Author: NBTC

How the New Cyber Program Takes Shape Foreign cybercrime networks could face a U.S. disruption program, President Donald J. Trump announced Aug. 12 in a National Security Presidential Memorandum titled “Expanding Capabilities to Combat Transnational Cyber-Enabled Crime.” The White House fact sheet frames the policy around ransomware, phishing, financial fraud, sextortion, and impersonation schemes targeting Americans. Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, connected the memorandum to efforts against cryptocurrency-related scams. He wrote on X on Aug. 12: “This action, while not crypto-specific, is a major step toward shutting down the scammers who exploit…

KakaoBank has renewed its real-name deposit and withdrawal account service agreement with South Korean cryptocurrency exchange Coinone for an additional year, according to a report from Newsis. The extension ensures that Coinone users can continue to use KakaoBank accounts for won deposits and withdrawals when trading virtual assets, maintaining the existing operational framework. Partnership Continuity in South Korea’s Crypto Market The renewed contract follows the completion of internal procedures by both companies, with Coinone also having submitted the required prior filing to South Korea’s Financial Intelligence Unit (FIU). This regulatory step is part of the country’s broader oversight of virtual…

Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated. Bitcoin price rejected near $65,000 According to data from crypto.news, Bitcoin ($BTC) price traded at $64,384.27 at press time, marking a 0.69% decline over the previous 24 hours. The pullback followed another unsuccessful attempt to break through the $64,800–$65,000 resistance zone. $BTC had recovered from approximately $62,400 earlier in the week and briefly tested the upper end of its recent range. However, buyers failed to secure a daily close above $65,000, allowing sellers to regain control near…

Only 150 unique venture capital firms have participated in crypto funding rounds in July, the lowest monthly count since November 2020, according to CryptoRank data through July 28. The figure captures how far the investor base has compressed since the last bull market: at the May 2022 peak, 1,177 investors wrote checks into crypto rounds in a single month, meaning participation has fallen 87%. The smaller funds, family offices and angel syndicates that crowded into rounds during 2021 and 2022 have largely exited, leaving a concentrated circle of established firms leading deals. The quarterly picture points the same direction. Some…

UK Reform leader Nigel Farage will face an investigation that had been briefly paused following his resignation from Parliament after winning a by-election on Thursday with no major party candidates participating. As of Friday, the UK Parliamentary Commissioner for Standards website showed that Farage was currently under investigation for “failure to register an interest” related to the Reform leader receiving millions of dollars’ worth of donations and gifts from two figures tied to the crypto industry. The investigation was halted in July after Farage resigned as a member of Parliament, but resumed following his reelection as Clacton’s MP. The commission…

Nexo Australia launched crypto-backed credit lines after becoming a credit representative under Australia’s National Consumer Credit Protection Act, the company said in a Tuesday announcement shared with Cointelegraph. The new credit lines allow eligible clients to borrow Australian dollars or stablecoins by using their cryptocurrencies as collateral without having to sell them. Funds are generally available within 24 hours with flexible repayments, with no fixed term or origination fees. Interest rates range from 0.9% to 21.9%, depending on the credit line and the client’s loyalty tier. Clients can choose between Smart and Standard credit lines, Peter Stanhope, general manager at…

In a Diary Of A CEO interview with Steven Bartlett, Strategy Executive Chairman Michael Saylor has said Bitcoin ($BTC) represents “Digital Capital” and artificial intelligence (AI) represents “Digital Intelligence.” Saylor described them as the technologies reshaping finance, business, and productivity. He said also the combination of scarce digital assets and AI could create new economic opportunities. Saylor Says Bitcoin Is Digital Capital, Challenging Gold, Stocks, and Real Estate On August 6, 2026, in a Diary Of A CEO interview, Saylor framed $BTC not merely as “digital gold” but as superior digital capital, a scarce, portable, programmable, globally transferable store of…

South Korea’s KOSPI index has lost more than the entire market capitalization of $BTC in the past 29 trading days. As of today’s opening, it’s price was ₩6,089, down 35% from an all-time high of ₩9,385 on June 19. This means that constituents of the country’s benchmark index have lost more than the $1.3 trillion value of all circulating $BTC in less than 30 trading sessions. Specifically, market caps of the index’s constituents have declined from ₩7,670 trillion ($5 trillion) on June 19 to today’s ₩4,960 trillion ($3.4 trillion). Although the decline was 35% denominated in won, the drop was…

Cardano co-founder Emurgo has been forced to hand over the running of self-styled “world’s largest crypto event” TOKEN2049 to the Cardano Foundation, following the $20 million hack of its neo-finance platform SecondFi. That’s according to Intersect, Cardano’s governance firm, which made the announcement on Tuesday. Intersect stated that Emurgo “is unable to allocate the necessary resources to plan and execute Token2049.” Emurgo added, “Following the recent SecondFi incident, we have confirmed that our priority right now must be solely the recovery of assets for all affected users.” As many in the community will know, EMURGO has recently been focused on…

The value of crypto-related investments held by Ivy League university Dartmouth College’s $9 billion endowment fell by more than $2 million in three months. In a Thursday filing with the US Securities and Exchange Commission (SEC), the trustees of Dartmouth College reported that the university endowment held about $12.4 million worth of the Bitwise Solana staking exchange-traded fund (ETF), the Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF as of June 30. The endowment held the same number of shares of each ETF, but the overall value dropped by about 15% since it reported holding $14.6 million as of…