Author: Yeek.io

Quick take: A16z Crypto and Blockchain Capital co-led the round. Merit Systems’ new protocol seeks to create an economic model that rewards developers proportionate to their contributions. Its founders Sam Ragsdale and Mason Hall previously worked with A16z’s investment teams while Ryan Sproule was at Blockchain Capital. Merit Systems has raised $10 million in a seed round co-led by A16z Crypto and Blockchain Capital. The fundraising was completed at a post-money valuation of $55.5 million, The Block reported. Merit is developing an attribution protocol for open-source projects that reward developers based on their contributions. The company aims to create a…

Some top altcoins, like Ethereum and Solana, have continued to lead the charge with significant bullish potential ahead of the new year. This bullish sentiment has seen whales like BlackRock buy up to $300 million worth of Ethereum tokens.  Solana’s market trajectory has slowed, but that’s not stopping investors from being bullish. Meanwhile, the Elluminex DeFi hub is about to introduce a revolutionary project to the TON network that will solve common DeFi problems. Investors Bullish On Solana Token Despite 14% Retracement From Recent ATH The current quarter of the year has been bullish for the most part for Solana…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI has identified Rollblock as a top altcoin, with its unique GambleFi platform poised for massive gains and a potential 50x return. AI has picked Rollblock (RBLK) as a leading altcoin for investors looking for more exciting crypto gains. Let’s examine why crypto analysts agree this GambleFi token is well positioned to crush Cardano, SUI, and Shiba Inu with a potential 50x return. New altcoin Rollblock tipped for market-beating returns Crypto betting is growing into a compelling megatrend, and…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…

Ethereum saw an upswing, breaking through the $3,400 mark as the markets reacted to political waves leading toward a presidential inauguration. After struggling for a week, from Jan. 11 to 17, Ethereum (ETH) broke the downward movement, pushed past its last resistance level of $3,400 and is currently trading at $3,406.72 at the time of writing. Ethereum’s price breaks the $3,400 resistance, rallying to $3,424 as bullish momentum builds ahead of the anticipated Pectra upgrade and political developments. Source: crypto.news This market optimism is driven by speculations that President-elect Donald Trump would sign an executive order related to cryptocurrency when…

2Intesa Sanpaolo, Italy’s largest bank by total assets, has made its first move into the cryptocurrency market by purchasing $1 million worth of Bitcoin. According to Reuters, the transaction for 11 BTC was completed on Monday, January 13.  CEO Carlo Messina described the purchase as “a test.” He explained that while the bank does not aim to become “a Bitcoin player,” it recognizes the need to understand the market. Messina noted, “The bank has very sophisticated clients that may ask for this kind of investment, and you can’t serve them unless you have a presence in the market.”  This move follows the bank’s steps…

Homepage > News > Business > Tether moves HQ; Bitfinex messes with Trump’s BTC plans Tether is moving to El Salvador, where its stablecoin is celebrated for something other than being the common currency of bad actors. On January 13, Tether announced that it and its subsidiaries “are about to complete all formalities to relocate to El Salvador.” The move follows the country’s National Commission of Digital Assets (CNAD) issuing Tether a Digital Asset Service Provider (DASP) license and a stablecoin issuer permit last August. Tether cited El Salvador’s embrace of BTC as part of the reason behind its move,…

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.Final Results for December CFP & DFIP Voting RoundThe latest governance voting round for DeFiChain concluded with six DeFiChain Improvement Proposals (DFIPs) and five Community Fund Proposals (CFPs) on the ballot.Here are the final outcomes from the voting.2024: A Year Full of Achievements The year 2024 marked a transformative chapter for DeFiChain, as it delivered a series of landmark innovations that significantly enhanced the platform’s capabilities and utility.As we step into a new…

Netradyne, a leading SaaS provider of AI-powered fleet management and edge computing, announced securing $90 million in a Series D funding round. This latest capital influx will be put toward speeding the growth of the company through investments in research and development and aggressive expansion into markets globally. Point72 Private Investments led the Series D funding, Qualcomm Ventures, Pavilion Capital among those notable participants who would like to see Netradyne emerge further as the world leader in commercial fleet technology. Total Funding Reaches $308 million: In this round, Netradyne has raised a total of $308 million in funding so far…

TRON saw the largest decline in illicit volume, with figures for the same dropping by $6 billion TRX registered a hike of 3.02% on the charts Over the past year, TRON has worked hard to restore its reputation and increase its acceptability, while reducing legal troubles. In fact, the blockchain has attempted to fight crimes by restricting and confiscating assets acquired through criminal activities. To do the same, the likes of TRON, Tether, and TRM Labs started working together in 2024 through T3 FCU. According to Justin Sun, these efforts are now bearing fruit, with illicit volume falling across the…