Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Nearly $10 million must escape a dying Ethereum L2 network before New Year’s Eve or risk becoming unrecoverable
Silicon Network is shutting down with nearly $10 million still on-chain, giving users until year-end to exit. The Ethereum layer 2 stopped accepting new bridge deposits and ended its network on Sept. 2, starting a withdrawal period that runs through Dec. 31. Silicon said its explorer and network will shut down afterward, leaving assets that remain on the chain unrecoverable. It stated: “This network is a non-custodial service, meaning that the custody and withdrawal of assets are managed directly by each user. Once the service has been terminated, assets that have not been withdrawn cannot be recovered.” The closure unwinds…
A draft plan developed to protect Bitcoin against future quantum computing advancements has turned the debate in a different direction. The discussion is no longer related to cryptography, but governance. Is a system that was set up to resist changes capable of agreeing on an important upgrade before it is imperative? This week, the issue got renewed attention when Cardano co-founder Charles Hoskinson claimed that the biggest problem for Bitcoin is not quantum computing in itself but the ability to organize a response ahead of time before the threat is confirmed. Hoskinson says Bitcoin may struggle to coordinate During a…
CopperHQ’s recent commentary sheds light on the evolution of decentralized finance (DeFi), noting its transition from a movement against traditional banking to building infrastructure that complements it. This shift raises important questions about whether such a change signifies a contradiction or simply represents a natural progression. As DeFi matures, understanding its implications for the broader financial landscape becomes crucial. For more details, see CopperHQ’s tweet here. Inside the Move The current crypto market exhibits mixed signals, with various assets reflecting differing momentum. CopperHQ’s insights highlight DeFi’s growth as it integrates with traditional financial systems, indicating a significant shift in community…
Bitmine is still buying Ethereum, even as staking may make further purchases unnecessary to reach its 5% ownership target. The Nasdaq-listed treasury company disclosed that it acquired 53,501 $ETH in the week through Aug. 30, taking its holdings to 5.9 million tokens. More than 5.06 million $ETH were already staked at an annualized seven-day yield of 2.67%. The buying appears to have continued almost immediately. On Sept. 1, blockchain analysis platform Lookonchain said wallets linked to Bitmine appeared to acquire another 51,000 $ETH worth about $126 million from FalconX and BitGo. Bitmine had not formally confirmed that transaction in its…
MENA’s annual onchain crypto volume has risen to roughly $350 billion. Turkey remains the largest regional market, approaching $200 billion annually. Saudi Arabia leads growth at 154% year over year, followed by Qatar at 120%. The UAE processed approximately $150 billion in crypto transactions during 2025. The Middle East and North Africa is developing into one of the world’s fastest-growing digital-asset regions, but the forces driving adoption differ sharply across its major markets. Annual onchain transaction volume has climbed from roughly $100 billion in 2022 to an estimated $350 billion by 2025-2026, according to a September 4 analysis from the…
Greenlane Holdings’ $BERA-focused crypto treasury ended the second quarter valued at $16.4 million, less than a quarter of its $70 million cost basis, according to a regulatory filing. On Friday, the company said it held 81.3 million $BERA and $BERA-equivalent tokens as of June 30. The $53.8 million gap between their cost and fair value left the portfolio 76.6% below cost. Greenlane reported a $19.1 million noncash fair-value loss on digital assets during the quarter, contributing to a net loss of $24.8 million. Meanwhile, its digital asset segment generated $309,000 in staking and yield revenue over the same period. Greenlane…
Stand With Crypto is actively promoting the CLARITY Act as its cloture vote approaches on September 15. The organization emphasizes the importance of public participation in advocating for clearer cryptocurrency regulations, encouraging citizens to voice their support through direct engagement with their Senators. This initiative could significantly influence the regulatory landscape for cryptocurrencies. The Latest The CLARITY Act is a crucial piece of legislation aimed at establishing clear guidelines for the cryptocurrency sector. As the regulatory landscape becomes increasingly complex, the push for clarity is essential for both industry participants and investors. Stand With Crypto publicly thanked advocates like @RachelCreates…
Since its inception, blockchain has been the foundation on which decentralized assets such as cryptocurrencies are built. Although they bring transparency, they’re not very scalable, especially globally. So, a blockchain that scales to global proportions can, in theory, serve as the infrastructure on which businesses can build. There are two capabilities that matter most here. The first is economic: the ability to move very small amounts of money without fees eating into the payment. The second is about trust: the ability to prove that data existed at a certain time and has not been altered since. Both capabilities benefit from…
Coinbase analysts have adopted a “neutral” Bitcoin and broader crypto market outlook for Q3 2026. After printing a yearly low of $57.8K in H2 2026, $BTC has recovered by nearly 10% but has failed to reclaim $68K or the $70K level. According to Coinbase analysts, led by Colin Basco, Bitcoin appears to be transitioning from a corrective phase toward accumulation. He cited $BTC’s Supply in Loss metric, which was at 50% and matched previous market cycle bottoms. With valuation compressed, we read this as the early innings of a bottoming process rather than a durable low already in place. Source:…
Aave’s latest v4 deposits on Avalanche have reached $20 million, showcasing a remarkable growth trajectory. Reported by @tokenterminal, the total active loans on the platform are currently $5 million. This substantial increase in deposits highlights the growing interest in DeFi solutions on the Avalanche network and indicates a shift in market dynamics. Inside the Move The recent surge in Aave’s v4 deposits is a noteworthy development in the decentralized finance (DeFi) landscape. With deposits on Avalanche doubling in just a month, Aave is solidifying its position in a competitive market. The broader crypto market remains mixed, yet this growth trend…