Author: Yeek.io

Decentralized exchange KiloEX has confirmed it has suspended usage of its platform and is tracing stolen funds after suffering a $7.5 million exploit. The exploit has been contained, with use of the platform suspended and an investigation underway, the KiloEX team said in an April 14 statement to X.“The team has immediately suspended platform usage and is working with security partners to trace the flow of funds,” KiloEX said. “We are analyzing the attack vector and affected assets. We are collaborating with ecosystem partners to trace and recover funds where possible.” Source: KiloEXA bounty program and a full report on how the exploit…

Hong Kong, Hong Kong, April 15th, 2025, Chainwire TermMax is excited to announce the official mainnet launch on Ethereum and Arbitrum, going live on April 15, 2024. TermMax is set to redefine decentralized finance (DeFi) by offering the most efficient leverage solution – fixed-rates borrowing and lending with a single click. The extended features include one-click looping positioning, range orders, and customizable pricing curves. Think of TermMax as Uniswap V3 for borrowing and lending—a platform that combines the flexibility of Uniswap V3 with a V4 upgrade in the near future.  How TermMax Solves Key DeFi Challenges TermMax is designed to…

Key Takeaways: BlackRock and Grayscale shed $503.5M in Bitcoin ETFs last week. Xi-Trump meeting could revive markets as dollar drops. NYT bestselling author Kiyosaki wants investors to choose Bitcoin over traditional currency as the asset holds steady at $84K. Recent data revealed that 12 U.S. Bitcoin ETFs recorded outflows of $708.9 million. At the heart of this shift is the escalating tension between the US-China trade tension, sparked by President Trump’s aggressive tariff proposals.Nearly $1 Billion Withdrawn From Bitcoin ETFs Since AprilAccording to data from Farside, U.S. Bitcoin ETFs continue facing consistent withdrawals in April.From April 7 to 11, spot…

Homepage > News > Business > AI adoption surges in the Philippines: UNCTAD report The Philippines is being recognized as one of the early adopters of artificial intelligence (AI) among developing countries, outpacing expectations tied to its income level. According to the United Nations Conference on Trade and Development’s (UNCTAD) 2025 Technology and Innovation Report, the country is among a select group of nations showing early and effective engagement with frontier technologies, particularly AI. “Brazil, China, India and the Philippines are developing countries outperforming in technology readiness,” the report stated. This assessment is based on UNCTAD’s Frontier Technologies Readiness Index,…

The crypto lending market’s size remains significantly down from its $64 billion high, but decentralized finance (DeFi) borrowing has made a more than 900% recovery from bear market lows.Crypto lending enables borrowers to use their crypto holdings as collateral to obtain a crypto or fiat loan, while lenders can loan their holdings to generate interest.The crypto lending market is down over 43%, from its all-time high of $64.4 billion in 2021 to $36.5 billion at the end of the fourth quarter of 2024, according to a Galaxy Digital research report published on April 14.“The decline can be attributed to the…

Key Takeaways: Bybit’s public denial of listing fee claims and school promo allegations highlights the growing challenge of misinformation and rumor-driven narratives in the crypto industry. The exchange clarified its requirements, including promotion budgets, refundable security deposits, and thorough project reviews. Bybit’s swift, evidence-based response shows a broader industry trend toward rebuilding trust and operational clarity after recent security incidents and market scrutiny. Crypto exchange Bybit has denied claims that it charges $1.4 million to list tokens on its platform following public allegations made on social media. The controversy began on April 14, when X user “silverfang88,” with over 100,000…

Key Takeaways: Homeland Security’s El Dorado Task Force is reportedly investigating Anchorage Digital Bank’s internal practices and policies. The investigation follows a past consent order from the OCC, which cited the bank’s failure to meet anti-money laundering compliance standards. The probe’s timing coincides with Anchorage’s newly announced crypto custody partnership with BlackRock. A branch of the U.S. Department of Homeland Security tasked with fighting money laundering and financial crimes at large is investigating Anchorage Digital Bank, a Monday report from Barron’s alleges.Homeland Security Launches Anchorage Probe: ReportAccording to an April 14 report from the media outlet, members of Homeland Security’s…

Key Takeaways: Ethereum’s Vitalik Buterin argued that privacy must become a built-in feature of decentralized systems to protect users from growing surveillance threats. He pointed to advanced cryptographic tools like ZK-proofs and homomorphic encryption as essential to protecting data. His recent roadmap proposes wallet-level and network-level privacy features for Ethereum without altering its Layer-1 consensus. Privacy, according to Buterin, should be viewed as a pillar of freedom and resilience in Web3—not a technical afterthought. Ethereum co-founder Vitalik Buterin published a new article titled “Why I Support Privacy” on Monday, in which he urged the Web3 community to treat privacy as…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum might be on track to facing renewed pressure, according to an interesting technical outlook. Despite short bursts of recovery attempts, the broader market structure is still trying to flip in favor of bulls, but price movement shows that…

Homepage > News > Business > UK Police partner with law firm for digital asset recovery The City of London Police has begun a civil asset recovery program in partnership with international law firm Gowling WLG, following a successful pilot in which assets were recovered for an elderly woman suffering from Alzheimer’s who was defrauded more than £2 million (~$2.6 million) in a digital asset scam. The partnership aims to coordinate efforts between private and public stakeholders to investigate and recover money lost by victims because of fraud in cases where a criminal prosecution is not possible or viable—such as those…