Author: Yeek.io

One DeFiChain Improvement Proposal (DFIPs) was up for vote in the latest governance voting round and here are the final results.DFIPs:Listing of New Wrapped Crypto TokensDFIPsDFIP 1: Listing of New Wrapped Crypto TokensWith the integration of DMC support, DeFiChain users would then be able to move assets seamlessly between DeFiChain and other blockchains. This decentralised process, managed by Crypto Factor, ensures that the wrapped tokens (DATs) will maintain value and usability across both chains, offering real-time access to assets.Initiation by Economy SIG: The specialized Economy Special Interest Group (SIG) identifies a promising asset—say, Partisia’s MPC or Polygon’s POL—and submits a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As Ethereum (ETH) gains momentum, its growing institutional appeal is beginning to reflect in spot exchange-traded fund (ETF) activity. Recent data shows that ETH ETF inflows continue to accelerate, while Bitcoin (BTC) ETFs have seen a temporary slowdown after 12 consecutive days of inflows. Ethereum ETFs Outshine Bitcoin ETFs According to data from SoSoValue, spot Ethereum ETFs have recently captured the spotlight from Bitcoin ETFs. On July 21, Ethereum ETFs recorded inflows of $296.6 million, while BTC ETFs experienced net outflows totalling $131.4 million. It is worth…

South Korea’s Financial Supervisory Service has verbally instructed local asset managers to limit exposure to crypto-linked stocks such as Coinbase and Strategy in ETFs, citing a 2017 policy that bars institutional investment in virtual assets. Summary South Korea’s FSS has informally directed asset managers to reduce ETF exposure to crypto-linked stocks like Coinbase and Strategy. It cites a 2017 policy banning institutional investment in virtual assets, despite ongoing regulatory reform. The directive comes as South Korea begins phasing out its ban on institutional crypto trading. According to the Korean Herald, the FSS delivered this guidance informally to several firms earlier…

PENGU is gaining strong momentum, surging nearly 50% from its recent breakout and overtaking Bonk to climb to the 43rd spot in market cap rankings. Summary PENGU price extended its rally and is now just 17% below its all-time high. The token has overtaken BONK in market cap rankings. Recent 24-hour rally was fueled by its Gemini listing. An SEC review is currently underway on Canary Spot PENGU ETF. The rally may pause for consolidation as the token shows signs of short-term overbought conditions. Pudgy Penguins (PENGU) price continues its strong upward momentum, reaching a peak of $0.047 yesterday and…

Ethereum’s recent price rally appears to be losing momentum just as Spot Ethereum exchange-traded funds record strong inflows. Spot Ethereum ETFs registered a $533.87 million net inflow on July 22, the third-largest single-day inflow since their launch, according to SoSoValue data. With cumulative inflows now totaling $8.32 billion, institutional demand for Ethereum (ETH) ETFs is clearly on the rise. Leading the charge was BlackRock’s ETHA, which brought in $426.22 million, and currently oversees over $10 billion in assets. Grayscale’s fund received $72.64 million in new capital, while Fidelity’s FETH added $35.01 million. The total trading volume for all spot Ethereum…

The Open Network (TON) has an unusual origin. It began not as a grassroots crypto project but as an ambitious side project by Telegram’s founders in 2018. Originally known as the Telegram Open Network, it aimed to solve key blockchain issues: scalability, transaction costs, and network speed. The vision was bold—create a fast, secure, and scalable decentralized infrastructure that could support payments, smart contracts, decentralized apps (dApps), and more.However, in 2020, the U.S. Securities and Exchange Commission (SEC) raised a regulatory concern. It cited concerns about unregistered securities, which forced Telegram to abandon the project. That could’ve been the end…

ONDO, the native token of the decentralized finance protocol Ondo Finance, is getting fresh enthusiasm after a new ETF filing put it in the spotlight. Summary ONDO jumped 8% after 21Shares filed for a spot ONDO ETF with the SEC, triggering heavy trading and a 13% intraday swing. The 21Shares Ondo Trust will hold ONDO directly, using Coinbase Custody and tracking the CME CF Ondo Finance-Dollar Reference Rate. ONDO is up 20% this week and 65% in the past month, with the ETF filing adding fresh momentum to its bullish trend. On July 22, 2025, 21Shares submitted an S-1 registration…

BitMine has secured a major capital infusion from ARK Invest, which has acquired $182 million worth of BitMine equity across multiple ARK funds. According to a July 22 statement, the deal involved 4.77 million shares purchased via a block trade linked to BitMine’s ongoing at-the-market program. The company stated it plans to deploy 100% of the $177 million in net proceeds to purchase Ethereum (ETH). The move expands ARK Invest’s exposure to crypto-native stocks, aligning with CEO Cathie Wood’s prior investments in Bitcoin (BTC), artificial intelligence, and blockchain infrastructure companies. BitMine’s chairman, Tom Lee of Fundstrat, called Wood’s participation a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to CNBC, SEC Chair Paul Atkins said the Commission treats Ethereum like Bitcoin. He made it clear that securities laws won’t apply to the digital coin. He also noted that this view remains informal until a formal rule‑making is complete. In his words, “Similar to Bitcoin, the SEC has stated informally more than formally that ether is not a security.” That statement gave many investors relief and drove fresh buying by big firms. Paul Atkins: ETH Is Not a Security, Digital Assets Are Being Embraced by…

While most firms treat NFTs as marketing gimmicks, GameSquare is flipping the script, deploying them as financial instruments. Its new $10 million yield program transforms Ethereum-based digital assets into revenue generators, marking a risky but innovative leap in corporate crypto strategy. On July 21, GameSquare announced the expansion of its crypto treasury program to $250 million, including a dedicated $10 million allocation toward a novel NFT yield strategy. The move follows a $30 million purchase of Ether (ETH), bringing its total holdings to over 10,000 tokens. Rather than holding these assets passively, the company plans to actively deploy them across…