Author: Yeek.io

Konstantin Lomashuk, Lido Finance’s co-founder, teased a “Second Foundation” for Ethereum as the community debated ongoing changes to administrative structures. Lomashuk first suggested the idea in December, expressing reservations about the Ethereum (ETH) Foundation’s operations amid broad community backlash. “The idea of a ‘Second Foundation’ is more about creating competition between different groups, giving the community a choice,” Lido’s co-founder explained at the same. Lomashuk quoted a Second Foundation X page on Wednesday, signaling intent to follow through with the concept. The development came as many within the Ethereum community, and the larger crypto landscape, criticized the Ethereum Foundation’s structure,…

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from…

Quick take: The Seed round was closed at a valuation of $50 million. Founded in 2021, Keplr claims to be the largest Cosmos chain-based wallet with over 2 million users. The company has since expanded its service to include EVM-compatible networks. Keplr, a self-custodial crypto wallet service provider built on the Cosmos chain has raised $5 million in a seed round led by 1Confirmation. The fundraising also attracted participation from Coinbase Ventures, HashKey Capital, Chorus One Ventures, Skip Protocol, Binary Builders and others.  The fundraising was closed at a valuation of $50 million, according to a report by The Block.…

Leveraged tokens and perpetual futures represent two distinct approaches to achieving leveraged exposure. At the heart of leveraged tokens’ unique behavior lies their rebalancing mechanism, designed to maintain leverage within a targeted range. This contrasts with perpetual futures, where the leverage factor fluctuates in tandem with the price movements of the underlying asset.But beyond the mechanics, how do these instruments fare in the real world? Which scenarios favor the performance of one over the other? And importantly, how can one use this knowledge to select the most appropriate instrument for their needs?This article delves into these questions by examining various…

Dogecoin holders have stayed patient through consolidation. With “hype” building, is the breakout finally here? Dogecoin [DOGE] looks ready to break out, eyeing its Q4 rally high of $0.48 from last year. Why? With a DOGE ETF creating ‘sell-the-news’ buzz and its growing influence in U.S. politics, the coin is just 16% shy of its post-election surge. So, could HODLers finally see their patience rewarded? Don’t get swayed  With all the “hype” around Dogecoin, including its symbol showing up in important places, that 16% spike doesn’t seem too far off. Add in the growing interest in a DOGE ETF, and…

DryRun Security, a Texas-based startup specializing in AI-powered application security (AppSec), has raised $8.7 million in seed funding led by LiveOak Ventures, with participation from Cannage Capital. The funding will fuel the company’s engineering growth and expand its Go-To-Market (GTM) strategy. Addressing AppSec Challenges: As businesses manage increasing volumes of code, AppSec teams struggle to pinpoint security risks amid growing backlogs and outdated code scanning tools. DryRun Security’s innovative approach finds critical vulnerabilities—” the needle in the haystack” – to identify unknown risks before they escalate. Innovative Solutions: Co-founded in 2023 by AppSec veterans James Wickett and Ken Johnson, DryRun…

Aptos consolidated in the $7.50-$8.50 accumulation zone, signaling potential for a bullish rally. Open Interest at $224.99M (+8.89%) reflected renewed speculative activity as APT neared the $10 resistance level. Aptos [APT] has experienced a sharp correction, but at press time, the price had moved to consolidate in a crucial accumulation zone between $7.50 and $8.50.  This zone, marked on the chart as an “area to hold for continuation,” indicates strong buying interest that could pave the way for further bullish momentum. The Relative Strength Index (RSI) indicated neutral-to-bullish conditions, leaving room for upward movement.  Source: X If APT successfully clears…

As speculation about the possibility of Donald Trump developing a strategic Bitcoin reserve in the United States (US), one crypto pundit has laid out a compelling sequence of events they believe must occur before such a move becomes a reality. The pundit’s analysis centres around key figures like Ross Ulbricht, the founder of Silk Road and the role of the US marshals in managing the seized Bitcoin assets.  When The US Bitcoin Reserve Will Be Announced A crypto pundit known as ‘Bio99’ on X (formerly Twitter) asserts that Ulbricht’s recent release from prison was an important first step toward announcing…

Este artículo también está disponible en español. While the Bitcoin price is hovering just below the old all-time high of December 17, US Senator Cynthia Lummis and Eric Trump reportedly convened at the Capitol yesterday to discuss the notion of creating an American Strategic Bitcoin Reserve (SBR). Bloomberg’s Steven Dennis broke the news, while Swan, a crypto-focused platform, spotlighted Eric Trump’s now-deleted retweet about the meeting. Almost as soon as Eric Trump retweeted Swan’s post referencing talks with Senator Lummis on the SBR, he pulled it down without explanation. “What’s brewing behind the scenes?” Swan queried in a subsequent tweet,…

Bitcoin hit a new all-time high in anticipation of Trump’s inauguration and prioritization of crypto, however the event disappointed many traders. BTC has since corrected to $105,000 on Tuesday. US-based crypto assets could face volatility in the weeks ahead if the Bitcoin strategic reserve and other promises made pre-election are left unfulfilled.  Bitcoin missing from the agenda on Trump’s first day President Donald Trump assumed the oval office on January 20, post his inauguration event. While crypto market had pinned their hopes on an executive order or declaration of crypto as a national “priority” on the first day the crypto…