A well-known Bitcoin whale has returned to high-stakes trading with a sizable Ethereum position, adding fresh momentum to a market that is only beginning to recover. According to on-chain data, the trader known as “1011short” deposited $10 million in USDC to the decentralized exchange Hyperliquid before opening a 5x leveraged long position. The move created a $44. 15 million exposure backed by 15, 000 ETH, marking one of the whale’s largest recent trades. The entry price for the position was $2,945. 83 per ETH, placing the wallet slightly in the red as Ethereum hovers near $2,896. This leaves the position with an unrealized loss of over $38,000. The trade remains active, with a liquidation level of $2,326. 6, providing the whale with a sizable buffer amid current volatility. Advertisement Market Shows Signs of Rebound After Recent Sell-Off The whale’s re-entry comes at a moment when the broader crypto market is starting to regain stability. Bitcoin reclaimed the $89,000 level today and is up 1. 37% over the past 24 hours. Even so, the asset remains more than 20% below its peak last month, highlighting the depth of the recent correction. This improving sentiment has also lifted major altcoins. Solana climbed to $137. 88, posting a 5. 6% daily gain, while XRP rose 8. 59% to $2. 23. Liquidations Spike as Prices Rebound The market’s sharp swing back into positive territory triggered a significant wave of liquidations, particularly for bearish traders. Data from Coinglass shows that $337. 86 million in leveraged positions were liquidated in the last 24 hours. Indeed, the rapid price movements caught many traders off guard, particularly those positioned against the rebound. A total of 112, 021 traders were liquidated during this window, with short sellers suffering the heaviest losses. Nearly $233. 05 million in short positions disappeared as prices reversed upward. Meanwhile, long traders also felt some pressure, albeit to a lesser degree, with losses of $104. 81 million. Notably, the largest single liquidation occurred on Hyperliquid DEX, where an $8. 61 million BTC-USD order was wiped out. Bitcoin and Ethereum Lead Liquidation Totals Reflecting their dominant market positions, Bitcoin and Ethereum accounted for the bulk of these losses. Bitcoin saw $119. 17 million in liquidations, while Ethereum followed with $73. 34 million. Overall, these totals highlight continued aggressive use of leverage across the top two cryptocurrencies, even amid heightened uncertainty.
https://thecryptobasic.com/2025/11/25/major-whale-reenters-ethereum-market-with-44m-long/
Tag: decentralized
The Next Big Crypto is Here, Version 1 of Protocol Is on the Way in Q4 2025
A New Generation of DeFi Platforms: Mutuum Finance (MUTM)
A new generation of DeFi platforms is beginning to take shape—projects that focus on real utility rather than hype. Mutuum Finance (MUTM) stands out as one of these innovative protocols. It is being designed to make decentralized lending more predictable, transparent, and rewarding.
The team is set to release Version 1 of its protocol on the Sepolia Testnet in Q4 2025, bringing core lending mechanics and collateral systems into action. In a market often driven by speculation, Mutuum’s product-first strategy makes it a serious contender for those looking for a strong crypto investment.
### Mutuum Finance (MUTM) Presale Progress
Mutuum Finance (MUTM) is now in Phase 6 of its presale. The total token supply is 4 billion, with the current price set at $0.035. The next stage will increase the price to $0.040—a 20% rise. Around 87% of this phase is already sold, rapidly approaching the 90% mark.
Over $18.5 million has been raised so far, with more than 17,800 holders on board. The token is available for purchase by card with no upper limits, enabling easy participation for newcomers before the price steps up. This rapid progress demonstrates strong investor confidence in a crypto project focused on delivery over empty promises.
### Product-Driven Design and Core Architecture
Version 1 of Mutuum Finance (MUTM) will include all the building blocks needed for a robust DeFi ecosystem:
– **Liquidity Pools:** Users can deposit assets and earn interest. Lenders receive mtTokens—digital receipts tracking deposits and accrued yield.
– **Borrowing System:** Borrowers receive Debt Tokens, representing outstanding obligations.
– **Automatic Liquidations:** The platform’s Liquidator Bot triggers automatic liquidations when collateral values fall too low. It buys back debt positions at a discount, ensuring ecosystem stability and protecting lenders from borrower defaults.
