Author: NBTC
Wasabi Protocol Collaborates With OpenOcean To Integrate On-Chain Leverage Trading With DEX-CEX Services
Wasabi protocol, a DeFi platform that allows users to trade long tail assets (like NFTs and meme coins) with leverage, today announced a strategic partnership with OpenOcean, a DeFi and CeFi full aggregator that provides users with the best swap pricing and top trading efficiency across decentralized and centralized exchanges. According to an x post shared today, the partnership enabled Wasabi to integrate its Prop AMM (professional automated market maker) with OpenOcean’s DEX and CEX aggregator to bring deep cross-chain liquidity to Wasabi. Due to a lack of financial infrastructure for on-chain long-tail assets, the Wasabi protocol was launched in…
Authorities across Europe are examining Ethereum’s potential as a blockchain settlement layer for a Euro-denominated stablecoin network. Policymakers are shifting focus from small-scale tests to the integration of blockchain technology into existing financial infrastructure, signaling a new phase in digital payments decision-making for the region. Europe’s stablecoin ambitions and Ethereum’s possible role Policymakers in the European Union have increased efforts to explore Ethereum as the foundation for an upcoming Euro-backed stablecoin system. This initiative moves beyond experimental pilots, as officials consider bringing real payment and settlement systems onto blockchain rails. Decision-makers are closely assessing Ethereum’s technical capabilities, such as uptime…
Autonomous AI agent commerce could mean the end of online advertising as it is currently known today and shift the internet’s economic model, according to a16z Crypto. Since the dawn of the internet, buying goods or services typically involves navigating to online stores (some through online advertisements). However, Merit Systems co-founder Sam Ragsdale argues this could change if AI agents do the shopping in the future. From 1997 to 2024, the business model for the internet was “distraction,” said Ragsdale in an a16z blog post on Sunday. “Humans reading a webpage can be distracted by an advert, monetizing their partial…
Bybit launches Send Money feature to simplify global transfers using crypto rails and fiat familiarity
Bybit has unveiled the “Send Money” payment solution for its global users, enabling them to send money with the speed, efficiency, and convenience of blockchain technology. The exchange leverages crypto rails in the background while maintaining a fiat-forward user experience, allowing recipients to receive funds in local fiat currencies. Bybit’s Send Money feature supports USD, Argentine Pesos (ARS), and select crypto transfers for eligible users in Argentina, delivering transfers that complete within minutes to a few hours. Users can send Bybit Pay to send fiat and crypto across the supported network. According to the exchange’s team, the feature addresses a…
Crypto investors who once turned to decentralized finance for easy passive income through juicy yields are running into a new reality: the numbers no longer add up. DeFi, or onchain finance, is essentially conducting banking transactions on a blockchain, cutting out middlemen like banks and letting investors borrow, lend, and trade in minutes. Back in 2021-2022 (and even through the subsequent crypto winter), DeFi’s returns were more than promising; rates reached 20% on protocols like Aave and thousands of percent on other emerging protocols, which would justify parking some cash for high interest rates, albeit with a higher risk of…
Ethereum price extended gains above $2,150 before it faced sellers. $ETH is now correcting gains and might find bids near the $2,080 zone. Ethereum started a decent upward move above the $2,120 zone. The price is trading above $2,100 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $2,140 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,080 resistance. Ethereum Price Aims Higher Ethereum price remained stable above $2,050 and started a decent upward move, like Bitcoin. $ETH…
Well-known Economist Peter Schiff has warned that rising U.S. war spending could increase debt and push inflation higher. As of today, U.S. war spending has reached $28.5 billion as the US-Israel & Iran conflict has reached the 24th day.Thus, Schiff said higher oil prices from ongoing conflicts may slow growth and force policymakers to support the economy with rate cuts and money printing, which would weaken the U.S. dollar and rise Debt. Peter Schiff Warns U.S. Spending Could Fuel Debt and Inflation According to Peter Schiff, higher oil prices leave consumers with less money to spend. This can reduce overall…
A significant court decision has been reached in the investigation into the Federal Reserve and its chairman, Jerome Powell, in the United States. A federal court in Washington definitively rejected the Justice Department’s attempt to reinstate grand jury subpoenas against the Fed. U.S. District Judge James Boasberg stated in his ruling today that the government’s justifications for reconsidering the previous decision were “far from convincing.” The court had previously dismissed two subpoenas sent to the Federal Reserve’s board of governors, requesting documents related to a nearly $2.5 billion headquarters renovation project. In his ruling, Boasberg stated that there was “ample…
Every perpetual contract tracking real-world assets (RWA) on Aster will settle exclusively in $USD1, World Liberty Financial’s dollar-pegged stablecoin, according to posts from both projects on X. The first markets rolling out include gold, silver, crude oil, and Brent crude, with additional markets to follow, Aster said. The fee structure for $USD1 commodity pairs is set at 1 basis point for takers and a negative 0.5 basis points for makers — meaning the exchange will pay a rebate to liquidity providers. The two sides also said they are “exploring integration across their respective tokens,” though neither project elaborated. The arrangement…
Speaking in an interview at EthCC 2026 in Cannes, France, Kunz said many traditional finance firms are still approaching DeFi in silos, often attempting to rebuild technology that already works well. 1inch is a DeFi aggregator that routes trades across multiple protocols to find the best possible execution. Its technology is integrated into major Web3 wallets and used by some institutional platforms, including Coinbase. Institutions working in silos Kunz described 1inch as a hybrid between a search engine for token swaps and a backend infrastructure provider for financial applications. The platform’s routing algorithms identify the most efficient paths for trading…