Author: Yeek.io

Quick take: The latest funding brings the total raised to $17 million, according to Lyron Co Ting Keh, Seismic founder and CEO. The announcement comes at a time when blockchain users are becoming more conscious about the safety of their data, according to a recent report by a16z crypto. Seismic plans to use the fresh capital to expand its offerings, like on-and-off ramping from fiat into crypto and card programs. Seismic, a Web3 security startup, has raised $10 million in a funding round led by Andreessen Horowitz crypto investment arm, a16z crypto. The fundraising also attracted participation from Polychain, Amber…

Quick take: The round brings the total raised to nearly $90 million, following a $21 million unreported funding in 2024 led by Haun Ventures and Craft Ventures. Lighter operates a custom layer-2 exchange on Ethereum, which focuses on verifiable matching and liquidations. The Perp DEX platform was developed by Vladimir Novakovski, who graduated from Harvard at 18 years and worked as an engineer at Citadel. Lighter, the decentralized perpetual futures trading platform, has raised $68 million in a funding round co-led by Peter Thiel’s Founders Fund and Ribbit Capital, with participation from Haun Ventures and Robinhood. According to the report…

Startale Group has unveiled a super app designed to serve as the an all-in-one platform for the Soneium ecosytem. The app will facilitate TGEs, airdrops and rewards for Soneium. Summary Startale has launched its Ethereum Layer-2 “super app” that serves as the main consumer platform for Sony’s blockchain, Soneium. The app enables user participation in Soneium airdrops, loyalty rewards, and token generation events while removing Web3 friction through Account Abstraction, gas-free transactions, and seed phrase-free wallet management. According to a press release sent to crypto.news, the company launched the app on Ethereum’s Layer2 infrastructure with support from the Ethereum Foundation.…

Key Takeaways What triggered the recent rally in the TRUMP memecoin?  The rally was driven by renewed investor confidence following the U.S. government shutdown resolution and rising liquidity.  What could impact TRUMP’s ability to sustain its bullish momentum?  Profit-taking by whales and failure to break above key resistance levels could stall the uptrend. Official Trump [TRUMP]  broke out of a multi-month descending channel validated by a move above $9, hitting a high of $9.56.   As a result, the memecoin jumped above its short-term Moving Averages —EMA 20, 50, and 100, signaling a strengthening uptrend.  In fact, at the time of…

Pepe Coin price remained under pressure despite the ongoing crypto market rebound and positive whale activity.  Summary Pepe Coin price remains on edge despite the ongoing crypto market rally. The token also dropped as whales resumed their purchases. Technicals suggest that it has more downside in the near term. Pepe (PEPE), the second-largest Ethereum (ETH) meme coin, traded at around $0.0000061 at last check on Monday, down 63% from its August high.  Data compiled by Nansen shows that whales have resumed buying Pepe as they expect a potential rebound. These whales now hold 4.19 trillion tokens, up by 800 billion…

Key Takeaways Why has PENGU rallied today? A market-wide rebound lifted Bitcoin by 4.3%, while PENGU surged 12.8% alongside stronger altcoin momentum. Is this recent move sustainable? Sustained buying volume and improving sentiment are key for PENGU bulls to maintain gains. The $0.016 zone remains critical in the short term. Over the past 24 hours, Bitcoin [BTC] rallied from $101.7k to $106.1k, a 4.3% move. This Bitcoin impetus has given altcoins some short-term upward momentum as well. The altcoin market cap, excluding Ethereum [ETH], rose by 3.74%, or $35.3 billion. Pudgy Penguins [PENGU] was one of the popular memecoins that benefited…

Shiba Inu price jumps as hopes of the U.S. government shutdown end and $1T liquidity boost lift memecoins, eyeing a breakout above $0.00001050. Summary Shiba Inu price has reclaimed key support at $0.00000998 and is now targeting a breakout above $0.00001050, which could open the path toward $0.000013. Optimism over a potential end to the U.S. government shutdown and the return of $1 trillion in liquidity have boosted sentiment across risk assets like memecoins, benefiting Shiba Inu price. Shiba Inu price technical analysis Shiba Inu (SHIB) price is breaking out of a descending channel, having recently rebounded from its lower…

Key Takeaways Is there evidence that sentiment has turned bullish for Dogecoin? No, the Elon Musk post a few days ago and the recent price bounce saw a brief spike in social media engagement, but nothing sustained to reverse the downtrend. What should DOGE traders expect now? The $0.18-$0.19 was a key resistance zone and a rejection from here was underway, with the next price targets being $0.15 and $0.13. Dogecoin [DOGE] and the memecoin market have shed 31% in value over the past month, according to CoinMarketCap data. Elon Musk’s post on X saw a social media buzz that…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In one sense, web3 is a rethink and basic improvement on web2 because it is decentralizing the front-end of the internet, ensuring that centralized services are not custodians of our data, our money, our lives, and so on. However, there is still one big problem confronting web3: What about the back-end? Summary Web3 aims to decentralize the internet’s front-end, but its back-end remains dependent on centralized cloud providers like AWS, leaving blockchains vulnerable to outages and control…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. TikTok had a good run in the United States, but I believe this is about to change, especially given the sale of its operations and a copy of its algorithm to a consortium of investors that includes Oracle, Silver Lake, and a number of others yet to be determined. This consortium is slated to take over the U.S. operations of TikTok, probably sometime early next year. Summary TikTok’s U.S. operations are being sold to a consortium led…