Author: Yeek.io

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A legendary ETH trader who once turned a modest $125,000 into more than $43 million has seen nearly his entire fortune vanish following the latest Ethereum price decline. According to reports, the trader went long on ETH during the recent bull rally but was liquidated, leaving his balance at $771,000 as prices retraced sharply from highs.  $42 Million Erased As Ethereum Price Crash Hits Star Trader  In one of the most dramatic downturns in recent trading history, a legendary trader who built a reputation for turning $125,000…

Flow’s DeFi ecosystem is growing fast, with DeFi TVL up 46% quarterly to $68 million. Summary Flow’s DeFi TVL rose 46% to $68 million in the last quarter, best performance yet The chain is shifting its strategy to stablecoins, liquid staking, and DeFi. PayPal’s PYUSD supply on Flow rose 212% QoQ to $26.2 million Once dismissed as an NFT chain whose time had passed, Flow (FLOW) is slowly making a comeback. On Thursday, August 21, Messari released a report on the state of the Flow ecosystem in the second quarter of 2025. The report reveals a 46% jump in TVL…

Aave has officially expanded its dominion beyond Ethereum-compatible chains. Its debut on the Move-based Aptos network marks a major shift for the protocol, showcasing its adaptability and ambition to become a universal liquidity layer. Summary Aave launches V3 on Aptos, marking its first deployment on a non-EVM blockchain. The initial markets support APT, sUSDe, USDC, and USDT, with scalable supply and borrow caps. On August 20, DeFi lending provider Aave announced the mainnet launch of its V3 protocol on the Aptos blockchain. The deployment, executed by Aave Labs on behalf of the Aave DAO, is the protocol’s first-ever deployment on…

Quick take: The strategic funding brings the total raised to date to $25 million, according to a press release seen by NFTgators. The company plans to use the fresh capital to scale its “institutional-grade” real-world asset infrastructure. DigiFT offers a variety of real-world assets on-chain, including money markets, public mutual funds, U.S. Treasuries, and private credit. DigiFT, the exchange platform offering “institutional-grade real-world asset infrastructure,” has raised $11 million in a strategic round led by Japanese financial group SBI Holdings, with participation from Mirana Ventures, Arbitrum’s Offchain Labs, Yunqi Partners, and Polygon Labs, among others. The fundraising brings the total…

Ye’s token launch is already surrounded by controversy and insider selling. Summary YZY rocketed to $3 billion, then crashed after insider trading concerns to $300 million Insiders acquired large amounts of the token and sold it as soon as it launched Earlier, Kanye posted that he was offered $2 million to scam his users with a fake Ye crypto Less than a day after its launch, Ye’s memecoin YZY (YZY) is already generating significant controversy. On Thursday, August 21, on the same day of its launch, Kanye West’s memecoin went from $3 billion in market cap to just $300 million.…

Quick take: The Series A round brings the total raised by Irys to $20 million, according to a press release shared with NFTgators. Irys combines a high-performance data layer with a native smart contract execution layer, enabling data to carry embedded instructions for licensing, monetization, and access control. Irys plans to use the funds to accelerate infrastructure expansion, strategic partnerships, team growth, and institutional adoption of datachain technology ahead of its mainnet launch. Irys, the programmable data chain designed for data monetisation, has secured a $10 million Series A round led by CoinFund, with participation from Hypersphere, Tykhe Ventures, Varrock…

Institutional demand in Ethereum is heating up, and corporate investors are not slowing down on aggressive accumulation. Summary Ethereum treasury companies now hold over 4.1 million ETH, worth approximately $17.6 billion at current prices. BitMine Immersion and SharpLink Gaming lead the charge with $6.6 billion and $3.2 billion, respectively. ETH trades around $4,200, down from its early-August highs above $4,700. Ethereum (ETH) holdings among corporate treasuries have exceeded 4.1 million ETH, valued at roughly $17.6 billion, according to the latest data from StrategicETHReserve. This accounts for about 3.4% of the total ETH supply, spread among 69 entities. The largest position…

With Ethereum hovering above $4,200 and aiming for new highs, bulls are once again in control. ETF inflows, improved technicals, and shifting market dynamics suggest a further leg higher. Investors can expect a surge to $4,800 if the upside momentum sustains. Let’s discuss the key factors why Ethereum (ETH) can rally to $4,800 and possibly go to an all-time high as well, in this Ethereum price prediction. Current ETH price scenario ETH 1d chart, Source: crypto.news At the moment, ETH is trading at about $4,295. Bulls maintained the upward momentum above the $4,000–$4,150 support zone by printing the highest weekly…

Key Takeaways  Kanye West reportedly launched the YZY memecoin, going against his promise made earlier in the year. Will it go to zero like other celebrity tokens?  U.S. hip-hop artist Kanye West, also popularly known as Ye, has reportedly launched his memecoin, dubbed YZY, on Solana [SOL]. The token mooned 1400% to $3 billion in market cap in minutes.  However, as of press time, it had dropped to $1B market size (about 70% slump) amid mixed reactions from the crypto community.  Source: YZY/USD, TradingView Is YZY legit or another rug pull? According to the artist, the token will power the…

Over $57 million in USDC tied to the Libra token scandal investigation has been unfrozen by a U.S. federal judge. Summary A U.S. judge unfroze $57.6 million in USDC linked to the Libra token scandal. Judge Jennifer L. Rochon ruled that Davis and Chow had complied with the proceedings and posed no risk of hiding or moving the assets. Investors across the globe lost millions when the Libra token collapsed. The funds, which were originally frozen in May by Judge Jennifer L. Rochon of the Southern District of New York, were held in two wallets linked to memecoin promoter Hayden…