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.
A significant Ethereum transaction has captured the attention of the cryptocurrency market. On-chain analyst ai_9684xtpa reported a substantial deposit of 6,708 $ETH, valued at approximately $26.49 million, to the Coinbase exchange by an entity known as ‘thomasg_eth’. This Ethereum OG’s move, executed over a concise five-hour window, is a critical data point for traders and analysts monitoring whale behavior and potential market liquidity shifts in early 2025. Analyzing the $26.49 Million Ethereum Deposit The transaction represents a major movement of digital assets. Deposits to centralized exchanges like Coinbase are traditionally interpreted as preparatory steps for selling. Consequently, this action provides…
Sam Bankman-Fried’s parents tell CNN no customer money was lost. FTX creditors see it differently.
Barbara Fried and Joseph Bankman, the parents of FTX founder Sam Bankman-Fried, who was convicted after the exchange’s collapse, used their first televised interview to challenge the core premise of his conviction, arguing that no customer money was ultimately lost. “The money was always there,” Bankman said during a weekend interview with CNN’s Michael Smerconish. “These were very profitable companies with billions of extra assets.” The timing is not incidental. At the end of March, the FTX Recovery Trust is set to distribute about $2.2 billion in its fourth payout, bringing total recoveries to roughly $10 billion. Several U.S. customer…
A trading bot has recorded rapid multi-fold growth in prediction markets over a very short period, highlighting both the opportunities and quirks within binary trading systems. In this line, data from Polymarket shows that the bot, operating under the account “woshfq19,” generated approximately $64,334 in all-time profit within just four days of activity. The strategy focused on ultra-short-term “up or down” contracts tied to Bitcoin (BTC), each lasting only five minutes. The most notable trade occurred on April 3 within a five-minute window between 7:30 PM and 7:35 PM ET. The bot entered at $0.01 and exited minutes later. Trading…
Tom Lee says Ethereum has become the No. 2 “wartime” asset, outpacing Bitcoin and stocks as war spending surges and crypto gains appeal as a liquidity and risk trade. Since the latest Middle East conflict escalated, Ethereum has become the second best‑performing major asset globally, trailing only top safe‑haven trades and beating both Bitcoin and equities, according to Fundstrat co‑founder Tom Lee. In a recent post shared by the TomLeeTracker X account, Lee said that while “crypto has been outperforming since the war started,” Ether has led the pack, with Bitcoin ranking third and both digital assets “significantly” outpacing the…
A report issued by Renmin University’s International Monetary Institute argues against maintaining large foreign exchange reserves, mainly U.S. Treasuries, as the yuan adoption and trust grow. The document advises holding “moderately ample” levels of foreign reserves, with dollar bonds being their largest component. Report: China Should Reduce Forex Reserves As Yuan Matures China’s level of foreign reserves, one of the largest in the world, and its ownership of U.S. Treasuries, are under scrutiny by the country’s leading economic institutions. A report recently issued by Sun Jiaqi of Renmin University’s International Monetary Institute calls for reducing the level of foreign reserves,…
Hyperliquid keeps expanding its share of real-world assets activity. Recently, HIP-3 open interest reached a new record of $2.3B for perpetual futures based on traditional markets. Hyperliquid is becoming an even more important venue for real-world asset trading. RWA perpetual futures contracts reached a new peak in open interest at over $2.3B. Hyperliquid itself marked a new milestone, based on the growth of its HIP-3 markets. RWA trading on Hyperliquid continues to reach new ATHs week after week, surpassing $2.3B in open interest pic.twitter.com/R9uDCAx3fo — Hyperliquid (@HyperliquidX) April 6, 2026 Most of the growth comes from TradeXYZ, which recently opened…
Chaos Labs has terminated its risk management engagement with Aave ($AAVE) after three years, citing unsustainable economics and disagreements over how V4 should be managed. The departure marks the latest in a string of core contributor exits from Decentralized Finance’s (DeFi) largest lending protocol, which holds over $24 billion in total value locked. Chaos Labs Walks Away From Aave After 3 Years of Risk Management Chaos Labs founder Omer Goldberg outlined three factors behind the decision. Key V3 contributors had already departed, doubling the workload Aave V4 introduced an entirely new architecture that expanded operational and legal burdens. Despite a…
Ethereum is showing two bullish chart signals at once, with weekly momentum starting to improve and short term price action reclaiming a key level. Together, the setups suggest $ETH may have room for another upside move, although traders still face strong resistance before any broader trend shift becomes clear. Ethereum MACD Turns Up on Weekly Chart as Past Signals Point to Recovery Setup Ethereum is showing an early momentum shift on the weekly chart as the MACD starts to curl upward from deeply negative levels. The chart shared by Jake Wujastyk highlights a setup that has appeared before, with the…
Hong Kong-based Web3 gaming firm Boyaa Interactive International said it is seeking shareholder approval to expand its crypto treasury, planning up to $70 million in purchases over the next year. In a statement on Sunday, the Hong Kong-listed company said it is looking to use its “idle cash reserves during periods of weakness in the cryptocurrency market” to increase its existing positions and to support the research and development of Boyaa’s Web3 gaming business. If approved by shareholders, Boyaa said it would invest in crypto tokens with “good market liquidity, large market value, wide recognition on the market and relatively…
Attacking bitcoin mining with a quantum computer would require the energy of a star, academics say
Quantum computing headlines increasingly suggest bitcoin is on the verge of collapse, with claims that future machines could crack its cryptography in minutes or overwhelm the network entirely. But academic research paints a more constrained picture. Some widely cited “breakthroughs” rely on simplified problems that don’t reflect real-world cryptography. And quantum attacks on Bitcoin? The energy required is equivalent to a small star, according to research papers shared on X by Bitcoin hardware entrepreneur Rodolfo Novak. Bitcoin’s security rests on two different kinds of math, and quantum computers threaten them in two different ways. One, known as Shor’s algorithm, targets…