Author: NBTC

The People’s Bank of China’s Shanghai headquarters has reiterated its commitment to preventing and cracking down on risks associated with cryptocurrency trading and speculation, according to a report from The Paper. The central bank’s Shanghai branch outlined this as a key priority during its second-half work meeting for the year, signaling a continued regulatory focus on digital asset activities. Regulatory Stance and Key Measures During the meeting, the PBOC Shanghai branch emphasized the need to intensify efforts against illegal financial activities. This includes standardizing the online marketing of financial products by institutions under its jurisdiction and stepping up enforcement actions.…

A customer opens an exchange account, copies a string of numbers and follows a path through a Merkle tree. The page processes the request and returns a reassuring result: the customer’s balance was included in the exchange’s proof of reserves. The verification is most likely technically sound, establishing that the account appeared in a dataset and that the exchange controlled wallets that contained enough of a particular asset to cover the balances represented there. However, it can easily leave out whether every customer appears in that dataset, how much the exchange owes to lenders, whether the displayed coins have been…

Bitcoin attracted notable accumulation activity as large holders removed substantial amounts of $BTC from exchanges. As reported by Lookonchain, a whale withdrew 2,341 $BTC worth approximately $144.68 million from OKX over five days. In addition, three newly created wallets accumulated another 737.7 $BTC valued at roughly $45.6 million from BitGo. Combined, the purchases exceeded $190 million, highlighting renewed interest from deep-pocketed investors despite Bitcoin’s recent correction. The timing of these withdrawals attracted attention because they coincided with $BTC trading near multi-month lows. Rather than moving coins toward exchanges, these entities transferred holdings into private wallets. As a result, the activity…

ARK Invest CEO Cathie Wood said that the widespread adoption of AI-powered commerce could create significant opportunities for Bitcoin and stablecoins. Wood specifically noted that Bitcoin and stablecoins are the two digital assets that could benefit most from this new commerce model, known as “agent commerce,” where AI agents handle purchases, payments, and financial transactions without human intervention. In his latest assessment, Wood stated that Bitcoin’s value is once again becoming more stable compared to gold. According to him, the increasing role of artificial intelligence agents in economic activity could increase the need for fast and programmable payment methods. In…

Ondo Finance (@Ondo) manages roughly $3.6 billion in tokenized assets as of July 24, up around 40% from the $2.5 billion it reported in late January. That makes it the rare platform leading two categories at once: tokenized US Treasuries and tokenized stocks. The growth story is real, but the second half of 2026 opens with an odd split. Platform TVL and transfer activity have cooled over the past month while the $ONDO token has gained close to 28%. How Did Ondo Get to $3.6 Billion? The year started with a milestone. On January 23, Ondo announced it had crossed…

Brazil’s central bank has announced plans to introduce stricter oversight for cryptocurrency transfers, including a mandatory delay of up to 24 hours for transactions exceeding $10,000. The measure, reported by Unfolded, is expected to take effect in 2027 and will apply to transfers to overseas virtual asset service providers (VASPs) and self-custody wallets. What the New Rule Entails Under the proposed framework, any crypto transaction above $10,000 — whether a single transfer or cumulative daily volume — will be subject to a review period of up to 24 hours before processing. The delay is designed to give financial authorities more…

At the start of 2026 these builder-deployed markets were about 2% of Hyperliquid’s perp volume. They are now roughly half of it. The pass-through shows up in the accounts. Cost of revenue, the portion of fees Hyperliquid hands straight back to builders, market makers and its own liquidity vault, was under 6% of gross revenue in the second quarter of 2025. A year later it was 18%. Builder code fees, which front-ends like Phantom charge on top for routing an order, arrived at roughly $16 million of revenue in the second quarter and left as roughly $16 million of cost…

The Bitcoin network is preparing to record one of the largest mining difficulty drops in its entire history. According to a new report from Galaxy Research, the prolonged decline in $BTC price has led to a fall in miners’ profit margins, forcing some players to disconnect their computing power from the network. Pressure on market participants is being intensified by the extended downtrend. During today’s trading session, Bitcoin is trying to find a local bottom, trading around $62,826, up 2.23% over the past 24 hours, but despite a modest daily rebound from the local low, it is still down 15%…

“They came to us highly recommended by an alumni CEO that we had already backed,” Rist told CoinDesk in an interview. “So, there was a lot of trust there, and this CEO said, ‘You got to meet these guys’. They were serial entrepreneurs coming out of South Africa. They’d never built businesses outside of South Africa, but they were hungry. They were relentless.” Despite enjoying a sturdy exit, Rist said he feels mixed emotions toward the Mastercard acquisition, having been part of the whole BVNK journey. “It’s actually sad to sign the papers, almost like sending your son off to…

European Union officials are preparing to revise the bloc’s MiCA crypto framework in 2027 as foreign stablecoin restrictions and faster U.S. rulemaking expose gaps in the existing regime. EU officials reportedly see MiCA revision as unavoidable European diplomats said policymakers are expected to reopen the Markets in Crypto-Assets Regulation in 2027, according to a Euronews report. The planned revision would examine how MiCA treats stablecoins issued outside the European Union. Current requirements have prevented several foreign issuers from receiving authorization, limiting their access to regulated exchanges across the bloc. “Reopening the file seems unavoidable at this stage,” an unidentified European…