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Author: 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.

Upbit Unlocks Exciting Opportunity for CTC Holders

Get ready for some exciting news in the crypto world! Upbit, one of the leading cryptocurrency exchanges, recently announced its full support for the upcoming SPACE token airdrop. This significant event directly benefits users who hold Creditcoin (CTC), offering them a new opportunity to expand their digital asset portfolios. Understanding the details of this airdrop is crucial for CTC holders to ensure they can fully participate and benefit from this development. What is the SPACE Token Airdrop and How Does it Work? An airdrop in the cryptocurrency space is essentially a distribution of free tokens to a large number of…

Exchanges

This Is How You Get Into Solana’s New Exclusive Hub in Dubai

Dubai has taken another step toward cementing its role as a global leader in innovation and blockchain adoption. A newly launched coworking hub, branded as Solana City, is set to become the official home for the Solana community in the Middle East. Positioned in the heart of the United Arab Emirates, this space will serve as a dedicated venue for collaboration, workshops, and high-level meetings for Solana’s builders and partners. The initiative highlights Dubai’s strategy to attract top blockchain talent and position itself as a central player in the Web3 economy. Dubai now has a global hub for the Solana…

Blockchain

Is Aave on the Verge of Cracking Under Its Own DeFi Power?

Aave (AAVE), a leading non-custodial liquidity protocol, has established itself as a major player in the decentralized finance (DeFi) ecosystem, controlling approximately half of the DeFi lending market share. However, as the crypto market remains euphoric amid the broader bull run in 2025, several concerns within Aave emerge that could have severe consequences for the overall market. The Risks Behind Aave’s DeFi Dominance and Market Control According to data from DefiLama, Aave’s Total Value Locked (TVL) stands at $36.73 billion. This accounts for nearly 50% of the total $75.98 billion TVL. Furthermore, the protocol’s TVL reached an all-time high of…

DeFi

ETH transaction count rising amid $5K push, but competition erodes market share

The Ethereum transaction count is rising amid Ether’s (ETH) push toward the $5,000 milestone. However, increased competition is eating into network revenue and user mindshare. Ethereum’s daily average transaction count is hovering near all-time highs, at over 1.7 million transactions recorded on Tuesday, according to Nansen. Ethereum’s daily transaction count hovering near all-time highs. Source: Nansen For comparison, Ethereum layer-2 networks, Arbitrum and Base, recorded over 3.4 million transactions and 8.6 million transactions, respectively, and Aptos, a competing layer-1 blockchain, hosted 3.8 million transactions on Monday, according to The Tie. Active addresses on Ethereum have also remained fairly flat, fluctuating…

Ethereum

GMXSOL launches first RWA perpetual contract for S&P 500 ETF

GMXSOL, the Solana-based decentralized leveraged trading platform, has launched its first real-world asset perpetual contract for the exchange-traded fund that tracks the S&P 500. Summary Solana-based decentralized exchange protocol GMXSOL has launched a perpetual contract for the S&P 500 ETF. Chainlink will power the RWA perpetual contract, having recently unveiled the Chainlink Data Streams for U.S. equities and ETFs. Decentralized finance protocol GMXSOL, which is built on the Solana (SOL) blockchain, debuted the real-world assets perpetual contract market for the S&P 500 ETF on Friday, Aug. 8. The perpetual contract for the SPY/USD pair will be powered by Chainlink (LINK),…

Regulation

WazirX restructuring plan gets 95.7% votes, awaits court approval

WazirX, one of the largest crypto exchanges in India, has gained a majority vote of more than 95% for its latest restructuring proposal. It is now awaiting court approval. Summary WazirX’s latest restructuring plan received a 95.7% creditor vote, cleared by a Singapore court approval or refusal. The Indian exchange has been wrapped up in legal troubles ever since it suffered a $230 million hack in July 2024. In a recent release from WazirX, the crypto exchange has proposed yet another restructuring plan to the court for approval. On August 18, the restructuring plan received majority support from creditors, with…

Exchanges

BNB Chain Integrates Tychi to Simplify Multichain Gas Payments

On August 19, 2025, BNB Chain has revealed integration with Tychi Wallet, a multi-chain crypto wallet that is aimed at streamlining the payment of gas fees. This addition will enable the users to migrate to having a single balance of their BNB on opBNB that can be used to pay the gas fees on as many chains as necessary. The integration eliminates the numerous steps required to use disparate native tokens to make transactions, creating less friction, reducing operational costs and less complexity in the use of the blockchain ecosystem by individuals. Global Gas Protocol and Multi-Chain Web Performance The…

Blockchain

Meta Breaks Up AI Lab as Part of Superintelligence Push

Meta is breaking up its AI Superintelligence Labs into four divisions focused on research, infrastructure, and product development, part of a broader effort to accelerate progress toward so-called superintelligence. Meta’s chief AI officer, Alexandr Wang, said in the memo that the Superintelligence Labs will be divided into smaller units focused on AI research, infrastructure, hardware, product integration, and the company’s long-term superintelligence goals. “Superintelligence is coming, and in order to take it seriously, we need to organize around the key areas that will be critical to reach it,” Wang wrote, according to an article on Bloomberg, which first reported the…

Metaverse

Bitlayer's YBTC Enters Solana as the DeFi Project Partners With Kamino Finance, Orca

Bitlayer, a bitcoin DeFi infrastructure project, has partnered with Kamino Finance and Orca to bring its bitcoin-backed token, YBTC, to the Solana ecosystem. This integration is intended to combine Bitlayer's security with Solana's speed and scalability, aligning with Bitlayer's goal of expanding the Bitcoin DeFi sector. It will provide bitcoin holders with native BTC exposure and yield opportunities, said Charlie Hu, co-founder of Bitlayer. "By combining Bitlayer's security roots with Solana's performance frontier through YBTC, we're delivering what BTC holders demand: native Bitcoin exposure with yield opportunities. Kamino and Orca provide the essential liquidity rails to make this vision operational…

DeFi

Ethereum (ETH) Price Prediction for August 15

After a long rally that took the Ethereum price from below $3,800 earlier this month to new multi-year highs, it is now holding steady above $4,750. The price is currently moving up in a well-defined channel, and during the day, it stays above both the VWAP and short-term EMA clusters. Bulls are now looking at the $4,870 resistance level, which is a key liquidity zone from past highs. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the 30-minute chart, ETH is following an upward-sloping channel. The lower bound is acting as dynamic support near $4,723, and the…

Ethereum