Author: Yeek.io

When evaluating any crypto project, its token is the ultimate measure of its success. After all, a project’s value is tied directly to the demand and utility of its token. If the token fails, so does the project.  This is especially true for storage tokens, which claim to revolutionize data storage by offering decentralized, censorship-resistant, and cost-effective alternatives to traditional cloud services.  But do these tokens truly deliver on their promise, or are they just another overhyped speculative asset? Let’s break down the reality behind storage tokens and whether they are worth the attention they receive. What Are Storage Tokens…

Whale accumulation and rising mid-size transactions hinted at growing confidence in PEPE’s price potential Short liquidations and bullish trend strength suggested price could extend beyond $0.000015 A massive transfer of 2 trillion PEPE tokens, worth over $27.8 million, was recently executed from Bybit to an unknown wallet.  As expected, such a significant move has raised speculation about potential accumulation by a large holder, rather than preparation for a sell-off.  Interestingly, the transaction seemed to be in line with rising market participation and bullish sentiments across the broader PEPE ecosystem. Whale actions often foreshadow key trend shifts. With this move occurring…

As top cryptocurrencies look to break above key levels amid fresh market optimism, ether.fi, the liquid staking protocol on Ethereum, saw its native token soar more than 21% to hit two-week highs. The price of ether.fi (ETHFI) outpaced most top altcoins, including Ethereum (ETH) that surged over 5% amid adoption news as SharpLink Gaming announced plans to buy $425 million of Ethereum.  ETHFI also outpaced Bitcoin (BTC), with the decentralized staking protocol’s 21% spike to above $1.51 outshining Bitcoin’s modest 0.7% gain as BTC hovered near $110,000. Notably, the $2.5 billion fundraising announcement from Trump Media to acquire Bitcoin had…

Ethereum’s Layer 2 (L2) solutions play a critical role in scaling the network. By offloading transactions while inheriting Ethereum’s security, L2s reduce costs and boost throughput. Arbitrum, Optimism, and zkSync are leading this charge. But as L2s grow, they’re no longer forming in isolation. A clustering trend is emerging, where new L2s align around dominant ecosystems and shared tech stacks. As Blockscout’s Ulyana Skladchikova and Kirill Fedoseev observed, these clusters often standardize infrastructure and tooling, improving internal interoperability—but potentially at the cost of broader connectivity. Even Ethereum co-founder Vitalik Buterin has flagged this risk, warning that clustering could undermine Ethereum’s…

The Blockchain Group, a Paris-listed decentralized technology development company, has completed a €63.3 million convertible bond issuance to add more Bitcoin to its treasury. In a May 26 announcement, the firm confirmed that the issuance was carried out through its wholly-owned Luxembourg subsidiary, The Blockchain Group Luxembourg SA.  The operation will enable the company to acquire approximately 590 BTC based on current prices, raising its total potential holdings to around 1,437 BTC. According to data from Bitcointreasuries, the firm currently holds 847 BTC. According to the Blockchain Group, 95% of the proceeds will be allocated for Bitcoin purchases, while the…

Dogecoin’s price could be on the verge of a strong breakout as a bullish flag forms, whale accumulation accelerates, and the funding rate remains positive. Dogecoin (DOGE), the biggest meme coin in crypto, was trading at $0.2280 on Tuesday, up by 75% from its lowest level in April.  Technical analysis points to Dogecoin price surge The daily chart suggests DOGE may be approaching a bullish breakout. It is forming a bullish flag pattern, characterized by a vertical rally followed by a consolidating rectangle. This setup is typically associated with continuation to the upside. Dogecoin is also about to form a…

Ethereum is consolidating under a critical resistance level with its bullish structure intact. If volume supports the breakout, ETH could rally toward $4,000 in the next impulsive move. Ethereum’s (ETH) current price action is forming a bullish continuation pattern just below the $2,700 resistance level. The market has shown strength following a recent swing low, and price is compressing into a high-conviction breakout setup. The structure suggests growing momentum, but confirmation will depend on how price reacts at this major level. Key technical points $2,700 Resistance Level: ETH is consolidating just beneath this horizontal resistance, which has held for weeks.…

Cetus, a trading platform on the Sui blockchain, has suffered a loss of $223 million in a major hack that occurred on 22nd May. In a recent report, the firm has revealed that the hack occurred because of a hidden mistake in a piece of open-source code that the firm used for its smart contract. This inaccuracy of the firm has made its security system weak, and hackers were able to steal the money. The firm admitted its mistake. It stated that the flaw in the code allowed hackers to steal funds. The incident has raised concerns, highlighting how risky it…

SharpLink Gaming is raising $425 million in a private placement to adopt Ethereum as its primary treasury asset, with Ethereum co-founder Joseph Lubin joining as Chairman. The PIPE (private investment in public equity) round includes 69.1 million shares priced at $6.15 each ($6.72 for management), with Consensys Software Inc., founded by Ethereum co-founder Joseph Lubin, as the lead investor.  Other participants include leading crypto venture firms like ParaFi Capital, Pantera, Electric Capital, Galaxy Digital, and Arrington Capital, according to a company release.  Upon closing, SharpLink plans to adopt Ethereum (ETH) as its primary treasury reserve asset, a strategy reminiscent of…

Despite their convenience, centralized crypto exchanges have repeatedly proven to be high-risk platforms. From massive hacks and internal fraud to abrupt government crackdowns, the dangers of holding your crypto on exchanges are real—and often devastating. Still, many investors leave their digital assets in the hands of third-party platforms, trusting that these businesses will manage their funds securely. But here’s the uncomfortable truth: holding your crypto in an exchange isn’t the same as owning it. It’s more like giving someone else your wallet and hoping they won’t lose it, abuse it, or have it seized. This article explores the hidden dangers…