, Fundstrat’s head of digital asset strategy. Farrell’s analysis suggests Ethereum could reach $16,000 if it regains its 2017 ETH/BTC ratio peak of 0.14. While Tom…

The SEC continues to chug along nicely under the crypto-friendly regime led by new chair Paul Atkins. The agency’s latest regulatory greenlight came in as it accepted the filing for the Invesco Galaxy Spot Solana ETF, a proposed exchange-traded fund (ETF) designed to track the spot price of Solana (SOL). The SEC has said it has received and is reviewing the application for the Invesco Galaxy Spot Solana ETF, which means it is not too far from making a decision that many expect to be an approval. The acknowledgement comes after Cboe BZX Exchange submitted a Form 19b-4 to propose…

BingX, one of the major crypto exchanges with Web3 features, attained the Payment Card Industry Data Security Standard (PCI DSS). The market operator is among the first crypto exchanges to add the certification for handling fiat payments. BingX acquired the Payment Card Industry Data Security Standard (PCI DSS) certification for its fiat business, setting a new benchmark for payment security. The exchange is among the early adopters of PCI DSS. The only other prominent market operator with the same certification level is WhiteBIT, as Cryptopolitan reported previously. The PCI DSS v4.0.1 certification is a global security standard, maintained by the…

This isn’t just another company buying Ethereum. Cosmos Health isn’t adding ETH to its balance sheet as a hedge or PR stunt. It’s anchoring its digital transformation, supply chain, and consumer engagement plans to Ethereum’s capabilities. More importantly, the structure of the deal requires 72.5 percent of the funds from each financing round to be allocated to ETH accumulation. That’s a steady stream of capital entering the Ethereum ecosystem. The ETH will also be staked via BitGo, meaning reduced circulating supply and added network security. When treasury-based ETH accumulation becomes a trend across industries—not just tech or crypto—you get long-term…

This is a segment from The Breakdown newsletter. To read more editions, subscribe. “For new technologies to play a role in protecting Americans’ privacy, government must guard jealously the ability of Americans to use them.” — Hester Peirce Centralized stablecoins, permissioned blockchains, corporate treasury companies…the hottest topics in crypto are not very cypherpunk these days. Weirdly though, the SEC is. In a speech last week, SEC Commissioner Hester Peirce delivered a defense of privacy that wouldn’t be out of place on the original cypherpunk mailing list. She even cited Eric Hughes, founder of the mailing list and author of A…

Binance continued its reign as the top centralized crypto exchange (CEX) in July, capturing a 39.8% market share. According to the latest data from CoinGecko, the platform handled $698.3 billion in spot trading volume for the month, a massive 61.4% jump from June as Bitcoin’s rally drove market-wide activity. Top 10 Centralized Crypto Exchanges by Market Share1. @binance – 39.8%2. @MEXC_Official – 8.6%3. @Gate – 7.8%4. @bitgetglobal – 7.6%5. @Bybit_Official – 7.2%6. @Official_Upbit – 6.3%7. @okx – 6.0%8. @HTX_Global – 5.8%9. @coinbase – 5.8%10. @cryptocom – 5.1% — CoinGecko (@coingecko) August 14, 2025 How have things changed: Binance’s dominance is…

The cryptocurrency world often sees significant movements of digital assets, but few grab attention like the recent, substantial SharpLink Gaming ETH accumulation. On-chain analytics firms closely monitor these large transactions, as they can hint at future market shifts or strategic plays by major holders. When a presumed entity like SharpLink Gaming makes such a move, the entire community takes notice, sparking curiosity about the motives behind these considerable transfers. What’s Behind the SharpLink Gaming ETH Accumulation? Recent reports from the renowned on-chain analytics firm Lookonchain, shared on X, highlighted a fascinating development. A wallet believed to be connected to SharpLink…

The paper, issued by BIS economists, proposes using blockchain as a transaction history to overcome the limitations faced by current AML measures when dealing with decentralized assets, such as cryptocurrencies and stablecoins, in order to protect off-ramping institutions. BIS Bulletin Proposes Using Blockchain History to Build Crypto AML Score The expansion of cryptocurrency and stablecoins is prompting traditional finance institutions to implement new concepts to prevent their usage for illicit purposes. A new paper issued by the Bank for International Settlements (BIS) economists proposes using blockchain to determine an anti-money laundering (AML) score for each crypto address, helping institutions deal…