Author: Yeek.io
The market intelligence platform IntoTheBlock has explained why Avalanche (AVAX) could be a key network to watch in the cryptocurrency sector. Avalanche Has Been Witnessing Consistently High Activity Recently In a new post on X, IntoTheBlock has discussed about how two network-activity related metrics have been like for Avalanche recently. The indicators in question are the Active Addresses and New Addresses. The first of these, the Active Addresses, measures the total number of AVAX addresses that are participating in some kind of transaction activity on the network every day. The metric includes both senders and receivers in its count. The…
Este artículo también está disponible en español. De bekende Solana meme coin, dogwifhat (WIF), is vandaag met zo’n 8% gestegen naar $1,85. Momenteel ligt hij onder een sterke resistance, maar als hij hier bovenuit weet te breken, kan de meme coin met nog eens 50% stijgen. Is WIF klaar voor een comeback of zal hij zijn downtrend voortzetten? De huidige crypto hype – die lijkt toe te nemen – geeft dogwifhat een kans om te exploderen in de komende dagen en weken. Gaat dogwifhat verder stijgen? Dit zeggen de on-chain signalen De interesse in meme coins zoals dogwifhat is weer…
Bad actors stole roughly $2.3 billion from web3 projects, with Ethereum accounting for more than half of the total losses. According to the State of Web3 Security in 2024 report from Cyvers, 51% of the stolen funds came from Ethereum-based projects, largely due to its role as the leading blockchain for DeFi and its extensive liquidity. BNB Chain was the second most targeted blockchain, accounting for 24% of losses, while Bitcoin, XRP, and Arbitrum accounted for 5%, 4%, and 3%, respectively. Access control failures accounted for 81% of the total funds lost in 2024, linked to weak authentication and permission…
Cryptocurrency trader and analyst Ali Martinez is predicting a triple-digit rally for XRP as he offers his insight on two other altcoins. Martinez tells his 113,700 followers on the social media platform X that XRP could skyrocket by 200% from the current level. Citing on-chain data, the trader says that the third-largest crypto asset by market cap is currently experiencing heavy demand. “On-chain data reveals that whales have been heavily accumulating XRP. In the last week alone, they’ve purchased over 1.10 billion XRP. This buying pressure is building momentum. XRP has broken out of a bull pennant, a classic bullish…
Bitcoin heeft het de afgelopen 7 dagen goed weer goed gedaan. Dat is verrassend, want de afgelopen weken leek het er lang op dat er een grondige correctie zou gaan plaatsvinden. Gelukkig was er deze week veel positief nieuws uit de Verenigde Staten, wat het geloof in de Bitcoin koers weer deed aanwakkeren. Daardoor staat Bitcoin op het moment weer boven de $100.000 en is het interessant om te zien wat er de komende dagen gaat gebeuren. Gunstige inflatie in de Verenigde Staten Gunstige inflatiecijfers uit de Verenigde Staten waren de afgelopen weken een van de redenen waarom Bitcoin stijgt.…
How Does Crypto Burning Work?The process of burning crypto typically involves transferring tokens to an address where they cannot be accessed. Known as a “burn address” or “eater address,” this wallet lacks private keys, ensuring the tokens sent there are irretrievable. Projects may initiate burns at specific intervals, based on predefined rules or community votes, or as a one-time event.Common methods of burning include:Manual Burns: Developers decide when and how many tokens to burn.Automated Burns: The process is programmed into the blockchain, often tied to transaction fees or smart contracts.Buyback and Burn: The project buys tokens from the market and…
Ethereum Foundation developers anticipate the Pectra upgrade to launch in the mainnet around March 2025. In a call on Jan. 16, known as Execution Layer Meeting 203, led by Tim Beiko, Protocol Support Lead at the Ethereum (ETH) Foundation, the developers reviewed the progress of the Pectra upgrade, which will be implemented after the Dencun update. The team confirmed that Pectra Devnet5, a specialized developer testing network created for Ethereum developers to trial the Pectra upgrade, is now live. https://twitter.com/terencechain/status/1879892324353991052 What issues will Pectra upgrade solve? The Pectra upgrade is a paramount step in addressing some of the core issues…
Homepage > News > Business > 6 digital asset ATMs installed daily in 2024: report As the digital asset market added over $1.5 trillion to its market cap in 2024, boosted by the rise of an insane memecoin rally where even the most absurd projects minted hundreds of millions of dollars (Fartcoin, CumRocket, and Unicorn Fart Dust, to name just a few), one of the big winners was the digital asset ATM sector, a new report has revealed. Last year, 2,217 digital asset ATMs were installed globally, a 6.02% rise year-on-year, the report by Finbold revealed. This translated to just…
HBAR soared 20%, driven by a new partnership in the RWA tokenization market and rumors of an upcoming HBAR ETF. Hedera (HBAR) rallied for four consecutive days to reach a 38-month high of $0.399 on Jan. 17, with its market cap briefly surpassing Stellar Lumens (XLM) before settling at $14.5 billion at press time. HBAR’s recent gains were accompanied by a surge in activity and demand among traders, as reflected in the doubling of its trading volume to over $2.65 billion in the last 24 hours and a 25% rise in open interest in the futures market, reaching $562.46 million…
We live in a world where technology continues to push boundaries, unlocking new possibilities. Yet, the challenges of scalability, real-time efficiency, and trust in decentralized systems remain unresolved. These challenges are particularly critical for Decentralized Artificial Intelligence (deAI) and Decentralized Science (DeSci) applications, which demand immense computational resources, real-time data processing, and secure, verifiable systems to manage their complex operations. The Problem Traditional blockchain networks struggle to meet the demands of modern applications. Their inherent limitations, such as slow transaction confirmation times and the need for global on-chain consensus, prevent them from delivering the low-latency, high-throughput performance required by real-time…