Author: Yeek.io

The Philippines’ Securities and Exchange Commission has named ten crypto exchanges, including tier-1 platforms like Bybit and OKX, for operating without registration and warned of potential enforcement action under its new regulatory framework. Summary The Philippines SEC has named ten crypto exchanges for operating without proper registration. Advisory warns that these platforms may face enforcement actions for violating new CASP rules effective July 5. Potential penalties include app store takedowns, site blocking, and criminal charges. In an advisory published on Aug. 4, the securities regulator said these platforms had failed to comply with the country’s newly enacted Crypto Asset Service…

Ethereum is trading at $3,667 at press time, rising 4% in the past 24 hours and indicating renewed interest after a sharp drop earlier in the week.  Summary Ethereum open interest on Binance has hit a record $8.7B, nearly 3.5x higher than in the 2021 bull market. Despite neutral funding rates, rising volume and leverage point to bullish continuation potential. ETH price holds above support, and a break above $3,875 could extend gains, while a drop below $3,380 may trigger downside. Ethereum (ETH) is still up 46% over the past month, showing strong momentum, despite a 3.6% drop over the…

Ethereum rallied past $3,700 earlier on Aug. 5 as whale and institutional accumulation intensified. Can it recover back above $3,800 by the end of the week? Summary Ethereum remains 148% above its year-to-date low despite recent volatility. New whale wallets have scooped up over $3 billion in two days. Macro uncertainty and ETF outflows continue to cap upside momentum for ETH. According to data from crypto.news Ethereum (ETH), the leading altcoin by market cap, rose 5.7% to an intraday high of $3,730 on Tuesday, Aug. 5, before settling back at $3,650 at press time. Its price is currently 148% above…

BONK price is holding a critical support level, setting the stage for a potential 60% surge as continued token burning reinforces cautiously bullish technicals. Summary BONK is holding above a key support zone around $0.000025, aligning with the EMA 50, signaling potential rebound. A move above EMA 20 could trigger a rally toward $0.000032–$0.000035, with $0.00004075 as the upside target. Significant token burning from LetsBONK.fun—300 billion BONK recently burned—adds strong deflationary pressure. Continued strong trading volume and burn-backed tokenomics support a potential 60% price surge from current levels. Bonk (BONK) price appears to be staging a reversal following its sharp…

Solana Mobile has officially begun shipping its Seeker smartphones to users in more than 50 countries, marking the global rollout of its second-generation web3 device.  The announcement was made on Aug. 4 via X, with the company confirming that tens of thousands of units are now in transit. The Solana Seeker phone follows the Saga, Solana’s (SOL) first crypto-native phone, which initially saw slow sales but gained traction thanks to profitable token airdrops.  Seekers officially start shipping today! Thank you for your support and belief in Solana Mobile since day one.We’re sending tens of thousands of devices to 50+ countries…

North Korean IT workers are using fake identities to infiltrate crypto firms and steal millions worth of digital assets through remote job scams, cybersecurity researchers at Google Cloud and Wiz have warned. Summary North Korean threat actor UNC4899 operatives are increasingly targeting crypto companies. Both Google Cloud and AWS environments have been exploited by the group in multi-million dollar crypto thefts. Separate reports published by the firms have tracked UNC4899, also known as TraderTraitor, a North Korean threat group tied to the country’s military intelligence. According to Google Cloud’s H2 2025 Cloud Threat Horizons Report, UNC4899 operates under the Reconnaissance…

Crypto exchange Bitpanda just posted its strongest financial year on record, more than doubling revenue as partnerships and regulated offerings drive growth. Summary Bitpanda reported €393 million, around $426 million, in 2024 revenue, up 162% from the year before. The exchange’s growth is driven by regulated product offerings, market expansion, and institutional partnerships. According to a press release shared with crypto.news, the Vienna-based crypto platform reported $426 million in operating revenue for 2024, up from the $163 million recorded the year prior.  The company said the figure marks a milestone in profitability and scalability, making 2024 its most successful year…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure BitMine Immersion Technologies announced today that its Ethereum (ETH) holdings have surged past 833,000 tokens, making it the largest ETH treasury in the world. The announcement comes amid a broader trend of corporate ETH accumulation. BitMine Becomes Largest Ethereum Treasury According to the statement, BitMine Immersion Technologies – a leading Bitcoin (BTC) mining firm – has amassed 833,137 ETH, overtaking SharpLink Gaming to become the largest corporate holder of the digital asset. BitMine’s holdings are currently valued at over $2.9 billion, based on an ETH price of…

Key Takeaways The Vine Coin price prediction was bearish for the next 24 hours and the next week. The lack of buying pressure and weak trading volume needs to change to usher in a bullish recovery. Vine Coin [VINE] saw a 21% drop in daily trading volume on Monday, the 4th of August. It was only a sign that a recovery was not underway yet. VINE saw a heavy price drop of 30% on the 2nd of August, which reinforced the token’s bearish outlook. The liquidation heatmap gave clues for where Vine Coin prices could go this week. Vine Coin…

Synthetix will begin sunsetting all remaining leveraged tokens on Optimism. This is one of the final steps in our broader shift away from Layer 2 deployments, as we refocus protocol resources on Synthetix Mainnet, the high-performance perp exchange being built on Ethereum.This shutdown follows the completed deprecations of our products on Base and Arbitrum. You can read more about those changes in L2s are Dead, Long Live Ethereum. This represents one of the two remaining steps before total retirement of L2s is complete. For perps traders on Optimism, no action is required at this time, but we encourage you to…