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Synbit uses synthetic assets to build a more comprehensive income market and volatility structure to boost the development of DeFi

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With the momentum of liquidity mining getting stronger and stronger, DeFi is transforming traditional financial products into protocols at a hundred times faster. Decentralized trading platforms, stablecoins, decentralized lending and borrowing platforms, synthetic assets, and insurance products will all be decentralized, trustless and transparent in the decentralized network protocols. We believe that compared with traditional finance, DeFi has a more ambitious vision, that is to allow anyone to publicly own or trade any financial assets anywhere in the world.

Because DeFi lacks some basic products and services, it is still incomplete in the construction of a “decentralized financial market (DeFi market)” and needs the support of structured financial tools.

We find that in the traditional financial market, a large number of monetary asset collaterals, including short-term debt collaterals, long-term debt collaterals based on sovereign credit, and quasi-currency created based on repurchase or asset securitization, constitute large-scale financial derivative instruments and form a systematic financial market, playing an important role in risk management, asset pricing, and improving market liquidity. DeFi also requires durable and stable assets and liquidity. Currently, the basic assets supporting liquidity mining can be roughly divided into three categories: Transaction fees, income from loan interest rate spreads, and guaranteed governance tokens. When basic asset income (or “productivity”) is insufficient to sustain the credit boom, a risk similar to the traditional “financial crisis” will appear.

Synbit is committed to building a more comprehensive income market and volatility structure. In the mapping process of traditional financial market products, it has broken through the construction of comprehensive decentralized financial derivatives, laying a rich and solid asset foundation for the development of the DeFi industry. In the setting of collaterals, Synbit supports multiple pledge methods, such as ETH, stablecoins, and SYN. The mortgage rate of each asset is calculated through modeling based on the stability of its price. In the future, the calculation model and its mortgage rate can be adjusted through the community governance mechanism. Users can mortgage the synthetic assets issued or directly exchange with other types of synthetic assets by purchasing synthetic assets. Synbit’s excess mortgage mechanism and unique liquidation mechanism ensure the safety of all debts. The collaterals can perfectly cover the debts, which means that the systemic risks mentioned above are unlikely to occur in Synbit. In order to attract users to participate in the Synbit ecosystem and ensure the smooth launch and sustainable development of the Synbit platform, the platform has formulated targeted incentive plans for ecological participants such as mortgagers, traders, and coin holders. In addition, Synbit adopts a unique debt pool model, traders do not need counterparties when trading, which effectively solves the liquidity and slippage problems faced by DEX (decentralized exchange). The multi-pledge, multi-form, and multi-reward setting can provide liquidity for Synbit’s continuous transfer of assets.

Of course, Synbit is more than that. We hope to fully map the traditional financial market and build a complete “decentralized financial market (DeFi market)”. From swaps to futures and options, interest rates, stocks, foreign exchange, commodities and other asset products are widely used on the chain to meet the needs of position risk balance, liquidity, hedging, leverage, and other investment portfolio and liquidity managements, create long-term value, and exploit the huge potential of the decentralized derivatives market. It will be the most promising part, the core of the entire DeFi ecosystem, and the most difficult part to accomplish and overcome in the DeFi industry.

We have overcome some of the problems-breaking the isolation of the DeFi protocol, and creating a financial product with rich risk-return characteristics – Synbit by making full use of the composability of DeFi. We will continue to explore the depth and breadth of products, redefine the nature of asset management, and meet the needs of professional investment consulting and services. Achieve our grand vision, which is to “combine everything and cross the financial boundary”.

Synbit will release a beta version on the Ethereum Kovan network on December 11. Synbit is a decentralized synthetic asset issuance protocol based on Ethereum smart contracts, allowing users to mint assets and trade financial derivatives in a decentralized manner. Every user who participates in the test and provides feedback will get a certain token incentive. Welcome to join the Synbit community to participate in the test. Specific test-related contents and test incentives will be released on the official Twitter and Discord channel later.

Synbit’s official website:https://www.synbit.io

Twitter:https://twitter.com/SynbitProtocol

Telegram:https://t.me/Synbit

Discord:https://discord.gg/MycR8DK

Looking forward to entering a new world of synthetic assets together with you.

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NexFabric Debuts Human-Verified Industrial AI for Laser Cutting at EuroBLECH 2026

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Hannover, Germany, October 21st, 2026, FinanceWire

Italian-built NexCut helps sheet metal shops tell a settings problem from a machine fault, and gives newer operators a guided way to learn what veterans know.

NexFabric today presented NexCut in Europe for the first time, at EuroBLECH 2026 on the stand of Esautomotion (Euronext Growth Milan: ESAU), Hall 15, Stand E28, after a first showing at CIIF in Shanghai. NexCut is the first laser-cutting application of the NexFabric industrial AI platform. Built in Italy, it pairs AI-assisted analysis with checks the operator confirms, so manufacturing teams can diagnose production problems without handing the decision to the machine.

