Author: Yeek.io

Cryptocurrencies have changed how we think about money, allowing people to send and store value without banks. But this innovation has a major downside: its environmental impact.  Bitcoin and other conventional cryptocurrencies require vast amounts of electricity to process transactions, with Bitcoin mining alone consuming over 140 terawatt-hours (TWh) per year. This energy usage is comparable to that of countries such as Argentina or the Netherlands. Most of this energy comes from fossil fuels, making crypto a growing contributor to carbon emissions. Bitcoin mining alone is responsible for emitting around 65 million metric tons of CO₂ annually, the equivalent of…

We’re thrilled to announce that internship applications are now open for the first-ever Ethereum Season of Internships! The Ethereum Season of Internships is a collection of paid, fully-remote summer internships offered across the Ethereum ecosystem. It is designed to help establish more paths for the next generation of contributors to connect with Ethereum projects and apply their skills – whether in development, research, design, marketing, operations, or more. Our long-term goal is to make Ethereum an even more welcoming place for new talents. Over the past few weeks, 18 teams from across the ecosystem have created over 30 internship opportunities.…

French authorities have arrested more suspects believed to be linked to a string of violent abductions targeting cryptocurrency executives and their families. According to a June 11 Barron’s report, the latest arrests were made on Tuesday as part of the ongoing investigation into a kidnapping-for-ransom operation. Officials have not disclosed the exact number of suspects apprehended, but sources familiar with the case confirmed that they are being held under France’s anti-organized crime provisions, which allow up to 96 hours of detention without charge. The arrests are tied to the May 1 abduction of the father of a wealthy crypto entrepreneur,…

The higher timeframe price action of WIF was bullish. Seller dominance over the past three weeks cast doubts on the memecoin’s bullish conviction. dogwifhat [WIF] appeared to present a buying opportunity. Despite the selling pressure and lack of momentum in the past three weeks, the weekly chart inspired confidence. Investors should remain patient, and a breakout past $1 and $1.2 could still materialize. Source: WIF/USDT on TradingView The 1-week chart showed a bullish structure break in the first week of May, when the $0.76 level was breached. The breakout left a fair value gap (cyan) between the $0.7 and $0.8…

Outgoing Financial Stability Board Chair Klaas Knot has warned that crypto may pose a threat to global financial stability, citing growing connections between crypto and traditional finance. The FSB has long maintained that “crypto does not yet pose a systemic risk, but recent developments suggest we may be approaching a tipping point,” Knot said while speaking in Madrid on Thursday. He pointed to the role of stablecoins in linking the two financial systems. “Stablecoin issuers, for example, now hold substantial amounts of U.S. Treasuries. This is a segment we must monitor closely.” Retail traders access to crypto Knot also flagged…

Dogwifhat has started to show signs of exhaustion after a strong rally, now trading below critical resistance and volume levels. Price action is beginning to suggest a deeper corrective move may be underway before any significant bullish reversal can materialize. After failing to break above a high-timeframe resistance zone, Dogwifhat (WIF) has begun to correct, signaling a potential rotation toward deeper support levels. The asset was rejected from the value area high, triggering a swing failure pattern. Price has since slipped below the point of control and the 0.618 Fibonacci retracement, both of which align with the weekly support/resistance flip…

Ant International is accelerating its global pivot with plans to apply for stablecoin licenses in Hong Kong, Singapore, and Luxembourg. Ant International — the global arm of Jack Ma-backed Ant Group Co., an affiliate of Alibaba Group and operator of the world’s largest digital payment platform Alipay — is preparing to apply for stablecoin licenses in Hong Kong, Singapore, and Luxembourg. The move is part of the fintech giant’s strategy to expand its blockchain-powered cross-border payments network, unidentified sources familiar with the matter told Bloomberg. A company spokesperson confirmed that Ant will seek a fiat-referenced stablecoin issuer license in Hong…

Alchemy Pay has partnered with Backed to launch tokenized stocks and ETFs on its RWA platform, allowing non-U.S. users in 170+ countries invest in top global equities and ETFs in their local fiat currencies. Alchemy Pay, the leading fiat-crypto payment gateway, just announced that it has partnered with equity tokenization firm Backed. Through this partnership, Alchemy Pay will integrate Backed’s xStocks into its RWA platform, enabling non-U.S. users to buy tokenized versions of major equities as well as exchange-traded funds using their local fiat currencies. Backed issues xStocks as permissionless tokens pegged 1:1 to the value of real-world assets they…

Table of Contents How the Chainlink Runtime Environment Enables Cross-Chain DvP Settlement of Tokenized Assets With Kinexys by J.P. Morgan and Ondo Finance Why Blockchain Improves DvP Settlement Case Study: Chainlink, Kinexys by J.P. Morgan, and Ondo Finance Configurable DvP Settlement With CRE How CRE Enhances Developer Flexibility Bringing Capital Markets Onchain With CRE

What started as a simple daily habit has officially grown into a million-dollar Bitcoin portfolio, after several years of quiet, consistent accumulation. According to data recently shared on social media platform X (formerly Twitter), an anonymous investor who purchased $30 worth of Bitcoin (BTC) every single day for the past 7 years, 10 months, and 12 days has recently joined the BTC millionaires’ club. pic.twitter.com/MfKQGuceYx This user been buying bitcoin $30 a day DCA and after 7 years, 10 months and 12 days, made it to $1M portfolio.Total spent $86,370 which now worth $1M— lynk (@lynk0x) June 11, 2025 The…