XRP Struggles to Maintain Momentum Despite High ETF Interest

The post The Best Cranberry-Orange Nut Bread (and It Doesn’t Need A Glaze) appeared on BitcoinEthereumNews.com. This festive colorful loaf of cranberry, orange and pecans will delight your friends and family either at home or as a gift. Elizabeth Karmel This time of year, cranberry and orange go together like peanut butter and jelly. It is a classic combination so perfect, it’s practically its own flavor. I’ve always loved the bright, tart combination of cranberry and orange, but most of the cranberry-orange loaves (I’ve tried) miss the mark. Too often, they’re dry and one-dimensional, relying on a sugary glaze for flavor. Last year, I decided to see if I could fix that. I set out to create a version of this popular loaf that would be moist and tender with bursts of tangy cranberry tempered by just enough sweetness and fragrant citrus—and delicious enough to stand on its own without a glaze. I experimented with chopping the cranberries, but ultimately preferred leaving them whole. I love the look of pockets of bright red from whole cranberries and the sharp burst of tart flavor. The liquid in the recipe is mostly fresh-squeezed orange juice. I top off the fresh juice with half and half to soften the acidity, and add a little extra moisture to the crumb. For extra citrus flavor, the zest of those same oranges is rubbed into the sugar to maximize the fragrant oil (from the zest). I often use clementines or mandarins when they are in season because I find them to be even more flavorful. The reverse creaming method calls for butter to be cut into the dry ingredients a.k.a. flour-sugar mixture until it is evenly disbursed and resembles fine sand. Elizabeth Karmel To insure that the loaf bakes tender and moist, I used the reverse creaming method—an easy, foolproof technique that’s less fuss than traditional creaming. Instead of beating butter and…

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…

TLDR Third quarter revenue reached 113.1 billion yuan ($15.90 billion), up 22.3% year-over-year Revenue missed analyst forecasts of 116.5 billion yuan Net profit jumped 80.9% to 11.3 billion yuan, beating expectations Stock declined 2.81% despite profit growth Shares up 18.2% year-to-date through Tuesday’s close Xiaomi delivered mixed third quarter results as revenue growth failed to [...] The post Xiaomi Stock: Profit Soars 81% But Shares Drop on Revenue Miss appeared first on Blockonomi.