Author: Yeek.io

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.DeFiChain News Show: Tokenomics, Website, And More!Welcome to the DeFiChain News Show summary – your go-to source for all the latest happenings in the DeFiChain ecosystem.In this edition, we cover the ongoing tokenomics discussion, the revamp of the website, and Crypto Factor’s expansion with a dedicated Labs division, and more.Read more about it here.A Closer Look at the July DFIP & CFP Voting RoundOne DeFiChain Improvement Proposals (DFIPs) is up for vote…

Insider activity is picking up across Trump family-linked crypto projects, with wallets offloading tens of millions of dollars in tokens. The team behind the Melania Trump-themed meme coin $MELANIA (MELANIA)has sold 82.18 million tokens over the past four months, according to Lookonchain data. Spread across 44 wallets, the sales accounted for roughly 8.22% of the total supply and were exchanged for 244,934 SOL (SOL), worth approximately $35.76 million at the time. Most of the MELANIA sales were executed through liquidity manipulation, adding and removing liquidity from pools, a method often used to avoid slippage and reduce market impact by minimizing…

Crypto asset manager Grayscale has updated its Top 20 list for the third quarter, adding Avalanche and Morpho — two assets it sees as having strong potential in the months ahead. On June 26, Grayscale updated its Top 20 asset list as part of its Q3 2025 Crypto Sectors report, with the only changes being the addition of Avalanche (AVAX) and Morpho (MORPHO). According to Grayscale research team, Avalanche was added due to a recent surge in transaction volume and user activity, possibly linked to new gaming integrations (specifically, the onboarding of video game MapleStory) and stablecoin usage, suggesting organic ecosystem…

The MULN stock received a slight pre-market boost after the company issued an announcements informing customers that it would be accepting Bitcoin, TRUMP and other cryptocurrencies for electronic vehicle purchases. According to an official press release, the Nasdaq-listed Mullen Automotive Inc. now accepts purchases made in cryptocurrency, specifically Bitcoin (BTC) and the official TRUMP (TRUMP) memecoin. This means that traders can purchase both Mullen and Bollinger commercial electric vehicles by paying in crypto. In addition to the two cryptocurrencies mentioned, the company also plans to accept other types of crypto as it continues to delve into crypto payment acceptance. Without…

Resolv Protocol has pushed back against speculation of internal token sales, revealing it repurchased 1.6 million RESOLV tokens amid heightened market volatility. In a June 27 statement on X, Tim Shekikhachev, customer success manager at Resolv (RESOLV), said the protocol’s foundation had not sold any RESOLV during the recent downturn. “In fact, at current levels, we are strong buyers,” he wrote, confirming a $240,000 buyback at around $0.15 per token over 24 hours. Seeing a lot of folks in the market look at price dynamics in $RESOLV, so it is the right moment to share facts and our team’s considerations.Market…

Wormhole’s token W is showing early signs of a bullish reversal as its ecosystem continues to gain popularity among major players. According to data from crypto.news, Wormhole (W) was exchanging hands at $0.0631, last check June 27, with a market cap of over $293 million. The token remains down more than 80% from its year-to-date high of $0.317. This dramatic drop has left nearly 96% of holders underwater, creating sustained selling pressure as investors try to reduce losses, data from IntoTheBlock shows. Wormhole’s losses also come as it faces heavy competition from other major players in the interoperability space, like…

Believe memecoin launchpad has unveiled $1million Believe Builders Fund to back builders and communities through various initiatives. On June 27, Believe, a Web3 SocialFi platform enabling token launches via social interactions on X, announced the launch of the Believe Builders Fund. The initiative commits $1,000,000 over the coming months to support high-potential builders and communities through fellowship grants, hackathons, and targeted incentives. This announcement comes amid a sharp decline in platform activity. According to Dune Analytics, token launches on Believe peaked in early May with over 4,000 tokens launched per day. However, activity steadily declined throughout the month and into…

The crypto mining firm Bit Digital officially marks its departure from Bitcoin mining and towards Ethereum staking by issuing $150m shares in a public offering to buy more ETH. In a recent press release, Bit Digital announced that it will be issuing 75 million shares at $2 each, with an additional 11.25 million shares available to underwriters via a 30-day option. In total, the public offering will be enough to raise $150 million in capital. The offering is set to close on June 27 and will be subjected to “satisfaction of customary closing conditions.” According to the company’s statement, the…

Bakkt Holdings Inc. has disclosed plans to raise $1 billion through a mixed securities offering and use the proceeds to fund Bitcoin buys. According to the crypto software firm’s June 26 filing with the U.S. Securities and Exchange Commission, the offering will include any combination of Class A common stock, preferred stock, debt securities, warrants, or units. The Form S-3 shelf registration enables Bakkt to issue these securities in one or more tranches over time, depending on market conditions. Bakkt may allocate proceeds from future equity or debt financings into Bitcoin or other digital assets. While no purchases have been…

FARTCOIN plummeted significantly in the last 24 hours, joining the list of top losers. Investors across the board are taking advantage of the decline and have begun accumulating. Fartcoin [FARTCOIN] recorded one of the sharpest drops in the market, falling by 11% in a day, and has appeared on CoinMarketCap’s list of top losers, two weeks after leading in gains.  While selling pressure has intensified, AMBCrypto found that a segment of the market—led by Binance retail investors—continues to purchase the asset, suggesting that a rebound may be near. Here’s why. Binance traders make bold FARTCOIN buys The recent decline can…