Author: Yeek.io

Kaia DLT Foundation has joined forces with Fireblocks to boost security and streamline the management of digital assets on the Kaia public blockchain. By tapping into Fireblocks’ specialized platform, Kaia aims to become more attractive to large organizations that need peace of mind when handling digital assets. This partnership also creates fresh opportunities for blockchain use, reassuring institutions that their assets will be handled with high-level protection.Kaia’s Expansive Network and the Role of Fireblocks’ MPC SecurityKaia already has a broad user base thanks to its integration with popular messaging platforms KakaoTalk and LINE. These apps together serve over 250 million…

A new Scottish Centre of Excellence aiming to solve real-world challenges in digital trust and distributed ledger technologies is opening its doors at Edinburgh Napier University following a new collaboration.Edinburgh Napier University will host the Scottish Centre of Excellence in Digital Trust and Distributed Ledger Technology in partnership with the University of Edinburgh, the University of Glasgow and Fintech Scotland, after securing initial funding from Scottish Enterprise, an advice, support and funding agency.Aiming to make the digital world safer and more resilient, the Centre will look to deliver immediate benefits to the financial services sector and beyond.  The team behind the…

Crypto hack losses dropped to $98.19 million in January from $160 million a year earlier, despite a rise in account compromises, data reveals. Hackers had a busy start to 2025, though they stole less than last year. Crypto losses from security incidents hit $98.19 million in January, down 39% from $160 million in the same month of 2024, according to a Feb. 6 research report by blockchain security firm SlowMist. The report logged 40 hacking incidents which happened so far in 2025, fewer than the 56 recorded in January 2024. Hot wallet breaches, phishing scams, and contract vulnerabilities were the…

XMR rallied over 9% on Feb. 6 after the privacy protocol showcased the strong performance of its Rust-based Cuprate node. Monero (XMR) surged to an intraday high of $238.55, extending its gains to 24% since the beginning of the year. The privacy-focused coin’s market cap surpassed $4.4 billion, briefly making it the 28th largest crypto asset per CoinMarketCap, before settling at $4.28 billion as of the last check during the afternoon Asian session. Why did XMR rally today? XMR surged after the project confirmed that its Rust-based Monero node, Cuprate, delivered a strong performance, completing a fast sync in 4…

scotcoin In a bold move that’s raising eyebrows across the cryptocurrency landscape, Scotland’s indigenous digital currency Scotcoin is targeting a $250 million valuation ahead of its February 2025 exchange listing. But unlike typical crypto launches focused on speculation and profit, this unique digital token has a surprising mission: using blockchain technology to combat poverty and social inequality. The Scotcoin Project, operating as a Community Interest Company (CIC), represents a dramatic departure from traditional cryptocurrency models. While Bitcoin and other major cryptocurrencies have become synonymous with volatile trading and wealth accumulation, Scotcoin has positioned itself as an “ethical cryptocurrency” with a…

Standard Chartered envisions a $200K target for Bitcoin by the year’s end. Their analysis suggests that $BTC’s volatility is going to reduce massively now that the US ETF market matures and turns one year old. Another reason the banking group is bullish on Bitcoin is the improving ease of access to $BTC under the pro-crypto Trump regime. Bitcoin is quickly becoming a corporate golden goose, with the likes of Michael Saylor racing to own as much Bitcoin as possible. Even better, Standard Chartered believes that Trump’s stay in the White House could be a very merry one for crypto right…

On February 5, Strategy revealed its Q4 revenue was $120.7 million. This was down 3% from the previous year and missed analyst predictions by about $2 million. Meanwhile, expenses surged nearly 700%, reaching $1.1 billion. The increase was driven by the firm pushing ahead with its “21/21 Plan.” This initiative aims to secure $42 billion in capital over three years to fund further Bitcoin purchases.The company has already raised $20 billion for its plan, mainly through senior convertible notes and debt financing. CEO Phong Le stated that Strategy is ahead of schedule and remains confident in its Bitcoin-focused strategy.Today, Strategy…

Shifting Priorities in Family Savings According to Bloomberg, parents usually focus on building 529 college savings plans, brokerage accounts, or high-yield savings for their children. Recently, some have moved away from traditional methods, choosing to accumulate Bitcoin as a future asset for their kids. Some believe stock market gains aren’t impressive enough, while others see it as a smart diversification strategy. Many are strong advocates, confident that despite Bitcoin’s 500% rise since the last “crypto winter,” its growth journey is far from over. In December, Bitcoin crossed the $100,000 mark, a huge leap from under $16,000 in November 2022. A…

Homepage > News > Business > More bad news for Tether Things are going from bad to worse for Tether lately. After it learned only “lawful and legitimate” stablecoins would be considered worthy under the Trump administration’s upcoming digital currency rules, Crypto.com announced it would stop supporting USDT in Europe as of January 31. The move comes in response to the European Markets in Crypto-Assets (MiCA) regulation, which requires strict anti-money laundering (AML) controls, among other obligations. Crypto.com announced it would delist USDT, PayPal USD, PaxDollar, and several other digital assets in Europe. As of January 31, users cannot deposit…

Ethena’s synthetic stablecoin USDe held up well despite market conditions. ENA investors should be wary of further losses. Ethena [ENA] was down 6.5% in the past 24 hours and its daily trading volume had been slashed nearly in half. The losses on the 3rd of February saw some bidding, but the drop in volume indicated a lack of market conviction. The bearish signs do not end there. The token unlocks in the coming months would likely add to the selling pressure already on ENA. Close to 8% of the total supply of ENA is still locked, which was bad news…