Author: Yeek.io

Following the listings of several restaking projects, including KernelDAO, Solayer, and Babylon – on Binance in Q2 2025, one question emerges: Is “restaking” becoming the next dominant narrative in the crypto market?What Is Restaking and Why Does It Matter?Restaking is a mechanism that allows users to reuse staked assets (typically ETH) to secure other networks or applications without having to withdraw those assets from the original staking platform. This represents a major breakthrough in capital efficiency within blockchain ecosystems, as it enables a single pool of assets to be utilized for multiple security purposes, fostering the growth of new infrastructure…

Despite its official shutdown announcement, the notorious crypto mixer eXch continues to function as a laundering channel for illicit funds, according to a damning new report from TRM Labs. On April 30, 2025, a day before eXch was scheduled to go offline, the platform removed all public-facing infrastructure, including clearnet and dark web domains. However, TRM’s investigation reveals that the platform’s backend, specifically its API access, remains operational, facilitating ongoing fund movements consistent with its signature mixed-pool laundering model. Cryptocurrency exchange 𝐞𝐗𝐜𝐡, linked by TRM to laundering in the Feb 21 Bybit hack, has shut down — but activity persists…

The New XAI Gork price surged on Monday as the weekend rally triggered fear of missing out among retail investors.  New XAI Gork (GORK) token jumped to $0.07, continuing a rally that started on Friday when it bottomed at $0.01443. It has soared by almost 400%, giving it a market cap of over $70 million. The GORK price soared as demand for the coin jumped. CoinGecko data shows that the 24-hour volume rose to over $205 million, 3x its market cap.  More signs of FOMO is the fact that the number of GORK token holders continued rising. According to SolScan,…

AIXBT price surges 20% as bulls attempt to break above the top of the breakout rally. AIXBT (AIXBT) is up almost 20% in the past 24 hours, currently trading at $0.19, with 24-hour trading volume up surging 50%. Today’s surge marks bulls’ attempt to break above the local high of $0.21 achieved on May 1, marking the top of the breakout rally that began on 23 April. With that breakout, AIXBT decisively moved out of the consolidation range between $0.06 and $0.10, where it had traded sideways since April 3. Prior to that, the price had been consolidating in a…

Blockchain-focused privacy protocol COTI will collaborate with the ECB to implement its privacy technology for the upcoming digital euro. COTI, a privacy-centric layer-2 solution on Ethereum, has been selected as one of the pioneer partners in the European Central Bank’s project to develop the digital euro. In a Monday blog announcement, COTI said its involvement comes after its success in the Bank of Israel’s digital shekel project, highlighting its growing role in central bank digital currency solutions. As part of the ECB’s project, COTI will contribute its privacy-focused technology to support “conditional payments,” a system that ensures asset provenance is…

OKX, a leading global cryptocurrency exchange, has announced on X (formerly Twitter ) the restart of its decentralized exchange (DEX) aggregator, emphasizing real-time abuse detection and a blocking system. OKX DEX will restart today with realtime abuse detecting and blocking system. OKX Web3 is Chrome and search engine to blockchain. Base on our understanding of onchain data, we help customers access to hundreds chains realtime data, manage multiple chains’ asset and engage with…— Star (@star_okx) May 5, 2025 OKX paused its services on March 17, 2025, when it discovered suspicious activity connected to the infamous North Korea’s Lazarus Group. This group…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Solana (SOL) has emerged from one of its most turbulent periods to date. Stress-tested in Q1 2025 by an unprecedented wave of memecoin launches on platforms like Pump.fun, the network faced both extraordinary transaction volume and congestion. It saw tens of thousands of new token launches in just a few months, bringing billions of dollars on-chain through millions of transactions. It was a real test of how Solana would perform under pressure. Yet, rather than faltering, the…

Despite its public shutdown, crypto mixer eXch appears to be still involved in laundering operations, with analysts identifying its mixed-pool model as a key risk for compliance. Crypto mixing service eXch, which gained a reputation for its involvement in laundering millions in stolen funds from Bybit, seems to remain active behind the scenes despite its public shutdown in late April. Analysts at a blockchain forensic firm TRM Labs explained in a recent report that eXch continues to provide application programming interface access to its business partners, including mixers and privacy services. TRM has observed on-chain activity that suggests ongoing laundering…

OKX will restart its decentralized exchange aggregator after nearly two months of downtime over suspected misuse by North Korea’s Lazarus Group. According to a May 5 X post from founder and CEO Star Xu, the relaunch of OKX Web3, the exchange’s self-custody wallet and DEX aggregator, comes with a real-time abuse detection system and upgraded onchain security tools designed to flag and block suspicious activity automatically. Xu described the service as a “browser and search engine for blockchain,” with the goal of enabling safer access to DeFi protocols. The restart follows a March 17 suspension of the aggregator after OKX…

Crypto exchange OKX has reactivated its decentralized exchange (DEX) aggregator, OKX Web3, following a temporary suspension in March prompted by a security breach linked to the North Korean state-sponsored Lazarus Group.The relaunch includes a suite of enhanced security upgrades designed to prevent further exploitation by malicious actors.In a May 4 post on X (formerly Twitter), OKX founder and CEO Star Xu announced the return of the service with “a real-time abuse detecting and blocking system.”OKX CEO Calls Web3 Platform a ‘Blockchain Search Engine’ for Smarter DEX TradingXu described OKX Web3 as a “browser and search engine for blockchain,” offering users…