Author: Yeek.io

Key Takeaways: The facility provides Riot with capital for strategic growth without issuing new equity, preserving shareholder value. The loan bears interest tied to the federal funds rate. Riot plans to use the funds to support key initiatives and general corporate needs. Riot Platforms, Inc., a Bitcoin mining firm, announced on Wednesday that it has secured a $100 million credit facility from Coinbase Credit, Inc., a subsidiary of Coinbase Global. Riot Platforms Announces $100 Million Credit Facility with @Coinbase.“Riot has entered into its first bitcoin-backed facility, which provides us with non-dilutive funding at an attractive cost of financing,” said @JasonLes_,…

US President Donald Trump’s memecoin team denied social media rumors that holders of the Official Trump (TRUMP) token need at least $300,000 to participate in an upcoming dinner with the president. On April 25, the official X account of the Trump memecoin clarified that there is no $300,000 requirement to join the memecoin project’s dinner event featuring the US president. The rumor stemmed from community members citing the Solana blockchain explorer showing holders on the token’s contract address. At the time of writing, the explorer shows that the 220th-largest holder has 33,114 TRUMP, worth more than $400,000. However, the memecoin team…

BONK confirmed a breakout with a 17.28% Open Interest spike and bullish price structure. Positive funding, exchange outflows, and liquidation risk support further upside momentum. Bonk [BONK] has officially broken above its multi-month descending channel, confirming a bullish breakout that could mark the beginning of a significant trend reversal.  At press time, BONK traded at $0.00001595 after climbing 12.56% in the past 24 hours. The price approached the $0.00001900 resistance level—a crucial barrier that could either validate the breakout or stall momentum.  If this level is flipped into support, BONK could rally as high as $0.00003257, a potential 108% gain.…

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. Justin Sun, the founder of the Tron blockchain, predicts that Ethereum’s price will surge to $5,000 in the next few months. His prediction is made as Ethereum gears up to celebrate its 10th anniversary in July 2025. Related Reading…

The new Theo network has raised $20 million in funding in a round led by Hack VC and Anthos Capital.According to the press release shared with Cryptonews, the round also saw participation from a number of venture capital firms. These include Manifold Trading, Mirana Ventures, Metalayer Ventures, Flowdesk, SCB, MEXC, Amber Group, and Selini Capital.Additionally, angel investors from traditional finance trading firms, including Citadel, Jane Street, JPMorgan, HRT, Optiver, IMC, and 5 Rings joined as well. We’re excited to announce our $20m raise, led by @Hack_VC and Anthos Capital with participation from @ManifoldTrading, @mirana, @metalayervc, SCB, @ambergroup_io, @SeliniCapital, @MEXC_Official, and…

Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency.On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging in crypto and stablecoin activities. The withdrawal spurred a notable uplift in Bitcoin (BTC) investor sentiment.The Federal Reserve Board’s withdrawal giving banks guidance on crypto activities. Source: Federal ReserveThe 2022 guidance initially warned that crypto may pose risks to investors and the stability of the US financial system.The Fed’s move means that “banks are now free…

WIF jumped 50.77% in a week. dogwifhat has broken out of a one-month descending channel, signaling the possibility of further gains. dogwifhat [WIF] broke out of a multi-month descending triangle after posting gains for three straight days. Over the past 24 hours, WIF rallied from $0.508 to a monthly high of $0.612. At press time, the memecoin was trading at $0.6057—marking a 17.74% daily surge. WIF was up 50.77% weekly, with an 8.7% extension to its monthly gains. The recent price pump shows a newfound interest and demand for WIF amidst a growing memecoin frenzy. With massive gains, the question…

Strategy founder Michael Saylor says that banks are free to support Bitcoin following the U.S. Federal Reserve’s cancellation of its previous crypto guidelines, according to a Thursday night X post from the crypto proponent.Saylor Shares His Take“Banks are now free to begin supporting Bitcoin,” Saylor said in an X post regarding the Federal Reserve’s announcement. Banks are now free to begin supporting Bitcoin. https://t.co/mw7KjqJbQr— Michael Saylor (@saylor) April 24, 2025 The Fed’s previous guidance toward digital assets largely advised banks under its oversight to notify the organization before they engaged in activities involving cryptocurrencies at large due to heightened volatility…

Homepage > News > Business > Turkey unveils AI-powered terrorism classification tool Turkey’s Ministry of Justice has unveiled a new artificial intelligence (AI) offering to identify links between case entries and established terrorist groups. Dubbed the CBS Organizational Prediction Project, the new AI-powered tool automatically classifies individuals with links to terrorist groups with minimal human interference. The initiative is now part of the National Judiciary Informatics System (UYAP) and will play a key role in the justice administration. Despite the integration of emerging technology to improve the local justice system, critics are poking holes into the offering. Legal experts say…

Decentralized AI startup Nous Research has raised $50 million in a Series A round led by crypto venture giant Paradigm, marking one of the largest investments at the intersection of blockchain and artificial intelligence to date.According to an April 25 report from Fortune, the funding round values Nous at a $1 billion token valuation. Previous investors include Distributed Global, North Island Ventures, and Delphi Digital, who contributed to Nous’s earlier $20 million seed rounds.Operating since 2022, Nous Research is stepping into the spotlight with the latest fundraising to develop open-source AI models powered by decentralized infrastructure.The company leverages the Solana…