Author: Yeek.io

CryptoQuant CEO and founder Ki Young Ju has stated that Chinese authorities have already liquidated a massive trove of BTC originally tied to the PlusToken scam. Posting on X (formerly Twitter) on January 23, Ju stated: “China sold 194K Bitcoin already, imo. PlusToken’s seized BTC in 2019 was sent to Chinese exchanges like Huobi. The CCP said it was ‘transferred to the national treasury’ without clarifying if it was sold. A censored regime holding censorship-resistant money feels unlikely.” He followed up with further details about the possible fate of these Bitcoins: “The seized BTC from the PlusToken scam was mixed…

Homepage > News > Business > History of Bitcoin on CoinGeek Weekly Livestream On this episode of the CoinGeek Weekly Livestream, Kurt Wuckert Jr. takes us on a walk down memory lane before outlining his vision for the future of Bitcoin. Being CoinGeek’s Chief Bitcoin Historian, Wuckert knows what went down and how we got here, so this episode should be of great interest to anyone who wants to understand Bitcoin from launch to the current day. 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=””> Back to the beginning In 2008, the world experienced one…

On Jan. 24, THORChain announced via X that it had paused its network due to excessive debt and leverage issues impacting its ecosystem. The platform owes nearly $200 million in ecosystem debt. In DeFi, ecosystem debt occurs when a blockchain owes more tokens than it holds, as seen with THORChain’s current situation. This often results from overambitious promises or mismanagement, leading to financial imbalances. On the other hand, leverage risk comes when users are using their crypto assets as collateral to borrow against to improve their positions. Leverage risks can magnify profits but also come with massive losses if the market…

Web3 gaming studio Hyve Labs has successfully raised $2.75 million in a pre-seed funding round, positioning itself to revolutionize blockchain-based gaming. Major Investors and Funding Details: The funding round was spearheaded by Framework Ventures, with additional participation from Volt Capital, Builder Capital, and 32-Bit Ventures. Notable angel investors from gaming giants like Zynga and InfiniGods also contributed to the round. The company’s primary focus is on creating a decentralized gaming ecosystem that simplifies game development on blockchain platforms. Strategic Plans for the $2.75 Million: Hyve Labs is planning to utilize the funds to accelerate its gaming infrastructure development, such as…

President Trump just signed an executive order to evaluate the creation of a strategic national Bitcoin and crypto stockpile, as well as prevent the development of a Central Bank Digital Currency (CBDC) while boosting stablecoin adoption. The order, entitled “Strengthening American Leadership in Digital Financial Technology,” states the administration supports the “responsible growth” and use of digital assets and blockchain technology. The order revokes President Biden’s previous digital asset directives and creates a new working group that will coordinate and propose a unified regulatory approach to digital assets within 180 days. “The Working Group shall evaluate the potential creation and…

Este artículo también está disponible en español. In an analysis provided by crypto analyst Kevin (@Kev_Capital_TA), Dogecoin (DOGE) emerges as an altcoin defying current market skepticism, with technical indicators suggesting a bullish continuation rather than a peak. Dogecoin Is Still Bullish Kevin’s latest post on X highlights Dogecoin’s performance against its 50 and 200-day simple moving averages (SMA). “Dogecoin is still seeing fast expansion on the 50 and 200 simple moving averages after its weekly golden cross occurred,” he noted. This golden cross, a bullish indicator where the 50-day SMA crosses above the 200-day SMA, suggests sustained upward momentum. Related…

The TRUMP coin has shown wild price swings, jumping from under $10 to $75 before dropping to $32.44. The MELANIA coin has followed a similar pattern. Warren emphasized the dangers these volatile coins pose to investors, highlighting their speculative and trend-driven nature.A key issue raised is the possibility of foreign influence. Warren cautioned that foreign governments or individuals could purchase these coins, potentially funneling money to the Trump family. This, she argued, could threaten U.S. national security and spark ethical concerns.Warren also criticized the lack of consumer protections, noting that the coin issuers include disclaimers that absolve them of fraud…

Vitalik Buterin has cautioned against abandoning Ethereum’s chosen path in favor of profit-driven models like those seen in Solana. Ethereum (ETH) co-founder Vitalik Buterin warns that profit-driven models, like those in Solana (SOL), could mess with Ethereum’s principles, stressing how important it is to keep the network decentralized and socially grounded, calling it a contrast to what he calls the “Wall Street greed-is-good mentality.” In a blog post on Jan. 23, Buterin highlighted Ethereum’s decade-long mission to create a “global, censorship-resistant permissionless blockchain” and how it’s rooted in open-source values, much like projects like Linux and Mozilla. “The goal of…

Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Azuki 9,973.04 ETH 1646 ethereum View 2 Azuki Elementals 1,682.18 ETH 2847 ethereum View 3 Pudgy Penguins 1,167.17 ETH 61 ethereum View 4 BEANZ Official 876.71 ETH 2746 ethereum View 5 Milady Maker 549.55 ETH 104 ethereum View 6 Doodles 447.59 ETH 95 ethereum View 7 CryptoPunks 403.03 ETH 9 ethereum View 8 Lil Pudgys 376.23 ETH 196 ethereum View 9 Bored Ape Yacht Club 247.06 ETH 17 ethereum View 10 Mad Lads 0.00 ETH 33 solana View

SONEX, an AI-powered decentralized exchange platform, has successfully raised $1 million in seed funding within a 60-day period. This funding round was led by Outliers Fund, but contributions came from other investors like Baboon VC, Taisu Ventures, Nonagon Capital, Flow Traders, Gate Ventures, and Lootex. The company also received funding from a lead investor who preferred to remain anonymous. The capital will be used on the development of new features in the form of derivatives trading and peer-to-peer trading pools. SONEX will also improve security measures to fully protect user assets and expand infrastructure for a rapidly growing user base.…