Author: NBTC
Orbiter Finance, a Layer-2 cross-chain bridge protocol, today disclosed an important partnership with TRON, a Layer-1 blockchain network that aims to facilitate high-speed, low-cost transactions and the deployment of DApps (decentralized applications). Through this alliance, the two networks joined their respective technological strengths to enable further advancement of blockchain interoperability and decentralized finance interconnectivity. Orbiter Finance, popularly recognized by its native OBT token, is a decentralized cross-chain bridge protocol that utilizes ZKP (zero-knowledge proofs) to facilitate rapid, secure asset movements across various chains, helping to resolve fragmentation problems in the decentralized multichain environment. Since its launch in April 2021, Orbiter…
Ethereum developers, fresh off last month’s successful Fusaka upgrade, which cut down costs for nodes, are already moving full-steam ahead on planning the blockchain’s next major change. Enter “Glamsterdam.” The name is a portmanteau of two simultaneous upgrades taking place on Ethereum’s two core layers. The execution layer, where transaction rules and smart contracts live, will undergo the Amsterdam upgrade, while the consensus layer, which coordinates validators and finalizes blocks, will see an upgrade known as Gloas. At the heart of Glamsterdam is enshrined Proposer-Builder Separation (ePBS), formally tracked as EIP-7732. The proposal would bake into Ethereum’s core protocol a…
Cryptocurrency investment products faced heightened selling pressure last week as crypto funds recorded a second consecutive week of outflows amid ongoing negative sentiment in the markets. Crypto exchange-traded products (ETPs) saw $1.17 billion in outflows last week, up around 70% from $360 million recorded the previous week, CoinShares reported Monday. CoinShares’ head of research, James Butterfill, attributed the sell-off to the ongoing negative crypto market trend following the Oct. 10 flash crash, along with uncertainty over a potential US interest rate cut in December. ETP trading volumes stayed elevated at $43 billion for the week, Butterfill said, noting a brief…
Hong Kong is plotting a move to unlock a multi-billion dollar capital pool for digital assets and related infrastructure, potentially marking a watershed moment for institutional crypto adoption in Asia. The Hong Kong Insurance Authority (IA) is proposing new rules that would allow the city’s 158 authorized insurers to channel funds into assets, including cryptocurrencies, according to a Dec. 4 presentation seen by Bloomberg. While the proposal signals an institutional thaw toward crypto, the regulator is still keeping its guard up with a conservative risk framework. The proposal requires insurers to keep aside a dollar in reserve for every dollar…
The rise of AI-powered no-code tools that allow users to create applications through linguistic prompts rather than computer code, decentralized through blockchain technology, will challenge Amazon Web Services’ (AWS) dominance of the cloud computing market. No-code tools will democratize access to app creation and custom-tailored user experiences that will require constant updates and maintenance from AI, Lomesh Dutta, vice president of growth at the Dfinity Foundation, a non-profit organization that guides development of the Internet Computer Protocol (ICP) ecosystem, told Cointelegraph. This rise of user-created applications eliminates the need for centrally managed software solutions stored on centralized servers. AWS continues…
Ethereum hovered near $2,977 as traders tracked big Binance staking wallet moves, repeated support retests, and liquidation pressure building above spot. Together, the charts frame a market watching whether ETH can hold key levels and challenge nearby resistance. Arkham Data Shows Large ETH Moves Between Binance Staking Wallets Arkham’s transfer page shows multiple large Ethereum outflows between two Binance labeled wallets, “Binance: Eth2 Staking (0xF17)” and “Binance: Eth2 Staking (0xBdD).” The log includes recent transfers of 80,000 ETH marked “1 day ago” and another 80,000 ETH marked “5 days ago,” alongside older moves such as 20,000 ETH and 70,000 ETH…
By Omkar Godbole (All times ET unless indicated otherwise) The cryptocurrency market received a threefold boost, nudging bitcoin BTC$105,940.05 toward a key test of a former support-turned-resistance zone above $106,000. What happens afterward could set the tone for the next major leg in the cycle. Optimism was first sparked by a Truth Social post from President Donald Trump, who promised a $2,000 dividend to low-income Americans, funded by trade tariff revenues. The crypto crowd quickly decided the payout would be in the form of direct stimulus checks — a clear parallel to the 2021 Covid-era payments that helped propel unprecedented…
David Sacks announced on Dec. 18 that Senate Banking Chair Tim Scott and Senate Agriculture Chair John Boozman confirmed a January 2026 markup for the CLARITY Act. “We look forward to finishing the job in January!” The problem: a January markup isn’t finishing anything. It’s the opening move in a multi-year pipeline where the most contested questions haven’t been resolved, and statutory language still sits in brackets. The real work won’t begin until the bill clears a Senate floor vote, conference negotiations, and a presidential signature. The CLARITY Act passed the House in July alongside the GENIUS stablecoin bill. It…
Introduction Blockchain interoperability is core feature of the technology widely used by DeFi apps now-a-days. Investors feel attracted to the option of earning gains from many chains simultaneously. Users on Bitcoin blockchain can earn yield on Ethereum chain, and those on Ethereum chain have the option to move their assets, or wrapped versions of their assets, to other networks so that one blockchain remains connected to others. However, this interoperability and flexibility do not come without tradeoffs. They gives rise to issues that do not exist if assets remain on one chain. What are Blockchain Bridges? Blockchain bridges are the…
The Ethereum Foundation makes a clear strategic shift. It now places security ahead of raw performance for zkEVM development. After a year of dramatic speed and cost breakthroughs, the Foundation signals that the next phase focuses on long-term resilience. This decision reframes zkEVM progress from rapid experimentation to production-grade infrastructure. Speed Breakthroughs No Longer Define Progress zkEVM teams already delivered massive efficiency gains. Proving times dropped from roughly 16 minutes to around 16 seconds. Costs fell by nearly 45x over the same period. These achievements removed earlier usability barriers. Ethereum no longer needs to prove zk scalability works. It now…