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.

Treasury Sanctions Crypto IT Scam Spanning North Korea, Russia, and China

The U.S. Treasury Department announced sanctions Wednesday against a web of North Korean, Russian, and Chinese individuals and companies for their alleged role in stealing cryptocurrency from American businesses by posing as IT workers. The sanctions provide some insight into North Korea’s sophisticated, globe-spanning IT worker operation, which has raised hundreds of millions of dollars for the pariah state over the last several years. The operation has placed spies posing as remote workers within foreign companies and used them to eventually rob the companies of cryptocurrency from the inside. Similar schemes have also involved gaining access to such companies by…

LegalAug 30

Coinbase Listing Coming Soon for Pi Coin? Community Thinks So

Pi Network community excited as Coinbase listing rumors heat up, fueled by Pi Barter Mall. Speculation grows after Coinbase’s Paul Grewal teased Pi logo on Pi Day celebration photos. Pi Network targets September 2025 mainnet launch, aiming to fix transparency and technical issues. The Pi Network community is buzzing with excitement after a 2021 Pi Network hackathon winner, Pi Barter Mall, stated in a tweet post that the Pi token could soon be listed on Coinbase, one of the biggest crypto exchanges in the world. Meanwhile, Pi Coin is still struggling to recover from its recent drop, trading close to…

ExchangesAug 30

"ETH Price May Return to This Range!"

While talks of a new ATH for Ethereum (ETH) have begun and are only one step away, data from the US has upset the bullish picture. Ethereum, which rose to $4,780, fell to $4,280 with an unexpected sharp decline. While this decline wiped out billions of dollars worth of long positions, analysts believe the danger in ETH is not over yet. At this point, Mechanism Capital founder Andrew Kang predicted that long position liquidations could reach up to $5 billion if the Ethereum price continues to fall. Sharing from his X account, Kang stated that long liquidations in Ethereum could…

EthereumAug 30

Best Crypto Investment Ideas According to CEO of $1.6T Asset Manager Franklin Templeton

Bitcoin aside, the best investment in crypto is its “picks and shovels,” according to the CEO of $1.6 trillion asset manager Franklin Templeton. Jenny Johnson, the third-generation leader of the manager, spoke at the SALT conference in Jackson Hole, Wyoming on Tuesday, doubling down on what in her opinion will be the biggest use cases of blockchain technology and where investors should put their money. In her view, bitcoin functions as a “fear currency” — a financial refuge for people in countries where governments can block access to funds or where national currencies lose value over time. But despite its…

RegulationAug 30

Does Coinbase’s New Hiring Policy Contradict US Federal Law?

Brian Armstrong’s recent announcement that Coinbase would start requiring in-person orientation and restricting certain roles to US citizens generated skepticism over whether the company’s new policies would violate US anti-discrimination laws. In an interview with BeInCrypto, a Coinbase spokesperson clarified that the company is not adopting a blanket “US citizens only” policy. The changes, implemented to combat North Korean hackers, will only affect roles with access to sensitive systems. The North Korean Infiltration Threat Coinbase is preparing to adopt radical new security policies in response to an escalating threat from North Korean hackers. CEO Brian Armstrong announced last week that…

LegalAug 30

After a 10% Slide, Where Is Ethereum Headed?

Ethereum has recently mirrored Bitcoin’s spike in volatility, facing swift rejection near its all-time high levels. This reversal has injected uncertainty into the short-term outlook, with ETH now retesting key supports that will determine whether the broader bullish trend remains intact. Ethereum Price Analysis: Technicals By Shayan The Daily Chart On the daily chart, Ethereum was rejected near its $4.8K all-time high, as heavy selling pressure, likely from profit-taking and unstaking, added to supply. The decline pushed price back toward a confluence of supports, including the ascending channel’s midline and the $4.2K demand zone. As long as ETH holds above…

EthereumAug 30

Crypto venture funding drops 59% to $1.9 billion in Q2, later-stage deals dominate

Crypto venture funding declined 59% quarter-over-quarter to $1.976 billion in the second quarter across 378 deals. According to a Galaxy report, last quarter was the second-smallest investment quarter since the fourth quarter of 2020. Later-stage deals captured 52% of total capital invested, representing only the second time since the first quarter of 2021 that mature companies received more funding than early-stage startups. The dramatic quarterly drop appears less severe when accounting for unusual activity registered in the first quarter, which included MGX’s $2 billion investment in Binance. Excluding that sovereign-connected fund deal, the second quarter funding decreased 29% from the…

RegulationAug 30

US stablecoin law prompts China to accelerate its own plans

China’s stablecoin push is a defensive move against US dollar dominance. The US GENIUS Act is the key trigger for Beijing’s recent policy shift. The experiment will be limited to offshore markets like Hong Kong. A seismic shift is underway in Beijing. The Chinese government, long a staunch opponent of private cryptocurrencies, is now being forced to reluctantly enter the stablecoin arena. But this is not a newfound love for digital assets; it is a calculated and defensive masterstroke in the escalating global war for currency supremacy—a direct response to a power play from Washington that threatens to cement the…

LegalAug 30

Travel Rule Compliance: Bithumb’s Essential Deepcoin Integration

Exciting news from the world of cryptocurrency! South Korea’s leading crypto exchange, Bithumb, has just announced a significant step forward in enhancing market integrity. They’ve officially added Deepcoin to their esteemed list of exchanges that are fully integrated with their robust Travel Rule compliance solution, CODE. This development marks a crucial advancement in achieving greater regulatory adherence across the digital asset ecosystem. This isn’t Deepcoin’s first rodeo when it comes to regulatory adherence. With this latest integration, Deepcoin has now successfully achieved Travel Rule compliance with three major South Korean exchanges: Bithumb, Coinone, and Gopax. Furthermore, it supports deposits and…

ExchangesAug 30

Ethereum's fate in jeopardy as largest-ever ETH shorts emerge

Speculators have built the largest leveraged short position in Ethereum (ETH) history, raising concerns about the cryptocurrency’s near-term outlook. According to the latest CME CFTC data shared on August 18, net leveraged short positions on Ether have surged to a record -18,438 contracts. The data highlighted a sharp rise in bearish bets throughout 2024 and into 2025, as institutional traders appear to be positioning against Ethereum more aggressively than ever before. Notably, the surge in shorts points to growing skepticism about ETH’s ability to sustain its valuation. While such extreme positioning often signals deep bearish sentiment, it can also set…

EthereumAug 30