Author: NBTC

As the recovery process in the DeFi ecosystem expands following the KelpDAO-related rsETH crisis, a notable show of support has come from the Solana Foundation. The foundation announced it will contribute to the recovery efforts by providing $USDT to the Aave platform for the first time. Lily Liu, President of the Solana Foundation, stated that this step was taken not only to support Aave but also for the overall health of the DeFi ecosystem. Liu said, “Economies are not isolated. For Solana to be healthy, all of DeFi needs to be healthy.” According to the announcement, the Solana Foundation is…

Publicly traded AI and blockchain firm Eightco Holdings ($ORBS) has upped its investment in leading artificial intelligence firm OpenAI, making an additional $40 million investment in the firm behind popular chatbot ChatGPT. The investment brings its total backing to $90 million in the firm led by co-founder and CEO Sam Altman, accounting for 30% of its entire treasury. “We believe our investment in OpenAI represents a transformative opportunity not only for $ORBS, but for our shareholders,” said Eightco CEO Kevin O’Donnell in a statement. “Access to high-growth private companies has historically been limited to institutional investors, and we’re proud to…

In brief Algorand surged more than 40% over the past week after Google cited its “real-world deployment” of post-quantum protocols in a research paper. Render gained almost 10% in 24 hours, driven by AI demand and adjacency to the trend. Myriad users see an 82% chance that oil hits $120 next, as geopolitical uncertainty persists. Algorand has extended its rally over the past week, supported by a recent citation in a Google research paper singling out the blockchain as an early adopter of post-quantum protocols. Algorand jumped around 13% in the past 24 hours to $0.12, according to CoinGecko data,…

Coinbase has partnered with Nium to enable global payments using USD Coin, expanding stablecoin use in cross-border transactions. The integration reflects growing demand for faster settlement and reduced reliance on traditional banking infrastructure. Key Takeaways: Coinbase expands $USDC payments through Nium’s network across 190+ countries. Nium clients can fund payouts in $USDC and settle to local currencies. Coinbase provides stablecoin payments, liquidity infrastructure, wallet services, and custody. Nium Clients Gain $USDC Payout Access Through Coinbase Integration Crypto exchange Coinbase (Nasdaq: COIN) has partnered with global real-time cross-border payments infrastructure provider Nium to enable global payments using USD Coin ($USDC). The…

X Layer has entered a strategic partnership with Ethereum Foundation’s Decentralized AI (dAI) to create a robust launchpad for AI stakeholders planning on utilizing both the Ethereum Mainnet and X Layer. The convergence of AI and blockchain technology will transform the world as we know it and is part of a larger trend to help create an enhanced and more decentralized agentic economy. Strategic Alignment for the Agentic Economy The alliance brings together a common vision of independent AI agents capable of affecting complicated financial transactions using blockchain technology without requiring constant human supervision. The partnership with the Ethereum Foundation’s…

Oil is sliding. Bitcoin is climbing. And a trader who has made $116 million in five months just opened a $51 million bet that the gap between them is about to widen significantly. The position – a short on Brent crude opened today – was flagged by analysts on X. The timing is deliberate. Crude is down 0.52% to $110.96 and Brent has fallen to $108.53 as ceasefire talks between the US and Iran gather momentum. Bitcoin is simultaneously trading at $69,894, up 4.30% on the day. This is a pattern that has played out multiple times since this war…

The easiest take after a $290 million exploit and a roughly $13 billion slide in DeFi total value locked is that decentralized finance is broken again. It is also probably the laziest. The KelpDAO exploit over the weekend was serious. It appears to have started with a targeted attack on infrastructure used in LayerZero’s verification stack, not a smart contract bug as commonly seen in other exploits. LayerZero has preliminarily linked the incident to North Korea’s Lazarus Group, and said the attack succeeded because Kelp had opted for a single-verifier setup despite repeated recommendations to use a more resistant configuration.…

Electric Capital published a research report on Monday, cataloging 501 distinct sources of real-world yield and cross-referencing them against tokenized assets with meaningful on-chain traction today. The venture firm found that only 34 of those yield sources have any on-chain presence above $50 million, and they cluster in familiar territory: U.S. Treasuries, private credit, corporate bonds, and non-U.S. sovereign debt. The remaining 93% fall into seven groups defined by what’s blocking tokenization, ranging from legal structuring challenges for asset-backed securities to real-world integration hurdles for commodities and compute infrastructure. Distribution is the Bottleneck Perhaps the report’s sharpest observation concerns distribution.…

The Shiba Inu ($SHIB) ecosystem today has faced a serious ideological split. While the key opinion leader, Shytoshi Kusama, is urging the community to prepare for some kind of global spiritual shift, large investors are responding with a massive move of tokens into fiat, seemingly demonstrating dissatisfaction with the new development direction. The discussion erupted after Kusama’s publication about the arrival of the “next appointed time.” While the community assumed this was a signal for a price rally of the token, Kusama clarified that this has nothing to do with the $SHIB price and that he was referring to some…

Kbank has partnered with blockchain company Ripple to test on-chain remittances, marking a significant step in modernizing cross-border payment systems. The South Korean bank announced the strategic partnership at its Seoul headquarters, aiming to verify the effectiveness of a blockchain-based remittance structure. This collaboration leverages Ripple’s global payment network and infrastructure to assess potential improvements in processing speed, cost structure, and transaction transparency. Kbank Ripple Partnership: A New Era for Cross-Border Payments The Kbank Ripple partnership represents a focused effort to address long-standing inefficiencies in international money transfers. Traditional remittance systems often involve multiple intermediaries, resulting in delays of one…