Author: Yeek.io

Ethena, a stablecoin protocol built on Ethereum with synthetic dollar USDe, will open their first major native token unlock of 2.07 billion $ENA today.What is Ethena ($ENA)?Ethena ($ENA) is a decentralized stablecoin protocol backed by Ethereum derivatives that offers a secure and scalable solution through its synthetic dollar, USDe. Ethena aimed to create a reliable alternative to traditional stablecoins like USDT and USDC, which depend heavily on banks or other real-world finance institutions. In a short time, USDe’s market capitalization surged to $6 billion, surpassed DAI and became the third-largest stablecoin (Source: Cointelegraph). Some key factors drive Ethena’s rapid growth:Instead of…

Australia’s finance watchdog has charged Brendan Gunn, the brother of Olympian breaker Rachael Gunn, for allegedly dealing with money suspected to be proceeds of crime while operating a fiat-to-crypto conversion company.In a March 5 statement, the Australian Securities and Investments Commission said Gunn was charged with one count of dealing with money that could be reasonably suspected to be the proceeds of crime.“It is alleged that Mr Gunn dealt with two bank cheques, which contained the proceeds of four investment amounts totaling $181,000 made by three victim investors who deposited funds for conversion to cryptocurrency,” ASIC said in its statement.Rachael…

A leading $PEPE whale used 1928.86 $WETH (worth 3.95 million dollars) to purchase 20,511 $AAVE tokens at a price of $193 each through the CoW Protocol. The bull market sentiment toward $AAVE is evident through the transaction executed 14 hours ago through CoW Protocol because it already generated $406,000 of floating profit from the WETH investment. 14 hours ago, a whale spent 1928.86 $WETH ($3.95M) to buy 20,511 $AAVE at an average price of $193.Currently, has a floating profit of $406k. The wallet belongs to an early $PEPE whale who holds 2.88T $PEPE ($19.97M).Buying Wallet: 0xbcda26b7c6fe36b4f97c21a57807817b06e15c77… pic.twitter.com/JQOPQua1Jd— Onchain Lens (@OnchainLens)…

This week, Belarus’ President Alexander Lukashenko told the country’s Energy Minister Alexei Kushnarenko that he wants to use their surplus of electricity to mine cryptocurrency like Bitcoin to accumulate a reserve. “Look at this mining. More and more people are turning to me. If it is profitable for us, let’s do it,” President Lukashenko said. “We have excess electricity. Let them make this cryptocurrency and so on.”  NEW: 🇧🇾 Belarus President Alexander Lukashenko says if Bitcoin & crypto mining is profitable, “let’s do it.” “We have excess electricity. Let them make this cryptocurrency and so on.” pic.twitter.com/rSmqUR5gdn— Bitcoin Magazine (@BitcoinMagazine)…

US Customs and Border Protection (CBP) authorities have reportedly started releasing Chinese-made crypto miners after months of being held up at ports of entry across the United States. “Thousands of units have been released” after as many as 10,000 miners were seized at various ports of entry, Taras Kulyk, CEO of crypto mining manufacturer firm Synteq Digital, told Reuters.“Apparently there were some folks in the CBP that really didn’t like Bitcoin mining so they wanted to give the entire sector a headache, which they did quite well.”Bitcoin mining infrastructure firm Luxor Technology chief operating officer Ethan Vera also told Reuters that…

An anonymous cryptocurrency trader has accumulated almost $68 million in unrealized profit by shorting Ether amid its recent price decline.According to blockchain data from Hypurrscan, the trader opened a 50x leveraged short position when Ether (ETH) was trading at $3,176, on Feb. 1. As of 9:06 am UTC on March 5, the position had almost $68 million in unrealized profit.Shorting involves “borrowing” the underlying cryptocurrency from a broker, selling it at the current price, and then repurchasing it once the price falls — a strategy used by traders to bet on the price decline of an asset.Source: HypurrscanThe trade involved…

Crypto asset manager Bitwise has filed to list a spot Aptos exchange-traded fund in the US — a token created by a team led by two former Facebook (now Meta) employees in 2022.Bitwise filed an S-1 registration statement to list the Bitwise Aptos (APT) ETF on March 5, eight days after Bitwise indicated it would make such a filing when it registered a trust linked to the Aptos ETF in Delaware on Feb. 28. The Aptos filing adds to the list of altcoins currently in the line to win the securities regulator’s approval.Bitwise opted not to include a staking feature…

Bitcoin’s (BTC) volatility is approaching cycle highs as jitters around a looming trade war and a planned US cryptocurrency stockpile reach a crescendo, according to data from TradingView and Glassnode. The conflicting bullish and bearish signals, which peaked after US President Donald Trump took office in January, have sent crypto prices on a dizzying ride, the data shows. “As demonstrated by the intense whipsaw in price action, this has led to very turbulent conditions over the last two weeks against a backdrop of an uncertain political environment,” Glassnode said in a March research note. Bitcoin’s average realized volatility is nearing cycle highs.…

Este artículo también está disponible en español. The United States, with its cycle of growing debt and debt servicing, may face a financial crisis in the next few years. Ray Dalio, the billionaire investor and founder of Bridgewater Associates, boldly claims a looming debt crisis and calls it a “potential heart attack.” In a statement, Dalio argued that once we reach a point in the cycle where one borrows more money to service debt and bond holders say that it’s risky, it becomes a “debt debt spiral.” Dalio compares the current debt crisis to a heart attack waiting to happen…

What are multisig cold wallets? Multisignature (multisig) cold wallets are often considered one of the safest ways to store digital assets, providing an extra layer of protection against theft. However, even these advanced security measures are not infallible, as demonstrated by the February 2025 Bybit hack.Before diving into their security, let’s break down what multisig cold wallets actually are.Cold wallets, explainedA cold wallet is a cryptocurrency storage method that remains offline and disconnected from the internet. This setup makes it significantly harder for hackers to access the funds remotely. Examples include:Hardware wallets (e.g., Ledger, Trezor)Paper walletsAir-gapped computers (devices never connected…