Author: NBTC

But evidence points away from exploitation, a CoinDesk Research report found in July. If someone had minted counterfeit $ZEC, the obvious next step would be to move it out and sell it, which would show up as funds leaving the pool. However, Orchard’s balance grew steadily through the four years the flaw was open, including through last year’s price rally, when cashing out would have been most profitable. Developers patched the bug within days, but the patch could not account for the four years it was open. A zero-knowledge proof reveals nothing beyond the facts that it verified, so the…

Chinese courts have sentenced five Sifang payment platform operators to between three and six years in prison over a gambling network that processed more than 2.95 billion yuan, or about $428 million, through $USDT, bank cards and third-party payment accounts. The Paper reported that the Intermediate People’s Court of Xilin Gol League in Inner Mongolia upheld Ma’s conviction for illegal business operations on June 26, leaving his four-and-a-half-year prison term and 3 million yuan fine in place. Ma’s case was the last judgment in a group of prosecutions linked to Sifang, a fourth-party payment operation that supplied payment channels to…

South Korea’s largest cryptocurrency exchanges, Upbit and Bithumb, have seen a notable increase in trading volume for some altcoins. Data from the past 24 hours shows a concentration of activity, particularly in Euler ($EUL), DeXe ($DEXE), and Shiba Inu ($SHIB). When data from the two exchanges were combined, $EUL topped the list with a total trading volume exceeding $83.1 million. $EUL generated $40.4 million in volume on Upbit and $42.7 million on Bithumb. In second place was DeXe, which reached a trading volume of $80.2 million on Bithumb alone. $DEXE, which has recently been in the spotlight due to its…

Bitdeer secured a $4.7 billion AI lease but must complete a $500 million build before the contract starts generating revenue. On Aug. 4, the Bitcoin miner announced that its Tydal Data Center subsidiary signed a 16-year agreement to provide Volta with 121 megawatts of computing capacity at its Norway campus. Volta will install Nvidia chips across four data halls, while Dell Technologies will provide the computing systems. Bitdeer described the end customer as a leading AI laboratory, although media reports have identified it as Anthropic. The agreement marks a major step in Bitdeer’s expansion beyond Bitcoin mining and into AI…

Bitcoin has reclaimed $65,000 after oil prices plunged to a two-month low following a reported US-Iran peace agreement that eased concerns over disruptions in the Strait of Hormuz. According to data from crypto.news, Bitcoin ($BTC) climbed to an intraday high of roughly $65,995 on June 15, extending its rebound from the June 6 low near $60,000. The move represents a gain of about 10%, though Bitcoin remains roughly 21% below the local peak near $82,800 reached in May before the early-June selloff. Bitcoin’s rebound today came as risk assets rallied across global markets after reports that Washington and Tehran had…

$XRP holders can now access Ripple USD ($RLUSD) liquidity on Ethereum without selling their $XRP. The option became available after Flare integrated FXRP as collateral in Sentora’s institutional $RLUSD vault on Morpho. The launch creates an isolated FXRP/$RLUSD lending market on Morpho Blue. Users can mint FXRP on Flare, bridge it to Ethereum, and borrow $RLUSD against their holdings in a permissionless and non-custodial way. FXRP Becomes First $XRP Collateral Asset in Institutional Ethereum Vault According to Flare, FXRP is the first $XRP representation approved as collateral in an institutionally curated lending vault on Ethereum mainnet. The integration gives $XRP…

Bitcoin traded near $62,800 on Monday as investors prepared for a packed week of economic releases and geopolitical news. The largest cryptocurrency stayed above the $60,000 support area, even as Asian shares fell and oil prices rose. Bitcoin was down about 1.4% over 24 hours, while its seven-day change remained close to flat. That kept short-term momentum weak before the data releases. Ether held near $1,780, while the wider crypto market remained cautious. Four factors now stand out: the U.S.-Iran conflict, inflation data, consumer activity reports, and major corporate earnings. Renewed attacks between the United States and Iran pushed Brent…

In a new advisory, the Commodity Futures Trading Commission’s Division of Market Oversight called on designated contract markets to comply with the required self-certification procedures for event contract series. The guidance cautions against the growing practice of submitting broad, generic filings that cover multiple unrelated event contracts. According to the DMO, such “boilerplate” submissions make it difficult for regulators to determine whether each individual contract complies with the Commodity Exchange Act and CFTC regulations. The commission noted that lately, companies have been lumping totally different types of bets into a single application. According to the agency, this practice prevents it…

The payout went to a bitcoin address tied to CKPool, a solo mining service that lets people point their equipment at shared infrastructure without running their own Bitcoin node. It was the 317th solo block CKPool has found, according to the pool operator’s X thread. What Made This Block Different The reward combined the fixed 3.125 $BTC subsidy with about 0.032 $BTC in transaction fees pulled from 4,243 transactions packed into the block. Bitcoin blockchain explorers, including mempool.space, Blockchain.com and Blockchair.com, all confirmed the payout and attributed it to Solo CKPool. Solo block found at 960804. Screenshot via mempool.space. CKPool…

Sentora is curating a Morpho lending vault that accepts as collateral a token backed by an actively managed credit portfolio run by Wellington Management, the Boston asset manager with more than $1.3 trillion under management as of December 2025. The token, mWIN, was issued by Midas on Aug. 5. Midas says it is “the first time an institutional investment manager of this scale has brought a diversified credit strategy to market through native onchain issuance,” meaning the strategy was built as a token rather than wrapped after the fact from an existing fund. Wellington acts as strategy manager; Northern Trust…