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.

Delhi High Court Orders WazirX Operator to Disclose Binance Agreement, Restructuring Plan

The Delhi High Court has ordered Zettai Pte Ltd, the Singapore-based owner of crypto exchange WazirX, to produce its acquisition agreement with Binance and disclose restructuring scheme details, as creditors push for transparency following a $235 million hack that happened last year. Justice Sachin Datta issued the order on Tuesday, demanding Zettai file "a copy of its Agreement with 'Binance'" within one week, along with all Singapore High Court proceedings related to its restructuring scheme. The directive comes as the exchange concluded a revote on its amended restructuring plan on Wednesday after the Singapore High Court set aside an earlier…

ExchangesAug 9

ArtGis Finance and ATT Global Join Forces to Advance DeFi with Real-World Integration

ArtGis Finance, a leading DeFi platform, has officially collaborated with ATT Global, next-gen Web3 project. The partnership endeavors to redefine DeFi innovation with the robust real-world integration. As per the platform’s latest social media announcement, the move focuses on the merger of the advanced blockchain technology with the RWA applications. Hence, the mutual endeavor is set to transform the DeFi ecosystem with innovation and exclusive real-world use cases. 🚨New Partnership🚨 ArtGis Finance🤝@aiwayworld 💡#ArtGisFinance is partnering with ATT Global, a cutting-edge Web3 project merging RWA, DePIN & DLT to unlock new horizons in decentralized innovation. 🔥The future of finance meets real-world…

DeFiAug 9

IBIT Emerges as Fastest ETF to Reach $10 Billion, Drives New Investor Growth for BlackRock

According to Bloomberg data, IBIT set a record by reaching $10B in assets in just 34 trading days. 75% of IBIT investors were first-time BlackRock clients, driving broader platform adoption. IBIT’s rapid growth outpaced all major ETF peers, highlighting surging demand for Bitcoin ETFs. According to Bloomberg Intelligence data, the iShares Bitcoin Trust (IBIT) has become the fastest ETF in history to reach $10 billion in assets under management, reaching the feat in just 34 trading days. The sudden growth reflects a large demand for regulated exposure to Bitcoin and signals a major shift in investor behavior toward digital asset-based…

RegulationAug 9

Universal Adds ‘No AI Training’ Warnings to Films as Midjourney Claims ‘Fair Use’

American film studio Universal Pictures has begun warning AI companies not to use its movies for training by adding legal notices to film credits stating that the content "may not be used to train AI." The warning, which has appeared on recent releases including "How to Train Your Dragon" and "Jurassic World Rebirth,” is part of Hollywood's efforts to protect copyrighted content from AI training, according to The Hollywood Reporter. The move comes as AI image generator Midjourney mounted its first response against accusations of "vast, intentional, and unrelenting copyright infringement" brought by major Hollywood studios like Disney and Universal…

LegalAug 9

Arbitrage Trading – A Beginner’s Guide

Introduction Chances of profit and loss are everywhere when you think of investment. It is hard to believe that there can be an option that provides you with almost 100% chances of profit and almost zero risk. Yet, such an option does exist. It is called arbitrage trading. Arbitrage trading is the simultaneous buying and selling of securities, currency, cryptocurrencies, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset. The Concept Made Easy To understand the concept from an example, let’s suppose that looking at the markets closely,…

ExchangesAug 9

Pharos Network Integrates Morpho Lending Infrastructure for RWA Market

Pharos Network, a L1 blockchain focused on real-world asset finance, has partnered with Morpho, a lending network with more than $9 billion in total deposits. The partnership will deploy Morpho’s lending infrastructure directly on the Pharos mainnet. This will provide the technical base for institutional-grade lending in the on-chain real-world asset market. The integration will allow lending with isolated risk management for RWA vaults, giving asset originators and liquidity providers more flexible credit options. Morpho will serve as the official lending infrastructure provider for Pharos, supporting the network’s broader strategy in the RWA sector alongside other partners. The system will…

DeFiAug 9

Nyan Cat Creator Calls Meme Coins 'Wild West', Claims $700K in Fees—But Denies Endorsement

Chris Torres, the creator of the iconic internet meme Nyan Cat, is apprehensive about getting involved in the world of meme coins, despite issuing a number of NFT collections in the past. The artist told Decrypt it’s because he views meme coins as the “wild west.” Still, Torres has claimed more than $700,000 in fees from the Bags token launchpad. It allows anyone to launch a token on the platform and assign royalties to a user on X. The platform has housed countless tokens sending royalties to Torres, most notably a Nyan Cat token that touched a $12 million market…

NFTAug 9

Monster week for crypto treasury firms with $8B buying blitz

Crypto treasury firms have begun moves to buy over $7.8 billion worth of cryptocurrencies this week, in possibly one of the biggest corporate crypto grabs in recent history — particularly for altcoins. Cointelegraph analyzed 16 company statements since Monday, which either announced a plan to buy or raise money for crypto. Ether (ETH) was the hottest target. At least five public companies have bought or have promised to purchase over $3 billion worth of ETH, which is around 45 times more than the amount of ETH issued in the past week. The so-called crypto treasury companies are the latest Wall…

RegulationAug 9

Dubai and UAE move to align crypto frameworks under new partnership

The United Arab Emirates (UAE) has taken a significant step toward harmonizing its approach to crypto regulation. The country’s Securities and Commodities Authority (SCA) and the Dubai Virtual Assets Regulatory Authority (VARA) have announced a strategic partnership to unify the UAE’s approach to crypto regulations. In September, both regulators expressed their intention to work together toward unifying crypto frameworks in the country. One feature of the partnership is that it will allow Dubai-based licenses to service the entire UAE, according to a Wednesday announcement shared with Cointelegraph. A VARA spokesperson told Cointelegraph that the latest development formalizes the agreement between…

LegalAug 9

Upbit and Bithumb Soar While Coinone Sells Assets

Korean cryptocurrency exchanges Dunamu and Bithumb shares have surged dramatically this year, contrasting sharply with Coinone’s decision to liquidate crypto holdings. With the bull market this year, exchanges are experiencing divergent fortunes as market leaders see soaring valuations while smaller players face financial strain. Upbit, Bithumb Drive Exchange Valuations Higher Dunamu, which operates Upbit, has seen its private stock price climb 33% year-to-date to 240,000 won ($173). The company’s estimated market capitalization now stands at 8.26 trillion won ($5.96 billion). Bithumb has performed even more impressively with a 131% surge to 238,000 won ($172). Both exchanges reached peak valuations on…

ExchangesAug 9