Author: Yeek.io

Kernel DAO is a protocol on the BNB Chain that lets users restake assets like BNB and BTC to boost security and earn more rewards.This article will explore how Kernel DAO works, what is Kernel DAO, its key features, tokenomics, and community rewards.What is Kernel DAO?Kernel DAO is a revolutionary restaking protocol operating on the BNB Chain. Its purpose is to improve the security and utility of staked assets. Unlike traditional staking, which often leaves assets underutilized, Kernel DAO employs shared security protocols that allow users to restake various yield-bearing assets like BNB and BTC, thereby safeguarding their investments while…

Update April 1, 1:42 pm UTC: This article has been updated to add comments from Cyvers co-founder and chief technology officer Meir Dolev.An unauthorized party withdrew about $70 million in digital assets from open-source payment platform UPCX, according to a security alert issued on April 1.The blockchain security firm Cyvers flagged suspicious activity involving 18.4 million UPC tokens, estimating the value of the compromised funds at $70 million.Cyvers said someone accessed a UPCX address and upgraded its ProxyAdmin contract. The attacker then executed a function that allows admins to withdraw, leading to fund transfers from three different management accounts. At the…

Kentucky has officially dismissed its lawsuit against Coinbase over the exchange’s staking services, becoming the third U.S. state in recent months to roll back legal action against the company. The Kentucky Department of Financial Institutions filed a joint stipulation of dismissal on March 31, ending its case against Coinbase for offering unregistered securities through its staking program.Source: ctfassets.netThis follows a growing trend of state-level regulatory reversals. Vermont withdrew its lawsuit against Coinbase on March 14, citing the U.S. Securities and Exchange Commission’s (SEC) own decision to drop its federal case in February. South Carolina quickly followed suit, dismissing its case…

A shocking prediction has been made for XYZVerse: this new memecoin could outperform both XRP and ADA combined. The bold claim has captured the attention of investors and crypto enthusiasts alike. With the potential to disrupt established players, what makes this memecoin stand out? The article explores the factors that could propel this unexpected contender to the forefront of the market.Major CEX Listing Drives Anticipation for Undervalued $XYZ Meme CoinThe meme coin XYZVerse ($XYZ) has garnered significant attention due to its bold goal of increasing its value from $0.0001 to $0.1 during its presale phase. Currently priced at $0.003333, $XYZ has…

Mastercard is developing a blockchain-powered Multi-Token Network to connect traditional financial institutions with the digital asset space. The initiative, led by Raj Dhamodharan, Mastercard’s executive vice president of blockchain and digital assets, aims to provide a compliant, user-friendly experience for moving digital assets, similar to Venmo or Zelle, according to Business Insider  Mastercard is positioning itself as a key infrastructure provider in the growing blockchain ecosystem. By integrating its vast payment network with blockchain technology, the company seeks to enable seamless transactions between fiat and crypto markets.  Dhamodharan highlighted that financial institutions are increasingly interested in blockchain due to its…

Decentralized finance protocol SIR.trading has suffered a catastrophic exploit, losing its entire total value locked (TVL) and prompting its founder to publicly offer a $100,000 bounty in exchange for the return of the remaining stolen funds. TenArmor Security AlertOur system has detected a suspicious attack involving #SIR.trading @leveragesir on #ETH, resulting in an approximately loss of $353.8K.The stolen funds have been deposited into RailGun.Attack transaction: https://t.co/W5SRnzKjDF… pic.twitter.com/e1OOQoKbhz— TenArmorAlert (@TenArmorAlert) March 30, 2025 The attack, which drained approximately $355,000 from the platform, has raised new concerns about Ethereum’s recent Dencun upgrade.On March 31, Xatarrer, the anonymous founder of SIR.trading, made an…

Ubisoft’s tactical multiplayer game Champions Tactics: Reforged is preparing for release on Steam to bring the title to a wider audience as it enters Season 3.Season 3 introduces new content and updates to existing gameplay systems designed to continue developing the game’s core mechanics, which prioritise planning and team coordination. The title was previously accessible to early players through Ubisoft’s own platform and will now be positioned alongside other competitive strategy titles on Steam.The Steam version has no confirmed release date but is now available for wishlisting. Source: Champions TacticsWhat’s new in Season 3?Champions Tactics Season 3 adds a new…

Major South Korean record label HYBE has shuttered its blockchain project Binary Korea less than three years after launch due to poor financial performance.The Seoul-based subsidiary will merge with HYBE. Meanwhile, the parent company will focus on the entertainment side of business, specifically artist management.According to AlphaBiz, HYBE stated that the goal of this merger is to “enhance management efficiency.”The report further alleges that Binary Korea has been quite unprofitable. It reportedly generated only KRW 468,441 ($318) in 2023 and a net loss of KRW 4.28 billion ($2.9 million). Hybe shuts down their blockchain company Binary Korea because it was…

March was a busy and impactful month for the De.Fi Ecosystem.  We launched a 4,000,000 $DEFI campaign with ByBit, kicked off a $20,000 Quest with OKX, and introduced real-world utilities for $DEFI staking. In addition, we released a two-part video interview with Kevin O’Leary. Let’s take a closer look at what has happened this month. 4,000,000 $DEFI Campaign with ByBit At the start of March, we launched a new trading campaign in collaboration with ByBit, one of the world’s leading crypto exchanges. The campaign featured an incredible 4,000,000 $DEFI prize pool.Running from March 5 to March 16, the event gave…

The zkLend hacker just got reverse-hacked while laundering $5.4M in ETH through a Tornado Cash phishing scam. Then, he sent an on-chain message to a zkLend developer expressing remorse—giving the community an early-month comedy show.zkLend Hacker Wiped Out While Laundering 2,930 ETH via Tornado CashThe February attack on Starknet-based lending protocol zkLend resulted in a loss of approximately 3,666 ETH, valued at around $9.5 million. Recently, the hacker attempted to launder a portion of the stolen funds—2,930 ETH—through Tornado Cash. Yesterday, the zkLend hacker executed multiple transfers, sending 100 Ether per transaction to an address labeled Tornado.Cash: Router, and concluded…