Author: NBTC

The cryptocurrency world is buzzing after a significant on-chain event: a large ETH withdrawal of 15,752 ETH, valued at an astonishing $68.24 million, from the FalconX platform. This massive transfer, reported by Onchain Lens on X (formerly Twitter) just hours ago, originated from a newly generated wallet, sparking considerable discussion among market observers and analysts. Such substantial movements often signal important shifts or strategies within the digital asset landscape, making this development particularly noteworthy. What Exactly Happened with This Large ETH Withdrawal? In the early hours, a fresh, previously inactive digital wallet initiated and completed a significant transaction. This wallet…

Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Hester Peirce’s Peanut Butter & Watermelon Speech SEC Commissioner Hester Peirce’s intriguing “Peanut Butter & Watermelon” speech—delivered on August 4, 2025, at U.C. Berkeley’s Science of Blockchain Conference—offers more than just a memorable culinary metaphor. Her reflections call attention to a foundational tension at the heart of digital finance: the promise of disintermediated technologies versus the traditional machinery of…

OKX’s Japan branch has officially obtained full regulatory approval from the Japan Financial Services Agency (FSA). The announcement was made by OKX founder and CEO, Star, highlighting the company’s compliance and commitment to the Japanese market. “This is a significant step for us. Japan is one of the most important markets for Web3 adoption,” Star said. He added that OKX Japan now ranks among the top three exchanges in the country. That reflects both user trust and the platform’s growing influence. Full FSA approval enables OKX Japan to operate with complete regulatory clarity. It offers local users confidence in trading,…

A truly remarkable milestone has been achieved within the decentralized finance (DeFi) landscape! Navi Protocol (NAVX), recognized as the largest DeFi project in the dynamic Sui (SUI) ecosystem, recently announced a significant achievement. Its liquidity pools have seen Navi Protocol BTC deposits surpass an astounding 2,200 Bitcoin, translating to a value exceeding $244 million. This accomplishment not only highlights Navi Protocol’s robust growth but also firmly establishes it as the premier BTC liquidity hub within the entire Sui ecosystem. What Do These Astounding Navi Protocol BTC Deposits Mean for Sui DeFi? This surge in Navi Protocol BTC deposits represents more…

In recent months, Ethereum’s supply has seen a notable shift in how large amounts of ETH are distributed among wallets. Specifically, the number of addresses holding more than 100,000 ETH — often called “whales” — has dropped significantly. Surprisingly, this trend has not raised major concerns among ETH investors or analysts. The Decline of Ethereum Whales and the Rise of Sharks Recent data shows that the number of addresses with over 100,000 ETH has declined as ETH’s price surged. According to Alphractal, the number of whale addresses has fallen from more than 200 in 2020 to around 70 in 2025,…

Stablecoins are dominating the future of finance as billion-dollar IPOs ditch cash for blockchain, unlocking unmatched speed, savings, and global access. Stablecoins Power Historic $1.15B IPO, Reshaping Market Infrastructure Stablecoins are becoming an increasingly common tool in financial markets, viewed as faster, cheaper, and more globally accessible than traditional settlement systems. Coinbase reinforced this perspective on Aug. 19, 2025, posting on social media platform X: Stablecoins are just better. Faster, cheaper, and more global. The message was in response to Bullish’s announcement that it had completed a $1.15 billion initial public offering (IPO) and elected to receive the proceeds in…

Crypto investment platform Unicoin has finally hit back at the Securities and Exchange Commission’s fraud lawsuit after three months, accusing the agency of distorting its regulatory statements to build a case. Unicoin told a New York federal judge on Wednesday that the SEC’s lawsuit should be dismissed as it “plucks snippets of communications and distorts their meaning and context; treats routine financial projection and optimism as fraud; and ignores Unicoin’s sober warnings about risk.” “Most bizarrely, the SEC twists Unicoin’s disclosures in the company’s own SEC filings and improperly recasts these disclosures as proof of deception,” it added. In May,…

Ethereum NFT brand Pudgy Penguins and game developer Mythical Games announced the global launch of Pudgy Party, a mobile party game that’s now available on Android and iOS.  Pudgy Party draws comparisons to popular games like Fall Guys and Stumble Guys—colorful riffs on the battle royale genre in which players race through wild obstacle courses and persist through survival challenges. And this time around, it has a Web3 twist. “We took our own interpretation of that genre,” Mythical Games CEO John Linden told Decrypt. “We thought it was the right focus for not only the brand, but the gameplay—something the…

Bybit EU, the European arm of the world’s second-largest cryptocurrency exchange, has adopted Nasdaq’s Market Surveillance platform to bolster compliance with the EU’s Markets in Crypto-Assets Regulation (MiCAR), as per reports shared with Finbold on August 28. Bridging the gap with traditional finance standards The integration equips Bybit EU with institutional-grade monitoring tools to detect and prevent market abuse across its European operations. Nasdaq’s platform combines advanced pattern-recognition analytics with comprehensive market data, aligning crypto oversight with standards long established in traditional finance. “This agreement demonstrates our commitment to providing secure, transparent, and fully compliant digital asset trading as we…

Mantle has officially surpassed $4 billion in treasury assets. While securing its place as the largest DeFi treasury in the market. Data from DefiLlama shows the total now stands at $4.025 billion. Most of this, around $3.792 billion, is held in Mantle’s own native tokens. Stablecoins make up $17.93 million, and major cryptocurrencies such as Bitcoin and Ethereum account for $56.41 million. The other assets total $159.27 million. This milestone highlights Mantle rapid growth and focus on building a self-sustaining ecosystem. It demonstrates the project’s ability to attract community and institutional support. Comparing With Other DeFi Treasuries Mantle’s treasury now…