Author: NBTC

Bridges Move Behind the Interface Near.com uses $NEAR Intents for swaps. Users specify the assets they have, what they want and the destination, while competing market makers—also called solvers—handle execution. The protocol’s documentation describes smart-contract verification of the agreed swap. “No navigating bridges, no new app,” $NEAR said. That removes a user-facing step, not the underlying bridge infrastructure. $NEAR Intents’ bridge documentation says it uses multiple bridges to move assets between its verifier contract and external blockchains, each with its own trust model. Near.com’s terms also say assets may be held or controlled within bridge infrastructure during transfers. Robinhood Chain…

The move followed reports of escalating attacks involving oil tankers around the Strait of Hormuz, raising concerns over disruption to a key global energy route. The resulting risk-off move also sent Brent crude toward $101.50 per barrel, while the U.S. 10-year Treasury yield climbed to around 5.31%. Higher oil prices have renewed inflation concerns, while rising Treasury yields can reduce demand for risk assets by increasing the returns available from government debt. Leverage added to the speed of the crypto decline. More than $400 million in leveraged long positions were liquidated during the Oct. 7 market flush, according to market…

A Missing Zero Opens the Vault The case stretches back to April 2021, when Uranium Finance, a BNB Chain decentralized finance (DeFi) automated market maker, was hit twice. Prosecutors said Spalletta first exploited a rewards-distribution flaw on April 8 and took about $1.4 million before returning roughly $1 million under what authorities described as a sham bug bounty. A message quoted in the indictment didn’t exactly help matters: “I did a crypto heist of $1.5MM a couple of weeks ago… There was a bug in a smart contract, and I exploited it… Crypto is all fake internet money anyway.” Then…

By the Numbers Currently, the broader crypto market reflects mixed signals, with no significant price movement reported for Pyth Network. However, the anticipation surrounding the upcoming conference indicates a shift in sentiment. Institutional players appear to be focusing on prediction markets, suggesting a growing interest in this innovative segment of the financial landscape. As such developments unfold, traders should keep an eye on how these discussions influence market dynamics. Pyth Network operates within the prediction markets domain, providing data services critical to financial decision-making. The organization aims to enhance the accuracy and accessibility of prediction markets, which are gaining traction…

Yet as soon as it reclaimed this threshold, selling pressure drove the price downward until it reached $85,150, where the second rally began. Unlike the first rally, during which the price barely cleared $86,000, the second rally saw it top $86,450 before consolidating above $86,200. By 1:15 p.m. EST, Bitcoin had pulled back to around $85,500, bringing its market capitalization to nearly $1.72 trillion. The modest gains kept the cryptocurrency in the green, nearly six days after entering October trading at roughly $83,700. On the derivatives front, tight price action drastically reduced total bitcoin position liquidations, from $109 million 24…

The public learned of Trump’s investment on September 22. Because Trump must file only periodic, rather than daily, trading disclosures, it’s impossible to know whether he continued to hold PTC through its buyout this week until he files a subsequent disclosure. If Trump did hold PTC from July 20, his trade has profited at least 53% as of yesterday’s close and as much as 64% if the deal closes at Schneider Electric’s full $205 per share offer. Trump to cash in by offering traders a sneak peak at his Truths Who chooses Donald Trump’s stock trades? The extent to which…

What Do Retail Users Do On Internet Computer? Most everyday activity falls into three areas. Chat And Wallets OpenChat is a messaging app that runs fully on the network. It offers private and group chats, file sharing, and built-in crypto payments in BTC, ETH, and $ICP. Users sign in with Internet Identity, a login that uses a fingerprint or security key instead of a password. OISY is a browser-based wallet incubated by DFINITY. It works across eight networks, including Bitcoin, Ethereum, Solana, and Internet Computer. It needs no browser extension or app download. Trading And Memecoins Odinfun is a Bitcoin…

By the Numbers Currently, the price data for Crypto.com is not available, reflecting a period of quiet trading. Observers should note that while the volume is absent, the sentiment around the tweet indicates that traders are actively engaging with the market’s dynamics. The lack of recent price action may suggest that traders are in a wait-and-see mode, gauging the impact of these shifting trends before committing to significant trades. Crypto.com operates as a cryptocurrency exchange and payment platform, facilitating buying, selling, and trading of digital assets. Their insights are crucial as they reflect the broader trends affecting the crypto market…

Two decrees, one message On 29 September, the Spanish government approved two emergency decrees on housing. They took effect within days, and a planned hearing in Congress was on Friday, October 2, and the decree didn’t pass, though it was a very close vote. Spain’s government did not pass these rules as a normal law. On 29 September, it approved two emergency decrees (reales decretos-ley). The Constitution reserves this tool for cases of “extraordinary and urgent need”. A decree-law takes effect immediately, and Congress then has thirty days to validate or repeal it. The government split the reforms into two…

Burry later explained that his Jan. 31 post was motivated by concerns about an approaching banking crisis, rather than a specific forecast that the Nasdaq-100 would collapse. Silicon Valley Bank and Signature Bank subsequently failed in March. By March 30, however, Burry publicly reversed course, writing that he had been “wrong to say sell.” He has since reiterated that the viral post is often shown without that later context. Still, the performance since then is extraordinary. The Nasdaq-100 has climbed about 157% since Michael Burry’s January 2023 “Sell” post. AI Turned the Nasdaq Into a Different Market The biggest reason…