Author: NBTC

He thanked co-manager Fabio Marzella, Flare Networks co-founder Hugo Philion, and the Flare team for developing the Flare Smart Accounts technology, as well as Firelight for the opportunity. The plan connects $XRP with Firelight through Flare Smart Accounts, which provide a route for $XRP holders to use DeFi applications. In an October 6 post, Flare described Firelight as a way to put $XRP behind a protection layer for DeFi with a single XRPL signature. Firelight posted the same day that anyone deploying $XRP through the feature should connect a supported XRPL wallet and choose to mint and deposit FXRP into…

Ethereum Foundation research counts that idle money as a real cost for these firms, and a shorter wait lets them reuse it sooner. In practice, a service fronting a steady $1 million an hour would have about $267,000 waiting on repayment with a 16-minute delay. At four minutes, however, that drops to roughly $67,000. Stablecoin providers such as Circle CRCL, which issues the dollar-pegged USDC, already charges for speed. Its fast route from Ethereum currently costs 0.01%, or $1 per $10,000, before network and application charges. Its standard route carries no Circle transfer fee. Circle also caps the total value…

Chainalysis ranked Canada as the strongest peer-to-peer (P2P) crypto economy among G7 nations, pointing to its large foreign-born population and the cost of traditional remittance services as potential adoption drivers. North America crypto economy, by reporting period. Source: Chainalysis Stablecoins gain ground in Canada’s remittance corridors About 23% of Canada’s population is foreign-born, the highest share in the G7, according to Morva Rohani, executive director of the Canadian Web3 Council. “Remittance corridors to India, the Philippines, Nigeria, Pakistan, and China are heavily used,” Rohani said in the report. Stablecoins accounted for 44% of Canadian dollar-based order book volume in June,…

By the Numbers Despite the broader market displaying mixed signals, Zcash’s narrative is gaining strength. Currently, Zcash is trading at $0 with no reported volume in the last 24 hours, indicating a potentially quiet period for trading activity. However, Starknet’s advocacy could stimulate interest and lead to increased engagement in the coming days. The conversation surrounding programmable privacy is likely to attract attention as traders and developers explore new possibilities within the Zcash framework. Zcash is a cryptocurrency designed to provide enhanced privacy features for its users, allowing for confidential transactions on its network. The push for programmability in Zcash…

The latest reading of 1.669 billion $XRP represents roughly $2.22 billion at a market price of $1.33 per token. That’s a tidy sum of cryptocurrency moving toward one of the world’s largest trading platforms, although the cumulative figure doesn’t establish how much $XRP remains on the exchange. “Increased whale inflows to centralized exchanges can increase the amount of $XRP available for trading, potentially raising the risk of selling pressure,” Cryptoquant shared, citing Arab Chain’s research. Exchange Wallets Hold More Than 22 Billion $XRP The whale activity arrives against an even larger backdrop. $XRP Insights data for Oct. 15 indicates that…

Reading the Receipt Without Counting Twice Uniswap Labs identifies this transaction as a v3 swap example. Its receipt shows three distinct $USDC movements: – **Pool output:** The pool transferred 2.326653 $USDC to Uniswap’s Universal Router. – **Fee transfer:** The router sent 0.005816 $USDC to an address Etherscan labels “Uniswap: Fees 2.” – **Wallet receipt:** The remaining 2.320837 $USDC went to the trader. The fee transfer and wallet receipt reconcile to the pool’s output. Subtracting that fee again from the wallet’s received amount would count the same deduction twice. The receipt’s separate $ETH transaction fee is a network expense, not another…

Can Ethereum whales help reclaim $2.5K? As Ethereum [$ETH] struggled to hold $2.5K, whales stepped up on both the buy and sell sides. The Whale Behaviour Shift showed increased accumulation, with 133 whales adding over 426K $ETH. Source: Swiss Intelligence Lookonchain highlighted three whales withdrawing Ethereum from exchanges. One withdrew 10,954 $ETH worth $26.97 million from Kraken and staked it after four months of inactivity. Another withdrew 9,000 $ETH worth $22.42 million from Binance and deposited it into Aave. A third withdrew 4,500 $ETH worth $11.29 million from Binance. Together, these withdrawals totaled 24,454 $ETH, valued at $60.68 million. Source:…

The 3.1.3 release was the first dedicated security release to come out of this effort, with no new features, just hardening. This was followed by fixCleanup3_2_0, which was enabled in July. fixCleanup3_3_0, a collection of fixes for Single Asset Vaults, the Lending Protocol, Automated Market Makers, the permissioned DEX, Checks, and pseudo-accounts, was launched in October 2026. Expectations are currently rising for fixCleanup3_4_0, which brings about 25 outlined changes to the $XRP Ledger, including exempting an IOU issuer from their own global freeze on $NFT offers in their own currency and changing authorized trust lines to implicitly authorize a pseudo-account…

Market Snapshot In recent months, the x402 payments landscape has shown a marked increase in user activity. Algorand’s dominance in this space, with 9.1K active senders, sets a high benchmark for competitors like Solana. The broader crypto market is currently experiencing mixed signals, which may impact future trends in stablecoin usage and adoption rates across various platforms. Solana operates within a competitive ecosystem focused on stablecoin transactions, particularly concerning the x402 payments framework. The jurisdiction of these payments is significant, as they facilitate transactions that can improve liquidity and user engagement in crypto markets. What Traders Are Watching Next Traders…

The Numbers Currently, Bitcoin’s trading volume is not available, reflecting a lack of immediate trading data. However, the crypto market is displaying mixed signals, with fluctuations in sentiment across various assets. This absence of volume data suggests that traders may be awaiting clearer signals before making substantial trades. The recent transfer could be a precursor to increased activity as traders reassess their positions in light of this significant wallet movement. Bitcoin operates as a decentralized digital currency that allows peer-to-peer transactions without intermediaries. Transactions are recorded on a blockchain, making wallet movements critical indicators of market sentiment. Regulatory bodies and…