Author: Yeek.io

Open interest in Ethereum has reached an all-time high on Kraken, suggesting coming volatility in either direction. Ethereum (ETH) could soon experience heightened price swings, according to new data from Kraken. Alexia Theodorou, Head of Derivatives at Kraken, said in a June 10 obtained by crypto.news that open interest on Ethereum contracts hit an all-time high, a sign that speculative activity is ramping up. “Open interest in ETH perpetuals on Kraken reached an all-time high of 30,000 ETH earlier this week, signaling a notable uptick in speculative activity around the second-largest cryptocurrency by market cap,” Alexia Theodorou, Kraken. The likely…

First of all, as we transition to building companies with agents rather than humans, we need to rethink things from the ground up. This starts with what I call AJDs — Agent Job Descriptions. A standard job description has the following things:However, an Agent Job Description needs to be a little different as we can build this labour, buy it or a combination of these two. While an AJD may be performative in nature, it can help clarify your own thinking about what your needs are for this agent.So what does an Agent Job Description look like? The following:What is…

Solana-based memecoin launchpad and trading platform Pump.fun’s total SOL deposits to Kraken amount to over $660 million: Is this a massive profit cash out or liquidity play? According to on-chain data, Solana-based memecoin generator Pump.fun quietly moved 132,180 Solana (SOL), worth approximately $20.87 million, to Kraken on June 10, sparking speculation about its established pattern of revenue withdrawals to the centralized crypto exchange. The latest transfer brings Pump.fun’s total SOL deposits to Kraken this year to 2,476,697 SOL, valued at $404.64 million. So far, the memecoin launchpad has deposited 3.62 million SOL (about $660.5 million) to Kraken at $182, and…

Scalability with Ethereum has always been a hurdle that DeFi transactions have had to battle with, because Ethereum’s Layer 1 can only process around 15-30 transactions per second(TPS). This leads to network congestion, slower transaction times, and high gas fees, and to overcome this hurdle, developers have turned to Layer 2 solutions, which are technologies built on Ethereum that seek to enhance blockchain efficiency and performance without compromising security or decentralization. Being the backbone of decentralized applications(dApps), smart contracts and DeFi transactions, Ethereum has had to come up with solutions to resolve these limitations. Some of the most promising Layer…

Stablecoins are emerging as a key building block for financial innovation, and Polygon is at the forefront. In this interview, we spoke with Aishwary Gupta, Global Head of Payments, Exchanges & Real World Assets at Polygon. We discussed the surging adoption of stablecoins on the network, which saw a 23.3% increase in supply and a 30% rise in active wallets in Q1 2025. Driven by integrations with giants like PayPal and Stripe and bolstered by growing regulatory clarity, this momentum signals a major shift from speculative use cases toward real-world utility. Gupta also explains how Polygon is pushing to make…

Table of Contents Proof of Reserves for Policymakers: What It Is and Why It Matters Why Does the Financial Industry Need Proof of Reserves? What is Proof of Reserves? Setting a Standard for Proof of Reserves in the Blockchain Economy  Real-World Example: One of the Largest Financial Conglomerates in Latin America Uses Chainlink Proof of Reserve Conclusion

Global investment giant Franklin Templeton has announced Intraday Yield, the newest feature on its proprietary Benji Technology Platform. This feature, the company says, “dramatically” boosts market opportunities for both clients and partners.Intraday Yield (a patent-pending tech) provides investors with benefits from yield proportional calculation and distribution with one-second resolution when a tokenized security is transferred between users.This is the case even when traded intraday, the company claims. And that’s a key point. Investors can maximize their earning potential by partaking in their investments at any time of any day.Per the team, “This means an investor can own a tokenized security…

Quick take: The fundraising also attracted participation from StepStone Group, Boldstart Ventures, Quantstamp and IBI Tech Fund. Hyperactive claims its security services protect over 200 Web3 projects and over $100 billion in value. The company leverages AI-powered detectors, transaction simulations, and deep on/off-chain analysis “to catch threats in flight.” Hypernative, the Web3 security firm using AI-powered detectors, transaction simulators and deep on-chain/off-chain analysis to mitigate threats, has raised $40 million in a Series B round co-led by Ten Eleven and Ballistic Ventures.  The fundraising also attracted participation from StepStone Group, Boldstart Ventures, Quantstamp and IBI Tech Fund. According to the…

It’s happening: Devconnect is coming to Buenos Aires, 17–22 November 2025. And we are bringing the first-ever Ethereum World’s Fair to the city. The Ethereum World’s Fair is for the Ethereum community and anyone curious about what Ethereum can do in the real world. We’re starting in Argentina, one of the most active crypto hubs, to show how Ethereum can bring a nation onchain with stablecoins, DeFi, decentralized identity, prediction markets, games, and more. Devconnect ARG will be different Main venue: We’re anchoring everything around La Rural, so the energy (and everyone) keeps flowing through the main hub. Ethereum World’s…

Web3 gaming promised a revolution: giving players control over assets and opportunities to earn real-world value through gameplay. But after years of experimentation, user traction remains limited, and most projects fade after launch. Despite innovation and technical advances, Web3 gaming continues to struggle with meaningful scale—and the reason runs deeper than just technical hurdles. It’s a mindset issue. Many developers and players still approach the space as a fast-moving market opportunity, not as the foundation of a long-term, sustainable ecosystem. The result: games designed around speculative hype, token pumps, and short-term profits rather than enduring fun, value, or community. The…