Author: NBTC

Onchain analytics firm Onchain Lens reported that the USDH Deployer address, a major holder of Hyperliquid’s native token $HYPE, has begun moving and selling a significant portion of its holdings. The activity began approximately 12 hours ago, following a scheduled token unlock. Details of the Transaction According to the on-chain data, the address first unlocked 1.01 million $HYPE, valued at roughly $72.45 million at current market prices. Shortly after, the deployer transferred 209,984 $HYPE (approximately $15 million) to a newly created wallet address. A separate transaction moved 200,000 $HYPE ($13.76 million) to the liquidity provider Flowdesk. From that Flowdesk deposit,…

In brief A developer is suing Cave City, Kentucky, over a one-year moratorium on new data centers. The proposed $4.8 billion AI campus would be built near Mammoth Cave National Park. The case could become an early test of how much authority local governments have to block AI infrastructure projects. The developer behind a proposed $4.8 billion AI data center near Mammoth Cave National Park is suing a Kentucky city after officials moved to halt the project, escalating a growing conflict between local governments and companies racing to build AI infrastructure. According to a report by The Lexington Herald-Leader, Kentucky…

Introduction If you’ve searched for “mt gox” recently, it’s probably because the name showed up in a headline again — more than a decade after the exchange collapsed, a dormant wallet linked to it still makes news whenever it moves Bitcoin. To understand why that keeps happening, it helps to know what Mt. Gox actually was, how it fell apart in 2014, and why a bankruptcy case from over a decade ago is still, in a very real sense, unfinished business for the Bitcoin market. What Was Mt. Gox? Mt. Gox was a Tokyo-based cryptocurrency exchange that, at its peak,…

Trex Network has committed over $100 billion in tokenized assets, utilizing Polygon’s compliance layer to ensure regulatory alignment. This significant milestone highlights the growing integration of blockchain technology in traditional finance. As reported by Polygon, this development may strengthen regulatory trust in tokenized solutions. What Happened The broader crypto market is currently exhibiting mixed signals, with many assets experiencing fluctuations. Trex Network’s announcement about its substantial commitment in tokenized assets comes at a time when the sector is navigating regulatory scrutiny. By adopting Polygon’s compliance layer, Trex aims to address key regulatory concerns, potentially paving the way for further institutional…

Bitcoin is at a pivotal moment. Analyst Gareth Soloway has identified $63,500 as the single most important level in the near term. Bitcoin rallied from its double bottom to $67,200 before pulling back to current levels. That pullback is normal and healthy. But the level being tested right now is exactly where the original breakout occurred, making it a critical support zone that bulls must defend. If $63,500 holds, the next technical target is $70,000. If it breaks, the double bottom support weakens with each subsequent test and eventually gives way entirely. The Macro Concern Zooming out, Soloway identified a…

Morph, an L2 blockchain infrastructure platform, has partnered with Morpho, a decentralized lending entity, and Gauntlet, a decentralized finance (DeFi) risk management firm. The partnership aims to offer institutional-level DeFi yield to more than 125M consumers. As Morph revealed in its official press release, the initiative is set to streamline access to diverse $BTC-backed yield strategies and lending services. For this purpose, it is integrating a cutting-edge DeFi framework into compatible user platforms. Institutional yield is coming to 125+ million users of @bitget and @BitgetWallet through Morph.Together with @gauntlet_xyz , @Morpho , @redstone_defi ,and @chainlink ,Morph is helping bring $BTC-backed…

The Bank of Korea is moving closer to live transaction testing of deposit tokens under the second phase of Project Hangang, its central bank digital currency (CBDC) pilot program. According to a report from Yonhap News, the central bank and participating commercial banks are finalizing system preparations and participant recruitment. If development proceeds on schedule, live trading could begin as early as September and continue on an open-ended basis. What Is Project Hangang? Project Hangang is the Bank of Korea’s multi-phase initiative to explore the feasibility and practical applications of a wholesale CBDC. The first phase focused on technical infrastructure…

Zcash ($ZEC) is climbing while most of the market falls, and the reason sits on-chain rather than in the price action. $ZEC rose more than 13% over the past 24 hours to about $618, even as Bitcoin, Ethereum, and Solana all fell. That makes it one of the few large tokens in the green. Two on-chain records help explain why the largest privacy coin keeps outrunning the weakness. Zcash Shielded Supply Climbs to a Record High The clearest signal sits in Zcash shielded supply, the amount of $ZEC held in private pools that hide transaction details. That total has climbed…

In brief Texans reported $56.8 million in crypto kiosk losses in 2025, more than any other state, across 1,179 FBI complaints. National losses rose 58% to $389 million from 13,460 complaints. Indiana, Tennessee and Minnesota have banned Bitcoin ATMs outright. Texans lost $56.8 million to cryptocurrency kiosks last year, more than any other state, according to FBI figures put before a legislative committee on Thursday. The state accounted for 1,179 of the 13,460 complaints the bureau logged nationally in 2025, a year in which reported losses to the machines rose 58% to $389 million. The kiosks take cash and convert…

In the 24 hours starting March 12, 2020, Bitcoin plunged from roughly $7,900 to $3,600, shredding over-leveraged longs across every derivatives venue. At the center of the storm was BitMEX, the exchange that had practically invented the perpetual swap. Its matching engine went dark for about 25 minutes—a gap that, according to a veteran user’s retrospective, may have interrupted a self-reinforcing liquidation spiral and prevented Bitcoin from trading far lower. As recounted in the original report, BitMEX’s infrastructure defined how the industry built derivatives. Funding rates, mark prices, insurance funds, auto‑deleveraging—all became standard components, many introduced first by BitMEX. But…