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The growth is being driven by rising liquidity on DeFi protocols like Suilend and Momentum.Sui, a layer 1 (L1) blockchain, reached a new all-time high in total value locked (TVL) of $2.6 billion on Thursday, according to data from DeFiLlama. The figure marks a 37% increase from one month ago and a 160% jump from a year earlier, when TVL stood at around $1 billion. Sui recently surpassed $156 billion in decentralized exchange (DEX) volume, and is the sixth-largest chain by 24-hour trading volume, per CoinGecko Meanwhile, the blockchain’s native token is changing hands at $3.39 with a market capitalization…
Securing a job in the crypto industry could be challenging for less-experienced candidates this year, with only one in 10 crypto roles at the entry level, according to a new survey from venture capital firm Dragonfly Capital.Crypto recruitment executives say the trend may be linked to a surge in failed crypto projects in recent times.“Crypto was hard to break into; less than 10% of roles were entry-level,” Dragonfly Capital said in a report published on Thursday, citing data collected from 85 crypto companies in late 2024 and Q1 2025, along with approximately 3,400 employee and candidate data points. Meanwhile, senior and…
Privacy blockchain Monero has rolled out a new client update to provide users with greater security against “spy nodes” on the network. The “Fluorine Fermi” software update was announced via X on Thursday, with the team stating it is “a highly recommended release.”Fluorine Fermi is the name given to v0.18.4.3 of the Monero software: Monero The term “spy nodes” is part of the vernacular used in the Monero community. It refers to malicious nodes, groups of nodes, or botnets that have the potential to calculate and match IP addresses to transactions conducted on the network. The changes focus on using an…
Blockdaemon, a leading staking provider for institutions, and Aave Labs, a key contributor to the Aave protocol, have joined forces in a strategic partnership aimed at boosting access to decentralized finance opportunities for institutions. Summary Aave Labs and Blockdaemon say the partnershio aims at expanding institutional access to DeFi. Blockdaemon Earn Stack customers can now earn further by putting staking rewards and idle balances to work. The integration includes support for Bitcoin, Ethereum and stablecoins. Aave Labs and Blockdaemon are eyeing institutional-grade access to Aave’s decentralized finance markets and are tapping into Blockdaemon’s Earn Stack and Aave Vaults to unlock…
Binance Japan has teamed up with PayPay to make it easier for people in the country to use crypto for everyday cashless payments. The partnership was announced on 9 October 2025 and aims to build new services that connect digital assets with PayPay’s payment network, offering users a smoother payment experience. “By integrating cashless payments and cryptocurrency, we will deliver a seamless financial experience to everyone in Japan.” For those who don’t know, PayPay is a joint venture between SoftBank Group and Yahoo Japan. It offers QR code and barcode-based payment services through a smartphone app, allowing users to link…
Bitcoin (BTC) state, following its new all-time high of $126,000, is facing tests from profit-taking and elevated leverage.As Glassnode reported on Oct. 8, mid-tier holders that have accumulated between 10 and 1,000 BTC have driven demand over recent weeks, while whale distribution has eased since earlier this year.The Trend Accumulation Score shows that this alignment among smaller entities adds structural depth to the advance. Nearly all circulating supply now sits in profit, though limited support exists between $120,000 and $121,000.A stronger cluster near $117,000 holds roughly 190,000 BTC, marking a zone where buyers may defend positions if prices retreat.The Sell-Side Risk Ratio rebounded…
Despite DeFi’s maturity, its lending markets still exhibit significant inefficiencies. You deposit your crypto into a massive pool, and a borrower takes it out. That works, sure, but the interest rate spread – the difference between what you earn as a lender and what the borrower pays – often reaches a huge amount. It is an issue of capital efficiency, and for years, we just accepted it.Morpho is an innovative optimization layer built right on top of established protocols, ready to make your idle assets work smarter, not just harder.What is Morpho?What is Morpho?Simply put, Morpho is the non-custodial lending…
Join Our Telegram channel to stay up to date on breaking news coverage Citigroup has invested in stablecoin infrastructure provider BVNK through Citi Ventures, just months after warning that the cryptos could drain deposits from traditional banks BVNK’s platform serves as an onramp and offramp for customers to move money between fiat and crypto. It is also backed by US crypto exchange Coinbase and fund manager Tiger Global Management. The investment underscores TradFi’s shift from caution to participation in the stablecoin ecosystem after the US GENIUS Act provided regulatory clarity over their status. BVNK Valuation Exceeds $750 Million After Citi…
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has secured a Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE), the exchange said on Thursday.Bybit becomes the first crypto exchange to obtain this full license from the SCA, the company said in a press statement.A number of crypto firms with operations in Dubai are regulated under the VARA framework. The SCA regulation is wider in scope as it applies on the UAE mainland, and applies to entities outside Dubai’s jurisdiction under VARA. (ByBit also has a provisional license under the…
Tony Kim Oct 10, 2025 02:31 NVIDIA’s Blackwell platform excels in the latest InferenceMAX v1 benchmarks, showcasing superior AI performance and efficiency, promising significant return on investment for AI factories. NVIDIA’s Blackwell platform has achieved a remarkable feat by dominating the new SemiAnalysis InferenceMAX v1 benchmarks, delivering superior performance and efficiency across diverse AI models and real-world scenarios. This independent benchmark measures the total cost of compute, providing invaluable insights into the economics of AI inference, according to NVIDIA’s blog. Unmatched Return on Investment The NVIDIA GB200 NVL72 system stands out with its…