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.

What Does This Colossal $400 Million Whale Move Mean?

The cryptocurrency world recently buzzed with news of a colossal USDT transfer, drawing attention to significant movements within the digital asset landscape. Whale Alert, a prominent blockchain tracker, reported a staggering 400,000,000 USDT moving from the decentralized finance (DeFi) protocol Aave to the centralized exchange HTX. This massive transaction, valued at approximately $400 million, immediately sparked discussions among investors and analysts about its potential implications. Understanding the USDT Transfer: What Happened? On [Insert Date of Whale Alert report if known, otherwise keep general], the crypto community observed a monumental shift of funds. A single USDT transfer involving 400 million Tether…

ExchangesAug 16

Company That Hijacked Network by Launching 51% Attack on Surprise Altcoin Publishes Attack Report

Qubic, a cryptocurrency mining pool and altcoin with its own name, shared its preliminary report on the 51% attack experiment it conducted on the Monero (XMR) network. During the experiment, Qubic reached 52 percent of the Monero network’s global hash rate, and in the process, 6 blocks were reorganized and 60 blocks became “orphans” (isolated). The report reveals that Qubic mined approximately 80% of the blocks on the Monero network in just two hours. During this time, 750 XMR and 7 million XTM were mined. Combined with unsold Tari from the previous period, the newly mined XTM totaled 17.2 billion…

MiningAug 16

REI Network Taps AIDA to Provide AI-Led, Feeless DeFi Trading

REI Network, a cutting-edge zero-fee L1 for dApp integration, has collaborated with AIDA, an AI-driven trading entity. The partnership focuses on providing AI-driven, fee-free trading experience in the DeFi ecosystem. According to REI Network’s social media announcement, the joint effort is set to establish an inclusive platform, marked by advanced trading experience combined with efficient blockchain performance. Ultimately, the development indicates a noteworthy jump toward faster, more accessible, and smarter DeFi services to benefit global users. 🤝 Meet AIDA — our newest AI-powered trading partner uniting DEXs & LaunchPads for a next-gen Web3 experience!@aidappcom brings AI-driven token creation, analytics, and…

BlockchainAug 16

Biotech Stock Plunges on Bitcoin Plans as Ethereum Treasuries Stay Hot

Bitcoin hit a new record high price on Wednesday, and Ethereum may be poised to do the same very soon. But as ETH treasury firms’ stocks have surged on the recent market momentum, shares of at least one of their BTC counterparts are trending in the opposite direction. Lixte Biotechnology's stock (LIXT) finished the day trading 16% lower at $4.06 per share on Wednesday, shortly after the clinical-stage pharmaceutical firm announced its plan to allocate up to 25% of its reserves to a Bitcoin treasury, Yahoo Finance data shows. The LIXT sell-off comes as investors appear to pivot from Bitcoin…

RegulationAug 16

Wisconsin Democrats File Senate Companion Bill to Rein In Crypto Kiosks

Wisconsin lawmakers have filed their second legislative attempt in two weeks to crack down on crypto kiosks, in response to a nationwide surge in fraud that they say cost victims nearly $247 million last year. Senate Bill 386, filed Monday by Senator Kelda Roys alongside six colleagues, echoes Assembly Bill 384, introduced last month by Rep. Ryan Spaude (D-Wis.) and ten co-sponsors. The moves hint at urgency from Democrats to control digital currency terminals scattered across gas stations and grocery stores statewide. Both bills arrive as the Treasury Department's Financial Crimes Enforcement Network has issued an urgent alert documenting a…

LegalAug 16

Alchemy Pay Joins Forces with Reef for Seamless Fiat to Crypto Access

Alchemy Pay, a global payment gateway from fiat to crypto, has announced its strategic partnership with Reef. This collaboration aims to introduce the world’s leading fiat-crypto on-ramp into the Reef website and wallet. This initiative strives to empower users of 173 countries, giving them the authority to easily buy $REEF tokens along with other digital assets. Reef Chain 🤝 Alchemy Pay@Reef_Chain integrates #AlchemyPay’s fiat on-ramp into its site & wallet! Users can now buy $REEF with cards, Apple Pay, Google Pay, & local bank transfers across 173 countries. 🌍https://t.co/8isOEvNLbV$ACH pic.twitter.com/GpGODvUd4S — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) August 12, 2025…

ExchangesAug 16

Korea’s 'Onshore' Won Policy Could Hinder Its Stablecoin Ambition

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. South Korea’s decision to shelve its central bank digital currency pilot in favor of private-sector stablecoins has sparked a wave of activities among fintechs and banks. As CoinDesk previously reported, KakaoBank is weighing both issuance and custody roles, while Upbit and Naver Pay are collaborating on a payments-focused token that could help close the “kimchi premium”…

RegulationAug 16

SEC Chairman Paul Atkins Discusses Ripple (XRP) Case Closure: "Now What?"

The Ripple (XRP)-SEC case, one of the biggest cases in cryptocurrency history, is officially over. At this point, the SEC officially ended its case against Ripple last week. While this was received positively in the market, SEC member Hester Peirce, known for her moderate approach to cryptocurrencies, shared a post about the closure of the case. Peirce, who described the end of the case as a welcome development, stated that with the closure of Ripple and other cases, minds that were once preoccupied with lawsuits can now focus on creating a clear regulatory framework for cryptocurrencies. SEC Chairman Paul Atkins,…

LegalAug 16

$76B Fiat Flood into Crypto Sends Strong Market Signal

The stablecoin market is witnessing a remarkable surge. Billions of fresh capital are potentially setting the stage for increased trading activity and asset appreciation. USDT and USDC’s combined growth means investors are positioning for further upside across the crypto market. Billions in Fiat Pour Tether’s USDT saw its market cap climb from $120 billion before the US election in November 2024, when Donald Trump secured a victory, to the current $165 billion, according to data shared by Matrixport. During the same period, Circle’s USDC leaped from $34 billion to $65 billion. This $76 billion influx of fiat into crypto through…

RegulationAug 16

Ripple CTO Reacts to SEC's Post-Lawsuit Statements

David Schwartz, chief technology officer at Ripple, has taken to the X social media to react to the post-lawsuit statements posted by SEC officials with a quote from a British comedy sketch. This comes after the long-lasting legal battle was officially "laid to rest" last week. "A simply super day" The Ripple exec posted a GIF from Sam Peckinpah's "Salad Days," which is a sketch that appears in one of the episodes of "Monty Python's Flying Circus," a British surreal sketch comedy that first premiered in 1969. https://t.co/3sDg32TWMJ pic.twitter.com/k9FcRC9tlm — David 'JoelKatz' Schwartz (@JoelKatz) August 12, 2025 In the episode,…

LegalAug 16