Author: Yeek.io
US President Donald Trump-backed crypto project World Liberty Financial (WLFI) suddenly sent $307.4 million worth of digital assets to the Coinbase Prime exchange, according to on-chain data. Market intelligence firm Spot On Chain says World Liberty Financial moved $307.41 million in eight assets to top US crypto exchange Coinbase on Monday. The World Liberty Financial transfers to the platform include 73,783 Ethereum (ETH) worth $212.6 million at the time and 552.9 Wrapped Bitcoin (WBTC) worth $52.7 million at the time. Source: Spot On Chain/X While projects often move digital assets to exchanges when they intend to sell them, World Liberty…
Crypto continues to pave its way into the biggest industries in the world. In a first-of-its-kind move, Travala, which is a web3 platform and a travel website known for accepting crypto payments, has joined hands with Trivago. Over 2.2M Trivago properties now support bookings via crypto thanks to Travala’s integration. Customers will be able to choose from dozens of cryptocurrencies, including $BTC and $ETH. What’s more, Travala will also offer loyalty tokens (in $BTC or $AVA) to hotelgoers who use crypto for hotel bookings on Trivago. It’s also worth noting that Travala had previously launched a Bitcoin and AVA treasury…
XRPL’s explorer page showed a stall in network activity at block height 93,927,174. The blockchain’s self-custody Xaman Wallet later confirmed that operations were back to normal.Ripple’s Chief Technology Officer, David Schwartz, addressed the incident on X (formerly Twitter). He explained that validator operators manually selected a reliable starting point from the last fully validated ledger. However, it remains unclear whether this action directly fixed the issue or if the network self-recovered.Schwartz reassured users that no assets were lost. He noted that servers detected the malfunction and temporarily withheld validation. Only unverified ledgers were affected. RippleX also confirmed that user funds…
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…