Author: Yeek.io

Homepage > News > Editorial > Bitcoin mining is still green technology Bitcoin mining has long been criticized as “wasteful” by those who fail to grasp its broader utility. While many rush to praise proof-of-stake (PoS) systems, proof-of-work (PoW) mining offers a crucial and often overlooked environmental benefit. Properly deployed, Bitcoin mining doesn’t just consume energy—it captures and monetizes energy that would otherwise be wasted. Flaring from oil fields, methane from landfills and agricultural operations, and stranded gas in remote locations have been unavoidable inefficiencies of the energy industry for generations. Bitcoin mining has transformed these emissions into pure opportunities to create and benefit…

Former Helius lead infrastructure engineer Miles Smith has accused Helius founder Mert Mumtaz of corporate misrepresentation, workplace toxicity, and attempting to sabotage his career after he left Helius in 2023. In a lengthy X article posted on January 30, 2025, Smith claimed, among other things, that Mumtaz stole intellectual property from the winning team at a Solana (SOL) hackathon in 2023, screamed verbal abuse at a corporate vendor, and used deceptive tactics to misrepresent the technical capacity of Helius in a way that inflated its appearance. Eventually, Smith said, Mumtaz constructively dismissed him and began actively obstructing subsequent fundraising efforts…

Buttcoin, a Solana meme coin parodying Bitcoin, is up a staggering 150% in the last 24 hours.  Buttcoin (BUTTCOIN) has surged 150% in the past 24 hours, yet still trading at $0.0002624, 95% below its all-time high of $0.005723 reached on Jan. 6, according to CoinGecko. With a market cap of just $271,577, Buttcoin has seen a 2,740.60% increase in trading volume, hitting $1,691,174 million in the last 24 hours. Buttcoin is gaining traction after a viral video from 11 years ago resurfaced on X, claiming to be the origin of Buttcoin’s lore. The coin was also mentioned on The…

In the cryptocurrency market, there has always been rivalry for dominance, with projects fighting for market share, uptake and utility. A top cryptocurrency asset that is gaining popularity because of its creative strategy is Remittix, one such aspirational competitor. Since Remittix has a strong use case and market momentum, analysts argue that investing in it might offer big returns, even though the pricing of Shiba Inu is still a heated topic. The Rise and Limitations of Shiba Inu (SHIB) Shiba Inu (SHIB) became a meme coin by taking advantage of Dogecoin’s increasing popularity. It gained a devoted following fast, saw…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto scams are surging across the United States, with the FBI’s latest cryptocurrency report revealing that Americans lost a staggering $5.6 billion in 2023—a worrying 45% increase from 2022. Alarmingly, older adults, particularly those over 65, were hit hardest, collectively losing more than $1.6 billion. California has borne the brunt of these losses, recording the highest state total at $1.1 billion. What makes these losses even more striking is the volume of financial fraud complaints received by…

Este artículo también está disponible en español. Crypto analyst CobraVanguard has revealed that the Bitcoin price has entered an ascending phase after a cup and handle formation at the $105,000 level. Based on this bullish pattern, the analyst highlighted the price target that BTC could reach as it enters this ascending phase.  Bitcoin Price Could Rally To $123,000 As It Enters Ascending Phase In a TradingView post, CobraVanguard predicted that the Bitcoin price could rally to $123,000 as it enters the ascending phase by the cup and handle pattern. According to the analyst, BTC is in a large cup and…

Memecoins have once again captured the crypto world’s attention, but this time it’s not Elon Musk making headlines—it’s his father, Errol Musk. The 77-year-old has endorsed “Musk It,” a meme-based cryptocurrency that aims to raise between $150 million and $200 million. Launched in December by a Middle Eastern crypto firm, the token has since gained traction following Errol’s public backing. The project joins the growing trend of celebrity-linked cryptocurrencies, a movement that has already seen figures like former US President Donald Trump attract investor interest. Unlike established assets such as Bitcoin or Ethereum, these tokens often lack clear utility and…

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.A Closer Look at the February DFIP & CFP Voting RoundCheck out our blog for details on the 5 DeFiChain Improvement Proposals (DFIPs) up for vote. Inform yourself and don’t miss your chance to have a say in the future of DeFiChain!Read more about it here.Automatic On-chain Payments Are Now LIVE!We’re excited to share that Automatic On-chain Payments are now fully operational! During the last payout cycle, CFP funds were successfully distributed…

  Solana’s price was consolidating at $237.80 while maintaining a bullish market structure. The ecosystem showed robust health, with Solana ranking third in weekly NFT sales volume. The Solana[SOL] ecosystem has entered a critical consolidation phase, with the asset currently trading at $237.80, marking a slight decline of 0.22% in the last 24 hours. While the recent price action suggests a period of indecision, several technical indicators point to interesting developments beneath the surface. Solana technical indicators paint a complex picture Solana’s Moving Averages(MA) showed an intriguing pattern, with the MA Cross (50, 200) currently positioned at 212.84 and 181.42,…

The year’s first Federal Open Market Committee (FOMC) meeting concluded on a bullish note. In short: no rate cuts, dovish FED, and an improved labor market situation. In response, Bitcoin ($BTC) rallied to $105K for the first time since last Friday, and the cumulative crypto market cap rose from $3.45T to $3.6T. Let’s unpack the FOMC meeting highlights and what they mean for crypto. Fed Chooses Economic Growth Over Battling Inflation As usual, the FOMC touched on key economic indicators like employment rate, inflation, and GDP growth and discussed ways to enhance monetary policy. Key takeaways: Unemployment rate has decreased…