Author: Yeek.io

The Uniswap Foundation announced $140.3 million in revenue and $12.4 million in new grant commitments in its Q1 2025 financial report.  A report by Uniswap (UNI) Foundation on May 23 stated that the majority of the revenue came from a $140 million donation that was authorized by Uniswap governance, with the remainder coming from interest and dividends. As of Mar. 31, the Foundation held $53.4 million in USD and stablecoins, 15.8 million UNI tokens, and 257 Ethereum (ETH), totaling about $95 million.  Another 5 million UNI was used as collateral for a $29 million loan, giving the Foundation access to…

Astar Network has announced a dynamic new partnership with Animoca Brands, one of the world’s leading champions of blockchain gaming, digital property rights, and Web3 innovation. This alliance isn’t just a handshake — it includes a strategic investment from Animoca into Astar Network, further solidifying its position as a premier blockchain platform for bringing Japanese and Asian entertainment and gaming IP onchain. The move sets the stage for bold, scalable, and consumer-friendly digital experiences across Asia and beyond. Powering the Future of Onchain Entertainment with Animoca Brands: Animoca Brands has long been a pioneer at the intersection of digital ownership…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Since the past few days, Ethereum price action has been nothing but quite stunning after breaking past the key $2,400 resistance level that previously hampered upside attempts. ETH’s breaking past this level has provided some sort of stability to the current upward trend as the altcoin continues to record significant gains. A Historic Ethereum Daily Price Surge With the broader crypto market recovering strongly, Ethereum seems to have found its footing alongside other major digital assets. Considering its recent move, seasoned market expert and host of the…

A U.S. tourist was drugged and robbed in London by an Uber driver who made off with $123,000 in cryptocurrency. According to local media, the victim, 30-year-old Jacob Irwin-Cline, was visiting the UK on a short layover when the incident occurred.  After a night out in Soho, he called an Uber to return to his hostel, but instead, he ended up getting into a different vehicle with a driver who appeared to match the profile shown in his app. Cline told reporters that the driver, who introduced himself as “Mohammed,” flagged him down using the name saved in the Uber…

SAN FRANCISCO, May 22, 2025 — In a landmark move set to transform the way AI models are evaluated, LMArena, the leading open community platform for AI model assessment, has secured $100 million in seed funding. The round was led by a16z (Andreessen Horowitz) and UC Investments, with participation from a powerhouse of notable investors including Lightspeed Venture Partners, Laude Ventures, Felicis Ventures, Kleiner Perkins, and The House Fund. The funding coincides with the upcoming relaunch of LMArena’s fully rebuilt platform next week — promising a faster, sharper, and community-centric hub for rigorous, transparent, and human-centered AI model evaluation. Building…

Bitcoin and Ethereum ETFs registered more than a billion in net inflows, the highest level since November 2024. Bitcoin’s (BTC) all-time high has led to major inflows in crypto ETFs. On Thursday, May 22, net inflows for spot Bitcoin and Ethereum (ETH) exchange-traded funds were at more than $1 billion. This is the best performance that ETFs have seen since November 2024. Inflows in spot Bitcoin ETFs dominated, with a daily inflow of $934 million, which is their best performance since January 17. This brings the total assets under management of spot Bitcoin ETFs to $104 billion. Total Bitcoin spot…

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…