Author: NBTC

Australia’s financial crime watchdog has just raised the compliance bar for the crypto industry, and the change kicks in immediately. Under new AUSTRAC crypto regulations, anyone using certain cryptocurrency services in the country will now need to verify their identity and explain where their money actually came from. It’s a shift that touches everyday traders as much as the exchanges and platforms that serve them. Key takeaways AUSTRAC now requires ID verification for users of certain crypto services in Australia. Users must confirm the source of their funds before completing eligible transactions. The rules are designed to combat money laundering…

Binance and RedotPay are disputing whether a Singapore case related to their nearly $473 million Hong Kong legal battle is coming to an end. The stablecoin payments card issuer told Cointelegraph on Tuesday that it expects Binance to discontinue the Singapore proceedings following a hearing on Aug. 7. “RedotPay will be seeking legal costs arising from the discontinuance of the matter from the claimant,” a spokesperson for RedotPay said, adding that the parties would try to agree on costs. However, Binance said it has no plans to abandon its claims. “Reports that Binance will be withdrawing its Singapore claims are…

HyperEVM, the Ethereum Virtual Machine environment built on Hyperliquid’s $HYPE-native layer-one blockchain, reached a new milestone on Aug. 23 when daily network fees climbed above $500,000 for the first time. According to DefiLlama data, the network generated $538,080 in fees that day, marking a record high for the platform. What Drives HyperEVM’s Fee Growth? HyperEVM’s fee revenue is generated from transaction costs paid by users interacting with decentralized applications (dApps) and protocols built on the network. The surge in daily fees reflects increased on-chain activity, which can be attributed to a growing ecosystem of DeFi platforms, trading applications, and other…

On-chain research firms and cycle analysts are projecting late 2026 as the most likely time for Bitcoin to make its cycle low. Those who agree with this scenario note that a further macroeconomic deterioration or a regulatory crackdown could cause the price to bottom in 2027. The global crypto market has witnessed some heavy sell-off over the first half of 2026. Its cumulative market cap stands at around $2.18 trillion. Bitcoin price is down by more than 27% on the year-to-date (YTD). Late 2026 is the projected time for Bitcoin to bottom A Glassnode report highlights Q3 as a possible…

Bitmine Immersion Technologies BMNR$23.51·At close, the largest Ethereum treasury company, picked up the pace of its ether $ETH$2,511.20 purchases last week, buying 32,447 $ETH after several weeks of more modest additions to its crypto treasury. The purchase is worth roughly $81 million at Monday’s $ETH price of $2,500 and lifted Bitmine’s holdings to 5,847,611 tokens. The entire stash is valued at about $14.6 billion at current prices. BMNR is higher by 3.5% in pre-market trading as $ETH climbs past $2,500. The Tom Lee-chaired company had eased off its buying in recent months as it moved closer to its self-imposed goal…

RocketFuel Blockchain transferred substantially all assets used in its payments business to RPay, whose sole director and CEO, Peter M. Jensen, also serves as a RocketFuel director and executive officer. The related-person deal closed Aug. 13 and was disclosed in an Aug. 21 regulatory filing. RocketFuel said the assets used primarily in payments included intellectual property, contracts, merchant relationships and other assets, together with cash and accounts receivable attributable to that business. The disclosed consideration centered on debt relief. RPay assumed $800,000 in deferred compensation that RocketFuel owed Jensen and $200,000 owed to Bennett J. Yankowitz, a former RocketFuel director…

Crypto markets have already seen algorithmic trading, automated market makers, and high-frequency bots. The next phase looks different. Instead of software that simply follows instructions, blockchain developers are preparing for autonomous AI agents that can analyze information, make decisions, and complete transactions without waiting for human approval. $BNB Chain’s latest roadmap is built around that future. Its new AI-focused Layer-1 is designed specifically for machine-native applications, creating an environment where projects like MemeToro ($MT) could become part of a much broader AI-powered blockchain ecosystem. $BNB Chain Is Preparing for Machine-Native Finance The new Layer-1 represents a major expansion of the…

Japan’s Financial Services Agency (FSA) has removed the 1 million yen (approximately $6,700) cap on stablecoin transactions for certain operators, a regulatory shift that could pave the way for broader institutional participation in the country’s digital asset market. The cap had applied to second-category funds transfer service providers under the revised Payment Services Act, which took effect in 2023. According to Crypto Briefing, the limit was widely criticized for restricting stablecoin usage largely to small peer-to-peer payments, hampering adoption by businesses and financial institutions. Regulatory context and the path forward The revised Payment Services Act introduced the cap as part…

Prediction market exchange Kalshi has launched its live order book data on DoubleZero Edge, giving traders access to real time market data through DoubleZero’s dedicated fiber network. Prediction markets just got Wall Street-grade trading infrastructure.@Kalshi’s live order book is now streaming on @DoubleZero Edge, a multi-venue, real-time market-data platform. Institutional-grade market data is now open to anyone, anywhere. pic.twitter.com/SU6qMwPfTm — DoubleZero (@doublezero) August 12, 2026 The integration makes Kalshi the first prediction market available through Edge and the second venue on the platform after Solana. It is also the first time Kalshi market data has been distributed through a multicast…

$XDC Network is adopting the x402 payment standard through a new product called $XDC AI, a marketplace that lets AI agents pay for digital services on their own using $USDC, without a human approving each transaction. The launch was demonstrated at a New York event on July 29, 2026, in front of more than 100 representatives from banks, technology companies, venture capital firms, and family offices. $XDC Network is an enterprise-focused, EVM-compatible Layer 1 blockchain that runs on a Delegated Proof of Stake consensus engine, processing roughly 2,000 transactions per second with 2-second finality. The network has traditionally focused on…