BMW driver strikes, kills man crossing NYC street — then runs off on foot: cops

nypostPublished on 2025-12-08Last updated on 2025-12-08

Abstract

A BMW driver struck and killed a pedestrian crossing a New York City street and then fled the scene on foot, according to police. The incident occurred in Manhattan, and authorities are currently investigating. No further details about the victim or the circumstances of the crash were immediately provided in the initial report.

When Curators Become a Risk Variable in DeFi Lending, How Can Algorithms Reshape the Market?

The article argues that the current "Curator" model in DeFi lending, as seen in protocols like Morpho and Euler, reintroduces human moral risk and inefficiency. It traces the evolution of lending markets, highlighting that early pooled models (e.g., Compound, Aave) sacrificed lender risk control for borrower convenience, while isolated markets (e.g., Morpho Blue) fragmented liquidity. Curator vaults attempted to bridge this gap but reintroduced trust assumptions and discretionary decision-making. The author proposes a new paradigm inspired by traditional order books: a two-tier architecture separating risk definition from order matching. In this model (exemplified by Avon), lenders deposit into isolated, parameter-defined "strategies" (retaining full risk control), while a shared order book algorithmically aggregates and routes borrower requests across compatible strategies atomically. This eliminates the need for human curators, enhances transparency, and improves liquidity utilization. The approach also benefits RWA by allowing compliance at the strategy level while pooling global liquidity. Built on high-performance chains like MegaETH, this CLOB-based system aims to automate lending coordination without sacrificing lender autonomy or borrower experience.

比推Hace 28 min(s)

When Curators Become a Risk Variable in DeFi Lending, How Can Algorithms Reshape the Market?

比推Hace 28 min(s)

CBDC Ban Stalls Five Months After the House Passed Anti-Surveillance Act

Key Takeaways: Despite unanimous Republican opposition to central bank digital currencies (CBDCs) in Congress, efforts to ban them have stalled. Five months after the House passed the Anti-CBDC Surveillance State Act, the legislation has not progressed further. Republican leaders, including Speaker Mike Johnson, reportedly promised to include anti-CBDC language in the National Defense Authorization Act (NDAA) but failed to do so. Lawmakers like Rep. Keith Self and Rep. Marjorie Taylor Greene have expressed frustration with the party's inaction, citing broken promises and a lack of priority for the issue amid other legislative conflicts and the government shutdown. The GOP leadership has missed multiple opportunities to advance the ban, leaving the bill's future uncertain.

ccn.comHace 29 min(s)

CBDC Ban Stalls Five Months After the House Passed Anti-Surveillance Act

ccn.comHace 29 min(s)

BOLTS Launches Quantum-Resilience Pilot On Canton Network To Future-Proof $6T Real-World Assets

BOLTS Technologies has launched a pilot program to integrate its quantum-resilient software, QFlex, into the Canton Network, a blockchain for institutional finance. The initiative aims to protect over $6 trillion in real-world assets from future quantum computing threats, specifically addressing risks posed by cryptographically relevant quantum computers (CRQC) and Shor’s algorithm. QFlex enables cryptographic agility at the transaction level, allowing asset owners to adopt quantum-resistant measures without code changes. The pilot supports regulatory readiness for standards like PQS 2030 and DLT 2030. BOLTS’ technology, backed by grants from NIST, the U.S. Air Force, and Navy, offers a proactive solution to safeguard institutional digital assets against quantum vulnerabilities.

TheNewsCryptoHace 50 min(s)

BOLTS Launches Quantum-Resilience Pilot On Canton Network To Future-Proof $6T Real-World Assets

TheNewsCryptoHace 50 min(s)

Crypto Market Prices the Verdict: $1.8 Billion Bet on Do Kwon's Sentencing Outcome

The cryptocurrency market is witnessing an extraordinary $1.8 billion in futures trading volume for LUNA and LUNA2 tokens, despite their lack of fundamental value. This surge in speculative activity is directly tied to the upcoming sentencing hearing of Terraform Labs co-founder Do Kwon in a New York federal court on December 11th. Prosecutors are seeking a 12-year prison sentence for Kwon’s role in the $40 billion Terra-LUNA collapse, while his defense team is arguing for a 5-year term. This 7-year discrepancy has created a high-stakes betting environment. The market is characterized by extreme divergence, with a high volume of short positions (indicated by negative funding rates) and a powerful counter-force of buyers attempting to squeeze those shorts. The article argues that the current LUNA traders are not the original victims of the crash but are now primarily event-driven speculators, quantitative funds, and opportunistic traders. For them, LUNA has been transformed from a failed project into a pure "legal derivative," a volatile instrument whose price is entirely driven by the legal outcome of Kwon's case, devoid of any fundamental anchor. The author concludes that regardless of the sentencing outcome—whether a harsh or light sentence—the event's conclusion will likely cause LUNA's price to collapse. A harsh sentence would reaffirm its zero fundamental value, while a light sentence would trigger a "sell the news" event. This situation exemplifies the crypto market's cold, hyper-efficient ability to price and monetize anything, including justice and a person's freedom, reducing moral judgment to mere noise against the pursuit of volatility and profit.

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Crypto Market Prices the Verdict: $1.8 Billion Bet on Do Kwon's Sentencing Outcome

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Anchored, But Under Strain

Bitcoin remains structurally fragile, trading between the STH-Cost Basis at $102.7k and the True Market Mean at $81.3k. On-chain conditions are weakening, with rising unrealized and realized losses, alongside elevated selling from long-term holders. Despite some demand absorbing this pressure, reclaiming key levels like the 0.75 cost-basis quantile ($95k) is crucial for a bullish reversal. Off-chain activity reflects caution: ETF flows are negative, spot and futures liquidity are subdued, and options markets show heightened demand for short-term downside protection ahead of the FOMC meeting. Traders are accumulating volatility, anticipating a near-term move. Post-FOMC, volatility may compress, but the market remains range-bound, balancing persistent sell pressure against patient demand.

insights.glassnodeHace 1 hora(s)

insights.glassnodeHace 1 hora(s)

Trading

Spot

Futures