Author: NBTC

Polkadot was called an “Ethereum killer” because it was built by Ethereum’s former chief technology officer to solve the scaling problems Ethereum hadn’t fixed yet, using a design of connected, independent blockchains instead of one congested chain. Bloomberg gave Polkadot that nickname in December 2020, and for about a year, the label stuck. Ethereum’s own roadmap eventually solved the same problem differently, through Layer 2 rollups, and that shift changed how the two networks are compared today. Who Built Polkadot And Why? Gavin Wood co-founded Ethereum and wrote its Yellow Paper, the technical document defining how the network runs. He…

KuCoin has confirmed the completion of a token swap for BounceBit (BB) following recent security incidents. The old BB token has been converted to the new BB token at a 1:1 ratio for all users. This action, as reported by @kucoincom, aims to enhance user safety and will allow trading to resume for the BB/$USDT pair on September 11, 2026. For further details, visit the announcement. Inside the Move The broader crypto market is exhibiting mixed signals, but the focus is on KuCoin’s recent announcement regarding BounceBit. Following security incidents affecting BounceBit, the exchange has successfully executed a token swap,…

Solana is launching its Accelerate China initiative from October 16 to 22, which aims to connect talent, ideas, and capital across key cities like Shanghai, Hangzhou, Shenzhen, and Beijing. As reported by the CryptoTwitter commentator @solana, this initiative underscores the growing importance of collaborative ecosystems in blockchain technology. It highlights potential future enhancements in Solana’s influence within China’s rapidly evolving digital finance landscape. Breaking It Down The upcoming Solana Accelerate China event is expected to significantly impact the local blockchain landscape. With cities like Shanghai and Beijing hosting events, the initiative aims to bring together innovators and investors, fostering a…

A major change has taken place in the Bitcoin market: its main long-term support level, the 200-week moving average (200WMA), has officially risen above $65,000. Blockstream CEO Adam Back drew attention to this milestone by sharing a new chart from Look Into Bitcoin. The market’s mathematical “floor” has reached a new all-time high, climbing from $64,000 in August to its current level in just one month. Anatomy of Bitcoin’s new floor: How the market’s key indicator works and how much Bitcoin is worth today The 200WMA reflects Bitcoin’s underlying long-term trend by averaging its price over the past four years,…

TL;DR Ondo Finance says its $USDY tokenized yield product is expanding across Solana DeFi venues. $USDY is a yield-bearing tokenized note backed by short-term US Treasuries and bank deposits, not a conventional $1 stablecoin. The expansion builds on Ondo’s wider effort to make tokenized real-world assets usable inside DeFi rather than leaving them as passive holdings. Ondo Finance is pushing its tokenized US dollar yield product further into the Solana ecosystem, adding more places where $USDY can be used rather than simply held. The move matters because tokenized real-world assets are increasingly being judged on utility, not just issuance volume.…

A whitehat moved 3,832 non-fungible tokens from hundreds of wallets on Friday amid concerns about a vulnerability involving $NFT marketplace Magic Eden. $NFT community member who goes by Cirrus on X flagged the activity on Friday, saying a single wallet moved 3,832 NFTs from hundreds of wallets. Cirrus said the transactions appeared as sales through Magic Eden and advised $NFT holders to revoke permissions as a precaution. Shortly afterward, Yuga Labs’ pseudonymous vice president of blockchain, 0xQuit, said the transfers were part of a white-hat operation. He said the NFTs held in the receiving wallet are safe and “will be…

The Ethereum price has cooled from $2,800 toward $2,660, but network activity isn’t showing the same weakness. Gas Used remains strong at roughly 217.1 billion, while Priority Fees have jumped sharply, suggesting demand for Ethereum block space is still holding up. That doesn’t automatically mean another rally is coming. Still, the underlying numbers aren’t exactly screaming deterioration either. Ethereum Price Gets Support From Network Activity $ETH climbed from around $1,900 to $2,800 before pulling back toward $2,660. During that correction, Gas Used increased a modest 0.26%, reaching approximately 217.1 billion. The lack of a major decline matters. It suggests demand…

Zcash holds a special place among crypto’s original cypherpunks because it was built by people from that exact community to solve the exact problem they cared about most: private digital money. The coin’s zero-knowledge cryptography, its founder’s direct ties to the 1990s cypherpunk mailing list, and its refusal to treat privacy as optional marketing have made it a rare project that still earns respect from the people who wrote crypto’s founding philosophy. What Is the Cypherpunk Movement, and Why Does It Matter to Zcash? The cypherpunk movement began in the late 1980s and early 1990s as a loose group of…

1inch has officially launched its expansion into the HyperEVM ecosystem, allowing for gasless swaps and enhanced trading features. This integration promises intent-based swaps, cross-chain transactions without the need for bridges, and self-custody options. As noted by the commentator @1inch, this move signifies a substantial enhancement for users, setting a new standard in decentralized finance. What Happened The recent announcement from 1inch about its launch on HyperEVM reflects a broader trend of innovation within the decentralized trading space. By introducing features like gasless transactions and MEV protection, 1inch aims to streamline user experience and enhance liquidity. The broader crypto market currently…

Infosys has entered into a strategic partnership with Chainlink to enhance institutional onchain finance capabilities. This collaboration aims to standardize the adoption of Chainlink’s platform, which includes critical tools for financial institutions. The partnership could play a significant role in connecting major financial entities to onchain markets, as detailed in a recent tweet. The Key Development The partnership between Infosys and Chainlink represents a notable development in the blockchain finance landscape. Infosys, a $40 billion global IT leader, supports critical banking and payments infrastructure for over 1.7 billion customer accounts worldwide. By integrating Chainlink’s technologies, including the Cross-Chain Interoperability Protocol…