Author: Yeek.io

Coinbase founder and CEO Brian Armstrong says the latest memecoin frenzy is overwhelming the top US-based crypto exchange. Armstrong acknowledges that Solana is experiencing transactional delays on Coinbase amid a high volume surge in the trading of memecoins launched on the SOL network. In response to one customer complaining of delays on the social media platform X, Armstrong says, “Team is working hard on scaling our Solana infra now – lots of Solana activity last few days, we were not anticipating this level of surge.” Armstrong also responds to another customer complaining they’ve been waiting two days so far for…

Ross Ulbricht, sentenced to life in prison without the possibility of parole for creating the darknet market Silk Road, is free.Ulbricht is a freedom fighter to some, and a dangerous criminal to others. The former know Ulbricht as described in Forbes, “a principled libertarian and cypherpunk in the same vein as WikiLeaks founder Julian Assange and Bitcoin creator Satoshi Nakamoto”.Ulbricht had a theory: that violent drug cartels would have no chance sustaining themselves in a free market environment where the state did not control the use of substances, as non-violent operations would simply outperform the violent ones based on demand.Most…

Este artículo también está disponible en español. The Bitcoin price has shown a bullish pattern that could cause it to rally to between $150,000 and $170,000. Crypto analyst Gert van Lagen revealed how this could happen and what could come next after this price surge.  Bitcoin Price To Rally To As High As $170,000 Following Wave Formation The Bitcoin price is set to rally to as high as $170,000 following a wave formation. In an X post, Gert van Lagen revealed that Bitcoin had confirmed blow-off wave 5 within the $150,000 and $180,000 range by recently reaching a new all-time…

Seychelles, January 22, 2025: MEXC, the world’s leading cryptocurrency trading platform, announced the launch of the Jambo (J), an innovative on-chain mobile network project, scheduled for January 21, 2025, at 10:00 (UTC). The launch will be accompanied by Airdrop+ rewards of 28,000 J, 5,000 MX and 50,000 USDT. Empowering users with Jambo’s scalable on-chain mobile solutions Jambo is pioneering the development of the world’s largest on-chain mobile network through JamboPhone, a groundbreaking initiative designed to redefine decentralized finance in Africa. By leveraging cutting-edge blockchain technology, Jambo aims to enhance scalability, strengthen security, and improve user accessibility, creating a seamless gateway…

Ethereum Foundation faced calls for leadership reform to address governance challenges. Spot market demand for Ethereum dropped 84% as Bitcoin showed resilience. Ethereum’s [ETH] trajectory has come under intense scrutiny, with growing concerns surrounding its roadmap and governance structure. Execs weighs in on leadership reforms Anthony D’Onofrio, a founding member of Ethereum, took to X (formerly Twitter) to advocate for leadership reforms within the Ethereum Foundation—the organization at the heart of the blockchain’s development. His call for change highlights the mounting pressure on ETH to address internal challenges as it navigates the complexities of sustaining its position as a leading blockchain…

Ton Foundation, the organization overseeing development of the TON blockchain ecosystem, has shared two major announcements. The first concerns the reinforcement of its partnership with the Telegram messenger app, making TON the exclusive blockchain for all Telegram mini-apps. The second outlines TON Foundation’s vision for a passwordless future secured by expanding TON Connect, its web3 authentication solution. TON Foundation expands Telegram partnership By designating TON as the exclusive blockchain for Telegram’s mini-apps, TON Foundation has made sure that crypto experiences on Telegram will direct to the network it is dedicated to supporting. The move is about more than cementing TON’s…

Este artículo también está disponible en español. Many analysts are ruminating on the next significant milestone, as the remarkable price increase of Bitcoin has captivated the market’s attention. A research company, 10x Research, predicts thatthe alpha coin could reach $122,000 by February. Although this may appear to be an ambitious goal, it is consistent with the optimistic perspective of numerous experts who have observed Bitcoin’s capacity to surpass critical price thresholds since the approval of Bitcoin ETFs. Related Reading Bitcoin: Robust Momentum The momentum of Bitcoin is undeniable. In recent months, its price has fluctuated in a consistent manner, with…

If you’ve been paying attention to blockchain news, you’ve probably seen the hype around NFTs and how they’re being used to fund crypto projects. NFTs started as digital collectibles but have evolved into a way to build communities and bootstrap big ideas. One example is SOON (Solana Optimistic Network) which just raised $22m through an NFT sale to support their Ethereum Layer 2 mainnet launch. In this post, we’ll go over the basics of NFT fundraising, get into SOON’s approach and why this tech could change how we fund blockchain projects. The Rise of NFT Fundraising Using NFTs for fundraising…

Bitcoin momentarily dipped below $100k on Monday as President Trump kept crypto policy on the sidelines during his first day in office but recovered back and stabilised around $104,000 throughout the past 24 hours. The overall cryptocurrency market capitalisation was down -0.75% in the last 24 hours at $3.76 Trillion but was quickly moving towards this week’s high of over $3.8 trillion when writing. A risk-on sentiment returned among traders, reflected in the Crypto Fear and Greed Index rising by 8 points to 84, indicating extreme greed in the market. Why is Bitcoin going up? Since Trump seized victory, the…

A new court ruling has reversed the sanctions placed on crypto mixer Tornado Cash (TORN) by the US government. According to a recent filing by the New Orleans-based U.S. Court of Appeals for the Fifth Circuit, the previous decision to place sanctions on the digital assets tumbler has been lifted. “It is ordered and Adjudged that the judgment of the District Court is reversed, and the cause is remanded to the United States Court of Appeals District Court for further proceedings in accordance with the opinion of this Court.” Tornado Cash was first sanctioned by the Treasury Department’s Office of…