Author: NBTC

Paraguayan Grid Could Face Crisis By 2029 Due To Bitcoin Mining Operations The state of bitcoin mining in Paraguay and its effect on the Paraguayan energy grid worries analysts, who fear that the rise of these activities can put the country’s energy independence in jeopardy. During the “Accelerating Bitcoin” conference earlier this month, experts discussed the future of bitcoin mining and how, if bitcoin mining keeps growing, a crisis could develop by 2029. Victorio Oxilia, an energy researcher, stressed that bitcoin mining activities consume the generation of a turbine and a half of the Itaipu dam, one of the largest…

The United Nations Development Programme (UNDP) and the DFINITY Foundation have announced a partnership to explore sovereign cloud infrastructure and decentralized artificial intelligence for public-sector projects. The work will focus on digital transformation across governments, civil society organizations and UNDP initiatives. UNDP is a UN agency focused on sustainable development and public-sector support, while DFINITY Foundation develops decentralized cloud and blockchain infrastructure. The partnership will include three main areas. Through the SDG Blockchain Accelerator, UNDP Country Offices will test sovereign cloud infrastructure, AI software development and decentralized AI applications for development projects. The Future of Work Academy will help civil…

An investor who owns Bitcoin through a brokerage account can finish work on Friday, check the closing price of a spot ETF, and assume the position is done moving for the week. Bitcoin, however, has other plans. Between Friday’s close and Monday’s opening bell, Donald Trump can announce a tariff, a war can escalate, oil can jump, a bank can fail, or a government can change the outlook for inflation and interest rates. Bitcoin processes each development across global exchanges while US-listed ETF shares remain outside their normal session. So when Wall Street finally reopens, the fund doesn’t resume where…

OpenAI’s second-quarter revenue rose 18% from the previous quarter to $6.7 billion, but its operating loss, including stock-based compensation, widened from $9.3 billion to $12.3 billion, the Wall Street Journal (WSJ) reported on Tuesday. Meanwhile, rival Anthropic more than doubled its revenue to $11.6 billion, reported a small adjusted operating profit and overtaking OpenAI for the first time. OpenAI’s relative slowdown was attributed to weaker ChatGPT growth in the WSJ’s report, price cuts, cautious corporate spending and competition from cheaper Chinese AI models. OpenAI has responded by reshuffling senior leadership, expanding co-founder Greg Brockman’s operational role and unveiling a product…

Aptos and Sui both run on the Move programming language, but they process transactions in very different ways. Aptos uses an account-based model with a parallel execution engine called Block-STM, similar to how Ethereum tracks balances. Sui uses an object-centric model, where every asset is a unique object with its own owner, which lets independent transactions run side by side without waiting on each other. Both chains trace back to the same source: engineers who worked on Meta’s Diem project before it shut down in 2022. Why Do Aptos and Sui Share the Same Roots? When Diem folded, its engineering…

Ripple CEO Brad Garlinghouse was seen at today’s White House crypto summit. The Ripple boss appeared alongside administration officials, top financial regulators, and other major industry leaders. Garlinghouse did not deliver a speech, and the administration’s mention of Ripple was brief. Hence, XRP did not experience an immediate breakout. Keeping innovation on American soil The White House has made it clear that it wants domestic crypto businesses to operate with confidence. Commodity Futures Trading Commission (CFTC) Chair Michael Selig echoed the administration’s pro-innovation stance. “The era of political lawfare, debanking, and regulation by enforcement is over,” Selig said. “Innovators like…

Galaxy has partnered with industrial safety provider Total Safety to establish 24-hour fire, rescue and emergency medical coverage at its Helios Data Center Campus in Dickens County, Texas. The agreement places paramedics, emergency medical technicians and rescue personnel at the campus as Galaxy expands Helios from a former Bitcoin mining facility into an artificial intelligence and high-performance computing center. Galaxy said the dedicated service is intended to reduce pressure on Dickens County’s volunteer emergency responders. However, the company has not disclosed the contract’s financial terms, staffing level or date when the full service becomes operational. Galaxy adds dedicated responders at…

Digital asset infrastructure provider Taurus has integrated its tokenization and custody platforms with Swift’s blockchain-based ledger. Taurus said Wednesday in an announcement shared with Cointelegraph that its clients can connect their existing digital asset infrastructure to the ledger for payments using bank-issued tokenized deposits. The first client integrations are expected to go live within days, with the first distributed ledger technology transactions facilitated through its platforms expected within weeks. Swift announced in July that the ledger was ready for initial use, with 17 banks across six continents preparing to pilot live transactions using tokenized deposits. Standard Chartered and HSBC have…

Bitcoin’s price is on the move today, prompted by the latest developments on the US-Iran war front, but this time in the opposite direction. After it slipped to another multi-week low yesterday evening, the cryptocurrency has rebounded by approximately $1,500 and now sits at around $63,500. The reason for this is the major de-escalation announced by the POTUS hours ago. US President Trump announced on his social media platform, Truth Social, that although his country’s military remains “locked and loaded” to continue attacking Iran, they were asked by the Middle Eastern country and other nations in the region to pause…

Strategy, the largest corporate holder of Bitcoin, reported that 12 of its top 15 institutional shareholders expanded their positions in the company’s stock during the second quarter of 2025. Combined, these institutions added approximately $1.2 billion in MSTR holdings, signaling sustained confidence from major financial players despite broader market fluctuations. Key Institutional Moves in Q2 Goldman Sachs recorded the largest increase among the institutional holders, boosting its MSTR position by $407 million. Capital International Investors followed with a $346 million increase, while BlackRock’s Ireland unit added $98 million. These moves reflect a broader trend of institutional accumulation in companies with…