Author: Yeek.io

Fragmented logins, redundant KYC, and exposed personal data plague crypto, but Moca Network claims its ZK-powered L1 aims to flip the script. Launching with Animoca’s 700 million-user ecosystem, it’s betting big on verifiable credentials as the next infrastructure play. On June 25, Moca Network, the identity-focused arm of Animoca Brands, unveiled Moca Chain, a new Layer-1 blockchain designed specifically for decentralized identity and verifiable data. Moca Chain is the home and open platform for all identities and data, co-existing symbiotically with other chains as the identity and data verification layer — welcoming any protocol, app, or builder ready to scale…

Maple Finance’s token extended its rally for a fourth consecutive day as momentum behind its yield-generating stablecoin continued to build. Maple Finance (SYRUP) price rose to a high of $0.6180, its highest point since November last year. It has jumped by over 6.45% from its lowest point this year, giving it a market capitalization of $688 million. Maple Finance’s token advanced as the syrupUSDC market capitalization jumped to over $886 million, three months after its launch. This growth has made it one of the biggest stablecoins in the crypto industry. SyrupUSDC has overtaken other popular stablecoins like Ondo Finance’s USDY,…

Everyone in crypto wants a piece of the AI narrative in 2025. We’ve seen a wave of announcements, token launches, and integrations that boldly claim to sit at the intersection of AI, blockchain, and Web3. Yet, strip away the surface, and most ‘AI + crypto’ projects amount to lipstick on a protocol — cosmetic, not structural — chasing pitch deck momentum rather than building real utility. There’s progress — just not where most people are looking. Let’s draw the line between hype and infrastructure, and see where the crypto-AI convergence is actually happening. Why most ‘AI-crypto’ integrations fall short  Plugging…

zkLend, a decentralized lending protocol built on Starknet, has officially shut down operations following a $9.5 million exploit. The team announced it will use its remaining $200,000 treasury to support affected users through a recovery fund. The decision comes after the delisting of the platform’s native token, ZEND, from major exchanges.How $9.5M Exploit and Delistings Prompt zkLend ShutdownIn a message to its community, zkLend said the choice to wind down operations was difficult but necessary. The platform was hit by a significant exploit that compromised user confidence and platform integrity. Dear zkLend Community,It is with a heavy heart that we…

Blockchain technology is set to underpin the next era of global finance, transforming everything from stock trading to interbank settlement. While the underlying technology is ready to support mainstream adoption, the current user experience can be improved. A lack of secure infrastructure powering frontend tools has left users vulnerable and created a barrier to adoption.  What’s needed are highly secure tools that build upon reliable infrastructure. Payments are a critical first step toward the broader adoption of the blockchain economy, as payments provide an entry point to the onchain economy and support the use of additional use cases. According to…

Two of crypto’s most trusted names just made Ethereum staking simpler and potentially more rewarding. By embedding MEV Max directly into Ledger Live, they’re cutting out the inefficiencies that plague traditional staking setups. According to a June 25 press release shared with crypto.news, Ledger has integrated Chorus One’s MEV Max Vault into its Ledger Live platform, allowing users to stake Ethereum (ETH) with MEV-boosted rewards directly from their hardware wallets. The move allows Ledger users to access Chorus One’s high-performance staking infrastructure natively through the “Earn” and “Discover” sections of the app. It eliminates the need for third-party dashboards or…

The attacker(s) that exploited the Cork protocol for millions earlier this year has resurfaced to launder their loot and make a surprise donation. On Wednesday, June 25, blockchain security firm PeckShield Alert flagged renewed activity from wallet addresses tied to exploiters of the decentralized finance platform Cork Protocol. The movements marked the first recorded from the hacker since draining roughly $12 million from the protocol in May. The first transaction saw 1,410 ETH (ETH), worth around $3.2 million, sent to Tornado Cash, the infamous crypto mixing service commonly used by cyber attackers to obscure transaction trails. Shortly after, the attacker…

Fuzzland has disclosed a $2 million insider attack that targeted Bedrock’s UniBTC protocol in September 2024, was carried out by a former employee who used malware, social engineering, and privileged access to compromise internal systems.Fuzzland has taken full responsibility for the breach and reimbursed all affected parties.Insider Access Used in $2M Bedrock Protocol ExploitFuzzland, in a post on X, revealed that a past employee exploited the UniBTC protocol via a sophisticated insider operation. The individual joined the company under the guise of a skilled MEV developer and later inserted a trojan into Fuzzland’s MEV codebase using a malicious Rust crate…

Ethereum’s recent bounce off local lows has brought it back into a heavily contested resistance zone. With market structure compromised, reclaiming $2,600 is now critical for the bulls to stay in control. After establishing a local bottom at $2,111, Ethereum (ETH) staged a sharp rebound. However, this move appears to be more of a short squeeze than a genuine trend reversal. Price has now rallied into a key resistance zone at $2,600, an area packed with technical confluence and historical relevance. For ETH to regain upward momentum, it must close above this level with conviction. Key technical points $2,600 Resistance…

Welcome to the DeFiChain News Show summary – your go-to source for all the latest happenings in the DeFiChain ecosystem.Each week, we bring you the most important updates, developments, and critical announcements that every DeFiChain community member needs to know.In this edition, we cover the ongoing tokenomics discussion, the revamp of the website, and Crypto Factor’s expansion with a dedicated Labs division.The DeFiChain community has initiated constructive discussions around tokenomics improvements in a collaborative chat called “Future.” This open forum allows all community members to participate directly in shaping the project’s economic framework.Key Discussion Points:Activation of decentralized real-world asset systemsStability…