Author: NBTC

Exciting developments are on the horizon for the digital asset landscape in Eastern Europe! Ukraine is taking a significant step forward, with its parliament poised to review a pivotal Ukraine crypto bill in late August. This legislative move could redefine how cryptocurrencies are treated within the nation, signaling a clear path towards greater integration and regulation for digital assets. What’s on the Table for the Ukraine Crypto Bill? The upcoming parliamentary session will focus on a comprehensive framework for cryptocurrency regulation. This isn’t just a minor tweak; it’s a foundational proposal designed to bring clarity and legal standing to digital…

South Korea-based cryptocurrency exchange Upbit announced that it will list its Cyber (CYBER) token on Korean Won (KRW) and Tether (USDT) pairs on August 12, 2025. Upbit to List Cyber (CYBER) Token on KRW and USDT Markets Trading support for CYBER, which will be traded on the Ethereum network, will begin at 11:00 CET. The exchange emphasized that investors should always verify network information before trading. The announcement noted that deposits made outside the Ethereum network will not be supported and that transfers made from the wrong network may take longer to be refunded. CYBER’s official contract address on Upbit…

Russian authorities have identified more than 8,000 miners minting cryptocurrencies outside the law in the Siberian crypto mining hotspot of Irkutsk. The region banned the activity in parts of its territory to deal with growing energy deficits and grid breakdowns blamed on the boom of both legal and illegal mining. Russia counts thousands of underground crypto farms in Irkutsk Officials in Russia’s Irkutsk Oblast have pinpointed several thousand locations with suspected illegal crypto mining facilities, but the actual figure likely exceeds the current estimate, the local power utility, Irkutskenergosbyt, told RIA Novosti and detailed: “There are more than 8,000 illegal…

A 12-person jury, including a member who celebrated her 90th birthday, deliberated this week in the complex case of Roman Storm, co-founder of Tornado Cash. They convicted Storm on one count of running an unlicensed money transmitting business, while remaining unable to reach a decision on other charges. According to court documents released on Thursday by Judge Katherine Failla, jurors in the Storm case sent several requests for information before declaring they were deadlocked on two of the charges. Among the letters to the judge were requests for transcripts of the testimony of several witnesses, clarification on what led to…

The cryptocurrency world constantly evolves, bringing forth innovative platforms and projects. A significant development recently emerged from Binance: Binance Alpha OVL, the dedicated platform for promising early-stage crypto projects within the Binance Wallet, has officially added Overlay Protocol (OVL) to its roster. This move signals a new phase for on-chain trading and highlights Binance’s commitment to fostering nascent digital assets. What is Binance Alpha and Why Does it Matter for Overlay Protocol? Binance Alpha serves as a crucial gateway for groundbreaking, early-stage crypto projects. It is an integral part of the Binance Wallet ecosystem, designed to provide users with direct…

Monero, the leading privacy-focused cryptocurrency, is facing one of the most serious security challenges in its history. Qubic, a project led by IOTA co-founder Sergey Ivancheglo, says it now controls more than 51% of the network’s hashrate. In blockchains secured by proof-of-work algorithms, that’s the same method used by Bitcoin, that level of control can allow an attacker to rewrite transaction history, block transactions or carry out double-spend attacks. In a blog post, Quibic described the takeover as an “experiment” that was a “strategic, and at times combative, application of game theory.” Developers, miners and security experts are now debating…

Vitalik Buterin thinks Ethereum’s ZK proving stack is turning a corner, and wants the ecosystem to use that momentum to eliminate one of its most persistent UX roadblocks: week-long L2 withdrawals on optimistic rollups. Fraud proof windows — a requirement for canonical bridging from rollups like Base back to Ethereum — are “simply far too long for people,” Buterin wrote in a post on X last week. “This creates large incentives to instead use solutions with unacceptable trust assumptions (eg. multisigs/MPC) that undermine the whole point of having L2s instead of fully independent L1s,” he said. The centrality of Ethereum…

Beijing-based Z.ai, recently added to the U.S. Entity List and backed by $1.5 billion in fresh funding, has released two open-source AI models that outperformed most Western counterparts in global benchmarks, challenging U.S. sanctions as it prepares for a Hong Kong listing. The startup, formerly known as Zhipu AI, is listed on Washington’s Entity List, a trade restriction tool that identifies foreign individuals, companies, and other organizations the government believes are involved in activities contrary to U.S. national security or foreign policy interests. Rubbing salt on the wounds, Z.ai dunked on San Francisco-based OpenAI in a blog post earlier on Monday, arguing…

SEC waives Ripple’s “Bad Actor” ban, restoring Regulation D fundraising rights. Bill Morgan says it unlocks institutional capital and boosts bank charter bid. Supports Ripple’s plans for RLUSD stablecoin and broader expansion. Ripple has scored a significant victory after the U.S. Securities and Exchange Commission (SEC) officially waived its “Bad Actor” disqualification. This decision restores Ripple’s ability to conduct exempt securities offerings under Regulation D, giving the company access to one of the fastest and most cost-effective ways to raise capital from accredited investors without undergoing full SEC registration. The waiver lifts a five-year fundraising restriction imposed in 2024 following…

South Korean exchange Bithumb tightened rules on its month-old crypto lending service, halving leverage and sharply reducing loan limits to address investor risk concerns. On Monday, the exchange said it resumed its crypto lending service after suspending it on July 29 over “insufficient lending volume,” according to a report from the South Korean newspaper Kookmin Ilbo. “After a comprehensive review of the entire service, some adjustments have been made to protect investors and improve service quality,” Bithumb reportedly said. It reduced the maximum leverage ratio from 4x to 2x and cut the maximum lending amount from 1 billion won ($726,000)…