Author: Yeek.io

BlackRock made a major move by purchasing $276.16 million worth of Ethereum on Feb.4. The asset management giant BlackRock acquired approximately $276.16 million worth of Ethereum (ETH) on Feb. 4, as reported by Crypto Rover on X.  This acquisition is part of BlackRock’s continued expansion of its Ethereum holdings in recent weeks. On Jan. 31, the firm purchased 24,529 ETH worth $83.24 million, followed by another 17,261 ETH worth $56.65 million on Feb. 1, bringing its total two-day acquisition to 41,790 ETH worth $128.3 million. These purchases follow a massive $500 million Ethereum purchase made by BlackRock and Fidelity over…

Royco Protocol, an Ethereum-based yield dapp launched at the end of 2024, has become one of the largest markets in DeFi after its total value locked (TVL) surged an impressive 267,000% in the past month to $3 billion. Royco is the fastest-growing application thanks to record inflows.  The protocol positions itself as a platform for creating Incentivized Action Markets (IAMs). In IAMs, incentive providers offer tokens or points for ‘Action Providers’ to perform on-chain actions, such as depositing crypto funds into a certain protocol, minting a non-fungible token (NFT), or executing certain transactions.  The surge in Royco’s activity comes ahead…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Seed phrases are often touted as a critical layer of crypto wallet security. But here’s the thing: they are inherently flawed and will eventually expose your private key. At that point, there’s no certain way to protect the digital assets in your wallet from getting compromised. The hеаvy rеliаncе on sееd phrаsеs stеms frоm miscоncеptiоns аbоut thеir sеcurity. As crуptо users bеt thе fаrm оn mnеmоnic phrаsеs fоr wаllet rеcоvery, thеy unknоwingly intrоduce а criticаl vulnеrаbility into…

Ondo Finance is making waves with a major update to its real-world asset (RWA) tokenization platform, Ondo Global Markets (Ondo GM), which aims to change the way stocks, bonds, and ETFs are bought and sold. The goal is to bring the same liquidity and easy access that stablecoins have brought to fiat currencies to traditional financial assets. Today, Ondo Finance announced its vision for Ondo GM, a platform that’s going to tokenize any publicly traded securities. The firm compared Ondo GM’s potential impact to that of stablecoins on the financial system, claiming that Ondo GM has the potential to do for…

Staking activity over the past month has grown by nearly $100 million within just three months. Despite the market slowdown, nearly $1 billion worth of SOL has been accumulated by spot traders. The past week has been difficult for Solana [SOL] holders as the asset dropped 10.95%, with sellers overshadowing buyers. However, recent activities suggest SOL could be on the brink of turning bullish. Its 24-hour gain was 0.01% at press time, even though on-chain metrics indicated that bullish momentum was building. Staked SOL surges over three months Nansen reports that the amount of SOL staked has surged from $7.7…

Blockchain technology is revolutionizing industries such as financial markets, global trade, insurance, and gaming, with the potential to bring hundreds of trillions of dollars worth of assets onchain. This shift is enabled by blockchains, smart contracts, and oracles, which together form the foundation of the verifiable web—a system where users maintain full control of their assets and gain transparent insights into application operations. Oracles play a critical role in this transformation by bridging the gap between isolated blockchains and offchain data or compute resources. They enable seamless interoperability between blockchains, which is essential for building the interconnected and trustworthy infrastructure…

If you’ve been paying attention to blockchain news, you’ve probably seen the hype around NFTs and how they’re being used to fund crypto projects. NFTs started as digital collectibles but have evolved into a way to build communities and bootstrap big ideas. One example is SOON (Solana Optimistic Network) which just raised $22m through an NFT sale to support their Ethereum Layer 2 mainnet launch.In this post, we’ll go over the basics of NFT fundraising, get into SOON’s approach and why this tech could change how we fund blockchain projects.The Rise of NFT FundraisingUsing NFTs for fundraising offers several advantages:Global…

Homepage > News > Finance > Crypto czar David Sacks, new stablecoin bill fail to ignite BTC America’s new Crypto Czar’s first press conference stressed new digital asset legislation while dampening expectations of a strategic BTC boondoggle. Sadly (but predictably), Sacks’ presser was a major letdown, serving more as a very rough blueprint for Congressional plans to advance digital asset legislation, with the initial focus squarely on stablecoins. Earlier Tuesday, Sen. Bill Hagerty (R-TN) introduced the Guiding and Establishing National Innovation in U.S. Stablecoins (GENIUS) Act, a bill that aims to establish “a safe and pro-growth regulatory framework” for stablecoins.…

AAVE rallied over 9% over the past day amid community hype around its potential launch on Sonic blockchain and an uptick in whale accumulation. Aave (AAVE) rebounded to an intraday high of $274.91 on Feb. 5, gaining 9.6% over the past 24 hours while recovering from earlier losses during a market-wide slump that briefly pushed the token down to around $253.44. The altcoin’s market cap was seated at over $4.1 billion as of press time, with a circulating supply of 15,060,878 tokens, while its daily trading volume hovered over $853 million. Despite the recent gains, AAVE remains 58% lower than…

Ever wondered what it would feel like to catch a crypto gem before it takes off? The crypto world has been buzzing lately with fresh meme coin projects, some of which are setting new standards in the market. With meme coins gaining traction again, investors are closely watching the latest developments. Book of Meme has been showing impressive trading activity, while Turbo’s latest surge is drawing significant attention. But one project is stealing the spotlight—Arctic Pablo Coin (APC). With a groundbreaking presale currently in its Frostburg phase, this project is turning heads. This article will cover the developments and updates…