Author: NBTC

Five days after the first sweep, the Coldcard incident has stopped looking like a single event and started looking like a slow harvest. Blockchain analysts tracked a fourth round of drains running through Monday, and the running total of observed losses is now closing on $114 million. What has not happened is the price collapse many traders expected. Bitcoin reclaimed $63,000 in Asian hours on Tuesday and touched just above $64,100 overnight, up roughly 2 percent on the day. That gap between the severity of the security failure and the calm in the order book is the real story right…

A hacker linked to a recent cryptocurrency theft has purchased another 3,386 $ETH worth approximately $7.95 million, according to on-chain analyst EmberCN. The transaction occurred about six hours ago, bringing the hacker’s total accumulation over the past 24 hours to 21,659 $ETH, valued at $46.49 million. On-Chain Data Reveals Accumulation Strategy Blockchain analysis shows the hacker has been actively converting stolen funds into Ethereum, with an average purchase price of $2,146 per $ETH. At current market prices, the position holds unrealized gains of around $4.14 million. This pattern suggests a deliberate strategy to move assets into a more liquid and…

Chainlink community lead Zach Rynes argued that $XRP still lacks tangible adoption within the global financial system, reigniting the long-running debate over the token’s real-world utility. A former SWIFT executive publicly rejected rumors that the financial messaging network plans to integrate $XRP, undermining claims that have circulated across social media for years. Ripple continues expanding partnerships and payment-related initiatives, but the discussion over whether those developments translate into meaningful demand for $XRP remains unresolved. The debate over $XRP’s real-world utility has returned to the spotlight after Chainlink community lead Zach Rynes argued that the token still lacks meaningful adoption across…

Minority Staff Fault the Bill on Five Counts The Minority Staff of the Senate Banking, Housing, and Urban Affairs Committee, led by ranking member U.S. Senator Elizabeth Warren (D-MA), reviewed the July 22 text of the Digital Asset Market Clarity Act. The result was an Aug. 5 analysis identifying five major loopholes in the CLARITY Act. The CLARITY Act, H.R. 3633, is digital asset market structure legislation that draws jurisdictional lines between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). Staff set out five things they believe a crypto framework must do at minimum: protect pensions…

UK Professional Investor Access Eligible UK professional investors will gain futures, perpetuals, and crypto options access, Keith Grose, UK head of crypto exchange Coinbase (Nasdaq: COIN), wrote in a company blog post on Aug. 11. The rollout broadens the exchange’s UK product range and connects digital assets with traditional financial markets through one platform. Grose wrote: “Eligible investors can trade over 170 contracts across crypto, commodities, equities, and FX 24/7 with up to 50x leverage.” The expansion follows Coinbase’s July UK investment services authorization, which authorizes regulated financial instruments alongside the company’s separately regulated crypto products. That regulatory status underpins…

New data shows individual investors still hold the majority of Bitcoin supply, outpacing institutions, corporations, funds, and government wallets. The past few years have been filled with talk about how institutions have swallowed up the Bitcoin supply. Yet data shows that an overwhelming amount is still held by individuals. Surprisingly, new data has shown that individuals still retain the most Bitcoin by market share. They hold significantly more than businesses, funds, and ETFS, and even Satoshi-era wallets. Over the past few years, there has been much speculation about the buy-and-hold tactics of corporations and institutions. Yet it may be individuals…

Maple Finance [$SYRUP] has climbed over the past day, and much of that move traces back to the protocol’s strengthening fundamentals. The altcoin rallied 14% as fresh partnerships and capital rotation flowed into the ecosystem, and that underlying performance could sustain the rally across the next several trading sessions. Capital inflows power $SYRUP’s fundamentals Capital moving into Maple Finance has driven much of the token’s recent performance. Assets under management reached $4.6 billion in the first half of 2026, up 81% year-on-year, while loans outstanding hit an all-time high of $1.9 billion, a 123% jump over the same period. The…

A South Korean lawmaker has proposed postponing the country’s virtual asset income tax for another three years, pushing the effective date to January 1, 2030. Representative Jung Sung-kook of the ruling People Power Party plans to introduce a partial amendment to the Income Tax Act, according to a report from MBN. Why the tax is being delayed again The proposed delay would move the start of taxation on virtual asset income from January 1, 2027, to January 1, 2030. Jung’s office indicated that the additional time is needed to complete a broader review of virtual asset taxation and related systems.…

Binance, one of the world’s largest cryptocurrency exchanges, has announced its support for the planned network upgrade and hard fork on the Ontology ($ONT) network. According to the exchange’s statement, deposit and withdrawal operations on the $ONT network will be temporarily suspended to ensure users can continue their transactions securely. Binance announced that it will suspend token deposits and withdrawals on the Ontology network as of 02:00 AM on August 22, 2026. The network upgrade and hard fork are expected to take place around 03:00 AM on August 22, 2026, at block height 20,800,000. The company stated that the upgrade…

Bitcoin has traded between $60,000 and $67,000 for several weeks, making $63,000 one of the most heavily supplied price areas. The only larger concentration sits between $78,000 and $82,000, where bitcoin topped out in May. Glassnode’s Entity-Adjusted UTXO Realized Price Distribution (URPD) shows how much bitcoin supply last moved within each price band, with each entity’s balance assigned to its average acquisition price. More than 3% of the supply, approximately 515,000 $BTC, is concentrated around $63,000, while more than 2%, or roughly 362,000 $BTC, sits around $61,000. Bitcoin is also trading almost exactly in line with its 200-week moving average,…