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.

Bitcoin ETFs see first-ever outflow of $751 million as Ethereum funds gain $3.9 billion

Bitcoin ETFs saw a $751 million net outflow in August, a first-ever event. Ethereum ETFs absorbed a massive $3.9 billion in net inflows in August. BTC’s price has fallen below key short-term holder cost basis levels. A stunning and unprecedented reversal has rattled the very foundations of the cryptocurrency market. For the first time since their celebrated launch, the institutional tide that carried Bitcoin to a record high has turned, with spot ETFs bleeding hundreds of millions of dollars in August. At the same time, a powerful and quiet current of capital has been flowing into Ethereum, signaling a potential…

RegulationSep 9

ATM Operator Athena Bitcoin Profits From Elderly Scams, Alleges DC Attorney General

Washington, D.C., Attorney General Brian L. Schwalb unveiled a lawsuit against Athena Bitcoin, Inc., on Monday, accusing the Bitcoin ATM operator of consistently ignoring scams targeting elderly residents and failing to disclose excessive fees. The firm, which operates 4,100 Bitcoin ATMs in five countries, was charged with two counts of violating the Consumer Protection Procedures Act through deceptive and unfair trade practices. Athena was also charged with the financial exploitation of vulnerable adults and the elderly. Athena’s stock, which trades over-the-counter, rose 8.5% to $0.02 on Monday, according to Yahoo Finance. The company’s stock price has plummeted 83% year-to-date. Decrypt…

LegalSep 9

ICB Network Partners with Okratech to Advance Real-World DeFi Use Cases through Cross-Chain Web3 Capabilities

ICB Network, a Layer-1 PoS chain, today announced a strategic alliance with Okratech, a decentralized platform for Web3 products. The advancement brings native support for Okratech into the ICB Network, enabling Okratech’s customers to efficiently access ICB’s ecosystem of DApps and offerings from their wallets. By adding Okratech to its chains of supported protocols, ICB broadens its multi-chain interoperability and continues advancing towards an integrated, cross-chain user experience. ICB Network is a Layer-1 PoS blockchain that offers scalable and user-friendly crypto trading, advanced applications, and staking options for experienced and beginner users worldwide. On the other hand, Okratech is a…

BlockchainSep 9

BeatFarm Brings Music to Bitcoin With First-Ever Native NFT Protocol

Boston, MA — BeatFarm has launched the world’s first Bitcoin-native music NFT protocol, giving artists the ability to mint, trade, and monetize their work directly on the world’s most decentralized blockchain. — Unlike Ethereum or sidechain-based platforms, BeatFarm builds straight onto Bitcoin’s base layer using the Bitcoin Computer protocol. That means songs minted on BeatFarm aren’t just tokens—they’re immutable, provably owned digital assets with royalties and rights hardcoded into Bitcoin itself. “Other platforms force Bitcoin into Ethereum-shaped molds. BeatFarm builds directly from Bitcoin’s base principles: sovereignty, censorship resistance, and permanence. This is a much-needed cultural and economic shift.” Ian Anderson,…

NFTSep 9

CFTC to “Explore” Allowing MiCA-Authorized Platforms to Serve U.S. Markets

The U.S. Commodity Futures Trading Commission (CFTC) may allow trading platforms licensed under Europe’s new MiCA framework to operate in American markets, Acting Chairman Caroline D. Pham told UK lawmakers. Speaking before the All-Party Parliamentary Group on Blockchain Technologies in London, Pham said the CFTC is exploring whether MiCA-authorized venues could qualify under its long-standing cross-border recognition rules. “The CFTC will also explore whether trading platforms authorized under the EU Markets in Crypto-Assets Regulation (MiCA), or similar virtual asset or crypto asset regimes, would also qualify under the CFTC’s current cross-border frameworks, Pham mentioned. Remarks by @CFTCpham before the UK…

LegalSep 9

Velo to Integrate with Lightnet’s B2B Settlement Engine for Real-Time Cross-Border Payments

Velo, a pioneering blockchain technology provider, has revealed its planned integration with Lightnet, a FinTech group that provides infrastructure for cross-border money transfers using blockchain-based networks. As per details, Velo is set to be done with this integration by the Q4 of 2025, cementing its role as the FX core for real-time cross-border payments. This landmark alliance aims to provide a smooth way for transferring payments across borders by empowering FX Core. By Q4 2025, Velo Protocol will be fully integrated into Lightnet’s licensed B2B settlement engine, solidifying its role as the FX core for real-time cross-border payments. This move…

BlockchainSep 9

Crypto funds see $2.5B inflows despite falling BTC, ETH prices

Cryptocurrency investment products attracted renewed inflows last week, offsetting the prior week’s $1.4 billion outflows. Crypto exchange-traded products (ETPs) logged $2.48 billion in inflows last week, data from CoinShares showed Monday. Despite inflows, Bitcoin (BTC) struggled in terms of market price, slipping under $108,000 after briefly trading above $113,000 earlier in the week, according to CoinGecko data. Ether (ETH) also tumbled under $4,300 after starting the week above $4,600, echoing Bitcoin’s turbulence. Spot Ether ETPs retain dominance Last week’s inflows were notable following $1.4 billion in outflows the previous week, but remained far short of the $4.4 billion record set…

RegulationSep 9

SEC's Peirce warns L2 chains with centralized sequencers may face exchange registration

SEC Commissioner Hester Peirce warned that layer-2 blockchains operating centralized matching engines may face exchange registration requirements while advocating for regulatory protection of truly decentralized protocols. During an interview on The Gwart Show, Peirce noted her vision for crypto regulation, drawing sharp distinctions between immutable code operating on decentralized networks and centralized entities using blockchain technology to facilitate trading. Decentralized protocols cannot be owned The head of the SEC’s Crypto Task Force views protocols as sets of rules that cannot be owned, stating “nobody owns” a truly decentralized protocol because “it’s out there and anyone can use it.” Layer-2 solutions…

LegalSep 9

Iagon Powers Cardano’s DePIN Ambitions with AI Cloud Push

With the entire technology world moving towards sustainable and distributed solutions, the strategy behind Iagon fits the market trends perfectly, providing businesses with an energy-efficient and compliant alternative to centralized cloud computing services, such as AWS. Iagon with its GDPR-sensitive solutions and emphasis on regulated industries like finance and healthcare are addressing one of the largest problems in blockchain data sovereignty and compliance. DePIN Sector Explodes The JDI Group DePIN Report revealed that investment tripled in 2023 due to practical utility and more involvement. This places Iagon in the limelight as a smaller yet promising enterprise-grade regulated DePIN niche player.…

BlockchainSep 9

Institutions Driving Tokenized RWAs Market’s Breakout Phase, Kucoin Executive Says

A senior Kucoin executive says institutional adoption is the key driver behind the rapid growth of the tokenized real-world asset (RWA) market. The executive believes the recently passed GENIUS Act could double the RWA market cap to $50 billion by year-end. Institutional Adoption: The Primary Catalyst According to Tika Lum, head of global business development for VIP and institutional clients at Kucoin, institutional adoption is the most critical factor driving the growth of the tokenized real-world asset (RWA) market. He explains that while the RWA concept is not new, the recent surge in discussion is directly linked to institutions acting…

RegulationSep 9