Author: Yeek.io
SEC’s Uyeda clarified that memecoins, PoW assets, and non-interest-paying stablecoins are not securities New SEC staff guidance and ongoing public participation will help craft the next crypto regulatory framework Mark Uyeda, the SEC’s Commissioner and Former Acting Chairman, is in the news today after he reiterated the agency’s position on memecoins as non-crypto securities. In a CNBC interview, he said, “We’ve clarified things like memecoins, stablecoins that do not pay interest, Proof-of-Work (POW), are generally not a security.” Uyeda noted that these assets don’t contain any investment contracts with buyers. Hence, they don’t quite fall within the security definition or…
OKZOO is set to launch its exclusive Token Generation Event (TGE) through Binance Wallet, in collaboration with PancakeSwap. Hosted on the BNB Smart Chain, the event will feature a $100,000 subscription round for the OKZOO token, granting early access to the project’s core governance and utility asset.Event DetailsToken Name: OKZOO (AIOT)Chain: BNB Smart ChainSubscription Window: Friday, April 25, 2025, from 08:00 to 10:00 UTCTotal Fundraising Target: $100,000 worth of BNBTokens Offered: 20,000,000 AIOT (representing 2% of total supply)Token Price: $0.005 USD (payable in BNB)Individual Allocation Limit: Maximum 3 BNB per Binance Wallet participantEligibility Requirement: Minimum of 45 Binance Alpha PointsToken…
Opinion by: Igor Zemtsov, chief technology officer at TBCCCrypto security is a ticking time bomb. Updatable firmware might just be the match that lights the fuse.Hardware wallets have become the holy grail of self-custody, the ultimate safeguard against hackers, scammers and even government overreach. There’s an inconvenient truth, however, that most people ignore: Firmware updates aren’t just security patches. They’re potential backdoors, waiting for someone — whether a hacker, a rogue developer or a shady third party — to kick them wide open.Every time a hardware wallet manufacturer pushes an update, users are forced to make a choice. Hit that update…
Cyber operatives from North Korea infiltrated the US corporate system to launch a malware campaign aimed at crypto developers, Reuters reported Friday.According to US cybersecurity firm Silent Push, North Korean hackers set up two companies, Blocknovas LLC and Softglide LLC, using fake names and addresses in New Mexico and New York.Meanwhile, a third firm, Angeloper Agency, was also linked to the operation. However, it has not been officially registered in the country.This campaign is tied to a subgroup within the Lazarus Group, a North Korean hacking unit under the Reconnaissance General Bureau, Pyongyang’s foreign intelligence agency. Our team at Silent…
SOL Strategies, a Canadian investment firm listed on the Canadian Securities Exchange, has made headlines with a $500 million convertible note facility to acquire more Solana tokens. Announced on April 23, 2025, this deal, the largest in Solana’s ecosystem, signals robust institutional confidence in Solana’s high-performance blockchain, positioning SOL Strategies as a key player in its adoption.The Financing DealThis $500 million convertible note facility, coordinated with New York-based ATW Partners, represents a strategic milestone for SOL Strategies and the Solana ecosystem.BREAKING: SOL Strategies secures landmark USD $500M convertible note facility with ATW Partners to expand SOL holdings.This first-of-its-kind structure is…
Homepage > News > Finance > Did China link its CBDC to 10 ASEAN, 6 Middle Eastern countries? China’s digital yuan remains the benchmark for a major economy’s central bank digital currency (CBDC), and the Asian nation has been working with some of its allies to expand it beyond its borders. In the past week, some reports have indicated that the Chinese government has linked the e-CNY to over a dozen countries in Asia and the Middle East. Elsewhere, Pakistan is accelerating its digital asset push, and this time, its top security agency has proposed a regulatory framework that seeks…
Bangkok, Thailand, April 25th, 2025, Chainwire Saison Capital, BRI Ventures, and Coinvestasi have officially launched Tokenize Indonesia, a new accelerator program aimed at identifying and supporting Real-World Asset (RWA) start-ups in the blockchain and tokenization space. The initiative seeks to drive innovation and adoption of tokenized assets in Indonesia, building on findings from the November 2024 report “Project Wira – Indonesia’s Asset Tokenization Opportunity”, which estimates a US$88 billion market potential for asset tokenization in the country. Tokenize Indonesia will run from April to August 2025, and shortlisted start-ups will run Proof Of Concepts (POCs) with leading corporations across Indonesia,…
Amid fierce competition among Layer 1 blockchains, Sei Network is steadily carving out its position with remarkable progress, both in terms of technical performance and strategic vision.From boasting one of the fastest transaction speeds in the market to bold moves like considering an acquisition of genetic testing firm 23andMe, Sei is rapidly becoming a standout in the eyes of institutional investors.Canary Capital Files for SEI Staking ETF, Paving the Way to Wall StreetIn a pivotal development, Canary Capital – a Delaware-based investment firm, has officially filed for approval of a staking ETF tied to SEI. If approved by the U.S.…
The US Securities and Exchange Commission (SEC) has delayed a decision on whether to approve a proposed exchange-traded fund (ETF) holding Polkadot’s native token, regulatory filings show. According to an April 24 filing, the regulator has extended its deadline for a final ruling until June 11, nearly four months after the Nasdaq sought permission to list Grayscale Polkadot Trust on Feb. 24. Grayscale’s ETF filing adds to a roster of roughly 70 proposed ETFs awaiting SEC approval, including funds holding altcoins, memecoins, and crypto-related financial derivatives, according to Bloomberg Intelligence. Asset managers are pitching ETFs for “[e]verything from XRP, Litecoin and Solana…
Zora – once hailed as a promising NFT infrastructure platform, has come under fire following the launch of its ZORA token airdrop. Rather than being celebrated, the event quickly drew widespread criticism due to its controversial tokenomics, unclear utility, and an execution process that many users described as poorly managed.Lack of Utility, Lack of Trust in a “For Fun” TokenZORA has been described as a token with no clearly defined benefits for holders. The project openly stated that the token carries no governance rights, no equity representation, and plays no essential role in the operation of the platform. On its…