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.

Ether Enthusiasm Cools as ETFs Shed $505M in 4-Day Slide

Ether exchange-traded funds (ETFs) have recorded four consecutive days of outflows, marking a sharp turn in sentiment after a month of heavy inflows that saw them outperform their bitcoin BTC$110,838.91 counterparts. Over the past four trading sessions, spot ether ETFs shed a combined $505.4 million, according to data compiled by Farside Investors. By contrast, bitcoin ETFs brought in $283.7 million during the same period. This reversal follows a striking August performance when ether ETFs saw more than $4 billion in inflows, compared to just $629 million for bitcoin funds. The shift appears tied to price action. Ether dropped to $4,209…

EthereumSep 12

Startup Mo Raises $40M Series B as VCs Pile Into Stablecoins: Report

Stablecoin startup Mo has raised $40 million in Series B funding as venture capital firms continue to pile money into the sector, Fortune reported on Thursday. The funding round was led by Polychain and Ribbit Capital and included contributions from the Endeavor Catalyst fund and existing investors Pantera and Bain Capital Crypto. Mo, which has now raised almost $100 million in capital do far, declined to disclose its valuation in the funding round, according to the report. The startup is building a network for stablecoin issuers to deploy tokens without having to build their own software for transferring assets across…

RegulationSep 12

Stephen Miran’s Fed nomination advanced after a 13–11 Senate panel vote

Stephen Miran’s nomination to the Federal Reserve Board advanced on Wednesday after the Senate Banking Committee approved it in a 13–11 vote, split strictly along party lines. Every Republican backed Stephen, every Democrat said no. The vote came just one week before the Fed is scheduled to meet to decide on interest rates, something Donald Trump has been hammering them about for months. The decision also dropped one day after a federal judge blocked Trump from removing another Fed governor, Lisa Cook, while her case against him plays out. Trump nominated Stephen, who currently chairs the Council of Economic Advisors,…

LegalSep 12

Ronin Ethereum Layer 2 Transition Supported by $5–7M Grants

Ronin Network, the blockchain behind the famous game Axie Infinity, is making a major change. According to Cointelegraph, Ronin is moving to Ethereum’s Layer 2 using Optimism’s OP Stack. This upgrade promises 15 times faster transactions, better security, and a connection to a bigger network called the Superchain, which includes platforms like Base and Uniswap. To top that, Ronin is offering $5 to $7 million in the form of grants to help developers build on the new network. This move shows how blockchain is growing to be faster, more safe and connected. Why Ronin Is Changing Ronin started as a…

BlockchainSep 12

Ethereum Supply Crisis? Billions in ETH Exit Exchanges

TL;DR Exchange balances fall from 27M ETH peak to negative, showing historic withdrawals and tightened liquid supply. Ethereum trades at $4,390, down 3% weekly, but outflows suggest long-term accumulation by holders. ETFs add demand alongside exchange withdrawals, with analysts projecting ETH could target $10,000 next cycle. Exchange Balances Turn Negative Ethereum’s exchange flux balance has slipped into negative territory for the first time on record, according to analyst Cas Abbé. The data shows that outflows from exchanges now exceed inflows, marking a shift in how ETH is being held. Abbé said, “This isn’t noise, it’s billions in ETH being pulled…

EthereumSep 12

A Bitcoin Startup Raised $50M to Allow Users to Trade With 'Bitcoin-Grade' Security

Portal to Bitcoin, a Bitcoin-first protocol enabling trust-minimized cross-chain trading, has secured $50 million in new financing led by Paloma Investments, bringing the project's total funds raised to $92 million. The funding will support the expansion of BitScaler, the firm's adapter that scales native Bitcoin without wrapped tokens, custodial bridges, or "message passing or other insecure alternatives," according to an emailed announcement shared with CoinDesk on Thursday. The company aims to make Bitcoin the settlement layer for millions of markets, including tokenized stocks, bonds, stablecoins, and other real-world assets. “We want users to trade any asset, traditional or decentralized, and…

RegulationSep 12

Moloney to rewrite how the SEC handles crypto, earnings, and new rules

Paul Atkins just put a fellow crypto-friendly veteran in charge of one of his SEC’s most powerful arms. On Wednesday, he picked James Moloney, a partner at Gibson, Dunn & Crutcher, to lead the division of corporation finance, the unit that checks company disclosures and signs off on IPO filings. The SEC confirmed that James will start next month. But this isn’t James’ first time in the building. He worked inside the SEC from 1994 to 2000, focusing on mergers and acquisitions and corporate filings. So this isn’t some rookie walking in with a briefcase and a dream. Paul said:…

LegalSep 12

Plasma builds out senior team ahead of mainnet: Exclusive

Plasma, a forthcoming layer-1 blockchain built for stablecoins, has made three new senior hires, Blockworks has learned exclusively. The startup brought in Murat Firat as head of product, Adam Jacobs as head of global payments, and Usmann Khan as head of protocol security. These senior level hires come shortly after the Peter Thiel-backed project held a blockbuster token sale that netted some $373 million in commitments. Plasma is yet to publicly announce a date for its mainnet launch. Plasma will be purpose-built for stablecoins, which according to its public documentation means over 1,000 transactions per second, zero-fee USDT transfers, custom…

BlockchainSep 12

Ethereum's Vitalik Buterin Names One Major Stablecoin Use Case to Watch

Vitalik Buterin, Ethereum (ETH) cofounder, has shared his thoughts about stablecoins as an asset class in the cryptocurrency space. Buterin dropped his insights in reaction to a post highlighting Codex, a stablecoin built on the Ethereum blockchain. Vitalik Buterin tags stablecoins key driver of crypto utility According to Buterin, cheap stablecoin transactions remain one of the key real-world value drivers of the crypto industry. He is implying that stablecoins have utility in cross-border remittances and payments, which makes them pivotal in the adoption of crypto. Notably, new users in the crypto space require stablecoins to purchase different cryptocurrencies like Ethereum,…

EthereumSep 12

Bitcoin, Solana Rise as Investors Weigh Nvidia Earnings, Strong GDP Data

The price of Bitcoin and other cryptocurrencies rose on Thursday as investors mulled the strength of Nvidia’s earnings and signs of a stronger-than-expected U.S. economy. Bitcoin changed hands around $113,000, a 0.9% increase over the past day, according to crypto data provider CoinGecko. Solana meanwhile rose 2.3% to $212. SOL was up nearly 5% at one point before retreating. Ethereum and XRP dropped dropped 2.7% and 0.8%, respectively. ETH was trading near $4,500, well off its all-time high set over the weekend. Nvidia disclosed record profits on Wednesday alongside its ninth straight quarter of year-over-year revenue growth of over 50%.…

RegulationSep 12