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.
MARA Strips Away the Access Codes MARA Holdings, the Nasdaq-listed bitcoin miner and artificial intelligence (AI) infrastructure provider, formerly known as Marathon Digital, built the Slipstream service so people can send bitcoin transactions straight to its mining pool instead of broadcasting them to the public network. Most bitcoin transactions travel through a shared waiting room called the mempool, where every node on the network can see a transaction before it gets confirmed into a block. Slipstream skips that waiting room. A user submits a signed transaction directly to MARA, and it stays hidden until MARA mines a block with it…
T Rowe Price is on the verge of launching its Active Crypto ETF, designated as $TKNZ. According to Eric Balchunas, the ETF could be unveiled as soon as Thursday, which comes at a strategic time following recent market fluctuations. This move highlights T Rowe Price’s commitment to expanding its investment offerings in the crypto space, as noted in Balchunas’ tweet. The Story So Far Market sentiment has been mixed recently, with major cryptocurrencies showing inconsistent momentum. T Rowe Price’s decision to launch an Active Crypto ETF represents a significant step in institutional adoption of digital assets. The ETF’s inclusion of…
Down to its last $4,000 in cash, a crypto firm holding millions in Solana is seeking a loan to survive $1.5M debt
UK-based Supernova Digital Assets has built a multimillion-pound crypto treasury, but its latest accounts expose the strategy’s less glamorous constraint: cash. An unfinished lender switch now stands between the company and further token sales, making its reported $SOL position a test of whether it can secure cheaper funding without letting liquidity needs dictate its treasury strategy. Supernova reported just £3,000 of cash against £1.132 million of current liabilities, including £847,000 of interest-bearing borrowings. The Solana-focused treasury company said replacement financing is its preferred route to limit further crypto sales. The unaudited results released July 30 showed total assets of £2.944…
IMF Acknowledges Size of Brazil’s Crypto Market, Calls for Enhanced Oversight International financial institutions are acknowledging the size and relevance of the cryptocurrency market in Brazil and have sounded the alarms on the impact of ignoring regulations on these flows. In its latest Financial System Stability Assessment report, published this month, the International Monetary Fund (IMF) highlighted the massive growth of crypto financial rails and called for defining the regulatory framework to increase oversight on them. The report found that crypto-based cross-border flows have been steadily growing since 2017, outpacing volumes of traditional capital. Most of these flows are driven…
Stripe’s stablecoin partnerships head, Connor Fitzgerald, has stepped down after helping build the company’s global stablecoin card program from launch to operations across more than 100 markets. Connor Fitzgerald announced on X that last week was his final week at Stripe and its stablecoin infrastructure business Bridge, ending a tenure that began shortly after Stripe completed its acquisition of the stablecoin platform. Last week was my final week at @Stablecoin and @stripe.I joined one month after the acquisition closed, when no one had built a stablecoin card program with a true sponsor bank, and helped build the global card program…
As discussions continue on the Bitcoin network regarding the BIP-110 proposal, its supporters have begun preparing a remarkable contingency plan that could be activated if miners block the update’s activation. Bitcoin developer Chris Guida announced that he has repurposed the proof-of-work code, originally created by Luke Dashjr in 2017, onto a current version of Bitcoin Knots. Guida stated that this work is a last resort that could be used if miners fail to give signals indicating they are ready for BIP-110. BIP-110 stands out as a soft fork proposal aimed at temporarily restricting arbitrary data storage in Bitcoin transactions. Also…
Bitcoin-based decentralized finance (DeFi) projects are narrowing their focus to institutional investors and long-term holders as a broad market liquidity contraction reshapes the sector, according to Richard Green, director of institutions and ecosystem at Rootstock Labs, the investment arm of the Bitcoin layer-2 network Rootstock ($RIF). Market Contraction Reshapes DeFi Strategy In an interview with The Block, Green explained that as significant funds have exited the DeFi market, core customer segments—including crypto-native traders and hedge funds—have substantially reduced their activity. The DeFi sector is currently shrinking due to a large-scale decrease in overall liquidity, forcing projects to adapt their strategies.…
In a recent tweet, a16z crypto emphasized the accelerating demand for stablecoins, stating, ‘It feels like the world is going to forget that pre-stablecoins was even a thing.’ This statement underscores the significant impact stablecoins are having on the financial landscape, as noted by @PrimordialAA of @LayerZero_Core. You can view the original post here. What Went Down The current landscape for stablecoins is witnessing a remarkable transformation. With stablecoins already facilitating transactions worth hundreds of billions of dollars, their role in the financial ecosystem is becoming increasingly vital. The insights from a16z suggest that demand is not just stable but…
Evernorth Holdings, an $XRP fund preparing for a Nasdaq listing, has disclosed its executive compensation structure, tying management pay to aggressive business growth. According to a fresh Amendment No. 5 to its Form S-4, filed with the SEC, the company’s key executives received contracts ahead of the listing that include target bonuses equal to 50% of their salaries and multimillion-dollar equity packages. The company is finalizing a merger with Armada Acquisition Corp. II, a SPAC platform backed by Arrington Capital, and plans to trade under the ticker XRPN, seeking to become the world’s largest publicly traded $XRP treasury. To motivate…
Broad Oversight for Central Bank Kenya has reduced the minimum paid-up capital required for stablecoin issuers by 40% to about $2.32 million (300 million Kenyan shillings). The revised threshold, published by the National Treasury, marks a significant shift from the nearly $3.9 million proposed in draft rules last March. However, the Kenyan government retained strict oversight measures aimed at protecting investors as cryptocurrency adoption accelerates in the East African nation. Kenya ranked fifth globally in crypto adoption in Bybit’s 2025 World Crypto Ranking, with stablecoins driving cross-border payments and serving as a hedge against currency volatility in a market that…