Author: NBTC

Oil is sliding. Bitcoin is climbing. And a trader who has made $116 million in five months just opened a $51 million bet that the gap between them is about to widen significantly. The position – a short on Brent crude opened today – was flagged by analysts on X. The timing is deliberate. Crude is down 0.52% to $110.96 and Brent has fallen to $108.53 as ceasefire talks between the US and Iran gather momentum. Bitcoin is simultaneously trading at $69,894, up 4.30% on the day. This is a pattern that has played out multiple times since this war…

The easiest take after a $290 million exploit and a roughly $13 billion slide in DeFi total value locked is that decentralized finance is broken again. It is also probably the laziest. The KelpDAO exploit over the weekend was serious. It appears to have started with a targeted attack on infrastructure used in LayerZero’s verification stack, not a smart contract bug as commonly seen in other exploits. LayerZero has preliminarily linked the incident to North Korea’s Lazarus Group, and said the attack succeeded because Kelp had opted for a single-verifier setup despite repeated recommendations to use a more resistant configuration.…

Electric Capital published a research report on Monday, cataloging 501 distinct sources of real-world yield and cross-referencing them against tokenized assets with meaningful on-chain traction today. The venture firm found that only 34 of those yield sources have any on-chain presence above $50 million, and they cluster in familiar territory: U.S. Treasuries, private credit, corporate bonds, and non-U.S. sovereign debt. The remaining 93% fall into seven groups defined by what’s blocking tokenization, ranging from legal structuring challenges for asset-backed securities to real-world integration hurdles for commodities and compute infrastructure. Distribution is the Bottleneck Perhaps the report’s sharpest observation concerns distribution.…

The Shiba Inu ($SHIB) ecosystem today has faced a serious ideological split. While the key opinion leader, Shytoshi Kusama, is urging the community to prepare for some kind of global spiritual shift, large investors are responding with a massive move of tokens into fiat, seemingly demonstrating dissatisfaction with the new development direction. The discussion erupted after Kusama’s publication about the arrival of the “next appointed time.” While the community assumed this was a signal for a price rally of the token, Kusama clarified that this has nothing to do with the $SHIB price and that he was referring to some…

Kbank has partnered with blockchain company Ripple to test on-chain remittances, marking a significant step in modernizing cross-border payment systems. The South Korean bank announced the strategic partnership at its Seoul headquarters, aiming to verify the effectiveness of a blockchain-based remittance structure. This collaboration leverages Ripple’s global payment network and infrastructure to assess potential improvements in processing speed, cost structure, and transaction transparency. Kbank Ripple Partnership: A New Era for Cross-Border Payments The Kbank Ripple partnership represents a focused effort to address long-standing inefficiencies in international money transfers. Traditional remittance systems often involve multiple intermediaries, resulting in delays of one…

Ads3, a popular Web3 advertising entity, has partnered with Zypher Network, a renowned Web3 infrastructure platform. The partnership attempts to merge the cutting-edge cross-network advertising intelligence of Ads3 with the AI-led, zero-knowledge infrastructure of Zypher Network. As Ads3 mentioned in its official social media announcement, the development is poised to merge these technologies to address issues like insufficient targeting and fragmented consumer experiences. Hence, the move indicates a shift toward> Ads3 × Zypher Network”AI meets AI — privacy-first, growth-first!”Ads3 and Zypher Network @Zypher_Network are joining forces to redefine what seamless Web3 growth looks like, uniting Zypher’s AI + ZK super…

Bitcoin investors hoping for a quick recovery may need to be patient. That is the message from Katie Stockton, founder and managing partner of Fairlead Strategies, who appeared on CNBC’s Squawk Box this week. Bitcoin Is Boring Right Now and That Is the Point Stockton’s Bitcoin read was measured but clear. She sees the current price action as a prolonged basing phase with support sitting in the $58,000 to $59,000 range, and she expects multiple retests of that level before any sustained move higher becomes possible. “It’s a cyclical downtrend and that’s the dominant feature on the chart right now,”…

Lending platform Aave has raised about $160 million it needs to cover the $200 million in bad debt left behind by the year’s largest decentralized finance (DeFi) exploit, Arkham posted on X on Saturday. “$AAVE have so far raised $160M to cover the bad debt from the Kelp DAO Exploit, at defiunited.eth,” the blockchain analytics platform wrote. “The largest contributors are Mantle and $AAVE DAO, who together raised 55,000 $ETH or $127M.” Last week, Aave and several major crypto firms announced a coordinated recovery effort to stabilize DeFi markets after a $292 million security breach left the crypto borrowing sector’s…

Shiba Inu lead ambassador Shytoshi Kusama broke several weeks of silence on social media platform X. Kusama broke a five-week long silence on X with a post on April 2 that hinted at an update coming soon. The Shiba Inu lead ambassador’s post mentioned an appointed time that had arrived and added, “Let’s talk soon.” An X user had engaged with Kusama’s tweet with respect to the Shiba Inu price. “$SHIB 0.00055 the appointed time price. Higher,” the X user wrote. this has nothing to do with the price of Shib. I speak of a global appointed time, and if…

South Korea-based cryptocurrency exchanges Upbit and Bithumb have announced they will add the Perle ($PRL) token to their trading platforms. According to the announcements, $PRL will be traded against the Korean won (KRW), BTC, and USDT. While trading is planned to begin today, some platforms have updated their opening times, postponing them to the evening. Deposit and withdrawal options for $PRL will be activated shortly after the announcement. However, only the Solana network will be supported, and transfers from other networks will not be accepted. Exchanges have warned users to carefully check network compatibility before making transactions. Temporary trading restrictions…