Author: NBTC

FTX, the bankrupt exchange that unexpectedly went bankrupt in 2022 and caused the Bitcoin price to collapse, continues to issue refunds. At this point, there was a new development regarding repayments, and the next distribution record date for FTX creditors was set as August 15. According to the official statement, FTX Recovery Trust, the organization responsible for the remaining assets of the bankrupt cryptocurrency exchange, has set August 15 as the record date for the next fund distribution to creditors. Based on the August 15 record date, FTX will begin distributing funds to eligible creditors starting September 30, 2025. FTX…

Terminus, a leading payment platform that bridges crypto with real-world transfers, has recently commenced a new strategic partnership with KaJ Labs, a non-profit platform to advance Web3 and AI infrastructure initiatives. The collaboration between Terminus Network and KaJ Labs focuses on redefining on-chain intelligence and decentralized commerce. As per the announcement, with this joint effort, Terminus intends to enhance merchant ecosystems and retail users’ interaction with cutting-edge blockchain technology. 📢 Strategic Alliance Alert! 🤝 Terminus x KaJ LabsKaJ Labs @KaJLabs and Terminus @terminus_pos have partnered to redefine decentralized commerce and intelligent transaction systems in the AI and Web3 world! 🚀Terminus…

Bitcoin traded at $118,434 on July 19, 2025, with a total market capitalization of $2.35 trillion. Over the last 24 hours, it moved within an intraday range of $117,010 to $119,529, generating a trade volume of $42.72 billion. Bitcoin From a daily chart perspective, bitcoin exhibited a pronounced bullish structure as it advanced from below $100,000 to a peak near $123,236 before entering a mild consolidation phase. The presence of a high-volume bearish engulfing candle near the top suggests potential short-term exhaustion, indicating that some traders are engaging in profit-taking. Despite this, the pattern of higher highs and higher lows…

Snail Games (SNAL), a publicly-traded video game studio, said on Tuesday that it is mulling the development of its own U.S. dollar stablecoin. The company is evaluating the technical, legal, and financial hurdles to issuing a proprietary stablecoin, according to a press release. To support the effort, Snail retained George Cao, founder of the crypto exchange AscendEX, as an external consultant. The company has also engaged a crypto-focused law firm to help navigate compliance challenges. No firm timeline has been set, and the initiative remains exploratory. The stock jumped as much as 20% on the news before shedding some of…

Shiba Inu team’s marketing manager, known under the alias Lucie, has issued a tweet about the just-released AI SHIB whitepaper authored by the mysterious SHIB lead, Shytoshi Kusama. Lucie’s message contains bullish expectations from this document. However, no details of the whitepaper were shared with the community. The marketing lead believes this might mark the beginning of a new era for SHIB. Shytoshi’s AI SHIB whitepaper Lucie tweeted that she was going through Shytoshi’s AI paper with absolutely no rush, taking her time to study this important document thoroughly. She said that the idea of artificial intelligence has always been…

Federal prosecutors presented evidence suggesting Tornado Cash founder Roman Storm moved millions through Binance and coordinated with co-founders to send funds and buy offshore real estate. IRS-CI Special Agent Stephan George told the jury he traced over $533,000 in USDT from a Binance account allegedly controlled by Storm. He said the funds were moved on August 9, 2022, and distributed across three wallet addresses. Storm Allegedly Sent $2.6 Million Each to Co-Founders Prosecutors showed chat logs between Tornado Cash’s founding trio: Roman Storm, Roman Semenov, and Alexey Pertsev. In one message, Storm wrote: “I overloaded 8 million yesterday.” Another message…

Zama, an open-source cryptography company pioneering Fully Homomorphic Encryption (FHE), is teaming up with OpenZeppelin to use confidential smart contracts for production. The protocol by Zama makes sure that, like with ERC-20, balances and transfers are hidden by default, and it does this without losing the benefits of decentralization and composability while keeping sensitive information private. Zama is partnering with @OpenZeppelin to bring confidential smart contracts to production. Think ERC20, but your balances and transactions are confidential by default. pic.twitter.com/B6QCKhCmT9 — Zama (@zama_fhe) July 23, 2025 Why Confidentiality Is the Missing Piece Institutions will not go on-chain when all the…

According to the Telegraph, British Chancellor of the Exchequer Rachel Reeves plans to sell £5 billion worth of seized Bitcoin assets to close a massive gap in public finances. The Ministry of Internal Affairs, together with the police forces, has begun work to establish an official system to sell this large cryptocurrency stock. The total value of the cryptocurrencies seized by police is unknown, but in 2018 alone, 61,000 Bitcoins belonging to a China-based pyramid scheme were seized. At the time, the assets were worth around £270 million, but with Bitcoin reaching $123,000 (about £92,000) last week, they are now…

The recent price slide hasn’t deterred big-money players, as large transactions over the past 24 hours show whales adding to their positions. According to Lookonchain data, one fresh wallet, which has been in a three-day accumulation streak, received 25,213 ETH (ETH) (worth $94.67 million) from FalconX in the early hours of July 22, 20225. The transaction pushed its total holdings to 72,333 ETH, valued at roughly $267 million at current prices. Around the same time, another newly created wallet withdrew 5,309 ETH ($19.96 million) from Binance, boosting its holdings to 19,391 ETH, worth $72.38 million. Whales keep accumulating $ETH!Fresh wallet…

In its Beige Book report, compiled by the Boston Fed and released minutes ago, the Fed said the U.S. economy grew slightly from late May to early July. However, the overall economic outlook was assessed as neutral to slightly pessimistic. In the report, only two of the Fed’s 12 districts indicated that they expect an increase in economic activity in the coming period, while the remaining districts predicted that economic activity would either maintain current levels or weaken slightly. Price increases continued nationwide. Seven regions described price increases as moderate, while five reported a more modest pace of price growth.…