Author: Yeek.io

What if Uniswap’s model isn’t the endgame? Kuru Labs, backed by Paradigm’s latest investment, is testing that theory with an audacious plan to replace AMMs entirely with an on-chain orderbook. Success could redefine DeFi’s trading infrastructure. On July 7, Kuru Labs, the startup building a decentralized exchange on Ethereum-compatible Monad, announced an $11.6 million Series A funding round led by Paradigm. The raise, which follows a $2 million seed round last year, will fuel the development of what could be the first fully functional on-chain central limit orderbook for the EVM. The round included participation from notable angel investors like…

SPX is looking to capitalize off the memecoin market gains and break above $1.37. Derivatives data showed $23.65 million in new long positions, pushing Open Interest up 17% to $139.17 million. In the past 24 hours, SPX6900 [SPX] rallied significantly, gaining over 10% and extending its four-week bullish streak to a cumulative 16%. Market analysis indicated a high probability of the rally continuing, though certain established barriers could still limit upward movement. Meme-fueled madness The recent surge in SPX appears linked to the strong performance of the memecoin sector over the past seven days. Per Artemis, memecoins have been the…

PiChain Global has recently released a significant update to its PCM Wallet, with the new feature of passkey authentication. The new method of logging in simplifies access to the user’s wallet and makes it more secure.The newest update adds passkey authentication, a secure, passwordless way of logging in. Users no longer need to remember complex passwords and may instead log in using their fingerprint, facial ID, or device PIN.  The passkeys are securely stored on the device and encrypted using advanced encryption.Old-school passwords are vulnerable to phishing, hacking, and keylogging.  However, Passkeys provide a more secure and user-friendly method of…

Dogecoin price formed a double bottom pattern, pointing to an eventual rebound as whale accumulation continues.  Dogecoin (DOGE) was trading at $0.1700 on July 7, a few points above the year-to-date low of $0.1467. It has dropped by 35% from its highest point this May. On-chain data shows that whales have continued adding to their positions in the past few months. Holders with between 1 million and 10 million tokens now hold over 10.5 billion, up from 10.32 billion in February. Similarly, those with between 10 million and 100 million coins now hold over 24.8 billion, up from last year’s…

A Bitcoin wallet holding billions just came back online after more than a decade of silence, and it’s now shifting its assets across fresh addresses. Blockchain intelligence platform Arkham recently spotlighted the re-mergence of a long-dormant Bitcoin whale, which moved roughly $8.6 billion worth of Bitcoin across eight different wallets after 14 years of dormancy. Each of the wallets had originally received BTC between April and May 2011, back when Bitcoin was still trading below $1. The funds were split into various portions and transferred into eight new addresses, where they currently remain untouched. A single entity moved $8.6 BILLION…

DOGE whale accumulation surged 112%, showing renewed confidence despite modest price gains. Futures Funding Rates remain positive, showing traders are still betting on a breakout. Dogecoin [DOGE] is back on the radar of major investors. Whale accumulation has jumped by 112% over the past week, a mammoth rise in interest from large holders. Meanwhile, Futures traders are doubling down on long positions, showing strong conviction even as DOGE trails behind the broader crypto rally. However, the memecoin has gone up 5% in the last 24 hours, hinting at early signs of momentum building. Whales make waves as netflow surges According…

The White House is getting ready to release its first official crypto report after several months of internal work. According to a Monday release by Crypto in America, the report, ordered under a January executive directive from President Trump, is due by July 22. Expected to outline a broad strategy for digital asset regulation in the U.S., it will mark the administration’s first formal stance on how federal agencies should approach the crypto sector, covering both legislative and regulatory recommendations. The working group behind the report is co-led by U.S crypto czar David Sacks and Congressman Bo Hines, and includes…

Meme coin launchpad Pump.fun recently saw its revenue drop by around 92% from its historic peak, indicating the continued decline of the platform’s hold on the crypto market. On-chain data shows that the meme coin launchpad’s fees have been continuously going lower and lower over the past few days. This indicates a significant drop in generated revenue compared to the beginning of the year when it started off strong. According to data from DeFi Llama, on July 6, the launchpad’s revenue only amounted to $533,410, while its fees have generated less than $922,890. This is the first time since March…

Price gains over the past week boost total assets under management up to a new all-time high of $188 billion. CoinShares noted a shift in investor attitudes which favored Ethereum more than Bitcoin. In the past week, digital asset investment products saw $1.04 billion in global inflows, which marked the 12th consecutive week of inflows. According to CoinShares’ weekly report, the total net inflows have reached $16.3 billion, which aligns with the weekly average of 2025 so far. Not only that, price gains evident throughout the last week also pushed the AuM to a new all-time high of $188 billion…

Babylon Genesis is set to roll out testnets for multi-staking and EVM support this summer, with both features scheduled to go live on mainnet in Q4 this year. The Bitcoin (BTC) staking protocol Babylon Genesis has unveiled its 2025 roadmap, outlining a series of milestones that will mark the completion of Babylon’s core staking infrastructure and open the door to BTCFi-native applications such as lending, trading, and stablecoins. This summer, the protocol will launch testnet support for multi-staking, allowing a single BTC position to secure multiple networks simultaneously. The initial integrations include Ethereum rollups like Optimism and Arbitrum, as well…