Author: Yeek.io

The DeFi space is no stranger to big ideas and bold promises, but with numerous new concepts emerging, it’s challenging to determine which ones will stand the test of time. One of the most intriguing innovations to come out of DeFi is tokenized yield, an approach that promises to revolutionize how we earn and manage returns on our crypto assets. Pendle Finance is at the forefront of this shift, offering a unique way to tokenize and trade yield-generating assets. But is tokenized yield the next big thing, or just another hype-driven trend? Pendle’s strategy has the potential for high yields, but…

Elon Musk’s artificial intelligence startup, xAI (short for “x Artificial Intelligence”), has quickly become one of the most ambitious AI ventures on the planet. Founded in March 2023, the company’s stated mission is to “understand the true nature of the universe” and to build artificial intelligence that accelerates scientific discovery. xAI’s first public product was Grok, a chatbot launched in November 2023. Unlike traditional AI assistants, Grok connects to X (formerly Twitter) and web search in real-time, enabling it to answer current events and trending queries with a uniquely dynamic tone. But perhaps the most remarkable feat by xAI so far is…

Key Takeaways PENGU crypto rallied 50% on Bitcoin’s breakout, but rising sell pressure and bearish divergences hint at a possible short-term retracement. Liquidity maps show $0.0225 and $0.0175 as key zones for next price moves. Pudgy Penguins [PENGU] rallied 50% from its low of $0.0143 on the 7th of July. The Fibonacci extension levels plotted the $0.02 and $0.026 as the 23.6% and 61.8% extension levels, respectively. The first target has been met, spurred by Bitcoin [BTC] making a new all-time high. Source: PENGU/USDT on TradingView The 1-day chart showed strong bullish impetus. In late June, when PENGU token prices…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In tech, abstraction has long been synonymous with progress. We moved from physical servers to the cloud. From local files to APIs. From self-hosting to “serverless.” Infrastructure became invisible—outsourced, simplified, and abstracted into someone else’s computer. And for a time, it worked. The cloud brought speed, scale, and convenience to millions of developers and enterprises. But that abstraction came with a cost: control. Today, we’re seeing the limits of that trade-off. The AI boom demands compute that’s…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In an announcement yesterday, Nasdaq-listed software company GameSquare Holdings revealed that it had purchased $5 million worth of Ethereum (ETH) as part of its $100 million ETH-focused treasury strategy. With this move, GameSquare joins a growing number of companies diversifying their corporate treasuries by investing in digital assets. GameSquare Embraces Ethereum As Part Of Treasury Strategy As the cryptocurrency market regains bullish momentum – highlighted by Bitcoin (BTC) reaching successive all-time highs (ATHs) over the past few days – mainstream interest in digital assets is once again…

Navigating the Web3 world is supposed to be empowering, but for many, it still feels like solving a puzzle without the picture on the box. From confusing wallet setups to clunky interfaces and endless jargon, the Web3 user experience (UX) just hasn’t caught up with its promise of decentralization and self-sovereignty.That’s where Backpack Web3 wallet comes in. Built by Coral, the same team that created the Anchor framework for Solana, Backpack is more than just a crypto wallet; it’s a bold attempt to fix Web3’s UX problems. By focusing on simplicity, multi-chain functionality, and a new kind of NFT experience…

Solana-based memecoin launchpad Pump.fun has acquired wallet-tracking platform Kolscan in its first-ever buyout, ahead of its upcoming ICO. According to a July 11 announcement, Pump.fun has already begun integrating Kolscan’s features into its platform, describing the acquisition as a move that would “enable better products for both Kolscan and Pump.fun users” while introducing “totally new experiences” to the onchain trading space. we’re excited to announce that pump fun has acquired @kolscanKolscan is a wallet tracker that monitors the activities of top onchain traders. it provides realtime transactions, token PnL, and a leaderboard ranking their performanceour integration will not only enable…

Traditional web browsers, such as Google Chrome and Apple Safari, have become the default tools for navigating the internet. They offer speed, seamless integration, and convenience, but often at a hidden cost: your personal data. These browsers track user behaviour extensively, building detailed profiles to fuel targeted advertising and corporate profits. As awareness about digital privacy grows, more users are beginning to question whether the trade-off between convenience and control is worth it.That’s where Brave browser steps in. Designed to disrupt the current browser space by blocking trackers, safeguarding user data, and even rewarding users with cryptocurrency for viewing ads…

Researchers at cybersecurity company Darktrace have warned that threat actors are using increasingly sophisticated social engineering tactics to infect victims with crypto-stealing malware. In its latest blog, Darktrace researchers detailed an elaborate campaign in which scammers were found to be impersonating AI, gaming, and Web3 startups to trick users into downloading malicious software. The scheme relies on verified and compromised X accounts, as well as project documentation hosted on legitimate platforms, to create an illusion of legitimacy. According to the report, the campaign usually begins with impersonators reaching out to potential victims on X, Telegram, or Discord. Posing as representatives…

The Midnight Glacier airdrop is expected to begin its claim phase next week. This will be between July 16th and July 26th, but the exact date will be determined when the technical team is ready to initiate the NIGHT token distribution. The snapshot was recently completed on June 24, with Cardano founder Charles Hoskinson announcing it on X (formerly Twitter). Over 37 million wallets that have major cryptos such as Bitcoin (BTC), Ethereum (ETH), Ripple’s XRP, Solana (SOL), Binance Coin (BNB), Cardano (ADA), Basic Attention Token (BAT), and Avalanche (AVAX) will receive free NIGHT and DUST tokens.Midnight Airdrop update | Source: XAs…