Author: Yeek.io

Video-sharing platform Rumble is considering an all-stock acquisition of Tether-backed AI and data center operator Northern Data. Summary Northern Data shareholders would receive 2.319 newly issued Class A Rumble shares for each share they tender. The company owns five data center sites with potential energized capacity of nearly 850 MW, including a 180 MW facility under development in Georgia. Northern Data has also agreed to sell its Peak Mining unit to U.S.-based Bitcoin miner Elektron Energy. Rumble has reportedly informed Northern Data of its interest in pursuing the acquisition, according to an Aug. 10 press release from the company.  Under…

An Ethereum developer known as “Fede’s Intern” has been detained in Izmir, Turkey, after authorities accused him of helping individuals “misuse” the Ethereum network. Summary Turkish authorities have detained Ethereum developer “Fede’s Intern” in Izmir. Fede denies wrongdoing, says he builds blockchain infrastructure, and is seeking to leave Turkey to contest the charge from abroad. The detention comes as Turkey tightens crypto oversight with new licensing rules, transaction limits. On Aug. 11, the Argentine crypto researcher shared on X that Turkish authorities informed his lawyer of the allegation, which he described as “obviously wrong.” He has maintained that his work…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Institutional investors have taken center stage in crypto discussions in recent weeks, with emerging treasury companies being the talk of the town. Ethereum—behind only Bitcoin— is one of the cryptocurrencies being accumulated by the new market entrants (mostly institutional players). Interestingly, the latest on-chain data shows that this relevant class of investors has stepped up their purchases in recent weeks, purchasing billions of Ethereum tokens in the past 30 days. Are Institutions Behind Ethereum’s Recent Price Surge? In a recent post on the X platform, EmberCN revealed…

That was fast. Bo Hines, executive director of the Council of Advisors on Digital Assets, stunned Washington, D.C. and the crypto community alike by announcing his sudden resignation on Saturday, Aug. 9, after serving only seven months. Hines’ unexpected departure has fueled speculation about the reasons behind his brief tenure and what this means for the future of U.S. cryptocurrency policy. As questions swirl around his backstory and next moves, Hines’s role during a pivotal period in American crypto regulation remains a subject of debate. Summary Bo Hines worked as an exec in the Council of Advisors on Digital Assets…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The recent surge in cryptocurrency kidnappings in France has exposed a chilling trend: digital threats are no longer confined to cyberspace. Criminals are now leveraging online information to observe this shift, with several abduction attempts reported across the sector this year alone. This merging of cyber and real-world security challenges demands a fundamental change in how we think about security. Summary Digital exposure creates physical risk. Every day, sharing on social media, fitness apps, or professional platforms…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has soared to a multi-year high, touching the $4,330 level — its highest price since November 2021. This milestone not only reinforces ETH’s dominant position in the crypto market but also marks the return of co-founder Vitalik Buterin to billionaire status, with his publicly known wallets now valued above the billion-dollar mark. Since April, Ethereum has delivered a staggering gain of over 200%, outpacing most major cryptocurrencies and reigniting bullish sentiment across the market. Analysts attribute the rally to strong fundamentals, including increasing adoption in decentralized…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US-based Ethereum ETFs (exchange-traded funds) have had a mixed performance over the past week. The crypto-linked products continued a woeful start to the month of August with consecutive withdrawals at the beginning of this week. However, US Ethereum ETFs haven’t taken much longer to turn their fortunes around and return to the path of positive inflows. This shift in investor sentiment can be associated with a recent executive order signed by United States President Donald Trump, allowing crypto investments in retirement (401 (k)) plans. Four-Day Inflow…

Ethereum is riding a powerful rally — fueled by record-breaking U.S. spot ETF inflows, growing institutional accumulation, and surging on-chain activity — that has pushed prices to their highest level since 2021 and set the stage for a potential run toward $6,800. Summary ETH price jumped as spot Ethereum ETF inflows jumped. Ethereum Treasury companies like SharpLink are accumulating. Technical analysis points to an eventual Ethereum price surge to $6,800. ETF inflows and DeFi dominance boost ETH price Ethereum (ETH) jumped to a high of $4,170, its highest level since December 2021, and nearly 200% above the lowest level this…

The Pepe price continued its recovery this week, jumping for four consecutive days amid whale accumulation and an Ethereum rebound. Summary Pepe Coin price has bounced back in the past four consecutive days. Data shows that whale and smart money investors are accumulating. Technicals suggest that it has more upside in the near term. Whales are buying Pepe tokens Pepe (PEPE) token rose to $0.000012 on Saturday, Aug. 9, its highest level since July 28 and 135% above the lowest point this year. Nansen data shows that whales have continued to buy the recent dip, with their holdings jumping to…

As the blockchain space continues to expand in 2025, we’re seeing a clear shift toward a multichain future, where users, assets, and applications move fluidly across different networks. In this evolving landscape, one concept keeps coming up: EVM compatibility.EVM-compatible chains allow developers to build and deploy dApps using the same tools and codebases as they would on Ethereum. This compatibility has become a major driver of growth, enabling faster development, greater interoperability, and broader adoption.Understanding what Ethereum Virtual Machine compatibility means, and why so many chains are embracing it, is key to making sense of today’s fragmented yet interconnected blockchain…