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Author: 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.

Mezo Launches Supernormal Foundation to Support BitcoinFi Growth

Mezo, a Bitcoin finance platform developed by Thesis, has launched the Supernormal Foundation to support the development and governance of its MUSD stablecoin and broader network. The new foundation aims to help grow the Mezo ecosystem by offering support to developers and encouraging decentralized innovation in Bitcoin-based finance. The foundation will offer development teams access to funding, technical tools, and partnership opportunities. As part of its launch, the Supernormal Foundation has introduced the Alpha Builder Program, which provides grants and assistance to projects building on the Mezo network and using MUSD. This program also includes mentoring from industry professionals and…

DeFi

Bitcoin Bull Cathie Wood Issues Statement of Support for Ethereum!

ARK Invest founder Cathie Wood, known for her support of Bitcoin (BTC), expressed her support for the largest altcoin Ethereum (ETH). While Cathie Wood couldn't grasp all the technical details, she noted that the Ethereum Foundation is moving in the right direction with its recent efforts to increase scalability and privacy. Wood's statements come at a time when the cryptocurrency market is experiencing significant growth and increasing institutional adoption. Ethereum Support from Cathie Wodd! Wood highlighted the Ethereum Foundation's efforts to improve scalability and privacy, which he sees as vital for Ethereum to maintain its dominance in the enterprise sector.…

Ethereum

MOEF Mandates Market Value for Validator Rewards Taxation

The landscape of cryptocurrency taxation is constantly evolving, and for businesses operating within the digital asset realm, clarity is paramount. A significant development from the Ministry of Economy and Finance (MOEF) in South Korea is set to reshape how companies approach their tax obligations. This crucial clarification regarding South Korea crypto tax specifically addresses the valuation of virtual assets received as compensation for validator participation, marking a pivotal moment for compliance in the nation’s burgeoning digital economy. Understanding the MOEF’s Stance on Validator Rewards What exactly does this new directive from South Korea’s MOEF mean for companies? Simply put, if…

Markets

Moo Deng Surges As Viral Pygmy Hippo’s Birthday Plans Revealed by Zoo

Solana meme coin Moo Deng surged 32.9% to a market cap of $183 million on Thursday, according to CoinGecko. The jump comes as plans for the viral baby hippo’s birthday next week were revealed by Khao Kheow Open Zoo. The Thailand-based Zoo will be throwing a three-day event next week, including a Moo Deng-themed art exhibition, a photo gallery, and a parade of animal mascots. The Zoo will also gift Moo Deng a giant cake on her birthday, June 10, when she turns one year old. Pygmy hippo Moo Deng captured the hearts of the internet from a zoo in…

Altcoins

Pundit Predicts SEC May Drop Ripple Appeal This Week: Here’s Why

Discussions within the XRP community suggest that the U.S. SEC could announce the withdrawal of its appeal against Ripple. Community figure Abdullah “Abs” Nassif highlighted this speculation in a tweet, which he tagged as a “new market rumor.” According to him, the SEC could drop its appeal as early as tomorrow, July 17, 2025. The source he cited originated from an article that speculated based on an upcoming SEC meeting. Why the SEC Could Announce Withdrawal of Ripple Appeal Amid this upcoming meeting, speculation that the SEC will withdraw its appeal against Ripple has gained momentum. Historically, the agency has…

Regulation

WazirX CEO Nischal Shetty Reveals New Recovery Plan After $230M Hack

WazirX CEO Nischal Shetty returns with a revised recovery plan after court rejection. Singapore court agrees to review the proposal if creditors revote. Fund distribution could resume within weeks if the new plan is approved. WazirX CEO Nischal Shetty has finally broken his silence with a clear plan on the table. In a new post on X, Shetty confirmed that a revised recovery proposal is now being considered by the Singapore High Court, after the original plan was rejected. If approved, this new approach could restart fund distribution within weeks – offering a possible breakthrough for users who’ve been waiting…

Exchanges

Gated Communities Are Actually Great for Crypto—Marc Vanlerberghe

For more than a decade, the crypto industry has championed decentralization, transparency, and self-sovereignty. These principles are noble—and in many ways, essential. But, if we’re honest, they haven’t yet translated into broad, mainstream adoption. The dream of billions of people using blockchain every day is still largely that—a dream. To make it reality, we need to rethink how we build and deliver blockchain-powered experiences. One of the biggest hurdles is usability. The current dominant interface to blockchain —non-custodial wallets—remains too complex for the average person. Managing private keys, writing down 24-word seed phrases, buying native tokens just to perform transactions,…

Blockchain

Spark Partners with Breez to Launch Bitcoin-Native SDK for Lightning Payments

Today, Breez and Spark have announced a new implementation of the Breez SDK, built on Spark’s Bitcoin-native Layer 2 infrastructure. According to a press release sent to Bitcoin Magazine, the update is intended to make it easier for developers to integrate self-custodial Bitcoin Lightning payments into everyday apps and services. Few companies are as good as @Breez_Tech at putting Bitcoin in people’s hands. We’re incredibly humbled to have them building on Spark. Learn more → https://t.co/KRPpWJa3os pic.twitter.com/QiCfHbWu9d — Spark (@buildonspark) May 22, 2025 “This is what the future of Bitcoin looks like — fast, open, and embedded in the apps…

Bitcoin

Kana Labs and Rewardy Wallet Unveil Multi-Chain Swap Experience with Version 1.4.0

Kana Labs, a well-known DeFi platform devoted to improving DeFi accessibility and user-friendliness, has partnered with Rewardy Wallet, a popular Web3 wallet entity. This collaboration takes into account the launch of Rewardy Wallet 1.4.0 version, integrating a robust cross-chain swap aggregator for seamless crypto swaps between Solana ($SOL) and Aptos ($APT) ecosystems. The platform took to social media to share the details of this joint effort. 🚨Partnership Announcement 🚨@RewardyWallet just got a power-up ⚡️Our cross-chain swap aggregator is now live inside the wallet! Swap @Aptos & @solana on the go 🧳 Full scoop 👉https://t.co/QB5ONQ5gE8 pic.twitter.com/G7pdoXu4Lr — Kana Labs (@kanalabs) July…

DeFi

BitMine Immersion Surges 40% After Revealing $500M ETH Treasury

BitMine Immersion Technologies (BMNR), the ether (ETH) strategy firm led by Fundstrat’s Tom Lee, moved quickly to turn dollars into cryptocurrency. The Las Vegas-based company's share rose as much as 40% after it said it now holds 163,142 ETH, worth about $500 million, up from the $250 million it raised in a private placement on July 9. Tom Lee likened the approach to Strategy’s (MSTR) well-known bitcoin play, arguing that that company's large BTC holdings make the company attractive as a “sovereign put.” Lee said Strategy was an attractive bet “if a nation ever wanted to acquire 5% of the…

Ethereum