Author: Yeek.io

Quick take: The fundraising attracted participation from crypto VCs Framework Ventures and Electric Capital. The company will use the funds to hire more employees as it seeks to double the size of its staff from five to ten. By leveraging RSIC-V, Heeger says the new virtual machine will make the Thru blockchain more accessible to non-crypto native developers. Unto Labs has announced a $14.4 million funding round backed by leading crypto-focused venture firms, Framework Ventures and Electric Capital.  Developed by Liam Heeger, a former engineer at Ethereum and Solana, Unto Labs is building a new virtual machine, ThruVM, that seeks…

Europe’s second-largest neobank, Bunq, is expanding into cryptocurrency, citing growing retail investor demand for digital assets worldwide.The Amsterdam-based neobank announced the launch of Bunq Crypto on April 29, a new offering enabling its users to invest in over 300 cryptocurrencies, including Bitcoin (BTC), Ether (ETH) and Solana (SOL).Starting April 29, Bunq users in the Netherlands, France, Spain, Ireland, Italy and Belgium will be able to access cryptocurrencies directly through the Bunq app, according to an announcement shared with Cointelegraph.The crypto offering is powered in partnership with Kraken, the 14th-largest centralized cryptocurrency exchange globally by trading volume. Related: Coinbase to launch…

AI16Z hiked by 22% in 24 hours to hit a monthly high of $0.30. Buyers are dominating the market, signaling growing confidence as investors eyed a rally. Over the past day, ai16z [AI16Z] has experienced a massive upswing on its price charts to break out of a month-long downtrend. The memecoin surged from a local low of $0.22 to a high of $0.30 hitting a monthly high. In fact, as of this writing, AI16Z was trading at $0.30242. This marked a 22.45% increase in 24 hours. On weekly charts, the memecoin was up by a whopping 123.11%, with an extension…

Quick take: The fundraising also attracted participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, and MH Ventures. Miden leverages zero-knowledge technology to provide the confidentiality that large institutions require when executing large payment batches. Miden was incubated in Polygon in 2021 and plans to launch its main network by the end of the year. Miden, a privacy-focused institutional grade protocol has secured $25 million in seed funding led by A16z crypto, 1kx and Hack VC. The fundraising also attracted participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, and MH Ventures. The company plans to…

In a surprising turn of events, the ALPACA token surged by more than 650% within just a few days following Binance’s announcement that it would delist the asset. The rally, driven by a short squeeze and a temporary suspension of new token issuance, defied typical market expectations.ALPACA Price Action: Short Squeeze and Token Issuance SuspensionOn April 24, 2025, Binance – the world’s largest exchange, announced that it would delist all spot trading pairs involving ALPACA on May 2, 2025. Typically, such announcements lead to a price drop due to panic selling. However, ALPACA’s price movement defied expectations.Data from TradingView shows…

Beijing’s municipal authorities have released an action plan outlining blockchain development goals through 2027. The strategy ties blockchain innovation directly to key sectors including artificial intelligence, healthcare, education, and financial services.According to the plan announced on April 29, multiple agencies, including the Beijing Municipal Science and Technology Commission, co-authored the guideline and called for building a new digital infrastructure centered around trusted blockchain systems.Beijing to Link Blockchain to Emerging TechnologiesAuthorities expect to establish over 20 benchmark applications in fields such as AI model development, insurance services, and digital identity management. The plan details ambitions to construct national blockchain hub nodes…

Big news for DeFi on COTI: USDC.e is now live on Carbon DeFi!Users can now buy, sell, and provide liquidity with a stablecoin — unlocking new opportunities and trading possibilities on COTI’s growing L2 ecosystem.Carbon DeFi isn’t like other DEXes. It gives users full control with powerful trading tools, all wrapped in an easy-to-use interface. Whether you’re setting up automated strategies, placing precise trades, or just swapping quickly, Carbon DeFi makes it easy to trade your way — no coding, no external tools required.Here’s how:Example: Buy COTI with USDC.e if it dips to $0.06With Limit Orders, you’re in full control,…

Baby Doge is back at the bottom of its long-standing trading range, historically a launchpad for bullish expansion. If accumulation holds here again, we may see a repeat move toward the highs. Baby Doge (BABYDOGE) has consistently followed a cyclical structure consisting of deep pullbacks into accumulation followed by expansive rallies. With the meme coin now trading at the lower bound of its 270-day range, conditions for another upside breakout could be forming. However, as always with low-cap tokens, risk management remains essential. Key technical points Range Low Support: Price action is currently holding the low of a long-term range.…

Quick take: The company will use the fresh capital to scale its privacy-focused layer-1 network. Camp Network allows users to register and tokenize their IP on-chain and train and deploy AI agents. The company has now raised $30 million in total, according to a press release seen by NFTgators. Camp Network has secured $30 million in total funding, following a $25 million Series A round announced on Tuesday. 1kx and Blockchain Capital co-led the latest funding, with participation from dao5, Lattice, TrueBridge, Maven 11, Hypersphere, OKX, Paper Ventures, Protagonist and others. The company is building a privacy-focused layer-1 blockchain that…

One of the most reliable signals for future success remains venture backing from YZi Labs, which continues to shape the Web3 investment landscape following its restructuring. Projects that secure support from YZi Labs, particularly those approaching their first Token Generation Event (TGE), are widely seen as strong contenders for future Binance listings.Yzi Labs (formerly Binance Labs): A Launchpad for Promising ProjectsFollowing a restructuring process, Yzi Labs – the new name for Binance Labs, continues to maintain its position as one of the most influential venture capital entities within the Web3 ecosystem. Recent investments in projects like Initia, Babylon, Polyhedra Network,…