Latest news with #Uniswap
Yahoo
6 days ago
- Business
- Yahoo
Mastercard Expands Digital Currency Reach via Fiserv & Chainlink
Mastercard Incorporated MA has strengthened its dedication to blockchain technology through two innovative partnerships, Fiserv and Chainlink. These partnerships seek to increase the users' access to stablecoins and cryptocurrencies by utilizing MA's extensive global payment network. Mastercard is incorporating the new FIUSD stablecoin into its network through a partnership with Fiserv. With this change, more than 150 million merchants will be able to use stablecoin for easy payments and settlements. Some of the standout features include enabling merchants to settle in FIUSD, the issuance of cards linked to stablecoin and the integration of Fiserv's Finxact-powered platform with MA's Multi-Token Network. Customers and banks around the world will be able to access on-chain programmable commerce as a result. At the same time, Mastercard and Chainlink have teamed up to allow their more than 3 billion cardholders to buy cryptocurrency assets directly on-chain. Fiat-to-crypto conversion and smart contract execution are connected by this integration, which is backed by Chainlink's secure interoperability infrastructure and supported by companies like zerohash, Swapper Finance, Shift4 Payments and XSwap. On platforms like Uniswap, users can now access decentralized liquidity and convert fiat money into cryptocurrency. This dual approach is a strong indication that MA is establishing a future-proof infrastructure. The company is positioning itself as a neutral transaction layer that bridges traditional finance and blockchain ecosystems. This strategic move could give it a significant edge as regulatory clarity continues to evolve around the world. MA supports merchant settlement in USDC and enhances cross-border transfers with Crypto Credential for secure transactions. Wirex, Bit2Me, Lirium, Notabene, and Mercado Bitcoin have also joined the Mastercard Crypto Credential ecosystem. Some of MA's card issuance partners, like Kraken, OKX and Bleap, are playing a key role in bridging the gap between the crypto economy and everyday spending. Year to date, MA shares have gained 5.6% compared with the industry's growth of 4.1%. Image Source: Zacks Investment Research MA currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the business services space are OppFi Inc. OPFI, Green Dot Corporation GDOT and Sezzle Inc. SEZL, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for OppFi's current-year earnings of $1.23 per share has witnessed two upward revisions in the past 60 days against no movement in the opposite direction. OppFi beat earnings estimates in each of the trailing four quarters, with the average surprise being 59.5%. The consensus estimate for current-year revenues is pegged at $578.4 million, implying 10% year-over-year growth. The Zacks Consensus Estimate for Green Dot's current-year earnings of $1.22 per share has witnessed two upward revisions in the past 60 days against no movement in the opposite direction. Green Dot beat earnings estimates in two of the trailing four quarters and missed twice, with the average surprise being 5.6%. The consensus estimate for current-year revenues is pegged at $2.1 billion, calling for a 20.2% year-over-year increase. The Zacks Consensus Estimate for Sezzle's current-year earnings of $3.26 per share has witnessed two upward revisions in the past 60 days against no movement in the opposite direction. Sezzle beat earnings estimates in each of the trailing four quarters, with the average surprise being 159.9%. The consensus estimate for current-year revenues is pegged at $441.8 million, suggesting 62.9% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA) : Free Stock Analysis Report Green Dot Corporation (GDOT) : Free Stock Analysis Report OppFi Inc. (OPFI) : Free Stock Analysis Report Sezzle Inc. (SEZL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Cision Canada
7 days ago
- Business
- Cision Canada
HTX Leads the Charge: Tech Sets the Stage for the Institutional DeFi Summer
PANAMA CITY, June 26, 2025 /CNW/ -- HTX Research, a research arm of the leading cryptocurrency exchange HTX, published its latest report, " The Technological Evolution and the Foundation of the Credit System Behind 'Institutional DeFi Summer '". This report systematically reviews technological advancements in institutional applications and credit mechanisms, delving into the policy-driven surge of institutional DeFi as regulatory tailwinds in the U.S. ease constraints on digital assets. A new DeFi summer is emerging, not for retail investors, but for institutions. Central to this shift, HTX has recently doubled down its focus on the DeFi sector. Following the listing of SPK (Spark), the flagship part of MakerDAO's Endgame roadmap, HTX continues to offer users access to high-yield DeFi opportunities while connecting institutional capital and on-chain liquidity. HTX Stands at the DeFi's Forefront HTX is ramping up its DeFi expansion as institutional adoption gains pace. Recent trading data highlights a renewed enthusiasm in the DeFi market. Over the past week, UNI (Uniswap, an Ethereum-based DEX) surged by 31% while RAY (Raydium, a Solana-based DEX) jumped 39%. Lending protocols like AAVE and SNX (Synthetix) gained 13% and oracle leader LINK (Chainlink) added 10%. Notably, real world assets (RWA) token ONDO experienced significant interest, driven by capital inflows from the U.S.. HTX has also made strategic moves into emerging ecosystems. Post-listing, Sui-based tokens like BLUE and CUTES demonstrated strong performance, underscoring HTX's ability to identify high-potential