Author: Yeek.io

Quick take: Fund of funds, Cendana, was the biggest investor in the raise, with $15 million, according to a report by Fortune. This is cofounders Salvador Gala and Mahesh Ramakrishnan’s second fund, and at $61.74 million, it is more than triple the size of their first fund. The growth-oriented venture firm plans to use the capital to accelerate decentralized physical infrastructure network (DePIN) projects focused on telescopes, solar energy, and more. Escape Velocity, a growth-oriented crypto venture firm, has raised $61.74 million for its second fund. The fund closed in December and attracted some of the marquee crypto investors, including…

Quick take: The Exchange API Vault employs the same enterprise-grade security best practices for securing private keys, but adjusts them to facilitate seamless, low-latency trading and automated liquidity operations. The API Key management tool also comes with integrated runtime remediation as a kill switch to shut out hackers in the event keys are compromised, and is fully auditable in real time. Some of the crypto platforms already using the Exchange API Vault include leading market making platform, Flow Traders, eToro, Exodus, Flowdeesk, and Raise, among others. Sodot, a crypto key management company specializing in self-hosted MPC and TEE products, has…

While most memecoins declined, Pippin [PIPPIN] surged 69% in 24 hours on the 28th of January. Trading volume spiked over 600%, while Open Interest jumped sharply as speculative demand surged. The rally pushed PIPPIN into a critical decision zone. Momentum traders stayed aggressive, but profit-taking risk rose near resistance. 2 liquidity clusters on Pippin Tracking PIPPIN’s Liquidation Heatmap on CoinGlass revealed two critical clusters at $0.55 and $0.47. A drop toward $0.47 would likely have triggered long liquidations, accelerating downside pressure. By contrast, holding above $0.55 could have forced short liquidations, fueling an upside squeeze. That setup left price action…

Quick take: Plug and Pay runs on Oobit’s fully regulated payments stack, covering card issuing, settlement, KYC, AML, and risk workflows. The new solution allows wallet teams to focus on product and users instead of infrastructure and regulation, cutting the time to market from months to just days. Wallets can choose between white-labeled UI components or fully branded in wallet card experiences. Oobit, the crypto payments-enabled mobile app, has introduced Plug and Pay, a turnkey embedded crypto payments solution that unlocks a new utility layer for wallet providers by enabling in-store and online crypto payments with the same simplicity and…

Dogecoin broke out of a downtrend after a 24% correction earlier this month. After peaking at $0.155 on the 6th of January, the price failed to hold those levels and retraced. Even so, the pullback did not erase January’s gains, following a 35.59% surge. The MACD remained in negative territory but showed early recovery signs as the MACD line approached the signal line. Source: TradingView That setup left traders focused on key reclaim levels. A daily close above $0.128 could have shifted short-term control back to the bulls. Holding above $0.12 remained critical to preserving upside structure. Dogecoin ETF inflows…

After surging to an all‑time high, Nietzschean Penguin [PENGUIN] was rejected at $0.16 and fell to $0.06. Buyers then stepped in, defending the $0.10 support and driving a recovery. At the time of writing, PENGUIN traded at $0.12, up 39.64% on the day. Its market cap rose 35% to $119 million, signaling steady capital inflows. PENGUIN buyers defend key levels After a few days of market weakness, the PENGUIN narrative returned, once more a trendy topic. Binance.US ignited the topic, as the exchange shared a penguin short clip, captioned,  ‘We found out where the penguin was headed!” While Binance has yet…

It appears the memecoin risk appetite is back.  According to blockchain analytics firm Artemis, the number of returning users on the memecoin creator platform Pump.fun has hit a record high of nearly 20K.  These were traders (wallets) that hadn’t been active for about six months until recently, suggesting the memecoin trenches were waking up again.  Source: Artemis Memecoin has been the key driver of overall Solana DEX volumes and, by extension, the native token SOL. As a result, the renewed speculative interest in memecoins may be a tailwind for both PUMP and SOL.   As such, AMBCrypto further explored how the…

Pump.fun [PUMP] has rallied 34.6% after Sunday’s price dip. By comparison, Bitcoin [BTC] was up only 1.94%. Bitcoin and the rest of the crypto market have been in a slump over the past two weeks, while PUMP bulls managed to defend a key local support. Source: PUMP/USDT on TradingView On the 1-day chart, PUMP saw a bullish structure break in mid-January. Aided by whale accumulation, it has shown relative strength over the past three weeks, consolidating above the $0.00225 price level while the rest of the crypto market posted losses. Since mid-December, PUMP has made higher lows. This meant it…

Quick take: The company plans to use the fresh funding to continue building and scaling its products as it expands its global network. The funding brings the total raised to more than $200 million, according to a blog post seen by NFTgators. Mesh says its global payments network now supports customers and partners across Latin America, Asia, and Europe. Mesh, a crypto payments infrastructure provider, has raised $75 million in a Series C funding round led by Dragonfly, with participation from Moderne Ventures, Paradigm, Coinbase Ventures, SBI Investments, and Liberty City Ventures. The company offers a unified global network across…

Quick take: The announcement makes Oobit the first payments network to make USA₮ spendable in more than 100 million merchants where Visa is accepted. The announcement also comes on the heels of Oobit’s launch in the US, announced earlier this month. Issued by Tether America, USA₮ launched in November as the first stablecoin token designed to comply with the federal regulations of the U.S. GENIUS Act. Oobit, the crypto payments network enhancing crypto utility by enabling daily usability, has announced support for Tether’s newly launched USD-backed stablecoin USA₮. The announcement makes Oobit the first payments network to make USA₮ spendable…