Author: NBTC

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.

Wyatt: DeFi markets face cyclical highs and lows, crypto lending proves sustainable amid centralized failures, and risks of leveraged systems threaten stability

DeFiFeb 24

Key takeaways The DeFi industry recently experienced a cyclical high followed by a significant decline in token valuations. Total Value Locked (TVL) is a crucial metric for assessing DeFi protocols’ value. Crypto lending markets are sustainable due to their unique value proposition. This year has been marked by rapid capital formation in the crypto space. DeFi business models can be divided into instantaneous activities and evergreen capital formation. Lending remains a durable business in crypto due to the demand for turning nonproductive assets into productive ones. The decline of platforms like Celsius and BlockFi has benefitted DeFi lending platforms. The…

Shiba Inu Launches Mechanism to Restore Affected Shibarium Users

NFTFeb 24

In a recent tweet, Shiba Inu's official X account reveals that SOU is now live. SOU, an abbreviation for "Shib owes you," is an on-chain $NFT intended as a good-faith effort to support impacted Shibarium users with payouts, donations and occasional rewards. In a 2025 year-end message, Shiba Inu developer Kaal Dhairya introduced this system, revealing his commitment to ensuring that every Shiba Inu-related activity is oriented toward making Shibarium users whole. In the "Shib Owes You" system, every affected Shibarium user has an SOU $NFT — an on-chain, verifiable record of exactly what the Shiba Inu ecosystem owes them.…

U.S. Treasury Secretary Scott Bessent Discusses Whether $134 Billion in Revenue Will Be Refunded Following the Suspension of Tariffs

LegalFeb 24

U.S. Treasury Secretary Scott Bessent avoided directly answering questions about whether approximately $134 billion in tariff revenue would be refunded after the U.S. Supreme Court overturned most of the broad tariffs implemented during President Donald Trump’s administration. Speaking on Dana Bash’s “State of the Union” program on CNN, Bessent was asked, “Will the approximately $134 billion collected under these emergency tariffs be refunded?” However, Bessent argued that this was not the “real issue,” saying that the Supreme Court’s decision involved a narrow interpretation of the President’s powers. Bessent stated that the court’s decision specifically addressed the use of powers under…

HPX Taps AetheriumX to Broaden Cross-Chain DeFi and GameFi Access

GameFiFeb 24

HPX, a renowned multi-chain Web3 Wallet entity, has collaborated with AetheriumX, a Web3 firm that merges GameFi, on-chain trading, and interactions. The partnership is poised to combine the multi-crypto wallet mechanism of HPX with the interactive blockchain environment of AetheriumX. As HPX pointed out in its official X announcement, the joint initiative promises to provide consumers with more control over digital assets and engagement in the wider decentralized economies. Additionally, this development underscores a rising trend of transforming wallet entities into inclusive hubs for cross-chain engagement, gaming, and finance. 🌟 Partnership Announcement: HPX x AetheriumX @aetheriumX_fun We’re pleased to partner…

Canaan buys 49% stake in three Texas mining sites for $40M

MiningFeb 24

Bitcoin mining hardware maker Canaan has purchased Cipher Mining’s 49% interest in a trio of Texas mining projects for roughly $39.75 million, expanding the company’s mining interests. The transaction covers the joint venture entities Alborz LLC, Bear LLC and Chief Mountain LLC, together known as the “ABC Projects,” according to a Monday announcement. After the deal, Canaan holds a 49% stake while partner WindHQ, a renewable energy infrastructure company, retains 51%. “By increasing our exposure to high-quality, low-cost operational power assets in Texas, we are aligning our proprietary technology with critical infrastructure to drive long-term efficiency and scale,” said Nangeng…

Vladimir Novakovski: DeFi must match traditional finance performance, why solving real-world problems is crucial, and the evolving role of Ethereum in trading

DeFiFeb 24

Key takeaways DeFi must match the performance of traditional finance while maintaining verifiability. Building in crypto should focus on solving significant problems rather than building for its own sake. Most digital asset trading remains centralized, not utilizing blockchain technology. On-chain verifiable actions by intermediaries can improve efficiency over opaque traditional finance. Perpetual contracts are favored by traders for their capital efficiency and leverage. Customer feedback is crucial in tech development; starting with infrastructure alone is not effective. Market dominance in perpetual exchanges shifts with each cycle. The product market fit for DEXs was insufficient to attract traders post-FTX collapse. Competition…

Logan Paul, Bieber, Neymar see steep NFT losses as market reprices

NFTFeb 24

Logan Paul, Justin Bieber, Neymar, Madonna and others sit on deep $NFT losses as the 2021 celebrity hype cycle gives way to a utility-focused market reset. Summary Multiple celebrities who bought NFTs near the 2021 peak now hold assets that have dropped 90% or more from purchase values, per blockchain and marketplace data. Logan Paul’s 0N1 Force $NFT and Justin Bieber, Neymar, Madonna, Curry, Eminem and Fallon’s Bored Apes all trade far below acquisition prices, tracking the broader $NFT downturn. While blue-chip collectibles have lost value, $NFT activity is shifting toward gaming, identity, ticketing and brand engagement, emphasizing utility over…

Cryptocurrency Company Bitmine Continues Its Ethereum Investments! Here’s the Amount of Its Latest Purchase

EthereumFeb 24

BitMine Immersion Technologies continues to strengthen its institutional investment in Ethereum. According to on-chain data, the company has purchased approximately $83.6 million worth of $ETH. Arkham Intelligence data showed that Bitmine purchased 20,000 $ETH through the brokerage FalconX. On-chain analytics platform Lookonchain reported that the company purchased another 20,000 $ETH, this time through BitGo, during a similar time period. Ethereum was trading at approximately $2,090 at the time of these transactions. This purchase adds to Bitmine’s assets, which stood at 4,325,738 $ETH (approximately $9.14 billion) as of last weekend. The company previously announced that it had purchased 40,613 $ETH in…

Pro-Ripple Lawyer Rejects Sam Bankman-Fried Pardon as New FTX Solvency Data Surfaces

LegalFeb 24

Prominent crypto attorney and U.S. Senate candidate John Deaton has escalated his opposition to any pardon for former FTX CEO Sam Bankman-Fried, rejecting recent attempts to portray the exchange as solvent before bankruptcy. As SBF circulates modeled charts projecting a potential $78 billion net asset value by 2025, Deaton argues the legal verdict and creditor losses outweigh theoretical recoveries. John Deaton rejects SBF's $78B solvency claims and pardon plea Deaton's comments follow Bankman-Fried's attempts at a digital comeback. In a recent "10 Myths About Me & FTX" post on X, SBF disputed insolvency claims and shared a chart modelling FTX’s…

Salvo Games Joins Manadia to Accelerate AI-Driven Web3 Gaming

GameFiFeb 24

Salvo Games, an AI-centered Web3 gaming platform, has partnered with Manadia, a cutting-edge Web3 infrastructure platform. The partnership attempts to combine the immersive AI-led gameplay mechanisms of Salvo Games with the low-trust AI coordination and data settlement infrastructure of Manadia. As Salvo Games disclosed in its official social media announcement, the collaboration focuses on developing the basis for secure, privacy-preserving, and verifiable workflows across diverse blockchain ecosystems. Hence, the initiative signifies a new epoch where the robust blockchain technology backs reliable data exchange, scalable AI-driven workflows, and real-world collaboration. 🤝 We’re excited to announce our partnership with @paywithmana. manadia is…