Author: NBTC

Dunamu has become the first South Korean crypto exchange operator approved to use the government’s shared administrative information system, giving Upbit a new way to verify customer information during KYC checks. Yonhap News Agency reported on Aug. 26 that South Korea’s Ministry of the Interior and Safety designated Dunamu as an eligible institution this month after conducting an on-site inspection in May and reviewing whether the company met the required conditions. The designation allows the Upbit operator to use administrative information held by government agencies when carrying out customer verification, reducing the amount of supporting documentation users may need to…

Rectitude Holdings’ $32.625 million financing intended mainly to fund Bitcoin purchases ended without producing shares or cash, according to the Singapore safety equipment supplier’s annual report filed July 30. The agreement was terminated on Oct. 9, 2025. That was 31 days after Rectitude publicly announced the plan, but 45 days after the company signed it on Aug. 25. Oct. 9 was also the facility’s preset outside date under the original Form 6-K. The facility gave Rectitude the option to sell shares to Constantinople Limited and Chen Zhiqiang at a 2.5% discount to a three-day pricing benchmark. Rectitude said most proceeds…

And then take a “look at whose names are on the checks, and the story sharpens,” Heaver suggested. BlackRock, Apollo, HSBC, BNP Paribas, Citadel, Goldman Sachs, and Nasdaq all invested in regulated crypto companies, she noted. Mastercard paid $1.8 billion to acquire the stablecoin payments company BVNK outright. Abu Dhabi’s sovereign wealth fund, ADIA, backed a $355 million institutional blockchain round in Canton Network alongside a16z, Apollo, and HSBC, she said. Rob Hadick, general partner at Dragonfly, itself an investor in Rain, which raised $250 million in the period, put it in terms of direction rather than regulation. “If you…

Arthur Hayes, the cofounder of the crypto exchange BitMEX, clarified to his audience on Saturday that Flop Labs has issued no token, run no pre-sale, and put out no memecoin. He warns that anything trading under the FLOP name today is not the genuine token. Is the $FLOP token trading yet? Arthur Hayes, the cofounder of the crypto exchange platform BitMEX, clarified through posts on his X account that Flop Labs has yet to issue a memecoin or any other token. He added he will announce the airdrop himself once it begins “in a few months” and flag the mainnet…

Binance added its tokenized Trump Media & Technology Group security, DJTB, as an eligible margin collateral asset on Aug. 26, expanding its bStocks product into leveraged accounts. The feature became available at 12:00 UTC for qualifying VIP 3 users and above in approved jurisdictions. DJTB can be deposited as collateral through cross margin, Unified Account Mode and Unified Account Pro. Binance also opened margin trading for the related bStocks pair. However, users cannot borrow DJTB itself. The token currently functions only as collateral supporting other eligible margin positions. 币安宣布将于 2026 年 8 月 26 日 20:00（UTC+8）新增 bStocks 代币化证券 Trump Media…

OCEAN Mining has completed a buyout of co-founder and 16-year veteran Bitcoin Core developer Luke Dashjr, ending his ownership and three leadership roles at the Bitcoin mining pool. Dashjr resigned as chairman, chief technology officer and director, while OCEAN repurchased all of his equity, according to an Aug. 29 joint statement. Holding those board, technical and executive positions had placed him at the center of both OCEAN’s governance and its mining-policy decisions. The private company did not disclose the repurchase price, its remaining ownership structure or successor appointments. OCEAN said it will continue operating its transparent, non-custodial pool, while Dashjr…

U.S. spot Bitcoin ETFs attracted $233.1 million in net inflows on July 30, recording their strongest daily result in more than three weeks. BlackRock’s iShares Bitcoin Trust led the session with $183.4 million, according to Farside Investors’ daily flow table. The inflow returned the funds to positive territory for both the week and July. However, the session represents renewed buying rather than proof of a lasting reversal. The SoSoValue Bitcoin ETF dashboard reported total net assets of about $78.76 billion after the July 30 session. Spot Bitcoin ETFs Record $233 Million in Net Inflows on July 30On July 30 (ET),…

Banking giant UBS, with over $7 trillion in assets under management, has reported a more than 24-fold quarterly increase in call option exposure tied to BlackRock’s iShares Bitcoin Trust (IBIT) in the second quarter. That increase, which gives it the right to acquire IBIT shares at a later date at a set price, came as its outright IBIT holdings rose about 12%, according to a regulatory filing this week. The Swiss banking group reported calls representing 1.95 million underlying IBIT shares as of June 30, up from 80,000 three months earlier. UBS separately held 407,890 IBIT shares worth about $13.6…

As the bullish trend in the cryptocurrency market strengthens, the transactions carried out by large whales have also begun to attract attention. On-chain data shows that hundreds of millions of dollars worth of positions have been opened and closed in Bitcoin ($BTC), Ethereum ($ETH), and Hyperliquid ($HYPE). A whale, reportedly linked to Matrixport, closed a long position of 40,000 $ETH worth approximately $100.5 million, making a profit of $9.9 million. The investor reportedly still holds long positions of 80,000 $ETH worth approximately $201 million and 500 $BTC worth $39 million. The unrealized profit on these open positions is approximately $22.9…

South Korean cryptocurrency exchange Upbit announced on Aug. 26 that it will add PolySwarm’s NCT token to its Korean won market. NCT/KRW trading is scheduled to begin at 9:00 p.m. Korea Standard Time. The listing gives NCT a direct fiat trading route on South Korea’s largest crypto exchange by reported domestic volume. NCT already trades against Bitcoin on Upbit, with the exchange using that market’s previous closing price to set its initial KRW trading controls. Upbit will open NCT/KRW with temporary restrictions Upbit’s official notice listed NCT’s previous $BTC market close at 0.00000006 $BTC, equivalent to approximately 6.55 won. This…