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.

Binance handed user data to Russia that led to a Ukrainian donor's arrest

Binance gave Russian authorities customer records later used to charge a Russian IT specialist with financing terrorism over donations to Ukrainian groups, according to a report by Reuters on Monday. The exchange identified Yuri Belenkiy as the source of transfers worth more than $700, Reuters reported, citing law enforcement documents. Binance also allegedly provided his date of birth, address, phone number and passport number, alongside copies of his Russian passport and Bulgarian residency permit. Russian authorities detained Belenkiy in September 2025 and he remains in jail awaiting trial. Russia’s Investigative Committee alleged that Belenkiy made the payments between January 2023…

ExchangesAug 21

Bitcoin Whales Move $99.4M Off Exchanges: What It Signals

Four newly created anonymous wallet addresses have collectively withdrawn 1,540 Bitcoin — worth approximately $99.4 million — from crypto custodians Galaxy Digital and BitGo within the past three hours, according to on-chain analytics platform Lookonchain. Large exchange outflows are often interpreted by market analysts as a signal that investors intend to hold their assets long-term, rather than sell them on the open market. When Bitcoin is moved from exchange wallets to private custody, it reduces the liquid supply available for trading, which can have a supportive effect on price over time. Understanding the On-Chain Data Lookonchain, a widely followed blockchain…

BitcoinAug 21

Cardano's Next Major Upgrade Almost Here: What's Left?

Intersect shares a fresh update on the van Rossem hard fork status in a recent post on X. The intra-era hard fork to Protocol Version 11 will boost Plutus performance, improve ledger consistency as well as the security of nodes. This upgrade also introduces enhanced primitives, VRF key uniqueness, and updated reference input rules. van Rossem hard fork update ⚙️ As we approach the final 12 hours of epoch 642, a look at the current hard fork status - 93% block production on node version 11 - 84.15% exchange readiness by liquidity - Hard fork working group has voted to…

AltcoinsAug 21

Regulators Target Goliath, CEO Delgado

Goliath Ventures and its CEO, Christopher Alexander Delgado, are facing action from two US financial regulators over the same alleged crypto Ponzi scheme. The actions came two months after Delgado pleaded guilty to charges in the case. Regulators Target Goliath The Commodity Futures Trading Commission filed a complaint against the company and Delgado in the US District Court for the Middle District of Florida. The Securities and Exchange Commission filed separate charges on the same day. The regulators allege that Goliath raised hundreds of millions of dollars from investors by promising to generate profits through crypto asset trading and liquidity…

LegalAug 21

BitMart shutdown gets messy as staff speak out over unpaid wages

The closing down of BitMart has turned into a test of trust for the crypto exchange industry as a whole. Current and former employees and users already locked out of the exchange are demanding to know where their unpaid salaries and funds stand. The conflict arises as traders monitor the indicators of stress among mid-size exchanges. From the perspective of users, BitMart stands for the fact that an exchange can use terms like “responsible” and “orderly” when talking about shutting down the business while users are left waiting for their money. This difference between the official statements and the reality…

ExchangesAug 21

Bitcoin LTHs are finally selling – But here’s why BTC’s bottom may be near

Bitcoin’s [$BTC] long-term holders (LTH) are beginning to change their behavior. This comes after accumulating at record levels, signaling a possible shift in the current cycle. LTH supply recently turned lower after climbing toward 16 million $BTC, while short-term holder supply remained comparatively subdued. This trend is similar to previous cycles of LTH supply curves, which reflect how early on experienced investors sell part of their portfolios when prices rise. That said, this cycle has developed differently. The first major price run-up was about 31 months long, compared to 8, 17, and 16 months from previous cycles. Continued ETF inflows,…

BitcoinAug 21

Ethereum explores UTXO-style model as storage demands grow — Can it scale more efficiently?

Ethereum [$ETH] is reconsidering how it scales as the growing amount of network data makes running a full node increasingly demanding. As accounts and smart contracts expand, full execution nodes now require roughly 0.9 to 1.3 TB of storage. Moreover, baseline state growth can approach 100 GB annually, meaning higher throughput could make running nodes progressively more demanding. This explains why Ethereum’s Vitalik Buterin is looking beyond simply processing more transactions and towards reducing what nodes must retain. On a post on X, he credited Bitcoin developers for Utreexo, a system that lets nodes store far less data. According to…

EthereumAug 21

Bitcoin Drops to $63,200 as AI Fears Impact Markets in Global Sell-Off

Something snapped in global markets on Tuesday, and AI fears were right at the center of it. Bitcoin dropped 2.7% to around $63,200 after the U.S. market close, dragged lower as a wave of selling swept through Asian tech stocks on concerns about whether the world’s massive bet on artificial intelligence infrastructure can actually hold up. The sell-off wasn’t just a crypto story — it hit semiconductors, futures, and chipmakers from Seoul to Amsterdam. Key takeaways Bitcoin fell 2.7% to around $63,200 after the U.S. market close; Ether, $XRP, and Solana also declined. South Korea’s Kospi plunged over 10%, with…

RegulationAug 21

Week in Review – July 6 – July 12

General Updates Neo released Neo-CLI v3.10.1, a patch update that sets the Gorgon hard fork activation heights, targeting TestNet on approximately July 24 and MainNet on Aug. 1. The release also fixes an RPC wallet bug that was breaking ordinary transfers since v3.10.0 was deployed to MainNet on June 26. BitGo integrated the Neo X network, making institutional-grade custody and wallet services available for the EVM-compatible sidechain. Neo Global Development announced the integration on July 7. Through the integration, institutional clients can now custody and manage Neo X assets using BitGo’s multi-signature wallet infrastructure. NGD stated the integration is aimed…

AltcoinsAug 21

CFTC prediction markets guidance warns incentive programs risk wash trading

The CFTC is putting prediction market operators on notice: too many of them are filing incentive programs that don’t hold up to scrutiny, and some of those programs could be quietly encouraging the exact kind of trading behavior regulators are supposed to catch. In fresh guidance issued Wednesday, the U.S. Commodity Futures Trading Commission warned that cftc prediction markets oversight is running into a growing pile of paperwork that’s either incomplete or built around risky trading incentives. CFTC Enhances Guidance on Prediction Market Compliance The core message from the regulator is simple: firms trying to juice trading volume through rewards…

LegalAug 21