Author: Yeek.io

The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS).In an April 15 report, the BIS warned that the number of investors and amount of capital in crypto and decentralized finance (DeFi) have “reached a critical mass,” with investor protection becoming a “significant concern for regulators.”The size of the crypto market signals that authorities should be worried about the “stability of crypto over and above the role it may have for TradFi and the real economy,” the report states, highlighting the role of stablecoins, which…

Dogecoin’s $0.15 support level under intense scrutiny. Other market participants are absorbing the sell-side pressure. Dogecoin bleeds beneath the weight of its own giants.  In just a week, 570 million DOGE have slipped from whale hands into the abyss, a quiet flood of capitulation. On-chain, the Spent Output Profit Ratio (SOPR) ticks red. In short, each coin moved marks a loss realized, a story of fading FOMO. Yet despite the bearish undercurrent, DOGE has limited its weekly decline to just 1.50%, with price consolidating around the $0.15 mark.  According to AMBCrypto, this resilience hints at buy-side strength – perhaps from…

Web3 and blockchain-focused investment fund ABCDE is halting new investments, but the $400 million fund remains committed to supporting its existing projects.In an April 19 X post, ABCDE co-founder and Huobi exchange founder Du Jun said the $400 million fund will no longer invest in new projects or raise capital for the second phase of the fund.However, Jun said the fund will continue to “post-investment support and exit arrangements of existing projects” to ensure the firm’s commitment to entrepreneurs and liquidity providers (LPs).“My personal work focus will also gradually shift from financial investment in the primary market to strategic investment-led…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Our timelines were just filled with a bunch of pastel Miyazaki’s ghosts. Studio Ghibli-style AI generations have become the internet’s new favorite aesthetic. PFPs and marketing campaigns were reborn overnight in the watercolor warmth of Spirited Away. Selfies rendered as soot sprites.  The results are charming yet deeply unsettling. Why? Because Hayao Miyazaki didn’t draw them––and no one asked permission. This isn’t just a copyright problem. It’s an authenticity problem where there is a growing inability to…

Slovenia’s Finance Ministry is considering a possible 25% tax on crypto trading profits for residents in the country under a new draft law now open for public consultation. The bill proposes to tax traders when they sell their cryptocurrency for fiat or pay for goods and services, but crypto-to-crypto and transfers between wallets owned by the same user will be exempt, Slovenia’s Finance Ministry said in an April 17 statement.Under the proposed legislation, crypto tax will be aligned with existing tax laws. Slovenia taxpayers will be required to keep a record of all their transactions for annual tax returns. The tax…

Ripple is a global network created to facilitate low-cost, ultra-fast, borderless transactions for a range of businesses, individuals, and even financial institutions. The ecosystem is built around the network’s native asset, called XRP, which also acts as a crucial bridge currency for transfers of value from fiat currencies or other cryptos.XRP was originally called Ripple Labs Inc. and leverages a unique consensus mechanism in its blockchain to validate transactions with blinding speed. This removes the need for centralized intermediaries, cuts transaction fees, and makes settlement in real-time possible. In short, Ripple hopes to revolutionize how money moves through financial networks.…

A hacker behind the $7.5 million KiloEx exploit returned all the stolen funds four days after the attack.Decentralized exchange (DEX) KiloEx had suspended platform operations after suffering the $7.5 million exploit, Cointelegraph reported on April 15.In a surprising turn of events, the wallet address behind the exploit has returned all of the stolen cryptocurrency loot to the DEX. “#KiloEx exploiter -labeled addresses have returned ~$5.5M worth of cryptos to #KiloEx,” according to an April 18 X post from blockchain security platform PeckShieldAlert.Minutes after the transfer occurred, KiloEx announced the full recovery of all the stolen funds, the exchange wrote in an…

As blockchain technology expands, new mechanisms emerge to enhance security, scalability, and financial opportunities within decentralized networks. These advancements allow you to actively participate in shaping the future of finance and earn rewards while supporting cutting-edge systems.This guide will explain what restaking is, how it differs from staking, and its purpose in cryptocurrency. It will also cover liquid restaking tokens, safety concerns, and top protocols besides EigenLayer.What Is Restaking in Crypto?Restaking in cryptocurrency means you can use your staked tokens to secure additional blockchain protocols. In proof-of-stake systems like Ethereum, you need to lock tokens to validate transactions and earn…

TL;DRThis guide shows you how to set up and use a crypto hardware wallet, using the Trezor Safe 3 as an example. You’ll learn to safely store Bitcoin, Ethereum and other assets offline, with clear steps for wallet setup, seed phrase backup, PIN protection and secure transaction signing. The article also explains how to connect your hardware wallet to MetaMask for use with DeFi platforms and NFTs – all while keeping your private keys offline. Whether you’re comparing the best hardware wallets in 2025 or need a crypto wallet tutorial for receiving and sending funds, this guide has you covered…

Global grocery giant Spar has rolled out Bitcoin-based payments in a Swiss city, marking another step in the growing adoption of cryptocurrency for everyday transactions.A Spar supermarket in Zug, Switzerland, has implemented Bitcoin (BTC) payments via the Lightning Network.The store’s Bitcoin payments went live on BTC Mao, a community-driven project highlighting stores that accept BTC payments, DFX Swiss, a crypto-to-fiat payment solution firm, announced in an April 17 LinkedIn post.“This SPAR location is among the first supermarkets in Switzerland where you can pay directly at the checkout using Bitcoin (via LNURL), thanks to our new hashtag#OpenCryptoPay solution, an open P2P…