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.

LIBRA Soars 400% as $57M USDC Gets Unfrozen by Court

TL;DR US court unfreezes $57M USDC tied to Libra, sparking renewed market activity and a sharp rally. LIBRA token skyrockets 393% in one day, fueled by asset release and renewed investor attention. Despite lawsuit uncertainty, traders push LIBRA higher, with volume rising and volatility returning to the token. Federal Judge Releases Frozen USDC A US federal judge has lifted a freeze on over $57 million in USDC connected to the Libra token lawsuit. The funds were held in two wallets tied to meme coin promoter Hayden Davis and Ben Chow, the former CEO of Meteora exchange. The assets were frozen…

LegalAug 24

Polymath Expands Global Tokenization Network with Partnerships in Europe and North America

Polymath Research Inc., a company developing blockchain infrastructure for private markets, has announced new partnerships with organizations in Europe and North America. The agreements are aimed at expanding the company’s international presence and supporting the use of tokenization in traditional financial markets. In Europe, Polymath has partnered with Black Manta Capital Partners, which will use Polymath’s Capital Platform to provide tokenization and asset management services under regulatory frameworks. In the United States, real estate investment firm Patina Capital will apply the same platform for a large-scale development project in Cleveland, Ohio, giving local communities the opportunity to participate in real…

BlockchainAug 24

Matrixdock’s tokenized dold XAUm launches on Sui

Matrixdock has launched its flagship gold-backed token, XAUm, on the Sui blockchain, marking the first issuance of XAUm on a non-EVM chain. Summary XAUm is backed 1:1 by LBMA-accredited gold of 99.99% purity and audited by Bureau Veritas. The Sui blockchain was chosen for its parallel execution, sub-second finality, and horizontally scalable infrastructure. Matrixdock, Asia’s leading RWA tokenization platform under Matrixport Group, has officially launched its flagship tokenized gold product XAUm, on the Sui (SUI) blockchain — marking the first time XAUm will be issued on a non-EVM chain. “By bringing gold onchain, XAUm transforms a traditionally static asset into…

BlockchainAug 24

Kroll faces class-action suit as FTX creditors allege daily scam emails

Financial and risk advisory firm Kroll is facing a class-action lawsuit for alleged negligent behavior over a data breach that impacted creditors of FTX, BlockFi, and Genesis. The lawsuit was filed on Tuesday in a US district court by Hall Attorneys on behalf of FTX customer Jacob Repko and other crypto creditors who were affected by Kroll’s data breach. The suit claims that crypto creditors have been facing phishing attacks, a cybercrime where malicious actors try to gain sensitive information, due to a data breach that Kroll faced in August 2023, in which malicious actors managed to attain personal information…

LegalAug 24

Ensemble integrates XMTP to bring AI Agents to decentralised messaging

Ensemble, a decentralized artificial intelligence agent platform, has integrated with enterprise-grade messaging protocol XMTP to power the next level of adoption of AI agents in decentralized messaging. Summary AI agents platform Ensemble has integrated with messaging protocol XMTP. The integration will see Ensemble bring chat-native experiences to users. XMTP powers web3 protocols such as Base, Lens and Farcaster. The integration allows Ensemble to expand its Agent Hub marketplace, with users now able to tap into support for XMTP for a chat-native agent economy. With XMTP powering nearly 1 million identities and more than 63 million activated wallets, the collaboration means…

BlockchainAug 24

AAVE Leads Top 40 Cryptocurrencies With 19% Surge in One Day — Here’s What’s Driving It

AAVE surged nearly 19% to $355 over the past 24 hours, according to CoinDesk Data, leading the top 40 cryptocurrencies by percentage daily gain as investors responded to its recent Aptos expansion and Federal Reserve Chair Jerome Powell’s dovish remarks. What Aave is and why it matters Aave is a decentralized finance protocol that lets users lend and borrow cryptocurrencies without intermediaries. Loans are managed by smart contracts, with borrowers required to post collateral valued above their loans. The AAVE token underpins this system. It can be staked to support security and earn rewards, used as collateral for borrowing and…

DeFiAug 24

Taiwanese Prosecutors Uncover Shocking $70 Million Scandal

A stunning development has shaken Taiwan’s cryptocurrency sector: the nation’s largest exchange, BitShine, faces a major investigation. Prosecutors are currently probing BitShine for alleged involvement in a massive BitShine money laundering scheme. This news sends ripples across the digital asset world, prompting serious questions about security and regulatory oversight. Unpacking the BitShine Money Laundering Allegations Local reports from udn.com reveal that Taiwanese prosecutors are actively investigating BitShine. The exchange stands accused of facilitating money laundering activities totaling an astonishing 2.3 billion TWD, which translates to approximately $70 million USD. This extensive probe spans from early 2024 to April 2025. Authorities…

LegalAug 24

Jack Dorsey’s Bitchat wants your neighborhood to run on Bitcoin

Is Jack Dorsey’s Bitchat really a chat app, or an experiment in how digital society might look without central authorities at all? Summary Jack Dorsey’s experimental messenger Bitchat is expanding from short-range Bluetooth mesh into location-based chat, grouping users by geohashes and giving them temporary pseudonyms. Bitchat positions payments as part of messaging itself, offering potential use cases from spam control to neighborhood trade, while aligning with Bitcoin’s principles of privacy and resilience. Challenges remain around Apple’s in-app payment rules, privacy risks from repeated geohash use, Lightning’s shrinking capacity optics, and the sustainability of independent Nostr relays. Whether Bitchat evolves…

BlockchainAug 24

Bitcoin Liquid Staking Gains Momentum as Lombard Launches BARD Token and Foundation

For most of its history, bitcoin has been prized as digital gold: an asset to hold rather than use. That passivity has left trillions of dollars’ worth of BTC sitting idle in wallets, disconnected from the yield strategies and composability that define decentralized finance (DeFi). The rise of liquid staking tokens promises to change that, positioning bitcoin not only as a store of value but as a productive asset integrated into onchain capital markets. Liquid staking refers to the process of uses offering their crypto to help secure a network, and receive a liquid, tradable token in return that represents…

DeFiAug 24

U.S. Stablecoin Law Jolts EU Into Rethinking Digital Euro Strategy: FT

European Union policymakers are discussing ramping up efforts to introduce a digital euro as the U.S.’ new stablecoin law intensifies pressure on the bloc to keep up the pace in the fast-moving world of digital money, the Financial Times reported, The U.S. Congress last month approved the GENIUS Act, a framework for the $288 billion stablecoin sector dominated by dollar-pegged tokens like Tether's USDT and Circle Internet's (CRCL) USDC. The move caught many in Europe off guard, according to people familiar with the talks, and sparked concerns that dollar-pegged tokens could tighten America’s grip on cross-border payments if the EU…

LegalAug 24