Author: Yeek.io

Quick take: The fundraising also attracted participation from Coinbase Ventures and the co-founders of the Solana blockchain. Founded by Brandon Timinsky, Zar has already registered over 100,000 customer signups while over 7000 vendors have expressed interest. Vendors will be able to make money from the service by choosing their own exchange rates and adding a profit margin. Brandon Timinsky, former CEO of a Pakistani payments company has raised $7 million for Zar, his newest project that seeks to bring stablecoin for fiat exchanges to the local mobile money store. The funding round was led by Dragonfly Capital, A16z Crypto and…

Mastercard has introduced a suite of services to support stablecoin use across its global payments network, backed by partnerships with firms such as OKX, Nuvei, Circle, MetaMask, Kraken, and others.The initiative includes wallet integration, card issuance, merchant acceptance, and settlement tools—designed to support both consumers and businesses in sending, receiving, and spending stablecoins.Consumers will be able to spend stablecoins at traditional merchants using Mastercard-linked cards, whilst participating businesses can opt to receive settlements in $USDC or other supported stablecoins. Source: MastercardHow is this being implemented?To support stablecoin transactions at scale, Mastercard is deploying its Crypto Credential system—a verification layer that…

Aztec Labs chief executive officer Zac Williamson explains why bringing privacy to Ethereum is more than a technical upgrade but a necessity. Zac Williamson is the co-founder and CEO of Aztec Labs, a layer-2 network focused on bringing privacy to Ethereum (ETH). Before crypto, he earned a PhD in particle physics from Oxford and worked at CERN. In the blockchain world, he’s best known as a co-inventor of PLONK, one of the most widely used zero-knowledge proof systems today. In a recent conversation with crypto.news, Zac explains why privacy isn’t just a nice-to-have but a core part of what Ethereum…

Solaxy ($SOLX) has reached uncharted territory by becoming the largest Solana ICO to ever take place, having raised $32 million. It’s raising money to build the world’s first Solana layer 2 blockchain, but it’s not the only horse in the Solana scalability race. While Solaxy follows the playbook of Ethereum layer 2s like Base, Arbitrum, and Optimism, another project called Solayer is building a Solana side chain, similar to Ethereum’s Polygon.Like Solaxy, Solayer is on fire right now, having gained 120% in the past month. But looking ahead, experts are predicting that Solaxy will come out on top.The project’s early stage,…

Bloomberg analysts have projected 75% to 90% approval chances for the key exchange-traded fund applications currently under review, but mounting delays from the SEC are pushing final decisions further into 2025. Bloomberg analysts Eric Balchunas and James Seyffart have recently released their latest projections on the likelihood of approval for various ETFs currently under review by the SEC. Spot ETFs for Litecoin (LTC), Solana (SOL), and crypto Baskets/Indexes (including conversions like Grayscale’s GBTC) have the highest chances of approval in 2025—each assigned a 90% likelihood. The SEC’s favorable view of LTC and SOL as commodities, coupled with their ties to…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After months of downward pressure, Ethereum (ETH) may finally be poised for its next major move upward. The second-largest cryptocurrency by market capitalization appears set to benefit from several bullish trends – ranging from technical setups to improving institutional demand – that could propel it toward the psychologically significant $2,000 mark. Ethereum Heading To $2,000?  ETH has shown notable momentum over the past week, rallying from around $1,575 on April 22 to approximately $1,830 at the time of writing. This nearly 20% increase has rekindled bullish sentiment…

Quick take: Libre now wants to tokenise $500 million worth of Telegram debt on the TON network. The Teleram Bond Fund offers accredited investors exposure to the $2.35 billion of outstanding bonds issued by Telegram. Investors also gain access to institutional-grade yield products that can be used as collateral for on-chain borrowing and product development on TON. Libre, the on-chain tokenisation firm plans to tokenise $500 million of Telegram debt on the TON Network. This is not Libre’s first tokenised fund, with the firm having worked with the likes of BlackRock, Brevan Howard, Hamilton Lane and Laser Digital to tokenise…

Victoria, Seychelles, April 30th, 2025, Chainwire As an official sponsor of TOKEN2049 Dubai, global crypto exchange BYDFi has teamed up with industry-leading hardware wallet provider Ledger to release a limited edition co-branded Ledger Nano X. The exclusive wallets made their debut at the TOKEN2049 event, where attendees had the chance to receive them for free through on-site interactive activities. This special edition wallet retains the advanced security features of the original Ledger Nano X, while incorporating custom BYDFi design elements, including visual branding and customized packaging. Symbolizing a deep collaboration on user asset protection and Web3 innovation, the wallet is…

The sweepstakes model of casinos functions by providing gamers with virtual tokens that are used to play games for an opportunity to claim prizes. These tokens are usually sold for a certain amount, and bonuses are often given when purchased.Blockchain technology, the foundation of cryptocurrencies like Bitcoin, provides a decentralized and transparent platform for digital transactions, and also relies on a form of “coin” as a medium for transactions.Given that there already are casinos operating on cryptocurrency, here we’ll consider if blockchain implementation in sweepstakes casinos might improve their functionality, specifically through the development of casino-based currencies.Understanding Sweepstakes and BlockchainSweepstakes…

XDC Labs and LayerZero Labs have announced a major collaboration that integrates LayerZero’s universal messaging protocol into the XDC Network, unlocking secure interoperability across dozens of blockchains. At XDC Tech Webinar 6.0, held virtually this month, XDC Labs and LayerZero Labs unveiled their latest collaboration, which aims to deliver secure omnichain interoperability by integrating LayerZero’s universal messaging protocol directly into XDC’s blockchain infrastructure. By combining XDC’s fast, low-cost blockchain with LayerZero’s universal messaging protocol, developers can now build truly omnichain applications. This integration lets smart contracts on XDC interact directly with dozens of other networks without relying on wrapped tokens or…