Author: NBTC

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.

The Truth About Wallets, Exchanges, and Taxable Events (Exclusive Interview)

RegulationSep 22

Crypto taxation has long been a source of confusion, and with the IRS placing digital assets front and center on tax forms, clarity has never been more important. From the introduction of Form 1099-DA to new requirements for brokers, ETFs, and eventually DeFi platforms, the coming changes will redefine how individuals and institutions navigate their crypto tax obligations. In this interview, Lawrence Zlatkin, Vice President of Tax at Coinbase, outlines what these changes mean, the common misconceptions investors should avoid, and the strategies that can help taxpayers stay compliant while minimizing liability. What counts as a taxable event under the…

Coinbase Might Lose Its Dominance as Competition Heats Up

RegulationSep 22

According to a recent report by the Financial Times, the Coinbase exchange is at risk of losing its dominance due to the White House's enthusiasm for crypto, which has enabled "mounting competition." Bitwise's Ryan Rasmussen has told the FT that the US exchange giant might be losing its head start. Coinbase's stock stumbles You would not be able to tell this based on Coinbase's stock performance. In July, as reported by U.Today, the company's shares hit a new record high for the first time since its initial public offering in 2021. The stock has suffered a roughly 33% correction since…

Ripple Investors Receive Discounted Claim Offers From Cherokee; Deaton Explains IPO Outlook

RegulationSep 22

An investor recently shared a letter from Cherokee Acquisition, a firm that buys bankruptcy and distressed claims. The letter revealed Cherokee’s interest in acquiring claims tied to Linqto Texas, LLC (Case No. 25-90186) at discounted prices. Cherokee’s Proposal Cherokee laid out two ranges for its bid: claims above $100,000 were priced between 70% and 75%, while claims under $100,000 were offered between 65% and 70%. The company said that sellers could get an immediate cash payout, while Cherokee would take on the risk of waiting for distributions. Deaton’s Perspective Attorney John Deaton explained that firms like Cherokee operate by purchasing…

Pundi X Wallet Unlocks Seamless USD1 Stablecoin Support

ExchangesSep 22

In the rapidly evolving world of digital finance, new integrations constantly reshape how we interact with our assets. A truly significant development has just emerged for users of the Pundi X Wallet, bringing enhanced utility and broader access to stable digital currencies. This exciting update promises to simplify how you manage your digital funds. What Does Pundi X Wallet’s New USD1 Support Mean for You? Pundi X (PUNDIX) recently made an exciting announcement on X, confirming that its robust Pundi X Wallet now officially supports USD1. This isn’t just another token; USD1 is the stablecoin issued by World Liberty Financial…

Entering a Critical Week – Numerous Economic Developments and Altcoin Events Are Coming Up – Here’s What to Follow Day by Day, Hour...

RegulationSep 22

The cryptocurrency market has left behind a week in the green for Bitcoin and altcoins in general. However, the new week will play host to one of the most critical weeks of the year. The interest rate decision, to be announced on Wednesday, will be particularly closely watched. Here is the cryptocurrency calendar we have prepared especially for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) Monday, September 15th ZKC – Binance will list Boundless (ZKC). The SEC Crypto Task Force, chaired by Commissioner Hester Peirce, will hold a national roundtable in Chicago on September 15 and…

Crypto isn't Web 3.0, it's Capitalism 2.0 — Crypto exec

RegulationSep 22

Calling crypto “Web 3.0”, the third layer of the internet that enables permissionless asset ownership on the Web, “undermines” crypto’s true significance, which is a complete overhaul of the capitalist system, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. Mumtaz said that crypto supercharges all the necessary ingredients for capitalism to function properly, including the free flow of information in a decentralized way, immutable property rights, incentive alignment, transparency, and “frictionless” capital flows. Mumtaz added: “Crypto's endgame will be that it fundamentally evolves the most impactful human invention of all time: capitalism. We said crypto…

Decentralized Exchanges Records Weekly Trading Volume of $70.52 Billion; Top Performers Include UniSwap, Pancake, Meteora, Hyperliquid, Aerodrome & Others

ExchangesSep 22

Decentralized exchanges (DEXs) continue to experience significant trading activity. According to data reported today by market analyst Phoenix Group, spot trading volume on DEXs reached $171.26 billion over the past week, an increase of 21.05% from the previous week. This shows sustained growth in on-chain spot trading on decentralized exchanges. As per the data, DEX platforms, including UniSwap, Pancake, Meteora, Hyperliquid, Aerodrome, Raydium, Oraca, and LFJ, are seeing massive trading activity as increased customers use them to execute various DeFi trades. TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Uniswap #PancakeSwap #Meteora #Hyperliquid #Aerodrome #Raydium #Orca #LFJ #Curve pic.twitter.com/vKRAM0oSi7 — PHOENIX…

Gumi’s Cryto Profit Surges Despite Game Sales Slump

RegulationSep 22

Tokyo-based mobile game developer gumi posted a sharp turnaround in quarterly profits as cryptocurrency holdings significantly boosted earnings. Despite a steep drop in core gaming revenue caused by restructuring and asset sales, the company leveraged Bitcoin gains and a planned XRP purchase to deliver strong overall financial results. Crypto Windfall Offsets Weak Game Revenue Gumi announced that first-quarter revenue declined 52.5% year-on-year to $9.2 million (1.35 billion yen). Nevertheless, operating profit rose 11.0% to $491,000, while ordinary profit surged 371.1% to $8.3 million. Net income climbed to $8.4 million, marking a decisive turnaround from a $1.13 million net loss recorded…

Bitget Onchain Surpasses $100M Daily Volume in Just Three Days

ExchangesSep 22

Bitget, one of the prominent cryptocurrency exchanges, has reported that its Bitget Onchain system has reached 100 million dollars in day trading volume. The success reflects the growing usage rate of the platform, especially in tokenized stocks and exchange-traded funds (ETFs). Bitget says that the trading volumes of the platform had increased exponentially in only three days, as they did: starting with 31 million, then 56, and, finally, 113 million. This intensive development is an indicator of the increasing interest of investors in the integration of traditional finance and blockchain-based solutions. The milestone arrives when the tokenized assets have become…

Mining can be crypto’s first line of defense—if it embraces radical transparency

MiningSep 22

The following is a guest post and opinion from Jill Ford, Founder of Bitford Digital. The DOJ’s seizure of roughly $1 million tied to BlackSuit ransomware is more than just a win against cybercrime. It’s a sign that crypto is maturing under regulatory scrutiny. Contrary to the myth of anonymity, most on-chain activity leaves a traceable ledger, and investigators are getting better at following it. This new reality reshapes the conversation around digital assets. Instead of debating whether crypto is inherently good or bad, the question becomes: how do we build legitimate systems, particularly at the mining level, that reinforce…