Author: NBTC

South Korea’s Financial Supervisory Service (FSS) has initiated a review of Bithumb, one of the country’s largest cryptocurrency exchanges, following reports of prolonged altcoin withdrawal delays that have frustrated users and raised questions about the platform’s operational reliability. According to a report by Digital Times, an altcoin withdrawal request made by a user on Aug. 10 was not processed until approximately 3:25 p.m. the following day—a delay of more than 13 hours. The user contacted Bithumb’s customer service after waiting four hours without any update. The exchange’s response, provided in English, cited a ‘current balance shortage’ and indicated that withdrawals…

Rain, a stablecoin card provider, has acquired Ansa, a startup specializing in digital prepaid wallet infrastructure. The deal marks a strategic move to broaden the usability of branded wallet balances, allowing customers to spend preloaded funds at any merchant that accepts Visa or Mastercard. What the acquisition means for Rain and Ansa Ansa offers B2B software that enables companies to operate their own branded digital prepaid wallets. Previously, balances in these wallets could only be used within the issuing company’s ecosystem. By integrating with Rain’s stablecoin card platform, those balances will now be spendable at external merchants through the major…

Joint currency interventions in the yen by Japan and the US could ultimately benefit Bitcoin ($BTC) and risk assets. Key points: The first joint intervention in the yen between Japan and the US since the late 1990s could set a precedent for future moves. A liquidity crisis tied to the yen carry trade poses questions for Bitcoin and risk assets as the two countries attempt a juggling act to stabilize the currency without impairing US Treasury markets. Japanese two-year bond yields rose above 1.57% on Monday. Bessent signals new era of US yen involvement Washington’s growing coordination with the Bank…

Fundstrat’s Tom Lee highlighted the asset manager’s inflows as a sign of resilient demand amid falling crypto prices. Bitwise has pulled in $1.8 billion in investor capital during a period marked by declining cryptocurrency prices, according to figures highlighted this week. The inflow was noticed and shared publicly by Tom Lee, the Fundstrat co-founder known for his long-running bullish stance on digital assets. Bitwise is one of a handful of asset managers that built its business around packaging crypto exposure into regulated investment products. The firm has positioned itself as a bridge between traditional finance and digital assets, competing with…

THORChain’s development roadmap just got restructured around a single, unavoidable milestone: the THORChain v3.20 update. A consensus issue discovered during vault rotation has forced the network to pause all churning — and until v3.20 ships, that pause stays in place. What began as a modest point release has grown into a major deployment carrying security patches, the long-awaited Monero integration, and a new router V6. This is the most consequential release on THORChain’s near-term calendar. Key takeaways THORChain’s vault rotation (churn) is paused until v3.20 ships, due to a consensus bug triggered during churning. The planned v3.19.4 patch has been…

Prominent angel investor and early Uber backer Jason Calacanis has once again taken aim at Bitcoin, saying he would rather invest in projects building real products. Calacanis wrote that if $BTC were owned by his brother, he would recommend selling half of it and reallocating the proceeds into “productive projects” such as Solana and Bittensor ($TAO). “The $BTC power bottom is in!” Calacanis joked before adding that Solana and $TAO are “actually delivering new products — not just projects and promises,” he said. No Solana investment For years, Calacanis had insisted that he had never owned Solana and questioned the…

Japan-listed energy and cryptocurrency investment firm Remixpoint Inc. announced that all of its cryptocurrency holdings have moved into unrealized gains as of 9:00 a.m. UTC on Aug. 24. The company reported total unrealized gains of 2.631 billion yen ($15.4 million), a sharp reversal from the 1.945 billion yen in unrealized losses recorded at the end of June. Portfolio Breakdown and Holdings Remixpoint’s crypto portfolio consists of five major digital assets. As of the latest reporting date, the company held: 1,503 $BTC (Bitcoin) 901 $ETH (Ethereum) 13,920 $SOL (Solana) 1,191,204 $XRP (Ripple) 2,802,311 $DOGE (Dogecoin) The company did not disclose the…

Coinbase has announced new capabilities for its Coinbase Business payment service, introducing support for AI agent payments and $USDT (Tether) transactions. The move allows companies to accept payments from autonomous AI agents and from customers using the popular stablecoin, with settlements automatically converted to $USDC. AI Agents Can Now Make Payments The integration leverages the open standard x402, which enables AI agents to initiate and complete payments through existing checkout systems. When an AI agent pays, funds are settled instantly in $USDC, Coinbase’s native stablecoin. This development marks a significant step in the practical use of AI in financial transactions,…

Bitcoin’s short-term outlook depends on whether it can reclaim the key $64,000 resistance level while large liquidity clusters continue to build on both sides of the market. A confirmed breakout could expose targets between $65,000 and $67,200, while another rejection may send $BTC toward the heavier liquidity zone between $61,500 and $62,400 first. Bitcoin Faces a Crucial $64,000 Resistance Test Bitcoin has returned to the $64,000 area, but the chart does not yet confirm a clean breakout. The next 12-hour close could determine whether $BTC is reclaiming resistance or merely retesting it before another pullback. Bitcoin 12-Hour Chart. Source: EliZ…

US-based spot Ethereum ETFs experienced strong investor demand on August 19th. According to the latest data, a total net capital inflow of approximately $517.2 million was recorded in spot Ethereum ETFs. This marks the highest single-day net inflow into Ethereum ETFs in the last nine months. BlackRock’s Ethereum ETF, ETHA, stood out in terms of capital inflow. The fund recorded a net inflow of approximately $122.12 million. Fidelity’s FETH product came in second with an inflow of $36.54 million. BlackRock’s staking-enabled ETHB fund received $9.71 million in capital injections, while Morgan Stanley’s MSSE product received $2.25 million. Franklin Templeton’s EZET…