Author: NBTC

Taiwanese singer and entrepreneur Jeffrey Huang, widely known in crypto circles as Machi Big Brother, is currently holding a substantial leveraged Ethereum position that has moved in his favor. According to data from AmberCN, Huang’s 25x long on $ETH is valued at approximately $48.22 million, with an entry price of $2,097 and a liquidation price of $2,253. As of the latest data, he is sitting on an unrealized gain of about $3.34 million. Context of Huang’s Trading Activity This profitable position stands in contrast to Huang’s broader trading record. By the end of last month, he had accumulated cumulative losses…

Bitcoin fell over the past 24 hours as traders positioned for a Federal Reserve decision that could break a market pattern dating back more than three decades. Data from CryptoSlate showed the largest cryptocurrency falling as much as 3% to $62,913, its lowest level in nearly two weeks, before recovering to $63,795 as of press time. The weakness comes ahead of the Fed’s July policy meeting, only the second under Chairman Kevin Warsh. The US central bank has kept its benchmark rate unchanged at 3.50% to 3.75% since December, while President Donald Trump has repeatedly pressed policymakers to lower borrowing…

$ANSEM shocked the crypto market by becoming one of the fastest-rising memecoins of 2026. Within a week, the Solana-based token recorded gains of more than 166,000%, reviving interest across the memecoin market and sending traders searching for the next early-stage opportunity. While $ANSEM is already trading publicly, projects like MemeToro ($MT) are attracting attention during the presale phase by combining artificial intelligence with memecoin creation on $BNB Chain. How $ANSEM Delivered a 166,000% Rally $ANSEM, also known as The Black Bull, became one of the year’s biggest crypto stories after climbing 166,590% in one week. The token reached a high…

Former Cyworld Z CEO Kim Ho-kwang has formally requested that financial authorities and relevant agencies investigate alleged deceptive investment solicitation involving the unlisted virtual asset RYSEN. According to a report by Digital Asset, Kim received information that materials were being circulated under the Cyworld brand to induce purchases of RYSEN tokens, prompting him to file a complaint document titled ‘Request for an investigation into deceptive investment inducement involving RYSEN and Sigma Chain Cyworld.’ Allegations and Concerns Kim’s complaint raises specific concerns about RYSEN’s operational structure. He argues that the token runs on the Sigma Chain mainnet and that authorities need…

KuCoin activated a rule after 08:00 UTC on Aug. 17 that moves USDT- and USDC-margined perpetual contracts to hourly funding settlement once their contract-specific funding cap or floor is reached. The change applies starting with the next funding period and will happen without a separate announcement, shortening the time between potential funding debits and credits for traders who keep positions open. Under the mechanism, the trigger is the funding rate at a scheduled settlement. If that rate is at or above the contract’s upper limit, or at or below its lower limit, KuCoin switches the contract to a one-hour interval…

The issue matters because Luke Dashjr and other BIP-110 supporters are discussing a hard fork that would replace the minority chain’s SHA-256d mining algorithm with BLAKE2b. Such a move would permanently create a whole new design, but the two networks would still share their transaction history from before the split. What Exactly Is a Replay Attack? Imagine someone holds 1 bitcoin before a hard fork. When the blockchain divides, the same historical unspent transaction output, or UTXO, exists on both networks. In practical terms, the owner controls corresponding coins on each chain with the same private key. Trouble begins if…

Developed by Breez in partnership with Bitcoin Spark, the Glow app lets users send stablecoins from their Bitcoin balance, while empowering developers to build better user experiences without having to worry about the difficult parts of building on top of Bitcoin. Breez’s SDK takes care of asset exchange in the background while supporting lightning payments through its Spark integration. “Glow is a Bitcoin app for everyone,” said the company in a press release shared with Bitcoin Magazine. Users can access the app on both Apple and Android app stores. Glow re-invents the Bitcoin wallet experience, deviating from the seed phrase…

The wallet known as “pension-usdt.eth” had been short ether for two months. On Thursday morning it was closed out after a surge across all major tokens, and lost nearly $24 million on the trade. The address had been one of the more successful short sellers of the year, with roughly $49 million in profits from betting against crypto. Its recent record was a run of wins — nearly $6 million on a 60,000 $ETH short closed in June, $3.6 million on a 1,400 BTC short in the same month, $1.7 million on another bitcoin short in March. This single trade…

Strategy Inc. CEO Phong Le has announced a radical simplification of the mNAV formula, which governs the company’s issuance of new shares. The financial reform comes at a critical moment: according to the latest TradingView charts, Strategy’s key instruments and Bitcoin itself have suffered steep declines since the beginning of the year. Why change the formula now? The main change is the introduction of a fixed efficiency threshold of 1.0x, while the mNAV metric itself has risen to 1.07x. According to Le, this creates the simplest and most transparent trigger possible for restarting the equity “printing press.” The new formula…

On August 11, the CFTC invoked emergency powers for only the seventh time in its history to keep Kalshi running after New York filed a $36 billion lawsuit calling prediction contracts illegal gambling. The clash between federal derivatives law and state gaming enforcement may define the regulatory future of every crypto-adjacent market in America. When the Commodity Futures Trading Commission ordered a private company to ignore an active state lawsuit and keep its doors open, the agency crossed a line that no federal financial regulator had approached in more than four decades. The August 11 emergency order did not merely…