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.

Virtual Protocol’s Bold $12.7M ETH for cbBTC Swap Unveils Astounding

The cryptocurrency world is always buzzing with strategic moves, and a recent transaction by the Virtual Protocol team has certainly captured attention. In a significant on-chain maneuver, Virtual Protocol recently swapped a substantial amount of Ethereum (ETH) for Coinbase Wrapped Bitcoin (cbBTC). This move highlights an active approach to treasury management within the decentralized finance (DeFi) space. What’s Driving Virtual Protocol’s Latest Crypto Maneuver? Just five hours ago, the Virtual Protocol team executed a noteworthy trade. They exchanged 2,880 ETH for 110.16 cbBTC. This transaction, valued at approximately $12.67 million, was brought to light by the keen observations of on-chain…

DeFiSep 12

Jack Ma-Linked Yunfeng Financial Bets Big on Ethereum With 10,000 ETH Purchase

Jack Ma–backed Yunfeng Financial Group, listed in Hong Kong, purchased 10,000 Ethereum worth $44 million, marking a deeper move into digital asset ventures. The company confirmed that the acquisition was funded entirely through its available cash resources. The move comes as part of Yunfeng’s expansion into Web3, digital assets, and artificial intelligence. Ethereum will serve as a strategic reserve asset for the group. Ethereum to Be Treated as Investment Asset In its announcement, Yunfeng clarified that Ethereum will be reported as part of its investment portfolio in official financial reports. The company emphasized that ETH will support tokenization projects and…

EthereumSep 12

South Korean Lawmakers Invest in Bitcoin, XRP, and Meme Coins

Lawmakers in South Korea are secretly stacking Bitcoin, XRP, and even PEPE. Their bets echo a nation where crypto traders now outnumber stock investors. But as the government pushes to revive local markets, politicians’ portfolios tell another story. A new report shows that many South Korean lawmakers are quietly investing in crypto, choosing digital assets over the weak local stock market. Instead of relying on KOSPI, they are building portfolios with Bitcoin, XRP, meme coins like PEPE, and even U.S. tech giants such as Microsoft and Tesla. This shift reflects a bigger trend across the country. Over 16 million South…

RegulationSep 12

Nigerian Anti-Corruption Agency Chair Warns of Crypto Risks and Calls for Stronger Regulation

The chairman of Nigerian anti-corruption body has issued a stark warning that Nigeria’s financial system is highly vulnerable to large-scale abuse if the country’s cryptocurrency activities remain unregulated. Collaboration for Compliance and Investor Protection Ola Olukoyede, chairperson of the Economic and Financial Crimes Commission (EFCC), described crypto as a powerful “engine of global innovation and wealth creation. However, he warns that it also has the potential “enabler of money laundering, terrorism financing, and fraud.” Olukoyede stressed that the lack of regulation blurs the line between legitimate operators and fraudsters, making the entire ecosystem susceptible to exploitation. “Crypto is the new…

LegalSep 12

Kaia and Taiwan Mobile Join Forces to Accelerate Taiwan’s Web3 Expansion

Taipei — The Kaia DLT Foundation (Kaia) and Taiwan Mobile, one of Taiwan’s leading telecommunications providers, have signed a memorandum of understanding (MOU) to expand the country’s Web3 ecosystem. The partnership combines Taiwan Mobile’s strong local presence with Kaia’s advanced blockchain technology, aiming to lower barriers to entry, foster regulatory-compliant DeFi infrastructure, and accelerate adoption of hybrid digital-asset solutions. — Building Taiwan’s Web3 Community The collaboration will focus first on strengthening Taiwan’s Web3 developer and user community. Both parties will encourage the creation of innovative decentralized applications (Dapps) by enhancing local infrastructure, including potential projects such as stablecoin DEXs and…

BlockchainSep 12

Blazpay Partners with Euler to Drive Autonomous DeFi with Multi-Agent Intelligence

Blazpay, a prominent decentralized finance (DeFi) entity, has unveiled its landmark collaboration with Euler AI, a major DeFi lending protocol on Ethereum. This partnership aims to build a new era of autonomous finance for seamless utility, smarter DeFi strategies, and advanced user experiences with multi-agent intelligence. We’re thrilled to partner with @Euler_AI — the AI Base Layer powering real-time multi-agent systems and enabling self-evolving intelligence. 🤝 With Blazpay x Euler AI, we’re unlocking a new era of autonomous finance — where AI agents drive smarter DeFi strategies, seamless… pic.twitter.com/frMh01Hh65 — Blazpay (@blazpaylabs) September 10, 2025 Blazpay and Euler AI platforms…

DeFiSep 12

Ethereum price holds steady as Binance exchange supply shrinks, sparking hopes of a rally

Shrinking exchange balances on Binance suggest Ethereum holders are pulling coins off the market, a move that could tighten supply and set the stage for next rally. Summary Ethereum price is at $4,330, consolidating just under $4,400 after a late August peak. Binance’s Ethereum supply ratio fell from 0.041 to 0.037, suggesting reduced sell pressure. Ethereum’s chart shows consolidation, with key resistance at $4,480 and support at $4,240 shaping the next move. At the time of writing, Ethereum (ETH) was down 0.9% for the day at $4,330. The asset peaked at $4,946 in late August and has been consolidating just…

EthereumSep 12

Dwayne 'The Rock' Johnson Leads Kamala Harris as 2028 Democratic Presidential Hopeful on Polymarket

Dwayne "The Rock" Johnson, the WWE wrestler-turned-actor, has surpassed former U.S. Vice President Kamala Harris as the leading Democratic contender for the 2028 presidential race on the decentralized betting platform Polymarket. As of now, shares betting "yes" on Johnson's victory are trading at 7 cents, implying a 7% chance of the multi-millionaire actor winning the nomination. This places him fourth in the race, behind Gavin Newsom, Alexandria Ocasio-Cortez, and Pete Buttigieg. Meanwhile, traders priced in a 5% probability of Harris winning the bid, placing her in the 5th spot alongside Andy Beshear. Traders also see 1% chance of Tim Waltz,…

RegulationSep 12

SEC chair says most tokens are not securities, backs ‘super-app’ platforms

US Securities and Exchange Commission (SEC) Chair Paul Atkins said that “most crypto tokens are not securities,” while outlining a sweeping plan to integrate crypto activities like trading, lending and staking under a unified regulatory framework. “It is a new day at the SEC,” Atkins said during a keynote address at the Organization for Economic Cooperation and Development (OECD) Roundtable in Paris on Wednesday. “Policy will no longer be set by ad hoc enforcement actions,” he added, contrasting the previous administration’s aggressive crackdown on crypto firms. “We will provide clear, predictable rules of the road so that innovators can thrive…

LegalSep 12

Qatar Financial Centre Launches Blockchain Proof of Concept to Advance Islamic Finance

Doha, Qatar — The Qatar Financial Centre (QFC) has unveiled a groundbreaking proof of concept (POC) through its Digital Asset Lab, designed to bring blockchain-powered innovation into Islamic finance. Developed with a consortium of partners—Hashgraph, AlRayan Bank, and Blade Labs—the initiative demonstrates how advanced digital infrastructure can drive transparency, compliance, and efficiency across Shariah-compliant financial products. (Cover: Yousuf Mohamed Al-Jaida, CEO of QFC) — Blockchain Meets Islamic Finance The POC introduces a Digital Receipt System (DRS), a blockchain-based tool that enhances auditability and streamlines processes in asset-backed finance. Built on HashSphere, a private, permissioned distributed ledger leveraging Hedera’s enterprise-grade technology,…

BlockchainSep 12