Author: Yeek.io

Central African Republic President Faustin-Archange Touadéra announced that in June, over 1,700 hectares of land in the region will be tokenized through the Solana-based meme coin CAR. The meme coin has long sparked suspicion among traders. On May 30, Touadéra posted on his X account that he has signed a presidential decree that would tokenize over 1,700 hectares of land and make it available on the Solana (SOL) chain by June 2025. The land concession would be available online for traders across the globe by purchasing the meme coin CAR, which Touadéra dubs the “national meme coin” of the state.…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Let’s talk about centralized exchanges, or as I like to call them: Wall Street cosplaying their way into web3. These aren’t crypto-native platforms—they’re TradFi institutions in hoodies, playing dress-up while running the same old playbook.  For years, CEXs have perfected the art of fee collection—raking in billions in trading revenue while giving nothing back to the users who fuel their business. No tokens. No dividends. Not even a thank-you meme.  Binance, by far the top exchange by…

Panama City should allow ships to pay in Bitcoin for faster passage through the Panama Canal, according to Mayor Mayer Mizrachi. During a panel at Bitcoin 2025 in Las Vegas, Mizrachi suggested that Bitcoin payments could be rewarded with priority canal transit for cargo ships. “We have a canal — what if you get a perk for paying in Bitcoin, get your ship to go quicker if you pay in Bitcoin,” Mizrachi said. The Panama Canal is a key artery of global trade, linking the Caribbean and Pacific Oceans. It handled nearly 10,000 ship transits between October 2023 and September…

AAVE price slid more than 15% in four days but buyers quickly scooped the dip, setting up a potential 20% leg up as Pendle’s booming tokenized yield markets drive renewed interest in the Aave protocol. Aave (AAVE) price dipped over 15% in just four days, from $283 peak on May 27 to $240 intraday low today. However, buyers rushed to scoop the dip, driving AAVE price above $254 intraday peak though it has since retraced slightly to $251. The rebound comes amid a period of heightened activity on the Aave protocol, particularly related to the growth of tokenized yield markets…

U.S. spot Bitcoin ETFs hit a rough patch on May 29, snapping their impressive 10-day inflow streak as investors took a step back amid fresh uncertainty around Donald Trump’s trade policy following conflicting court decisions. According to data from SoSoValue, a total of $358.65 million flowed out of the 12 U.S.-listed spot Bitcoin ETFs on the day, marking the first net outflow since mid-May. This reversal comes after a strong run that saw more than $4.2 billion enter these funds in just 10 days. Leading the outflows was Fidelity’s FBTC, which saw $166.32 million in investor redemptions. It was followed…

sUSD will repeg and return to $1.00 – This has always been what we’ve communicated and our actions have always been driving in this direction. From Monday, June 2nd, 23:59 UTC, SNX stakers with debt will be required to increase the amount of sUSD they’ve deposited to 20% in order for their jubilee to continue. Otherwise, it will be paused until they meet the requirement.Stakers: please head to 420.synthetix.io as soon as possible to ensure your jubilee continues.Why did sUSD depeg?Earlier this year, we introduced SIP-420, a delegated staking design for SNX that better meets the needs of today’s Synthetix. As…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While Ethereum has picked up pace today, its price continues to display robust resilience by holding strong above the $2,700 level. ETH’s performance has been remarkable in recent weeks, surpassing crypto assets like Bitcoin. A crypto analyst foresees a potential extension of the current upward trend, leading to a new all-time high in the ongoing bull market cycle. A $10,000 Ethereum Finally Becoming A Reality? Despite its inability to reach a new all-time high this bull season, like other major assets, Ethereum remains one of the best-performing…

Quick take: The company said in an X post its mission is for crypto executions to be completed by agents. Its agentic algorithms combine wallets, DEXs and networks in one unified agentic interface. Donut plans to use the capital to build an agentic crypto browser on Solana. Donut, an agentic crypto project building on Solana, has raised $7 million in a pre-seed funding round co-led by Hongshan (formerly Sequoia China), Bitkraft Ventures, Hack VC and several angel investors. The company plans to use the capital to accelerate the development of its agentic crypto browser that enables crypto executions to be…

Shiba Inu price has remained in a tight range in recent days as whales sold their coins and the closely watched burn rate plunged. Shiba Inu (SHIB) was trading at $0.00001410, down 20% from its highest point this month, placing it in a local bear market. This decline coincided with weak demand in both the spot and futures markets. The 24-hour trading volume for SHIB stood at $200 million, significantly lower than other top meme coins like Dogecoin (DOGE), Pepe (PEPE), and Bonk (BONK). Additional data shows that open interest in the futures market was $238 million, down from this…

The SPX6900 token has been in a strong uptrend since March, making it one of the top gainers in crypto.  SPX6900 (SPX) price jumped to a high of $1.222 on May 29, the highest point since January. It has soared by almost 350% from its March low, bringing its valuation to over $1 billion. It is now the eighth-largest meme coin in the crypto industry. SPX6900 has surged due to fear of missing out among investors, driving its total number of holders to 40,000 from 29,000 on January 1. This FOMO is also reflected in the rising number of social…