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.
Solana News Pump.fun ($PUMP), the token behind Solana ($SOL)‘s dominant token-launch platform, climbed to its highest level in two months on Monday. The Solana ecosystem asset jumped more than 23% intraday and ranked as the single largest gainer among the 100 biggest cryptocurrencies by market value. On-chain data shows $PUMP printed an intraday high of $0.00207, its strongest reading since May 12, before easing back toward $0.00203. The move capped a two-day advance that lifted the launchpad token from roughly $0.0016 late Sunday, restoring attention to a platform whose fortunes are tightly coupled to retail speculation across the Solana network.…
South Korea’s Government Public Ethics Committee has approved the employment of retired officials from the National Police Agency and the National Tax Service at two affiliates of cryptocurrency exchange Bithumb, according to a Yonhap News Agency report. The decision, made public on Aug. 3, comes as these affiliates face trading suspensions and delisting risks, raising questions about governance and regulatory oversight in the crypto sector. Approved Hires at Bucket Studio and Vidente The committee’s July review results, released on Aug. 3, confirmed that Bucket Studio, a KOSDAQ-listed company, hired a former police lieutenant-level officer who left the National Police Agency…
Real-world asset markets accounted for more than half of Hyperliquid’s trading volume for two consecutive weeks in July, the first time perps tied to stocks, commodities and indexes out-traded crypto on the platform. RWA perps did $25.1 billion in the week of July 13–19, or 52% of Hyperliquid’s $48.2 billion total, according to Blockworks data. The share held above 50% the following week. “We are entering a new era for DeFi,” Lorenzo Valente, director of digital asset research at ARK Invest, said in a July 23 post on X.. “For the first time ever, @HyperliquidX generated more volume from RWAs…
Hashrate Pulls Back From Record Highs Bitcoin’s network hashrate, the combined computing power securing the blockchain, has retreated meaningfully from its record levels this year. CryptoQuant analyst Maartunn estimated the pullback at 17% below its all-time high, while other trackers have shown hashrate easing from a late-2025 peak above one zettahash per second to a range closer to 850 to 920 exahashes per second through the summer. Hashrate estimates vary between data providers depending on the averaging window used, since the metric is inferred from block timing rather than measured directly, but the broader trend across trackers points in the…
Bitwise pitched a diversified 10-crypto fund, then lost $500 million as Bitcoin swallowed 78% of the portfolio
Bitwise’s 10 Crypto Index ETF ended the first half of 2026 with nearly half the net assets it started with, while its 10-asset basket became more concentrated in Bitcoin. Net assets at BITW fell 48.27%, from $1.03 billion on Dec. 31 to $532.8 million on June 30, according to the fund’s quarterly filing. That contraction was not the return experienced by an investor: the fund reported a negative 36.16% Principal Market NAV total return per share for the six months, while its outstanding share count declined 18.97%. The net-asset change combined two forces. Market performance reduced the value of each…
Tokenized equities firm Dinari is bringing its blockchain-based U.S. stock offering to eligible domestic investors, marking an expansion of the custodial tokenization model into the U.S. market. The company said Tuesday that investors can buy and sell 724 tokenized U.S. stocks, including every company in the S&P 500, using Circle’s $USDC stablecoin through self-custody wallets. The stock tokens are available across Ethereum, Arbitrum, Base and Avalanche, with support for Solana and Sei coming “soon,” the firm said. The offering runs through Dinari’s regulated broker-dealer and transfer agent infrastructure and launches with partners including Circle (CRCL), Stripe-owned Privy, Para and Monaco.…
Shiba Inu’s burn rate surged over the past 24 hours after community members permanently removed more than 13 million $SHIB tokens from circulation. According to Shibburn data, a total of 13.2 million Shiba Inu were burned in the past day, permanently reducing the token’s circulating supply. The burns were completed across 13 separate transactions, with the largest single burn accounting for the majority of the destroyed tokens. The biggest transaction occurred yesterday when an unidentified user transferred 9.7 million $SHIB from the CEX.IO exchange to the official dead wallet. Meanwhile, the second-largest burn took place just hours before press time,…
Brian Armstrong Presses Senate Ahead of CLARITY Vote Crypto exchange Coinbase (Nasdaq: COIN) CEO Brian Armstrong intensified his campaign on Aug. 3, urging senators to approve federal crypto market structure legislation this week. The Coinbase executive described the CLARITY Act as the result of extensive bipartisan negotiations and argued that it would support American jobs, tax revenue, and innovation. Armstrong wrote: “The CLARITY act represents a ton of bi-partisan work to finally establish clear rules for crypto in America, which 70% of Americans say we should already have.” He presented the vote as a choice between bringing digital assets under…
FalconX, the digital asset prime brokerage that acquired crypto ETF issuer 21shares last November, has laid off roughly 10% of its global workforce as it prepares for a prolonged downturn in the cryptocurrency market, Bloomberg reported Monday. Citing people familiar with the matter, Bloomberg said FalconX is also reshaping its strategy in Singapore by focusing on crypto derivatives trading and plans to withdraw its license application with the Monetary Authority of Singapore. The company intends to maintain its presence in Asia while expanding its European business. FalconX employed about 350 people across the United States, the United Kingdom, Singapore and…
The $BTC cohort holding over 10,000 $BTC in their wallets is the most active buyer in the summer of 2026. Almost all other wallet cohorts remain idle after the initial rush to accumulate in January. The biggest $BTC wallets, holding over 10,000 $BTC, may belong to organizations, ETFs, or the occasional whale. This cohort is closely watched for a sign of an end to the $BTC bear market. The cohort of the largest whales also showed accelerated accumulation in the past few weeks, just as $BTC recovered close to $65,000. For the past two months, the addresses holding over 10,000…