Author: Yeek.io

The organization behind the Movement Network said it will use $38 million recovered from a market maker to buy back MOVE tokens over the next three months.On March 24, the Movement Network Foundation said it recovered about $38 million in assets from a market maker tasked with providing liquidity on buy and sell orders for the Movement (MOVE) token on Binance. Binance offboarded the market maker due to “market irregularities.” The exchange sanctioned the market maker, freezing its proceeds and forbidding it from further market-making activities.  Market makers provide liquidity to crypto tokens to attract traders and stabilize their prices. These entities…

The organization behind the Movement Network said it will use $38 million recovered from a market maker to buy back MOVE tokens over the next three months.On March 24, the Movement Network Foundation said it recovered about $38 million in assets from a market maker tasked with providing liquidity on buy and sell orders for the Movement (MOVE) token on Binance. Binance offboarded the market maker due to “market irregularities.” The exchange sanctioned the market maker, freezing its proceeds and forbidding it from further market-making activities.  Market makers provide liquidity to crypto tokens to attract traders and stabilize their prices. These entities…

Pump.fun has officially launched PumpSwap, positioning itself as a formidable contender against Raydium while aiming to revitalize activity in the Solana ecosystem. But can this newcomer reignite interest in Solana, which has been losing momentum?The new raising name – PumpSwapRecently, on March 20, 2025, the Solana-based meme coin platform Pump.fun launched a decentralized exchange (DEX) called PumpSwap, operating with a mechanism similar to Raydium V4. PumpSwap stands out with unique features such as zero migration fees, fast transactions, low trading costs, and a creator revenue-sharing mechanism. With these advantages, PumpSwap is positioning itself as a strong contender, aiming to challenge Raydium’s…

Ethereum scaling solution Soneium has integrated interoperability framework Hyperlane, enabling its developers to build cross-chain dApps and token bridges. Hyperlane has launched on Soneium (SONY), an Ethereum (ETH) layer-2 blockchain founded by Sony Group Corporation and Startale. The integration with Hyperlane is instrumental for Soneium’s goal of empowering its developers with third-party tools that facilitate building and launching dApps. With Hyperlane’s cross-chain interoperability, developers on Soneium will be able to create cross-chain apps and token bridges, enabling them to connect Soneium with other blockchains and unlock a wider range of possibilities for their projects. This development comes on the heels…

Crypto influencer and blockchain sleuth ZachXBT has accused Crypto.com of betraying its community after the exchange decided to reissue 70 billion Cronos (CRO) tokens that had previously been burned. The decision, which effectively restores the original supply to 100 billion CRO, has led to widespread backlash among investors who believed the burn was permanent. CRO is no different from a scamYour team just reissued 70B CRO a week ago that was previously burned “forever” in 2021 (70% total supply) and went against the community wishes as you control majority of the supply. Unsure why Truth would chose a partnership with…

According to Arkham Intelligence, Mt. Gox shifted 11,501 BTC to two wallets. A change wallet received 10,608 BTC worth $929 million, while the exchange’s hot wallet took in 893 BTC valued at $78 million.This follows two earlier transactions in March. On March 6, Mt. Gox moved 12,000 BTC worth $1 billion. Days later, another transfer of 11,834 BTC, valued at $910 million, was recorded. Notably, 332 BTC from that batch was sent to the Bitstamp exchange, raising speculation about possible liquidation.SpotOnChain now suggests that the latest 893 BTC moved to the hot wallet could soon be transferred again.Despite the movement,…

Particle Network is a technology that streamlines interactions between different blockchains. To understand what Particle Network is, it achieves this by abstracting complexities, offering users a unified account to manage transactions seamlessly across various blockchain platforms.What is Particle Network?Particle Network’s core mission is to create a barrier-free, borderless Web3 experience through advanced powering chain abstraction technologies. The essence of Particle Network lies in its ability to simplify cross-chain transactions and enhance the Web3 user experience by abstracting the complexities of different blockchains. Think of it as a universal translator for the blockchain world, bridging gaps and making interactions smoother and…

Sen. Elizabeth Warren is demanding answers from SEC Chair nominee Paul Atkins over his ties to defunct crypto exchange FTX ahead of his confirmation hearing on Thursday.In a sharply worded letter, Warren raised concerns about Atkins’ role as an advisor to FTX. She questioned whether he ignored or missed red flags as the exchange misused billions in customer funds.The Senate Banking Committee is set to hold a confirmation hearing for Atkins on March 27 as he seeks to lead the US SEC. Atkins previously served as an SEC commissioner from 2002 to 2008. He later founded the Washington-based consulting firm…

Binance has suspended a staff member after its investigation into insider trading claims found the employee used information from a previous role to front-run trades. According to a March 25 X post, Binance began looking into the matter on March 23 after receiving a complaint about suspicious trading activity tied to a recent token launch. The initial allegations suggested that the employee, who recently joined the Binance Wallet team, may have used insider knowledge from a previous position at BNB Chain. Binance said the staffer was aware that a project was preparing for a Token Generation Event and expected strong…

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. Recession risks and macro uncertainty are currently once again at the center of market discourse, with Bitcoin being down -20% from its peak. Yet macro analyst Tomas (@TomasOnMarkets) contends that the broader economic backdrop is not as dire as…