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.

Central Bank’s Bold Stance on Digital Payments

The financial world is buzzing with news from Eastern Europe, as Ukraine’s central bank navigates the complex landscape of digital assets. A significant announcement recently came from the National Bank of Ukraine (NBU) governor, Andriy Pyshnyy, regarding Ukraine crypto legalization. While supporting the legal status of digital assets, he drew a firm “red line” against their use for payments, effectively implementing a crypto payment ban to protect monetary stability. This development marks a crucial moment for how digital currencies might integrate into the nation’s economy. What is Ukraine’s Stance on Crypto Legalization? Andriy Pyshnyy, the head of the National Bank…

LegalAug 8

Stability World AI Partners with SentrAI to Transform the Future of Tokenized AI Personas

Stability World AI is excited to announce its groundbreaking collaboration with SentrAI to reshape our interaction with artificial intelligence. This powerful integration is set to open new Web3 frontiers, bridging identity, creativity, and commerce with the help of artificial intelligence (AI). 🤝 Partnership Announcement: Stability World AI x SentrAI We’re thrilled to team up with @SentrAIofficial — the platform turning AI personas into programmable, tradable onchain assets. Together, we’re building the next wave of AI-powered identity & creativity in Web3 🔗🧠 👇🧵 pic.twitter.com/nES7PDWyx8 — Stability World AI (@StabilityW_AI) August 5, 2025 Stability World AI, the platform for creating AI tools…

BlockchainAug 8

Keyring Brings Zero-Knowledge ID Layer to DeFi Vaults on Avalanche

Zero-knowledge identity provider Keyring and DeFi lending protocol Euler Finance have joined forces to launch verified vaults on Avalanche in a bid to make decentralized finance more compliant. In a press release shared with The Defiant, the projects said the launch comes with $3 million in incentives tied to hitting specific capital targets and introduces a new way to control access to DeFi. The vaults integrate multiple DeFi components, including Euler’s lending protocol, Multipli’s xUSDC yield-bearing instrument, and price feeds from the Pyth Network. Depositor access is restricted through Keyring’s “zkVerification” layer, which uses advanced cryptography to verify users’ identities…

DeFiAug 8

Ethereum (ETH) Slips Again, Are the Bears Back in Full Control?

Ethereum is trading around the $3.6K level. The market witnessed $231.63 million in ETH liquidations. The 3.29% slip in the crypto space has pulled the market cap down to $3.76 trillion. The neutral sentiment lingers in the market, with the Fear and Greed Index value holding at 57. All the major assets are charted in red, falling to their recent lows. Meanwhile, the largest altcoin, Ethereum (ETH), has dropped by over 4.18%. The altcoin opened the day trading at its high range of $3,836. After the bears came into command, the ETH price has plunged toward the $3,590 mark. As…

EthereumAug 8

XRP Army Celebrates Being on 'Right Side of History’ as SEC’s Ripple Lawsuit Ends

In the wake of the U.S. Securities and Exchange Commission formally closing its legal dispute against Ripple Labs Inc., the XRP Army believes it is confirmation that the group is on the “right side of history”—a mantra that’s been repeated among the community since 2020. It stems from a blog post from Ripple CEO Brad Garlinghouse, who said at the time: “We are not only on the right side of the law, but we will be on the right side of history.” The SEC alleged that Ripple had participated in a $1.3 billion unregistered securities offering via the sale of…

LegalAug 8

Base blames faulty sequencer for 33-minute outage, fixes made

Coinbase’s Ethereum layer-2 blockchain Base stopped producing blocks for 33 minutes on Tuesday after switching to a backup sequencer that wasn’t set up properly to process transactions. The incident began at 6:07 am UTC when the active sequencer started falling behind on block production, prompting Conductor — Base’s system for managing sequencer availability and reliability — to switch sequencers. However, it switched to an “unhealthy mainnet sequencer” that was still being set up and thus wasn’t able to produce blocks, Base Build’s X account said in a post on Tuesday. Base creator Jesse Pollak said the core team responded to…

BlockchainAug 8

Decentralized Finance and Tokenization Growth Still Disappoints: JPMorgan

The growth of decentralized finance (DeFi) and asset tokenization continues to underwhelm, JPMorgan's Nikolaos Panigirtzoglou said in a research report Wednesday, citing the stagnant recovery since the 2022 crypto winter. Total Value Locked (TVL) in DeFi remains below 2021 highs, with most activity still driven by crypto-native and retail users, the report noted. Institutional adoption has lagged despite the development of compliance-ready infrastructure, such as permissioned lending pools and KYC-enabled vaults, Panigirtzoglou wrote. Major barriers remain. Institutions face regulatory fragmentation, legal uncertainty around on-chain assets, and concerns about smart contract security, the analysts wrote. As a result, most institutional crypto…

DeFiAug 8

Mike Novogratz Stuns With Rare Ethereum (ETH) Price Outlook

Ethereum (ETH) has just bounced off the same ceiling for the fourth time, and while a lot of people are saying it is the end of the rally, Galaxy Digital's Mike Novogratz is not convinced. In a rare price outlook, Novogratz suggested that ETH may not be ready to crash just yet. In fact, it might be setting up for a breakout that takes it firmly past $4,000 before the end of 2025. The commentary followed a chart that has been doing the rounds, and some are calling it a "quadruple top" — a bearish formation, as explained in textbooks,…

EthereumAug 8

Coinbase stock just collapsed

Coinbase (NASDAQ: COIN) reported a sharp drop in quarterly profit on Thursday, July 31, that sent shares tumbling, with the crypto exchange posting adjusted net income of $33 million, or 12 cents per share, compared to $294 million, or $1.10 per share, in the same quarter last year. Shares were trading at $320.93, down 15.04% at press time Friday. Why is Coinbase stock down? Coinbase’s troubles centered on weak trading activity as crypto market volatility dropped and retail investors held onto their digital assets rather than trading. Consumer spot trading volume was $43 billion, down 45%, while consumer trading revenue…

RegulationAug 8

Switchboard launches Surge, Solana’s fastest oracle yet

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Switchboard’s new “Surge” oracle network goes live on mainnet today. As Solana continues to reckon with competition from high-speed upstarts like Hyperliquid, one of the network’s biggest price oracles is getting much faster. The oracle will be free to integrate, and is claimed by the Switchboard team to be the fastest on Solana yet. How fast? Surge promises to deliver price feeds at a sub-100ms latency — a performance gain of about 8x faster and at roughly 1/100th the cost of existing oracle providers, according to the…

BlockchainAug 8