Author: Yeek.io

Quick take: The acquisition highlights Stripe’s growing expansion into digital assets after introducing stablecoin support with the Bridge acquisition. Privy will continue to operate as an independent product within the Stripe ecosystem. The wallet infrastructure provider believes the acquisition gives it more resources, flexibility, and firepower to continue building for developers building on crypto rails. Stripe has acquired wallet infrastructure provider Privy in an undisclosed deal announced on Wednesday. The acquisition expands the global payments company’s digital payments ecosystem following its acquisition of Bridge last year. Stripe announced in February that the acquisition of the stablecoin infrastructure startup is now…

June 11, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRStaking Rewards Update170M SNX staked in the 420 pool: two-thirds of the total supply!Yields currently: 78.24% APY for SNX and 48% APY for sUSD (earned in SNX).Over $7M in sUSD staked, and staking support coming soon for Infinex users.Debt Jubilee Reminder: To continue receiving benefits, participants must stake 20% of original debt in sUSD in the 420 pool.sUSD Peg ImprovementsUSD peg has risen to $0.98, with ongoing efforts to stabilize it.$50K in Curve rewards available for LPs…

Quick take: The fundraising also attracted participation from Mirana Ventures and L2IV. As part of the investment, Blockchain Capital GP Spencer Bogart joined OneBalance’s board of directors. The Series A round brings the total raised to $25 million. OneBalance has raised $20 million in a Series A funding round led by CyberFund and Blockchain Capital, with participation from Mirana Ventures and L2IV. The fundraising brings the total raised by the cross-chain infrastructure developer to $25 million, following a $5 million seed round announced in June 2024. As part of the investment, Blockchain Capital general partner Spencer Bogart joined OneBalance’s board…

AAVE token continued its strong rally, reaching its highest point since Feb. 1 and rising 180% from its lowest level on April 7. AAVE (AAVE) soared to $312 as network growth accelerated. Data shows that the total value locked on the network jumped to a high of $27.5 billion, up from the April low of $16 billion. The total borrowed amount rose to $17.5 billion, up from $10 billion on April 13, a sign that the protocol is gaining traction. AAVE’s fees have also jumped in the past few months. It generated $40 million in May, up from $33 million…

Pepe has seen a sharp 30% rally after establishing a significant market low at the recent swing point. While momentum remains bullish, the memecoin is now approaching a major confluence of resistance that could prompt a temporary correction before further upside continuation. Pepe’s (PEPE) recent rally has been impressive, posting a clean 30% gain off a well-defined swing low. However, price is now testing a critical resistance cluster, which includes the point of control (POC), a high-timeframe horizontal resistance, and the 0.618 Fibonacci retracement level from the previous decline. This area is technically significant and often associated with distribution or…

Bringing traditional financial assets on-chain may be the biggest opportunity for decentralized finance (DeFi), according to Aave founder Stani Kulechov. Speaking during a fireside discussion titled “Stablecoins, RWAs, and the Upcoming Launch of AAVE V4” at the Proof of Talk conference in Paris on June 11, Kulechov mentioned the biggest opportunity for DeFi growth will be real-world assets (RWAs) and bringing traditional financial assets on-chain. “Users will then be able to use Aave agnostically for these assets,” Kulechov stated. Stani Kulechov speaking at Proof of Talk in Paris. Source: CryptonewsKulechov added that the DeFi lending protocol Aave ($AAVE) is approaching…

Quick: OpenTrade focused on providing yield-bearing stablecoins to users in countries with high inflation. The UK-based crypto company offers yields of up to 9% on EUR and USD. The latest fundraising brings the total raised to $11 million. OpenTrade has raised $7 million in a strategic funding round led by Notion Capital and Mercury Fund, with participation from A16z Crypto, AlbionVC and CMCC Global. The fundraising brings the total raised to $11 million within six months, following a $4 million extension round announced in November last year, the UK-based startup said in an announcement on Wednesday. The company plans to…

Welcome to the DeFiChain News Show summary – your go-to source for all the latest happenings in the DeFiChain ecosystem.Each week, we bring you the most important updates, developments, and critical announcements that every DeFiChain community member needs to know.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.dCrypto Deprecation – Less Than 1 Month LeftCritical Deadline: July 4, 2025DeFiChain users have less than one month to exchange their dCrypto tokens before they become permanently unusable.Affected Tokens:Bitcoin (dBTC), Ethereum (dETH), USDT (dUSDT), USDC (dUSDC), Litecoin…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum whales have started returning to the arena as the price has picked up once again. This return marks a turn for the digital asset, which has suffered from major sell-offs over the last few weeks. So far, they have more than doubled their activities in a single day period, showing a renewed interest in the market. The implications of this would be that Ethereum whales are driving the recovery and could trigger the start of the altcoin season. Ethereum Whale Transactions Double In 24 Hours According…

VivoPower, a company listed on NASDAQ (VVPR), has announced a partnership with Flare to use $100 million worth of XRP to generate yield on its treasury holdings. This is a part of the firm’s new plan to focus on XRP for their financial strategy.Using Flare’s FAssets system, VivoPower can now use XRP in decentralized finance (DeFi) to earn profits through a tool called Firelight and then put those profits back into buying more XRP. This is the first time a big company has used XRP this way in DeFi, making it a significant step. The firm will also hold Ripple’s RLUSD…