Author: NBTC
Gondor, a DeFi startup backed by Maven11 Capital and others, has completed an angel round to launch a lending protocol that lets traders borrow against their Polymarket positions. Summary Gondor is building a “DeFi layer for prediction markets,” starting with a borrowing protocol for Polymarket users. The platform enables trading on real-world events, but traders’ capital is locked until markets resolve. Gondor’s solution allows users to use open positions as collateral, unlocking liquidity and improving capital efficiency. Gondor, a decentralized finance startup building a “DeFi layer for prediction markets,” has announced the completion of its angel round of funding. The…
Wall Street is piling into ETH, with BitMine and SharpLink leading multi-billion dollar buys. Ethereum treasuries generate yield, setting them apart from Bitcoin’s store-of-value role. Institutional demand is rising, with $60K ETH forecasts and BlackRock exploring staking. Ethereum is getting a lot of attention from big companies. A recent Reddit discussion highlighted how Fundamental Global Inc., a Nasdaq-listed firm, plans to raise five billion US dollars and use most of it to buy Ethereum. The company wants to hold ETH for the long term, stake it, and use it in DeFi to earn more ETH. This puts them in the…
Shares in leading publicly traded crypto companies and digital asset treasuries like Strategy (MSTR) and Coinbase (COIN) dropped after the opening bell on Wednesday before rebounding to 1.95% and 0.5% gains, respectively. But over the last month the pair have experienced extended losses, falling nearly 20% and 27% respectively. They’re underperforming crypto majors like Bitcoin and Ethereum, which have respectively fallen 3.7% and gained 13.4% over that timeframe. For Strategy, it marks the lowest shares have traded since April. While the drops coincide with a broader crypto market selloff, potentially due to concerns over inflation and other macroeconomic data, crypto-related…
Oasys Blockchain, a popular tokenized asset gateway, has partnered with Babylon, a prominent Web3 and blockchain infrastructure firm. The partnership aims to redefine the Oasys Blockchain ecosystem into a Bitcoin Supercharged Network (BSN), permitting $BTC stakers to take part within the chain. As the platform revealed in its official social media announcement, this move denotes an exclusive landmark in merging finance and gaming. Keeping this in view, the duo is poised to widen opportunities across diverse real-world asset (RWA) projects and fortify the gaming sector with robust Bitcoin infrastructure. Oasys and @babylonlabs_io are teaming up!We’re excited to announce our collaboration…
Lido launched Identified Community Staker applications on Ethereum mainnet, creating a verification track that gives individuals priority terms in the protocol’s Community Staking Module. Per Lido, ICS uses a points system across experience, engagement, and humanity. Applicants must meet minimum thresholds in each category and reach at least 15 points to qualify. The program is designed to tilt CSM capacity toward independent operators after the permissionless opening earlier this year brought a wave of registrations. Lido reports that about 450 operators signed up following the January permissionless shift, which reduced room for smaller setups to deposit validator keys. ICS applicants…
Ethereum recently faced heavy selling pressure near the $4.8K region, echoing the heightened volatility seen across the broader crypto market. While the long-term bullish structure remains intact, ETH has now pulled back into a critical support area. The key question is whether buyers can defend this zone or if a deeper correction is on the horizon. ETH Price Technical Analysis By Shayan The Daily Chart On the daily chart, Ethereum has clearly entered a corrective phase, with selling pressure and profit distribution weighing on momentum. This decline has pushed the asset toward the $4K psychological support, which also aligns with…
During a recent appearance at SALT’s Wyoming Blockchain Symposium, prominent American financier Anthony Scaramucci stated that he believes that crypto will be able to gain mainstream acceptance in the same way as ride-hailing giant Uber. “So it’s just the forces are such that these things will happen whether Wall Street is fully embracing it or not,” Scaramucci said. Uber comparison “I mean, obviously, Larry Fink is ready for tokenization. He sees the vision of it. I think that the traditional banks are probably going to take regulatory guidance from places like the Fed or the SEC before they move forward,”…
GaFin, a well-known Web3 gaming platform, has partnered with Cyber Crash, a cyberpunk-themed RPG. The partnership aims to establish a cyberpunk universe with seamless merger of Web3 and Web2 elements to redefine the Web3 gaming experience. As the GaFin’s official social media announcement discloses, the development is set to provide players with an immersive RPG environment. Hence, this initiative is set to advance decentralized gaming and real-world player rewards to drive deeper engagement. 🚀 PARTNERSHIP ANNOUNCEMENT 🚀@Gafin_io x @CyberCrashRpgWe’re excited to announce our partnership with CyberCrash RPG — a next-gen cyberpunk universe where Web2 and Web3 collide! ⚡️To kick things…
Lumia, the oracle layer of Web3, which also acts as the liquidity layer, has announced a strategic partnership with Alchemy, a top-level blockchain development platform. This partnership aims at upgrading the existing core infrastructure of Lumia by using Alchemy’s Remote Procedure Call (RPC) nodes. This upgrade will greatly enhance the speed and credibility of Lumia and will also enable it to scale; especially within the institutional space and high-end blockchain developers. Upgrading to an Industry-Grade Infrastructure The highly competitive and performance-centric world of Decentralized Finance (DeFi) asks for best performance. For Lumia, which aims to become a reliable source of…
Aave Labs has launched Horizon, its new platform dedicated to institutional borrowers to access stablecoins using tokenized versions of real-world assets (RWAs) like U.S. Treasuries as collateral. At launch, institutions will be able to borrow Circle’s USDC, Ripple’s RLUSD and Aave’s GHO against a set of tokenized assets, including Superstate’s short-duration U.S. Treasury and crypto carry funds, Circle’s yield fund, and Centrifuge’s tokenized Janus Henderson products. The platform aims to offer qualified investors with short-term financing on their RWA holdings and allow them to deploy yield strategies. With Horizon, first announced in March, Aave aims to tap into the rapidly…