Author: Yeek.io

Tel Aviv, May 7, 2025 — In a bold move that’s set to reshape the future of mobile gaming, AI startup Sett has officially emerged from stealth mode with a $27 million funding haul. Focused on building AI agents to accelerate mobile game development and marketing, Sett is pioneering technology that could change how games are built, marketed, and played. The funding was raised in two phases, with the latest $15 million Series A round led by Bessemer Venture Partners. Other participants included Saga VC, vgames, F2 Venture Capital, and gaming industry veteran Akin Babayigit — founder of Tripledot Studios…

Best Wallet (BEST) has now raised $12 million – and it’s not just the number generating attention, it’s the tech behind it.With staking rewards, presale access, and support for 60+ chains, this isn’t your average send-and-receive wallet.It’s trying to be the crypto super-app of 2025.Best Wallet and Its Exciting Feature SetSo, what is Best Wallet?Put simply, it’s a non-custodial wallet, which means you hold the private keys.No third-party messing with your crypto assets, just full control with added security features like 2FA, biometrics, and encrypted key storage.But what really makes Best Wallet stand out is all of its features.You can…

Liquid staking solution Swirl has launched on the Layer-1 blockchain IOTA mainnet as an independent ecosystem project on the IOTA network, which enables users to stake IOTA and receive stIOTA.According to the press release, stIOTA tokens provide instant liquidity. While their IOTA is staked, users can trade them, use them as collateral in decentralized finance (DeFi), or earn additional rewards. Therefore, the tokens’ value can be used across the IOTA DeFi ecosystem.Furthermore, Swirl is built on IOTA’s decentralized contract infrastructure. It utilizes Move-based smart contracts to manage staking operations in “a transparent and auditable manner.” It will evolve into a…

Ritchie Torres is preparing to introduce new legislation that would prohibit the creation and sale of meme coins and stablecoins that exploit the likenesses of U.S. political figures. The bill, titled the “Stop Presidential Profiteering from Digital Assets Act,” aims to curb what Torres calls a growing trend of “digital asset profiteering” by leveraging the identities of high-profile public officials. According to the draft text summary, the bill would make it illegal for any person to create, promote, or sell a digital asset that uses the name, image, or likeness of a “covered individual” if it results in direct or…

Soham Mazumdar, co-founder of cloud data security unicorn Rubrik, has launched a bold new venture in the AI data analytics space: WisdomAI. The startup, which helps enterprises extract sharp, actionable insights from structured, unstructured, and even “dirty” data, has announced a $23 million seed round led by Coatue, with participation from Madrona, GTM Capital, Anthology Fund, and others. A Smarter, Faster, Cleaner Way to Tap Enterprise Data: Unlike conventional analytics tools, WisdomAI enables business managers to query data in natural language — eliminating the delays of waiting on data teams to build reports. Whether it’s a Chief Revenue Officer asking,…

Newly released documents show the New York Attorney General urged the SEC to classify Ethereum as a security. This urgency was evident during the SEC’s 2023 enforcement action against crypto exchange KuCoin. However, the SEC ultimately declined to publicly state that position.  The documents, made public by Coinbase through a Freedom of Information Act request, include an email from Shamiso Maswoswe, head of the Investor Protection Bureau at the NYAG’s office, to SEC Chair Gary Gensler’s chief of staff.  In the message, Maswoswe requested that the SEC file an amicus brief supporting the argument that Ethereum (ETH) is a security.…

Ethereum has completed the first phase of a major software upgrade called Pectra, marking a significant change to how the network handles accounts, staking, and data processing.The rollout comes over a year after Ethereum’s previous major update—known as Dencun—and continues the project’s shift toward improving how the blockchain scales and operates under increased demand. Pectra introduces a range of Ethereum Improvement Proposals (EIPs), including changes to how wallets function, how validators manage their stake, and how data is processed through the network.Whilst the upgrade is largely technical, it is expected to affect a wide range of users and developers, especially…

Quick take: The London-based company claims to process $12 billion in stablecoin transactions annually. BVNK, which is now expanding into the US did not disclose the size of investment from Visa. Some of the stablecoin company’s clients include the likes of Ferrari and Rapyd, which leverage its technology to send, receive, convert, and store stablecoins and fiat. UK-based stablecoins infrastructure provider BVNK has announced a strategic investment from Visa.  The announcement comes at a time when interest in stablecoins is rising amid growing prospects for a crypto-friendly regulatory environment in the U.S. The London-based company, which is now expanding to…

 While some people in financial circles still suspect cryptocurrencies, many others have since seen the light and are changing their perspective about benefits they never knew about.  Every once in a while, an institution comes that redefines the capital markets with creative products within the digital asset community to make crypto enthusiasts go wild with excitement.Maple Finance is shaking up the cryptocurrency sector, especially global lending, with innovative products designed for institutional borrowers. If you’re an institutional borrower looking to access funds more efficiently or a lender interested in getting guaranteed yields for your efforts, we’ve got you covered. In…

Core Ventures, the investment arm aligned with the Core Foundation, has deployed more than $1 million across 15 Bitcoin-aligned projects since launching in early 2024. Core Ventures is on a mission to transform Bitcoin (BTC) from a passive store-of-value into an active layer of financial infrastructure that can serve as the foundation for lending, yield generation, stablecoins, and decentralized finance, crypto.news can exclusively report. As the BTCFi continues to grow with a total value locked across Bitcoin-based DeFi protocols up 2,700% since January, Core Ventures is funding projects that push Bitcoin’s programmability. The portfolio spans key verticals including lending, staking,…