assets in nascent DeFi ecosystems. Regulatory Relaxation: Paving the Way for Institutional Entry According to HTX Research, two key developments in 2025 catalyzed the institutional wave for DeFi: the repeal of SAB 121 and the advancement of the GENIUS Act. These policies provide a solid foundation for traditional financial institutions to legally issue stablecoins and participate in on-chain finance. Against this backdrop, Wall Street investment bank Cantor Fitzgerald partnered with DeFi lending platform Maple Finance to execute the first on-chain Bitcoin loan transaction. The bank deposited its acquired BTC into Maple and earned an annualized yield of 4–6%. Symbolically, Cantor Fitzgerald's helmsman is none other than U.S. Commerce Secretary Howard Lutnick, signaling growing confidence in DeFi's institutional future and a future of "on-chain mainstream finance". On-Chain Credit Rises Along with Institutional DeFi Institutional-grade applications in DeFi are rapidly taking shape. Maple Finance's TVL has surpassed $2 billion and continues to grow. Moreover, MakerDAO's Spark protocol allocated $50 million directly to Maple, building on-chain lending products that generate a stable yield of 10-17%. This establishes a multi-step credit loop that mirrors the complexity and yield sophistication of traditional finance. HTX Research identifies a wave of technical and structural upgrades transforming DeFi into an institutional-grade financial layer: Sybil Resistance and On-Chain Trust: Projects like 3Jane form a decentralized credit rating system combining ZK and FICO scores to offer non-collateralized USDC loans to small- and medium-sized institutions. Structured Debt Instruments (CLOs): Currently, several DeFi protocols, such as Maple, are developing on-chain collateralized loan obligations (CLOs), issuing different classes of debt securities—senior and junior—to meet investors' varied risk preferences and offering greater liquidity and transparency through smart contracts. Credit Default Swaps (CDS): Aave's Umbrella module and Opium's CDS products reduce counterparty default risk in DeFi through automatic execution and tradable agreements. Delegated Lending and Restaking Insurance: Maple's "pool delegate + sub-leading" model expands the coverage and layering of lending services. SyrupUSDC boosts capital efficiency through a "restaking + insurance pool" design. The Future of DeFi: High-Dimensional AMMs and Modular Stablecoins With institutions now actively engaging with DeFi, the infrastructure must evolve. Platforms like Uniswap V3 and Curve, though dominant, often face challenges in multi-asset environments. To address this, Paradigm has recently proposed the Orbital AMM, which leverages spherical and toroidal invariants in high-dimensional space to enable single-pool, multi-assets trading, significantly reducing slippage and maximizing capital efficiency. As the stage is set for an institutional DeFi summer, HTX remains committed to expanding in DeFi, leveraging its forward-thinking insights and comprehensive product offerings to empower users to seize opportunities in the burgeoning on-chain finance landscape. About HTX Research HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends. Committed to providing data-driven insights and strategic foresight, HTX Research plays a pivotal role in shaping industry perspectives and supporting informed decision-making within the digital asset space. Through rigorous research methodologies and cutting-edge analytics, HTX Research remains at the forefront of innovation, driving thought leadership and fostering a deeper understanding of evolving market dynamics.
Arabian Post
19-06-2025
- Business
- Arabian Post
Nordic Crypto Expansion: 21Shares Lists Five New ETPs in Stockholm
Zurich-based 21Shares AG has extended its reach in the Nordic financial market by adding five cryptocurrency exchange-traded products to Nasdaq Stockholm, taking its total offerings on the Swedish exchange to ten. The newly cross-listed products—Uniswap, Avalanche, Bitcoin Gold, Solana Core Staking and Ethereum Core —join the firm's existing Bitcoin, Ethereum, Solana, XRP and Bitcoin Core ETPs. This move reflects mounting interest among both retail and institutional investors in regulated access to a broader range of digital assets via established trading venues. With the latest additions, 21Shares reinforces its position as a leading provider of physically backed, transparent crypto investment products in Europe. Mandy Chiu, Head of Financial Product Development at 21Shares, highlighted that the expansion enables investors to craft more bespoke portfolios. 'By offering a broader selection of single‑asset and thematic crypto ETPs, we're empowering investors to build more customised and resilient portfolios through a familiar exchange environment,' she said. Nasdaq's European ETF & ETP head, Helena Wedin, welcomed the new suite, noting such innovation as shaping the future of capital markets. ADVERTISEMENT The newly listed ETPs offer exposure to distinct niches within the crypto ecosystem. AUNI provides a stake in Uniswap, the leading decentralised exchange. AVAX tracks Avalanche, a platform noted for its scalability. BOLD focuses on Bitcoin Gold—a fork designed to democratise mining. CSOL delivers both Solana price exposure and staking yield, while ETHC covers Ethereum's core asset. These additions allow investors to target specific segments, from DeFi protocols to next‑generation blockchains and staking-enabled assets. All 21Shares ETPs are physically collateralised and traded under regulated frameworks, removing the burden of wallet management and key custody. Fees range from 0.21% to 2.50% annually, offering a competitive alternative to direct crypto exchange transactions. The firm's products are also listed on Euronext Paris, Amsterdam, London and SIX Swiss Exchange, contributing to a diversified pan-European presence. This latest development comes as Europe prepares for implementation of the Markets in Crypto‑Assets Regulation, aimed at standardising crypto oversight. More listings on regulated exchanges help issuers align with the evolving regulatory landscape. 