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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.

BlackRock dwarfs competitors with $150 million Ethereum purchase in a day

BlackRock’s dominance of the spot Ethereum (ETH) exchange-traded fund (ETF) was on display on September 4, when the world’s largest investment firm dwarfed competitors in the market. In this case, BlackRock recorded $148.8 million in net Ethereum ETF inflows, making it the sole major buyer and far outpacing rivals, according to data retrieved by Finbold from Coinglass. In contrast, several competitors faced heavy redemptions. Particularly, Fidelity led the sell-off with $216.7 million in outflows, followed by Bitwise with $45.7 million. Grayscale’s ETHE shed $26.4 million, while its separate Ethereum Trust saw another $6.4 million in redemptions. On the other hand,…

Ethereum

Vlad Tenev Pushes Robinhood Beyond Stocks

Robinhood’s CEO Vlad Tenev laid out a roadmap for his retail trading company (NASDAQ: HOOD) that signals a departure from the typical online brokerage model and a move toward what he described as a “family office in your pocket.” Speaking in an extended interview with The Iced Coffee Hour podcast, Tenev detailed a vision for a multigenerational financial platform that could widen access to investing, integrate tokenized assets, and streamline services for users across age groups. Tenev said the company is responding to a major shift in how Americans approach investing, with younger users channeling discretionary spending into stocks, technology,…

Regulation

Block defeats shareholder lawsuit over 2021 Cash App data breach

Block won its shareholder lawsuit on Tuesday over the alleged December 10, 2021, Cash App data breach. The financial company was accused of misleading shareholders in connection with a large data breach at its Cash App mobile payment service. U.S. District Judge Margaret Garnett ruled in favor of the tech firm, arguing that there was no valid proof Block intended to defraud shareholders in regards to the data breach incident. According to a 42-page court document, a former Block employee downloaded personal information of about 8.2 million Cash App users. Shareholder suit alleges Block misled on security practices The class…

Legal

Does crypto really need more blockchains?

This is a segment from The Drop newsletter. To read full editions, subscribe. You’ve probably heard about superhero fatigue — the oft-written-about concern that moviegoing audiences are burnt out on superhero movies as a genre because studios like Marvel and Warner Bros. have been churning out so many for over a decade now. Some believe superhero fatigue has occurred in part because the quality of said movies and shows has declined overall over time. The movies start to blend together; a few gain loyal fans, while many others are quickly forgotten. Sound familiar? I can’t help but feel like this…

Blockchain

Pendle’s Kinetiq Markets Surpass $1 Billion

Yield tokenization platform Pendle and Hyperliquid’s leading liquid staking protocol, Kinetiq, continue to benefit from each other as Pendle’s kHYPE markets cross the $1 billion milestone. Kinetiq staked HYPE, or kHYPE, is the third largest market on Pendle, trailing Ethena’s USDe and sUSDe, with $1.13 billion in total value locked. Nearly 80% of that is concentrated in kHYPE, while the remaining 20% is in Veda kHYPE (vkHYPE) markets. kHYPE Markets on Pendle - Pendle PENDLE and HYPE have been two of DeFi’s top-performing tokens in 2025, with HYPE up 480% from its April low, and PENDLE up 170% from its…

DeFi

ETH price poised for a rally as exchange flux balance turns negative

ETH price appears poised for further upside as on-chain data shows investors are withdrawing record amounts from exchanges. Summary Despite failing to break into the $4800 level on two tries, ETH price continues forming higher lows, keeping the uptrend intact. Exchange Flux Balance for ETH has turned negative for the first time in history, indicating strong accumulation. Ethereum (ETH) price has recently faced another rejection at the $4,800 level, despite briefly peaking at $4,957 on Sunday. However, ETH continues to form higher lows, currently consolidating above the $4,200 horizontal support and staying firmly above the previous higher low at $4,060,…

Ethereum

U.S. Treasury Executes $1.4B Debt Buyback- Total Hits $7.4B

A debt buyback of up to 1.4 billion was completed by the U.S. Treasury on an August 26, 2025, bringing the two-week total to 7.4 billion. This action is consistent with quarter-to-quarter refunding techniques, and it indicates the growing worry about liquidity control in the context of national debt that is over 35 trillion. Operation Details and Scale The redeeming on August 26 repurchased $1.4 billion worth of Treasury securities that have a maturity date between August 2025 and December 2030. An amount of 5.87 billion worth securities were received, which shows great participation of both the primary dealers and…

Regulation

Solana leads all blockchain networks in revenue with $1.25 billion in 2025

Solana has generated $1.25 billion in revenue year-to-date, enough to make it the clear leader for revenue among blockchain networks. Crypto media platform Milk Road shared the data, noting that Solana has 2.5x of Ethereum revenue. According to the data, Ethereum, while being the closest to Solana in revenue, has only $523.28 million this year. Other networks that come close are decentralized perps blockchain Hyperliquid, and the TRON network, with $501.71 million and $450.5 million, respectively. YTD revenue for blockchain networks (Source: Milk Road) Milk Road post stated: $SOL is in a league of its own. Solana has generated $1.25B…

Blockchain

Aave takes precautions as Scroll governance faces uncertainty

Aave, the largest decentralized lending protocol, has proposed reducing its exposure to governance risks within the Ethereum layer-2 network, Scroll’s ecosystem. The initiative, submitted on Sept. 11 by the Aave Chan Initiative (ACI), comes amid mounting instability in Scroll’s decentralized governance model. The proposal outlines several defensive measures to protect Aave’s users and liquidity pools. These include raising the reserve factor for all listed assets to 90%, lowering supply caps to existing levels, and cutting borrowing caps for all borrowable assets. According to ACI, these steps will help contain exposure to Scroll-based assets, reinforce protocol safety through conservative risk parameters,…

DeFi

HashKey Launches STBL Tokenized Note Backed by AAA Funds

HashKey Exchange has unveiled the STBL tokenized note on its wealth management platform. Cinda International Asset Management issues the note, which is a portfolio of AAA-rated money market funds (MMFs) underpinning it. This product offers professional investors a secure, high-quality digital asset investment vehicle. STBL allows daily subscriptions and redemptions, while also supporting 24/7 transfers between accounts. Trading in STBL/USD officially opened for subscription at 4:00 PM on August 28. It provides a new avenue for professional investors seeking exposure to stable, short-term financial instruments in tokenized form. Designed for Professional Investors The STBL note is exclusively available to professional…

Regulation