Author: NBTC
Axelar, a well-known Web3 interoperability ecosystem, has announced its integration with Secured Finance, a DeFi protocol to borrow and lend digital assets, and Squid, a top cross-chain swap platform. As per Secured Finance, this integration is poised to substantially improve omnichain transactions. The platform revealed this integration on its official X account. Secured Finance integrates Axelar and @squidrouter! 🟠 🦾@Secured_Fi is a DeFi platform on @Filecoin with a vision of driving the adoption of USDFC and the FVM.With smooth omnichain transfers, users will have an enhanced experience, facilitating easy and fast fund movement… https://t.co/ev4T5iOn0F pic.twitter.com/iE9mYBFCoy — Axelar Network (@axelar) February…
A report has been making the rounds, claiming one of the biggest hedge funds in the world has a strategy of shorting Ethereum (ETH) with a $3.1B directional short position. The fund, allegedly Bridgewater, was seen as a potential target to attack that short position. Allegedly, the Bridgewater hedge fund has a strategy of shorting Ethereum (ETH) with a $3.1B directional short position. A page from the fund’s filings suggests that shorting ETH is one of the fund’s main material positions. Ever wanted to short squeeze the largest hedge fund in the world? Allegedly, this is Bridgewater’s portfolio composition going…
Blockaid, a cybersecurity firm specializing in blockchain security, said it raised $50 million in a Series B funding round to help expand research, engineering and product development. Ribbit Capital led the round, with backing from GV and existing investors including Variant and Cyberstarts, the company said. The funding comes as demand for blockchain security rises, with major financial institutions and fintech firms expanding their on-chain operations. Blockaid, which started operations in 2023 and raised $27 million in a Series A round, provides real-time threat detection for blockchain transactions. The company integrates directly with wallets and decentralized applications (dapps) to secure…
IOTA is ready to launch an enhanced mainnet protocol with EVM and MoveVM integrations. The IOTA Rebased protocol will boost the adoption and functionalities of RWAs and tokenizations. With the IOTA Rebased protocol, the network is reportedly set for its mainnet re-launch in early 2025. On social media platform X, Michael Atlan highlighted that the mainnet re-launch positions IOTA for real-world adoption. New IOTA Mainnet To Bridge DeFi and Institutional Needs Altan explained that IOTA is bridging the needs of Decentralized Finance (DeFi) and institutions through MoveVM and EVM integration. As CNF reported, the IOTA Foundation recently introduced the Rebased…
Despite blockchain’s promise, scandals Terra and FTX hinder crypto’s progress and trust in the industry. SEC targets Jump Crypto, accusing it of manipulative trading and violating securities laws in the TerraUSD case. Terra’s collapse shattered market confidence, leaving crypto companies and investors grappling with long-term damage. Miles Deutscher on X expresses frustration over the ongoing struggles in the cryptocurrency market. He highlights that despite blockchain’s potential in payments, tokenization, AI, and gaming, negative events overshadow the industry’s progress. The market, already shaken by the LUNA and FTX debacles, now faces another wave of skepticism. Moreover, politicians, celebrities, and scammers exploit…
LTP has obtained five key licenses from the Hong Kong Securities and Futures Commission, positioning itself as a regulated leader in the industry. The licenses, granted to its Hong Kong subsidiary LiquidityTech Limited, cover a broad range of regulated activities. With these approvals, LTP HK becomes the first virtual asset-focused prime brokerage licensed across multiple regulated activities. The licenses allow the firm to serve institutional clients, including proprietary trading firms, hedge funds, asset managers, and corporate investors. “Regulatory compliance is a fundamental pillar of our institutional prime brokerage services,” said Jack Yang, founder and CEO of LTP. “Being the first…
Este artículo también está disponible en español. The Bitcoin price crash to $91,000 was unexpected, driven by diminishing market dominance and rising volatility. Despite this setback, an analyst predicts an even bleaker outlook for the leading cryptocurrency. The formation of a bearish flag pattern suggests further price declines could be on the horizon, with the analyst projecting a steeper price plunge towards $90,000. Bearish Flag Pattern Signal Bitcoin Price Crash Pejman Zwin, a TradingView crypto analyst, released a chart analysis predicting a significantly bearish outlook for the Bitcoin price. The analyst based this gloomy forecast on the appearance of a…
Uniswap stands as the world’s leading decentralized exchange (DEX), transforming how digital assets are traded on the blockchain. What started as an experimental automated market maker (AMM) on Ethereum has evolved into the backbone of decentralized finance (DeFi), processing trillions in trading volume and setting new standards for permissionless trading. Uniswap’s Evolution Uniswap began as an automated market maker on Ethereum and has since redefined decentralized trading. From its first version to current implementation, each protocol upgrade has introduced precise, measured improvements to trading efficiency and user experience. These iterations have consistently expanded trading capabilities while maintaining the core principle…
Ethereum NFT game Fantasy Top is expanding from layer-2 network Blast after its buzzy launch last year. On Wednesday, the developers announced that a free-to-play version of the game will debut on the just-launched testnet of new layer-1 blockchain, Monad. The game, which mirrors traditional fantasy sports, replaces football and basketball stars with the top crypto social media personalities on X (formerly known as Twitter) that it calls “heroes.” For example, like athletes earn for performance on the field, like scoring a touchdown, “heroes” earn points for their social engagement metrics. Crypto personalities like Ansem, ThreadGuy, Truth Terminal, and many…
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is poised to continue its price drop due to the current market sentiment and bearish price action. Today, February 19, 2025, a 3.5% price drop in the past 24 hours has pushed Ether to a crucial level, where a slight further decline could bring the asset near the $2,000 mark. Ethereum Price Action and Current Momentum With a 3.5% price drop in the past 24 hours, ETH is currently trading near $2,620 and has been attracting notable interest from traders and investors, resulting in a 10% jump in trading volume. According…