Author: Yeek.io

A new contender is looking to carve out its own share in the fast growing decentralized prediction markets space: Devine Protocol. The new blockchain powered prediction platform built on the SUI blockchain is positioning itself as a next-generation platform that could rival the likes of Polymarket—only with faster speeds, lower fees, and a deeply community-driven approach. With its recently announced $DEVI token presale, the project is looking to raise 200,000 $SUI before launching its mainnet in Q2 2025. The big question: Will this be the next big thing in prediction markets? A Potential Powerhouse in Prediction Markets Devine Protocol’s focus…

A few weeks ago, DeepSeek rocked the AI market with a cheaper, perhaps even better Chat GPT alternative. In the aftermath, AI hype took a hit and crypto projects fell, before eventually bouncing back. But only now is the real impact being felt; with DeepSeek a true competitor, western AI companies have stepped up their game, ramped up development, and generally sparked a wave of big moves across the AI world. Tether’s moving to AI, OpenAI is embracing Europe, and there’s a possibility that a new player will enter the game. And in the meantime, crypto AI projects like MIND…

PEPE price is facing renewed bearish pressure as it struggles to break above the critical $0.00001152 resistance level. The recent failure to push higher has left the token consolidating, hinting at a possible downward move if buyers fail to regain control. With market sentiment tilting in favor of the bears, traders are bracing for what could be another wave of selling. If bulls cannot generate enough momentum, PEPE may slip further, testing lower support zones in the coming sessions. The battle between buyers and sellers at this level will be crucial in determining the token’s next major move. PEPE Consolidation…

Quick take: The Game Company previously raised $5 million at a $40 million valuation in April 2023. The latest fundraising was led by Telcoin and its CEO Paul Neuner, BullPerks and Singularity DAO. The company claims to have already onboarded 500,000 waitlisted users for its upcoming cloud-gaming platform.  The Game Company, a UAE-based blockchain gaming infrastructure provider has announced a $10 million funding co-led by Telcoin and its CEO Paul Neuner, BullPerks and Singularity DAO, and over-the-counter investments through NodeMarket. The company plans to use the fresh capital to accelerate the development of its cloud gaming platform ahead of launch. …

Homepage > News > Finance > ‘GENIUS’ hopes to bring clarity for US-backed stablecoins United States Senator Bill Hagerty (R-TN) has introduced the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which would create a regulatory framework for U.S. dollar-pegged stablecoins, including prohibiting algorithmic stablecoins, requiring one-to-one reserves, and ensuring issuers comply with anti-money-laundering (AML) and sanctions rules. In a February 4 statement, the Tennessee Republican said the GENIUS Act “establishes a safe and pro-growth regulatory framework that will unleash innovation and advance the President’s mission to make America the world capital of crypto.” Among the key aims…

SEC has transferred one of its top lawyers to an IT role as its stance on crypto shifted. With SEC’s crypto stance shifting, there’s high speculation over how it will affect Ripple’s case. Since Trump’s political comeback, most governments have faced massive changes. As such, the U.S. Securities and Exchange Commission (SEC) has signaled its shift toward the previous administration’s treatment of crypto firms. In a major development, the agency has transferred one of its top crypto litigators to the IT department. SEC shifts crypto enforcer to IT role According to the official report, the SEC has started its journey to…

Este artículo también está disponible en español. Michael Sonnenfeldt recently announced that his private group Tiger21, which is composed of some of the wealthiest investors, collectively has a $200B net worth – $6B of which is strategically held in crypto, shining a light on top meme coins.  Considering some of the richest allocate 1-3% of their capital to $BTC, why should anyone doubt cryptos’ potential? Well, to put it bluntly, the sector’s rife with scams. Look at the Jupiter DEX and the former Malaysian prime minister, for instance. Their X accounts were recently compromised to promote scam coins that have…

His comments followed Arkham Intelligence’s move to track Nakamoto’s Bitcoin holdings. According to the analytics firm, Satoshi’s known wallets contain over 1.09 million BTC, worth around $107 billion. These coins are spread across more than 22,000 addresses, including the only ones known to have spent Bitcoin in the past. Arkham linked these addresses through the Patoshi Pattern, an early mining signature believed to be connected to Nakamoto.Grogan analyzed these wallets and shared his findings on X (formerly Twitter). While he acknowledged the data isn’t definitive, the evidence strongly suggests these addresses belong to Bitcoin’s creator. He noted that Nakamoto last…

Somnia, a Layer-1 blockchain designed for apps that need high-speed, reliable performance, has announced a set of Devnet test results that may change what people expect from blockchain technology. The team revealed that, under conditions meant to mirror everyday use, the network handled up to 1.05 million ERC-20 token transfers per second (TPS).High Throughput: 300,000 NFT Mints and 50,000 Trades Per SecondSomnia also showed off the ability to mint 300,000 NFTs each second—digital collectibles tracked on the blockchain—while maintaining an average block time of just 100 milliseconds.In another highlight of the Devnet, Somnia managed 50,000 Uniswap trades per second across…

Homepage > News > Business > FDIC welcomes crypto banking ahead of Congress show trials America’s banking backstop is ready to embrace all things ‘crypto’ while Congress engages in Orwellian ‘two minutes hate’ sessions against the banking regulators who tried to keep crypto fraud at bay. February 5 saw the U.S. Senate Banking Committee hold a hearing titled Investigating the Real Impacts of Debanking in America. The stated aim of the hearing was to dig into allegations that federal regulators ‘debanked’ individuals/entities involved in stuff the feds didn’t like, including digital assets. This view has become accepted wisdom among American…