Factories are losing the people who know their machines best. In Germany, 12.9 million workers, close to 30% of the workforce, will reach retirement age by 2036, according to the Federal Statistical Office. In Italy, companies reported difficulty filling 47.8% of planned hires, with CNC operators and welders among the hardest roles to fill, according to a CGIA analysis of Unioncamere Excelsior data. NexCut is built for that handover. A junior operator learns the diagnostic routine on the job, guided step by step, instead of spending years picking it up beside a veteran. Every diagnosis is saved as a procedure the next shift can reuse.

NexCut addresses a practical challenge in laser cutting: telling a problem with process settings from an issue with the machine or its hardware. Take a common case. Dross starts building on the underside of the parts. A less experienced operator may slow the cut or raise gas pressure. If the real cause is a dirty lens or a worn nozzle, that change wastes material and the fault stays. NexCut has the operator check the hardware first and confirm what they find. If there’s a hardware problem, it won’t clear the machine to run until it’s fixed.

Here’s how it works. Each laser cutter gets its own NexCut kit: a touchscreen operator station at the machine and a connected hardware module that brings in process signals from the cutter. When cut quality drops, NexCut combines those signals with physical checks the operator carries out and confirms, covering the lens, gas, focus position, cutting height, nozzle and machine stability. It narrows down the likely cause, explains why, and points to the fix. The operator makes the call. Every step is logged, so the process stays traceable and repeatable, and a central dashboard gives production managers a view across all connected machines.

“Running a laser cutter well takes years of experience, and even experienced operators still make mistakes,” said Stefano D’Andria, CEO & Founder of NexFabric. “NexCut is there to help and teach. Any operator can use it, whatever their experience, and the decision always stays with the person at the machine.”

The first proof of concept is running under real operating conditions at Soluzioni Markaurelio S.r.l. in Avezzano, Italy. It is testing NexCut against clear targets: an average guided diagnosis of 7 to 11 minutes, a 50 to 70% reduction in setup time, startup scrap and machine stoppages, and new operators working on their own within two to four weeks.

NexCut is built for manufacturers across Europe that run laser cutters. Operators get step-by-step guidance at the machine. Owners keep the know-how in-house when experienced staff leave. NexFabric plans to work with multiple industrial partners and dealers, broadening access while preserving manufacturer choice.

“Industrial AI must increase human decision-making capability, not replace it,” D’Andria added. “We’re starting in Italy, where our R&D is, and building for factories across Europe.”

D’Andria is at EuroBLECH through October 23 and available for interviews at the stand. To book a time, contact Orian Tal at orian@thepitch.media.

Manufacturers, dealers and technology partners can learn more at https://nexcut.ai or contact info@nexfabric.ai.

About NexFabric

NexFabric is an industrial AI platform built in Italy. It connects manufacturing processes and human expertise through guided diagnosis and human verification. Its first application, NexCut, focuses on laser cutting. Learn more at https://nexfabric.ai.

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Orian Tal
The Pitch
orian@thepitch.media

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Rabbi Steve Karro’s Message: Give Something Back Before the Holidays Arrive

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Miami, Florida, 21st October 2026, ZEX PR WIRE, Rabbi Steve Karro is asking his community to make one concrete act of giving part of their holiday preparation this year.

A season that asks something of us

Every year, the weeks before the holidays fill up fast. Cleaning, cooking, travel, gifts. Rabbi Steve Karro has spent decades studying the parts of Jewish tradition that ask us to slow that rush down and make room for someone else.

As a rabbi and scribe based in Miami Beach, Florida, he sees the holiday season as more than a checklist of preparations. He sees it as a yearly reminder to look outward.

“Every situation, I ask what the Creator expects from me,” Rabbi Karro said. “Before the holidays, the answer is usually simple. Give something. Give it now, not later.”

The invitation

Rabbi Karro is encouraging people in his community to take on a simple practice ahead of this holiday season: one act of direct giving to someone nearby, done before the holiday itself begins, not during it and not after.

“It does not need to be large,” he said. “It needs to happen before the holiday starts, not get folded into it. That timing matters. It says the giving came from you, not from the season telling you to.”

Why the order matters

Rabbi Karro draws a distinction between giving that happens because a holiday requires it, and giving that happens because a person chooses it ahead of time.

“When you give during the holiday, you are following the calendar,” he said. “When you give before it, you are following your own decision. Both are good. But the second one changes something in you.”

He points to family life as the frame he uses to think about this.

“When your closest family is happy, and the people around them are happy too, that is the real measure,” he said. “Giving before the holiday is one way to widen that circle a little further out from your own table.”

What giving back can look like

Rabbi Karro is not prescriptive about the form giving should take. He suggests people start with someone they already know needs something, rather than searching for a cause far from home.

