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 Signs New Partnership with Banking Giant Also Serving in Türkiye!

According to the Financial Times, the world's largest cryptocurrency exchange, Binance, has chosen Spanish bank BBVA as its custody provider. BBVA, Spain's third-largest bank, recently began providing services to Binance as one of its few independent custodians. This move aims to alleviate investor concerns about the exchange's security, particularly following the FTX bankruptcy in 2022. With this partnership, Binance has allowed customers to keep their assets in the bank instead of on an exchange. Binance previously required its customers to store their assets only with Binance or its subsidiary Ceffu. However, Binance's stance changed early last year when it began…

ExchangesAug 9

Jack Dorsey’s Block set to release new Bitcoin mining chips next week

Key Takeaways Block's Proto Mining will launch new Bitcoin mining chips next week to democratize mining. Block's Cash App platform shows strong growth in Bitcoin transactions and financial services. Proto Mining, an initiative built by Jack Dorsey-led Block, will launch new Bitcoin mining chips next week that it believes will help democratize the mining ecosystem, said Amrita Ahuja, the company’s chief financial officer, in a Friday interview with CNBC’s ‘Squawk Box.’ Dorsey also hinted at the launch on X yesterday. The Bitcoin advocate recently generated headlines for the rollout of Bitchat, a decentralized messaging application. next week ⛏️ https://t.co/xf1qajTcpz —…

MiningAug 9

Buterin Says Ethereum Must Never Go Down as ETH Turns 10 With Zero Downtime

Ethereum must never go offline, the co-founder said during the network’s 10th anniversary, highlighting its decade-long record of zero downtime and its mission to safeguard digital freedom. Speaking during the network’s 10th anniversary livestream, industrial leader Buterin said constant uptime is critical to protecting digital rights and advancing human progress. The blockchain platform celebrated a decade online without a single interruption. Ethereum at 10: A Decade of Reliability and Growth Launched on July 30, 2015, Ethereum introduced the world’s first smart contract blockchain. It aimed to give developers an open platform to build decentralized applications (dApps) without intermediaries. Ethereum’s Roadmap:…

EthereumAug 9

Dow dips 500 points amid weak jobs data, trade war jitters

U.S. stocks shed gains on Friday, with renewed trade war jitters and weak jobs data spooking investors and sending the Dow Jones Industrial Average down 500 points. Summary Stocks fell as investors reacted to latest jobs data report. The Dow Jones Industrial Average dropped more than 500 points, while S&P 500 and Nasdaq slipped 1.2% and 1.5% respectively. Trade war fears also allowed bears to take advantage. The Dow Jones Industrial Average dropped more than 500 points, while the S&P 500 shed 1.2% and the Nasdaq gave up 1.5%, extending losses from Thursday, July 31, 2025. Wall Street showed signs…

RegulationAug 9

Ripple Wins Final Victory in SEC Case, Here’s How

After years of legal battles, the Ripple vs SEC case has officially come to an end. On August 7, both Ripple and the US Securities and Exchange Commission (SEC) filed a joint request to dismiss their appeals with the Second Circuit Court. This marks the official closure of one of the most closely watched lawsuits in the history of cryptocurrency. The case, which began with the SEC accusing Ripple of illegally selling XRP as an unregistered security, has been a central point of debate in the crypto industry. With today’s dismissal, the issue of Ripple’s programmatic sales of XRP made…

LegalAug 9

Exciting Binance Alpha Listing Arrives August 11

Get ready for a significant development in the crypto world! Binance Alpha, a specialized platform within the broader Binance ecosystem, is preparing for an exciting new addition. On August 11, it will officially add SatLayer (SLAY), marking a notable crypto project launch for early-stage enthusiasts. This move, announced via Binance’s official X account, highlights Binance Alpha’s commitment to showcasing promising digital assets. What is Binance Alpha and the SatLayer SLAY Listing? Binance Alpha acts as a dedicated space within the expansive Binance Wallet, specifically designed to spotlight early-stage cryptocurrency projects. Think of it as a launchpad for innovative tokens that…

ExchangesAug 9

CleanSpark confronts $185m tariff risk amid heightened US scrutiny of mining gear

CleanSpark is pushing back against U.S. Customs’ claim that it owes $185 million in retroactive tariffs for allegedly importing Chinese-made Bitcoin miners in 2024. The dispute comes amid the company’s record-breaking earnings. Summary CleanSpark faces a potential $185 million tariff dispute from U.S. Customs over alleged Chinese origin of Bitcoin miners imported in 2024. The dispute comes as CleanSpark reports record Q3 2025 earnings, with $257.4 million net income and 91% revenue growth. Similar scrutiny affects fellow miner IREN, highlighting broader U.S. customs enforcement on crypto mining hardware imports. According to an August 8 report from TheMinerMag, U.S. Customs and…

MiningAug 9

ETH at a “Fork in the Road” Between ETFs and Utility

As Ethereum marks its tenth anniversary, Jamie Elkaleh, the CMO of Bitget Wallet, believes Ethereum’s next decade won’t be defined just by ETFs or institutional adoption alone, but by how accessible Ethereum becomes for everyday users through their crypto wallets. In a recently published op-ed, Elkaleh explores Ethereum’s transformation from a revolutionary smart contract platform to a globally traded financial asset. However, he warned that without a major change in user experience, the protocol risks becoming detached from its original mission. Ethereum’s “quiet pivot” from utility to a commodity Ethereum has undeniably reshaped the blockchain landscape. It has secured over…

EthereumAug 9

What Does the Latest US Nonfarm Payroll Data Tell Us? Experts Weigh In

US nonfarm payrolls rose by only 73,000 in July, the weakest increase since October 2023. The unemployment rate rose to 4.2 percent. Employment growth in the last three months has been limited to an average of only 35,000 jobs. The labor force participation rate also declined for the second consecutive month. Employment data based on the household survey pointed to a contraction in July. According to experts, this data points to the weakest employment growth since the beginning of the COVID-19 pandemic. The rising unemployment rate, particularly despite declining labor force participation, highlights the weakening of the labor market. Average…

RegulationAug 9

Ethereum Foundation Pledges to Match $500K for Roman Storm’s Legal Defense

The Ethereum Foundation announced Thursday it will match up to another $500,000 in donations for Roman Storm's legal defense, just days after the Tornado Cash co-founder was convicted on one of three federal charges that experts say could criminalize code development. "Privacy is normal, and writing code is not a crime,” Wei Wang, co-executive director of the Ethereum Foundation, tweeted. The matching pledge comes as a Manhattan jury on Wednesday found Storm guilty of conspiring to operate an unlicensed money transmitter but remained deadlocked on separate conspiracy charges for money laundering and sanctions evasion after four days of deliberation. The…

LegalAug 9