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.

Binance Lost 10% of Ethereum (ETH) Supply: Massive Bullish Signal

According to Binance's most recent proof of reserves report released on Aug. 1, user holdings across key assets have changed dramatically. The most notable was the sharp decline in reserves of Ethereum, which fell by almost 10%. The exchange currently has about 4.55 million ETH, which is 496,984 ETH less than it had a month ago. Ethereum supply thin This withdrawal contrasts significantly with other assets with comparatively small reserve changes. In addition to USDT holdings increasing by over 258 million (+0.87%), Bitcoin reserves increased by 17,167 BTC (+2.99%). Even Binance's native token, BNB, saw a negligible 0.38% increase. Ethereum's…

EthereumAug 14

Self Chain Taps Nebulai to Redefine Decentralized AI Accessibility

Self Chain, a prominent platform offering secure and robust Web3 infrastructure, has announced its exclusive partnership with Nebulai, a leading open compute ecosystem and marketplace for decentralized AI agents. The collaboration aims to advance the accessibility of the decentralized AI network. Hence, as Self Chain mentioned in its announcement on X, the joint effort will unveil intent-led execution and keyless access. These features will reportedly make Nebulai more accessible for the deployment of AI agents to earn for participation. https://twitter.com/selfchainxyz/status/1955212774658699501?t=E88EjTtkJUsiC8issILRzQ&s=19 Self Chain and Nebulai Partnership Streamlines AI Accessibility with Robust Decentralized Infrastructure The partnership between Self Chain and Nebulai focuses…

BlockchainAug 14

Ethereum Transaction Volume Hits New Record! Daily Transaction Count Surpasses 2021 Peak! Here's All the Data

The Ethereum network reached an all-time high in average daily transactions as of August 5th. The number of transactions, measured by the 7-day moving average, rose to 1.74 million. This surpassed the previous record of 1.65 million set on May 12, 2021. Ethereum Breaks Record Transaction Volume: Daily Transaction Count Surpasses 2021 Peak July was also the busiest month in Ethereum's history, with a total of 46.67 million transactions occurring across the network. The number of active addresses also increased significantly. The network reached 683,520 active addresses on August 5th, and is now close to retesting the record of 743,730…

EthereumAug 14

Soluna's Project Kati 1 to Reach 83 MW With Galaxy Bitcoin Miner Deployment

Galaxy Digital will deploy 48 megawatts (MW) of its bitcoin mining equipment at Soluna Holdings’ Project Kati 1 site in Texas, bringing the facility to its full 83 MW capacity. Galaxy Moves Miners to Soluna Site as Helios Transitions to AI According to the announcement shared with Bitcoin.com News, the deployment involves relocating miners previously operating at Galaxy’s Helios campus in the Texas panhandle. Galaxy is transitioning the Helios facility to focus on artificial intelligence (AI) and high-performance computing (HPC) applications. The move follows Galaxy providing debt financing to Soluna in the first quarter of 2025. The new agreement extends…

MiningAug 14

Do Stripe, Circle L1s refute the Solana thesis?

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Corporate blockchains have never looked so good. In rapid succession, news broke that both payments giant Stripe and stablecoin darling Circle would be building their own layer-1 blockchains. While major companies coming onchain theoretically poses a competitive threat to all existing L1s, there may be reason to believe the news is particularly troublesome for Solana’s vision that “everything can fit in one computer.” Stripe and Circle’s chains — named Tempo and Arc, respectively — are set to be EVM-based, which some Ethereum boosters were quick to chalk…

BlockchainAug 14

A Stellar 110 BTC Production in Q2

In the dynamic world of digital assets, transparency and consistent performance are key indicators for investors and enthusiasts alike. Greenidge Generation Holdings, a prominent Nasdaq-listed cryptocurrency miner, recently made headlines with its impressive Q2 performance. The company officially announced via a Business Wire press release that it successfully produced 110 BTC during the second quarter, marking a significant milestone in its Greenidge Bitcoin mining operations. Unpacking Greenidge’s Impressive BTC Production Greenidge Generation Holdings is not just any mining company; its listing on Nasdaq signifies a level of corporate governance and public scrutiny often absent in the broader crypto space. This…

MiningAug 14

Bitcoin L2 Network AILayer Integrates 0xtrikon’s Abstraction Layer to Break Obstacles in Web3

The Web3 world continues to struggle with big obstacles such as disconnected on-chain networks, liquidity shortages, and sophisticated wallet capital management. These hurdles discourage mass adoption by making users’ engagement with Web3 applications complicated. AILayer, an AI-powered Bitcoin Layer-2 network, today disclosed a strategic collaboration with 0XTrikon, a chain abstraction layer that is dedicated to improving the utility and access of decentralized ecosystems. AILayer, through its alliance with 0XTrikon, seeks to resolve these challenges on its Bitcoin L2 network by launching a powerful abstraction interface to power efficient decentralized multi-chain experiences. 🤝 #AILayer is excited to announce a partnership with…

BlockchainAug 14

Solana Mobile has started shipping out its second phone Solana Seeker

Solana Seeker, the second generation of Solana Mobile’s crypto smartphone, has started shipping worldwide, and so far, pre-order customers who have received their devices are using words like “good,” “sleek design,” and “impressive” to describe the usage experience. At its core, Seeker is designed to enable access to crypto and Web3 on the go, whether in managing DeFi portfolios or making transactions. But Seeker also comes as an improved version of Solana Saga, the first generation of Solana Mobile’s crypto smartphone. Despite the demand for Saga phones skyrocketing in the secondary markets due to the BONK tokens airdropped to owners,…

BlockchainAug 14

Ethereum in the Driving Seat as On-Chain RWA Tokenization Nears Peak Levels

“When Larry Fink says all stocks, bonds, and real estate can be tokenized, believe him,” said crypto asset manager Bitwise on Wednesday. The comment in reference to the BlackRock boss came alongside a chart showing that real-world asset (RWA) onchain value had surged to an all-time high of just under $25 billion. More recent data from RWA.xyz reveals that it is currently at $25.46 billion, which is close to record highs. When stablecoins are included, that figure jumps to $283 billion, which is its highest ever level. When Larry Fink says all stocks, bonds, and real estate can be tokenized,…

EthereumAug 14

CMB International Tokenizes HK–Singapore Recognition Fund on Solana

CMB International (CMBI), a major Asia-based asset manager under the Chinese bank Merchants paper. CMBI has made its HK-Singapore Mutual Recognition Fund tokenizable at the Solana blockchain. DigiFT and OnChain launched the tokenised unit (CMBMINT) with distribution and technical assistance. CMB International (CMBI): Asset manager with blockchain rails incorporated in the distribution of funds and all peripheral activities. Solana: performance L1 deployed for the issuance, transfer and corporate actions. Widely known for sub-second finality, near-zero fees, and parallelized execution. DigiFT: Singapore-based, regulated company that trades in tokenized securities / RWA placement, and KYC / AML-compliant onboarding of investors. OnChain: Infrastructure…

BlockchainAug 14