Author: Yeek.io

Investment firm MGX (Abu Dhabi) has invested $2 billion in Binance, marking the first institutional investment in the world’s largest cryptocurrency exchange. This is also the largest crypto deal ever conducted using stablecoins. The investment not only strengthens Binance’s position but also reflects the growing synergy between blockchain, AI, and digital finance.MGX Injects $2 Billion into Binance – The World’s Leading Crypto ExchangeOn March 12, 2025, MGX, a tech-focused investment firm based in Abu Dhabi, invested $2 billion in Binance. This marks the largest stablecoin-based investment ever and the first time a major financial institution has funded Binance. However, they…

Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE).The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone with its own tax policies and regulatory framework.The announcement came almost six months after the company announced its receipt of an in-principle approval of the DFSA license. On Oct. 1, 2024, Ripple revealed that it was working to become licensed by the DFSA as it aimed…

The global investment management giant VanEck has filed for a new Avalanche (AVAX) exchange-traded fund (ETF) in the US. Documents submitted to the state of Delaware this week hint at the new possible ETF, which presumably would be tied to the price of the Ethereum (ETH) layer-1 rival. VanEck currently offers ETH and Bitcoin (BTC) ETFs and has filed for a Solana (SOL) exchange-traded fund, which has yet to be approved. Matthew Sigel, the firm’s head of digital assets research, said last summer that the SOL filing was a bet on Donald Trump winning the presidency. The investment giant has also…

SIMD-228 proposal, which aims to cut SOL inflation by 80%, has gained 35.7% support from Solana validators so far. According to data from Dune Analytics, 701 out of the 1327 active Solana (SOL) validators have voted. 1.2% have abstained, 17.2% are against the proposal, and 37.5% are in favor. If SIMD-228 were approved, it would drastically cut staking rewards, reducing the amount of fresh SOL tokens entering circulation. There have been some concerns about how this would affect the network’s decentralization, even though it might lessen selling pressure. Currently, Solana’s inflation models depend on striking a balance between transaction fee…

Hardware wallet provider Trezor has patched up a security flaw in two of its latest models after competitor firm Ledger’s open-source research arm discovered a vulnerability in their microcontrollers. Ledger Donjon acknowledged Trezor has made several security advancements of late but found cryptographic operations could still be performed on the microcontroller of Trezor’s Safe 3 and 5 models, which could make them “vulnerable to more advanced attacks.”Fortunately, Trezor has since addressed the vulnerabilities found, Ledger’s chief technology officer Charles Guillemet said in a March 12 X post.“We believe that making the ecosystem more secure helps everyone, and is critical as we…

Homepage > News > Business > Kia, Samsung explore IoT; T-Systems dips into metaverse South Korea-based companies Kia and Samsung have signed a deal to collaborate on Internet of Things (IoT) technologies in automobiles, unveiling new consumer use cases. KIA will begin integrating its purpose-built vehicles (PBVs) into Samsung’s AI-powered IoT platform, SmartThings Pro. Both entities signed the Memorandum of Understanding (MoU) at the 2025 Kia EV Day event in Spain, signaling a complete acceptance of emerging technologies. Beginning with its PV5 model, Kia will retrofit SmartThings Pro to enhance business mobility, ensuring seamless connectivity between its vehicles and commercial…

ADA price prediction looks bullish after retracing all the gains it made following the strategic reserve announcement. The obstacles overhead were significant, and the sentiment across the market meant buyers were reluctant to enter. Cardano [ADA] saw a 17.8% price gain in the past 36 hours. Speculation that Gemini might list Cardano on their exchange, combined with the U.S. crypto strategic reserve news from earlier this month, could have changed investor sentiment in the past two days. While the co-founder of Gemini didn’t think Cardano was a suitable asset for the strategic reserve, he didn’t downplay the listing possibility either.…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Japanese investment firm Metaplanet has added more Bitcoin to its portfolio, bringing its total holdings past 3,000 BTC. The company recently acquired 162 BTC at an average price of ¥12.39 million ($83,635) per Bitcoin. With this purchase, Metaplanet now holds 3,050 BTC, worth nearly $250 million at current prices. Big Plans For Bitcoin Expansion Metaplanet has made it clear that it’s not stopping anytime soon. In January 2025, the company set an ambitious target to amass 10,000 BTC by the end of the year. Looking even further…

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. The official TRUMP token, designed to commemorate US President Donald Trump’s second presidency, was an instant hit upon launch. The token surged from less than $10 on January 18th to a high of $74.59 on January 20th before quickly…

Three PEPE whales have been spotted buying a total of 689.79 billion PEPE worth $4.3 million from TornadoCash. PEPE is showing signs of a potential rebound, with the TD Sequential indicator flashing a buy signal on the daily chart. There was enormous movement in the Pepe [PEPE] market as three whale wallets—0x7A7D, 0x9212, and 0x7779—bought an aggregate 689.79 billion PEPE tokens for $4.3 million, funded through TornadoCash, a protocol for privacy. Wallet 0x7A7D bought a top $2.72 million (1,413.4 WETH) for 437.7 billion PEPE, followed by 0x9212, who bought $1 million for 158.58 billion PEPE, and then 0x7779 bought 93.51…