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.

Revolutionary Modular Blockchain Hemi Secures $15M in Funding

Exciting news is buzzing across the crypto landscape! The innovative modular blockchain Hemi has successfully secured a substantial $15 million in a recent funding round. This significant capital injection positions Hemi as a compelling new player, aiming to merge the unparalleled security of Bitcoin with the dynamic smart contract capabilities of Ethereum. It’s a development that could truly redefine how we think about decentralized networks, promising a future where robust security meets boundless programmability. What Makes Modular Blockchain Hemi So Attractive to Leading Investors? The recent $15 million funding round for modular blockchain Hemi undeniably underscores a strong market confidence…

BlockchainAug 29

This Anticipated Economic Event in the US May Affect Altcoins

Delphi Digital reported in its report that the US Treasury Department will begin refilling the General Account (TGA) in the coming weeks and in the process will withdraw $500-600 billion in cash from the market in about two months. The research firm explained that although this step may seem like a routine transaction for the market, it coincides with one of the most fragile liquidity environments of the last decade. It was noted that the $550 billion NPL rollover in 2023 was absorbed by the Fed's over $2 trillion reverse repo facility, strong bank reserves, and high foreign demand for…

RegulationAug 29

Coinbase and U.S. Department of Commerce to Publish GDP Data Onchain

The U.S. Department of Commerce has partnered with the renowned crypto exchange, Coinbase, to bring economic data on-chain in real time. The partnership focuses on improving accessibility, transparency, and showing blockchain technology’s transformative potential concerning public datasets. As Coinbase announced on X and the U.S. Department of Commerce revealed in its official press release, the collaboration attempts to enable the GDP data on diverse blockchain networks. We're proud to be a crypto infrastructure partner of the Department of Commerce on this project. Onchain data = higher transparency + better accessibility. https://t.co/rVW6VQ7ouQ — Coinbase 🛡️ (@coinbase) August 28, 2025 This initiative…

ExchangesAug 29

Solana devs billed $5K for single query via Google Cloud’s BigQuery

Blockchain developers are sharing "horror stories" related to eye-watering bills received from Google Cloud's BigQuery service, including a developer who was suddenly charged a total of $15,000 for performing three queries. BigQuery is a serverless data warehouse offered by Google Cloud, designed for analyzing large sets of data via Structured Query Language (SQL) with built-in artificial intelligence (AI) capabilities. “I want to warn everyone that BigQuery is a big scam and every day you’re risking getting a ridiculous bill that can bankrupt you,” wrote a pseudonymous developer in a post shared by Mikko Ohtamaa, co-founder of decentralized algorithmic trading protocol…

BlockchainAug 29

Ethereum Price Extends Losses – Is a Bigger Correction Underway?

Ethereum price started a downside correction below the $4,350 zone. ETH is still showing some bearish signs and might decline toward the $4,020 support zone. Ethereum started a fresh decline below the $4,350 and $4,220 levels. The price is trading below $4,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $4,120 zone in the near term. Ethereum Price Dips Further Ethereum price failed to recover and started a fresh…

EthereumAug 29

Crypto Is ‘Nothing To Be Afraid Of’ Says Fed Governor Chris Waller

JACKSON HOLE, Wyo. — Federal Reserve Governor Chris Waller preached that there is “nothing scary” about digital asset innovations, during a speech in Jackson Hole on Wednesday — the second high-ranking Fed official to praise the sector this week. “There is nothing to be afraid of when thinking about smart contracts, tokenization or distributed ledgers,” he said at the SALT conference. “Leveraging innovative technology to build new payment services is not a new story.” Waller, who is reportedly a top pick for next chair of the Federal Reserve, has long been a supporter of the industry and stablecoins. Appointed by…

RegulationAug 29

Mind Network Aligns Efforts with AntChain to Transform Privacy in Digital Asset Transfers

Mind Network has excitedly announced its groundbreaking partnership with AntChain to redefine Asset transfer privacy. This collaboration aims to explore the onchain integration of fully homomorphic encryption (FHE) to make asset flow more secure, compliant, and privacy-driven. Together with @AntChain, industry-leading blockchain infrastructure provider, we will explore how to bring fully homomorphic encryption on-chain, combining encryption, permissioned access, and secure delivery to enable compliant, seamless, and privacy-preserving asset flows.… pic.twitter.com/6keQfuoKpV — Mind Network (@mindnetwork_xyz) August 26, 2025 The initiative blends encryption, permissioned access, and stealth delivery mechanisms. By doing this, the collaboration is set to redefine the management of sensitive…

BlockchainAug 29

ETH/BTC Ratio Climbs to Yearly Peak Amid Market Shift

Ethereum (ETH) has maintained upward momentum in recent weeks, with the asset briefly touching $4,774 last week, just shy of its 2021 all-time high of over $4,800. Although ETH has since corrected to around $4,306, the asset remains positive in terms of weekly performance, showing a 0.7% increase. This price action shows ongoing investor interest at a time when Ethereum’s relative performance against Bitcoin is attracting attention. Analysts have pointed to Ethereum’s growing strength in both spot and derivatives markets, where ETH is showing resilience against BTC. On CryptoQuant’s QuickTake platform, contributor EgyHash noted that the ETH/BTC trading pair has…

EthereumAug 29

Succinct ties up with Tandem

Offchain Labs is making a zero-knowledge play for Arbitrum. Its venture studio Tandem has entered a one-year exclusive partnership with Succinct to build a zkVM tailored to the Arbitrum ecosystem. The agreement, announced Tuesday, binds both companies to collaborate solely with each other on this effort. “For one year, Tandem by Offchain Labs has an exclusive commercial agreement with Succinct to create zkVM for Arbitrum chains,” an Offchain Labs spokesperson told Blockworks. The team declined to comment on whether the partnership represents an all-cash deal, or includes token swaps. The Succinct Foundation, launched its PROVE token earlier this month. This…

BlockchainAug 29

Ethereum Price at Two-Week Low as $4B Supply Overhang Looms

Ethereum faces mounting macroeconomic uncertainty ahead of a major staking supply unlock that could add additional headwinds to an already fragile crypto market. The second-largest cryptocurrency by market capitalization has shed 4.5% from its Tuesday high of $4,350 to $4,150, marking a near two-week low, CoinGecko data shows. The move aligns with Bitcoin’s recent correction to $112,000. Ethereum ETFs also noted two consecutive outflows late last week and on Monday, following two weeks of significant inflows, suggesting a slowdown in investor interest ahead of the Federal Reserve’s Jackson Hole meeting on Friday and a staking supply exit. The current exit…

EthereumAug 29