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.

Leaving the gold standard was the ‘most costly mistake we ever made’

According to a poignantly on-point educational video by Bitcoin media company TFCT, which depicts a society in decline, leaving the gold standard was the “most costly mistake we ever made” and the beginning of generational ruin. The video, released to mark the anniversary of Nixon closing the gold window, depicts a grandfather on his porch imparting his words of wisdom (and regret) to his grandson, who questions: “What was so bad about gold?” To which his grandfather replies: “It kept them honest.” People think this is ‘just how life’s supposed to be’ For many people, this depressing paradigm of soaring…

RegulationAug 25

Japan’s FSA to Create New Bureau for Crypto, Digital Finance

Japan’s Financial Services Agency (FSA) plans a major reorganization in fiscal 2026, creating a new bureau to oversee insurance, asset management, and emerging financial services, including digital assets. Strengthening Oversight Amid Insurance Scandals The reorganization follows repeated incidents in the insurance sector, including customer data leaks and improper transfers from partner banks. The FSA intends to restore public trust and tighten governance by separating insurance oversight from the Supervisory Bureau. The current Supervisory Bureau will be renamed the “Banking and Securities Supervisory Bureau,” which will monitor megabanks, regional banks, and securities firms. The new bureau—tentatively called the “Asset Management and…

LegalAug 25

'Some Studios Won’t Survive' as AI Takes Over Gaming, Says Google Cloud Exec

Generative AI is triggering an industry-wide reckoning in gaming—and some studios won’t survive the fallout. That’s the warning from Jack Buser, global games director at Google Cloud, who says the industry is entering an upheaval as big as any in its history. “Some of these game companies are going to make it, and some of them are not,” Buser told Decrypt. “And some are going to be born through this revolution.” Buser, a 30-year industry veteran, works with publishers and studios to adopt cloud infrastructure and AI, from scaling multiplayer systems to analyzing player data and testing generative tools. That…

GameFiAug 24

Urgent Update on Temporary Halt

Upbit, a leading South Korean cryptocurrency exchange, has made a significant announcement that directly impacts its users. The exchange has temporarily halted SEI deposits and withdrawals. This crucial decision stems from an undisclosed blockchain-related issue, prompting immediate action to ensure the integrity and security of transactions. For many in the crypto community, understanding the implications of this Upbit SEI suspension is paramount. Understanding the Upbit SEI Suspension What exactly does a temporary suspension mean for users and the SEI token? Upbit has indicated that the halt is a precautionary measure. While specific details about the ‘blockchain-related issue’ remain under wraps,…

ExchangesAug 24

State Street Expands Custody to Tokenized Debt on JPMorgan’s Blockchain Platform

State Street, a Boston-based custody bank with $49 trillion in assets under its watch, is pushing deeper into digital assets by joining JPMorgan’s blockchain-based tokenized asset platform Digital Debt Service as the first third-party custodian. The first transaction State Street anchored was a $100 million tokenized commercial paper issuance by the Oversea-Chinese Banking Corporation (OCBC), a Singapore-based banking group, according to a Thursday press release. State Street Investment Management, the bank's asset management arm, purchased the debt. J.P. Morgan Securities acted as placement agent. The move comes as traditional finance heavyweights and global banks are getting increasingly involved in tokenization…

BlockchainAug 24

Bitcoin treasury firm Metaplanet graduates to FTSE Japan and All-World indices

Metaplanet, a Bitcoin (BTC) treasury company, has been upgraded from a small-cap to a mid-cap stock in index provider FTSE Russell’s September 2025 Semi-Annual Review, bumping it up for inclusion in the flagship FTSE Japan Index. The index provider updates and rebalances the indices quarterly, and following Metaplanet’s strong Q2 performance, added it to the FTSE Japan Index, a stock market index of mid-cap and large-cap companies listed on Japanese exchanges. Metaplanet’s inclusion in the FTSE Japan Index means it is automatically added to the FTSE All-World Index of the largest publicly-listed companies by market capitalization in each geographic region.…

RegulationAug 24

China Court Rules “Should Have Known” Standard for Crypto Laundering

A Chinese court sentenced a defendant to 3.5 years for facilitating cryptocurrency transactions involving stolen funds. The Beijing No. 2 Intermediate People’s Court case represents China’s tightening enforcement against suspicious digital asset activities. Court Establishes New Precedent for Crypto-Related Money Laundering In August 2024, the defendant, who appears as Liu in the press report, knowingly sold USDT tokens to someone else in exchange for 200,000 yuan, $27,850 in cash. The court determined Liu was aware that the money came from fraud victims. Authorities could not trace where the illicit funds ultimately went. Liu’s conviction marks a significant legal precedent in…

LegalAug 24

$PLUME Now Live on Binance

Plume is the first permissionless, full-stack blockchain purpose-built for real-world asset finance (RWAfi), featuring native DeFi integration. Backed by a global network of financial institutions and service providers, Plume has quickly emerged as the leading RWA ecosystem, with the largest base of active wallet holders and over 200 projects building on its network. Now, Plume is making its next big move with the listing of its native token, $PLUME, on Binance. To celebrate, Binance has allocated 150,000,000 $PLUME (1.5% of total supply) for its HODLer Airdrop, rewarding loyal users and early supporters of the ecosystem. The Binance HODLer Airdrops program…

ExchangesAug 24

Bitcoin Mining Faces 'Incredibly Difficult' Market as Power Becomes the Real Currency

Jackson Hole, Wy. — Bitcoin miners have long been defined by the boom-and-bust rhythm of the four-year halving cycle. But the game has now changed, according to some of the industry’s most prominent executives at the SALT conference in Jackson Hole earlier this week. The rise of exchange-traded funds, surging demand for power, and the prospect of artificial intelligence (AI) reshaping infrastructure needs mean that miners must find ways to diversify or risk being left behind. “We used to come here and talk about hash rate,” said Matt Schultz, CEO of Cleanspark. “Now we’re talking about how to monetize megawatts.”…

MiningAug 24

Asphere and QuStream Team Up to Build Quantum-Secure Blockchain on Polkadot

Artificial intelligence and quantum computing are moving from theory into reality, and the tools that protect our data are being put to the test. In response, Asphere and QuStream have joined forces to build a blockchain that’s meant to stand up to the next wave of cryptographic threats, not someday, but from day one. The two companies are developing QuStream as a Polkadot Rollup, which means it will plug into the Polkadot ecosystem for interoperability while bringing its own quantum-focused defenses to the table. Asphere will supply its Rollup-as-a-Service know-how and handle the heavy lifting: blockchain engineering and implementation, running…

BlockchainAug 24