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.

Strategy loyalists sell MSTR, say Michael Saylor lied about dilution

One of the top Strategy (formerly MicroStrategy) influencers has sold his position and called founder Michael Saylor a liar. Josh Mandell, who has over 140,000 followers on X and is frequently praised in subreddits like r/MSTR as a key voice on the company, went viral today after claiming that Strategy executives have reneged on solemn forward guidance. As previously reported by Protos, Saylor decided to modify slide 96 of the company’s July 31 earnings presentation. Critically, he changed the company’s guidance to not dilute common (MSTR) shareholders while MSTR trades at a multiple-to-Net Asset Value (mNAV) between 1x and 2.5x.…

RegulationAug 30

Fenwick denies claims it was key to the multibillion-dollar FTX fraud

Law firm Fenwick & West has denied accusations from an updated class-action lawsuit alleging it was central to the crypto exchange’s fraud and eventual collapse. Earlier this month, FTX users asked to update their suit against Fenwick, first filed in 2023, claiming new information from a bankruptcy and criminal case shared evidence that the law firm “played a key and crucial role in the most important aspects of why and how the FTX fraud was accomplished.” Fenwick told a Florida federal judge in a filing on Monday that the court should deny FTX users’ request to update a suit against…

LegalAug 30

Bitcoin Exchange Binance Announces Delisting of Three Altcoin Trading Pairs from Spot Trading! Here Are the Details

Binance, one of the world's largest cryptocurrency exchanges, continues to periodically review the trading pairs it lists in order to maintain transaction quality and protect its users from possible risks. Binance to Delist Three Spot Trading Pairs on August 29th The exchange announced that some spot trading pairs will be removed from the platform, citing factors such as low liquidity and insufficient trading volume. According to the statement, the following spot trading pairs will be delisted from the exchange at 09:00 on August 29, 2025: BABY/BNB NXPC/FDUSD SXT/FDUSD Binance emphasized that the delistings in question only cover the relevant trading…

ExchangesAug 30

Ether trader turns $125K into $43M, locks in $7M after market downturn

A cryptocurrency investor turned a $125,000 stake into a multimillion-dollar profit trading Ether on a decentralized exchange, even as whales began locking in gains after the recent rally. The savvy trader turned an initial investment of $125,000 into over $43 million at its peak in just four months before the latest market downturn hit his Ether (ETH) long position. Despite the market downturn, the savvy trader closed all his positions, locking in a net profit of $6.86 million on Monday, generating an impressive 55-fold return on his initial investment, according to blockchain data platform Lookonchain. After depositing the initial $125,000…

EthereumAug 30

Evaluating crypto stocks with more IPOs on deck

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. More crypto IPO filings from Gemini and Figure affirm investors will soon have a more complex investment universe to navigate. Circle’s IPO turned heads in June. Bullish followed suit with its own NYSE listing two months later. It’s safe to say we’re just getting started. I’m a journalist, so I won’t tell you which stocks to pick. I also don’t know; that would depend on the specific exposure you’re looking for. You must know by now that crypto companies are not a monolith. You have your…

RegulationAug 30

Trump has 11 on his Fed chair list, 3 may be crypto-friendly

The Trump administration is considering at least 11 candidates to potentially replace Jerome Powell when his term as Federal Reserve Chair expires in May — at least three of them have publicly shown a positive stance toward crypto. Treasury Secretary Scott Bessent told Fox News on Wednesday that there are 11 “very strong candidates” for Fed chair, which he’ll begin to vet and shortlist starting next month. The list of candidates, as CNBC reported on Aug. 13, citing two administration officials, includes Dallas Fed president Lorie Logan, former St. Louis Fed president James Bullard, Fed vice chair Philip Jefferson, Fed…

LegalAug 30

Mastercard expands stablecoin push with Circle partnership

Mastercard and Circle partnered to enable stablecoin settlements for merchants across Europe, the Middle East, and Africa. Summary Mastercard and Circle will enable settlement across the EEMEA region USDC and EURC settlements happen instantly, with lower fees Credit card giant Mastercard is deepening its involvement in stablecoins. On Tuesday, August 26, Mastercard and Circle partnered to enable USDC and EURC settlement for acquirers across Eastern Europe, the Middle East, and Africa. “This is a key move for Mastercard. Our strategic goal is to integrate stablecoins into the financial mainstream by investing in the infrastructure, governance, and partnerships to support this…

ExchangesAug 30

Bitcoin Hashrate Rockets to New Heights, Smashing Through 980 EH/s Barrier

Bitcoin’s hashrate just blasted past the 976 exahash per second (EH/s) record it hit on Aug. 8, 2025, according to the latest metrics. As of now, the network’s computational firepower is hovering between a fierce 979 and 986 EH/s. While the upward trend has remained steady, current metrics suggest the hashrate may still have plenty of room to climb from this point forward. Record Hashrate Puts Spotlight on Bitcoin’s Next ASIC Supermachines The top cryptocurrency by market capitalization has pushed its network hashrate to a brand-new all-time high. As of press time, the hashrate hovers between 979 and 986 EH/s,…

MiningAug 30

Lygos Aims to Banish Ghosts of Crypto Lending Collapse With Non-Custodial Bitcoin Model

Lygos Finance unveiled what it calls the first truly non-custodial bitcoin BTC$112,917.71-backed lending platform, aiming to transform the crypto credit market with institutional-grade design. The platform is built on Discrete Log Contracts (DLCs) developed by Atomic Finance, which Lygos acquired earlier this year. DLCs enforce bilateral lending agreements directly on Bitcoin’s base layer, with an external oracle attesting to facts like BTC-USD prices, but not controlling the funds. Borrowers and lenders sign Contract Execution Transactions, meaning settlement happens entirely on the Bitcoin blockchain without custodians or smart-contract risk. “True non-custodial means exactly this,” CEO Jay Patel said in an emailed…

DeFiAug 30

Massive $53M Deposit Sparks Market Buzz

The cryptocurrency world is always buzzing with activity, especially when large movements of digital assets occur. Recently, a significant event involving a wallet linked to Longling Capital ETH caught the attention of market observers. This wallet made a substantial deposit of Ethereum (ETH) onto the Binance exchange, prompting questions about its potential impact on the broader crypto market. Understanding the Significant Longling Capital ETH Movement Onchain Lens, a prominent analytics platform known for tracking blockchain transactions, recently reported a notable transfer. A wallet identified as being linked to Longling Capital initiated a substantial deposit of 5,000 ETH, valued at approximately…

EthereumAug 30