Author: Yeek.io

The crypto industry has evolved from an infrastructure-focused early market into a mainstream technology sector defined by blockchain deployment across the global economy. Speaking exclusively to TFN, Mickey Graham, Metalayer co-founder and General Partner at Metalayer Ventures, said: “The starting point of this transformation will be the financial services industry, where crypto is rapidly being adopted to create vastly better products and services. We started Metalayer to support these pioneering founders driving the industry into its next growth phase.”Today, Metalayer Ventures completed its $25 million fund, Metalayer Fund I, which focuses on converging traditional finance and blockchain technology. The fund…

Ethereum Foundation President Aya Miyaguchi sat down with UNICEF innovation unit builder and Giga founder Christopher Fabian and talked about how the UN’s Children Fund came to embrace crypto and the blockchain. On May 28 at ETHPrague, Fabian and Miyaguchi took the audience back to 2018 and 2019 when United Nations Children’s Fund first began working with blockchain technology and cryptocurrency through the creation of its CryptoFund. Fabian, who had previously worked in startups and other technological projects before working with UNICEF, recalled how it took a while for him to convince the organization that the technology was going to…

SOPH, the native token of the entertainment-focused Layer 2 network Sophon, is set to make its official debut on Binance and other tier-1 exchanges later today. In a May 28 announcement, Binance confirmed that SOPH will be available for trading on Binance on May 28, 2025, at 13:00 UTC. The listing will mark the token’s first official appearance and will go live alongside Sophon’s Token Generation Event (TGE), and an accompanied listing on Binance Alpha, the exchange’s early-access section that showcases trending and promising Web3 projects scheduled earlier for the day. As part of the launch, Binance Alpha will host…

James Wynn has now fully lost the gains he recently made in a series of high-risk trades. With his current bet nearing the liquidation threshold, Wynn now stands on the brink of losing the principal tied to that position as well. According to reporting by EmberCN, Wynn made $11.67 million by going long on Trump (TRUMP) and Fartcoin (FARTCOIN) between May 12–13. However, on May 23, he lost $5.29 million through long positions in Ethereum (ETH) and Sui (SUI). A brief rebound followed on May 24, when longs on Bitcoin (BTC) and Pepe (PEPE) netted him a $42.08 million profit.…

RENDER price dropped 8% as FUD spread following Coinbase’s announcement to delist the old Ethereum-based RNDR token—even though the newer Solana-based RENDER remains fully supported. Render (RENDER) price declined 8% in the past 24 hours, currently trading at $4.50 as the trading volume is surging over 150%. The drop appears to be caused by confusion surrounding the May 27 Coinbase announcement about the delisting of the RNDR token. However, the delisting affects the older Ethereum-based version of Render (RNDR), not the newer Solana-based RENDER. MOBILE, RNDR, RBN, & SYN are being delisted because new versions of these tokens have been…

Cetus Protocol has finally shared good news after a huge $223 million theft on May 22, 2025. The hack upset many in the crypto world, but Cetus and the Sui Foundation’s quick steps helped the community calm down. The firm has stated its plan to pay back everyone who lost money. The firm will use its own cash and tokens, plus a loan from the Sui Foundation, to cover the losses and make sure users get all their money back. Cetus wants to pay back its users after a big hack, but it needs the Sui community to vote to unlock…

SPX6900 surged 24% to hit $1.0179, with trading volume jumping 184.91% to $140.21 million. A bullish RSI crossover supported momentum, but a pullback to $0.9073 is likely if profit-taking begins. SPX6900 [SPX] bounced off the $0.83 support earlier this week and hasn’t looked back. The memecoin rallied 24% in 24 hours, tagging a three-month high of $1.0179. As of this writing, it traded at $0.996—up 17.29% on the daily chart. Over the same period, SPX saw its trading volume skyrocket, surging by 184.91% to hit a total of $140.21 million. Spot market data confirms strong buy-side momentum Source: Coinalyze The…

Circle, the firm behind USD Coin (USDC), is poised to impact Wall Street with its upcoming U.S. IPO, targeting a $6.7 billion valuation. The company’s growth has been fueled by over $1.1 billion in funding from leading investors. Early backers included Accel Partners, General Catalyst, and Breyer Capital, with Goldman Sachs later joining in a landmark vote of confidence. The company’s $440 million funding round in 2021, one of the year’s largest fintech raises, supported global expansion and product innovation.In January 2025, Circle completed a strategic $100 million acquisition of Hashnote, a leading tokenisation platform and issuer of the U.S.…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure SharpLink Gaming, a prominent player in the gaming and technology sector, recently unveiled a strategic plan to allocate $425 million into Ethereum (ETH) reserves. This significant financial maneuver positions the company among notable institutions adopting cryptocurrency assets as part of their treasury strategies. The decision mirrors past instances seen in the crypto market, where firms leverage substantial digital asset investments for both financial stability and market positioning. Strategic Investment Details and Key Stakeholders Announced in a detailed securities purchase agreement, SharpLink Gaming plans to conduct a private…

On May 27, the Sui community initiated a seven-day onchain vote to authorize a critical transaction that could enable the full recovery of user funds lost during a $223 million exploit involving Cetus. If passed, the vote will allow for the transfer of compromised tokens to a newly established multi-signature wallet controlled by multiple ecosystem stakeholders.As of this writing, the proposal is on track for approval.Out of 56 validators who have cast their votes, 54 voted in favor and only 2 voted against, translating to 55.2% in support, 0.3% opposed, and 44.4% yet to participate.Source: Sui ExplorerWith both majority and…