Author: Yeek.io

Decentralized finance protocol Hyperliquid submitted formal responses to the U.S. Commodity Futures Trading Commission’s recent requests for comment on perpetual futures and 24/7 trading. In a May 22 Medium post, the Hyper Foundation said it submitted two letters to CFTC to help shape emerging U.S. regulatory frameworks. The team described how Hyperliquid’s (HYPE) onchain system already manages trading 24/7 while upholding strong risk controls, user security, and openness. According to Hyperliquid, its platform lowers risk by utilizing pre-funded collateral and automatic liquidations. The system is more open and resilient than traditional markets because trading occurs continuously and all trades, margin…

Quick take: The platform has supported some of the leading brands including MasterCard, Ubisoft, and Universal Music Group. The platform claims to have over 1 million users and helped 40,000+ creators generate $38 million in NFT sales. Alchemy is acquiring HeyMint to help scale frictionless onboarding through Smart Wallets development. Alchemy, the Web3 developer platform helping developers to build consumer-facing apps that accelerate the adoption of Web3 has announced the acquisition of the non-fungible launchpad HeyMint. The acquisition is part of the company’s strategy to strengthen the development of Alchemy Smart Wallets, its frictionless user onboarding solution for web3 apps.…

Abu Dhabi, UAE, May 23rd, 2025, Chainwire The Venom Foundation has successfully completed a closed‑network stress test of its next‑generation protocol, which is capable of completing 150,000 transactions per second (TPS) and finalizing all transfers in under three seconds. The implementation of this upgrade is set to occur in Q3 2025 and make Venom one of the most effective throughput public blockchains in existence. “Throughput only matters if it can remain reliable under pressure,” said Christopher Louis, Chief Executive Officer at Venom. “Our new stack can handle enterprise‑scale workloads without spiking fees or compromising decentralization, which is exactly what payment providers,…

DOGE is set to launch on Solana, a move that could draw fresh users and boost trading activity. Liquidity inflows may climb as DOGE expands cross-chain, increasing the odds of stronger price performance. Over the past month, Dogecoin [DOGE] has maintained a bullish threshold, gaining 34.21%. It mirrored this trend over the last 24 hours with a modest 3.24% increase. Now, an ecosystem shift may kickstart the next leg of its rally by expanding the memecoin to Solana. DOGE heads to Solana via Wormhole bridge In a recent announcement by Wormhole, DOGE, having over $36 billion in market cap, is…

AI has advanced rapidly, but much of it remains hidden behind closed ecosystems. Today, most models are built, trained, and deployed without transparency, traceability, or fair attribution. The datasets used in training are often unclear, the contributors go uncredited, and a handful of centralized players control the resulting models. This opaque structure stifles innovation and limits opportunities for collaboration, open verification, and decentralized monetization. As the need for explainable, transparent, and community-owned AI grows, the current infrastructure is clearly ill-equipped to support it. Enter OpenLedger: The AI Blockchain OpenLedger is purpose-built to change this. Unlike general-purpose blockchains, OpenLedger is designed…

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.DFIP Spotlight: Listing of New Wrapped Crypto Tokens on the Native Side of DeFiChainA new DFIP proposal is live, aiming to enhance seamless cross-chain interoperability through the listing of wrapped tokens like dMPC, dPOL, and dStable — all enabled by Crypto Factor’s Interchain infrastructure.Read the full breakdown and make your vote count. Community Update: Android Light Wallet AppDeFiChain Labs has been actively collaborating with core developers to regain critical access to the Android…

MOONPIG, a new Solana memecoin backed by the $1.1B Hyperliquid perps whale, has surpassed $120 million market cap and just landed its first listing on a centralized exchange. Moonpig (MOONPIG) is a memecoin is centered around a cute pig character in a spacesuit. It was launched earlier this month on the Solana (SOL) memecoin launchpad Pump.fun and has since attracted almost 10,000 holders, according to Solscan. Today, MOONPIG briefly surged past a $120 million market cap following its listing on Poloniex, though it has since retraced to below $100 million. Among those backing MOONPIG is Hyperliquid whale James Wynn, who…

CAMBRIDGE, UK — May 2025: Cambridge’s deep tech ecosystem is rewriting the playbook for European innovation, and the numbers confirm it. In 2024, startups and scale-ups in the city secured an impressive $2.3 billion in venture capital (VC) funding, nearly doubling the $1.2 billion raised in 2023. It marks Cambridge’s second-best funding year on record, according to new data from Founders at the University of Cambridge. The city’s capital efficiency is equally striking — generating $17.7 in startup value for every VC dollar invested, up from $16.9 in 2023, outpacing traditional heavyweights like the Bay Area and Zurich. While major…

Only a few months after it launched its early access, the team behind the blockchain-based game Ember Sword announced that the project is shutting down to due to lack of funding. On the game’s official website, the developer team behind the Ethereum (ETH)-based massively multiplayer online role-playing game or MMORPG posted a statement to players and supporters of the game that it is shutting down the project after it was “unable to secure the funding” needed to develop the game further. “We explored every possible way forward. But in today’s market — where even some of the most promising projects…

Swedish tech firm H100 Group rallied almost 40% on news of its $490,000 Bitcoin purchase aimed at diversifying company reserves. As more tech firms turn to Bitcoin as a treasury asset, Sweden’s health tech company H100 Group AB has followed suit, with a $490,000 buy that sent its shares soaring almost 40%. In a press release, the Stockholm-headquartered company said it had acquired 4.39 Bitcoin (BTC) at a price of 1,138,737 NOK each. The company said the allocation is part of a “long-term Bitcoin Treasury Strategy,” adding that the decision “doesn’t affect H100’s core operations, which remain focused on delivering…