Author: Yeek.io
Japan will reportedly urge G7 nations to take coordinated action against North Korea’s cryptocurrency thefts at the upcoming summit in Canada. According to local media, Prime Minister Shigeru Ishiba is expected to raise the issue during the G7 meetings scheduled from June 15 to 17, citing the growing threat of cyber-enabled financial crime linked to North Korea. The proposal will mark the first time the G7 formally considers a collective response to crypto theft tied to state-sponsored actors. The Group of Seven comprises Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, as well as the European…
Ukrainian lawmakers are taking the next step toward bringing crypto into the nation’s financial reserves with a newly proposed bill. A group of lawmakers submitted a draft bill on June 10, 2025, proposing amendments to the Law on the National Bank of Ukraine that would allow virtual assets to be included in the country’s gold and foreign currency reserves. The initiative was led by MP Yaroslav Zhelezniak and co-sponsored by seven other members. The move follows Zhelezniak’s remarks in May, when he first mentioned plans to create a national crypto reserve as part of a broader effort to modernize Ukraine’s…
Ethereum is holding firm above the $2,700 mark, supported by a wave of fresh capital flowing into U.S. spot exchange-traded funds and growing optimism in the derivatives market. Ethereum (ETH) is trading at about $2,756 at press time, down 1.2% in the past day but still up 13% for the month. The asset has fluctuated between a weekly range of $2,419 and $2,869, indicating a struggle between bulls and bears in the face of changing market conditions. A major driver behind Ethereum’s resilience is the strength of spot ETF inflows. According to SoSoValue data, U.S. Ethereum ETFs saw net inflows…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure With a remarkable performance this year, Ethereum, the second-largest digital asset, appears to be leading the charge, surpassing the king of cryptocurrency, Bitcoin, in recent market trends. ETH’s upward trend may just be the beginning as the altcoin breaks past key resistance levels that hampered previous upside attempts. Will Ethereum Take Over The Market? Despite its recent pullback, Ethereum held its ground and has now rebounded strongly, targeting the next key resistance at the $2,800 mark. Delving into its price action, Crypto Eagles, a technical expert and…
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…