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.

Citadel Securities Warns SEC Against Rushed Tokenized Securities Rollout

Citadel Securities is pressing U.S. regulators to slow down on new rules that would enable widespread trading of tokenized securities, citing concerns about market disruption and investor confusion. In a letter to the U.S. Securities and Exchange Commission’s Crypto Task Force, the market-making firm argued that allowing these blockchain-based products to advance without a clear regulatory framework could create unfair advantages for cryptocurrency platforms and drain liquidity from traditional equity markets, reported Bloomberg. Tokenizing securities brings traditional assets onto the blockchain, and this year tokenized stocks have been taking off, with offerings from Backed Finance, Gemini, and Robinhood, among others.…

RegulationJul 25

CoinDCX CEO Counters $44.2M Hack Fears Revealing $136 Million in Annual Revenue

In a detailed statement on X, Sumit Gupta, CEO of CoinDCX, addressed how the exchange remains financially strong despite a recent, major security breach. Gupta shared internal data showing that the DCX Group (CoinDCX in India, BitOasis in UAE and Bahrain, and Okto Web3, which is a Web3 wallet developed by CoinDCX) had an annual revenue of ₹1,179 Cr (~$136 million), annual transaction volume of ₹13.7 Lakh Cr (~$158 billion), and assets under custody over ₹10,000 Cr (~$1.15 billion). The group is backed by heavy-hitters like Bain Capital, Polychain, Jump Capital, Pantera, and others, having raised ₹2,144 Cr (~$248 million)…

ExchangesJul 25

‘Every family here is sick,‘ say neighbors of Bitcoin mining facility in Texas

Many residents of a Texas town southwest of Dallas, facing health problems allegedly associated with constant noise, don’t seem to have anything good to say about a crypto mining facility run by MARA Holdings. In a video released Thursday by the nonprofit advocacy organization More Perfect Union, reporter Dan Lieberman spoke to residents of Granbury, Texas, some of whom lived less than a mile from MARA’s 300-megawatt Bitcoin (BTC) mining facility. Many long-term residents and retirees described life as “hell” under the near-constant noise of the mining operation, which lies in an unincorporated area of Hood County. “It never goes…

MiningJul 25

Could Satoshi Nakamoto Become the Richest Person on Earth by the End of 2025?

Bitcoin (BTC) price is in the six-figure territory, with institutional capital flooding the market. With this, analysts now contend with the question: Could Satoshi Nakamoto, the elusive creator of Bitcoin, become the wealthiest individual on the planet before the year ends? With roughly 1.1 million BTC attributed to Satoshi, his holdings are now worth over $130 billion at current market prices. $320,000 BTC or Bust: What Would It Take for Satoshi to Eclipse Elon Musk in 2025? With the right conditions, Satoshi could become the richest person on Earth before the year ends. It would mean eclipsing Elon Musk’s estimated…

BitcoinJul 25

Unexpected Endorsement from Bitcoin (BTC) Enemy Peter Schiff! "Sell This Altcoin, Buy Bitcoin!"

An unexpected statement came from gold advocate Peter Schiff, who has made his name as the biggest Bitcoin enemy. Peter Schiff, who made a surprising statement on the rise of the largest altcoin Ethereum, suggested selling Ethereum (ETH) and buying Bitcoin (BTC). Claiming that Ethereum has entered a bear market compared to Bitcoin at this point, Schiff argued that Ethereum is nearing the top of its trading range and that it might be better to sell it now and use the money obtained to buy Bitcoin. While Schiff is not a fan of either cryptocurrency, he notes that he currently…

EthereumJul 25

Fidelity’s MetaPlanet Stake, Chang’s Legal Victory, and More

Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Institutional crypto adoption accelerates as Fidelity backs MetaPlanet’s Bitcoin strategy, Henry Chang wins WEMIX legal vindication, and SharpLink amasses the world’s largest corporate Ethereum treasury position. Fidelity Subsidiary Becomes MetaPlanet’s Top Shareholder National Financial Services, Fidelity Investments’ wholly-owned subsidiary, has emerged as MetaPlanet Corporation’s largest shareholder with a 12.9% stake worth ¥130 billion as of June 30th. This strategic positioning by Fidelity’s securities division signals expanding institutional appetite for Bitcoin-adjacent equity exposure. Known…

MarketsJul 25

The Trump administration's crypto report is due today, but it may not arrive

The crypto industry awaits the White House Digital Asset report after Donald Trump sparked some policy blitz with the “Crypto Week.” Reports suggest that the report, which is officially due to be released on Tuesday, might be released to the public before the end of the month. The House of Representatives passed three major crypto bills, with one, the GENIUS Act, now headed directly to President Trump’s desk. The other two are bound for Senate review. This has left the digital assets market hanging in the middle of the bull run. US eyes Bitcoin reserve The US legislation wave positions…

RegulationJul 25

CZ set to issue memecoin tracking sponsors of negative media coverage against Binance

Binance founder Changpeng Zhao (CZ) has floated the idea of issuing a memecoin to track down the alleged sponsors of recent negative media coverage targeting the crypto exchange. In a post on X, CZ referenced a similar use of memecoins to get information about Malaysian fugitive Jho Low. According to Zhao, using memecoin to incentivize informants could also help uncover the alleged sponsors of the fear, uncertainty, and doubts (FUD) spread about Zhao and Binance. He asked: “Should we do the same to uncover who is behind (sponsoring) all the recent FUD from Bloomberg, WSJ, and NYT?”. However, the post…

ExchangesJul 25

Quantum computing threatens to break Bitcoin’s elliptic curve cryptography

A July 15 report by global consulting firm Capgemini warns that public-key cryptographic systems, including RSA and elliptic curve cryptography (ECC), may be rendered obsolete by quantum machines in the near future. These are the algorithms that Bitcoin and other blockchains use to secure wallet addresses and authenticate transactions. Capgemini’s analysis does not specifically mention Bitcoin, but it talks about how ECC, the technology behind the blockchain’s private key, is vulnerable to quantum computing. ECC, like RSA, is susceptible to Shor’s algorithm because it is capable of solving the discrete logarithm problem, the mathematical principle that hides visibility of blockchain…

BitcoinJul 25

Ethereum's Fusaka hard fork set for November completion, Glamsterdam upgrade near 100%

Ethereum’s upcoming Fusaka hard fork, scheduled for November, is expected to make the network much more scalable and secure. Several upgrades are underway by core developers, including the integration of 11 Ethereum Improvement Proposals (EIPs). The EIP-7825 is one of several major features of the Fusaka upgrade, aimed at making the network resistant to malicious attacks. In addition, developers have proposed raising the gas limit to 150M to enhance the network throughput and support more complex operations. However, some other proposals, such as EIP-7907, which would expand the size of contract code, have been eliminated to speed up tests. The…

EthereumJul 25