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.

Users fear repeat of FTX collapse after brief withdrawal outage at Binance

ExchangesFeb 6

Binance restored withdrawals on Tuesday after a brief outage, which it claimed was caused by “some technical difficulties.” However, netizens claim it was due to executives siphoning funds from the platform. At around 2:36 AM UTC Tuesday, Binance wrote on X that it was aware of withdrawal issues on the platform and told users it was working on a fix to restore services to normal “as soon as possible.” Just 3 minutes later, the exchange announced it had identified the issue and that withdrawals “have resumed and are being processed.” Even though the exchange said the issue was technical and…

Crypto card spending hits $18 billion annualized as stablecoin use shifts to everyday payments

RegulationFeb 6

Crypto cards, payment cards that let users spend stablecoins and other crypto at traditional merchants, have quietly become one of the fastest-growing segments in digital payments, with volume now approaching the scale of peer-to-peer stablecoin transfers, according to new research from Artemis. Monthly crypto card volume rose from roughly $100 million in early 2023 to more than $1.5 billion by late 2025, a 106% compound annual growth rate, the report said. The market now exceeds $18 billion on an annualized basis, nearly matching peer-to-peer stablecoin transfers at $19 billion, which grew just 5% over the same period. Despite growing interest…

National Bank of Kazakhstan to allow QR code top-ups for crypto exchange accounts

ExchangesFeb 6

The monetary authority in Kazakhstan intends to allow cryptocurrency users to replenish their exchange-hosted accounts using QR codes at point-of-sale (POS) terminals. The announcement comes after earlier statements by officials indicated that Astana plans to legalize some crypto operations, such as investments and trading, but keep others, like payments with digital coins, outside the law. Kazakhstan’s central bank to open QR payments for crypto traders Kazakhstan’s QR-code system will support payments to cryptocurrency exchanges through bank terminals, the country’s main financial regulator has made it clear. Responding to a media inquiry, the National Bank of Kazakhstan (NBK) noted that the…

Riot Platforms surges 11% as lease deal with AMD marks major AI infrastructure pivot

RegulationFeb 6

Riot Platforms (RIOT) has fully joined a growing group of bitcoin miners that are altering their business plans to take advantage of the fast-growing demand for AI infrastructure. The company announced on Friday morning that it had acquired land at its 200-acre Rockdale site in Milam County, Texas, on a fee-simple basis for $96 million. The funding for the purchase was done entirely through the sale of about 1,080 bitcoin BTC$95,029.14 from the company balance sheet. Alongside, Riot signed a long-term Data Center Lease and Services Agreement with leading chipmaker AMD (AMD), marking Riot’s first hyperscale data center tenant. The…

Coinbase lags behind Robinhood in stocks, but CEO says not by much

RegulationFeb 6

The Nasdaq-listed crypto trading platform has begun offering stock trading to a limited group of users. It is now in direct competition with established brokerage firms Charles Schwab, Fidelity ,and longtime rival Robinhood, which preceded the exchange in issuing stock and crypto trading. Coinbase, founded in 2012 by Brian Armstrong, could soon expand its business into stocks after more than a decade of providing digital asset services. Stocks are a much different and heavily regulated market, one where Coinbase has little operating history, not to mention fierce competitors. Armstrong revealed his ambition last year to turn the company into an…

Whale Machi Big Brother Loses $26M on High-Leverage Positions

ExchangesFeb 6

Crypto trader Machi Big Brother has suffered another round of losses. This happened after his leveraged trades moved against him. On-chain data shows he faced more partial liquidations on his long positions in $ETH and $HYPE. The positions used very high leverage. $ETH was set at 25x and $HYPE at 10x. As a result, his total losses now stand above $26 million. Machi(@machibigbrother) was partially liquidated again! He's now been liquidated a total of 252 times — truly the King of Liquidations.https://t.co/cPC7Cm6IRK pic.twitter.com/enGTf40n5t — Lookonchain (@lookonchain) February 3, 2026 The activity was first spotted by on-chain trackers. They showed funds…

Riot stock rises on AMD lease and Rockdale land acquisition

RegulationFeb 6

Key Takeaways Riot Platforms purchased 200 acres of its Rockdale, TX site for $96 million, fully financed by Bitcoin. The company signed a 10-year Data Center Lease with AMD to deliver 25 MW of critical IT load, starting in January 2026 and completing in May 2026. Shares of Riot Platforms (RIOT) rose over 7% premarket on Friday after the company secured a major data center lease with AMD and completed the full acquisition of its Rockdale site. The company closed the fee simple acquisition of 200 acres at its Rockdale, Texas site for $96 million, funded entirely by selling around…

Strategic $80K Bybit Transfer Sparks Market Analysis

ExchangesFeb 6

In a significant cryptocurrency market development on March 15, 2025, blockchain analysts identified a substantial transfer from a $BIRB team-linked wallet to the Bybit exchange, marking a pivotal moment for market observers and investors tracking digital asset movements. $BIRB Whale Deposit Analysis: Understanding the $80,000 Transfer On-chain analyst platform onchainschool.pro detected the transaction approximately thirty minutes before initial reporting. The anonymous wallet address, beginning with the identifier 345WB, moved exactly $80,000 worth of $BIRB tokens to the Bybit cryptocurrency exchange. This transaction represents a strategic market entry that warrants detailed examination. Blockchain transparency enables real-time tracking of such movements, providing…

Donald Trump Crosses Out Strongest Candidate for Fed Chairmanship – ‘He’ll Stay Where He Is’

RegulationFeb 6

US President Donald Trump’s recent statements regarding potential candidates for the Federal Reserve chairmanship have triggered a rapid shift in market direction and opinion polls. Following Trump’s remarks, the likelihood of Kevin Hassett, previously considered a strong candidate, becoming Fed Chairman significantly decreased, while the dollar strengthened; gold and silver prices experienced sharp short-term declines. In his remarks today, Trump said he wanted Hassett to remain in his current role on the White House National Economic Council (NEC), not as Federal Reserve Chair. “Hassett performs very well on television, and I want him to stay in his current position. We’ll…

HashKey Exchange’s Strategic Move to Empower Institutional Crypto Access

ExchangesFeb 6

Hong Kong, February 3, 2025 – In a significant development for Asia’s digital asset landscape, HashKey Exchange, a leading licensed cryptocurrency platform, will list the $SUI/USD trading pair tomorrow. This strategic addition to both its spot and over-the-counter (OTC) markets marks a pivotal step in broadening institutional access to the Sui network’s native token. Consequently, the move reinforces Hong Kong’s evolving position as a regulated hub for digital finance. HashKey Exchange Expands Market with $SUI/USD Trading Pair HashKey Exchange confirmed the $SUI/USD listing will commence on February 4. The platform will support trading on its spot market for retail and…