Author: Yeek.io

World App’s parent company, Tools for Humanity, announced the acquisition of the iOS-native ETH wallet Dawn Wallet. The app will be ‘winding down’ in the coming weeks following the transition. According to an official statement on the World Chain site, the Dawn Wallet app will be phasing out in the coming weeks after it has been acquired by Sam Altman-backed Tools for Humanity. However, the company behind World App assures users that it will simply be transitioning into the World (WLD) project. “This transition marks both an ending and a beginning. Dawn Wallet will wind down in the coming weeks,…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The web3 revolution promised a decentralized utopia where users would control their assets and data in an open, borderless digital economy. Instead, we have built a maze of isolated networks, each demanding its own wallet, gas token, and operating rules. This industry-wide fragmentation can hinder innovation and deter new users from adopting the technology. Interoperability between chains is not just a technical improvement; it is the foundational layer for the mainstream future of web3. The current fragmentation…

Semler Scientific plans to hold 105,000 Bitcoin by the end of 2027 under its updated treasury strategy. On June 19, the California-based med tech firm announced that it would significantly expand its Bitcoin holdings over the next two and a half years, targeting 10,000 BTC by the end of 2025, 42,000 BTC by the end of 2026, and ultimately 105,000 BTC by 2027. The purchases would be funded through a combination of equity and debt financing, along with operational cash flow. Semler has also appointed Joe Burnett as director of Bitcoin strategy. Burnett, a long-time Bitcoin advocate and former market…

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.A Closer Look at the July DFIP & CFP Voting RoundOne DeFiChain Improvement Proposals (DFIPs) is up for vote in the latest governance voting round.Find out more about it here.Execution of Approved DFIPs for dCrypto Deprecation and Collateral Phase-OutTwo community-approved DeFi Improvement Proposals (DFIPs) will now be executed. They affect every dCrypto asset, introducing a structured phase-out from liquidity pools and vault collateral.Read more about it here.Ecosystem Project UpdatesIf you’ve ever wanted…

Ethereum is witnessing a renewed wave of accumulation from institutional investors and smart money wallets. As of writing, Ethereum (ETH) was trading at $2,508, representing a gain of over 70% from its year-to-date low. Its market cap stood above $300 billion. While ETH remains 32% below its 2025 peak, analysts suggest it could be approaching a significant breakout. According to pseudo-anonymous analyst Crypto GEMs, who has over 422,000 followers on social media, Ethereum appears to have reentered a multi-week parallel channel on the daily chart. Source: X/cryptogems555 The structure resembles a similar pattern from earlier this year, which preceded an…

South Korea’s top financial watchdog is taking steps to bring spot crypto ETFs and stablecoin regulation into the mainstream as part of a broader plan to modernize the country’s digital asset market. According to a June 19 report by local media Yonhap News, the Financial Services Commission (FSC) has submitted a new crypto roadmap to the Presidential Committee on Policy Planning. The plan sets the stage for launching spot cryptocurrency exchange-traded funds (ETFs) and regulating stablecoins by the second half of 2025. Regulators will build the necessary legal and technical infrastructure to support the ETFs, including rules around fund structuring,…

Arizona lawmakers have voted to revive a bill that would expand the state’s forfeiture laws to include digital assets and establish a new Bitcoin reserve fund. Following a June 19 motion in the Senate, House Bill 2324 is headed back to the Arizona House of Representatives for reconsideration.  The measure, which had previously failed to pass the House on May 7, was brought back after a narrow 16-14 Senate vote.  Republican Senator Janae Shamp, one of the lawmakers who initially voted against the bill, filed the motion to reconsider.  It must now secure a majority vote from the 60-member House,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Joseph Lubin, a co-founder of Ethereum and chief executive of Consensys, used an X post on 19 June to deliver what may be his most expansive valuation thesis yet for Ether. After praising a research note that likened ETH to “digital oil,” Lubin argued the author still “is not bullish enough” about Ethereum’s ultimate economic footprint. “This is a very strong piece of work in so many ways,” he began. “Probably everyone who reads this work will learn something and be stoked by the thesis. But this…

The leading decentralized exchange (DEX) aggregator, 1inch, has announced its integration of Sonic Network, a high-performance EVM Layer-1 blockchain, aiming to revolutionize DeFi trading with unprecedented speed and efficiency.This new development promises faster transactions, robust protection against Maximal Extractable Value (MEV) attacks, and access to the best cross-chain swap rates. Sonic Labs’ infrastructure, reportedly capable of processing over 400,000 transactions per second (TPS), and 1inch’s prominent swapping mechanism will offer its users seamless asset swapping across multiple protocols without the need for bridges. Accelerate with 1inch + @soniclabsOur latest chain integration gives you:• The fastest EVM transactions• Bulletproof MEV protection• The…

Quick take: Project Eleven says it has been working on its technology for the past 10 years to create trust in digital interactions. The company seeks to apply post-quantum cryptography (PQC) to existing protocols, starting with Bitcoin. Every wallet, account holder, and private key will be required to upgrade to a new quantum-safe cryptocurrency to protect it from quantum attacks. Project Eleven, the crypto project building at the intersection of quantum computing and cryptocurrencies, has raised $6 million in a seed round co-led by Variant and Quantonation, with participation from Castle Island Ventures, Nebular, and Formation. The company said the…