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.

AI digital payments power ‘crypto’ surge; market to reach $367B

A joint poll compiled by Reown and public opinion analytics firm YouGov has highlighted a spike in global digital currency adoption rates, highlighting key drivers behind the surge. The survey quizzed 1,000 respondents in the U.K. and U.S. on their digital asset preferences to glean key insights. According to the survey, 34% of respondents confirm interactions with digital assets, with most participants revealing plans to adopt the asset class. Over 50% of respondents rely on digital assets for trading and investment purposes, with Bitcoin and leading altcoins forming part of their investment portfolios. 27% of surveyed respondents confirm digital asset…

ExchangesAug 3

CDARI and DeepBook AI Redefine Digital Shopping with ‘Shop & Earn’ Model

DeepBook AI, a cutting-edge crypto browser, has announced its new partnership with CDARI, a BNB Chain-based on-chain marketplace. The collaboration focuses on merging the broader Web3 utility and a seamless consumer experience to redefine the commerce ecosystem. As the platform revealed in its official social media announcement, the development focuses on revolutionizing user interaction with dApps, crypto-native reward mechanisms, and digital commerce. Hence, the mutual effort delivers an inclusive platform via a crypto-native browser. CDARI Unlocks $BAC Rewards in Web3 Commerce With this partnership, DeepBook AI brings forth $BAC, the native token of CDARI. As a cutting-edge digital asset, $BAC…

BlockchainAug 3

Former Binance CEO CZ Shares BTC and BNB After Bitcoin's Consecutive Record Breaks! "Remember 2017!"

Bitcoin (BTC) started the new week with new records, exceeding $120,000 for the first time in its history. At this point, BTC broke new records, first reaching $121,500 and then exceeding $122,000. While Bitcoin's consecutive record-breaking performance was met with great enthusiasm in the market, former Binance CEO Changpeng Zhao (CZ) also shared a post following the records. CZ said that BTC's new high may seem small in hindsight. CZ, in his post from his X account, said that there is no need to be overly excited about Bitcoin reaching a new record high, because the current price may be…

BitcoinAug 3

Ether tops $3,800 after consolidating below $3,780; check forecast

Key takeaways ETH dropped below the $3,750 mark on Monday as the broader crypto market undergoes a correction. It is now trading above $3,800 despite the net outflows. Ether bounces back above $3,800 Ether, the second-largest cryptocurrency by market cap, lost 3% of its value on Monday and temporarily dropped below $3,750. However, it has recovered nicely and now trades above $3,800 per coin. The bearish performance comes amid net outflows for the cryptocurrency. According to data from July 29, Ethereum recorded a net outflow of $52.36 million from spot exchanges. The outflow highlights the growing Ether withdrawals this month…

EthereumAug 3

The cost of geopolitical and economic disruptions hits $320 billion for global firms

Global companies have been hit with a brutal $320 billion in lost profit since 2017, and it has nothing to do with bad management. This is the cost of doing business in a world where economic shocks and political instability keep crashing into each other. According to research by EY-Parthenon, nearly 3,500 publicly listed companies with yearly revenues above $1 billion lost earnings during years of intense volatility. From massive inflation to wars and market meltdowns, the fallout has reached every corner of the global economy. Mats Persson, the UK lead for macro and geostrategy at EY-Parthenon, said the days…

MarketsAug 3

Paul Atkins Pushes for Pro-Crypto Regulatory Framework

SEC Chairman Paul S. Atkins is pushing for clear digital asset regulations. In a new statement, he welcomed the President’s Working Group (PWG) recommendations. These reflect months of inter-agency cooperation focused on crypto policy. Atkins believes regulation can fuel innovation, not stifle it. He says the U.S. must lead the world in digital asset development, both to protect investors and to maintain global leadership. A New Crypto Playbook The PWG report outlines a roadmap for crypto oversight. It encourages collaboration between federal agencies like the SEC and CFTC. Atkins confirmed the SEC will continue crafting new rules under existing laws.…

RegulationAug 3

FTX and Alameda Research stake 20,736 Ethereum ahead of creditor payout

Key Takeaways FTX and Alameda Research staked 20,736 ETH valued at $79 million after recent Bybit withdrawals. The entities unstaked over 3 million Solana tokens valued at approximately $431 million in March. Wallets linked to FTX and Alameda Research staked 20,736 Ethereum valued at approximately $79 million on Wednesday, according to data tracked by Lookonchain. The move follows ETH withdrawals by defunct crypto trading firms earlier this year. Between December 17, 2024, and January 9, 2025, FTX and Alameda withdrew about 21,650 ETH from Bybit. FTX/Alameda staked 20,736 $ETH($79M) an hour ago. Between Dec 17, 2024, and Jan 9, 2025,…

ExchangesAug 3

Lotte Group’s Daehong Communications to Develop Blockchain-Based 'Money Movement' Ecosystem with Aptos

Daehong Communications, a subsidiary of South Korea’s Lotte Group, has announced plans to build a blockchain-powered "Money Movement" ecosystem using Aptos, a high-performance Layer 1 blockchain. The project follows a partnership formed last year between Daehong Communications and Aptos Foundation. The "Money Movement" system is designed to track and verify digital assets — such as mobile vouchers, loyalty points, mileage, and stablecoins — as they are created, transferred, and used in real-world transactions. All transaction data will be recorded on the blockchain, ensuring transparency in ownership and management. As part of the initiative, Daehong has integrated Aptos’ blockchain technology with…

BlockchainAug 3

Bitcoin Hits $123,000, Overtakes Gold as 2025’s Top Asset

Bitcoin has surged to new all-time highs above $123,000 and just logged its highest-ever weekly close at $119,500, following another record weekly close the week before. Year to date, BTC is now up around 30%, pulling ahead of gold which has gained approximately 27% during the same period. According to analysis by Charlie Bilello, chief market strategist at Creative Planning, bitcoin and gold are the top two performing assets so far in 2025. Bilello notes, “We’ve never seen these two in the number one and number two spots for any calendar year.” However, there is a downside to having two…

BitcoinAug 3

Lido Founder Konstantin Lomashuk borrows 85M USDT from Aave for ETH acquisition

Lido’s Founder, Konstantin Lomashuk, was loaned about 85M USDT by lending protocol Aave, which he used to buy ETH. Arkham’s data showed that Lomashuk first sent 80M USDT to the Amber Group, which deposited all the funds into an exchange. Lookonchain reports revealed that the Lido Founder later withdrew approximately 15.81K ETH, worth about $59.75M, from the exchange. According to Arkham’s live data, his portfolio currently holds about 69.619K AETHWSETH worth over $318M. It also has about $5M worth of ETH left and slightly over 2K DAI valued at $2.08K. The Arkham data also showed that Lomashuk’s overall portfolio had…

EthereumAug 3