Author: Yeek.io

In a year already marred by mounting concerns about user safety, a new report from DappRadar revealed that crypto rugpulls have stolen nearly $6 billion from the ecosystem since the beginning of 2025.This is a staggering 6,499% surge from the $90 million recorded during the same period last year. According to DappRadar’s blockchain analyst Sara Gherghelas, 92% of the total damage is attributed to a single incident: the suspected rug pull orchestrated by Mantra Network, a DeFi project on the Polygon blockchain. While the investigation into Mantra is ongoing, its sheer scale has already made it one of the most…

Mantra OM, the native token of the MANTRA DAO ecosystem, recently experienced a historic crash in April 2025, plunging over 90% in just a few hours. This event not only sent OM’s price tumbling from multi-dollar highs to below $1 but also severely shook investor confidence in the project. This article will provide a comprehensive analysis of the crash’s impact, assess OM’s price trends across short to medium-term timeframes, examine key influencing factors (overall market conditions, macroeconomic news, tokenomics, and the development team), and offer insights into the risks and investment opportunities surrounding OM at this critical juncture. OM’s April…

Homepage > News > Finance > VASPs top Q1 funding in SEA amid dip in startup investment The fintech industry in Southeast Asia recorded a fifth consecutive quarterly drop in startup investment as global socioeconomic and political factors take their toll. However, virtual asset service providers (VASPs) were the best performers, with Singapore dominating the region’s funding charts, a new report reveals. Elsewhere, salary payments via digital platforms continue to struggle in Japan, accounting for a mere 3% of all payments. VASPs shine as SEA startups struggle In the first quarter of the year, SEA startups attracted $193 million in…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Over the past decade, the tokenized credit market has soared to new heights. The industry, which converts traditional credit products, such as loans, bonds, or other debt instruments, into digital tokens that exist on a blockchain, has helped to democratize the world of investment for more participants, with each token issued representing a fraction of the underlying credit asset. This fractionalisation allows the token to be easily traded, transferred, and managed on decentralised platforms.   To date, $10…

Binance has announced the launch of Balance (EPT) on Binance Alpha and $EPT/USDT on Perpetual Contracts.Listing DetailOn Perpetual Contracts:EPT listing date: 2025-04-21 13:00 (UTC)Maximum leverage: 20xCapped Funding Rate: +2.00% / -2.00%Besides, Balance will be available on Binance Alpha starting 2025-04-21 12:00 (UTC). To mark the launch, all eligible Binance users with a purchase history on Alpha will receive a 3,500 EPT token airdrop in their Alpha account before April 21, 2025, 12:10 (UTC).An eligible user is one who has traded on Binance Alpha using spot or funding accounts on Binance from 2025-04-11 00:00:00 (UTC) to 2025-04-17 23:59:59 (UTC).Read more: Binance…

Altcoins may see a resurgence in the second quarter of 2025 as regulations for digital assets continue to improve, according to Swiss bank Sygnum.In its Q2 2025 investment outlook, Sygnum said the space has seen “drastically improved” regulations for crypto use cases, creating the foundations for a strong alt-sector rally for the second quarter. However, it added that “none of the positive developments have been priced in.” In April, Bitcoin dominance reached a four-year high, signaling that crypto investors are rotating their funds into an asset perceived to be relatively safer. Still, Sygnum said regulatory developments in the US, such as President…

Locals in Yemen have turned to decentralized finance as a way to navigate sanctions imposed by the United States that have cut off access to traditional banking services. According to blockchain intelligence firm TRM Labs, some Yemenis are increasingly using DeFi protocols to send and receive funds, manage remittances, and bypass disruptions to local financial services. Over 63% of Yemen’s crypto-related web traffic is now tied to DeFi platforms, while global centralized exchanges account for just 18%, according to TRM’s data. The trend follows several rounds of US sanctions targeting the Houthis and Yemen’s financial infrastructure. Most recently, on April…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Ethereum transaction fee has dropped to the lowest level in years recently. Here’s what this could mean for ETH’s price. Ethereum Average Fees Now Valued At Just $0.168 In a new Insight post, the on-chain analytics firm Santiment has discussed the latest trend in the Average Fees of Ethereum. The “Average Fees” is a metric that, as its name suggests, keeps track of the average amount of fees that senders on the ETH network are attaching with their transactions. This indicator’s value directly…

Privacy-focused cryptocurrency platform eXch has announced it will shut down on May 1 following heightened international scrutiny over alleged links to North Korea’s Lazarus Group. The decision comes after mounting pressure from what the platform describes as a coordinated transatlantic effort to dismantle the exchange and pursue legal action against its team.In a statement published on online forum Bitcointalk, eXch said its internal vote led to a decision to “cease and retreat” rather than resist regulatory and legal pressure. “None of us want to cause any harm to innocent people or this forum,” the team wrote. It added that the…

TAO rallied as much as 13% on April 18, reclaiming a key support level and pushing its market cap back above $2.2 billion following reports that Nvidia plans to maintain its presence in China despite new U.S. export restrictions. Bittensor (TAO) hit an intraday high of $259.2 during Asian trading hours, according to crypto.news, while daily trading volume jumped over 42% to more than $113 million, signaling renewed interest from traders. The gains followed news that Nvidia CEO Jensen Huang visited Beijing this week and met with Chinese trade officials. During the visit, Huang reaffirmed the company’s commitment to the…