Version 1 will initially support ETH and USDT, maintaining predictable liquidity and smooth liquidations during early testing.
#### Built-In Stablecoin
Mutuum Finance will also introduce a built-in stablecoin system. When users lock collateral, a decentralized stablecoin pegged to the dollar is minted. Upon repayment or liquidation, that stablecoin is burned. Every mint and burn generates transaction demand for MUTM, as platform fees and collateral rebalancing require interaction with the token. This continuous activity drives real utility for the token in lending, staking, and buyback modules.
### Stable Interest Rate Model & Stability Factor
The platform’s interest rate mechanics balance flexibility and fairness:
– **Variable Rates:** Borrowers preferring dynamic rates will see interest rates driven by pool utilization—rates increase as liquidity is used, and decrease when liquidity is plentiful.
– **Stable Rates:** For predictable repayments, the Stable Interest Rate Model locks in a rate at borrowing time, calculated from the weighted average of the variable rate and key market factors. This stable rate starts slightly higher than the variable rate.
To maintain system stability, a rebalancing rule raises the stable rate if the supply rate drops to or below 90% of the all-variable rate. Only steady, low-volatility assets like ETH or USDT will qualify for stable-rate borrowing. Every loan is overcollateralized, and a Stability Factor ensures borrowers maintain healthy collateral levels. If collateral falls below safe thresholds, the system triggers liquidation, allowing liquidators to repurchase the debt at a discount—protecting pool stability.
### Security, Incentives, and Community Engagement
Mutuum Finance (MUTM) has already completed a smart contract audit with CertiK, a leading blockchain security firm. In addition, the platform has allocated $50,000 for a bug bounty program, with rewards ranging from $200 for minor issues up to $2,000 for critical discoveries. These initiatives show Mutuum’s commitment to security, meeting high standards expected by major exchanges and institutional investors.
User engagement is another major highlight. A live dashboard lets investors model returns, view holdings, and plan reinvestments. The platform also features a daily leaderboard: the top trader of the day receives $500 in MUTM, while the top 50 participants earn smaller bonuses. To qualify, users need only complete one transaction within the 24-hour period. This system promotes consistent engagement and trading volume.
### Open Market Buybacks: Reinforcing Token Value
Platform-generated revenue from lending and borrowing will fund open market buybacks. Repurchased MUTM tokens are distributed to mtToken stakers, creating a sustainable feedback loop: user activity generates fees; fees fund buybacks; buybacks reward stakers. This structure supports long-term value and reduces sell pressure.
Earlier phase investors are already realizing returns. For example, a $3,000 investment in Phase 4 at $0.025 secured 120,000 tokens. At the current $0.035 price, that holding is worth $4,200. Should the project’s valuation expand, that stake could reach $8,400 at 200% growth, $12,600 at 300%, and over $63,000 in a 15x cycle.
### Growing Recognition and Community
Mutuum Finance (MUTM) is positioning itself for wider recognition with a focus on real features, stable lending models, and audit-backed security—appealing to both retail and institutional investors. Social momentum is growing, with over 12,000 Twitter followers and a $100,000 giveaway campaign.
Phase 6 is nearing 90% completion. The upcoming price level of $0.040 marks a 20% increase, making this one of the last opportunities before the next step-up. Interested investors can buy directly with a card, access the dashboard, join the leaderboard, and follow the progress of Sepolia V1 development.
For those seeking a serious crypto investment built on real technology, Mutuum Finance (MUTM) stands as the next big crypto on the horizon.
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**For more information about Mutuum Finance (MUTM):**
Website: [Enter Website Link]
Linktree: [Enter Linktree Link]
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**Disclaimer:**
This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.
—
**Author**
*Reporter at Coindoo*
Krasimir Rusev is a journalist with many years of experience covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source for investors, traders, and anyone following the crypto world.
https://coindoo.com/the-next-big-crypto-is-here-version-1-of-protocol-is-on-the-way-in-q4-2025/
Bitchat hits #2 on app charts in Jamaica as Hurricane Melissa strikes
Jamaicans have rushed to download Jack Dorsey’s decentralized peer-to-peer messaging app, Bitchat, as the fatal Hurricane Melissa continues to rip through the Caribbean. Bitchat, which uses Bluetooth mesh networks for internet-free, encrypted communication, is now the second-most downloaded app on the Apple App Store and Google Play in Jamaica. The app offers a lifeline for 2.8 million people as internet coverage continues to falter in the region.
