Author: NBTC

The US Department of the Treasury is seeking public feedback on how digital identity tools and other emerging technologies could be used to fight illicit finance in crypto markets, with one option being embedding identity checks into decentralized finance (DeFi) smart contracts. The consultation, published this week, stems from the newly enacted Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), signed into law in July. The Act, which sets out a regulatory framework for payment stablecoin issuers, directs the Treasury to explore new compliance technologies, including application programming interfaces (APIs), artificial intelligence, digital identity verification and blockchain…

The world of cryptocurrency often highlights the massive operations of large mining farms, but every so often, an individual achievement reminds us of the decentralized spirit. Recently, a solo Bitcoin miner defied the odds, successfully mining a full Bitcoin block and securing a substantial reward. This incredible feat occurred on August 17th, when the anonymous solo Bitcoin miner confirmed block 910,440 at approximately 10:19 UTC. This monumental effort yielded a remarkable 3.1 BTC, valued at an astounding $370,000 at the time. Data from blockchain explorer Mempool verified this rare event, sparking discussions across the crypto community and showcasing the unpredictable…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Ethereum (ETH) isn’t just another blockchain or a smart contract platform — it’s the rails, infrastructure, and lifeblood powering the future of finance. If you’re still watching Bitcoin (BTC) dominate the headlines and wondering when the world will “get” Ethereum, wake up. The shift is already happening, and the signals are undeniable. Summary Ethereum’s $450B market cap could realistically climb toward $3T by 2030 — not on hype, but on infrastructure, usage, and protocol‑driven scarcity. ETH’s deflationary…

Cryptocurrency investment products posted gains last week, rebounding after the prior week ended a record 15-week inflow streak totaling $27.8 billion. Global crypto exchange-traded products (ETPs) saw $572 million of inflows during the trading week ending last Friday, the European crypto asset manager CoinShares reported on Monday. The new inflows came amid Bitcoin (BTC) and Ether (ETH) prices recovering last week, with ETH reaching a psychological mark of $4,000 for the first time since December 2024. Weekly crypto asset flows. Source: CoinShares With the new gains, year-to-date (YTD) inflows edged up to a new historic high of $30.7 billion, while…

A federal court in Brooklyn has jailed a crypto influencer operating a large-scale cryptojacking scheme worth millions of dollars. According to prosecutors, the defendant, Charles Parks III, also known as CP30, stole more than $3.5 million in cloud computing services to mine digital assets. Cryptojacking, which is also referred to as illegal crypto mining, involves the unauthorized use or hijacking of another person’s resources, including electricity, hardware, or computing power, to mine digital assets. According to prosecutors, Parks defrauded two popular cloud computing services of the resources, using them to mine about $1 million in digital assets. They mentioned that…

FIFA Rivals, a mobile Web3 soccer game Mythical Games, announced Monday its first club partnership with German Bundesliga team Borussia Dortmund. The multi-year collaboration will bring exclusive Borussia Dortmund content to the iOS and Android game throughout the 2025/26 season, including digital player cards featuring current squad members such as Karim Adeyemi, Serhou Guirassy, Nico Schlotterbeck, and Gregor Kobel. The team-up will bring various fan engagement features into FIFA Rivals, including official team kits as collectible items. The game will also host giveaways featuring in-game collectibles, match tickets, and physical merchandise. ⚫🟡 BLACK & YELLOW WEEK IS HERE! ⚽️ Claim…

The Bitcoin network hashrate rose 4% in the first two weeks of the month to an average of 937 exahashes per second (EH/s), Wall Street bank JPMorgan (JPM) said in a research report Monday. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. The combined hashrate of the 13 U.S.-listed miners the bank tracks rose 94% year-on-year, almost double the 48% increase in the network hashrate. The U.S. miners now account for 33.6% of the global figure, the…

South Korean retail investors are on the hunt for exciting ways to grow their money. According to Bloomberg, one name keeps popping up: BitMine. This company, which mines Bitcoin, has quickly become the top foreign stock choice for many everyday investors in South Korea. Why Is BitMine So Popular? BitMine’s business is pretty simple — they use powerful computers to help keep the Bitcoin network running. When Bitcoin prices go up, companies like BitMine can make good money. So, for investors who want to benefit from Bitcoin’s rise without buying actual coins, BitMine is an appealing option. South Korean investors…

Terra/Luna creator Do Kwon pleaded guilty to one charge of conspiring to commit fraud and one charge of wire fraud on Tuesday, following an earlier not guilty plea and a very lengthy extradition process. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Terraform Labs founder Do Kwon, who created the TerraUSD stablecoin and its counterpart Luna (LUNA) token, pleaded guilty to conspiracy to commit securities, commodities or wire fraud and wire fraud Why it matters Terra and its related ecosystem blew up…

Terawulf stock (NASDAQ: WULF) surged more than 12% Monday after the Bitcoin miner said it was expanding and that Google was upping its stake in the company.  The Easton, Maryland-based firm said that Google will provide an incremental $1.4 billion backstop to support project-related debt financing, bringing its total stake to $3.2 billion. In exchange, Google will receive warrants to buy 32.5 million shares of the sustainable Bitcoin miner. The latest agreement increases the tech giant’s pro forma equity stake to 14% from a previously announced 8% share.  Terawulf will also build a new data center, dubbed CB-5, with help…