Author: Yeek.io
Choosing the Right CryptocurrencyThere are so many cryptocurrencies available today. Some are new and untested, while others are well-established and widely used. When selecting a cryptocurrency as a gift, it’s best to choose a trusted and stable option.Popular Cryptocurrencies for Gifting:CryptocurrencySymbolReason to GiftBitcoinBTCMost recognized and widely acceptedEthereumETHSupports smart contracts and decentralized appsSolanaSOLKnown for fast transactions and low feesUSD CoinUSDCA stablecoin tied to the US dollarIt’s always best to first research the coin before you purchase it. Keep in mind the recipient’s interests and how they might use the gift.Ways to Gift CryptocurrencyThere are several ways to give cryptocurrency. Every method…
B3, a Layer-3 gaming chain built on Ethereum’s Layer-2 network Base, has announced plans to launch its native token designed to play a central role in its efforts to expand its ecosystem.Developed by a team of former Coinbase employees, B3 is designed to provide a more affordable and efficient platform for on-chain gaming, offering faster and cheaper transactions than Ethereum’s mainnet.The token is intended to serve as an incentive for developers and players, with more details expected to be revealed soon. Source: B3What is B3?B3 is a gaming-focused blockchain platform built on Ethereum’s Base network.Launched in August 2024, the platform…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In the summer of 2016, a flaw in Ethereum’s most prominent decentralized autonomous organization led to the theft of more than $50 million of Ethereum (ETH) —around 4.5% of all Ethereum in circulation at the time—an incident which became colloquially known as The DAO Hack. The episode marked a defining moment for blockchain security, with the industry responding with enhanced smart contract auditing, formal verification, and, in time, more secure programming frameworks. It was a crisis-driven innovation,…
Arbitrum has teamed up with modular layer-1 network zkVerify to make zero-knowledge proof verification faster for blockchain developers. Proof verification on Arbitrum (ARB) is about to become more efficient and cost-effective as zkVerify has integrated with the layer-2 solution, reducing verification costs by 91%, crypto.news can exclusively report. Zero-knowledge proofs let users verify information without exposing sensitive details, but they can be expensive and slow to process. By offloading this task to zkVerify, Arbitrum developers and users gain faster verification and lower costs. For instance, the integration allows decentralized finance users to prove creditworthiness with reduced fees, while DAOs can…
Trading online is gaining quite a buzz with Statista predicting this market could be worth $13B by 2026. However, traders must deal with the dilemma of picking between CEX and DEX, both of which have benefits and challenges. This is where DTX Exchange (DTX) comes in. It is a revolutionary trading platform designed to eliminate all weaknesses and create a hybrid. As such, they position themselves as the only trading platform traders will ever need. Those interested are now buying its native token, DTX, which is in phase eight of its presale. Since early buyers of this altcoin are already…
Tesla’s Bitcoin bet is paying off in a big way. The electric vehicle giant reported a $600 million unrealized gain on its Bitcoin holdings in Q4 2024, thanks to a new accounting rule update that allows companies to reflect fair market value for their crypto assets. This marks a significant shift in how corporate crypto holdings are reported, bringing greater transparency to balance sheets. Accounting Rule Change Gives Tesla A Boost For years, companies holding Bitcoin had to follow outdated accounting standards that only recognized impairment losses—meaning if BTC price dropped, companies had to report the loss. But if the…
Este artículo también está disponible en español. The FED has kept interest rates unchanged at a range of 4.25% to 4.50% after three consecutive rate cuts. Jerome Powell, FED chair, said that the policymakers are in no hurry to adjust their policy stance, which has been ‘significantly less restrictive.’ Unemployment rates have also stabilized at lower levels during the past few months, and labor market conditions look strong. Even better, Powell’s stance seems pro-crypto. He claimed banks can offer crypto services to customers, which is a bullish signal few people expected. This could shine bright on new crypto projects looking…
Homepage > News > Business > Cantor has ‘no equity’ in Tether, Trump makes $250M crypto bet U.S. President Donald Trump has found yet another way to make ‘crypto’ bank while Tether’s biggest Wall Street fan says artificial intelligence (AI) will scrub away its crypto crime stains. On January 29, Howard Lutnick, the boss of Wall Street financial services firm Cantor Fitzgerald (NASDAQ: ZCFITX) and Trump’s nominee for Secretary of Commerce, sat for a Senate confirmation grilling that only briefly questioned his ties to Tether, the issuer of the largest stablecoin by market cap (USDT). On January 27, Sen. Elizabeth…
A Chinese artificial intelligence (AI) model called DeepSeek has taken the tech world by storm, soaring to the top of Apple‘s App Store downloads and shaking up the global AI industry. Its rapid rise has caught the attention of investors, AI experts, and even political leaders, triggering shifts in financial markets and raising questions about China’s growing dominance in AI development. The latest version of DeepSeek was released on January 20, 2025, it has been making waves among AI professionals and immediately drew the entire tech industry into its spotlight. Today, it is a global phenomenon, triggering debates on innovation,…
The percentage of SHIB wallets that are in profits has dropped to 47%, marking the lowest level in three months. The declining MVRV ratio also indicated that traders were seeing reduced unrealized profits on their holdings. Shiba Inu [SHIB] was trading at $0.0000186, at press time, after a slight 0.9% gain in 24 hours. Despite this, the meme coin remains down nearly 7% in the last seven days. One factor affecting SHIB’s performance could be a decline in wallet profitability, which has dampened investor sentiment. Wallets in profit hit a 3-month low The number of profitable Shiba Inu wallets has…