Author: Yeek.io

In June, we introduced Protocol, reorganizing the Ethereum Foundation’s research & development teams to better align on our current strategic goals, Scale L1, Scale Blobs, and Improve UX without compromising on our commitment to Ethereum’s security and hardness. Over the coming weeks, we’ll publish updates on each work stream, covering their ongoing progress, new initiatives, open questions and opportunities for collaboration. We start today with Scale L1 — expect follow-ups about Scale Blobs and Improve UX soon! TL;DR Marius van der Wijden joined Ansgar Dietrichs and Tim Beiko to co-lead Scale L1Mainnet’s gas limit increased to 45M post-Berlinterop, a first…

Bank of China Hong Kong is moving forward with its central bank digital currency (CBDC) project and has completed another phase of testing the digital Hong Kong dollar. Summary Bank of China Hong Kong has completed another phase of its digital HKD trials. More than 1,500 transactions were tested using simulated e-HKD vouchers. According to local media on August 5, the Bank of China Hong Kong has wrapped up the second phase of testing for the digital Hong Kong dollar, e-HKD. This phase focused on two use cases to evaluate how the digital currency could work in real-world scenarios. During…

CrediX, a platform that allows users to lend digital money without the involvement of middlemen, has successfully negotiated a deal with a hacker to recover $4.5 million in stolen cryptocurrency. This development is reassuring for users who lost their digital assets, as it means they will be able to get a refund.CrediX was hacked on August 4, 2025. A hacker gained control of a CrediX administrator wallet with extensive permissions, including managing pools, bridging assets, and listing new assets. Using this wallet, the attacker created a malicious account with excessive privileges, including the critical BRIDGE role. According to CrediX’s X post,…

DogeCoin has retraced sharply after hitting a swing high at $0.28. Price is now testing the 0.618 Fibonacci zone, a critical support level that could determine whether the bullish trend resumes. Summary Dogecoin is testing the 0.618 Fibonacci, a key trend-continuation level. Reclaiming $0.23 would confirm bullish strength and aim for $0.28 again. Breakdown below the point of control could lead to a drop toward $0.15. DogeCoin’s (DOGE) recent corrective move has taken price back into a high-probability support zone, often referred to as the golden ratio. Although much of the prior bullish impulse has been erased, this level could…

Ethena is trading lower as fresh concerns around liquidity risks and a major token unlock weigh on investor sentiment. Summary Ethena unlocked $106M in ENA tokens, adding possible sell pressure. Chaos Labs warned of liquidity risks from Ethena’s $4.7B Aave exposure. Technicals show weakening momentum, but major support levels still hold. As of this writing, Ethena (ENA) is trading at $0.586, down 2.9% over the last day. Despite rising more than 130% over the previous month, it has dropped 5.6% in the last week. The recent correction occurs as traders assess the impact of a significant supply unlock and growing…

Key Takeaways Fartcoin is trying to reclaim the monthly and yearly open after a heavy sell-off. Is the Pumpfun founder’s teased update a true catalyst? Fartcoin [FARTCOIN] is making a comeback attempt after a sharp correction, now hovering near the monthly and yearly open.  The move follows speculation about a major announcement from the Pump.fun founder, which has stirred renewed optimism across the memecoin ecosystem.  As the leading coin on the Pump.fun platform, FARTCOIN’s performance is often tied to community buzz and ecosystem developments.  Therefore, reclaiming those key levels could ignite another leg up, especially if speculation turns into an actual…

The Trump administration has been stepping up pro-crypto regulation in recent months and is now moving to curb banking discrimination against crypto firms. Summary The White House is reportedly preparing an executive order to curb crypto debanking. Internal policies tied to “Operation Chokepoint 2.0” are expected to be reviewed or scrapped. Authorities are working to improve the regulatory environment for digital assets in the United States. According to a Tuesday Wall Street Journal report, the White House is preparing an executive order aimed at investigating and cracking down on financial institutions that deny services to crypto companies based on regulatory…

FARTCOIN is consolidating in a wide horizontal range, with price action showing signs of a potential triple bottom reversal that could set up a breakout toward the $2.40–$2.50 zone. Summary FARTCOIN has been trading sideways between support at $0.81–$0.87 and resistance at $1.54–$1.69 since late May. Repeated defense of the lower boundary suggests accumulation, but reversal pattern will only confirm if price breaks above $1.69. RSI has bounced from near-oversold levels, signaling potential for further upside. A confirmed breakout above $1.69 could activate a measured move toward the $2.40–$2.50 zone. Fartcoin (FARTCOIN) price is extending its consolidation from the March-to-late…

Linea, the Ethereum Layer 2 built by Consensys, is rolling out a new feature that will automatically stake any ETH users’ bridge to the network using Lido v3. The idea is to fix these issues in DeFi right now: rewards are all over the place, and a lot of ETH just ends up sitting idle.Called Native Yield, the feature will send bridged ETH back to the Ethereum mainnet and stake it through Lido, so users can start earning 3–5% staking rewards, with no extra steps and no manual effort.According to Linea, the current DeFi environment is riddled with short-term yield…

MNT has broken above key resistance for the first time in months, but technicals suggest it could be a fakeout. Still, strong fundamentals support the case for longer-term growth, making subsequent pullbacks a potential buy-the-dip opportunity. Summary MNT price surged over 20%, breaking above the $0.82–$0.85 resistance zone for the first time since February. Bearish RSI divergence suggests the rally may be losing momentum and this could be a fakeout. Fundamentally, Mantle’s large ETH-backed treasury and recent institutional partnerships may support continued growth despite near-term volatility. Mantle (MNT) price is in the middle of a bullish breakout, surging over 20%…