21Shares' strategy compares with best-in-class players in traditional finance pushing crypto integration. From Bitcoin and Ethereum to platforms like Solana and Avalanche, the firm's growing suite meets demand both for mainstream exposure and thematic investment strategies. Despite these advances, some challenges persist. Liquidity conditions for less‑traded tokens such as Bitcoin Gold can be thin, and tracking discrepancies may emerge between product performance and spot prices. Fees, while competitive, can vary significantly: niche products may carry noticeably higher rates, impacting returns. Nevertheless, for investors seeking regulated and familiar vehicles, the benefits are tangible. ETPs provide access through existing brokerages, transparency under established compliance standards and relief from the technical complexity of self-custody. This expansion also underscores Nasdaq Stockholm's evolving role as a hub for crypto‑linked financial instruments. Stockholm's regulatory environment and market infrastructure make it attractive for issuers and investors alike. The increased product diversity enhances its appeal to both domestic and regional markets. Beyond booming local interest, 21Shares continues to push forward globally. In the US, the firm is pursuing approvals for a suite of spot crypto exchange-traded funds—including for Solana, XRP, Dogecoin, Polkadot, and Sui—as it seeks to replicate its European success. Additionally, its ARK 21Shares Bitcoin ETF underwent a 3‑for‑1 stock split on 16 June to enhance accessibility. Since launching the first physically backed crypto ETP in 2018, 21Shares has built a track record of innovation and adaptation. Backed by deep market expertise and proprietary custody systems, the company now manages approximately US $9.15 billion in assets under management. Leadership changes—including new CEO Russell Barlow—reflect an evolving operational structure focused on scalability.
Yahoo
19-06-2025
- Business
- Yahoo
UNI Rallies 70% From April Lows With Bullish Pattern Taking Shape, Up 24% in Past 30 Days
Uniswap's governance token continues its impressive comeback, trading above $7.46 Tuesday after rallying 70% from its yearly low of $4.551 on April 7. The token has logged seven weekly gains in the past eight weeks—its longest positive stretch since early 2023—and is now firmly trading above key resistance levels that capped earlier recovery attempts. The broader structure now reflects a classic bullish reversal, with a prolonged downtrend giving way to sharp rebounds, strong support formation, and improving sentiment around Uniswap's on-chain governance and market role. Buyers absorbed a sharp drawdown earlier in the session and quickly stepped back in, establishing a new base around $7.14–$7.17. That support zone now defines the lower bound of the token's recent trading range. The latest rally saw the token push through prior local highs despite some intraday profit-taking near the $7.52 mark. The consistent pattern of higher lows and strong volume near key inflection points indicates a potentially sustainable uptrend, though a clean break above $7.60 would likely be needed to confirm a full momentum shift. Technical Analysis Highlights UNI traded in a 24-hour range of $0.650, from $7.142 to $7.792, reflecting 8.7% intraday volatility. A sharp sell-off bottomed at $7.142 during the 10:00 hour, with volume spiking to 3.96 million—78% above the daily average. The following hour saw volume increase to 4.69 million as buyers stepped in, triggering a V-shaped recovery. Price reached $7.578 by 15:00 before facing resistance and temporary consolidation. At 17:33, UNI dipped to $7.37, followed by a surge between 17:37 and 17:39, with volume rising to nearly 3x the hourly average. Price peaked at $7.53 during the 18:00 candle with volume of 162K, representing a 5.8% gain from the hour's low. Despite some profit-taking near $7.52, price action held above mid-range, extending the recovery into a more defined uptrend. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Sign in to access your portfolio
Yahoo
17-06-2025
- Business
- Yahoo
Meta Pool, a Liquid Staking Protocol, Suffers $27M Exploit
Multi-chain liquid staking protocol Meta Pool suffered a smart contract exploit on Tuesday, resulting in the loss of $27 million. Blockchain security firm PeckShield reported that a bug in the protocol's staking contract allowed users to freely mint mpETH, the protocol's liquid staking token (LST). While an attacker managed to mint $27 million worth of the tokens, a lack of liquidity on Uniswap meant that they could only swap 10 ETH worth ($25,000). An Etherscan transaction before the exploit took place showed that an account labeled as "MEV Frontrunner Yoink" removed 90 ETH worth of liquidity from the pool. Meta Pool is yet to post any updates about the exploit on social media. Total value locked (TVL) for the project still stands at $75 million, according to DefiLlama, while the protocol's MPDAO governance token trades at $0.02 on minimal volume. The exploit continues a trend from May that saw investors lose $302 million to hacks, scams and exploits, according to in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
