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Cibc World Market Inc. Raises Position in Sprott Physical Gold and Silver Trust $CEF
defenseworld57d ago

Cibc World Market Inc. Raises Position in Sprott Physical Gold and Silver Trust $CEF

Cibc World Market Inc. increased its stake in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Free Report) by 3.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 632,048 shares of the company’s stock after purchasing an additional 18,510 shares during the quarter. Cibc [...]

#COMMODITIES
Gas Town, Beads, and the Rise of Agentic Development with Steve Yegge
softwareengineeringdaily57d ago

Gas Town, Beads, and the Rise of Agentic Development with Steve Yegge

AI-assisted programming has moved far beyond autocomplete. Large language models are now capable of editing entire codebases, coordinating long-running tasks, and collaborating across multiple systems. As these capabilities mature, the core challenge in software development is shifting away from writing code and toward orchestrating work, managing context, and maintaining shared understanding across fleets of agents.The post Gas Town, Beads, and the Rise of Agentic Development with Steve Yegge appeared first on Software Engineering Daily.

#TECH
LayerZero (ZRO) Soars 40% Amid Zero Blockchain Debut, Major Institutional Backing
newsbtc57d ago

LayerZero (ZRO) Soars 40% Amid Zero Blockchain Debut, Major Institutional Backing

ZRO, the native token of the omnichain interpretability protocol LayerZero, has skyrocketed more than 40% on the past day following the announcement of its new Layer-1 (L1) blockchain backed by major institutional players. Related Reading: XRP Positioned For Major Structure Shift As Price Tests Critical Level LayerZero Unveils Zero Blockchain On Tuesday, LayerZero Labs announced a new L1 blockchain, Zero, aimed at institutional financial markets. According to the announcement, it is set to launch in fall 2026, with three initial “zones,” described as permissionless environments fully owned and governed by the underlying network. Moreover, ZRO will serve as the network’s native token, providing interoperability between Zones and across the 165+ blockchains it connects. Designed to “eliminate the long-standing scalability challenges of decentralized networks,” Zero is set to process 2 million transactions per second (TPS) per Zone and charge near-zero fees by targeting four primary bottlenecks. “By leveraging Zero-Knowledge (ZK) proofs to decouple execution from verification, Zero transitions the network from redundant replication to a heterogeneous architecture,” LayerZero Labs explained on X. “This structural shift allows for two distinct validator classes: lightweight Block Validators capable of running on low-grade consumer hardware and optional higher performance Block Producers,” it continued. Bryan Pellegrino, CEO of LayerZero Labs, affirmed that Zero’s architecture advances the industry’s roadmap by at least a decade. “We believe we can actually bring the entire global economy onchain with this technology. Our mission is to build permissionless infrastructure for a better world – this is the beginning of that world,” he added. Zero Receives Major Institutional Backing The rollout was backed by key institutional players, including Citadel Securities, The Depository Trust & Clearing Corporation (DTCC), ARK Invest, Google Cloud, and Intercontinental Exchange (ICE). Notably, Citadel Securities is collaborating to evaluate how its technology could apply to trading, clearing, and settlement workflows. Additionally, it made a strategic investment in ZRO. ARK Invest is becoming a shareholder of LayerZero equity and ZRO. Meanwhile, Cathie Wood, the company’s CEO and CIO, joined LayerZero’s new advisory board alongside Michael Blaugrund, VP of Strategic Initiatives at ICE, and Caroline Butler, former head of digital assets at BNY Mellon. “This is a historic opportunity at the intersection of finance and the internet. I am thrilled to join LayerZero’s advisory board and help accelerate the adoption of Zero by the largest markets and companies in the world,” Wood said in a statement. DTCC will investigate the Zero blockchain architecture to enhance the scalability of the DTC Tokenization Service and collateral management, while ICE will examine it for 24/7 trading and tokenized collateral. Moreover, Google Cloud partnered to explore how to enable AI agents to make micropayments and trade resources instantly. Tether also announced a separate strategic investment in LayerZero Labs on Tuesday. ZRO Price Skyrockets Following the news, ZRO soared more than 40% in the last 24 hours, hitting a four-month high of $2.59 on Wednesday morning. The cryptocurrency had been trading between the $1.50 and $2.00 area over the past few weeks, reaching a local low of $1.35 during last week’s crash. Now, the recent momentum has pushed LayerZero back above the $2.00 area and toward a major resistance area. The cryptocurrency has been unable to reclaim the $2.60 mark since June, being rejected from this area after each retest. Related Reading: Bitcoin Could See New Drop To $60,000 Despite Bounce – Here’s The Level To Defend If ZRO reclaims $2.60, it could target the next major resistance, located at around $3.00. Analyst Crypto Tony affirmed that if the cryptocurrency clears this level, “we are good for $3.30. Wave 3 is beginning.” As of this writing, ZRO is trading at $2.45, a 36.5% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

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OpenAI Researcher Quits Over Ads, Backlash to Discord, and Social Media Addiction Trial | Tech Today video
cnet57d ago

OpenAI Researcher Quits Over Ads, Backlash to Discord, and Social Media Addiction Trial | Tech Today video

Owen Poole covers today's biggest tech stories. A now former OpenAI researcher quits over the company's introduction of ads into ChatGPT. Discord faces huge backlash after announcing its age verification plans and tries to assure users that the majority will not see changes. Opening arguments begin in a trial accusing social media platforms of intentionally addicting users begins in California.

#TECH
US firms face growing income divide as wealthy boost spending in 2026
journalrecord57d ago

US firms face growing income divide as wealthy boost spending in 2026

US companies report strong sales from affluent consumers while value-focused firms struggle as income inequality widens, per Moody's Analytics and Bank of America.The post US firms face growing income divide as wealthy boost spending in 2026 first appeared on The Journal Record.

#ECONOMY
NOK Rate Cuts Stalled: Inflation Surge Forces Nordea to Revise 2025 Monetary Policy Outlook
bitcoinworld57d ago

NOK Rate Cuts Stalled: Inflation Surge Forces Nordea to Revise 2025 Monetary Policy Outlook

BitcoinWorldNOK Rate Cuts Stalled: Inflation Surge Forces Nordea to Revise 2025 Monetary Policy OutlookOSLO, Norway – December 2025: Financial markets received a significant reality check this week as Nordea Markets, one of Scandinavia’s leading financial institutions, published analysis indicating that anticipated interest rate cuts for the Norwegian krone (NOK) have been effectively sidelined. The primary driver behind this policy shift remains stubbornly elevated inflation metrics that continue to [...]This post NOK Rate Cuts Stalled: Inflation Surge Forces Nordea to Revise 2025 Monetary Policy Outlook first appeared on BitcoinWorld.

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