Author: NBTC

A former employee who says they worked at three crypto exchanges — WebSea, JuCoin, and CoinUP — has alleged that some smaller platforms use their native tokens to attract user funds and then restrict withdrawals. The account, shared via Wu Blockchain, highlights practices that could raise concerns for traders navigating the crypto market. Allegations of Token-Based User Lock-In The former employee claimed that some exchanges employ a mix of strategies — including rising platform token prices, discounted token sales, high-yield products, copy trading, and multi-tier agent structures — to keep user funds tied to their platforms. These tactics, they said,…

$SRX Global reported a 4.3% EMJX gain that the company labels hypothetical, but its first post-acquisition disclosures still leave the central investor question unanswered: whether the strategy performs with company capital. $SRX completed the acquisition on June 16, two weeks before its fiscal third quarter ended. In its Aug. 13 results release, the company described the EMJX result for June 16 through June 30 as “hypothetical” and “system-generated.” It explicitly said the figure did not represent actual trading results or returns earned on capital invested by $SRX. That distinction matters because $SRX had said in June, when it announced the…

The cryptocurrency market experienced a long-awaited rally this week. Bitcoin, the world’s largest cryptocurrency, rose by 22% in the past week. Altcoins also saw remarkable rallies, with Ethereum gaining 30% and XRP increasing by 51%. The market rally was sparked by the US Treasury Department’s decision to buy more bonds from the market to ease increasing pressure for interest rate hikes. However, there are significant token unlocks in numerous altcoins this new week. Here is the weekly token unlock schedule we have specially prepared for you at Bitcoinsistemi.com. (All times are given in UTC+3 Turkish time) Plasma (XPL) Market Value:…

A wallet believed to be associated with Bitkub co-founder Sakolkorn Sakavee has transferred 34,000 Zcash ($ZEC), valued at approximately $26.1 million, to the Hyperliquid exchange over the past 24 hours. According to blockchain analytics firm Lookonchain, the address subsequently sold 24,000 $ZEC—worth about $18.5 million—and acquired 238 Bitcoin ($BTC) with the proceeds. Transaction Details and Current Holdings Lookonchain’s monitoring indicates that the wallet still holds roughly 10,000 $ZEC, valued at approximately $7.6 million, on Hyperliquid. Additionally, a sell order for the remaining $ZEC has been placed at around $780 per coin. The movement of such a significant amount of $ZEC…

Bitcoin continues to trade sideways near $64,000 amid ongoing uncertainty surrounding US monetary policy and geopolitical risks in the Middle East. While BTC struggles to find direction, one analyst predicts that the next uptrend in Bitcoin could come after the US midterm elections. Joao Wedson, founder and CEO of cryptocurrency analytics company Alphractal, has once again raised the issue of the link between Bitcoin price movements and the US election calendar in his latest analysis. Wedson argues that, looking at past market cycles, Bitcoin has exhibited similar price behavior, particularly before and after US midterm and presidential elections. According to…

An experimental AI stock portfolio managed by Grok has outperformed the S&P 500, turning a $100,000 starting investment into $148,485 in less than nine months. In this line, data from the Rallies Arena competition show that the portfolio has generated a total return of 48.48% since late November 2025. Over the same period, an equivalent investment tracking the S&P 500 would have grown to about $114,101, representing a return of 14.10%. The result means Grok beat the benchmark index by 34.38 percentage points. The performance shows the portfolio tracking closely with the S&P 500 during the first few months of…

Ripple Prime closed an upsized $275 million private placement of senior unsecured notes, giving the non-bank prime broker a new pool of capital for its U.S. expansion. KBRA’s investment-grade assessment makes the parent-support mechanism the central credit issue. KBRA’s BBB assessment depends partly on the agency’s expectation that ultimate parent Ripple would support the brokerage if money could not move freely from the regulated operating company. That makes the notes a test of how far Ripple’s institutional-finance buildout has separated from the $XRP-sensitive balance sheet that helped fund it. Ripple said the offering closed on Aug. 18 and that proceeds…

Zand, a digital bank in the United Arab Emirates, has announced support for USD Coin ($USDC) payments, marking a significant step in its strategy to build stablecoin-based financial services. The bank also revealed plans to introduce AEDZ, a stablecoin pegged to the UAE dirham, aiming to streamline global payments for businesses and individuals in the region. The move aligns with the UAE’s broader push to position itself as a global hub for digital finance, particularly in the realm of regulated stablecoins. Zand, which holds a license from the Central Bank of the UAE, is among the first digital banks in…

Despite recent price fluctuations in the leading cryptocurrency Bitcoin, on-chain data indicates that the market has not yet reached a classic capitulation phase. Julio Moreno, head of research at CryptoQuant, stated in his assessment that there is no strong capitulation sell signal yet in Bitcoin and that it has not entered a full capitulation phase. According to Moreno, this indicates that $BTC and the market are either in a slight correction or may face further declines. The analyst also said that $BTC holders have only recently started recording their year-over-year losses, currently totaling around 136,000 $BTC. Referring to previous cycles,…

Strategy Chairman Michael Saylor published an annual performance report on digital credit instruments under the Strategy brand on his social media accounts, showing investors a striking divergence between the performance of the company’s structured products and the price action of the leading cryptocurrency. According to the infographic, while “raw” Bitcoin plunged 47% over the past 12 months, the ecosystem’s defensive debt securities successfully absorbed the blow, while the flagship STRC instrument even posted a net gain of 9%. 1-year performance chart of Digital Credit products issued by Strategy, Source: Chairman Michael Saylor via X.com With his publication, Saylor clearly wants…