Author: NBTC

Binance Futures, one of the world’s largest crypto derivatives platforms, has announced a new leveraged trading product to expand its product range and enhance user experience. Binance Futures Launches BASUSDT Perpetual Trading Contract According to the exchange’s statement, the USDⓈ-M BASUSDT perpetual futures contract will be launched on August 26, 2025, at 16:30. The new contract is based on a project called BNB Attestation Service (BAS). BAS is an infrastructure solution built on the BNB ecosystem and focuses on generating attestations (confirmations) for information verification. Binance also noted that the BAS token is currently listed on the Binance Alpha Market.…

Jack Dorsey’s Block Inc. recently announced the Proto Rig, a modular reinvention of Bitcoin mining hardware not seen since Bitmain’s launch of the S1 ASIC rig in 2013, over 12 years ago. The announcement was made from the facilities of Core Scientific with whom Block has partnered to design, test and develop the Proto line of mining hardware. Dorsey personally attended the event, among a who’s who of the Bitcoin mining industry. Spotted: The boss @jack getting a closer look at Proto Rig. pic.twitter.com/196Sk9KOzn — Proto (@protomining) August 14, 2025 The Proto Rig has the potential to disrupt and challenge…

Haycen, a company focused on trade financing, secured a stablecoin issuance license from the Bermuda Monetary Authority (BMA), the company said Friday. The Digital Asset Business (M) license allows Haycen to issue and manage 1:1 collateralized stablecoins in multiple currencies, with provisions for yield-bearing products. The company is targeting B2B markets, regulated entities and non-bank lenders, which it says remain underserved in global trade and financing. Stablecoin values are tied to assets like the U.S. dollar or gold. They play a major role in cryptocurrency markets providing, among other things, a payment infrastructure, and are also used to transfer money…

The Fed made its first official statement after President Donald Trump dismissed Fed Board Member Lisa Cook, indicating that the matter would be taken to court. A Fed spokesperson made the following statement in a written statement: Under the Federal Reserve Act, Congress clearly provides that members of the Federal Reserve Board of Governors serve long, fixed terms and can only be removed by the President for ‘good cause.’ Board members’ long terms and protections from dismissal are critical safeguards that ensure monetary policy decisions are based on data, economic analysis, and the long-term interests of the American people. The…

– Club joins forces with global cryptocurrency exchange – – Collaboration will accelerate international growth and deliver new digital opportunities for fans – Newcastle United has signed a multi-year partnership with global cryptocurrency exchange BYDFi, marking an important step in the club’s continued international expansion. As the club’s Official Cryptocurrency Exchange Partner, BYDFi will work closely with Newcastle United to connect with the Magpies’ rapidly growing global fanbase, while showcasing its innovative financial solutions to new audiences worldwide. The partnership will strengthen the club’s presence in key international markets, while giving supporters access to digital finance tools, expertise, and new…

Bitcoin’s hashrate has now reached a new all-time high of 971 exahashes per second, according to data provided by CoinWarz. Smoothing out randomness It is worth noting that the hashrate used to occasionally spike above 1 zettahash per second earlier this month. However, such brief spikes are not usually treated as actual record peaks, given that the randomness of block production does not have enough time to smooth out. The all-time hashrate charts make it possible to smooth out randomness. Thus, some believe that true all-time highs are actually recorded on longer timeframes since they do not trick analysts with…

Ethereum’s breakout past $4,800 triggered nearly $388 million in liquidations tied to the token in the past 24 hours, data shows, marking the heaviest flush across all crypto assets. The wipeout was part of $769 million liquidated marketwide, with over 183,000 traders forced out of positions. The single biggest hit was a $10 million ETH swap order on OKX, an unusually high figure for the token, which is often second to bitcoin-based positions. Liquidations serve as a stark reminder of how fragile positioning can be in the crypto market. When traders pile in with leverage and the market moves against…

Family offices in Asia are raising crypto allocations with plans to invest up to 5% of portfolios. Institutional trading in Hong Kong and South Korea is rising as new ETFs and custody services gain traction. Developer activity in Asia is growing fast as more investors explore advanced crypto strategies and tools. Family offices across Asia are significantly increasing their exposure to digital assets. Several of them plan to allocate up to 5% of their portfolios to cryptocurrencies. The trend is gaining momentum in Singapore, Hong Kong, and mainland China. Wealth managers are fielding more enquiries as interest from high-net-worth individuals…

The U.S. Commodity Futures Trading Commission is about to drop to a single commissioner when Democrat Kristin Johnson leaves the agency next week, and the only other person waiting in the wings to join the regulator is President Donald Trump’s chairman nominee, Brian Quintenz. As of Sept. 3, the five-member commission will drop to one, because that’s when Johnson will exit, she said in a Tuesday announcement. “In advancing an agenda in the name of growth, it is critical not to dismantle the foundational resilience that supports financial stability and protects the broader economy,” she said in a farewell statement…

The crypto world is abuzz with the recent news of a substantial Arbitrum ARB deposit. A multisig wallet, officially owned by Arbitrum, recently transferred a significant 13.1 million ARB tokens, valued at approximately $6.91 million, to Coinbase Prime. This single event, reported by EmberCN, has naturally sparked considerable discussion within the community. This isn’t an isolated incident. The same address has consistently moved ARB tokens, accumulating a total of 38.43 million ARB, or about $16.68 million, to the exchange over the past three months. Such movements from a major project like Arbitrum warrant closer inspection. What Does This Arbitrum ARB…