Author: Yeek.io
Blockchain infrastructure provider Reservoir is sunsetting its NFT services just two months after raising $14 million to expand its tools to new marketplaces. Reservoir, a crypto infrastructure startup that secured $14 million in Series A funding earlier this year, will shut down its NFT API and associated services on Oct. 15, the project revealed in an X announcement on Thursday, April 24. “After much consideration, we’ve decided to sunset Reservoir NFT, the API, and associated services on October 15th, 2025. Thank you to all our customers & partners for your trust and support over the years.” Reservoir Reservoir is known…
Cryptocurrency asset manager Canary Capital has registered a statutory trust in Delaware for a staked Sei ETF. According to an April 23 entry on the Delaware Division of Corporations website, the trust was officially filed under the name “Canary Staked SEI ETF Trust”. This filing represents the formal creation of a legal structure that could eventually hold and manage the fund’s assets. Sei is a proof-of-stake blockchain network designed for high-speed trading applications. As of April 24, 2025, its native token, SEI, has a market capitalization of approximately $982 million. Staking SEI tokens currently offers an annualized yield of roughly…
Here’s the real deal – Musk did talk about stepping back from “DOGE” starting May 2025. But he meant the Department of Government Efficiency – A cost-slashing project he helped with for the Trump administration. He announced this during a Tesla earnings call, saying he needed more bandwidth for his car company after some rough financial waters. He wasn’t talking about the Shiba Inu coin we all know. Just to hammer it home, Musk himself poured cold water on the crypto connection back in April 2025. At a town hall, he basically said, “Nope, the government isn’t using Dogecoin.” The…
The Federal Bureau of Investigation (FBI) received over 149K complaints regarding crypto fraud in 2024. The Bureau recorded $9.3 billion losses spread across various crypto-related investment scams, extortion, ATM and kiosks, among others.Per the FBI’s Internet Crime Complaint Center (IC3) report, cryptocurrency-related fraud last year was up 66% from 2023’s $5.6 billion.“Cryptocurrency has become an enticing means to cheat investors, launder proceeds, and engage in other illicit schemes,” Chad Yarbrough, operations director for the FBI’s criminal and cyber branch, wrote.Further, the report highlighted that ransomware was the most prevalent threat to critical infrastructure, with complaints rising 9% from 2023.Christopher Delzotto,…
Crypto exchange KuCoin has announced the official launch of its fully licensed Thailand platform as a part of its global expansion. According to an April 23 announcement, the new platform will operate under ERX Company Limited, which recently received a crypto exchange licence from Thailand’s Securities and Exchange Commission. As part of the collaboration, ERX has rebranded as KuCoin Thailand, allowing KuCoin to offer regulated access to digital assets and trading services in the country. Commenting on the development, ERX CEO Att Tongyai Asavanund said KuCoin’s “global infrastructure and resources” would allow the company “to deliver localized solutions tailored for…
Binance has announced that it will remove all spot trading pairs for ALPACA, PDA, VIB, and WING tokens on May 2. According to a notice published on April 24, the crypto exchange said it will remove all trading pairs linked to Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING) as part of its latest round of token reviews. The delisting will take effect on May 2, 2025, at 03:00 UTC, and any open orders on the affected pairs will be automatically canceled at that time. Binance will also pull the plug on its spot trading bots for…
Homepage > News > Business > India, Finland boost tech, digital ties amid trade discussions India’s Prime Minister Narendra Modi and the President of the Republic of Finland, H.E. Alexander Stubb, reiterated their commitment to strengthen further and deepen their partnership, including in the areas of quantum, advanced telecommunications like 5G and 6G, artificial intelligence (AI) and cybersecurity. In a telephone conversation, both leaders also reviewed the ongoing collaboration between the two countries, including in digitalization, sustainability and mobility. “Had a fruitful conversation with President Alexander Stubb. Finland is an important partner country in the EU (European Union). We are…
Ethereum is showing signs of renewed strength on-chain and in price action, with active addresses spiking and the ETH price finally breaking past a key resistance level that had held it back for over a week. According to data shared by CryptoQuant analyst Carmelo Alemán, between Apr. 20 and Apr. 22, the number of active Ethereum (ETH) addresses increased by almost 10%, rising from about 306,000 to over 336,000. This uptick indicates increasing network participation at a time when ETH is beginning to regain some bullish momentum. Although they are not a guarantee of upward movement, spikes in address activity…
Russia’s finance ministry and central bank are reportedly planning to launch a crypto exchange for qualified investors under an experimental legal regime.The platform will be aimed at “super-qualified investors,” Finance Minister Anton Siluanov said during a ministry meeting, according to April 23 reports from Russian media group RBC and Russian news agency Interfax.“Together with the central bank, we will launch a crypto exchange for super-qualified investors. Crypto assets will be legalized, and crypto operations will be brought out of the shadows,” he said in a statement translated from Russian.“Naturally, this will not happen domestically, but as part of the operations…
Strategy founder Michael Saylor shared why recently appointed United States Securities and Exchange Commission Chair Paul Atkins may be good for business in a post published to X on Tuesday.Atkins Promises Principled Crypto Regulation“SEC Chairman Paul Atkins will be good for Bitcoin,” Saylor said in an April 22 post with a video of the SEC head affirming his commitment to digital asset regulation. SEC Chairman Paul Atkins will be good for Bitcoin. pic.twitter.com/E4SjdCqWBE— Michael Saylor (@saylor) April 22, 2025 “A top priority of my chairmanship will be to provide a formal regulatory foundation for digital assets,” Atkins said during his…