Author: Yeek.io

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…

Trump hosts crypto dinner, reinforcing U.S. leadership in Bitcoin and digital assets. Maxine Waters proposes a bill banning crypto activities for top U.S. officials amid controversy. Donald Trump’s much-talked-about crypto dinner has finally taken place, drawing hundreds of high-profile guests from both political and financial circles. Held in Loudoun County, Virginia, 220 influential investors attended the gala.  Trump’s crypto claims — Fake or real? Ahead of the event, Trump took to Truth Social to reaffirm his pro-crypto stance, declaring that the United States is leading in Bitcoin [BTC] and digital assets, and that under his watch, it would stay that…

Web3 developer Alchemy has announced the acquisition of NFT launchpad HeyMint, the startup behind the web3 initiatives employed by MasterCard, Ubisoft and many more. According to a press release sent to crypto.news, the blockchain infrastructure designer aims to accelerate the development of its smart wallets solution through its latest acquisition. By bringing the HeyMint and HeyMint Quest teams into the fold, the firm hopes to expand its developer support, simplify integrations and further expand on developing the project’s Smart Wallet solutions. Alchemy hopes to one day turn Smart Wallets into the default way for onboarding new users into the web3…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Ethereum investor profitability has seen a sharp turnaround following the latest rally in the asset’s price. Ethereum Holder Profitability Has Observed A Dramatic Reversal Recently In a new post on X, the institutional DeFi solutions provide Sentora (formerly IntoTheBlock) has talked about how the profit-loss situation has changed on the Ethereum network. The on-chain indicator of relevance here is the “Historical In/Out of the Money,” which tells us about what part of the ETH userbase is in profit (“in the money”), loss (“out…

FIFA stunned the sports world on May 22, 2025, by selecting Avalanche to power its own blockchain and ending its Algorand partnership. This set the stage for next-gen digital collectibles and fan engagement for over five billion football fans.The new FIFA Blockchain, a custom Avalanche Layer-1, promises sub-second transactions, minimal fees, and seamless wallet integration, starting with the migration of FIFA Collect. According to Ava Labs, Avalanche’s parent company, key factors behind the partnership included the network’s transaction capacity of over 6,500 per second and its enterprise-grade performance. Big News: FIFA Collect Has Migrated to the New FIFA Blockchain! FIFA…

After consolidating for a week, Worldcoin is showing upside strength, with World ID adoption and technical momentum acting as catalysts. According to data from crypto.news, Worldcoin (WLD) jumped 31% to hit an intraday high of $1.63 on May 23 Asian morning time, marking a massive 180% gain from its lows last month. WLD’s rally was matched by a surge in market participation, with spot volume climbing 160% to nearly $1.3 billion and derivatives volume spiking 208% to $2.69 billion. According to CoinGlass data, its open interest also rose 48% to $427 million, a tell-tale sign of renewed investor confidence. The…

MEW rallied as high as 31% today after securing a listing on popular crypto and stock trading platform Robinhood. According to crypto.news, cat in a dogs world (MEW) surged to a four-month high of $0.0047 on May 23 Asian time, bringing its market capitalization to over $400 million at the time of writing. MEW’s trading activity accelerated sharply through the week, with volume climbing from $40 million on Wednesday to $70 million on Thursday, before surging over 370% to $315 million by Friday. There are four potential catalysts driving MEW’s rally. First, the biggest catalyst is MEW’s new Robinhood listing,…

Memecoins MOODENG, BUILDon and MOG are making waves again, all posting double-digit gains in the past 24 hours and showing bullish momentum. Moo Deng (MOODENG) is up 25% in the past 24 hours, currently trading at $0.30, with the trading volume surging by over 130%. The price is now testing local resistance near $0.31, with an eye on the next key resistance at $0.34 — the intraday high from the recent rally. That previous rally began from around $0.03 on May 8 and peaked at $0.34 on May 14, marking a 750% gain in less than a week. After reaching…