Author: NBTC

Cross-chain transactions usually end when the assets arrive. Aurora Labs wants them to end when the user has actually completed what they came to do. Aurora Intents has added Sui as a destination for Intents Connect, allowing users to move supported assets from other blockchains directly into actions such as lending, staking, trading or yield strategies on Sui. The entire process can happen with one signature, without manually bridging assets, switching wallets or acquiring $SUI for gas. The system runs on NEAR Intents, which provides the underlying solver network, liquidity, settlement and chain connectivity. Aurora Intents currently supports more than…

SushiSwap is making a significant move by launching on Arc, marking the introduction of a new permissionless token launchpad. This development, shared by the CryptoTwitter account SushiSwap, enhances the platform’s capabilities in decentralized finance (DeFi). The launchpad will facilitate token launches and automated market maker (AMM) features, potentially attracting more users to the ecosystem. What Went Down The broader crypto market is currently exhibiting mixed signals, but SushiSwap’s launch on Arc could provide a fresh impetus for its growth. By enabling permissionless token launches, this initiative allows a wider range of projects to utilize SushiSwap’s infrastructure. This move may enhance…

Ripple Prime, Ripple’s multi-asset prime brokerage business, launched a Delta One service for institutional investors, expanding into US equity derivatives. The offering allows clients to execute total return swaps linked to US-listed equities, indexes and digital assets, Ripple said in a Thursday announcement. Total return swaps provide exposure to an asset’s returns without requiring ownership of the underlying asset. The service targets hedge funds, asset managers and other financial institutions. Ripple said clients can use a single counterparty and cross-margin exposures across the supported asset classes around the clock. “The launch of our Delta One business is an important development…

Seven Democratic senators said Sept. 16 that CLARITY’s failed Senate vote was not the end. The crypto market-structure bill fell short 49-50 the previous day on a procedural motion that needed 60 votes to advance. Getting from that statement to a law now depends on a compressed legislative calendar, still-unresolved policy disputes, and a House of Representatives that would need to accept whatever the Senate eventually produces. Even if all seven signatories switched from “No” to “Yes,” the count would move from 49 to 56, four short of 60. Adding North Carolina Republican Thom Tillis, whose “no” vote was a…

Ripple’s institutional-grade stablecoin is now built to operate across multiple blockchains, enhancing its functionality and interoperability. This capability was confirmed by the CryptoTwitter commentator @wormhole, who highlighted the use of Wormhole’s Native Token Transfers (NTT) technology. This advancement could attract more institutional interest, indicating a potential shift in market dynamics. What Happened The broader cryptocurrency market is currently experiencing mixed signals, but Ripple’s latest development brings a fresh focus to its stablecoin offerings. By leveraging cross-chain capabilities, Ripple aims to position itself competitively in the evolving landscape of digital assets. This move is significant for institutional adoption, as it unifies…

Lido Finance has announced the successful completion of its first validator consolidation on Lido Core. This milestone is crucial as it initiates the migration of approximately 8.4 million staked $ETH from the legacy Curated Module to the new CMv2. The implications of this transition could enhance the efficiency and security of $ETH staking, benefiting the broader Ethereum ecosystem. More details are available in Lido’s official tweet here. The Key Development The broader cryptocurrency market is currently exhibiting mixed signals, but Lido’s recent validator consolidation could shift sentiment positively for Ethereum stakeholders. As Lido consolidates its validators, users may expect improved…

RQD* Clearing, a U.S. firm that handles the plumbing behind stock and options trading, has raised $74 million as it looks to expand into digital assets and prepare its infrastructure for a financial market increasingly moving onchain. Bain Capital Tech Opportunities, the tech-focused arm of private investment firm Bain Capital, led the minority investment, with participation from ABN AMRO Clearing Bank and Nyca Partners, the firm said in a press release Thursday. The company said it plans to use the capital to expand in North America, Asia and the Middle East and build out products spanning digital asset custody and…

Cardano has reached a new milestone in its push for greater decentralization, recording its highest-ever Nakamoto coefficient. This measure indicates improved security and resilience for the blockchain network, as it becomes more resistant to control by a small group of participants. All-time high decentralization Rick McCraken, a Cardano stake pool operator, drew attention to this achievement on X, referencing data from Chainspect, a Web3 blockchain analytics platform. According to Chainspect, Cardano’s Nakamoto coefficient has climbed to 16, signaling an unprecedented level of decentralization for the network. A higher Nakamoto coefficient reflects that a larger number of independent entities would need…

$NEAR Protocol’s recent announcement highlights a new AI model aimed at enhancing user sovereignty and request access. This development is significant as it addresses a common trade-off faced by blockchain users. The implications of this model could reshape interactions within the $NEAR ecosystem, making it more user-centric. For more details, check $NEAR’s official tweet. What Went Down The broader crypto market is exhibiting mixed signals, with varying momentum across major assets. $NEAR Protocol’s latest initiative comes at a time when blockchain technology is increasingly integrating AI features to improve user experience. The introduction of this AI model is particularly notable…

David Hunter, Chief Strategist at Contrarian Macro Advisors, known for his analysis of global markets, made striking statements of great interest to Bitcoin and cryptocurrency investors. Responding to Natalie Brunell’s questions, Hunter indicated that technically downward pressure on Bitcoin could continue, pointing to a sharp correction wave. David Hunter, recalling that he shared a technical chart analysis when the Bitcoin price was above $100,000, said that the downtrend could deepen. Stating that technical momentum, rather than fundamental factors, determines decisions in the market, the renowned analyst summarized his short- and medium-term goals for Bitcoin with the following words: “When Bitcoin…