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Tag: infrastructure

Uniswap Foundation Awards $9M Grant to Brevis for Trustless Router Rebate System

The Uniswap Foundation has awarded a grant of up to $9 million to Brevis, a leading ZK infrastructure developer, to design and manage a Router Rebate Program, a first-of-its-kind initiative built entirely on zero-knowledge proofs. The rebate system will allow DEX aggregators like 1inch and Matcha to receive gas rebates when routing user transactions through Uniswap v4 hooked pools. The goal is simple, to drive faster v4 adoption, deepen liquidity, and reward routers that power Uniswap’s next chapter. 🚀 @UniswapFND has awarded Brevis a grant to build a trustless gas rebate program for v4 routers! Up to $9M in rebates The post Uniswap Foundation Awards $9M Grant to Brevis for Trustless Router Rebate System appeared first.

Crypto Market Proves Its Strength After Major Selloff, Analysts Say

U. S. President Donald Trump’s declaration of 100% tariffs on Chinese imports sent shockwaves through global markets, and crypto was no [.] The post Crypto Market Proves Its Strength After Major Selloff, Analysts Say appeared first on Coindoo.

Ripple-linked Evernorth to go public in $1B SPAC to build massive XRP treasury

The move could make Evernorth one of the first public companies to anchor its balance sheet in XRP, signaling growing institutional appetite for digital assets. Evernorth Holdings, a digital asset company with ties to Ripple Labs, announced plans to go public through a merger with Armada Acquisition Corp. II, a Nasdaq-listed special purpose acquisition company (SPAC), in a move aimed at tapping growing institutional demand for publicly traded digital asset treasury firms. The transaction is expected to generate more than $1 billion in gross proceeds, including a $200 million investment from Japan’s SBI Holdings, a company with historical ties to SoftBank. Additional backing is expected from Ripple, Pantera Capital, Kraken and GSR, the company said. Evernorth said the funds will be used to build one of the world’s largest XRP (XRP) treasuries through open-market purchases of the digital asset. Read more.

Solana’s $9B TVL Milestone Sparks Talk of a New Meme-Powered Challenger

Soaring TVL and DEX Volume Empower Solana Solana recently achieved a significant milestone with its DeFi ecosystem boasting around $9. 3 [.] The post Solana’s $9B TVL Milestone Sparks Talk of a New Meme-Powered Challenger appeared first on Coindoo.

Analysts Caution Cardano (ADA) May Drop Further Before $1 Rebound After 12% Dip

Cardano (ADA) fell roughly 27% this week, slipping below the $0. 66 support as risk-off flows hit crypto. Bitcoin’s slide toward $104,000 and softer altcoin liquidity magnified downside, and on-chain data shows large holders leaning defensive. Related Reading: Is BlackRock About To Go Public With Ripple And XRP? Here’s What We Know Whale Flows Split as ADA Loses Support Santiment-tracked wallets holding 1-10 million ADA offloaded about 40 million ADA over seven days, while broader whale distribution reportedly reached 350 million ADA, pressuring price. other big wallets accumulated 140-200 million ADA, creating a split tape that’s fueling choppy consolidation between $0. 65-$0. 70. Derivatives add to the cautious tone. Cardano’s open interest slipped 2. 12% to $669. 9 million, and long liquidations ($1. 13 million) dwarfed shorts ($187, 000), signaling bulls bore the brunt of the latest flush. On the 4-hour chart, ADA is carving a falling wedge, but confirmation requires a breakout above $0. 74. Until then, momentum indicators remain mixed: RSI 37 (approaching oversold) while CMF 0. 12-0. 15 hints at returning spot inflows that have yet to overpower supply from large holders. Downside Risk First, Rebound Later Technicians flag a “risk-first” path: losing $0. 66 puts $0. 65 in play; failure there opens $0. 62-$0. 60, then $0. 57 (channel/structure confluence). A deeper shakeout could probe $0. 53 if broader crypto weakness persists. On the upside, ADA must reclaim $0. 66 and then clear $0. 74-$0. 80 (50-day EMA cluster) to flip trend strength. Above that range, bulls target $0. 86, with a psychological $1. 00 retest feasible into Q4 if risk appetite and flows improve. Several analysts still eye a path toward $1. 20-$1. 60 on a confirmed breakout, but most caution the market may dip before it rips given leverage resets and uneven liquidity. ETF headlines (including the Oct. 23 Grayscale ADA ETF decision window), stablecoin and ETF net flows, and whether whale selling cools. A rotation back into altcoins typically follows BTC stabilization; conversely, renewed BTC downside would likely extend ADA’s consolidation near the lows. ADA’s price trends to the downside on the daily chart. Related Reading: Why The Dogecoin Price Could Still Hit A 600% Rally To Send It Above $1. 5 New staking access (e. g., eToro U. S.) and ongoing initiatives like Midnight and Leios continue to broaden the roadmap, even as TVL ($288 million) lags larger chains. Cover image from ChatGPT, ADAUSD on Tradingview.

Tether Nominates Executives to Juventus Board After Investment in Club

TLDR Tether invested 10. 7% in Juventus earlier this year and seeks board control. Tether nominates Zachary Lyons and Francesco Garino to Juventus’ board. Tether pushes for better governance and minority representation at Juventus. Juventus faces leadership changes after a financial fraud scandal in 2022. Tether, the issuer behind the stablecoin USDT, is looking to expand [.] The post Tether Nominates Executives to Juventus Board After Investment in Club appeared first on CoinCentral.