Author: Yeek.io

Reservoir, a crypto infrastructure startup that facilitates token trading across the industry, has raised $14 million in a Series A funding round. Union Square Ventures led the funding round, Reservoir announced on Feb. 5. According to the platform, the capital injection will support its goal of bringing token trading to every blockchain network. As a crypto startup, Reservoir’s infrastructure offering enables trading with integrated non-fungible tokens across decentralized applications. Coinbase, MetaMask, Magic Eden, and Zora are among the crypto platforms that have integrated its services. However, the startup aims to expand its reach across the broader ecosystem. Reservoir’s expansion efforts…

The artificial intelligence (AI) industry saw a shake-up in January with the emergence of China-based DeepSeek’s open-source model R1, which made waves in public markets. However, despite this disruption, venture funding data from Crunchbase indicates that the United States remains the dominant force in AI investment, securing a significant portion of global capital. According to Crunchbase, global venture funding reached a total of $26 billion in January, with the healthcare and AI sectors once again leading the charge. While DeepSeek’s entry into the competitive AI landscape turned heads, the numbers tell a compelling story, U.S.-based AI startups continue to raise…

Whales have offloaded over 330 million ADA and have yet to buy back during the dip. A potential collaboration between Ripple’s XRP and Cardano’s ADA could propel the latter higher. Cardano [ADA] recently showcased a significant decline, with a daily reduction of 9.8% and a weekly drop of 19.1%. The ADA/USDT trading pair on Binance hovered around $0.7465 at press time. The chart signaled a consistent downward movement, with red candlesticks dominating recent trading periods. Source: Coinglass Despite this bearish outlook, there were potential signs of stabilization. The Relative Strength Index (RSI) stood at 47.49, suggesting that ADA was not…

Este artículo también está disponible en español. Crypto analyst CryptoCon has provided valuable insights into the Bitcoin price action in this cycle. Based on his analysis, the next thirty days could be a game-changer, with BTC set to witness a significant move to the upside.  Why The Next 30 Days Could Be A Game Changer As The Bitcoin Price Makes its Move In an X post, CryptoCon predicted that the Bitcoin price could rally to as high as $160,000 in the next thirty days. This would be a game-changer for the market, especially considering the bearish sentiment in the crypto…

Este artículo también está disponible en español. Marc Chaikin is a legendary figure on Wall Street, renowned for spotting market trends before they unfold. His insights have accurately predicted major downturns, including the 2012 Priceline collapse, the COVID-19 market crash, and the recent banking crisis. When Chaikin speaks, Wall Street pays attention. This time, he’s sounding the alarm on the AI frenzy sweeping the U.S. stock market. According to Chaikin, investors holding the wrong AI stocks risk devastating financial losses. He stated, “If you’re holding Nvidia (NVDA) or FAANG right now, it’s time to prepare for a massive shift.” However,…

Quick take: The fundraising also attracted participation from Coinbase Ventures, Variant, Archetype, 1kx and others. It brings the total raised to $26 million following a $10 million seed and $2 million pre-seed rounds announced in 2022 and 2021, respectively. As part of the deal, Union Square Ventures’ Nick Grossman joined Reservoir’s board. Token trading infrastructure platform Reservoir has raised $14 million in a Series A round led by Union Square Ventures. Coinbase Ventures, Variant, Archetype, 1kx, and others participated in the fundraising. The fundraising brings the total raised to $26 million following a $10 million seed and $2 million pre-seed…

Homepage > News > Finance > Kenya: VACC slams 3% tax, excessive compliance costs A Kenyan digital asset sector think tank has slammed the country’s high taxation and excessive compliance costs in its policy recommendations to the government. The Virtual Assets Chamber of Commerce (VACC) voiced its proposals in response to the recently proposed Virtual Asset and Virtual Asset Service Providers Bill 2025, presented by the country’s Treasury last month. The bill is the first comprehensive framework to police the burgeoning sector, with proposals including a licensing regime, taxation policies and investor protection measures. The Virtual Asset Chamber proudly represented…

The blockchain security landscape is rapidly evolving, and Nextrope is at the forefront of this transformation with its latest initiative—an AI-driven platform designed to audit and enhance smart contract security. With a project value of $1 million, this groundbreaking development aims to set a new benchmark for Web3 security, ensuring safer and more efficient blockchain applications. The initiative is co-financed by the Polish Agency for Enterprise Development (PARP) under the European Funds for a Modern Economy program, reinforcing its significance in the European blockchain and AI ecosystem. AI-Powered Protection for Smart Contracts: As decentralized finance (DeFi), decentralized autonomous organizations (DAOs),…

LINK has stood out as a network with heavy key stakeholder dip buying, even as crypto takes a swing back down. Does this make it the right moment to scoop up the altcoin? The market-wide correction has hit Chainlink [LINK] hard, with a double-digit weekly drop.  Now it’s nearing a key support zone that has sparked big rebounds before. But with uncertainty high, is this the perfect “dip-buy” – or a trap waiting to snap? A short-term recovery or a long-term rebound? At press time, LINK is down 34.5% from its mid-December high of $30, with the RSI stuck in…

World Mobile, a blockchain-powered mobile network with a sharing economy model, has announced a major partnership with DITO CME to bring blockchain-driven internet connectivity to millions of users in the Philippines. In an announcement shared with crypto.news on Feb. 5, World Mobile said its collaboration with DITO Telecom’s holding company will expand internet access to over 25 million Filipinos. The integration comes amid renewed efforts to drive crypto and blockchain adoption in the Philippines. As part of this strategic alliance, the companies will leverage World Mobile’s decentralized physical infrastructure network technology alongside DITO CME’s network of operators. According to both…