Author: NBTC

Gabriel Perez, who ran President Donald Trump’s teleprompter for nearly a decade, has agreed to hand over more than $172,000 to settle Commodity Futures Trading Commission charges that he bet on Trump’s own speeches using words he read ahead of anyone else. Prediction markets have rapidly gained popularity in 2026 and this settlement is the first known case of a White House insider caught trading on the platform. Regulators have also issued warnings to government staff that their access to nonpublic information is not a betting edge. Who placed bets on President Trump’s words? Gabriel Perez, President Trump’s longtime teleprompter,…

With normal operations and withdrawals suspended since July 1, the AscendEX claims portal is targeted for Sept. 5 and would let users see recorded balances and submit claims. The exchange says the new system will not initially restore withdrawals or guarantee that customers recover anything. The exchange set out the plan in an Aug. 22 customer update, describing Sept. 5 as an estimated initial launch date that could move if more technical, security or legal work is required. AscendEX said eligible users would be able to review recorded balances, register account information, submit claims and provide supporting documents. The portal…

Bitcoin’s network computing power is pushing back toward record territory near one zettahash per second, but the milestone is adding pressure to miners already dealing with thinner economics and increasingly attractive alternatives in artificial intelligence infrastructure. Bitcoin’s estimated network hashrate was around 974 EH/s on Sept. 1, after exceeding 1.03 ZH/s on Aug. 31 and crossing the one-zettahash threshold several times during August. Hashrate estimates fluctuate because network computing power is inferred from block production rather than directly measured in real time. More computing power strengthens Bitcoin’s security, but it also intensifies competition among miners for essentially the same block…

Long-term Bitcoin holders have maintained their accumulation strategy despite the cryptocurrency’s price falling from $82,000 to under $58,000, according to a recent analysis from Bitfinex. The exchange’s report indicates that while the scale of accumulation has declined, the behavior of these investors signals a market entering a stabilization phase rather than a full recovery. Accumulation Trends and Market Dynamics Bitfinex noted that long-term holders, often considered the most resilient cohort in the Bitcoin ecosystem, continued to add to their positions even as prices dropped significantly. The accumulation rate, however, slowed from approximately 40,000 $BTC per month in late May to…

IREN Ltd. shares rose more than 12% in Thursday morning trading after the AI cloud infrastructure provider announced it had delivered the first phase of its large-scale Microsoft deployment and secured Nvidia Exemplar Cloud status, marking two significant milestones in its push to become a leading provider of AI computing infrastructure. IREN said it had completed delivery of Horizon 1, the first of four planned 50-megawatt direct-to-chip liquid-cooled AI cloud deployments being built for Microsoft at the company’s Childress, Texas campus. The project forms part of a five-year, $9.7 billion cloud services agreement announced with Microsoft in November 2025. “The…

Ethos Network has scheduled a September 1 auction for 20% of the WHUF token supply, setting its opening fully diluted valuation at $1 million and its maximum valuation at $99 million. Ethos Network said in an Aug. 20 X post that registration had opened for the WHUF auction, which includes added rewards tied to Contributor XP and participant referrals. “Hello, Whuffie,” the protocol wrote while introducing WHUF and listing the main auction terms. Under the announced limits, selling 20% of the supply at a $1 million FDV would value the auctioned portion at $200,000. The same allocation would be worth…

Eight years after the ICO boom, the regulator is offering a path that the market already abandoned. The capital it is trying to regulate now flows through channels the proposal does not touch. The SEC spent nearly a decade deciding how to let crypto projects raise money legally. By the time it published the answer, the industry had moved on without it. The proposal is technically sound, institutionally rational, and almost certainly irrelevant to the market it claims to serve. What the proposal actually says The framework extends Regulation A+, an existing exemption that lets small companies raise up to…

An on-chain transfer has become a hot topic in the crypto world this Monday, August 24. According to blockchain tracker Onchain Lens, institutional custodian Ceffu has pulled out 120 million $USDC worth from wallets associated with Ethena, which is behind the protocol for $USDe valued at $4 billion or more. In a market where institutions seem to prefer using third-party custodians to hold their collateral instead of keeping it on exchanges directly, the transfer points to the framework that sustains that practice. The synthetic dollar of Ethena is built on hedged investments and off-exchange settlement providers that protect the collateral…

Artificial intelligence is changing the Bitcoin mining industry by increasing demand for electricity, data centers, land and investment. But ViaBTC CEO Yang Haipo says AI will not push Bitcoin mining out of the market. Instead, the two industries will compete for resources while Bitcoin mining moves toward cheaper and more flexible power sources. In a recent analysis, Yang said Bitcoin mining has already gone through a major adjustment. Network hashrate rose above 1.1 zettahashes per second (ZH/s) in October 2025 before falling to more than 900 exahashes per second (EH/s) several times this year. Mining difficulty also recorded major declines,…

During a Wednesday interview with Yahoo Finance, Alan Baratz, CEO of D-Wave, warned that quantum computing will eventually be capable of breaking Bitcoin’s proof-of-work protocol. Baratz said it is “clear” that sufficiently advanced quantum machines will one day outperform hardware used for mining the flagship cryptocurrency. For now, the timeline is unclear, but he argues that the cryptocurrency industry should begin considering quantum-native alternatives before the technology matures. Quantum proof-of-work alternative Baratz also claimed that D-Wave has already demonstrated a new quantum proof-of-work protocol that could serve as a replacement for $BTC’s existing mining mechanism. The protocol relies on quantum…