Author: Yeek.io

Key Takeaways Which assets were affected in the hack? SOL, USDC, and several DeFi and meme tokens, including BONK, JUP, RAY, RENDER, ORCA, and PYTH. How did Upbit respond? The exchange froze Solana-related services, launched a security audit, and pledged to fully compensate all user losses. Upbit, South Korea’s largest crypto exchange, has been hit by a major security scare after detecting unauthorized withdrawals worth roughly 54 billion KRW ($36–38 million) in Solana-based assets. ‘We will cover the entire loss’ The funds moved to an unidentified external wallet, prompting an immediate freeze on all Solana deposits and withdrawals. The incident,…

A new set of stablecoin transfers has pushed Pump.fun back into the spotlight as questions over its recent activity resurface. Summary Pump.fun sent another $75M USDC to Kraken, bringing total transfers since Nov. 15 to $480M. The team denies cashing out, saying the movements are part of treasury management using USDC raised from its ICO. PUMP trades at $0.00294, down 38% over the month, with analysts expecting further weakness. Pump.fun moved another $75 million in USDC to Kraken on Nov. 27, a shift that has revived questions about the project’s recent stablecoin activity.  According to an analysis shared by EmberCN, the team has now deposited roughly $480 million…

Key Takeaways  What explains Fartcoin’s 12% surge? Higher trading activity, stronger liquidity, and consistent buyer pressure fueled the rebound. Which factors support Fartcoin’s chance of breaking past resistance? Dominant CVD flow, rising Open Interest, and increasing long exposure strengthen the breakout setup. Fartcoin posted a sharp upswing as its price climbed 12% in 24 hours to trade near $0.305. Daily volume hit $192.7 million and market cap moved above $305 million, reflecting renewed interest after weeks of softer activity. Furthermore, liquidity improved as traders rotated toward speculative assets that show stronger short-term strength. The broader market still presents elevated volatility,…

Key Takeaways Why did PENGU suddenly jump 11%? The spike was driven mainly by a surge in derivatives activity—especially long positions from OKX traders. What’s stopping PENGU from breaking higher? A long-standing descending resistance line sits directly overhead, posing a major structural barrier that has repeatedly rejected upward moves. The tides have changed. After a month of significant outflows that led to a 49% price drop, PENGU has started gaining renewed attention among market participants. This growing interest has translated into an 11% price increase. However, the recent surge remains under threat, with new structural risks emerging. PENGU faces structural…

Key Takeaways Why are SPX6900 holders rising, but the price still lagging? The price of SPX was lagging, but capital was flowing from holders, indicating a period of accumulation. Will liquidity clusters pull SPX price back to its lows? Since more orders were resting below current price action, SPX appeared more likely to drop than rise if liquidity was to determine direction. The memecoin sector was up by about 3% in the past 24 hours, reaching $42.01 billion, while volume spiked by 11%, about $4.96 billion at the time of writing. In particular, SPX6900 rose by more than 7% on…

Key Takeaways Why is BONK up today? Because buyers — especially whales — stepped in aggressively after the recent dip, flipping market dominance back to the buy side. What confirms the renewed demand? A 111% surge in volume, 4.3T in buy orders over three days, and a positive Buy-Sell Delta of 300B signal strong accumulation. After a period of prolonged downtrend, BONK reached a bottom. The memecoin has closed at higher highs since hitting a local low of $0.00000844 four days ago.  In fact, on the daily charts, Bonk [BONK] rallied 13.25%, hitting a high of $0.0000103 before slightly retracing to $0.00001007 at…

Quick take: Fordefi is renowned for its multi-party computation (MPC) wallet architecture, policy engine, and deep decentralized finance integrations. Fordefi will continue operating its product independently, and customers can continue using the product as usual. Paxos plans to integrate Fordefi’s technology and operations into its infrastructure over time. Paxos, the stablecoin infrastructure platform renowned for issuing multiple stablecoins, including PayPal’s Pay USD (PYUSD), Pax Dollar (USDP), and Global Dollar (USDG), and the gold-backed digital asset Pax Gold (PAXG), has announced the acquisition of custodial and Multi-party computation wallet infrastructure company Fordefi. The deal was reportedly worth more than $100 million,…

Quick take: The $175 million purchase is comprised of cash on hand and financing from Galaxy Digital secured using Exodus’s Bitcoin holdings. The acquisition allows Exoducs to issue crypto payment cards through the likes of Visa, Mastercard, and Discover. Baanx and Monovate have already been working with the three card service providers that develop crypto cards. Bitcoin and crypto wallet service provider, Exodus Movement (NYSEAmerica: EXOD), announced the acquisition of W3C for $175 million, the parent organization of the crypto card and payments companies Baanx and Monovate. According to the announcement, the acquisition is comprised of cash on hand and…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The web has always evolved around how humans interact with information. In the early internet — the PC web — humans searched manually. Discovery was powered by keywords, and companies like Google monetized attention through clicks and ads. Summary The agentic web shifts control from users to autonomous agents, requiring a new trust layer because traditional metrics like clicks and engagement can’t govern machine-to-machine decision-making. Crypto provides that trust layer, enabling verifiable data, provenance, and incentives —…

Key Takeaways Why does the first U.S. spot Dogecoin ETF matter? Because a $22 billion memecoin is treated as a serious asset by U.S. regulators and Wall Street. What does this mean for crypto’s future? Culture-driven coins — and internet communities — now influence mainstream financial markets. The line between “serious asset” and “silly meme” has always been thinner than people liked to admit. And now, Dogecoin ETFs sit on the same shelf as blue-chip ETFs, and no one is laughing it off. If anything, this listing is bigger than Dogecoin itself. It means that humor and speculation can coexist…