Author: Yeek.io

SharpLink Gaming, once known as a sports betting affiliate technology provider, has rebranded itself to become the world’s largest corporate holder of Ether. SharpLink today is perhaps the most recognizable publicly traded Ethereum (ETH) treasury vehicle. In one of his first ever interviews since becoming Sharplink’s co-CEO, Joseph Chalom discusses the rationale behind this strategic overhaul, why Ethereum was chosen over other assets, and how the company plans to activate its ETH beyond simple buy-and-hold. The pivot was led by a $425 million private placement led by ConsenSys, founded by Ethereum co-creator Joseph Lubin, who also chairs SharpLink’s board of…

Flare Network, which enables off-chain data to be accessed, just introduced Luminite, a lightweight, non-custodial wallet designed to make DeFi accessible particularly to XRP users and new cryptocurrency holders. Luminite is designed to break down the entry barriers that have been in place before. It sidesteps the hassle of complex seed phrases, with an effortless sign-up that closely mirrors typical Web2 log-in processes.Supported by Turnkey’s in-wallet functionality, Luminite allows users to create a wallet in just a few seconds using passkeys, biometrics, or email. The feature gives users full control of their assets and yet maintains the ease of use of…

The Securities and Exchange Commission’s Division of Corporation Finance issued a statement today explaining that certain liquid staking activities are not securities offerings under federal law.The guidance, published on August 5, 2025, makes clear that protocols or service providers that enable liquid staking, a function in which users stake crypto assets and are rewarded with tradable “staking receipt tokens” are not offering or selling securities, as long as they remain within defined parameters.The SEC’s Division of Corporation Finance issued a staff statement on certain liquid staking activities to provide greater clarity on the application of federal securities laws to crypto…

Time is ticking for Cardano users as Midnight kicks off its highly anticipated Glacier Drop, but not everyone can claim it just yet. The privacy-focused blockchain, built on Cardano’s service layer, confirmed on X that the token claim process is now live. The 60-day window began immediately, and eligible wallets can already start claiming their $NIGHT tokens.However, not all ADA holders are celebrating. Users relying on Ledger hardware wallets hit a technical roadblock. Midnight’s team discovered that Ledger does not currently support CIP-8 message signing for payloads larger than 31 bytes. The Glacier Drop’s payload is 251 bytes. Consequently, this…

MYX crypto rally is not stopping, registering a 1,500% gain in just two days. But can the rally continue? Summary MYX Finance rose 1500% percent in just a few days The project reached a market cap of $220M, joining the top 250 tokens Still, there are signals that a crash may come soon The MYX crypto rally continues to a new all-time high. On Tuesday, August 5, the MYX Finance token registered a 1,507% increase in just two days. Subsequently, the token’s price reached an ATH of $1.76, and the project attained a $220 million market cap. A rally that…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has entered a consolidation phase following a recent price drop, with bearish price action suggesting the potential for further corrections in the near term. After a sharp rally that pushed ETH close to the $3,940 mark, the market has shifted towards profit-taking and cautious trading, reflecting broader volatility across the crypto sector. While short-term price dynamics appear weak, many analysts believe this is a healthy correction within a larger bullish structure, rather than the start of a sustained downtrend. Key fundamental drivers continue to support Ethereum’s…

The attacker behind the $4.5 million exploit on CrediX Finance has agreed to return the stolen funds following a settlement with the protocol. Summary CrediX Finance was exploited for $4.5 million via a multisig admin wallet attack. The hacker agreed to return the full amount in exchange for a direct settlement funded by CrediX’s treasury. July 2025 alone saw over $153 million lost to hacks, with this year’s losses now topping $3.1 billion. In an update shared late Monday, CrediX revealed that it has successfully negotiated with the exploiter who drained $4.5 million from its protocol, and is now expecting…

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,…