Author: Yeek.io

An attacker manipulated token prices to distort exchange rates and drain about $9.5 million from decentralized stablecoin protocol Resupply. The exploit was first flagged on June 25 by security platform BlockSec Phalcon, which detected a suspicious transaction leading to a $9.5 million loss. Resupply protocol confirmed the incident on X shortly after, claiming that the affected smart contract had been paused and that the attack only affected its wstUSR market. The team also stated that a thorough post-mortem is in progress and that the core protocol is still operational. Resupply has experienced an exploit in the wstUSR market. The affected…

Hong Kong is stepping up its digital asset push with a new policy roadmap designed to scale innovation, regulation, and adoption. On June 26, the Hong Kong government issued Policy Statement 2.0 on the Development of Digital Assets, outlining the next phase of its regulatory strategy. The update, which builds on the framework initially introduced in 2022, introduces a new “LEAP” framework designed to establish a trusted and innovation-driven digital asset ecosystem.  The initiative targets four key areas, including legal streamlining, expanding tokenized products, advancing use cases, as well as people and partnership development. A key pillar of the framework…

The idea of Decentralized Autonomous Organizations (DAOs) sounds like a utopian tech vision—self-governing communities free from centralized control, where decisions are made transparently and democratically. It’s a compelling concept, but the reality has proven more complex. DAOs got off to a rocky start. The first major experiment, simply called The DAO, launched in 2016 with high hopes—only to be hacked two months later. The fallout was so bad that it triggered Ethereum splitting into two chains: Ethereum (ETH) and Ethereum Classic (ETC). It wasn’t the ideal debut. Fast forward to today, and DAOs still struggle to live up to their…

Amp crypto price has crashed by over 40% from its highest point in May and by nearly 80% from its 2024 high.  Amp (AMP) token dropped to a low of $0.00293 this week, its lowest level since April. This retreat has brought its market cap to $286 million, down from its all-time high of $3.5 billion. Here are the top three reasons why the coin may rebound soon. Amp crypto has formed a double-bottom pattern The first reason Amp may bounce back is that it has formed a double-bottom pattern on the daily chart. This pattern consists of two distinct…

What if you could earn passive income not through staking, lending, or farming—but by putting market volatility to work for you? That’s exactly what DeFi Options Vaults (DOVs) offer, and they’re rapidly gaining traction as one of the most innovative yield-generating strategies in DeFi. For years, earning yield in crypto often meant navigating liquidity pools, hunting down token incentives, or juggling complex yield farming strategies. These approaches required time, effort, and often carried risks tied to token inflation or impermanent loss. DOVs change that. They provide a hands-off, automated way to generate income—without needing deep expertise in options trading or…

Zilliqa blockchain network has officially moved from version 1.0 to 2.0, a protocol upgrade that restructures the blockchain’s architecture.  According to a press release shared with crypto.news, the update introduces Ethereum Virtual Machine (EVM) compatibility, a new Proof-of-Stake consensus model, and infrastructure designed to support institutional use cases.  The roll out follows a six-month test phase involving 21 external validators. During this period, the proto-mainnet processed 7.5 million blocks and completed 15 client upgrades. Key features of the upgrade include modular components that allow for greater network flexibility and future scalability. The update also introduces support for tokenized assets, verifiable…

Tokenized real-world assets (RWAs) have become one of the fastest-growing categories in crypto—second only to stablecoins, according to a comprehensive ‘RWA in On-chain Finance Report: H1 2025 Market Overview’ by modular blockchain oracle RedStone, in collaboration with Gauntlet and rwa.xyz.The tokenized RWA space has moved from a “buzzword into a multi-billion-dollar financial system,” the report says. Since January 2024, the total onchain RWA value (excluding stablecoins) has nearly tripled. By December 2024, it reached $15.2 billion, marking an 85% year-over-year growth.By June 2025, this market reached an all-time high of $24.31 billion. 2/ The RWA market value soared from $5B…

Smart contracts have completely transformed the digital world, offering a way to automate agreements, increase transparency, and eliminate the need for intermediaries.  First introduced by Ethereum, these self-executing contracts have become a game-changer, not just for Ethereum, but for other blockchains like Solana, Binance Smart Chain (BSC), and Polkadot. Each of these networks brings its own unique features to the table, making them stand out in different ways.  In this article, we’ll examine what smart contracts are, comparing how they function across Ethereum, Solana, and other major blockchains. We’ll explore key factors like programming languages, scalability, security, speed, interoperability, and…

A report by RedStone shows that private credit is the main driver of growth in the real-world asset market. Tokenized real-world assets are one of the biggest trends in crypto this year. On Thursday, RedStone published a report on the state of on-chain finance in the first half of 2025. The report notes that RWAs have become one of the fastest-growing categories. RWAs reached an estimated value of more than $24 billion in June 2025, up from $5 to $10 billion in 2022. This growth was second only to stablecoins, which have seen even stronger performance during the same period.…

Quick take: The company started raising the funds in 2024, announcing an initial close of $113 million last July. The names of participating investors have not been disclosed, but general partner Mike Giampapa said there were institutional investors and family offices. Galaxy will serve as a limited partner in the fund, whilst also owning a general partner stake. Mike Novogratz’s Galaxy Digital has launched its first venture fund, anchoring a $175 million funding that also attracted participation from undisclosed institutional investors and family offices. The crypto conglomerate initially planned to raise $150 million, but was oversubscribed as it seeks to…