Diffusion is a Uniswap v2 fork and one of the first Automated Market Makers for Evmos, an Ethereum Virtual Machine on Cosmos that leverages the Cosmos SDK to enable use cases around composability, interoperability, and fast-finality. It seeks to unlock the potential of combining smart-contract based applications with the specific capabilities of other Cosmos chains to drive a new set of use cases in Decentralized Finance and beyond.
Chloe, a columnist for HTX DeepThink and a researcher at HTX Research, indicated that this week saw a notably strong recovery in risk appetite across the crypto market, representing one of the most significant shifts since the beginning of the year. BTC quickly broke through the $70,000 threshold from its mid-week level of around $64,000, posting a weekly gain of approximately 18%; ETH demonstrated stronger performance, rising above $2,350 with a weekly increase exceeding 20%; high-beta assets including SOL, XRP, and HYPE rallied in sync, signaling that the current momentum has gradually evolved from a unilateral BTC rebound into broader crypto beta trading.
AI chip startup Etched announced the completion of a $300 million Series C funding round, valuing the company at $10.3 billion. The round was led by Sequoia Capital, with participation from Andreessen Horowitz (a16z), SK Hynix, Jane Street, and Diffusion Capital.Founded in 2022 by three Harvard dropouts, Etched was valued at approximately $5 billion when it raised $500 million in December 2025, meaning its valuation has doubled in just about seven months. Etched stated that it focuses on building specialized chip systems for AI model inference. The company has recently completed mass production of its self-developed chips and begun having customers test the first complete systems, while also securing approximately $1 billion in orders. (TechCrunch)