Author: Yeek.io

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 ongoing debate around TikTok’s legal status in the United States isn’t just about national security—it’s about control. With millions of creators relying on TikTok for visibility and income, the ongoing uncertainty surrounding the platform’s future highlights the significant impact centralized platforms can have on creators’ livelihoods. In these environments, key aspects of a creator’s presence—from monetization to content accessibility—are shaped by decisions that may not always align with their interests. TikTok’s situation highlights a broader issue.…

Synthetix was one of the first protocols to launch on an Ethereum rollup back in 2021—a lifetime ago in DeFi terms. While the promise of faster and cheaper execution was compelling, the reality fell short. Liquidity became fragmented, communities splintered, and infrastructure proved unreliable.Synthetix faced frequent downtime due to unstable rollup infrastructure. Arbitrum became little more than a bridge to alt-L1 competitors. And as serious builders struggled to ship, the market drifted into memecoins and short-term narratives. In the wake of the generalized rollup experiment, both Synthetix and the broader Ethereum community came to a hard realization: we can do…

FLOKI fell 14% in 24 hours and 32% this month, nearing a key historical support zone. A five-week marketing push aims to revive interest in FLOKI’s metaverse game amid the price slump. Floki [FLOKI] recorded one of the largest market losses in the past 24 hours, declining by 14%, and showing a monthly drawdown of 32%. At the same time, sellers retained firm control of the market. Price action neared a long-standing support zone, but signs of a bullish reversal remained weak. There is a lot happening with FLOKI, and AMBCrypto is providing detailed insights. FLOKI nears critical support: What’s…

The Ethereum Foundation has pledged $500,000 to support the legal defense of Tornado Cash co-founder Roman Storm, who faces federal charges in the United States. In addition to the direct donation, the foundation said it will match up to $750,000 in community contributions.Ethereum Foundation Steps in to Support Roman Storm as Tornado Cash Trial LoomsStorm is set to stand trial on July 14, 2025, in Manhattan federal court. He is charged with conspiracy to operate an unlicensed money transmitter, conspiracy to launder money, and conspiracy to violate U.S. sanctions.The Ethereum Foundation described its donation as a stand for privacy and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Earlier this week, Ethereum experienced a notable uptick after a period of bearish pressure that halted previous upward attempts. However, this renewed bullish momentum appears to be losing steam as ETH’s price saw a pullback on Thursday. Despite this pullback, ETH’s derivatives market continued to show strong momentum. A Dramatic Uptick In Ethereum Open Interest As Thursday drew closer to a close, Ethereum took a hit and fell below the $2,700 price mark, flipping the level into a resistance once again. While the altcoin’s price declined to…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Sharplink Gaming (SBET), which became the first public company to establish an Ethereum treasury, hasn’t had it easy since making this major move. The company’s shares have plummeted amid reports that investors plan to offload their stocks following the creation of the ETH Treasury.  Sharplink Gaming’s Stock Plummets Following Ethereum Treasury Move In an X post, Steven Lubka, the VP of investor relations at Nakamoto, drew the crypto community’s attention to the 72% drop in Sharplink Gaming’s stock after hours. Based on the SBET stock crash, he…

Quick take: Users can compare AI model answers from ChatGPT, Claude, Gemini, Grok, DeepSeek, and Llama. The fundraising also attracted participation from multiple angel investors including Google Chief Scientist Jeff Dean, Twitter co-founder Biz Stone and Pinterest co-founder Evan Sharp. Payments on the platform are provided by the likes of Stripe, PayPal, and Coinbase. Yupp, an AI startup leveraging crypto rails to reward users for comparing answers from different AI models, has emerged from stealth with a $33 million seed round led by A16z crypto, the investment arm of Andreessen Horowitz venture capital, which focuses on crypto projects. Yupp said…

SharpLink, a Nasdaq-listed firm now holds more ETH than any public company, staking 95% to generate passive yield for shareholders and boost Ethereum’s security. SharpLink Gaming announced on June 13 that it has acquired 176,270.69 Ether (ETH) tokens for $462,947,816, positioning itself as the second-largest ETH holder globally, just behind the Ethereum Foundation. The iGaming giant is also the largest publicly traded holder of ETH and has staked over 95% of its total holdings to generate yield while contributing to Ethereum’s network security. With this move, SharpLink is doubling down on ETH as the backbone of its treasury, making a…

The broader crypto market faced a sharp jolt earlier today as geopolitical tensions between Israel and Iran triggered a wave of sell-offs. Among the tokens hit was Hyperliquid’s HYPE, which saw a steep intraday decline. However, the token is now showing signs of recovery. Trading at $39.63 at press time, HYPE (HYPE) is gradually rebounding from the sharp drop it suffered earlier. The token had recently climbed above $43, setting a new all-time high after several days of strong upward momentum. However, it quickly tumbled to $37, marking a 14.2% pullback within hours. $HYPE’s price chart | Source: crypto.news HYPE’s…

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.DeFiChain News Show: dCrypto Depreciation Updates And More!Welcome to the DeFiChain News Show summary – your go-to source for all the latest happenings in the DeFiChain ecosystem.In this edition, we cover an urgent dCrypto deprecation deadline, trading competition results, Meta Chain progress, and active community discussions shaping the future of DeFiChain.Read more about it here.Execution of Approved DFIPs for dCrypto Deprecation and Collateral Phase-OutTwo community-approved DeFi Improvement Proposals (DFIPs) will now be…