Author: Yeek.io

Former Binance CEO Changpeng “CZ” Zhao has been appointed as an adviser to Pakistan’s Crypto Council, a newly formed regulatory body tasked with overseeing the country’s embrace of blockchain technology and digital assets. The appointment was confirmed by Pakistan’s finance ministry and reported by Bloomberg on April 7. Zhao will advise the regulatory body on cryptocurrency regulation, infrastructure and adoption, Bloomberg reported.CZ is seen signing documents during his appointment by Pakistan’s Ministry of Finance. Source: Business RecorderZhao is one of the most recognizable names in crypto, having served as CEO of Binance between 2017 and 2023. He resigned as CEO of…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum faced heightened selling pressure for a lengthy period due to the volatility in the broader crypto market, causing its price to undergo a sharp pullback close to the $1,400 mark. However, recent trends show that ETH seems to be entering a calmer phase as bulls are gradually taking control of the market in anticipation of a rebound. Decreasing Ethereum Sell-Side Pressure On Binance Although Ethereum’s price has declined sharply below key support levels, investors’ sentiment is starting to shift toward a more positive outlook. A report…

Buying during a dip can lead to big wins later, especially when you choose cryptos that still have strong momentum, clear roadmaps, and real growth potential. With Bitcoin, Ethereum, XRP, and BlockDAG all pulling back in price, now could be a smart time to load up on coins before they bounce back. These aren’t just recovery plays—they each have key developments that could drive massive upside soon.This list focuses on the trending crypto to buy now, using the latest updates from April 2025. From BlockDAG’s beta testnet launch and $212M presale milestone to Bitcoin’s tariff-driven volatility and Ethereum’s price targets,…

South Korea’s National Pension Service, the world’s third-largest public pension fund with over $800 billion in assets under management, is looking to tap into blockchain technology for transactions. A report in the local Seoul Economic Daily states that the National Pension Service, whose assets stood at over 1,224 trillion Korean won, or about $836 billion, aims to explore the use of blockchain across its fund transactions to bolster transparency. NPS, which previously said it had no immediate plans to buy cryptocurrencies but bet the shares of Bitcoin (BTC) buying company Strategy, is reportedly keen on the blockchain network’s underlying benefits.…

Bearish market structure of Official Trump across multiple timeframes pointed to bearish dominance The $9-level was defended in early April, but has been ceded, and TRUMP could fall to $4.47 next Official Trump [TRUMP] continued its ceaseless downtrend on the charts. The panic across the market on Monday pushed Bitcoin [BTC] to $74.5k, and TRUMP noted a 15% price drop in 24 hours. However, its 24-hour trading volume has risen nearly fourfold since. The high trading volume, combined with quick price losses, hinted at overwhelming bearishness across the market. TRUMP traders can wait for a minor price bounce to look…

Quick take: The fund will be used for the development of Cap’s stablecoin engine, slated for launch later this year. Cap’s platform allows users to generate passive interest (yield) from other tokens. Users will be able to earn extra yield through restaking protocols like EigenLayer. Stablecoin engine developer Cap has raised $8 million in a funding round backed by Franklin Templeton, Triton Capital and others. The fundraising brings the total raised to $11 million, following a previous funding round of $3 million. The company plans to use the fresh capital to accelerate the development of its platform, allowing users to…

Gamers have traditionally invested countless hours honing their skills, acquiring items, and progressing through levels, yet the tangible value of their endeavors has remained locked within the game’s ecosystem. The model is a simple one: players get the enjoyment of their experience while studios and publishers capture all of the value that they generate. The unfairness of this system has led, inevitably, to the growth of the blockchain-powered gaming industry. The fact that players’ achievements, no matter how impressive, could translate to fleeting experiences rather than monetary rewards, fuelled the ambitions of developers and builders who recognized gamers’ appetite for incentives.…

Cryptocurrency exchange Kraken on Monday launched a new premium membership offering called Kraken+, targeting individual investors who want to reduce trading fees and earn higher returns on stablecoin holdings. The subscription was officially rolled out on Monday, with the exchange positioning it as an optional add-on to its standard platform.For a monthly fee of $4.99, Kraken+ users can trade up to $10,000 per month without incurring trading fees, and earn up to 4% APR for holding Global Dollar (USDG), a stablecoin backed by cash equivalents, it said. By contrast, non-subscribers currently earn 2% APR on USDG balances held on the…

An account linked to ZKasino, a gambling platform that stole more than $30 million from its users in 2024, lost $27.1 million after closing a long position on Hyperliquid. According to on-chain data on Hyperdash, the scammer address behind the blockchain-based betting platform had its 20x leveraged long ETH (ETH) position on Hyperliquid fully liquidated. As a result, the trader lost approximately $27.1 million. However, the trader still had around $147.38 in unrealized profit and losses. The address is linked to a scammer behind the blockchain gambling platform that reportedly stole around $32 million last year. On the social media…

Homepage > News > Business > Last Week in AI: OpenAI gets $40B, Microsoft encounters delays OpenAI raises $40 billion This week, OpenAI finalized its $40 billion fundraising round, giving the company a $300 billion post-money valuation. It’s the largest single funding round ever completed by a private company. The round is led by SoftBank, which committed $10 billion upfront. The remaining $30 billion is contingent on OpenAI’s conversion from a capped-profit to a fully for-profit company. While $40 billion is a significant amount of money, what’s also worth noting is that OpenAI has already publicly stated that it expects to lose billions of…