Author: Yeek.io

The Movement Network Foundation, a prominent blockchain entity, is grappling with a controversy involving “market maker abnormalities” tied to its token, $MOVE. The situation has drawn attention to co-founder Rushi Manche, with conflicting reports about his status at Movement Labs. The situation has led to market uncertainty, impacting MOVE’s price and raising questions about the project’s governance and transparency.Movement Market Maker IrregularitiesIn March 2025, Binance identified a market maker dumping 66 million MOVE tokens at Movement Labs shortly after their listing, triggering a sharp price drop. This incident contradicted the market maker’s role of ensuring liquidity and price stability through…

Russia should develop its own stablecoins, a senior finance official said on Wednesday, after USDT wallets linked to the country were frozen last month, disrupting digital transactions and raising concerns over reliance on foreign-issued tokens.Osman Kabaloev, deputy head of the Financial Policy Department at the Finance Ministry, said on Wednesday that Russia should consider creating domestic alternatives to popular stablecoins like USDT, Reuters reported Wednesday.Blocked USDT Wallets Push Russia to Explore Local Stablecoin Options“The recent blockage makes us think that we need to consider creating internal tools similar to USDT, possibly pegged to other currencies,” he said. According to Reuters,…

Billionaire Mike Novogratz’s Galaxy Ventures Fund I LP is on track to raise up to $180 million by June to back early-stage crypto and blockchain startups, with a focus on payments and stablecoins. According to unnamed sources cited in an April 17 Bloomberg report, the fund has already surpassed its initial $150 million target and is expected to close with between $175 million and $180 million.  The final close is scheduled for the end of June. Galaxy has not made the figures public, and a spokesperson declined to comment. Galaxy Ventures Fund I invests in early-stage companies building infrastructure and…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Yesterday, OKX entered the United States. With several changes and new things to adapt to the U.S. market and users, the crypto market is excited about what will happen. Let’s see!OKX Entered the US MarketOn April 16, 2025, OKX made a bold move by officially launching its services in the US, as announced in a post on X and an official announcement on their learning hub.🇺🇸 Bringing a New Alternative to America 🇺🇸We’re officially launching in the US with our centralized exchange & powerful multi-chain Web3 Wallet.Roshan Robert will lead our expansion as US CEO, and our headquarters will be…

Homepage > News > Business > India deepens ties with Thailand on innovation, trade India and Thailand have reached a mutual understanding to deepen their collaboration across several advanced technology sectors. The two nations plan to expand joint efforts in areas such as digital innovation, electric mobility, robotics, space exploration, biotechnology, as well as entrepreneurial ventures and startups. Beyond improving infrastructure links, they are also prioritizing the development of financial technologies and enhancing digital networks to foster stronger economic and technological ties. Recognizing both the strong foundation of their current collaboration and the significant opportunities for deeper engagement—not only on…

BONK has been trading within a descending channel for a month Liquidation cluster near the channel highs could pull the price higher in the coming days Bonk [BONK] has continued to exhibit a bearish facade on the 1-day timeframe. Over the past month, the $0.0000099-level has been tested twice. This level was a crucial support back in January 2024. If the prevailing downtrend continues, the 2024 low might be surpassed by BONK‘s bears. BONK tries to form a long-term bottom above the early 2024 support level Source: BONK/USDT on TradingView Since March, a descending channel has appeared to be in…

Here’s how you can position yourself early and maximize your chances of earning from the upcoming $TOWNS airdrop – one of the most anticipated SocialFi project on the Base network.What is Towns?Towns is a messaging protocol built on the Base ecosystem. As one of the pioneers in the SocialFi space, Towns aims to build a decentralized group communication platform, similar to Discord, but powered by blockchain to ensure true ownership and control for users.Currently, Towns is gaining strong momentum, backed by impressive metrics:Over 1 million memberships purchasedMore than $4.2 million in total transaction volumeOver 332,000 chat groups (Towns) createdTowns has…

Crypto market maker DWF Labs announced a $25 million investment in World Liberty Financial, the decentralized finance (DeFi) project backed by US President Donald Trump and his sons, as the company expands into the United States with an office in New York City. On April 16, Dubai-based DWF Labs said it had purchased World Liberty Financial (WLFI) tokens through a private transaction.The firm said the transaction reflects its intent to participate in WLFI’s governance. As tokenholders, DWF Labs will be able to vote on decisions that impact the ecosystem.WLFI launched on Sept. 16, 2024, to promote DeFi and US dollar-pegged stablecoins.…

Ethereum has slipped below the $1,600 mark, but on-chain and technical signals hint that the market may be entering a key accumulation phase.  According to an Apr.17 analysis by CryptoQuant contributor abramchart, Ethereum (ETH) is trading near its realized price level, historically a zone that has preceded significant rebounds. The realized price, currently around $1,585, has served as a reliable signal of deep-value accumulation.  Every major bull run in ETH’s history has started when the price fell to or below this level. Ethereum is approaching the lower band of the realized price model, indicating market cooling and potentially priming long-term…