Author: Yeek.io

Cryptocurrency mining has often been compared to the 19th-century California gold rush. These two economic phenomena have gathered people from all over the globe seeking a portion of the most prized assets. Crypto mining started in 2009 when individuals mined Bitcoin assets alongside corporations with highly sophisticated mining rigs. Fast-forward to 2013, when Genesis cloud mining company was founded to respond to the rising mining difficulties and costs. Similar platforms followed, including Hartcoin, equipped with the latest mining technology and algorithms to increase accessibility and reduce mining costs. Hartcoin quickly rose to become the most trusted cloud mining platform offering daily…

VeChain, a layer-1 blockchain platform focused on real-world applications, has added Ultimate Fighting Championship (UFC) CEO Dana White as its newest official adviser to raise more mainstream awareness of blockchain technology.White, also the founder of Power Slap, will join VeChain’s advisory board next to Nobel Prize-winning physicist Konstantin Novoselov to drive real-world blockchain adoption through “complementary expertise in mass marketing and scientific innovation.”“VeChain is an incredible partner for the UFC and Power Slap, and I’m honored to join their advisory board,” White said in a statement shared with Cointelegraph. “I’m passionate about technology, and with their products and innovation, I’m…

April 16, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRSynthetix Q1 Quarterly Report Out NowLast week SNXweave published the quarterly report for Q1 at Synthetix — featuring highlights, challenges, protocol stats, Spartan Council wins, and top memes.Custom Layouts Live on Synthetix ExchangePro-level UI customization: move, resize, hide, and toggle components.Preset layouts, style panel, and one-click reset via the gear icon.Built for traders who like full control of their setup — try it at exchange.synthetix.io.SNX Stackathon OngoingInfinex users earn part of 10K SNX weekly by depositing/swidging SNX.Rewards distributed weekly — must hold at…

Quick take: Neutrl wants to bring hedge fund-style crypto yield strategies to investors using a single token. Digital asset private marketplace STIX and venture firm Accomplice led the seed round, with participation from Amber Group, SCB Limited, Figment Capital and Nascent. Neutrl is targeting to grow to $2 billion in assets in two years as it estimates over $10 billion worth of altcoins set to unlock in the next few years. Neutrl, a decentralised finance (DeFi) protocol and the provider of the synthetic dollar NUSD, has raised $5 million in a seed round led by Digital asset private marketplace STIX…

Maple Finance reached a major milestone, largely due to significant growth in its yield-bearing stablecoin. Maple Finance (SYRUP) has seen significant growth over the past month, which boosted the token’s value. On Wednesday, April 16, SYRUP was up 25%, reaching a daily high of $0.1419, before stabilizing at $0.131. The catalyst for the price was a major milestone for the platform, which reached $1 billion in total value locked. According to data from Dune Analytics, platform TVL has more than doubled since January, when it hovered around the $450 mark. Growth in Maple Finance TVL, by asset | Source: Dune…

Quick take: The acquisition is part of Futureverse’s strategy to bring AI to the forefront in the next chapter of immersive experiences for brands and sports entertainment. Digital Candy boasts a high-profile IP of over 4M digital collectibles and a massive customer base of over 1.5M accounts. It will be integrated into the Root Network, Futurverse’s layer-1 blockchain, which helps address AI-related brand issues like creative rights and ownership. AI and immersive gaming technology provider Futureverse has announced the acquisition of the non-fungible token (NFT) platform Candy Digital. The acquisition represents a major step in Futureverse’s strategy as it aims…

Greek exchange Athens Exchange Group has moved closer to adopting a Sui-based order book following its collaboration with Mysten Labs. On April 16, the Sui (SUI) team announced that Athens Exchange Group, or ATHEX, had finalized the technical design for an onchain fundraising platform that will leverage zero-knowledge proofs on the Sui blockchain. ATHEX’s ZK-powered fundraising platform will help the stock exchange enhance its offering with privacy and speed, bolstering its growth in traditional capital markets. This nod to blockchain innovation and integration follows Sui contributor Mysten Labs’ partnership with the Athens Exchange Group in March 2024. The collaboration between…

Raleigh, United States, April 16th, 2025, Chainwire Film Finance Group International (FFGI), a North Carolina-based film finance innovator, has officially unveiled its upcoming ERC-20 utility token: FFG Token ($FFG). Built to power a transparent, milestone-based film funding ecosystem, FFG Token is an asset-backed token that bridges real-world production workflows with secure, blockchain-based infrastructure. FFG Token is scheduled to go live in the coming weeks, with a capped supply of 1 billion tokens and integrated governance mechanics to allow token holders to vote on curated film projects. Backed by real-world film budgets and anchored by a proprietary on-chain accounting system, the…

President Donald Trump’s escalating trade policies and the recent U.S. ban on NVIDIA selling advanced AI chips to China are causing significant disruptions in the global semiconductor industry. This action could significantly disrupt the AI and Decentralized Physical Infrastructure Networks (DePIN) ecosystems. A Blow to the Semiconductor Supply ChainAccording to BBC, semiconductors, the backbone of modern technology, power everything from iPhones to military jets. These chips, while invented in the U.S., rely on a complex global supply chain. Chips are often designed in the U.S., manufactured in Taiwan, Japan, or South Korea using rare earths mined in China, packaged in Vietnam,…

Key Takeaways: U.S.-backed stablecoins offer European citizens an appealing method for cross-border transactions. The minister expressed concern that the widespread use of these stablecoins could undermine the international role of the euro. The European Central Bank is advancing the digital euro project, which seeks to consolidate European payment systems. According to a Reuters report on Tuesday, Italy’s Economy Minister, Giancarlo Giorgetti, warns that U.S. stablecoin policies could have a more dangerous impact on the euro than the effects of trade tariffs.Speaking at an asset management event in Milan, Giorgetti expressed concern that policies supporting dollar-pegged stablecoins could encourage European citizens…