Author: NBTC

Syscoin, the blockchain platform behind the SYS token, has confirmed that 5 billion SYS tokens minted in an unauthorized incident have been fully recovered and permanently burned. The project announced that the tokens have been sent to a designated recovery address and subsequently destroyed, rendering them unusable on the protocol. Incident Details and Response The unauthorized minting event, which came to light earlier this week, raised immediate concerns within the Syscoin community about the integrity of the token supply. In a swift response, the Syscoin team identified the source of the exploit and worked to secure the affected funds. The…

In brief Bankers reported a £5 million ($6.7 million) gift to Nigel Farage from crypto billionaire Christopher Harborne to the UK’s National Crime Agency, the Guardian has reported. They filed a suspicious activity report in May 2024, saying they could not trace where the money ultimately came from; such a report is not proof of wrongdoing. Reporting on the SAR comes amid a standards investigation into whether Farage should have declared the gift, which he says he was under no obligation to do. Nigel Farage’s £5 million gift from billionaire Tether investor Christopher Harborne was flagged to the UK’s National…

Circle’s $USDC stablecoin widened its lead over competitor Tether’s $USDT by transaction volume during the first half of 2026, according to fresh data from Visa’s onchain dashboard. In June alone, stablecoin activity increased to a record $1.79 trillion in adjusted transaction volume, up 63% from May’s $1.1 trillion and 125% from about $795 billion in June 2025. Visa removes bot activity, exchange transfers and other blockchain transactions that do not reflect real economic activity before calculating adjusted volume. These figures come as banks and other financial institutions expand their use of stablecoins for payments, settlement and treasury operations. Standard Chartered…

A Bitcoin treasury company is a publicly traded business whose main purpose is to hold crypto on its balance sheet, letting stock-market investors get exposure without touching a wallet. The model minted fortunes on the way up. Understanding the premium that powers it, and the discount that can break it, is the whole game. Table of Contents What a Bitcoin treasury company actually is How the engine actually works The most important concept: premium and discount to NAV The financial engineering that amplifies the bet The risks: concentration, reflexivity, and the discount trap How it differs from owning Bitcoin or…

Input Output Global (IOG) CEO Charles Hoskinson has criticized Ethereum’s staking mechanism, arguing that Cardano provides a better alternative. In a recent commentary, Hoskinson took aim at several aspects of Ethereum’s proof-of-stake (PoS) architecture, particularly its staking design. According to him, Ethereum forces users to navigate unnecessary fund lockups, slashing risks, bonding periods, with liquid staking solutions built around derivative assets such as Lido. “You have to lock your funds, and have slashing and bonding, and all this garbage, and create synthetic assets like Lido,” Hoskinson said. He contrasted Ethereum’s approach with Cardano’s staking model, emphasizing that Cardano does not…

While the tech world was busy fawning over quantum computing, a German gas engine company walked into the Nasdaq and raised more money than anyone expected. Innio Group, which makes distributed power generators, completed its upsized IPO on June 4, pricing 90 million shares at $27 each and pulling in roughly $2.43B to $2.73B. That’s not a typo. A company that builds gas engines for on-site power generation just out-raised Quantinuum, the Honeywell-backed quantum computing darling, by more than a billion dollars. The numbers tell a very clear story Innio’s stock surged 20-23% on its first day of trading, giving…

Kazakhstan, one of the world’s largest Bitcoin mining hubs, is moving to expand its crypto sector as a new decree introduces rules for stablecoin payments, tax breaks for regulated crypto activity and new energy options for mining. Kazakhstan President Kassym-Jomart Tokayev has signed a decree aimed at building a regulated digital asset market, the Ministry of Artificial Intelligence and Digital Development (MAIDD) announced on Wednesday. Developed jointly by MAIDD, the central bank and the Astana International Financial Centre, the order is viewed as a tool to increase regulatory clarity for crypto businesses, investors and digital asset service providers. The move…

Taiwanese celebrity and cryptocurrency trader Jeffrey Huang, widely known as Machi Big Brother, has publicly declared his intention to recover all his trading losses in a single high-leverage position. The statement, posted on X, comes as Huang currently holds a 25x long position of 11,100 Ether ($ETH) on the Hyperliquid decentralized exchange. The Position and Market Context According to on-chain data, Huang’s position has an entry price of approximately $1,735.7 per $ETH and a liquidation price of $1,751. This extremely tight margin — roughly $15.3 below the current market price — places the trade at high risk of liquidation. At…

Michael Saylor’s “buy and hold forever” $BTC strategy, which seemed highly appealing, has become a concern as MSTR and $BTC prices trade at yearly lows. Economist and longtime Bitcoin critic Peter Schiff said many “Bitcoiners are way too complacent” about the reality of the situation at play. Strategy’s stock MSTR dropped to $103 on Tuesday, marking a 23-month low and an 81% decline from its all-time high. The company’s preferred stock STRC is also down nearly 13%, “yielding” 13.2%. The biggest Bitcoin owner is simply “collapsing,” Schiff claims. Bitcoiners are way too complacent. $MSTR, the biggest Bitcoin owner and its…

Ethereum has weakened for a second straight session as a bearish rounding-top pattern and renewed selling pressure threaten a move toward $1,650. According to data from crypto.news, Ethereum ($ETH) was trading near $1,737 at press time, down nearly 2% over the past 24 hours after a wallet linked to a large holder transferred roughly $26.9 million worth of Ether to a centralized exchange. The move triggered fresh profit-taking after Ethereum’s recent recovery stalled just below a major technical resistance zone between $1,800 and $1,806, where the daily Supertrend indicator and the 50-day exponential moving average converged. Geopolitical tensions have added…