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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.

Bitcoin Staking Debuts on Ethereum Layer-2 Starknet With STRK Incentives

DeFi

Bitcoin became a core part of Starknet’s ecosystem on Tuesday, as the Ethereum layer-2 network began using the asset as a way to secure itself, according to a press release. Starknet users can now participate in the process of validating transactions by delegating Bitcoin to the network in order to earn rewards, StarkWare, the network’s developers, said. Previously, Starknet users could only stake its native STRK token. The company also said that RE7, a London-based investment firm, is building a Bitcoin-denominated yield product on Starknet. The Starknet Foundation is planning on using 100 million STRK to encourage Bitcoin-related activity on…

Ethereum whale unlocks $800M to join Plasma liquidity rush as new chain hits $2.9B TVL

Ethereum

Whales rushed to make plasma deposits into Plasma’s vaults, as the new chain immediately offered DeFi opportunities. An Ethereum whale moved funds from their wallet for the first time in four years to join the liquidity rush. An Ethereum whale moved coins from their wallet for the first time in four years, to join the liquidity rush to Plasma vaults. The chain, which only launched a day ago, is now drawing active deposits, expanding the value locked on multiple DeFi apps. The early-bird Ethereum whale acquired their ETH through mining and Bitfinex purchases. Arkham identified the wallet, noting the entity…

Bolivia Readies for Launching International Settlement-Focused CBDC This Month

Regulation

The Central Bank of Bolivia announced that its national CBDC, the digital boliviano, will be launched later this month. The move is part of a push to modernize the Bolivian payment pipeline and offer a regulated option to counter other alternatives. Central Bank of Bolivia to Launch CBDC This Month Latam countries are increasingly looking to integrate digital currencies as part of their financial systems. The Central Bank of Bolivia recently announced that it is taking the final steps to launch the digital boliviano, a national central bank digital currency (CBDC). The initiative, announced in May and slated for an…

SEC clears DePIN tokens as ‘fundamentally’ outside jurisdiction

Legal

The US Securities and Exchange Commission has signalled that it won’t take enforcement action against tokens tied to blockchain-based Decentralized Physical Infrastructure Networks (DePIN). In a no-action letter on Monday, SEC Division of Corporation Finance chief counsel Michael Seaman said he “will not recommend enforcement action” to the SEC for the planned token launch of the DePIN project DoubleZero. SEC Commissioner Hester Peirce separately added that the “economic reality of DePIN projects differs fundamentally from the capital-raising transactions Congress charged this Commission with regulating.” The rare no-action letter from the SEC is the agency’s latest example of its crypto enforcement…

Trader Opens $154M XRP Short on Hyperliquid, Faces $1.2M Loss Risk

Exchanges

A trader opened a $154M XRP short on Hyperliquid, already facing steep losses. XRP slipped to $2.70, marking monthly lows before a slight recovery. A high-stakes move has re-emerged on Hyperliquid after a trader known for massive positions opened fresh shorts against Bitcoin (BTC) and XRP. On-chain data shows the wallet “0x9018” returned to the exchange with 4.22 million USDC before immediately deploying it into leveraged bets. Gambler @qwatio created a new wallet “0x9018” and returned to #Hyperliquid with 4.22M $USDC. He shorted 1,366.67 $BTC($150M) with 40x leverage and 2.78M $XRP($7.7M) with 20x leverage, resulting in a loss of over…

MathWallet Announces Official Support for Plasma Mainnet

Blockchain

MathWallet, a prominent multi-chain cryptocurrency wallet, has announced support for Plasma Mainnet, a well-known stablecoin infrastructure platform. By supporting Plasma Mainnet, MathWallet lets wallet holders smoothly shift to Plasma Mainnet via the MathWallet app. As disclosed in the official social media announcement shared by MathWallet, the development provides a wide set of diverse blockchain interactions to the users. Hence, the move is anticipated to improve usability, accessibility, and provide a robust basis for noteworthy decentralized finance (DeFi) operations. MathWallet now supports Plasma Mainnet @Plasma ! Open your MathWallet, you may: ❤️Switch to Plasma Mainnet ☑️Create or Import wallet 📩Transfer &…

Societe Generale’s Crypto Arm Deploys Euro and Dollar Stablecoins on Uniswap, Morpho

DeFi

Societe Generale’s digital asset subsidiary, SG-FORGE, has taken its euro and dollar stablecoins into decentralized finance (DeFi), opening them up to borrowing, lending and spot trading, according to a press release on Tuesday. The move places the bank’s EURCV$1.1741 and USD CoinVertible (USDCV) on Ethereum-based protocols Morpho and Uniswap, extending SG-FORGE’s effort to distribute its stablecoins, digital tokens whose value is pegged to a real-world asset, through centralized exchanges and brokers. By moving into DeFi, SG-FORGE allows clients to transact around the clock with assets tied to major currencies, while relying on smart contracts to handle the mechanics. On Morpho,…

Ethereum price chart points to a 16% crash as liquidations near $1 billion

Ethereum

Ethereum price retreated to the lowest level since August 6 as the recent crypto market crash continued and liquidations jumped. Summary Ethereum price has crashed this week as liquidations soared. The weekly liquidations jumped to almost $1 billion. Technical analysis points to a 16% plunge in the near term. Ethereum (ETH) fell to $3,800, down 20% from its highest point this month. Its decline has mirrored the performance of other top cryptocurrencies like Bitcoin (BTC) and Ripple (XRP). Ethereum price crashed as liquidations jumped One of the main reasons why ETH price plunged is that liquidations jumped to almost $1…

MARA Holdings Stock Surge With $5.9B in Bitcoin Reserves

Regulation

MARA stock strengthened as Marathon Digital boosted its Bitcoin treasury to $5.9B (52,477 BTC), making it the second-largest public holder after Michael Saylor’s Strategy. MARA stock outlook improves with renewable-powered mining, a growing hashrate, and expansion into AI-driven global ventures. MARA Holdings has once again made headlines in the crypto mining sector, pushing its Bitcoin treasury to $5.9 billion. The company now controls 52,477 BTC, securing its spot as the second-largest public holder of Bitcoin after Michael Saylor’s Strategy. Despite a turbulent August where Bitcoin fell 6% from its highs, MARA doubled down on its long-term bet on Bitcoin. Mining…

SEC Willing to Engage with Tokenized Asset Issuers, SEC’s Hester Peirce Says

Legal

SINGAPORE — SEC Commissioner Hester Peirce said Tuesday that the regulator is open to engaging with industry participants on tokenizing products, while emphasising the complexity of how these tokenized assets interact with their traditional counterparts. "We are willing to work with people who want to tokenize, we urge them to come talk to us," Peirce said while speaking at the Digital Assets Summit in Singapore. A tokenized security is a blockchain-based digital representation of ownership or rights in an underlying asset, such as stocks or bonds. It means the same security can exist in both traditional paper certificates and electronic…