Author: NBTC

Dubai-based cryptocurrency exchange Shelbit has been implicated in helping evade sanctions on Iran through its ties to a vast illegal gambling network, according to a Reuters investigation cited by CoinDesk. The exchange, founded by an Iranian-born entrepreneur, reportedly served as a core financial conduit for the network, which spans over 2,000 platforms. On-Chain Evidence and Exchange Response On-chain analysis revealed that Shelbit transferred hundreds of millions of dollars to major exchanges, including Binance. Binance, however, stated that Shelbit does not hold an account on its platform. The exchange said it had frozen any related accounts and reported them to law…

The BIP-110 chain split from Bitcoin after mandatory signaling began at block 961632 on Aug. 8. Nodes enforcing BIP-110 began rejecting blocks that did not signal support for the proposal, while the dominant Bitcoin chain continued operating under its existing consensus rules. Roughnecks, using Ocean’s DATUM system, mined BIP-110 blocks 961632 and 961633, but the minority chain then stalled as Bitcoin continued producing blocks normally. Bitcoin’s Difficulty Leaves the Minority Chain Stranded The problem facing the BIP-110 chain is straightforward: it inherited Bitcoin’s roughly 127.48 trillion mining difficulty while attracting only a tiny fraction of Bitcoin’s SHA-256d hashpower. Essentially, Bitcoin’s…

Bit Digital funded the majority-owned AI infrastructure company WhiteFiber without selling Ethereum or issuing new shares, but the route added a new dependency to its crypto treasury. Galaxy Digital lent Bit Digital $50 million in a borrowing associated with 49,000 pledged LsETH, and Bit Digital separately became a lender to WhiteFiber. The company said in its second-quarter results that it converted 73,235 $ETH into 66,192 LsETH, the liquid-staking token it received in the exchange. It reported the pledged 49,000 LsETH as a $105.6 million digital-asset collateral receivable and retained 17,192 LsETH, worth $27.6 million, as a buffer against margin requirements.…

Total stablecoin supply topped out near $322.121 billion in mid-May 2026, according to stablecoin market data from defillama.com, before giving back more than $14 billion in less than three months. June delivered the heaviest blow, wiping out approximately $11.41 billion in a single month, the steepest monthly contraction since TerraUSD imploded in May 2022. By August 2, 2026, total stablecoin supply had fallen to roughly $307.561 billion. Tether Sheds Billions as Circle Follows Close Behind Tether’s $USDT, the largest stablecoin, fell from roughly $189 billion in early May to about $183.216 billion by August 2. Circle’s $USDC dropped from a…

$XRP has become one of the most discussed cryptocurrencies over the past few years. Coming out of its protracted regulatory obstacle has left the crypto’s proponents feeling that it has significant underlying potential to fulfill. As such, $XRP users in the current dispensation are reviewing various metrics and information that could affect the cryptocurrency’s price movement, particularly amid the ongoing regulatory adjustments across multiple jurisdictions. XRPL and XRPScan Limitations One factor that $XRP users consider closely is the cryptocurrency’s whale composition. Such whales typically influence markets by their actions, often dictating the dominant market sentiment. That is why $XRP users…

On July 31, decentralized exchange Aster announced that its Vault beta has concluded and the feature is now available to all users. Any user who meets the platform’s requirements can now set up their own Vault or invest in one. This lets traders package their perpetual trading strategies into products others can invest in, while building a public performance history. According to Aster, creating a Vault requires holding at least 100 ASTER tokens and putting in a minimum deposit of $100 in a supported asset. The company set up three separate Vault types, giving managers more leeway to decide who…

Ethereum is headed for a potentially significant moving-average crossover, but it is still below resistance as the emerging golden-cross setup arrives. Ethereum’s recovery structure may be strengthened by the signal, but price must first do some of the necessary work to generate it. Right now, $ETH is trading at about $1,874. While the 100-day moving average is still falling, close to $1,919, the 50-day moving average has turned upward and is now at about $1,824. As a result, there is less space between them in both directions. A bullish golden-cross configuration would be produced by Ethereum if the 50-day average…

Nasdaq-listed crypto treasury company ZeroStack warned that substantial doubt exists about its ability to continue operating over the next year, reversing its assessment from three months earlier. In a Form 10-Q filed with the US Securities and Exchange Commission (SEC) on Friday, ZeroStack reported $2.6 million in cash, negative working capital of $600,000 and an accumulated deficit of $339.1 million as of June 30. The company also posted an $82.5 million fair value loss on digital assets and a net loss of $61.3 million for the first half of 2026. ZeroStack said its 75.1 million Zero Gravity (0G) tokens had…

All eyes are on Cardano, as its much-awaited intra-era hard fork is set to go live in the next few hours. The van Rossem hard fork governance action met the required ratification thresholds across all voting groups on July 13 and was subsequently ratified at the epoch boundary of Epoch 643. According to protocol, the hard fork will automatically be enacted on the next epoch boundary on July 18, 2026 at 21:44:51 UTC (slot height: 192,844,800). As well as Plutus improvements and Plutus Cost Model enhancements, the van Rossem hard fork lays the foundation for the next upgrade, the Dijkstra…

Bitstamp accounted for $20 billion, or 77%, of the $26 billion decline in Robinhood’s reported crypto notional volume from the first to the second quarter of 2026. Volume attributed to Bitstamp fell 48%, from $42 billion in the first quarter to $22 billion in the second quarter. The Robinhood App declined 25%, from $24 billion to $18 billion, accounting for the remaining $6 billion of the sequential drop. Robinhood’s crypto notional shrank 39%, from $66 billion to $40 billion, and Bitstamp supplied more than three-quarters of the drop. The headline total now folds two different customer mixes into one number,…