Author: Yeek.io

Ross Ulbricht, the founder of the notorious Silk Road marketplace, recently made headlines again—not for his controversial past or his pardon by former President Donald Trump, but for a staggering $12 million loss incurred while trading a memecoin on the platform Pump.fun.  Ross Ulbricht $12 Million Mistake On January 29, Ulbricht, or an individual with access to his Solana wallet, reportedly attempted to manage liquidity for ROSS tokens, a meme coin created by his supporters to raise funds following his release.  Ross Ulbricht received 50% of the total supply of these tokens, which were designed to generate financial support in…

Sony Block Solutions Labs has introduced Soneium Conquest, a four-week initiative designed to familiarise users with web3 technologies through practical, hands-on learning.The campaign, hosted on the Galxe platform, is aimed at creators, developers, and newcomers to blockchain, offering a structured introduction to dApps, NFTs, and other blockchain-based interactions.By engaging participants with interactive tasks and challenges, Soneium Conquest intends to break down the barriers to understanding web3, making the transition to blockchain technology more accessible. Source: SoneiumWhat is Soneium Conquest?Soneium Conquest is an educational program launched by Sony Block Solutions Labs to help users explore the Soneium blockchain, an Ethereum Layer-2…

POL has made a basic recovery over the past 24 hours, hiking by 1.22%. Polygon whales have started accumulating the dip with large holders’ inflow surging by 3624.46%. Since hitting $0.76 in December 2024, Polygon [POL] has traded on a descending channel, making lower highs and lower lows. Over this period, POL has declined to a low of $0.38. This marked a 10.42% decline over the past month. This sustained downtrend has left analysts talking. Inasmuch, popular crypto analyst Ali Martinez has suggested a potential correction. Source: X In his analysis, Martinez noted that POL could be on the verge…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Whales are quietly backing 1Fuel as its presale surges, with analysts predicting a 100x potential in 2024. With the recent prevalence of meme coins this year, there is so much volatility in the market, leaving a mixed trail of ecstasy and despair. Crypto enthusiasts scramble to find the next 100x token, placing their bets on whatever looks like the next big thing. Meanwhile, whales who are not moved by the market winds but often dictate the flow have been…

Vitalik Buterin recently responded with a call to accelerate Ethereum’s scaling efforts. He proposed increasing data availability blobs from three to 128 as quickly as possible. Layer 2 (L2) networks need more blobs to store data affordably. Meanwhile, major L2 projects like Base, Arbitrum, and Optimism are working on unifying the ecosystem.With Pectra scheduled for March, many are asking: How much will it help with scaling? And what other benefits will it bring?Pectra Hard Fork: What’s Included?Initially, Pectra was supposed to be Ethereum’s biggest upgrade ever, with up to 20 Ethereum Improvement Proposals (EIPs). However, it was later split into…

Este artículo también está disponible en español. Ethereum’s price action is showing signs of an impending breakout as it moves back and forth within a falling wedge pattern on the daily candlestick time frame chart. According to an analysis first posted on the TradingView platform, this formation is a strong bullish signal that could push the Ethereum price toward $3,800 if history repeats itself.  The falling wedge, which is generally known to be a bullish price action structure, is developing between the 50-day and 200-day moving averages for Ethereum, in line with a similar pattern from that preceded an Ethereum…

Quick take: The token becomes the first public on-chain offering for accredited investors of Apollo. The tokenised fund will also be available on Ethereum, Aptos, Avalanche and Polygon from the first day of launch. Securitize is leveraging its partnership with Warmhole to deploy Apollo’s tokenised fund across multiple blockchains. The U.S. Asset management firm Apollo has launched its first on-chain tokenised fund in partnership with Securitize. The Apollo Diversified Credit Securitize Fund (ACRED) marks the first integration for Securitize with the Solana blockchain and Kraken’s layer-2 network, Ink. The tokenised fund will also be available on Ethereum, Aptos, Avalanche and…

Securitize has expanded its tokenized real-world asset (RWA) offerings by integrating with Solana as part of a new collaboration with Apollo Global Management. The partnership introduces a tokenized version of the Apollo Diversified Credit Fund (ACRED), offering on-chain access to private credit investments.Solana Powers Securitize’s New Tokenized Private Credit OfferingAccording to a recent X post, Securitize has launched a tokenized private credit fund in partnership with Apollo Global Management. The fund, known as Apollo Diversified Credit Securitize Fund (ACRED), provides accredited investors with blockchain-based access to corporate direct lending, asset-backed finance, and structured credit.The fund, which manages over $1.2 billion…

In a significant acknowledgment of the growing influence of the cryptocurrency market and its flagship asset, Bitcoin (BTC), Michael Saylor, co-founder of MicroStrategy, graces the cover of Forbes Magazine.  The feature article, released today, chronicles Saylor’s journey toward building what some are calling his Bitcoin proxy company, a vision that has been fueled by his company’s continuous investment in BTC. Michael Saylor’s Bitcoin Empire The article highlights a pivotal moment in the cryptocurrency landscape: last year, following the US Securities and Exchange Commission’s (SEC) approval of Bitcoin ETFs, Bitcoin’s price soared, more than doubling over the span of 12 months…

Este artículo también está disponible en español. In a market breakdown shared on X, independent trader and Zero Complexity Trading founder Koroush Khaneghah points to a handful of critical crypto charts that he believes could dictate the next major market move. Khaneghah, who has invested in over 50 startups, emphasizes that the charts for BTC/USD, BTC Dominance (BTC.D), TOTAL2, ETH/BTC, and SOL/BTC provide invaluable insights into the crypto market’s current condition and possible future shifts. BTC/USD: Defining The Crypto Market Khaneghah identifies BTC/USD as the yardstick for gauging what stage of the bull run the market might be in. According…