Author: Yeek.io

May 14, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRsUSD Staking Live in the 420 Pool5M SNX in rewards being distributed over 12 monthsDeposits are uncapped, but sUSD is locked until April 2026Rewards are variable based on deposit size and SNX priceStakers who migrated debt must deposit 10% of their debt’s value in sUSD to remain eligible for debt forgivenessInfinex Deposit Campaign16,000 OP distributed weekly, plus ETH, SNX, and Patron NFTs via lottery (1k sUSD = 1 entry)Likely to be extended an additional 6 weeksCurve Votemarket…

FLOKI has flipped its 200-day moving average into support, marking a significant trend reversal. Price is now correcting into a confluence of technical levels, setting the stage for a potential explosive move higher. After weeks of upward momentum, Floki (FLOKI) is beginning to retrace — but the correction looks more bullish than bearish. The meme coin has broken out of long-term suppression under the 200-day moving average, and the recent pullback appears to be a setup for continuation rather than weakness. The next major support zone lines up with several key technical indicators, giving traders a strong level to watch…

Quick take: Synthetix will acquire Derive’s treasury, technology, and product suite, subject to approval via an on-chain community vote. The acquisition is part of the derivatives protocol’s strategy of vertical integration to improve its protocol capabilities on the Ethereum mainnet. The vesting terms include a three-month lock-up and nine-month linear vesting for DRV holders who receive SNX. Synthetic, an Ethereum-based derivatives protocol has announced plans to acquire the decentralised options platform and former Synthetix ecosystem project, Derive. The acquisition is structured as a token swap in the ratio of 27 DRV tokens for 1 SNX token, as per the Synthetix…

NXPC, the native token of Nexpace, the blockchain arm of South Korean video game developer Nexon, is set to be listed on Binance Alpha and other tier-1 exchanges. In a May 14 announcement, Binance said that NXPC will be available for trading on Binance Alpha on May 15, 2025, at 6:00 AM UTC. Just 30 minutes later, the exchange’s futures platform, Binance Futures, will also add support for the token, allowing derivative traders to trade with up to 50x leverage. Prior to these listings, the exchange will support NXPC’s token generation event, where Alpha users who meet a certain Alpha…

BTCS Inc., a Nasdaq-listed blockchain technology company, plans to buy up to $57.8 million worth of Ethereum as it looks to mirror MicroStrategy’s Bitcoin accumulation. U.S.-based BTCS is looking to execute this initiative via the proceeds of a convertible notes issuance of up to $57.8 million. ATW Partners will lead the capital raise, with BTCS Inc. using the funds to purchase Ethereum (ETH). Buying more ETH is part of the company’s plan to expand its digital asset footprint, including through validator node operations, it said in an announcement on May 14. It wants to be the Strategy of ETH. “This…

Could MIND of Pepe (MIND) be the next big AI-powered crypto?With just 17 days left in its presale, this new project is generating serious buzz by pairing Pepe memes with advanced artificial intelligence to spot crypto trends before they take off.But will MIND live up to all the hype?How MIND of Pepe’s AI Agent Finds Crypto Gems Before They TrendMIND of Pepe features an AI agent – essentially a 24/7 crypto analyst with a knack for spotting narratives before anyone else.It can scan through mountains of blockchain data, check wallet movements, and find hidden gems before the masses catch on.For…

Willemstad, Curaçao, May 14th, 2025, Chainwire Whale.io, the leading crypto casino and sportsbook, multichain platform, is doubling down on its mission to empower players with the launch of its new “Wager & Earn” campaign, and users can now convert $WHALE tokens from Wheel of Whales to Whale.io. These updates mark significant steps toward the highly anticipated $WHALE Token Generation Event (TGE), offering players unprecedented opportunities to stack tokens, double their holdings, and prepare for the token’s upcoming launch. With a thriving community and a commitment to accessibility, Whale.io is setting the stage for a fair launch and game-changing moment in…

Ethereum price prediction is turning bullish after a 95% rebound, but can ETH really hold above $2,600, or is this just post-truce momentum? Ethereum finally back in play Ethereum (ETH) is making a quiet but strong recovery. After weeks of staying relatively muted, the second-largest crypto by market cap has climbed more than 6% in the past 24 hours and is now trading around $2,613 as of May 14. ETH Price Chart | Source: crypto.news Over the past week, ETH has gained 44%, briefly touching $2,736 on May 13, its highest level since late February. Just a month ago, ETH…

Infinite Node Foundation (NODE), a newly formed nonprofit based in the United States, has acquired the intellectual property rights to the popular NFT collection CryptoPunks.NODE has announced plans to exhibit the full 10,000-piece collection in a new physical space in Palo Alto, California. The transition marks a change in governance from private ownership to nonprofit management, with NODE aiming to focus on preservation and public access rather than commercialisation.Alongside the acquisition, NODE has committed $25 million in funding to support the long-term stewardship of the collection. Source: NODE FoundationWhat is the Infinite NODE Foundation?The Infinite Node Foundation (NODE) is a…

Michigan has officially declared May 13 as Digital Asset Awareness Day, just months after it had joined 30+ U.S. states in the Bitcoin reserve race. The Michigan House of Representatives has officially adopted House Resolution 100, declaring May 13 as Digital Asset Awareness Day across the state. “Designating a day to recognize and promote awareness of digital assets will encourage informed dialogue, responsible innovation, and collaborative efforts among stakeholders across the state,” the resolution states. The bipartisan resolution was sponsored by Representatives Jaime Greene and Joseph Fox. It encourages academic institutions, government bodies, and private sector companies to organize initiatives…