Author: Yeek.io
Quick take: The no-fee crypto IRA product allows U.S. adults to invest in Bitcoin (BTC), Ether (ETH) and Litecoin (LTC). The assets are held in a cold wallet, and Fidelity also provides the custodial services. The product can be accessed by investing through a Roth IRA, traditional IRA or rollover IRA. Fidelity Investments has launched a new product allowing investors to directly invest in crypto assets. The new retirement plan allows the financial services company’s customers to invest in Bitcoin (BTC), Ether (ETH) and Litecoin (LTC). The product will be only available to U.S. citizens aged at least 18 years. …
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan.Under a Memorandum of Understanding, the companies will focus on developing strategies around issuing and circulating stablecoins pegged to the US dollar and Japanese yen, according to a joint announcement.Additionally, the collaboration will explore stablecoins as a settlement mechanism for tokenized real-world assets such as stocks, bonds, and real estate.Stablecoins continue to be…
MEW rallied as high as 20% after breaking out of its multi-month downtrend, following its listing on Binance Alpha. According to crypto.news, Cat in a dogs world (MEW) hit an intraday high of $0.311 on April 2, its highest level in six weeks and about 40% above its weekly lows. Its market cap was seated at $272 million, while its daily trading volume doubled over the past day at $176 million. Further demand among its derivatives traders has also jumped. According to CoinGlass data, its open interest shot up by 40% in the last 24 hours and was sitting at…
The amount of crypto mining malware has doubled in the first quarter of 2025 relative to the quarter prior, according to a new quarterly malware report from software security platform Sonatype.Notably, of nearly 18,000 malicious packages found in Q1 of this year, 7% were crypto mining malware.The report highlights that this is double from 3.5% that the sector had recorded in the fourth quarter of 2024.The increase shows that “resource-hijacking attacks are still prevalent in open source ecosystems,” the researchers say. Open source malware isn’t slowing down. It’s getting smarter. Sonatype’s Open Source Malware Index Q1 2025 reveals a sharp…
Dojima Foundation, the team building the Omnichain Web to connect blockchain ecosystems, has partnered with Linera, a high-speed Layer 1 blockchain focused on real-time applications. Together, they’re launching Builder Marketplace—a fully composable application layer that makes it easier for developers to scale and connect Web3 apps across multiple networks.This partnership allows Dojima to support high-speed decentralized apps across leading Layer 1 and Layer 2 blockchains. With Builder Marketplace, developers can now easily deploy modular apps that require fast performance and seamless cross-chain compatibility, helping industries like gaming, NFTs, and enterprise technology grow without constraints. Dojima chose to work with Linera because…
Homepage > News > Finance > California focuses on digital asset rights under revised bill California State Assemblymember Avelino Valencia has amended a money transmission bill to make digital asset rights a primary focus, including digital asset-related investor protections that, if passed, would benefit the state’s 39.4 million residents. Bill AB 1052 was originally introduced as the “Money Transmission Act” on February 20, 2025, but was amended and renamed simply “Digital Assets” by Democrat lawmaker Valencia, chair of the Banking and Finance Committee. The bill would authorize an individual or business located in California to accept payment in the form of a “digital financial asset”…
Binance co-founder Changpeng “CZ” Zhao has once again ignited discussion in the crypto and AI communities, criticizing developers of AI agents for prioritizing token launches over building useful products. In a post on X, CZ stated that many AI agent developers focus too much on their token rather than the agent’s actual usefulness. He advised developers to “make a really good agent first” and only launch a token when there is proven product-market fit. Too many AI agent developers focus too much on their token and not enough on the agent's usefulness. I recommend making a really good agent first.Only…
The Enterprise Ethereum Alliance (EEA) and EY Blockchain team hosted a focused discussion on stablecoins and enterprise blockchain adoption at the EY Manhattan office. The event brought together industry leaders to explore how stablecoins are revolutionizing financial services for enterprises. Key Session Highlights Demystifying Stablecoins Speakers broke down the core technology behind stablecoins and explored the different types available to enterprises today. Discussions clarified how these digital assets maintain stability while offering programmable features that traditional currency cannot match. Mass Adoption Catalyst The panel identified why stablecoins are uniquely positioned to bring digital assets to billions of users globally: 90%…
Raising $28.8 million within a few months of its presale going live, Solaxy (SOLX) is one of the most-talked about new projects in the crypto space. At the heart of its popularity is its ambitious mission to deliver the first-ever Layer-2 (L2) scaling solution on the Solana blockchain, an initiative that could transform how Solana handles congestion and scalability.While many Solana meme coins like Bonk (BONK), Official Trump (TRUMP), and Fartcoin (FARTCOIN) have seen sharp corrections in recent weeks, Solaxy’s momentum hasn’t slowed. The project continues to attract significant daily investments, averaging nearly $100,000 per day in its ongoing presale.…
A new report by Cointelegraph Research explores Coreum’s role in institutional blockchain adoption. It analyzes the project’s technical architecture, compliance framework and its potential impact on regulated asset tokenization. The report presents insights into transaction efficiency, security mechanisms and crosschain interoperability. It also evaluates how Coreum fits into the evolving financial landscape.Blockchain evolution and institutional requirementsThe adoption of blockchain technology by financial institutions has been increasing in lockstep, with the value locked in tokenized real-world assets (RWA). The latter grew by 85% in 2024. Our report examines how third-generation blockchains, such as Coreum, are addressing the challenges of scalability, regulatory compliance…