“Start close,” he said. “A neighbor. Someone at your synagogue. Someone in your family nobody has checked on in a while. The person right in front of you is usually the answer.”

He also encourages people to think about what they can give beyond money: time, a skill, a meal, a conversation.

“Everyone has something they know how to give,” he said. “Teaching, cooking, fixing something, listening. Find yours and give it before the holiday, not during it.”

A practice, not a one-time gesture

Rabbi Karro hopes this becomes something people return to each year, not a single gesture tied to this season alone.

“I want to see this duplicated,” he said. “Not from one person, but from many people who hear about it and decide to do their own version. That is how something small becomes something that lasts.”

He also connects the practice to teaching, which he considers central to his work as a rabbi and scribe.

“Teaching what I have learned means more people can do good for the people around them,” he said. “That is the whole point.”

About Rabbi Steve Karro

Rabbi Steve Karro is a rabbi, scribe, artist, and teacher based in Miami Beach, Florida. Born in Russia, he moved to Jerusalem at age 10 and began his Hebrew education there. At 13, he continued his studies at Yeshiva Ponovich in Bnei Brak, and by 19 he had earned his rabbinic certificate and diploma. Rabbi Karro works internationally as a Judaica calligraphy and oil painting artist, and as a scribe specializing in restoring old Torah scrolls, writing new Torah scrolls, mezuzahs, and tefilin, and checking Torah scrolls, mezuzahs, and tefilin for communities around the world.

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Sundas Naqvi: Moving Cities Does Not Mean Leaving Your Sound Behind

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Chicago, Illinois, 21st October 2026, ZEX PR WIRE, Chicago jazz and folk vocalist Sundas Naqvi shares the lesson she learned when she moved her music from southern England to the American Midwest, and what she now tells other musicians who relocate.

Leaving One Sound for Another

Sundas Naqvi grew up in southern England, singing in school choirs and small community concerts before she found jazz and folk music at university. That sound, built around British choir traditions and acoustic folk, was the only musical language she knew.

In her late twenties, she moved to Chicago. The city had its own musical history, built on blues, jazz clubs, and a folk scene that worked differently than anything she had performed in before. She had to figure out where her voice fit inside it.

“I thought I was bringing a finished sound with me,” Naqvi says. “What I actually brought was a starting point.”

What Changed, and What Did Not

Naqvi did not rebuild her style from scratch. The jazz standards she loved stayed. The folk influences she picked up in England stayed too. What changed was how she used them.

Chicago’s jazz lounges rewarded a different kind of phrasing than the rooms she had performed in back home. Its coffeehouses wanted something quieter and more conversational. Private events and seasonal festivals each asked for their own pacing. She learned to read a room the way she once read sheet music.

“The songs didn’t change,” she says. “I changed how I told them.”

That shift shaped the storytelling that now runs through her sets, songs built around resilience, family, and the small moments that connect strangers in a room. Naqvi says those themes came less from any single influence and more from paying attention to what audiences in her new city responded to.

The Lesson She Tells Other Musicians

Naqvi now volunteers with youth music education programs around Chicago, leading beginner songwriting workshops and vocal sessions. She says the musicians she meets, young and experienced alike, often make the same mistake she almost made: treating a new city, a new audience, or even a new venue as a place to perform an existing sound rather than a place to grow one.

“You don’t have to choose between where you came from and where you are,” she says. “But you do have to let the new place change you a little. If it doesn’t, you’re not really there yet.”

Her advice to musicians who relocate, or who are simply trying a new room for the first time, is to treat the first several performances as listening exercises. Watch how people react to pacing, silence, and song choice before deciding what to keep and what to adjust.

“A song that works in one room can fall flat in another,” Naqvi says. “That’s not a failure. That’s information.”

Still Bringing England Into the Room

Naqvi returns to England when she can, to see family and lifelong friends. She says those visits keep her connected to where her musical instincts started, even as her sound has grown around Chicago’s own traditions.

She still reads British literature alongside contemporary fiction, a habit she picked up long before she ever sang jazz. She spends free time exploring Chicago’s older neighborhoods and photographing its architecture, work she says sharpens the same instinct for detail she uses when she is writing a song.

“Noticing a building’s small details isn’t that different from noticing what makes a lyric land,” she says. “Both come down to paying attention to things most people walk past.”

That habit of attention, more than any single technique, is what she now tries to pass on in her workshops: slow down, notice the room, and let the place you are in actually shape the art you make there.

About Sundas Naqvi

Sundas Naqvi is an independent jazz and folk vocalist, songwriter, and occasional vocal coach based in Chicago, Illinois. She performs at neighborhood jazz lounges, coffeehouses, private events, and seasonal festivals throughout the city, blending jazz standards with contemporary folk influences. She also volunteers with youth music education programs, leading beginner songwriting workshops and vocal sessions for children in Chicago’s local arts community.

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