Bitchat only trails the weather forecast platform Zoom Earth, indicating that two of their most basic needs right now are to know what the weather is and to communicate with one another.
CNN reported on Wednesday that Hurricane Melissa has killed over 30 people in the Caribbean, including at least 23 in Haiti, while countless homes and businesses have been destroyed.
Until recently, adoption of decentralized, encrypted messaging apps was driven primarily by users leaving centralized communication platforms that may censor content or impose other restrictions. However, Bitchat has since become a critical solution for people in countries where internet access has been disrupted, whether due to government interference or natural disasters.
In September, Bitchat downloads rose significantly in Nepal amid government corruption and a social media ban that blocked Facebook, Instagram, WhatsApp, and YouTube, triggering widespread protests. Downloads also rose in Indonesia a week earlier amid protests. A similar incident occurred in Madagascar later that month, amid protests over ongoing water and power cuts.
The European Union has also been mulling the controversial “Chat Control” law, which would eliminate encrypted messaging, forcing apps like Telegram, WhatsApp, and Signal to allow regulators to screen messages before they are encrypted and sent.
The proposal, which aims to spot child abuse material, was moving closer toward passing in October before Germany expressed opposition, arguing that scanning private messages is unconstitutional. The vote has now been postponed, with another vote set for early December.
https://cointelegraph.com/news/bitchat-second-ranked-app-jamaica-as-hurricane-strikes?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
Kadena’s Sudden Shutdown Marks the End of a $3 Billion Experiment
In the early days of blockchain innovation, Kadena stood apart. It wasn’t the brainchild of idealistic coders or anonymous crypto veterans—it came from Wall Street’s inner circle. Two JPMorgan engineers, Stuart Popejoy and Will Martino, set out in 2016 to build something they believed could fix both the inefficiency of Bitcoin and the bureaucracy of traditional finance.
Their idea was ambitious: a proof-of-work network that could scale like Visa without compromising security. They called it Chainweb, a parallel blockchain structure capable of handling hundreds of thousands of transactions per second. Kadena’s smart contract language, Pact, was promoted as foolproof—an antidote to the bugs and exploits that plagued early DeFi.
For a while, it looked like they had cracked the code.
### The Hype Before the Fall
By 2021, the KDA token was one of the hottest names in crypto. Its market value soared to over $3 billion, and media outlets dubbed it “the Solana killer.” Venture funds circled. The founders, polished and professional, spoke of building a bridge between corporate finance and blockchain’s new frontier.
But Kadena’s dream began to fade just as quickly as it had caught fire.
The crypto winter of 2022 was brutal, but other projects adapted by pivoting to proof-of-stake or integrating with Ethereum. Kadena doubled down on its proof-of-work ideals and fell behind.
Inside the ecosystem, friction was building. The team’s relationship with Kaddex, its main decentralized exchange partner, deteriorated amid disputes over control and development priorities. While Kadena announced grant funds worth $150 million, only a fraction of that capital ever reached developers.
### October 2025: The Breaking Point
Then came the October crash—a global market shock triggered by Donald Trump’s 100% tariffs on China. Kadena’s token lost nearly half its value overnight, plunging below $0.25.
Four days later, Kaddex accused Kadena of blocking node access, effectively cutting off the DEX from the network. Within a week, Kaddex abandoned ship, announcing a migration to Ethereum.
The final blow came on October 21, when Kadena posted a short message on its official X account: “All operations will cease immediately due to unfavorable market conditions.” At first, traders assumed the account had been hacked, but confirmation came from the project’s Discord. Kadena was gone.
Within two hours, KDA had collapsed by over 60%, trading at less than nine cents. Its market cap was obliterated, losing more than $260 million.
### Collapse or Controlled Exit?
The crypto community was quick to speculate. Some accused the Kadena team of insider trading, alleging that key members had opened short positions before the announcement. Others dismissed those claims as baseless, arguing the project had simply run out of money.
