Author: NBTC

APR, APY and Supplier Yield Are Different Numbers The $USDT reserve interface labels its borrowing quotation “APY, variable,” while its rate-model chart uses variable borrow APR. **Variable borrow APR** is the annualized rate used in the debt-accrual calculation, before expressing the effect of compounding. It is not a fixed quote for the loan’s duration. **Borrow APY** expresses an annualized compounded cost assuming the quoted rate stays unchanged. Aave’s rate-formatting code converts APR using a per-second compounding convention: `(1 + APR / seconds per year)^(seconds per year) − 1`. It is a comparison measure, not a forecast of the borrower’s eventual…

Gulf International Bank’s Bitcoin-linked investment dates to 2024 Gulf International Bank first reported a Strategy holding in the second quarter of 2024. It then owned 1,285 shares of MicroStrategy, valued at approximately $1.77 million. Following the company’s 10-for-1 stock split in August 2024, that share count would have represented 12,850 shares. By June 2025, the bank held 12,774 shares worth about $5.16 million, the highest quarter-end valuation it has reported for the position. At the end of 2025, its holding had reached 13,249 shares, while its value stood at approximately $2.01 million. The bank expanded the position in the first…

The user said Haskell is already hard enough, and that Hoskinson now wants to invent a new language that nobody will want to program in. He also asked why Hoskinson cannot focus on marketing instead. In his view, nobody needs the technology; they need liquidity, and the project should simply get liquidity. Liquidity Versus Technology Debate The comment touches on a long-running debate around Cardano. Supporters say the network is built on careful research and strong technical foundations. Critics say that this slow, academic approach has not delivered enough users, apps, or trading volume compared to faster-growing chains. The point…

For TON trades, this also means users do not need to hold $GRAM to cover transaction fees, as the cross-chain route is handled automatically. That should lower the barrier for retail traders who want exposure to tokens native to Telegram’s blockchain ecosystem but have no existing TON wallet balance. Pump.fun has described the app as the fastest cross-chain social application with the lowest fees. However, ChainCatcher notes that no comparative data was provided to back up the claim, so it should be treated as a marketing statement rather than a verified benchmark. Pump.fun’s multichain push Pump.fun built its business on…

Some of the earliest adopters became more willing to take profits as bitcoin reached record prices, having watched gains disappear in previous downturns, Rocca said. Others, including investors who entered around 2018 and 2019, remain determined to hold and prefer borrowing against their coins when they need liquidity. For the profit-takers, selling does not necessarily mean abandoning bitcoin. Some keep the proceeds in dollar savings accounts and receive interest in $BTC, gradually rebuilding their cryptocurrency holdings while retaining cash. Rocca said about 45% of Xapo customers use that feature. Xapo currently advertises a variable base rate of 4.1% on dollar…

“Alloyed $BTC is fully backed again,” Osmosis said. Current pool-liquidity data lists no nBTC among the collateral. The remaining backing consists of WBTC, cbBTC and two bridged WBTC variants, according to the update. Loading post from X… View post on X From a Freeze to a Recovery The shortfall originated on June 25, when a Nomic bridge-accounting flaw allowed 25 transfers to mint about 40.65 nBTC without corresponding bitcoin backing, according to Johnny Wyles’s forensic report. Nearly 39.84 nBTC entered allBTC’s collateral pool, reducing its real backing to 63.97%. The report says the mint went unnoticed for 74 days, until…

It is worth noting that Mastercard is among the official partners of the two-day hackathon scheduled for Oct. 24–25, right before Ripple’s flagship Swell conference. Inside the $XRP Ledger Hackathon The AI & Fintech XRPL Hackathon is a 36-hour developer showdown hosted by XRPL Commons, a non-profit group focused on the $XRP Ledger ecosystem. The hackathon unites developers, entrepreneurs, designers, and finance experts to build new applications on top of the $XRP Ledger. With more than $40K in prizes up for grabs, Mastercard, Ripple, $XRP Ledger Foundation, Ledger, Amazon Web Services (AWS), and QuickNode will provide mentorship and judge the…

Securitize (SECZ), which converts real-world assets such as equity and debt into tokens that can be traded like cryptocurrencies, said it added Stellar to its list of supported blockchains. The company already works closely with Ethereum, Solana and Avalanche and is known for issuing and managing BlackRock’s BUIDL tokenized money-market fund. Tokenization, the process of bringing assets onto a blockchain, has been generating headlines in recent months, with a growing number of companies saying they’re offering, or planning to offer, versions of shares, bonds and commodities that can be traded around the clock with few, if any, geographic restrictions. Stellar…

“Bitcoin is finally breaking down. It’s hard to believe it’s held up this long. Now that it’s below $80K, the next stop is likely $75K. If that level fails to hold today, it’s going to be a very long weekend for Bitcoiners, especially for ETF investors who can’t sell until Monday.” Schiff’s warning points to an important distinction. Bitcoin trades continuously, but U.S.-listed spot bitcoin exchange-traded funds (ETFs) generally cannot be traded on stock exchanges during weekends. Investors holding those shares must wait until Monday’s session to react. Institutional demand had already weakened. U.S. spot bitcoin ETFs lost $635.6 million…

Its WETH market holds a 2x leveraged position in Curve’s WETH/crvUSD pool and issues yb-WETH shares to depositors. The team’s research put the underlying pool’s value at about $32 million on Oct. 21. The Curve governance proposal identifies a specific safeguard: new liquidity-token deposits must add debt proportional to their newly minted liquidity-provider collateral, within one basis point. It describes that constraint as protection against value extraction through a deposit followed by a withdrawal. Pyth-Linked Fees, Governance Pending The safeguard accompanies a broader change to how the pool charges for arbitrage. Its existing swap fees range from 1.36% to 2.82%,…