Author: NBTC

An on-chain transfer has become a hot topic in the crypto world this Monday, August 24. According to blockchain tracker Onchain Lens, institutional custodian Ceffu has pulled out 120 million $USDC worth from wallets associated with Ethena, which is behind the protocol for $USDe valued at $4 billion or more. In a market where institutions seem to prefer using third-party custodians to hold their collateral instead of keeping it on exchanges directly, the transfer points to the framework that sustains that practice. The synthetic dollar of Ethena is built on hedged investments and off-exchange settlement providers that protect the collateral…

Artificial intelligence is changing the Bitcoin mining industry by increasing demand for electricity, data centers, land and investment. But ViaBTC CEO Yang Haipo says AI will not push Bitcoin mining out of the market. Instead, the two industries will compete for resources while Bitcoin mining moves toward cheaper and more flexible power sources. In a recent analysis, Yang said Bitcoin mining has already gone through a major adjustment. Network hashrate rose above 1.1 zettahashes per second (ZH/s) in October 2025 before falling to more than 900 exahashes per second (EH/s) several times this year. Mining difficulty also recorded major declines,…

During a Wednesday interview with Yahoo Finance, Alan Baratz, CEO of D-Wave, warned that quantum computing will eventually be capable of breaking Bitcoin’s proof-of-work protocol. Baratz said it is “clear” that sufficiently advanced quantum machines will one day outperform hardware used for mining the flagship cryptocurrency. For now, the timeline is unclear, but he argues that the cryptocurrency industry should begin considering quantum-native alternatives before the technology matures. Quantum proof-of-work alternative Baratz also claimed that D-Wave has already demonstrated a new quantum proof-of-work protocol that could serve as a replacement for $BTC’s existing mining mechanism. The protocol relies on quantum…

Tether said in March that it had hired a “Big Four” accounting firm to conduct its first full audit. KPMG is one of the Big Four, the group of accounting giants that also includes Deloitte, EY and PwC and audits many of the world’s largest companies. KPMG examined Tether’s transactions, systems, valuations, counterparties and ownership records, according to the company. Auditors also physically counted and inspected its gold bars. Tether has repeatedly promised a full audit while relying on reserve attestations, leaving critics asking why a company of its size hadn’t undergone the same level of scrutiny common among large…

Pump.fun, the Solana-based token launchpad, has sold an additional 143,500 $SOL, worth approximately $12.52 million, according to blockchain analytics firm Lookonchain. The sale comes as Solana’s native token continues its upward momentum, with the platform’s cumulative $SOL sales now reaching 4.9779 million tokens, valued at roughly $820 million at an average price of $164.8 per $SOL. Ongoing $SOL Sales and Market Impact Lookonchain’s on-chain data reveals that Pump.fun has been steadily offloading its $SOL holdings over recent months. This latest transaction is part of a broader pattern where the platform periodically sells $SOL to manage treasury operations or convert proceeds…

Fresh debate on whether U.S. states or the Commodity Futures Trading Commission (CFTC) should regulate the fast-growing prediction markets industry has emerged after a federal appeals court ruled that ​Kalshi cannot block Nevada gaming regulators from overseeing its platform. Prediction markets platform Kalshi and the CFTC have said sports event contracts are “swaps” under the 2010 Dodd-Frank financial reforms, affording the agency oversight through its authority to regulate national swaps markets. Ripple CTO Emeritus David Schwartz engaged with an X post from sports betting and gaming lawyer Daniel Wallach, who argued that the CFTC’s rulemaking is effectively “dead on arrival”…

Oil traders usually get weekends off. Futures pits close, exchanges go dark, and whatever happens in the world simply waits until Monday to get priced in. But when the United States and Israel launched an aerial assault on Iran on the last Saturday of February, that pause didn’t actually stop the market from moving — it just moved somewhere else. While the world’s benchmark oil exchanges sat closed, a small blockchain-based platform kept pricing crude in real time, offering an early glimpse of how blockchain 24/7 markets are starting to reshape the rhythm of global commodity trading. Key takeaways Traditional…

ARK Invest and Glassnode published a joint study on Sept. 1 that found three entities could cross the measured block-production thresholds for both Bitcoin and Ethereum, while Solana required 19. The 32-page report, titled The Decentralization Spectrum: Design Tradeoffs in Digital Assets, compares the networks across ownership, exit fluidity, verification costs, critical resilience, reconstruction costs and infrastructure distribution. The findings do not mean three companies control Bitcoin or Ethereum. The metric counts mining pools and staking platforms as entities, even when the underlying hardware, stake or node operators belong to separate participants who may withdraw or redirect their resources. Bitcoin’s…

KPMG U.S. issues unqualified audit opinion on Tether’s 2025 financial statements – the most positive form of opinion an independent auditor can issue 13 August 2026 – Tether, the largest company in the digital asset industry, today announced the successful completion of a full independent audit of Tether International, S.A. de C.V.’s financial statements for the year ended December 31, 2025, conducted by KPMG U.S. The audit, completed in accordance with applicable professional standards, represents one of the most significant milestones in Tether’s history, it is also the largest inaugural financial audit in history. Completed at a scale and within…

At USENIX Security on Aug. 12, researchers presented a Solana Proof-of-History clock attack they had disclosed privately to Solana developers in December 2025. Anza’s 50,000 $SOL Alpenglow competition closed seven days later, and its rules appear to place the attack outside the scope. The paper describes a protocol-valid way for a scheduled leader to stretch its effective block window and suppress honest leaders’ proposals in a fork-assisted version. The path relies on Proof-of-History and TowerBFT, the machinery Alpenglow is intended to replace but had not yet displaced on mainnet in Agave 4.2. The finding creates both a contest-scope story and…