Author: NBTC

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.

Some RWA Lending Investors May Lack Legal Claims on Underlying Assets

The Chief Operating Officer of AIGENSYN, Jeff Amico, has raised concerns that investors in real-world asset (RWA) lending products may not hold adequate legal protection in the event of a default, despite the high yields these products often promise. His remarks, reported on March 5, 2025, highlight a growing structural issue in the tokenized asset market: the legal separation between investors and the underlying loans or collateral. Understanding the Legal Gap in RWA Vaults Amico explained that in certain RWA vault structures, investors receive yield-bearing stablecoins while the actual loans and collateral are held by a separate entity or special…

RegulationAug 24

what the White House crypto summit means for regulation

President Trump gathered crypto executives and federal regulators at the White House on August 19 to press Congress on the Digital Asset Market Clarity Act, setting up a September 15 Senate showdown that will define American crypto oversight for the next decade. The Digital Asset Market Clarity Act has traveled a longer road than most legislation. The House passed it 294 to 134 in July 2025, with 78 Democrats joining the Republican majority. The Senate Banking Committee advanced its own version 15 to 9 in May 2026. Then the bill stalled. Ethics disputes, a shrinking calendar, and the political weight…

LegalAug 24

BC Card completes South Korea’s first stablecoin payment proof of concept with Coinbase

South Korean card company BC Card has announced the successful completion of a proof of concept (PoC) for stablecoin payments, marking a significant step in the integration of digital assets with traditional card networks. The pilot, conducted in collaboration with Coinbase and institutional digital-asset technology firm Wavebridge, tested a scenario where foreign visitors could make payments at domestic BC QR merchants using $USDC held in Coinbase’s Base wallet, without the need for a separate currency exchange process. Details of the Proof of Concept The three-month pilot, which began in April, was designed to evaluate the feasibility of linking overseas digital-asset…

ExchangesAug 24

How 8 Crypto Networks Reach Consensus

Bitcoin introduced the model now called Nakamoto Consensus, but Ethereum, $BNB Smart Chain, $XRP Ledger, Solana, and Tron took different routes, while Dogecoin and Zcash still run much closer to Bitcoin’s original playbook. Excluding stablecoins, all of these cryptocurrencies mentioned below are the top digital assets by market valuation. What a Consensus Algorithm Actually Does A blockchain is essentially a shared accounting book replicated across computers worldwide. When two machines see different transactions or competing blocks at once, the network needs a hard rule for deciding which history survives. That is a consensus algorithm’s job. It determines who gets the…

BlockchainAug 24

‘We’ll Get Through This Bear Market,’ Says CEO of Bitcoin Treasury Company Strategy

Bitcoin treasury company Strategy’s CEO Phong Le brushed aside concerns investors may have about the Nasdaq-listed company selling its stash. Speaking on CNBC Monday, Le said that Strategy would continue doing what it’s always done, and outperform Bitcoin during the next bull run. Strategy (MSTR) on Monday revealed that it had sold 1,638 Bitcoins for roughly $104.7 million, and bought back 912,143 shares of its preferred stock, STRC, for $81.2 million. The firm’s stock is down nearly 40% year-to-date. It has shed nearly 80% of its value since it closed a record of nearly $474 in November 2024. “I think…

BitcoinAug 24

Besu Patches 5 Node Vulnerabilities: What Operators Must Know

A ‘Patch-First’ Approach to Defender Advantage Developers behind the open-source Ethereum client Besu have remediated five security vulnerabilities discovered by blockchain security firm Certik. Besu published four detailed security advisories on Aug. 14 covering the five vulnerabilities, all of which were resolved in version 26.7.1, originally released July 27 as an urgent security update. The delay between releasing the software patch and publishing advisory details was intentional, according to security leadership. “The effectiveness comes from the sequencing, rather than from delaying disclosure for its own sake,” said Jialiang Chang, director of security engineering and senior audit partner at Certik. “Besu…

EthereumAug 24

Fairmint CEO warns tokenized stocks risk market fragmentation

The tokenized stock market could face a crisis of fragmentation similar to Wall Street’s paper crunch in the 1960s unless the industry unifies around common standards and clear ownership records, according to Joris Delanoue, CEO of on-chain securities infrastructure firm Fairmint. Fragmentation risks echo historical Wall Street crisis Delanoue drew a parallel to the 1960s, when a surge in trading volume overwhelmed the physical paper-based settlement system, leading to a backlog of unprocessed certificates and eventually forcing exchanges to close one day a week. He warned that today’s tokenized stock market, if it continues to develop across multiple exchanges, special…

RegulationAug 24

Pakistan Opens Licensing Portal for Crypto Service Providers, Sets September Deadline

Pakistan’s Virtual Assets Regulatory Authority (PVARA) has officially launched its licensing application portal for virtual asset service providers (VASPs), marking a significant step toward formalizing the country’s cryptocurrency sector. The move, first reported by Cointelegraph, requires all businesses that have been operating locally since before March 5 to apply for a no-objection certificate (NOC) by September 5, or face suspension of operations. Background and Regulatory Context The establishment of PVARA represents Pakistan’s most concrete effort to regulate digital assets after years of uncertainty. Previously, the State Bank of Pakistan (SBP) had maintained a cautious stance, with banks prohibited from facilitating…

LegalAug 24

Polymarket Bolsters Leadership with Industry Veterans Ahead of NFL Season and Midterms

Polymarket, the blockchain-based prediction market platform, is strengthening its executive team with the appointment of several industry veterans as it prepares for a surge in event-driven trading tied to the NFL season and the U.S. midterm elections. According to a CNBC report, the company has brought on Travis VanderZanden, founder of the ride-sharing app Bird, as chief growth officer (CGO), with oversight of marketing. This strategic hire comes at a pivotal time for the platform, which has seen increased user engagement and regulatory scrutiny. New Leadership and Compliance Focus In addition to VanderZanden, Polymarket has appointed Megan McGrath, a former…

ExchangesAug 24

EVM network halts block production after supply exploit as TON connection remains dark

TAC, an EVM network connected to TON, halted validator block production after the project said an exploited vulnerability affected the Cosmos-based EVM side of its network and, according to TAC, only the TAC token supply. In an Aug. 22 notice, the team said it was working with validators on a temporary halt that would take effect within minutes. TAC's official Telegram announcement channel subsequently described the halt as implemented and promised further findings and steps toward resuming the chain. A check of the TAC explorer API at about 1:03 p.m. UTC on Aug. 23 returned block 24,671,475, timestamped 11:58:11 p.m.…

BlockchainAug 24