A whale made a profit of $1.44 million from a long position in ZEC 9 hours ago.

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…

PANews reported on November 9th that Re7 Labs released a report on the impact of xUSD de-pegging, indicating that over $13 million in funds were affected by Stable Labs. The report stated: 1. Stream-xUSD: Stream's CEO has assured that the company's financial situation is stable and unaffected by market events. Stream has already partially repaid its lending positions on Plasma and $7 million worth of USDC held in Re7 Labs' vault on Worldchain. Meanwhile, to prevent further risk exposure, Re7 Labs has transferred all funds from the Earn vault out of the xUSD market. Furthermore, the cap on the xUSD market has been set to 0, and it has been removed from the Euler Earn vault's supply queue. 2. Elixir-deUSD and sdeUSD: After discovering last week that borrowers using deUSD and sdeUSD as collateral appeared to be associated with Stream, they began to reduce their risk exposure to Stream and Elixir. Specific measures included lowering investment limits and moving funds out of markets that included xUSD, deUSD, and sdeUSD. Currently, all borrowing positions using sdeUSD as collateral have been fully repaid on Plume. 3. Stable Labs-USDx and SUSDx: We communicated with Stable Labs CEO Flex this week and found that he may be in trouble. We have asked him to deposit liquidity so that users can close their positions. The funds affected by Stable Labs are approximately $13,114,000 and we have not yet received a response. Re7 Labs stated that it is seeking legal advice and will develop appropriate legal and strategic responses after a comprehensive assessment of all aspects of the incident.

The post Noah Lyles Storms To Win His Fourth World Title appeared on BitcoinEthereumNews.com. USA’s Noah Lyles reacts after taking gold in the Men’s 200 metres on day seven of the 2025 World Athletics Championships at Japan National Stadium, Tokyo. Picture date: Friday September 19, 2025. (Photo by Martin Rickett/PA Images via Getty Images) PA Images via Getty Images Raising four fingers in the air, Noah Lyles has forever etched his name in history. On day seven of the 2025 World Athletics Championships, Lyles sizzled on Tokyo tracks to claim his fourth consecutive 200-meter world title. The 28-year-old posted a time of 19.52 to take the win and join Usain Bolt (2009-2015) as the only two athletes with four 200-meter world titles in a row. He was followed by his teammate Kenny Bednarek, who posted a season-best time of 19.58. Bednarek, who had the lead at the halfway point, fell behind over the last few meters, claiming his second silver medal in the category. It was an improvement for the Grand Slam champion, who placed fourth in the 100-meter dash last Sunday. Jamaica’s Bryan Levell won bronze by posting a new personal best of 19.64. The 21-year-old is now the first sprinter from Jamaica to win a 200-meter world championships medal since Bolt in 2015 Reigning Olympic champion Letsile Tebogo, who was expected to deliver a strong performance against Lyles, finished fourth, a one-hundredth outside the medal with a season-best time of 19.65. Unfortunately, this setback came for Tebogo after he was disqualified from the 100-meter finals for an early start. “ This is part of the game. You are not always going to win everything, Noah deserved this title,” said Tebogo after the race ForbesWorld Athletics 2025: Oblique Seville Wins The 100-Meter World TitleBy Paras J. Haji This 2025 season has been different for Lyles. After a delayed start to the season due…