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.

Hong Kong to Vet Stablecoin Holders, Operations Over $8,000 to Be Scrutinized

The Hong Kong Monetary Authority (HKMA) has revealed that stablecoin holders will be verified using KYC methods to alleviate financial risks derived from the usage of these assets. The authority explained that three types of institutions will be allowed to exert these verifications. HKMA: Hong Kong to Verify Stablecoin Users Hong Kong is now gearing up to introduce stablecoins into its financial system, taking precautions on the potential illicit uses of these assets. According to local media, the Hong Kong Monetary Authority (HKMA), the region’s central banking institution, will require full verification of stablecoin holders to address money laundering risks.…

RegulationAug 3

Coinbase Listed a New Altcoin Yesterday, But It Caused Major Controversy! Here Are the Details…

Coinbase, the largest cryptocurrency exchange in the United States, continues its altcoin listings at a rapid pace, and lastly, last night, it announced that it would list the altcoin ResearchCoin (RSC) on the Base network. Following this listing news, the price of ResearchHub’s reward token, ResearchCoin (RSC), has surged, increasing by approximately 12% in the last 24 hours. Coinbase's listing of ResearchCoin has sparked controversy, with RSC expressing concerns on social media about a potential conflict of interest with Coinbase CEO Brian Armstrong. ResearchHub is a project founded in 2019 by Coinbase CEO Brian Armstrong and scientist Patrick Joyce, which…

ExchangesAug 3

Bitcoin mining difficulty hits ATH, but is projected to drop in August

The Bitcoin (BTC) mining difficulty hit an all-time high of 127.6 trillion this week, but is projected to drop during the next difficulty adjustment on August 9. Mining difficulty is expected to fall by about 3% to 123.7 trillion in the next adjustment period, and the current average block time is about 10 minutes and 20 seconds, according to CoinWarz. Data from CryptoQuant shows that the mining difficulty fell in June, with a sharp drop-off at the end of month and the first two weeks of July, when difficulty fell to 116.9 trillion. However, the difficulty level resumed its long-term…

MiningAug 3

Athene Network Migrates from Ethereum to Binance Smart Chain

Athene Network, a robust decentralized platform utilizing blockchain and AI technologies, has announced its official migration from the Ethereum network to Binance Smart Chain. As a result of this migration, Athene has now adopted the BEP20 token standard for its native $ATN token. Athene, as the platform mentioned in the social media announcement, deems this development a crucial move to enhance its on-chain operations. However, despite this migration, the users will be allowed to utilize both the BEP20 and ERC20 formats up until 5th of August. $ATN Shifts to $BEP20 Token Standard while Phasing out ERC20 Format The migration of…

BlockchainAug 3

Bitcoin's Sudden Rise Hits Giant Trump Whale Hard! Unlucky Whale Loses Big on Bitcoin, Ethereum, and This Altcoin!

Leading cryptocurrency Bitcoin (BTC) started crypto week in the US on a high. The price of BTC broke a record by surpassing $123,000, while investors who had expected a decline were disappointed. At this point, according to Coinglass data, $622 million worth of short positions were liquidated in the last 24 hours. Traders who expected Bitcoin to drop after last week's ATH and opened short positions suffered huge losses. One of these was the trader named Qwatio, following the big whale James Wynn, who lost his $100 million completely. Qwatio also suffered great losses, though not as much as Wynn.…

BitcoinAug 3

Linea to Burn ETH With Every Transaction in Bold L2 Upgrade

Linea, an Ethereum layer-2 network incubated by Consensys, has unveiled a comprehensive suite of upgrades designed to embed the network deeper into the layer 1’s economic and ideological fabric. Linea’s updated road map, expected to roll out in October 2025, introduces ETH-native staking on bridged assets, a protocol-level ETH burn mechanism, and the allocation of 85% of its token supply to ecosystem development. This move comes as momentum in the Ethereum ecosystem is building, thanks to the growing institutional interest. The Linea team wrote in a press release shared with CoinDesk that their updates will “position Ethereum to meet the…

EthereumAug 3

Appeals court overturns Nate Chastain's conviction in OpenSea insider trading case

A US federal appeals court has overturned the conviction of Nathaniel Chastain, a former OpenSea manager found guilty of wire fraud and money laundering for using insider information to trade non-fungible tokens. In a Thursday decision, the Second Circuit ruled that the jury was improperly instructed and could have convicted Chastain for unethical conduct rather than misappropriating a traditional property interest, a requirement under federal fraud statutes. Chastain was initially charged with insider trading in June 2022, tied to OpenSea NFT collectibles he bought and sold the previous year. In 2023, he was convicted of wire fraud and money laundering,…

RegulationAug 3

Fold Taps Blackhawk to Bring Bitcoin Gift Cards to Over 400K Retailers

Bitcoin financial services company Fold is working with publicly traded prepaid gift-card provider Blackhawk Network to widen distribution of its BTC gift card, the companies announced Thursday. Fold—which began trading publicly on the Nasdaq Composite in February under the ticker FLD—lets customers accrue Bitcoin rewards by using its services. They can also buy BTC through the platform without fees. "By making Bitcoin available as a gift card, we're opening access to the millions of consumers who already buy, send, and use gift cards," Fold Chairman and CEO Will Reeves said. We’ve partnered with Blackhawk Network to massively expand access to…

ExchangesAug 3

CARV Teams Up with Codatta to Advance Autonomous Agents via Human-Verified Intelligence

CARV, a popular modular>AI agents with the integration of human-verified intelligence. As per the official announcement from CARV, the mutual initiative is noteworthy in incorporating verifiable and structured intelligence into cutting-edge AI agents. At the same time, the endeavor ensures the preservation of the data integrity as well as data ownership. CARV × @codatta_io In a world of autonomous agents, truth needs provenance. Through this partnership, Codatta’s human-contributed knowledge becomes structured, on-chain intelligence — made verifiable and modular via CARV’s infrastructure. Here’s what we’re enabling: ▶️Knowledge… pic.twitter.com/TA8AMtXiQ8 — CARV (@carv_official) August 1, 2025 CARV and Codatta Fortify AI Trust by…

BlockchainAug 3

Satoshi’s Cryptic Bitcoin Message in Dream Indicates New Level: NBA Legend Scottie Pippen

Renowned NBA player Scottie Pippen has published a tweet about the mysterious Bitcoin creator, Satoshi Nakamoto. Once again, Pippen claims, Satoshi has visited him during his night dream. Satoshi has given him a cryptic Bitcoin message, Pippen stated. "Another wild Satoshi Nakamoto dream" Pippen has again entertained the crypto community by tweeting that Satoshi had visited him in a “wild dream.” In this one the Bitcoin creator was “an afro, dressed like the Jackson 5.” He delivered a cryptic Bitcoin message to the basketball player – during his brief visit, Satoshi was singing “BTC, easy as 1-2-3.” He assumed that…

BitcoinAug 3