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.

Coinbase to Raise $2B in Convertible Notes as COIN Sags in Pre-Market Trading

Popular centralized exchange Coinbase announced on Tuesday its intention to raise $2 billion via convertible senior notes in a private offering. The funds will be used for “general corporate purposes,” which it says may include “acquisitions of other companies, products, or technologies.” The company’s publicly traded stock closed on Monday at $314.69, per Trading View, down 25% from its all-time high. COIN has since slumped almost 2% in pre-market trading to $308.54. Coinbase’s sale will be open to “qualified institutional buyers” to purchase $1 billion worth of convertible senior notes that mature in 2029, as well as another $1 billion…

RegulationAug 6

Trump could soon sign executive order to penalize banks for discriminating against crypto firms

Key Takeaways A proposed White House executive order aims to penalize banks that discriminate against crypto and conservative companies. Banks may face fines or disciplinary measures if found violating equal credit, antitrust, or consumer protection laws. Banks could soon face federal penalties for cutting off conservative or crypto clients for political reasons under a forthcoming executive order, The Wall Street Journal reported Monday. According to a draft order spearheaded by the White House, bank regulators would investigate whether financial institutions violated the Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws. Violators could face monetary penalties, consent decrees,…

LegalAug 6

CodexField and Atleta Network Ally to Digitize OnChain Sports Assets

CodexField is excited to announce its groundbreaking collaboration with Atleta Network to intersect blockchain, content, and sports. This partnership represents a remarkable step forward in redefining the operation of sports economies in the modern digital age. Furthermore, this synergy aims to digitize sports and the tokenization of physical assets. 🚀 We’re excited to announce our partnership with @Atleta_Network — a modular, multi-layer EVM-compatible blockchain built on Substrate and designed for the digitization of sports and tokenization of physical assets. ⚙️ With 25M+ transactions, 1M+ wallets, and a thriving dApp… pic.twitter.com/FZUD0cjAhm — CodexField (@CodexField) August 4, 2025 CodexField, a platform for…

BlockchainAug 6

"I Will Announce the New Fed Chair Soon! I Received a Rejection from One Person!" Here Are His Critical...

Tensions continue between US President Donald Trump and Fed Chairman Jerome Powell over interest rates. While Powell prefers to act cautiously regarding interest rate cuts due to tariffs, Trump argues that inflation is in good shape and that interest rate cuts should begin. At this point, Trump, who has frequently called for Powell's resignation, has already begun work on the new FED chair, who will come when Powell's term expires in 2026. US Treasury Secretary Scott Bessent announced last week that Trump had begun discussions with potential candidates for the new Fed chair. While everyone is eagerly waiting to see…

RegulationAug 6

Why Is It Taking So Long to Dismiss the Appeal?

The Ripple vs SEC lawsuit is again at the center of attention as crypto experts and legal analysts express growing frustration about the delay in dismissing the SEC’s appeal. While the SEC has been quick to wrap up lawsuits against other crypto companies like Coinbase, many are questioning why the process is dragging on when it comes to Ripple and XRP. Attorney Bill Morgan recently raised a key question. He asked whether SEC Chair Paul Atkins can get the agency’s commissioners to vote on dismissing the appeal in the Ripple case. He also questioned if SEC attorneys are ready to…

LegalAug 6

Sui Launchpad and DeepBook Partner for Private Sale of IDO

Sui Launchpad, a prominent platform backing unique Web3 ventures, has officially partnered with DeepBook, a popular Sui blockchain-based Central Limit Order Book (CLOB). The partnership mainly endeavors to start a new private sale. This development, as the platform revealed in its announcement on X, attempts to provide selected participants with prior access to DeepBook-based token ahead of public launch. In this respect, the joint development serves as a cautiously curated opportunity for the investors. 🤝 SuiLaunchpad x DeepBook — Strategic Partnership We're thrilled to partner with DeepBook for an exclusive Private Sale ahead of their public IDO! 💼 Backed by…

BlockchainAug 6

BounceBit Adds Franklin Templeton Tokenized Fund for Treasury-Backed Yield Strategies

BounceBit, a crypto infrastructure provider that combines features of centralized and decentralized finance (CeDeFi), is bringing Franklin Templeton's tokenized money market fund into its structured yield platform BB Prime, combining U.S. Treasury yields with crypto funding and basis arbitrage strategies. The tokenized fund, which belongs to the suite of BENJI products, will serve as a collateral and settlement instrument for investment strategies. This way, investors can reap the underlying Treasury yield while adding additional return sources. Tokenized money market funds, now a roughly $7 billion asset class, have been at the forefront of tokenization efforts. Global asset manager BlackRock created…

RegulationAug 6

Philippine SEC Flags 10 Crypto Exchanges Defying New Digital Asset Regulation

Top global crypto exchanges face mounting legal peril in the Philippines after being accused of illegally targeting users and violating strict new digital asset compliance rules. Philippine SEC Flags Major Crypto Exchanges Operating Illegally in the Country The Philippine Securities and Exchange Commission (SEC) published an advisory on Aug. 4, alerting investors about unregistered offshore crypto platforms that continue to serve Filipino users. The regulator warned that a number of digital asset service providers are operating in the country without proper authorization. These platforms, the Philippine SEC stated, are offering crypto trading services in violation of newly implemented compliance requirements.…

LegalAug 6

Biconomy and TaskOn Join Forces to Increase Web3 Community Engagement

Biconomy, a renowned multichain relayer infrastructure provider, has announced its exclusive collaboration with TaskOn, a cutting-edge Web3 platform dealing with task collaboration. The partnership is poised to redefine the growth of the crypto communities while also bolstering their engagement and rewards via interactive quests. According to the announcement shared by Biconomy, the consumers can anticipate a more immersive, rewarding, and dynamic experience with this mutual endeavor. 🚀 We’re thrilled to announce our partnership with @TaskOnXYZ TaskOn, the powerful Web3 task collaboration platform, empowers communities to grow through seamless quests and campaigns. Now, we’re making your Web3 journey even more fun,…

BlockchainAug 6

Chainlink Launches Real-Time Data Streams for U.S. Stocks and ETFs

Chainlink has launched new Data Streams that bring real-time pricing data for U.S. equities and ETFs directly to blockchains. This update allows developers to build new financial tools like tokenized stocks, synthetic ETFs, and perpetual futures using accurate, fast market data. The new service includes real-time prices for major assets such as SPY, QQQ, AAPL, MSFT, and NVDA. These Data Streams are already being used by DeFi protocols like GMX, Kamino, and GMX-Solana. The data is now available on 37 different blockchains. The goal is to support the growing market for tokenized RWAs. With market projections estimating $30 trillion in…

RegulationAug 6