Author: Yeek.io

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…

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…