Britain Follows the US Lead and Launches New Initiative in Favor of Cryptocurrencies

The post 2025 Ryder Cup Apparel And Merchandise Roundup appeared on BitcoinEthereumNews.com. The Penfold Golf 1927 Ryder Cup collection features U.S. and Europe Team Sunday bags. Penfold Golf The 2025 Ryder Cup will be played from September 26-28 at Bethpage Black in Farmingdale, N.Y. As the preeminent team event in men’s professional golf, this biennial competition features 12-member teams from the United States and Europe competing in five match-play sessions across three days. The U.S. Team has lost 10 of the last 14 editions of the Ryder Cup dating back to 1995, including 16 1/2 to 11 1/2 two years ago in Rome. Like they do in celebration of The Masters, legacy and emerging golf brands like Ralph Lauren, Holderness & Bourne, Greyson, Penfold Golf and Devereux try to make a splash with Ryder Cup-themed apparel, merchandise and accessories. Here’s a few 2025 Ryder Cup apparel and merchandise highlights. Ralph Lauren U.S. Ryder Cup Map Jacket The U.S. Ryder Cup Map Jacket from Ralph Lauren. Ralph Lauren As the official outfitter for the U.S. Team for the 2025 Ryder Cup, not only is Ralph Lauren responsible for properly equipping captain Keegan Bradley, his staff and players for success between the ropes, the iconic American brand also released men’s and women’s commemorative collections in celebration of this year’s event. The U.S. Ryder Cup Map Jacket ($598) is a red and navy satin jacket featuring a collage of golf Americana including the 1927 Trophy, Bethpage Black, NYC skyline, bald eagle, American flag, stars and stripes. Sugarloaf x Devereux Old Faithful Polo The Old Faithful polo pays homage to the 1994 USMNT home jersey. Sugarloaf x Devereaux Like Justin Thomas and Jordan Spieth at Ryder Cups of yesteryear, Sugarloaf and Devereaux have teamed up for a standout Ryder Cup collection that not only pays homage to this year’s golf event, but is also a nod…

With the market cooling off today, the crypto price prediction for these 3 altcoins has been heating up again.

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…