Author: Yeek.io

Why Smart Contract Audits MatterSmart contracts are automatic executions that happen once the conditions are met. In their flawed states, hackers can use them to their advantage. There have been many smart contract mishaps, especially the DAO in 2016, which costs millions of dollars in losses. Proper auditing ensures:Detection of security flaws and vulnerabilities.Compliance with best coding practices.Optimization for efficiency and cost-effectiveness.Prevention of malicious exploits.Human Audits: Strengths and LimitationsHuman auditors have been the standard for smart contract security. They analyze code manually, identify issues, and suggest fixes. Here are their key strengths:Strengths:Deep understanding – Experienced auditors can recognize complex vulnerabilities…

LINE, the popular messaging service in Asia, has launched its new Mini Dapps and Dapp Portal. This move could bring blockchain technology, often called “Web3,” to millions of everyday users. While Telegram showed how chat apps can host decentralized games and apps, LINE aims to make it easy for more people to discover, play, and trade digital assets without leaving the familiar LINE Messenger app.What Is the Dapp Portal?The Dapp Portal is a hub inside LINE Messenger where people can find and use “Mini Dapps.” These Mini Dapps are small web-based applications built on blockchain technology. Users don’t need to…

Homepage > News > Business > Rediscovering Blockchain: Building trust at scale Blockchain technology is set to revolutionize the concept of trust in today’s digital world, but most people are unaware of blockchain’s true capabilities. Rather, they are focused on the speculative aspect of blockchains’ tokens. title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> To help clear up some of the misconceptions, IE University School of Science and Technology, BSV Association (BSVA), and Gate2Chain organized “Rediscovering Blockchain” on January 21. This educational event was designed to uncover blockchain’s true potential while providing examples of real-world…

Ethereum’s Estimated Leverage Ratio dropped by 15% in two days, showing reduced leverage in the Ethereum market.  375,000 ETH has also been withdrawn from derivative exchanges as speculative interest wanes. Ethereum [ETH] has had one of its most volatile weeks in history. After dropping to a five-month low of $2,160 earlier this week, the largest altcoin has since recovered to trade at $2,760 at press time. However, this rebound could be short-lived due to shifting dynamics in the derivatives market.  Ethereum’s Leverage Ratio plunges 15%  The liquidations in the ETH market earlier this week caused a significant drop in open…

The XRP Ledger (XRPL) experienced a network halt that lasted for just over an hour before successfully resuming operations, according to statements published by Ripple’s Chief Technology Officer, David Schwartz. The incident, which took place on February 4, saw the ledger freeze at block height 93927174 for 64 minutes before validators successfully rebooted it at 10:58 am UTC. XRP Ledger Halted For 1 Hour Blockchain explorers confirm that no new validations were published during the halt, raising immediate questions throughout the XRP community about the cause of the disruption. Moments after network activity resumed, Schwartz—also known as “JoelKatz”—took to X…

After a somewhat difficult start to the week, stablecoins, meme coins, and the crypto market in general saw a glimmer of light yesterday, with the introduction of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. Introduced by US senator Bill Hagerty, the bill aims to establish a regulatory framework for stablecoins. If passed into legislation, Tether ($USDT), USD Coin ($USDC), and other stable coins with market caps above the $10B mark would need to adhere to US Federal Reserve regulations. Meanwhile, stablecoins with market caps below the $10B threshold would be regulated by the individual states. Hagerty…

Anime-inspired blockchain RPG Avarik Saga has officially expanded to the Ronin Network.Initially built on Arbitrum, the game will now leverage the advantages of Ronin’s low-fee, high-speed transactions whilst maintaining its presence on Arbitrum.This move is designed to improve the overall gaming experience for players, with faster transactions and more accessibility. Additionally, the integration offers new opportunities for content creators within the ecosystem, allowing them to engage with the game in new ways. Source: Avarik SagaWhat is Avarik Saga?Initially launched on the Arbitrum network, Avarik Saga is an anime-inspired blockchain role-playing game that revolves around 8,888 generative NFT personas, each representing…

The oil market has been in the spotlight over the past few days due to the US President Donald Trump’s tariff narrative. Over the weekend, Trump had announced that a 25% import tariff on goods from Canada and Mexico and a 10% import tariff on goods from China would go into effect on Tuesday. However, Trump suspended the tariffs against Canada and Mexico for a month after both countries agreed to take action to reduce drug trafficking across the US border. A reduced tariff rate of 10% was to apply to energy imports from Canada. “This is probably due to…

The XRP Ledger has fully resumed operations after an unexpected disruption in transaction validation caused the network to halt for about an hour on Feb. 5, 2025. RippleX confirmed that XRP Ledger has resumed activity though the exact cause of the disruption is still unclear. Ripple’s Chief Technology Officer, David Schwartz, acknowledged the issue in his post on X, stating that validators had stopped publishing confirmations despite the consensus mechanism functioning normally. His preliminary observations suggest that servers may have deliberately withheld validations to prevent incorrect ledger acceptance. The network is now recovering. We don’t know exactly what caused the…

The launch of MELANIA came alongside a sharp market-wide sell-off. MELANIA appeared to absorb altcoins’ liquidity, but the meme has been in a downtrend since then. The Official Melania Meme [MELANIA] was launched on the 19th of January, on the eve of Donald Trump’s Presidential Inauguration, a day after the launch of the Official Trump [TRUMP] memecoin. The launch of MELANIA came alongside high volatility for the rest of the market. Source: TOTAL3 on TradingView The altcoin market cap excluding Ethereum’s [ETH] was shown above. It had been within a range since late November, and broke below it during Monday’s…