Author: NBTC

Attention cryptocurrency enthusiasts! A significant announcement has emerged from South Korea’s leading crypto exchange, Upbit, impacting users of the promising Berachain network. Upbit has confirmed an urgent Berachain suspension, specifically halting BERA deposits withdrawals, effective August 27th at 09:00 UTC. This move is crucial for supporting an upcoming network upgrade, ensuring the long-term health and efficiency of the Berachain ecosystem. Why is Upbit Implementing This Berachain Suspension? Upbit’s decision to temporarily suspend BERA deposits withdrawals is a standard procedure in the world of decentralized finance. It primarily aims to facilitate a seamless and secure network upgrade for Berachain. These upgrades…

The yen (JPY) strengthened against the dollar (USD) and bitcoin after U.S. Treasury Secretary Scott Bessent said the Bank of Japan is behind the curve on inflation and will probably have to raise interest rates.“The Japanese have an inflation problem  … They’re behind the curve, so they are going to be hiking, and they need to get their inflation problem under control,” Bessent said during an interview with Bloomberg TV. Bessent’s take contrasts with that of BOJ Governor Kazuo Ueda, who has justified moving slowly on rate increases because underlying inflation, which focuses on the strength of domestic demand and…

According to breaking news, Terra (LUNA) founder Do Kwon has pleaded guilty to two counts of fraud and software fraud. Terraform Labs co-founder Do Kwon, who is on trial in the US in connection with the collapse of the TerraUSD stablecoin, has pleaded guilty to two counts of “conspiracy to defraud” and “wire fraud.” At the hearing in New York’s Southern District Federal Court, it was stated that Kwon could not appeal a sentence of 25 years or less, according to the agreement he made with the prosecutor’s office. Furthermore, if he pleaded guilty and did not commit any new…

Terra Luna Classic (LUNC) is set to embark on the v3.5.0 upgrade to enhance its previous developments on August 15. Binance has confirmed its support for the upgrade as it announces the decision to suspend deposits and withdrawals during this period. Crypto exchange Binance has announced support for the upcoming Terra Luna Classic (LUNC) blockchain upgrade on August 15, disclosing that it would suspend all deposits and withdrawals of tokens on the network to ensure a smooth experience. In a short announcement, Binance explained that the upgrade would occur at 15:30 UTC at the block height 24,660,000. Within the period,…

After a sharp rally toward $3,900 in July, Ethereum price has entered a consolidation phase that has formed a symmetrical triangle on the 4-hour chart. With price now hovering near the $3,620 zone, Ethereum price today is nearing the apex of this structure, suggesting that a decisive move may be imminent. Ethereum Price Forecast Table: August 7, 2025 What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the 4-hour chart, ETH is currently compressing between rising and descending trendlines, forming a clean symmetrical triangle. This pattern has historically preceded strong directional moves, and with price trading around $3,620,…

Soramitsu, a Japan-based blockchain developer, will help the government of Pakistan build its central bank digital currency effort, after having been involved in similar projects. The Pakistan CBDC pilot is being implemented with offline payment capabilities in mind. Japan-Based Soramitsu Enlisted to Create Pakistan CBDC More countries are developing their central bank digital currencies (CBDCs), bringing their payment infrastructures to the digital age. Pakistan, the 25th largest economy in the world, has enlisted the help of Soramitsu, a Japan-based leader in blockchain technology, to structure and launch a digital rupee pilot that will run on top of the company’s CBDC…

A supposedly banned Coinbase ad is appearing on YouTube videos belonging to Channel 4, one of Britain’s biggest broadcasters, sources familiar with the matter told Decrypt. The cryptocurrency exchange released its “Everything Is Fine” ad last month—a big-budget, two-minute commercial that depicts the U.K. as bleak, rat infested and dirty, with prices in supermarkets spiraling out of control. Coinbase CEO Brian Armstrong claimed the advert was “banned” by British TV networks, and argued this amounted to censorship. But sources within Channel 4 have told Decrypt that no such ban of the Coinbase ad has taken place, and it’s been able…

BitPay has integrated Solana into its platform, enabling users and merchants to buy, store, send, receive, swap, and spend SOL and Solana-based stablecoins. Summary BitPay, a leading crypto payment processor, has integrated Solana blockchain into its platform. Payments from external Solana wallets (Phantom, Solflare, Backpack) are supported, and Solana-based payouts are planned for future updates. Major networks like Visa and Fiserv are also leveraging Solana for stablecoin transactions, highlighting its growing adoption in mainstream finance. In a press release shared with crypto.news, BitPay announced that it has integrated the Solana blockchain into its platform, enabling support for Solana (SOL), USD…

Key takeaways ETH is down nearly 2% and now trades around $3,600. The second-largest cryptocurrency by market cap could drop below $3,400 if market conditions remain bearish. Ether fails to stay above $3,700 as market correction continues Ether, the second-largest cryptocurrency by market cap, lost 2% of its value over the last 24 hours. The negative performance comes as Ether failed to take out the $3,730 resistance and briefly dropped below $3,600. At press time, Ether is trading at $3,620 and could drop lower if the market conditions remain bearish. The bearish performance also comes despite Ether ETFs recording inflows…

A stunning event recently unfolded in the fast-paced world of decentralized finance, highlighting the immense volatility and inherent risks of high-stakes crypto trading. A prominent figure known as AguilaTrades, a whale trader operating on the Hyperliquid decentralized exchange, suffered a significant financial blow. This AguilaTrades loss amounted to a staggering $1.85 million, incurred over just eight hours with a 0% win rate across six consecutive trades. What Led to the Catastrophic AguilaTrades Loss? The recent series of unfortunate events for AguilaTrades began with the closure of previous Bitcoin (BTC) and Ethereum (ETH) positions. Following this, the trader embarked on six…