Author: Yeek.io

Ethereum price has been in a strong downward trend against Bitcoin, and a rare chart pattern points to more downside.  Ethereum (ETH) dropped to 0.01890, its lowest level since January 2020 and 80% below its 2021 high.  This decline comes as Ethereum continues to lose market share across key sectors of the crypto industry. DeFi Llama data shows that protocols in its network processed $56 billion in April, lower than Solana’s (SOL) $72 billion.  Ethereum is also losing ground to layer-2 networks, which aim to improve scalability and speed without compromising security.  Base, a layer-2 network created by Coinbase, processed…

Playtron is set to launch a new stablecoin designed for gaming on the Sui blockchain as part of their efforts to develop a unified payment system for its upcoming handheld gaming device—the SuiPlay0X1.The stablecoin, called Game Dollar, was announced at the Sui Basecamp event in Dubai and is scheduled to go live in the fourth quarter of 2025.Game Dollar is being issued in partnership with stablecoin infrastructure provider M0 and will be backed by short-term U.S. Treasury assets. However, unlike general-purpose stablecoins commonly used in trading or decentralised finance, Game Dollar is designed specifically for use in gaming environments. Source:…

Quick take: The fund seeks to support early-stage technologies including public chains, wallets, and other decentralized tools that are geared toward driving the future of Web3. The company said the fund also pivots MEXC’s position from consumer-focused to a major player in blockchain infrastructure. MEXC has been a major contributor to synthetic dollar issuer Ethena, investing $16 million and purchasing $20 million worth of USDe tokens. Crypto exchange company MEXC is continuing with its transformation from a mere trading platform to a full-scale Web3 ecosystem builder with a new $300 million Ecosystem Development Fund.  Announced at the Token2049 event in…

In 2025, DAOs control over $32 billion in on-chain treasuries, with top-tier DAOs controlling over a billion each—an unprecedented capital base for a new financial specie. But these reserves aren’t longer idle bags of governance tokens and ETH. DAOs are evolving into active portfolio managers, reallocating capital into stablecoins, real-world assets (RWAs), and on-chain yield strategies. They’re also forging financial alliances with one another, weaving a growing mesh of cross-DAO ownership and strategic alignment—less like grant-giving committees and more like sovereign wealth funds for the Internet economy. Source: CryptoDep, DeepDAO From Token HODLers to Strategic Allocators The landscape is shifting:…

StakeStone (STO) price is by over 30% in the past 24 hours, buoyed by spot listing on Binance exchange. STO began trading on Binance spot at 16:00 UTC on May 2 across multiple pairs, including USDT and BNB. According to the official announcement, eligible users who subscribed Binance Coin (BNB) to Simple Earn products—either Flexible or Locked—and On-Chain Yield between April 27 and April 29, will receive STO airdrops as part of the launch incentives. Prior to this, the token was only available on Binance’s Alpha Market, giving early access to select users. Launched in early April through a token…

Bitcoin’s dominance relative to other major cryptocurrencies continues to soar reaching a new 4-year high. Bitcoin’s (BTC) dominance has surged to 64%, a four-year high, signaling its unrivaled strength in the cryptocurrency market. This metric, which measures Bitcoin’s share of the total crypto market capitalization, reflects a growing preference for Bitcoin as a safe haven amid economic uncertainty. As BTC’s price hovers above $96,000, institutional inflows via ETFs and corporate treasury adoption, like Metaplanet’s 5,000 BTC holdings, are fueling this rally. But what does this mean for other major blockchain chains like Ethereum (ETH), Solana (SOL), and Binance Chain (BNB)?…

Table of Contents 7 Key Principles for Proof of Reserves 1. Onchain Publication  2. Real-time Visibility into Reserve Changes  3. Cryptographic Verification  4. Verification by Independent Parties 5. Proven Verification Infrastructure  6. Full Coverage of All Asset-Backed Tokens  7. Proof Requirements for All Custodians and Issuers Building On the Foundation of Proof of Reserves  Conclusion  Related Articles

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. As Ethereum (ETH) continues to slowly turn crucial resistance levels into support, some analysts consider that the King of altcoins could be running out of time for a new all-time high (ATH) this cycle. Related Reading Ethereum Closes April…

Binance has announced StakeStone as the 17th addition to its HODLer Airdrops program.Listing DetailsTo qualify for the airdrop, users must stake BNB through Binance Simple Earn.BNB staking window: April 27, 2025, 00:00 UTC to April 29, 2025, 23:59 UTCHODLer Airdrop Pool: 15,000,000 STO tokens (equivalent to 1.5% of total supply)Token DetailsToken Name: StakeStone (STO)Total Supply: 1,000,000,000 STOMaximum Supply: 1,000,000,000 STOCirculating at Launch: 225,333,333 STO (22.53% of the total supply)Binance has confirmed that only users who stake BNB via Simple Earn Locked Products will qualify for the StakeStone airdrop.About StakeStoneStakeStone is a decentralized omnichain liquidity infrastructure designed to optimize staking yields…