Blockchain analysts who reviewed the data say the answer is less scandalous but more damning. Kadena’s treasury model was unsustainable. The company overpromised on grants, mismanaged reserves, and failed to communicate its financial situation until it was too late.
“It wasn’t a rug pull,” one developer said. “It was death by corporate mismanagement.”
### The Network That Keeps Breathing
Incredibly, the Chainweb network still runs. Blocks continue to be produced, and Kadena’s emission schedule—set to last until the year 2139—remains hardcoded into its system.
But without leadership, funding, or direction, the network has become a digital ghost town. Some diehards in the community have vowed to revive it through a decentralized effort. Others have already moved on, calling Kadena “a cautionary relic of the last bull run.”
One former contributor summed it up bluntly: “Kadena isn’t dead because of its tech—it’s dead because no one’s left to care for it.”
### From Wall Street Precision to Startup Chaos
The irony of Kadena’s collapse isn’t lost on observers. A project born from Wall Street’s obsession with order and discipline ended up succumbing to the same rigidity it tried to escape.
Its engineers designed one of the most advanced blockchains ever conceived, but its leadership failed to adapt to crypto’s unpredictable nature.
Today, Kadena stands as a reminder that innovation alone doesn’t guarantee survival. Vision needs community. Structure needs transparency.
And in crypto, the projects that thrive aren’t always the most sophisticated—they’re the ones that can evolve when the world changes.
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*The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.*
**Author:** [Author Name]
https://coindoo.com/kadenas-sudden-shutdown-marks-the-end-of-a-3-billion-experiment/
Cardano News: ADA Shows Strong Fundamentals As Staking Hits Record Levels, Could $3 Be On The Horizon?
Recent news about Cardano has brought renewed hope to the market. The level of ADA stakes is at an all-time high, reflecting strong confidence in the network despite the fluctuating market conditions. Analysts believe that Cardano’s fundamentals continue to improve, even as investors explore new opportunities like Remittix, a PayFi project that has already raised over $27.6 million by selling 679 million tokens at $0.1166 each.
With its rapid growth and real-world payment utility, many view Remittix as the next big altcoin in 2025 alongside Cardano’s resurgence. The most recent emphasis, however, remains on Cardano’s staking ecosystem. Over 59% of ADA tokens are staked — a record that underscores investor confidence in Cardano’s long-term prospects.
Market analyst Dan Gambardello noted that ADA has formed a “W” double bottom structure, a pattern that often precedes major uptrends. He explained that Cardano must reclaim the $0.75 Bollinger baseline to confirm a breakout, which could push prices toward $3 in the next major rally.
Despite this optimistic outlook, derivatives data reveal a cautious mood, with Open Interest dropping to yearly lows as short bets rise. While short-term corrections may test the $0.60 level, Cardano’s solid fundamentals and strong staking engagement keep investors bullish. Many Cardano news outlets now predict that ADA could be one of the best DeFi projects in 2025, provided it maintains momentum and expands its real-world use cases.
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### Remittix: The PayFi Token Stealing the Spotlight
As ADA consolidates, Remittix continues to surge as one of the most promising PayFi projects in the crypto space. It combines decentralized finance with practical payments, allowing users to send crypto to bank accounts across more than 30 countries. Analysts say this kind of utility could make Remittix the next 100x crypto as investors rotate from traditional DeFi into projects addressing real-world problems.
Here’s why Remittix is catching investor attention:
– Allows users to send crypto directly to bank accounts quickly and securely.
– Beta wallet launched with multi-asset PayFi transfers.
– Offers a 15% USDT referral program, claimable daily through the dashboard.
– Ranked #1 on CertiK’s Pre-Launch leaderboard.
– Plans for global expansion with Bitmart and Lbank, alongside major centralized exchange (CEX) listings.
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### Why Remittix Could Be The Next Big Crypto Win
While Cardano news remains positive, Remittix stands out as a token with unmatched growth potential. Its mix of security, utility, and innovation positions it as a low gas fee cryptocurrency built for real adoption.
