Author: Yeek.io

India stands as one of the world’s fastest-growing major economies, with a projected GDP growth rate of 6.3% to 6.5% for fiscal year 2024–25, according to Deloitte. The National Stock Exchange (NSE) has emerged as a global leader, facilitating 268 initial public offerings (IPOs) in 2024 and raising approximately $19.5 billion, surpassing other major markets. However, despite these achievements, Indian startups and financial institutions face significant challenges in accessing international capital. Many startups grapple with limited access to funding, regulatory complexities, and bureaucratic hurdles, which could hamper growth and scalability. In this context, tokenization is a promising solution. Tokenization involves…

Key Takeaways TURBO jumped 12% in 24 hours as bullish technical setups align with whale accumulation. A breakout above $0.006 could trigger a surge toward $0.015 if volume and price structure continue to hold. The first-ever AI memecoin, Turbo [TURBO], is back to making waves in the recent crypto resurgence. While Bitcoin [BTC] surged to new highs, TURBO stood out among memecoins with a 12% rally on the 14th of July. At the same time, daily trading volume jumped 133%, reaching $463 million, at press time, nearly twice its $285 million market cap as of the 14th of July. That…

Core will automatically reward developers who contribute to activity on its platform, from stablecoins to DeFi projects. DeFi projects and developers are a core part of any ecosystem, but so far, they have not reaped much of the rewards. For this reason, on Tuesday, June 15, Core Foundation announced the launch of Rev+, a protocol-level revenue-sharing model. Developers who work on the Core (CORE) ecosystem, an EVM-compatible Bitcoin (BTC) staking protocol, will automatically earn a portion of gas fees. Stablecoin issuers, NFT collections, DeFi developers, and DAOs will earn a portion of the fees on all transactions they facilitate. “Rev+…

Flare Network is marking three years of existence since its mainnet debut on July 14, 2022. From its humble beginnings as a dream to link blockchains and make secure, off-chain data available on-chain, Flare has grown to become one of the most active ecosystems in Web3. From innovation in smart contracts to integration with real-world finance, Flare’s development over the past three years is mirrored in figures and reach.Since launch, Flare has generated more than 40 million blocks, processed 240 million transactions, and generated 3.9 million wallet addresses. The network processes an average of more than 445,000 transactions per day, and…

Key Takeaways Dogecoin defends $0.19 support amid growing bullish bets, but rising long liquidations signal fragility. A breakdown could unwind leveraged optimism and delay a move toward $0.25. Dogecoin [DOGE] surged earlier in July and reclaimed the $0.19 support level, sparking optimism of a possible run toward $0.25.  The upward momentum formed on rising volume and bullish market participation, signaling strong intent from buyers.  Trading at $0.1916 after a 7.85% daily drop at press time, DOGE remained above the ascending support line. This structure continued to hold despite the pullback, making the $0.19 zone critical.  A sustained close below this…

Ethereum has broken above a long-standing resistance level, flipping it into potential support. If the retest holds, the stage is set for a continuation toward higher targets, including the $3,600 high time frame resistance. Ethereum (ETH) has successfully breached a key multi-month resistance level at $2,819, a zone that has historically capped upside moves. The breakout was confirmed by a strong impulsive candle followed by continued price acceptance above this level. If ETH manages to hold this area as support on a bullish retest, it would signal strength in the current uptrend, potentially propelling the price toward the next major…

The Canadian Investment Regulatory Organization (CIRO) recently took a big step in tightening margin requirements for cryptocurrency funds, sparking fresh debate over Canada’s crypto regulations. In its latest quarterly update, CIRO excluded crypto funds from the List of Securities Eligible for Reduced Margin (LSERM), citing concerns over volatility, liquidity risks, and regulatory uncertainties. This decision marks a critical moment for Canada’s crypto future, with potential ripple effects on trading costs, market stability, and investor sentiment.Understanding CIRO’s Margin Rules and the LSERMTo grasp the full impact of CIRO’s margin rules on the crypto space, it’s crucial to first understand how these…

The launch of Boundless’ incentivized testnet marks crypto’s first real stress test for production-ready zero-knowledge infrastructure. With the Ethereum Foundation and EigenLayer as early adopters, the scramble to operationalize ZK proofs across chains has officially begun. According to a press release shared with crypto.news on July 15, Boundless Network has deployed its Mainnet Beta on Coinbase’s Base blockchain, introducing what it calls the first “universal” zero-knowledge protocol. Backed by RISC Zero’s zkVM, the incentivized testnet has already drawn participation from major players including the Ethereum Foundation, Wormhole, and EigenLayer—an unusual show of early confidence for a project still in beta.…

Crypto infrastructure firm Function has secured $10 million in seed funding to scale FBTC, its fully reserved Bitcoin product, amid rising demand for BTC-based yield solutions. Crypto infrastructure firm Function, previously known as Ignition, has successfully raised $10 million in a seed funding round led by Galaxy Digital, whose support also extends to liquidity provisioning, governance, risk management, and strategic guidance. The round also saw participation from Antalpha and Mantle. This funding is primarily aimed at further developing and scaling Function’s flagship product FBTC — a fully reserved, composable Bitcoin (BTC) representation designed to help institutions and corporate treasuries deploy…

Quick take: The fundraising also attracted participation from Antalpha and Mantle. The bitcoin-based protocol, formerly known as Ignition, aims to unlock institutional yield opportunities from the largest yet least utilised asset in DeFi. The announcement comes amid a ramp-up in institutional adoption of BTC through strategic Bitcoin treasuries and spot ETFs. Function, formerly Ignifition, a decentralised finance protocol on Bitcoin, has raised $10 million in a seed round led by Galaxy Digital, with participation from Antalpha and Mantle. The company offers fBTC, a yield-generating token that allows institutions and corporate treasuries to deploy bitcoin while maintaining full control of their…