Author: Yeek.io

Quick take: Veda offers a DeFi vault infrastructure platform that abstracts the complexities of DeFi transactions. The platform allows developers and institutions to create vaults for different DeFi use cases, including restaking tokens, yield-generating products, and savings accounts, among others. Since launching in March 2024, Veda claims to have amassed over 100,000 users, while its TVL stands at $3.38 billion, according to DeFiLlama. Veda, a decentralised finance (DeFi) vault infrastructure layer, has raised $18 million in a funding round led by CoinFund, with participation from Coinbase Ventures, GSR, Maelstrom, Animoca Ventures, Mantle EcoFund, BitGo, Credibly Neutral, Draper Dragon, Heartcore, PEER…

The recent crypto crash continued on Monday, June 23, as investors embraced a risk-off sentiment amid an ongoing geopolitical crisis. Bitcoin (BTC) was trading at $101,000, up from Sunday’s low of $98,230, while Ethereum (ETH) rose to $2,250.  Total liquidations dropped to $624 million, with over 181,384 traders being liquidated. Here are the top three reasons Bitcoin and other altcoins may rebound soon. 1. Iran – Israel crisis could moderate The first reason Bitcoin and other altcoins could recover is that the crisis between Israel and Iran may have reached its peak. Israel stated its objective was to prevent Iran…

Activity on Kraken’s Ethereum Layer 2 network, Ink, has picked up sharply in the last few days, right before its token launch. The jump comes after the Ink Foundation announced the INK token, which will have a fixed supply of 1 billion. There’s also a community airdrop planned, set to go live through a liquidity pool on Aave.Since the announcement, the network has recorded more than 500,000 daily transactions. The number of active smart contracts on Ink has nearly doubled since May, hitting a high of 6,000 on June 18, according to Dune Analytics.Despite the rise in usage, the total…

A strong trend of inflows into crypto investment products is showing that investor confidence remains high despite recent price drops and global tensions. According to CoinShares’ Digital Asset Fund Flows Weekly report published on June 13, 2025, these products saw a total of US$1.24 billion in inflows last week. The positive run marks the 10th consecutive week of gains for the funds, bringing year-to-date (YTD) inflows to a new record of $15.1 billion. Bitcoin (BTC) led the influx with $1.1 billion, followed by Ethereum with $123.8 million. The strong numbers come despite recent price declines for both assets, triggered by…

Bitcoin’s recent pullback hasn’t shaken market sentiment, and industry veteran Arthur Hayes is confident in the asset’s long-term strength. In a June 22 X post, BitMex co-founder Arthur Hayes offered an optimistic take on Bitcoin’s (BTC) outlook, hinting at renewed strength ahead despite the ongoing market volatility.  “This weakness shall pass and $BTC will leave no doubt as to its safe haven status,” he wrote.  In his view, the recent dip is just a temporary phase, and the broader economic backdrop could soon turn favorable for Bitcoin. Hayes suggested that the rising global pressure may lead to increased liquidity injected…

Ethereum’s rising dominance in crypto markets is being driven not by a surge in its own trading activity, but by a sharp decline in altcoin volume. According to a June 22 analysis by CryptoQuant contributor CryptoOnchain, Ethereum’s (ETH) market share on Binance has risen largely because the volume of other assets has sharply declined. ETH’s trading volume fluctuated between 300 trillion and 490 trillion between January 2023 and May 2025, remaining relatively stable.  Between November 2024 and May 2025, altcoin trading fell sharply from a peak of 1.57 quadrillion to just 387 trillion. The sharp drop in altcoin activity has…

Cardone Capital has become the first real estate investment firm to adopt a full-scale Bitcoin treasury strategy after it added roughly 1000 Bitcoin to its balance sheet. According to CEO Grant Cardone, the move marks the integration of “the two best-in-class assets,” combining real estate with Bitcoin as part of its broader investment strategy. CardoneCapital adds ~1000 BTC to balance sheet becoming first ever real estate/btc company integrated with full BTC strategy, combining the two best in class assets 14,200 units plus half million square feet of A* office the group expects to add another 3000 BTC and 5000 units……

Blockchain security auditor Hacken has confirmed a major exploit involving unauthorized HAI token minting on Ethereum and BNB Chain. On June 21, a compromised private key allowed a malicious actor to mint 900 million HAI tokens, which were subsequently dumped on decentralized exchanges. According to Hacken, the private key was compromised while the company was making architectural changes to its blockchain bridge infrastructure. These updates were intended to enhance security, but during the process, a key linked to a contract with minting privileges was exposed. Hacken’s blockchain bridge, which is designed to facilitate token transfers between networks like Ethereum and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum price made a swift and strong comeback at the beginning of the year’s second quarter, having struggled in the first few months of 2025. While the “king of altcoins” is in a much better place than it was a few months ago, ETH has not particularly impressed in the last few weeks. The Ethereum price had been stuck within a consolidation range before falling to a new swing low over the past week. In the late hours of Saturday, June 21, the altcoin’s value fell…

Shiba Inu price continued its strong downtrend on Sunday, June 22, as the crypto market crashed after the U.S.-Iran bombing.  Shiba Inu (SHIB) token plunged to a low of $0.000011, down by 38% from the highest point in May. This retreat has brought its market capitalization from $19 billion in November last year to $6.4 billion.  SHIB’s plunge coincided with the crypto market crash as investors reacted to President Donald Trump’s order to U.S. military to bomb nuclear sites in Iran. This strike presents major regional risks that may disturb all markets and asset classes, including cryptocurrencies.  SHIB has also…