As investors seek the best crypto projects for 2025, Remittix’s rise suggests the next generation of payment tokens is already here. Early buyers could potentially hold the next big altcoin poised for 50x returns.
Discover the future of PayFi with Remittix by visiting their official project channels:
– Website: [Insert Website Link]
– Socials: [Insert Social Links]
– $250K Giveaway: [Insert Giveaway Details]
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*This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related activities. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned.*
*Always do your own research.*
—
**About the Author**
Krasimir Rusev is a seasoned journalist at Coindoo with many years of experience covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise makes him a valuable source of information for investors, traders, and crypto enthusiasts alike.
https://coindoo.com/cardano-news-ada-shows-strong-fundamentals-as-staking-hits-record-levels-could-3-be-on-the-horizon/
Jupiter Unveils Ultra V3, Its Most Powerful Solana Trading Engine Yet
Jupiter Unveils Ultra V3, Its Most Powerful Solana Trading Engine Yet
Jupiter has launched Ultra V3, its next-generation trading engine designed to elevate execution quality across Solana’s DeFi markets. This major update introduces advanced meta aggregation, predictive execution, and enhanced defenses against sandwich attacks, marking a significant leap toward faster, safer, and more transparent trading on Solana.
**Iris Router and Predictive Execution: Smarter Crypto Pricing**
At the heart of Ultra V3 lies the Iris router, which replaces Jupiter’s former Metis routing system. Iris aggregates data from multiple routers—including JupiterZ, DFlow, Hashflow, and OKX—to secure the best on-chain prices available. Employing sophisticated mathematical methods such as the Golden-section and Brent’s algorithms, Iris achieves up to 100 times better routing performance.
JupiterZ, the platform’s proprietary RFQ system processing roughly $100 million in daily volume, now integrates exclusively with Ultra V3. Combined, these technologies enable more accurate trade execution with minimal slippage, effectively narrowing the gap between quoted prices and actual trade outcomes.
Further enhancing this is the Predictive Execution feature, which prioritizes optimal trade routes by simulating real-time results ahead of trade confirmation. This approach helps prevent quote inflation issues common on decentralized exchanges, ensuring users receive authentic market execution prices. Jupiter reports that this model results in consistent positive slippage, outperforming competitors that often experience negative averages.
**ShadowLane and Gasless Trading: Speed and Security for Solana Users**
Another core innovation is ShadowLane, Jupiter’s proprietary transaction landing engine optimized for speed and precision. By handling trade execution internally—without relying on external relays or third-party order flow processors—ShadowLane delivers a threefold increase in successful trade landings and slashes latency to as low as 50 milliseconds.
Ultra V3 significantly strengthens protection against miner extractable value (MEV) exploits, offering 34 times better sandwich attack defense compared to other terminals. The new Real-Time Slippage Estimator (RTSE) dynamically adjusts slippage settings to maintain smooth transaction flows, even during volatile market conditions.
Additionally, Ultra V3 expands gasless trading capabilities. Users can now execute swaps without holding SOL, as Jupiter automatically deducts gas fees directly from the trade value. This upgrade supports Token-2022 assets and facilitates smaller trade sizes, making decentralized finance more accessible to users with smaller wallets.
**Seamless Integration Across Jupiter’s Ecosystem**
Ultra V3 is fully integrated across Jupiter’s web, mobile, desktop, and API platforms. It also powers Jupiter Pro tools such as Terminal, Screener, and Analytics, catering to professional traders by ensuring consistent experiences and deeper data insights across devices.
By combining precise execution, robust on-chain safety, and enhanced user accessibility, Ultra V3 raises the standard for Solana-based DeFi infrastructure. The update is already live across Jupiter’s entire product suite and is available to both retail and institutional users.
Experience faster, safer, and smarter trading on Solana with Jupiter Ultra V3 today.
*The post Jupiter Unveils Ultra V3, Its Most Powerful Solana Trading Engine Yet appeared first on Blockonomi.*
https://bitcoinethereumnews.com/tech/jupiter-unveils-ultra-v3-its-most-powerful-solana-trading-engine-yet/?utm_source=rss&utm_medium=rss&utm_campaign=jupiter-unveils-ultra-v3-its-most-powerful-solana-trading-engine-yet