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.

Identity of the Long-Time Anonymous Cryptocurrency Whale Has Finally Been Revealed

The identity behind a long-unknown, massive cryptocurrency whale has been revealed. Blockchain analysis platform Arkham announced that the address in question belongs to Bitmine Immersion Technologies. The company is chaired by renowned Wall Street strategist Tom Lee. According to Arkham data, Bitmine holds a total of $5.14 billion in assets with 1.17 million Ethereum (ETH), making it the company with the largest Ethereum treasury in the world. Bitmine purchased an additional 28,650 ETH (approximately $129.89 million) in just the last hour. This aggressive buying strategy appears set to continue in the coming days. Tom Lee highlighted the supply shortage in…

EthereumAug 18

Paxos Applies for National Bank Trust Charter, Joining Stablecoin Issuers Circle, Ripple

Stablecoin issuer firm Paxos has applied for a national bank trust charter with the Office of the Comptroller of the Currency (OCC), making it the latest U.S. stablecoin company to seek federal regulatory oversight. According to a Monday press release, Paxos aims to convert its New York Department of Financial Services (NYDFS) trust charter into a national one, a move that would put the firm under federal supervision. Paxos issues the PYUSD stablecoin for payments firm PayPal, and it's also a founding member of the consortium behind the Global Dollar (USDG) token. "[The] OCC oversight will help build on our…

RegulationAug 18

Hong Kong warns of fraud risk after new stablecoin rules

A Hong Kong Securities and Futures Commission (SFC) official has warned that the introduction of the new local stablecoin regulatory framework has increased the risk of fraud. According to an Aug. 18 report by Chinese financial news outlet Zhitongcaijing, Ye Zhiheng, executive director of the intermediaries division at the SFC, said that fraud risks have increased following the recent introduction of stablecoin regulation. He urged investors to exercise caution and avoid making irrational investment decisions driven by market hype or price momentum. Ye’s remarks follow stablecoin companies operating in Hong Kong posting double-digit losses on Aug. 1, just after the…

LegalAug 18

LayerZero Launches DAM: Zero-Fee Cross-Chain Token Transfers

At this point, LayerZero has introduced a token called DAM, an Omnichain Fungible Token (OFT), on Stargate Finance. DAM makes it easy to move in and out of BNB Chain into Ethereum as 1:1 with zap fees or slippage by using the liquidity Stargate. This disrupts most conventional transaction models, such as those of BNB Smart Chain having pay per transfer costs, as this will implement zero fee structure. LayerZero plots itself as a giant across chains. The zero-fee structure is a great feature rejoiced by the users. Others have doubts on its long term sustainability. Stargate has some money…

BlockchainAug 18

Ethereum’s Institutional Buying Frenzy Could Spark $15K Price Target

Ethereum’s price momentum is drawing attention from large institutional players, fueling speculation over the next rally. In recent weeks, major asset managers have stepped in aggressively. BlackRock reportedly acquired $500 million worth of ETH, while Fidelity added more than $56.9 million. This wave of accumulation comes as the cryptocurrency trades near $4,653, marking a 19% gain over the past week despite a modest daily pullback. Institutional Momentum and ETF Impact Analysts from CryptoELITES note that Ethereum’s historical breakout phases have consistently paved the way for broader altcoin surges. The latest move higher is underpinned by ETF approvals, record CME Ethereum…

EthereumAug 18

NWTN Partners with Changer.ae to Introduce Stablecoin Payments in Middle East Manufacturing

NWTN Inc. (Nasdaq: NWTN), a UAE-based company focused on smart mobility, manufacturing, and blockchain solutions, has signed a memorandum of understanding with UAE digital finance provider Changer.ae. The agreement aims to make NWTN the first manufacturing company in the Middle East to accept stablecoin payments. The initiative supports the UAE’s “We The UAE 2031” plan to promote digital transformation, expand financial access, and strengthen the country’s role in the global fintech sector. The partnership will combine NWTN’s expertise in mobility and manufacturing with Changer.ae’s regulated digital asset services. Together, they plan to create a commercial platform that uses stablecoins for…

RegulationAug 18

PocketFi Partners with Rhino.fi to Enable Seamless Cross-Chain Payments on Telegram

PocketFi has partnered with Rhino.fi to launch instant, non-wallet, cross-chain payments on the TON blockchain and Telegram. The stablecoin transfers across multiple blockchains are possible within the framework of this partnership, without requiring involvement in various bridges and settings. 🔥New Partnership🔥 We have teamed up with @pocket_fi to bring seamless crosschain payments to Telegram & @ton_blockchain Stablecoin swaps, bridges, and more. No wallets. No bridging flows. Just one tap in chat.https://t.co/NvDebMSCGz powers the crosschain magic behind the… pic.twitter.com/howE9GqVDh — Rhino.fi (@rhinofi) August 15, 2025 One-Tap Transfers With PocketFi With this new partnership, you users will be able to exchange stablecoins…

BlockchainAug 18

Liquid Staking TVL Hits Record $86B amid ETH Rally and Growing Institutional Adoption

Liquid staking protocols surged to a record of over $86 billion in total value locked (TVL) yesterday, Aug. 14, according to DefiLlama, marking a new high for the sector as demand for staking grows. Today, the total liquid staking TVL stands at just over $81 billion, with over $62 billion on the Ethereum network. The new ATH figure represents over 50% of total decentralized finance (DeFi) TVL, which currently stands at around $164 billion, per DefiLlama. The record TVL comes after a period of volatility for both liquid staking and DeFi as a whole, following a sharp decline between December…

EthereumAug 18

South Korean investors swap US Big Tech stocks for crypto-linked equities

South Korean retail investors are pivoting away from Big Tech stocks in the United States into high-risk, high-reward crypto-linked equities. A Yonhap News Agency report citing data from the Korean Center for International Finance (KCIF) said the percentage of crypto-linked stocks in the top 50 net-bought stocks by South Korean investors rose from 8.5% in January to 36.5% in June before declining to 31.5% in July. The report added that net purchases of the top US Big Tech companies dropped to $260 million in July, down 84% from a monthly average of $1.68 billion between January and April. The KCIF…

RegulationAug 18

Funton.ai Partners with Rocket IDO to Boost Web3 Gaming Ecosystem

Funton.ai has announced a partnership with Rocket IDO, which is the creator of a multi-chain launchpad that incubates and seeds blockchain projects. The partnership will enable faster development of the Web3 gaming industry through the integration of Funton.ai multi-game innovation and project launch onto the Rocket IDO platform. 🤝 https://t.co/UZaXmZlkwy is thrilled to partner with @Rocket_IDO! A next-generation Web3 launchpad powering high-quality blockchain projects, from fundraising to ecosystem expansion. 🔗 Through this partnership, we’re combining our expertise to accelerate growth of the #Web3… https://t.co/WJM1Eld1mc — Funton.ai (@funton_ai) August 15, 2025 Industry giants such as Mantle, Conflux, ChainGPT, UXLINK, AB, KuCoin…

BlockchainAug 18