Author: NBTC

The Sui blockchain has strategically integrated with the RedotPay payment service, marking a significant advancement for global cryptocurrency adoption and real-world utility. This partnership, announced officially on March 25, 2025, directly connects Sui’s high-performance Layer 1 network with a payment platform boasting over seven million users. Consequently, users across more than 100 countries can now transact using $SUI and $USDC stablecoins on the Sui network through a familiar payment interface. This move represents a concrete step toward bridging decentralized finance with mainstream commerce. Sui Blockchain and RedotPay: A Technical Integration Analysis The integration between the Sui blockchain and RedotPay is…

For all its talk of decentralized, autonomous, permissionless finance, the DeFi sector’s response to Saturday’s $290 million Kelp DAO hack tells a different story. The firms involved are playing a messy, very human blame game over responsibility for the $14 billion fallout. While the projects shirk responsibility, users have funds stuck in what had been considered the safe, reassuringly boring side of DeFi, and are potentially facing haircuts to cover bad debt. Meanwhile, amid the uncertainty, the industry as a whole bleeds credibility. Influential voices are urging the three key parties involved to get together and come up with a…

OP Labs, the core development team behind the Optimism (OP) blockchain, has launched a groundbreaking enterprise privacy solution called “Privacy Boost” on February 15, 2025, marking a significant advancement for institutional blockchain adoption. This technology directly addresses the critical industry challenge of balancing transaction anonymity with stringent global regulatory requirements. Consequently, it opens new avenues for financial institutions, corporations, and developers seeking compliant privacy on public ledgers. Privacy Boost: A Technical Deep Dive Privacy Boost represents a sophisticated fusion of two advanced cryptographic and hardware security technologies. Firstly, it integrates Zero-Knowledge (ZK) proofs, a method allowing one party to prove…

$SPK, the native governance asset of the Spark protocol, is up 1.21% during Tuesday’s U.S. market hours to currently trade at $0.027. The buying pressure followed a capital rotation to leading protocol Sparklend as its major competitor AAVE got caught in the recent Kelp DAO rsETH exploit. The price jumps offer a major breakout from key resistance level, signalling an opportunity for potential recovery in near-term. Sparklend Gains $1.4B as Kelp DAO Hack Shakes DeFi Markets On April 18, 2026, Kelp DAO was exploited in a devastating $293 million attack, the biggest DeFi hack of the year. The attacker manipulated…

HONG KONG, April 2026 – In a significant announcement that signals a major shift for the automotive industry, Feng Qingfeng, CEO of the iconic British sports car manufacturer Lotus Cars, revealed a comprehensive vision to fundamentally reshape the future of mobility. Speaking at the prestigious 2026 Hong Kong Web3 Festival, Feng detailed plans to deeply integrate artificial intelligence (AI) and blockchain technology across the company’s operations, from personalized driving experiences to global supply chain management. This strategic pivot, reported by Foresight News, positions the 77-year-old performance brand at the forefront of the convergence between high-performance engineering and cutting-edge digital innovation.…

Over $10 billion has exited Aave after the Kelp DAO exploit, but the capital hasn’t all gone to one place. After the roughly $292 million exploit broke the cross-chain backing of rsETH, users have spread capital across safer, simpler venues rather than rotating into a direct replacement. Aave’s total value locked has fallen about 40%, according to DeFiLlama data, as impaired collateral triggered market freezes, stalled liquidations, and forced deleveraging, pushing users to withdraw or close positions. Some of that capital has moved into Maker-linked Spark, which has emerged as the clearest relative winner. Its TVL has risen around 10%…

The next major development in cryptocurrency is centered on autonomous financial agents rather than merely new currencies or trading platforms. These are computer programs that can manage finances and complete transactions without human guidance. This week’s Hong Kong Web3 Festival’s central thesis was that a significant shift in the industry is imminent. Authorities and leaders discussed a future where AI bots manage and complete cryptocurrency transactions independently. These agents are able to assess a situation, make a decision, and act without any assistance. In the realm of cryptocurrency, people live on blockchains and engage in day-and-night trading, token purchases, and…

Welcome to our institutional newsletter, Crypto Long & Short. This week: Jennifer Rosenthal on the need to protect the people actually building DeFi infrastructure. Alexis Sirkia on how Ethereum’s L2 strategy is failing due to a fundamental design flaw. Top headlines institutions should pay attention to by Francisco Rodrigues. Aave’s Market Share Slides After rsETH Exploit in Chart of the Week. -Alexandra Levis Expert Insights Protecting the people building DeFi infrastructure By Jennifer Rosenthal, chief communications officer, DeFi Education Fund There has been a consistent uptrend in traditional finance companies announcing DeFi-related initiatives, and it’s exciting that these companies embrace…

The crypto market is currently undergoing a significant change in how success is measured by the network. Total Value Locked (TVL) was historically used to measure success, but the crypto community is now prioritizing Monthly Active Addresses (MAA) to better represent the use of the network in actual transactions and the retail uptake of the network. Data from Phoenix Group indicates a stark contrast in active users on Layer-1 and Layer-2 protocols across the 3 main active networks by user volume. $BNB Chain and Solana – The Retail Heavyweights Recent metrics demonstrate $BNB Chain continues its dominance on a monthly…

While the turmoil in DeFi markets continues following the KelpDAO-related rsETH crisis, a new sign of recovery has emerged from Aave. Stani Kulechov, the founder of the protocol, stated in his comments on the latest developments that intensive work is underway to both reduce losses and rebalance the system. Kulechov stated that the past few days have been quite busy, with the team prioritizing the protection of user interests and restoring orderly functioning in the markets. According to the statement, the Aave team is working simultaneously on multiple solutions with various stakeholders. Related News Bitcoin (BTC) Is Gaining Momentum Again…