Author: Yeek.io

Bitcoin, Ethereum, and XRP are rallying on Friday. The top three cryptocurrencies are climbing higher as BTC enters price discovery and the $130,000 target comes into play. With institutional investors accumulating the largest crypto and rising capital inflows, further gains in the top three cryptos are likely. Traders and investors sitting on the sidelines could find it useful to open long positions in the top three cryptos. Derivatives market data shows that options traders are bullish and expect further gains in risk assets as the cloud of tariff uncertainty is cleared. Bitcoin hits new all-time high, $130K in sight  Bitcoin…

Decentralized Autonomous Organizations (DAOs) are transforming how communities collaborate, make decisions, and manage projects in the Web3 space. Unlike traditional organizations, becoming a DAO contributor means actively participating in this decentralized governance model. Whether you’re a developer, designer, writer, strategist, or community manager, DAOs offer an exciting opportunity to shape the future of blockchain projects while working in a flexible, open-source environment.This article explains how DAOs work, the roles and responsibilities within them, how to get started as a DAO contributor, the benefits of participating, and the challenges to consider.What is a DAO and How Does It Work?A DAO is a…

Europe’s securities watchdog ESMA has warned crypto companies not to falsely promote their MiCA-regulated status to avoid misleading investors. The European Securities and Markets Authority issued a warning to crypto companies on Friday, urging them not to use their regulated status under the EU’s MiCA framework, as a promotional tool, as initially reported by Reuters. For context, the MiCA regulation aims to protect investors by imposing strict rules on how client assets are safeguarded and how complaints are handled. Under MiCA, companies offering crypto services must obtain a CASP license from a national regulator to operate across the EU. “Some…

Key Takeaways PEPE surged 30% in 48 hours as whale buys, exchange outflows, and bullish technicals fueled momentum. Traders favor long positions, suggesting potential for a 22% rally toward $0.000016.   In the past couple of days, sentiment across the cryptocurrency landscape has significantly shifted toward the bullish side. Amid this, Pepe[PEPE] has recorded impressive gains, and interest in it has been surging significantly. Crypto whale buys 228 billion PEPE  Despite a 30% upside momentum over the past 48 hours, whales, investors, and retail traders have shown remarkable interest and confidence in the memecoin. Recently, blockchain-based transaction tracker Lookonchain shared a…

Andrew Leone and Joe Clark built some of DeFi’s most groundbreaking derivatives. Now, they’re taking that expertise to Coinbase, and the implications for onchain markets could be massive. On July 11, crypto exchange Coinbase announced it had poached Opyn’s core leadership team, including CEO Andrew Leone and Head of Research Joe Clark, in a talent-focused acquisition that underscores its aggressive push into onchain finance. The move, framed by Coinbase as a way to accelerate its onchain markets strategy, brings aboard two of DeFi’s most influential derivatives architects, known for pioneering innovations like Power Perpetuals and Squeeth. While the deal doesn’t…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum Foundation has set a twelve-month clock running on one of the most audacious upgrades in the network’s decade-long history: replacing full block re-execution with real-time verification of succinct zero-knowledge proofs native to Layer 1. “Ethereum is going all in on ZK,” research engineer Sophia Gold declared in a July 10 blog post that sketches the path to an L1 zkEVM capable of handling live main-net traffic without compromising decentralization or security. Ethereum Goes All-In On ZK Gold’s plan begins by letting validators opt into so-called…

The hacker who drained GMX decentralized exchange (DEX) of around $42 million worth of assets has agreed to return the funds in exchange for a 10% bounty. The exploit targeted GMX’s V1 pool on Arbitrum and led to major disruptions.The move comes after GMX offered a white‑hat bug bounty. The hacker has since returned $10.49 million in FRAX and holds the rest in ETH. Although the surge in ETH price has put funds valuation above the original amount, raising questions about profit. GMX Hacker Message — Source: ArbiscanLookonchain reports that the hacker agreed to return $42 million in crypto in…

When the Ethereum Foundation offloads ETH, markets flinch. But this time, they handpicked SharpLink as the buyer. Behind the $25.7 million transaction lies a deeper narrative about staking, institutional alignment, and Ethereum’s next phase. On July 11, Minneapolis-based iGaming giant SharpLink Gaming announced it had closed a direct on-chain purchase of 10,000 Ether (ETH) tokens from the Ethereum Foundation, marking one of the largest peer-to-peer mainnet transfers between a protocol steward and a public company to date. The $25.7 million acquisition, executed at $2,572.37 per ETH, was finalized on July 10 without any intermediaries or custodial bridges. It’s a move…

The cyber attacker who looted millions from GMX’s V1 GLP pool earlier this week has turned a new leaf, and the stolen funds are now making their way back. According to on-chain movements flagged by PeckShield Alert, the GMX hacker has returned a total $37.5 million worth of the stolen assets to the protocol. Made in several transfers of ETH and FRAX around 8:00 AM UTC, the total sent so far represents nearly 90% of the $42 million drained just two days ago in the original exploit.  The refund follows GMX’s public offer of a 10% bounty for the safe…

The Caldera Foundation has announced the launch of $ERA, a token that powers its blockchain system, and is giving some tokens to its community through an airdrop. As per reports, Caldera is giving away 7% of its 1 billion $ERA tokens to its community and supporters as a reward through an airdrop. To get these tokens, eligible people need to sign up by July 17, 2025, on Caldera’s official website.  Tokens for the core team and early investors are locked for one year, then released gradually over 24 months to keep them committed to the project’s success. The token will be used to…