Author: Yeek.io

Hong Kong, May 9, 2025, | via Chainwire In a bold move that signals the next evolution in blockchain-powered consumer experiences, T-Rex, a purpose-built blockchain for entertainment, content, and online cultural virality, today announced it has raised $17 million in funding. The capital injection, accompanied by the creation of a dedicated Incubation Fund, aims to radically transform how online users are rewarded for everyday actions, while addressing persistent engagement issues within Web3 ecosystems. Slated to launch in Summer 2025, T-Rex’s innovative built-in distribution engine introduces a refreshingly simple, yet powerful concept: seamlessly rewarding people for the activities they already love…

Centrifuge, a leading tokenization ecosystem, experienced a significant expansion of its decentralized protocol over the last three months, culminating in a major spike earlier this week. The total value locked (TVL) of the Centrifuge Protocol rose from $237 million on Tuesday to a record $437 million as of this writing, as per DefiLlama. Centrifuge has been a leading real-world asset tokenization (RWA) platform for years, helping users tokenize assets through non-fungible tokens (NFTs) and DeFi tools. One of its flagship products is Tinlake, a decentralized open marketplace and investment venue for tokenized assets. The decentralized application enables users to tokenize…

Ethereum has officially completed the Pectra upgrade on its mainnet as of May 7, 2025. This is widely regarded as the most significant Ethereum upgrade since The Merge in 2022.How will the price of ETH react in the weeks and months ahead following this upgrade? This article will analyze the market impact and investor sentiment surrounding Pectra, based on the latest available data and developments.What Is the Pectra Upgrade?Pectra is the combined name for two simultaneous Ethereum upgrades: Prague (targeting the execution layer) and Electra (targeting the consensus layer). This hard fork incorporates a total of 11 Ethereum Improvement Proposals…

Ethereum has surged 20% in the past 24 hours, trading at $2,209 as of press time, in one of its sharpest short-term moves this year. The rally was backed by a sharp rise in trading activity, especially in the derivatives market, whose volume jumped 184%, as per Coinglass data. Open interest in Ethereum (ETH) futures has climbed 20% in the past 24 hours, signaling a wave of fresh capital entering the market. Rising open interest alongside price usually points to the start of a new trend, as traders build long positions rather than simply covering shorts. Meanwhile, more than $265…

Hong Kong, Hong Kong, May 9th, 2025, Chainwire Launching Summer 2025, T-Rex’s built-in distribution engine introduces a radically simple idea: rewarding people seamlessly for doing what they already love online. T-Rex, a purpose-built blockchain for entertainment, content, and cultural virality, today announced a $17 million fundraise and Incubation Fund to revolutionize online content publishing by seamlessly rewarding consumers for everyday interactions on social platforms such as YouTube, TikTok, or X (formerly Twitter) and reshape how consumer-facing decentralized applications (dApps) are discovered, published, distributed and scaled across Web3. Backed by strategic investors including Portal Ventures, North Island Ventures, Framework Ventures, Arbitrum Gaming…

Whale inflows and low volatility signaled strong accumulation and market stability. Open Interest and short liquidations supported SHIB’s bullish breakout potential. Shiba Inu’s [SHIB] momentum surged as the 24-hour burn rate spiked by 4,833.89%, revealing a renewed wave of community activity and token destruction.  This dramatic uptick suggests heightened efforts to reduce SHIB’s circulating supply, often viewed as a bullish signal.  Meanwhile, overall market sentiment appears to have shifted positively, supported by steady price appreciation. Whale accumulation intensifies as SHIB volatility cools down Whale accumulation has intensified, with large holder netflow soaring by over 6,050% in the last seven days.…

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.The New Governance Voting Cycle Has Started!Easily submit your own CFP and DFIP proposals directly from the DeFiChain Light Wallet with just a few clicks.👉 Submit your DFIPs and CFPs effortlessly👉 Vote on proposals👉 Help drive community innovationDeFiChain Turns 5 This SundayDeFiChain’s fifth anniversary is approaching, and it’s time to celebrate YOU, the community that’s powered innovation on Bitcoin since 2019.Join us as we reflect on five years of milestones—from groundbreaking protocol…

BONK surged nearly 10% after rebounding from wedge support, hinting at growing bullish momentum. On-chain and technical metrics lean bullish, setting the stage for a potential breakout above resistance. Bonk [BONK] has been respecting a rising wedge pattern since the 4th of March, with the memecoin’s prices respecting the ascending support trendline. In early April, the memecoin hit a local low of $0.00000884 before rebounding and maintaining a steady upward pace. BONK has, since then, enjoyed a steady bullish surge while obeying the wedge’s trendline support level. The recent bounce off the support level has initiated a fresh wave of…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While the market saw notable bullish action on Wednesday, Ethereum’s price struggled to attract gains as it faced a strong barrier. However, ETH’s recent price performance hints at a potential recovery, which suggests a continuation of the renewed upsurge. Technical Chart Pattern Signals Rally For Ethereum Ethereum has moved briefly above the $1,900 mark following market resurgence. While the upward move might not appear significant, the second-largest digital asset is showing fresh signs of strength due to an emerging bullish chart pattern on the 1-day time frame.…

Monad, the high-performance Layer 1 blockchain, has launched a targeted airdrop campaign to reward active users on Farcaster.With 77,000 users receiving MON testnet tokens, this is a unique chance to explore Monad’s growing ecosystem via the Warpcast mobile app. This guide will walk you through how to check your MON token balance and what you can do with these testnet tokens right now.What Is Farcaster?Farcaster is a decentralized social protocol that gives users full control over their identity and content. It was founded in 2020 by Dan Romero and Varun Srinivasan, both former Coinbase executives. The protocol is designed to…