Author: NBTC
SharpLink Gaming saw its stock drop sharply, falling over 15% to $19.85 after the company reported a staggering $103 million loss for the second quarter of 2025. As reported by CoinMarketCap via X (formally Twitter). Just a year ago, the same period brought in a small profit of $500,000, making this drop even more dramatic. Investors were clearly rattled. Headlines and financial chatter across the crypto world quickly highlighted the stark swing, raising questions about the company’s strategy and how well it can weather short-term turbulence. Betting Big on Ethereum Despite the rough quarter, SharpLink isn’t exactly out of options.…
The US government has taken significant steps toward distributing macroeconomic data via blockchain, as US Commerce Secretary Howard Lutnick recently stated that they would publish US GDP data on the blockchain. The US Department of Commerce launched a swift attack on this, announcing today that macroeconomic data will be transferred to many blockchain networks via oracle providers Chainlink and Pyth. Chainlink stated in its blog post that the data will be updated monthly or quarterly. The US Department of Commerce stated in a press release that the data will be distributed through Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Tron (TRX),…
Binance founder Changpeng Zhao (CZ) joined the BNB Chain this week as it marked its fifth anniversary in Tokyo. Meanwhile, Japan Post Bank plans to activate its ¥190 trillion ($1.29 trillion) in deposits, issuing a digital currency for trading of blockchain-based financial products. Binance’s CZ Says DeFi Will Outpace Centralized Trading Amid Japan’s Web3 Rise In his fireside chat, Changpeng Zhao emphasized that BNB Chain’s success has been driven by its community rather than any single individual. “The chain has a small tech team and is much more community-driven. I don’t do that much; I post tweets and encourage people…
A significant announcement from South Korea’s crypto giant, Dunamu, the operator of the popular Upbit exchange, has sent ripples through the digital asset world. The company recently revealed its substantial Dunamu crypto assets, totaling an impressive $1.87 billion at the close of the first half of the year. This disclosure provides a rare glimpse into the financial muscle of one of Asia’s leading cryptocurrency platforms. What Are Dunamu’s Impressive Crypto Assets? According to a corporate filing cited by local outlet TechM, Dunamu holds approximately 2.6 trillion won in digital assets. This massive portfolio primarily consists of key cryptocurrencies, showcasing a…
Vitalik Buterin warns of 20% chance quantum computers may compromise cryptography before 2030. Metaculus predicts median timeline of 2040 for quantum computers breaking modern cryptographic defenses. Researchers explore post-quantum cryptography, zk-proofs, and STARKs to secure the blockchain future. Ethereum co-founder Vitalik Buterin has raised fresh concerns about the future of cryptography in the age of quantum computing. Vitalik warns that quantum computers could break today’s cryptography by around 2040, with roughly a 20% chance that this could happen before 2030. Why Quantum Matters for Crypto Cryptography isn’t just about passwords or private emails, it secures the entire digital economy. From…
Can Thailand’s $60 billion tourism industry become the proving ground for crypto payments, turning digital assets from speculative tools into something travelers actually use? Summary Thailand introduced TouristDigiPay on Aug. 18, 2025, allowing foreign visitors to convert crypto into baht and spend through the national QR PromptPay system. Tourism contributed nearly 20% of GDP pre-pandemic. Arrivals fell sharply in 2020 and remain below 2019 levels, with Chinese visitors still 34% lower than before. The program aims to cut card fees, speed settlement, and attract new traveler groups. Analysts estimate even limited use could drive billions in annual transactions, setting Thailand…
Kraken Announces Selection by U.S. Commerce Department to Publish Economic Data on Blockchain
The U.S. Department of Commerce has turned to cryptocurrency exchange Kraken to support a new initiative that will put gross domestic product (GDP) data directly onto public blockchains. Announced by President Donald Trump and Commerce Secretary Howard Lutnick, the plan marks the first time a G7 country will use blockchain to distribute official economic statistics. Blockchain Meets GDP Data Under the project, GDP information will reportedly be recorded on nine major blockchains, including Bitcoin, Ethereum, Solana, Avalanche, Stellar, Polygon, and Tron. The approach is designed to make the data verifiable, tamper-resistant, and globally accessible. NEW: 🇺🇸 Howard Lutnick says “the…
While the current Bitcoin (BTC) and cryptocurrency cycle is driven by institutional investors, unlike other cycles, a new survey has yielded surprising results. A recent survey by Bank of America (BofA), one of the largest banks in the US, revealed that 97% of institutional investors are staying away from cryptocurrencies. According to data shared by ETF Store founder Nate Geraci, the vast majority of global fund managers still operate with zero exposure to cryptocurrencies. A significant portion of institutional investors participating in the BoF survey stated that they do not hold any cryptocurrencies in their portfolios. In contrast, while a…
Spheron Network is excited to announce its groundbreaking collaboration with Datagram to reshape the decentralized physical infrastructure network (DePIN) and real time applications. This partnership aims to empower both builders and users by driving innovation. By doing this, this alliance is set to provide a performance-based and cost-effective backbone for infrastructure. Partnership Alert 👇Say hello to @DGramNetworkDatagram is building a Hyper Fabric Network for real-time apps & DePIN deployments, and now, they’re tapping into @SpheronFDN’s decentralized GPU power to scale faster, smarter, and cheaper.🟢 4x cheaper decentralized GPU compute… https://t.co/JTcc6lXlRh pic.twitter.com/s94XvKigij — Spheron Network (@SpheronFDN) August 28, 2025 Spheron Network,…
Bitcoin has lost 2.6% in the past day, after a rally to new all-time highs last week on the expectations of a U.S. federal interest rate cut. At the time of writing, Bitcoin is changing hands at $115,192 after having jumped as high as $122,882 only days ago. Analysts said derivatives data shows a wave of profit-taking driving the top crypto’s weekend decline. More than $300 million worth of positions were liquidated due to the minor dip in Bitcoin’s price, according to CoinGlass. An uptick in put-buying activity noted over the last two weeks and near-zero median return for Bitcoin…