Author: Yeek.io
Synthetix is an OG DeFi protocol that launched on Ethereum Mainnet in 2018. Since inception, Synthetix has continually reinvented itself in line with changing technology and market conditions. This has included transitioning from a stablecoin to a Perps exchange and leading the Defi migration to L2’s…It’s time for our next big move – Synthetix is coming home to Ethereum Mainnet, where our story began.By early Q4, Synthetix will have launched the first Ethereum Mainnet settled CLOB perp exchange. A hybrid onchain-offchain architecture that allows Synthetix to overcome Ethereum Mainnet’s block latency and significant gas costs. This architecture evolved from years…
Computing power drives the future. Whether it’s powering smart AI, enabling seamless blockchain apps, or delivering immersive gaming experiences, access to reliable and affordable compute is essential. Yet today, most of this power is trapped in the hands of a few centralized giants. This control creates barriers, high costs, limited access, and slow progress for innovators around the world. Spheron is rewriting this story. It is building a decentralized compute network that anyone can join and use, with no permission needed. By turning compute into a public utility, Spheron aims to unlock the full potential of technology for everyone. In…
Ethena surged over 140% in July, but an upcoming token unlock and whale exits now threaten to reverse its gains. Summary Ethena surged over 140% in July, driven by protocol growth, stablecoin expansion, and a major buyback announcement. A $103.6 million token unlock scheduled for Aug. 5 and whale sell-offs have raised concerns over short-term price pressure. ENA is currently trading near a key support level within a bearish wedge pattern. According to data from crypto.news, Ethena (ENA) was trading at $0.61 at press time, marking an 11% gain over the past 24 hours. The latest jump extends its 30-day…
In the early days of the internet, infrastructure was everything. Companies like Amazon and Google didn’t start out as consumer giants. They started by building infrastructure that made the web work better. Google built the best search infrastructure. Amazon built the best e-commerce and cloud infrastructure. Their success came because they owned the rails others used to build. Web3 has taken a similar path. Ethereum didn’t become dominant because of hype alone. It became the platform for developers to build thousands of decentralized applications. That created demand for ETH, which powered the entire ecosystem. The same pattern happened with Filecoin,…
ZBCN price is edging closer to its ATH, currently trading just 25% below it, with strong technical momentum fueled by major fundamental developments. Summary ZBCN price is currently just 25% below its ATH of $0.0071, with technical indicators signaling further upside. Zebec is undergoing its final SOC 2 audit, expected to finish by August, boosting credibility with institutional and fintech partners. Zebec is actively working toward regulatory compliance, with its MiCA white paper under review for expected approval in September and ISO certification targeted by year-end. Zebec Network (ZBCN) price appears to be tracking toward its ATH of $0.0071 reached…
In the 1860s, America sat on a growing oil boom. Drillers in Titusville, Pennsylvania, tapped black gold that powered kerosene lamps and fueled trains. But raw oil was useless without a way to transport it. Wagon caravans proved slow and expensive. So visionaries laid pipes, initially just two and a half miles long, to move roughly 2,000 barrels per day straight from wellheads to refineries. That first pipeline worked. It cut costs, increased supply, and ignited an infrastructure revolution. Over the decades, engineers replaced wooden barrels and teamsters with steel conduits spanning thousands of miles. By the 1920s, the U.S.…
SharpLink Gaming has continued its aggressive Ethereum acquisition strategy, purchasing another 15,822 ETH worth approximately $53.9 million. Summary SharpLink added 30,755 ETH for $108.6M, bringing its holdings to 480,031 ETH. The entire treasury is staked and leadership includes ex-BlackRock and Consensys executives. Analysts are split, with some praiing institutional momentum and others warning of overvaluation. According to an Aug. 3 post on X by Lookonchain, the firm spent $108.57 million in USD Coin (USDC) over the preceding two days to acquire 30,755 Ethereum (ETH) at an average price of $3,530 per token. With this latest purchase, SharpLink now holds 480,031…
Key Takeaways PUMP gained momentum after Wintermute accumulated $3.55 million in tokens. Bulls now eye a 12%–55% upside range. Pump.fun [PUMP] is mounting a strong recovery after plunging 67% from its all-time high, backed by a clean breakout and whale accumulation. PUMP leads gainers, but volume slips At press time, PUMP traded at $0.002909, having climbed 13% over the past 24 hours. With this impressive price uptick, the memecoin appeared on the top gainers list, outperforming major assets like Bitcoin [BTC] and Ethereum [ETH]. However, 24-hour volume fell 10%, reflecting hesitation among traders despite the price uptick. Why is PUMP’s…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Ethereum (ETH) is a public good with a private language problem. It has become the default operating system for decentralized finance, and yet you’d be hard-pressed to find someone outside of crypto circles who could explain what it does or why it matters. This is a failure of communication that can cost Ethereum mass adoption. Summary Ethereum is solving urgent global problems — from remittances in collapsing economies to censorship-resistant payments in conflict zones — but those…
With just a convincing message or a fake website, scammers can bypass even the most secure crypto wallets by manipulating human trust. And in a space where transactions are irreversible and support is scarce, one wrong click could cost you everything.Welcome to the dark art of social engineering in crypto, where deception is the currency, and your instincts are the first line of defence.What is Social Engineering in Crypto?Social engineering is the art of psychological manipulation, where attackers prey not on software vulnerabilities, but on human behaviour. By exploiting emotions such as trust, fear, urgency, or simple ignorance, these malicious…