Author: Yeek.io

Arizona’s Digital Asset Reserve bill is heading to a final House vote after clearing the Committee of the Whole. On April 17, Arizona’s State Bill 1373, also referred to as the Strategic Digital Asset Reserve Bill, moved one step closer to becoming law after being approved by the full House in a preliminary review. SB 1373, also known as the Strategic Digital Assets Reserve Bill, proposes the creation of a fund composed of digital assets seized in criminal proceedings.  The state treasurer would manage the fund and be authorised to invest up to 10% of its total value in digital…

Homepage > News > Business > Ian Grigg on blockchain concepts, Triple Entry Accounting On this special episode of the CoinGeek Weekly Livestream, Kurt Wuckert Jr. welcomed legendary financial cryptographer and inventor of the Ricardian Contract, Ian Grigg. The conversation covered accounting, identity, and blockchain’s potential role in both. title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> Welcome, Ian Grigg! Wuckert introduces Grigg, telling us how he was an early pioneer of the concepts many think are new in blockchain today. Grigg was involved in the early Internet and helped shape some of its culture…

The synthetic stablecoin sUSD, long pegged to the U.S. dollar and core to the Synthetix ecosystem, has dramatically lost its peg, falling as low as $0.68. What initially appeared to be a minor deviation has since spiraled into a month-long crisis, exposing deep structural vulnerabilities and unsettling the broader DeFi community. #PeckShieldAlert $sUSD has depegged, falling below $0.7 pic.twitter.com/e5FnOodSeV— PeckShieldAlert (@PeckShieldAlert) April 18, 2025 The root of the issue lies in the protocol’s transition to a new debt and collateralization mechanism under SIP-420, a change designed to improve capital efficiency that has inadvertently dismantled one of the key forces that…

Crypto investor sentiment took another significant hit this week after Mantra’s OM token collapsed by over 90% within hours on Sunday, April 13, triggering knee-jerk comparisons to previous black swan events such as the Terra-Luna collapse.Elsewhere, Coinbase’s report for institutional investors added to concerns by highlighting that cryptocurrencies may be in a bear market until a recovery occurs in the third quarter of 2025.Mantra OM token crash exposes “critical” liquidity issues in cryptoMantra’s recent token collapse highlights an issue within the crypto industry of fluctuating weekend liquidity levels creating additional downside volatility, which may have exacerbated the token’s crash.The Mantra…

EPT, the native token of Balance, an AI-powered Web3 gaming and social platform, is set to debut on Binance’s Alpha and Futures platforms next week. Binance’s announcement comes ahead of the project’s long-awaited Token Generation Event, which is expected to take place shortly before the listings go live.  While the exact timing hasn’t been confirmed, the Balance team hinted in an X post on April 14 that the TGE is “just around the corner.” As per Binance’s official announcement on April 18, EPT will go live on Binance Alpha on April 21 at 12:00 PM UTC. Binance Alpha is an…

Ethereum’s price was in a tight range this week as crypto investors remained on the sidelines and exchange-traded fund outflows rose. Ethereum (ETH) was trading at $1,580 on Friday, where it has remained throughout the week. It has risen by 14% from its lowest point this month. Ethereum continues to face many challenges, especially the rising competition from layer-2 networks like Base and Arbitrum (ARB). Other layer-1 networks like Sui (SUI) and Solana (SOL) have continued to gain market share in industries like decentralized finance and gaming.  Most tellingly, spot Ethereum ETFs have continued to shed assets this year. These…

The crypto market in April 2025 is buzzing with early-stage opportunities. But with so many tokens vying for attention, how do you separate hype from actual potential? The answer lies in identifying projects with working products, active presales, and strong fundamentals. These are the investments that deliver not just speculation, but scalable value. If you’re seeking short-term gains with long-term vision, these are the Leading 5 Cryptos to Watch in April 2025. Leading the pack are five standout tokens: BlockDAG, Web3Bay, Cold Wallet, Dragoin, and Web3 ai. Each is solving a unique problem in the Web3 space—whether it’s blockchain speed, e-commerce decentralization,…

Key Takeaways: The initiative will pilot the digital yuan in retail and event-based settings, incorporating it in everyday transactions. Local authorities will pair digital currency usage with infrastructure upgrades and flagship retail development. National regulators have recently warned of scams misusing the digital yuan name, reinforcing the need for clear communication around official channels. The Department of Commerce of Zhejiang Province has issued a new strategy to strengthen the province’s “first-launch economy,” with a focus on debut store openings, product showcases, and flagship brand development with digital yuan. The plan, released on April 17, outlines a roadmap through 2027 to…

The hacker who exploited a decentralized exchange, KiloEx, for $7.5 million has unexpectedly returned all the money that was stolen, just four days after the hack.KiloEx halted operations for a while after the exploit to evaluate the harm and get over the breach. The wallet address connected to the breach, however, returned almost $5.5 million worth of cryptocurrency, which was a noticeable event.On April 18, the blockchain security company PeckShieldAlert announced that the money had been returned, pointing out that the transaction had taken place minutes before KiloEx’s formal declaration. Soon after, the exchange tweeted that the stolen assets had…

HashKey Capital launched the HashKey XRP Tracker Fund, Asia’s first investment fund tracking XRP. Backed by Ripple as the anchor investor, this fund targets professional investors, offering exposure to XRP without direct ownership. This collaboration marks a significant step in expanding institutional crypto adoption in Asia, leveraging Ripple’s expertise and HashKey’s regional influence.Source: Hashkey CapitalToday, HashKey Capital unveiled the HashKey XRP Tracker Fund, an initiative designed to track the performance of XRP. As the first such fund in Asia, it provides professional investors with a regulated, accessible way to access XRP without direct ownership, such as managing crypto wallets or…