Author: Yeek.io

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…

A new wave of sophisticated crypto-stealing malware is spreading across the internet as scammers create fake AI, gaming, and Web3 startups to lure victims into downloading malicious software.Cybersecurity firm Darktrace has raised the alarm, detailing how these campaigns operate through elaborate social engineering tactics that exploit trust in digital startups. Attackers are setting up fake companies with convincing websites, social media profiles, GitHub repositories, white papers, and even fake team pages on platforms like Notion.Many of the sites also appear to be linked to verified or compromised X (formerly Twitter) accounts to appear more legitimate. The fake accounts often post…

Caldera, a leading rollup-as-a-servive platform, is launching its native token, ERA, along with a community airdrop that opens a new chapter in the project’s mission.  According to a July 10 announcement, the Caldera Foundation has begun the pre-claim phase for the airdrop, which will allocate 7% of the total ERA token supply to early supporters and ecosystem contributors. Users must register via the official claims portal before the token’s public launch to receive their allocation. The ERA token will serve as the backbone of Caldera’s ecosystem, enabling omnichain gas payments, validator staking, and decentralized governance. It is designed to power…

SEI is showing renewed strength after confirming a breakout from an inverse head and shoulders pattern. According to data from crypto.news, Sei (SEI) surged over 26% on July 11 to reach a six-month high of $0.33, before settling at $0.32. The token remains up approximately 113% from its lows last month. Its market capitalization now stands at $1.78 billion, ranking it as the 70th largest digital asset, while daily trading volume jumped by over 200%, reflecting a sharp increase in market participation. SEI’s price surged after the team announced that the network will soon support native USDC, issued directly by…