Author: Yeek.io
For the first time, institutional and decentralized finance users can now swap between BlackRock’s tokenized U.S. Treasury fund, BUIDL, and Ethena’s USDtb stablecoin around the clock. The new capability, announced by Securitize on June 18, marks a step forward in connecting traditional finance with DeFi. It sets a new standard for how tokenized assets are accessed and composed on-chain. Thanks to a new liquidity fund smart contract, qualified users onboarded through Securitize can now perform atomic swaps between BUIDL and USDtb around the clock. As a result, holders of BUIDL, or BlackRock USD Institutional Digital Liquidity Fund, now have unlimited access…
Pudgy Penguins has launched Pengu Clash, a skill-based 1v1 multiplayer game on Telegram that brings its popular NFT characters into fast-paced minigame battles. Pudgy Penguins (PENGU) has launched its first Web3 game, Pengu Clash, a Telegram-based 1v1 multiplayer battler that brings its signature cartoonish seabird NFTs into the competitive mini-game space. In Pengu Clash, players dress up their penguin characters and face off in a variety of quick-play challenges, including curling, darts, and football. Built on The Open Network (TON) blockchain by crypto gaming infrastructure firm Elympics, the game is designed to emphasize real gameplay rather than crypto gimmicks, in…
Over $440,000 in stolen crypto funds has been secured by New York officials in an ongoing fraud investigation that targeted locals. Authorities from the Brooklyn District Attorney’s Office, the New York State Attorney General’s Office, and the New York State Department of Financial Services jointly disrupted a multi-layered cryptocurrency scam operation that had primarily targeted Russian-speaking residents in Brooklyn and across the United States. As part of the enforcement action, $140,000 in digital assets was seized, while an additional $300,000 was frozen in crypto accounts linked to the scheme. The scammers operated a malicious advertisement network across social media platforms…
Whale inflows and token burns surged while the NVT ratio hinted at overvaluation risk Network growth declined, but SHIB could still eye a breakout from its bullish wedge formation Shiba Inu [SHIB] has been witnessing a remarkable rebound in investor engagement lately, one fueled by a 6,306% hike in whale inflows after the Shibarium upgrade introduced multi-gas token support and smart contract enhancements. At the time of writing, SHIB was trading near $0.00001160, on the back of an uptick in speculative interest. In fact, large holders may be repositioning too, especially as Futures volumes spiked past $147.27 million, primarily from…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is navigating intense volatility as global tensions rise, particularly with the escalating conflict between Israel and Iran. Markets are on edge amid growing fears that the United States could become directly involved, further increasing uncertainty across risk assets. Despite these headwinds, Ethereum has managed to hold above the $2,500 level, showing resilience even as price action remains stuck within a range that began forming in early May. The $2,700 level stands out as a key resistance that bulls must reclaim to spark momentum toward the $3,000…
DOGE remained below the 200-day EMA, meaning the broader bearish trend still holds. Social sentiment turned bullish, with analysts predicting a possible rally to $0.60. Dogecoin [DOGE] has reached a familiar support zone, sparking renewed interest after a sharp market pullback. With prices down 20% from recent highs, the technical structure now reveals a textbook bullish divergence — hinting at a potential bounce. Calm before the storm? DOGE shows signs of… At press time, DOGE traded at $0.169, logging a modest 1.45% dip in the past 24 hours. Interestingly, Trading Volume dropped over 15% during this decline. This drop in…
Ethereum has amassed $425 million in capital from SharpLink Gaming’s treasury allocation. The largest altcoin has attracted large volumes of institutional capital inflows to ETFs in the past week. Whales and institutions have attempted to reinstate confidence among traders, however the process has proven painfully slow. We dive deeper and find out why traders are not buying Ethereum’s (ETH) new narrative and what it will take for ETH to break out of the consolidation and hit a new all-time high this cycle. Ethereum ETF flows and whale accumulation Ethereum Spot ETFs have attracted consistently large inflows from institutional investors in…
June 18, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRMainnet:Synthetix is going all-in on Ethereum!End of June: Early deposit vaults for sUSD and sUSDe.Early participants will earn Synthetix points and get access to invite-only trading competitions.Arbitrum:Fully deprecated.All trading disabled, vaults liquidated.Claim collateral and repay debt within 6 months.Start the process in Discord by opening a support ticket.Base:June 30: Perps in close-only mode; Leverage Tokens redeem-only.July 7: Full deprecation; Perps, Leverage Tokens, and LP vaults shut down.Close positions and withdraw funds manually before July 7 to avoid…
Solana is sitting on a critical support level following a period of muted volatility and sideways consolidation. With multiple technical confluences now in play, the market appears primed for a decisive breakout,or breakdown. The current structure suggests that price is coiling, and the next move could mark a major directional shift. Solana (SOL) has shown signs of hesitation, yet the support zone continues to hold firm. This combination often precedes a volatility expansion, and Solana is approaching that inflection point. Traders should be watching closely, as the resolution of this range will offer clarity on the next trend direction. Key…
Spark token continued its freefall on Wednesday, June 18, a day after launching its highly anticipated airdrop. Spark (SPK) plunged to a low of $0.0470, down 30% from its highest point a day earlier. The decline came as its 24-hour trading volume surged 80% to over $378 million, significantly higher than its market capitalization of $83 million. Its fully diluted valuation also rose. The token crashed even as Spark’s ecosystem continued to show strength. According to DeFi Llama, the total value locked in its network jumped to a record high of over $6.66 billion, up from $6.48 billion in April.…