Author: NBTC

The world of cryptocurrency is always buzzing, and the latest news from TeraWulf, a prominent player in the digital asset space, has caught the attention of many. This leading Bitcoin miner recently unveiled its Q2 performance, providing crucial insights into the evolving landscape of TeraWulf Bitcoin mining. Let’s dive into the details of their latest financial disclosures and what they mean for the broader market. What Do TeraWulf’s Q2 Results Reveal? TeraWulf (NASDAQ: WULF) reported its second-quarter earnings, showcasing a significant period for the company. According to a Globe Newswire press release, the firm generated a revenue of $47.6 million…

Locked liquidity on decentralized finance (DeFi) applications reached a record $270 billion in July, partly driven by tokenized stocks growth. DappRadar’s data shows the total value locked (TVL) in DeFi protocols jumped 30% month-over-month, while active wallets for tokenized stocks soared from roughly 1,600 to more than 90,000, pushing their market cap up 220%. Meanwhile, NFT trading volumes jumped 96% to $530 million during the month. The average NFT price also doubled to around $105 as more users engaged with the market. NFT activity edges ahead of DeFi While DeFi liquidity climbed, user attention shifted elsewhere. In July, approximately 3.85…

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While U.S. dollar-backed stablecoins continue to dominate the conversation, recent discussions with investors indicate a growing focus on the tokenization of real world assets (RWAs), including stocks, bonds, bank deposits, and real estate, Bank of America (BAC) said in a report Monday. According to BofA, this shift marks the beginning of a multi-year journey toward fully blockchain-based transactions. The transformation will require significant infrastructure development but promises a new era of 24/7 access across global jurisdictions, instant settlement, and enhanced liquidity, all underpinned by smart contracts that ensure compliance, the report said. Tokenization of real-world assets on a blockchain involves…

This week’s verdict against Tornado Cash co-founder Roman Storm signals that crypto developers may face increased legal risks when working on one of the areas the industry arguably needs most: privacy. Roman Storm, the co-founder of crypto privacy tool Tornado Cash, was found guilty on Wednesday of one criminal charge in a case that could reshape how the law treats developers in decentralized finance (DeFi). The trial centered on allegations that Storm knowingly enabled money laundering through Tornado Cash, despite publicly promoting it as a privacy tool. The New York jury ultimately convicted him of conspiracy to operate an unlicensed…

According to the Financial Times, the world’s largest cryptocurrency exchange, Binance, has chosen Spanish bank BBVA as its custody provider. BBVA, Spain’s third-largest bank, recently began providing services to Binance as one of its few independent custodians. This move aims to alleviate investor concerns about the exchange’s security, particularly following the FTX bankruptcy in 2022. With this partnership, Binance has allowed customers to keep their assets in the bank instead of on an exchange. Binance previously required its customers to store their assets only with Binance or its subsidiary Ceffu. However, Binance’s stance changed early last year when it began…

Key Takeaways Block’s Proto Mining will launch new Bitcoin mining chips next week to democratize mining. Block’s Cash App platform shows strong growth in Bitcoin transactions and financial services. Proto Mining, an initiative built by Jack Dorsey-led Block, will launch new Bitcoin mining chips next week that it believes will help democratize the mining ecosystem, said Amrita Ahuja, the company’s chief financial officer, in a Friday interview with CNBC’s ‘Squawk Box.’ Dorsey also hinted at the launch on X yesterday. The Bitcoin advocate recently generated headlines for the rollout of Bitchat, a decentralized messaging application. next week ⛏️ https://t.co/xf1qajTcpz —…

Ethereum must never go offline, the co-founder said during the network’s 10th anniversary, highlighting its decade-long record of zero downtime and its mission to safeguard digital freedom. Speaking during the network’s 10th anniversary livestream, industrial leader Buterin said constant uptime is critical to protecting digital rights and advancing human progress. The blockchain platform celebrated a decade online without a single interruption. Ethereum at 10: A Decade of Reliability and Growth Launched on July 30, 2015, Ethereum introduced the world’s first smart contract blockchain. It aimed to give developers an open platform to build decentralized applications (dApps) without intermediaries. Ethereum’s Roadmap:…

U.S. stocks shed gains on Friday, with renewed trade war jitters and weak jobs data spooking investors and sending the Dow Jones Industrial Average down 500 points. Summary Stocks fell as investors reacted to latest jobs data report. The Dow Jones Industrial Average dropped more than 500 points, while S&P 500 and Nasdaq slipped 1.2% and 1.5% respectively. Trade war fears also allowed bears to take advantage. The Dow Jones Industrial Average dropped more than 500 points, while the S&P 500 shed 1.2% and the Nasdaq gave up 1.5%, extending losses from Thursday, July 31, 2025. Wall Street showed signs…

After years of legal battles, the Ripple vs SEC case has officially come to an end. On August 7, both Ripple and the US Securities and Exchange Commission (SEC) filed a joint request to dismiss their appeals with the Second Circuit Court. This marks the official closure of one of the most closely watched lawsuits in the history of cryptocurrency. The case, which began with the SEC accusing Ripple of illegally selling XRP as an unregistered security, has been a central point of debate in the crypto industry. With today’s dismissal, the issue of Ripple’s programmatic sales of XRP made…