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.

Ripple Advocate Trashes Banks As They Strive to Ban Stablecoin Yields Through Legislation

John Deaton, a vocal Ripple advocate, has taken to his account on X (formerly Twitter) to share his take on the current discussions regarding the CLARITY Act relating to crypto and stablecoins. These discussions are taking place in the White House at the moment between top crypto companies, i.e., Ripple, Coinbase, etc, legislators, and US banks. While banks are trying hard to ban yields on stablecoins, crypto companies are striving to oppose them, hoping to see pro-crypto regulation integrated and to see the US become the global crypto hub. John Deaton trashes banks as "enemy of regular people" Deaton has…

RegulationFeb 25

Crypto’s biggest exchange fights back against allegations of moving billions of Iran-linked money

Crypto exchange Binance accused The Wall Street Journal Tuesday of publishing "false information" in a Monday article about the exchange allegedly firing employees investigating funds moving through the exchange to sanctioned entities. Richard Teng, Binance co-CEO, accused the WSJ of "inaccurate reporting about our compliance program” in an X post. He included a letter to the news organization from the crypto exchange’s counsel in New York City, which said “The Wall Street Journal published defamatory claims,” despite the exchange's attempts to “set the record straight.” The letter is similar to one Binance directed to Fortune last week over a similar…

ExchangesFeb 25

Binance's CZ Reveals His Role in UAE's Bitcoin Mining Pivot

Binance Founder Changpeng "CZ" Zhao has revealed the role he played in the positive shift of the United Arab Emirates as a Bitcoin miner. Reacting to a post detailing the region’s success as a $BTC miner, CZ said he has advocated for the venture, a statement that aligns with his business interests in the region. UAE goes fully into Bitcoin mining The conversations around the UAE pivot into gold started with Arkham. The data platform said the UAE has so far mined $453.6 million in Bitcoin through its partner Citadel. As confirmed, the country appears to be holding onto the…

MiningFeb 25

Nym Now Accepts Cardano ($ADA) for Private Payments

Nym, a decentralized, open-source, and incentivized infrastructure that provides comprehensive, network-level privacy for users and the internet, has announced its landmark strategic partnership with Cardano ($ADA). Cardano ($ADA) is also a decentralized and proof-of-stake (PoS) blockchain platform for security and scalability alternatively to earlier networks. 🛡️Online privacy is the condition for digital freedom. That’s why we’re working with Midnight Network to ensure that their protections for private payments and private smart contracts extend to the network level. 🔑Today, we’re excited to announce that NymVPN now accepts… — Nym (@nym) February 24, 2026 The primary purpose of this partnership is to…

BlockchainFeb 25

3 Solana platforms to shutter following devastating $27M hack

Three Solana-based platforms have announced they are shutting down after a Step Finance hack at the end of January that has been deemed unrecoverable. Solana portfolio dashboard and DeFi aggregator Step Finance announced on Monday that it would be winding down operations. The closure also extends to subsidiaries Solana NFT analytics and the ecosystem media outlet SolanaFloor, as well as lending and yield protocol Remora Markets. “Following the hack at the end of January, we explored every possible path forward, including financing and acquisition opportunities,” it stated, referring to a $27 million security breach of its treasury wallets in January.…

DeFiFeb 25

Vital Support or Value Trap? Decoding ETH’s Next Big Move

Ethereum remains in a broader corrective phase, trading below key moving averages and inside a well-defined descending structure. While short-term stabilization is visible near support, the higher-timeframe trend still favors sellers unless major resistance levels are reclaimed with strong momentum. Ethereum Price Analysis: The Daily Chart On the daily timeframe, $ETH continues to respect a descending channel, consistently forming lower highs beneath both the 100-day and 200-day moving averages. The recent breakdown accelerated the price into the $1,750–$1,800 demand zone, where buyers have stepped in to slow the decline, but the structure remains bearish overall. The $2,300–$2,400 region now acts…

EthereumFeb 25

Amazon, Shopify, Etsy rally after Court voids Trump tariffs, Trump vows new 10% levy

Shares of major online retailers rose Friday after the US Supreme Court struck down President Donald Trump’s blanket tariffs, ruling that the president lacks authority under the International Emergency Economic Powers Act to impose broad import duties. Amazon gained more than 2%, while Etsy jumped near 10% and Shopify climbed over 2%. eBay, Wayfair and Pinduoduo also advanced. In a 6 to 3 ruling, the Court said IEEPA does not authorize tariffs and cited the major questions doctrine, with Chief Justice John Roberts writing that actions with significant economic impact require clear congressional approval. The decision voids a 10% levy…

RegulationFeb 25

Binance CEO Responds to Recent Allegations About the Exchange

Tensions are escalating between cryptocurrency exchange Binance and The Wall Street Journal. Binance Co-CEO Richard Teng stated that the recent article published in the newspaper was “defamatory” and announced that they had sent an official letter demanding the immediate correction and complete retraction of the false statements. Richard Teng, in a social media post, claimed that news reports regarding Binance’s compliance program contained serious inaccuracies. Teng alleged that the company had communicated the necessary corrections to the journalist prior to the report, but received no response to this feedback. According to Teng, the published content contains statements that do not…

ExchangesFeb 25

Bitcoin miners chase 30 GW AI capacity to offset hashprice pressure

Public Bitcoin miners are planning about 30 gigawatts of new power capacity aimed at artificial intelligence workloads, nearly three times the 11 GW they currently have online, as they race to offset shrinking mining margins and reposition for the next growth cycle. The buildout, compiled by TheEnergyMag across 14 publicly traded Bitcoin (BTC) miners, underscores how aggressively the industry is pivoting away from traditional hashpower amid persistently weak hashprice conditions. On paper, the planned expansion amounts to what TheEnergyMag described as “a small country’s worth of power infrastructure.” In reality, much of the 30 GW sits in development pipelines, interconnection…

MiningFeb 25

STEP Holders Get Buyback as Solana Projects Shut Down

Step Finance, a popular Solana-based DeFi portfolio tracker, is shutting down following a major security breach. The company announced today that it will cease operations, along with SolanaFloor and Remora Markets, after a hack in January 2026 drained around $30 million in assets. Unlike smart contract vulnerabilities, the hack targeted compromised devices, exposing endpoint security risks in crypto infrastructure. 🚨 UPDATE: Step Finance, SolanaFloor, and Remora Markets confirms shutdown following its Jan. hack, with a buyback planned for STEP holders. pic.twitter.com/S6s6DKPP82 — Cointelegraph (@Cointelegraph) February 24, 2026 Step Finance Faces Major Loss After Hack The breach involved the theft of…

DeFiFeb 25