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.

OKX Japan Receives Full FSA Approval, Ranks Top 3 in Country

OKX’s Japan branch has officially obtained full regulatory approval from the Japan Financial Services Agency (FSA). The announcement was made by OKX founder and CEO, Star, highlighting the company’s compliance and commitment to the Japanese market. “This is a significant step for us. Japan is one of the most important markets for Web3 adoption,” Star said. He added that OKX Japan now ranks among the top three exchanges in the country. That reflects both user trust and the platform’s growing influence. Full FSA approval enables OKX Japan to operate with complete regulatory clarity. It offers local users confidence in trading,…

ExchangesAug 29

Navi Protocol BTC Deposits Hit Astounding 2,200, Solidifying Sui’s DeFi Leadership

A truly remarkable milestone has been achieved within the decentralized finance (DeFi) landscape! Navi Protocol (NAVX), recognized as the largest DeFi project in the dynamic Sui (SUI) ecosystem, recently announced a significant achievement. Its liquidity pools have seen Navi Protocol BTC deposits surpass an astounding 2,200 Bitcoin, translating to a value exceeding $244 million. This accomplishment not only highlights Navi Protocol’s robust growth but also firmly establishes it as the premier BTC liquidity hub within the entire Sui ecosystem. What Do These Astounding Navi Protocol BTC Deposits Mean for Sui DeFi? This surge in Navi Protocol BTC deposits represents more…

DeFiAug 29

Ethereum Whales Are Selling in August—Analyst Explains Why It’s Not Bearish

In recent months, Ethereum’s supply has seen a notable shift in how large amounts of ETH are distributed among wallets. Specifically, the number of addresses holding more than 100,000 ETH — often called “whales” — has dropped significantly. Surprisingly, this trend has not raised major concerns among ETH investors or analysts. The Decline of Ethereum Whales and the Rise of Sharks Recent data shows that the number of addresses with over 100,000 ETH has declined as ETH’s price surged. According to Alphractal, the number of whale addresses has fallen from more than 200 in 2020 to around 70 in 2025,…

EthereumAug 29

Coinbase Declares Stablecoins Superior—Faster, Cheaper, More Global Than Legacy Finance

Stablecoins are dominating the future of finance as billion-dollar IPOs ditch cash for blockchain, unlocking unmatched speed, savings, and global access. Stablecoins Power Historic $1.15B IPO, Reshaping Market Infrastructure Stablecoins are becoming an increasingly common tool in financial markets, viewed as faster, cheaper, and more globally accessible than traditional settlement systems. Coinbase reinforced this perspective on Aug. 19, 2025, posting on social media platform X: Stablecoins are just better. Faster, cheaper, and more global. The message was in response to Bullish’s announcement that it had completed a $1.15 billion initial public offering (IPO) and elected to receive the proceeds in…

RegulationAug 29

Unicoin says SEC distorted its filings in $100M fraud case

Crypto investment platform Unicoin has finally hit back at the Securities and Exchange Commission’s fraud lawsuit after three months, accusing the agency of distorting its regulatory statements to build a case. Unicoin told a New York federal judge on Wednesday that the SEC’s lawsuit should be dismissed as it “plucks snippets of communications and distorts their meaning and context; treats routine financial projection and optimism as fraud; and ignores Unicoin’s sober warnings about risk.” “Most bizarrely, the SEC twists Unicoin’s disclosures in the company’s own SEC filings and improperly recasts these disclosures as proof of deception,” it added. In May,…

LegalAug 29

Pudgy Penguins Game 'Pudgy Party' Launches on iOS and Android

Ethereum NFT brand Pudgy Penguins and game developer Mythical Games announced the global launch of Pudgy Party, a mobile party game that’s now available on Android and iOS. Pudgy Party draws comparisons to popular games like Fall Guys and Stumble Guys—colorful riffs on the battle royale genre in which players race through wild obstacle courses and persist through survival challenges. And this time around, it has a Web3 twist. “We took our own interpretation of that genre,” Mythical Games CEO John Linden told Decrypt. “We thought it was the right focus for not only the brand, but the gameplay—something the…

GameFiAug 29

Bybit EU adopts Nasdaq’s surveillance platform to strengthen MiCAR compliance

Bybit EU, the European arm of the world’s second-largest cryptocurrency exchange, has adopted Nasdaq’s Market Surveillance platform to bolster compliance with the EU’s Markets in Crypto-Assets Regulation (MiCAR), as per reports shared with Finbold on August 28. Bridging the gap with traditional finance standards The integration equips Bybit EU with institutional-grade monitoring tools to detect and prevent market abuse across its European operations. Nasdaq’s platform combines advanced pattern-recognition analytics with comprehensive market data, aligning crypto oversight with standards long established in traditional finance. “This agreement demonstrates our commitment to providing secure, transparent, and fully compliant digital asset trading as we…

ExchangesAug 29

Mantle Becomes Top DeFi Treasury with Over $4B in Assets

Mantle has officially surpassed $4 billion in treasury assets. While securing its place as the largest DeFi treasury in the market. Data from DefiLlama shows the total now stands at $4.025 billion. Most of this, around $3.792 billion, is held in Mantle’s own native tokens. Stablecoins make up $17.93 million, and major cryptocurrencies such as Bitcoin and Ethereum account for $56.41 million. The other assets total $159.27 million. This milestone highlights Mantle rapid growth and focus on building a self-sustaining ecosystem. It demonstrates the project’s ability to attract community and institutional support. Comparing With Other DeFi Treasuries Mantle’s treasury now…

DeFiAug 29

James Wynn Opens 25x ETH Trade With 111 ETH After Return

Crypto trader James Wynn has resurfaced after nearly three weeks of inactivity. On August 19, Wynn reopened trading through his old wallet, placing a highly leveraged position on Ethereum. Blockchain data shows he opened a 25x leveraged long worth 111 ETH, confirming his reentry into the market. The timing follows his claim of 19,206 USDC in referral rewards. Shortly after, the funds were internally transferred from spot to perpetuals, fueling the new position. His liquidation price is marked at $4,152.8, adding significant risk given Ethereum’s current market volatility. Details of the Transactions Blockchain records show a series of structured moves.…

EthereumAug 29

Publicly-Listed AMTD Group Wants Investors’ Crypto in Equity Swap Program

On Tuesday, three affiliated NYSE-listed companies under AMTD Group proposed a crypto-for-stock conversion program that would let holders swap Bitcoin, Ethereum, USDT, Binance’s BNB, and USDC for newly issued shares under the exchange. AMTD IDEA (AMTD), AMTD Digital (HKD), and The Generation Essentials Group (TGE) formed the program with pricing that would be set by mutual agreement at prevailing market values, and allocations could be split across the three issuers. Framing the plan as a “conduit and effective means” for portfolio diversification, the group said the issuances would “serve as a bridge connecting the world of crypto assets with one…

RegulationAug 29