Author: Yeek.io

Homepage > News > Business > Indian exchanges offer take over, financial help to WazirX CoinDCX, India’s first digital currency unicorn, has expressed interest in taking over the ailing WazirX exchange, while CoinSwitch exchange has initiated a $70 million asset recovery program to help WazirX users who lost money due to the cyberattack of July 2024. WazirX, once India’s largest digital asset exchange by trade volume, suffered a $235 million cyberattack last year and has been struggling to recover ever since. North Korea’s Lazarus Group carried out the WazirX hack. This underscores increasing worries about the security weaknesses of global…

Toshi breaks out of its descending channel, aiming for critical resistance at $0.00034224. Market sentiment improves as transactions and open interest surge, signaling growing confidence. Toshi [TOSHI] has surged by an impressive 20% over the past 24 hours, capturing the interest of crypto traders. At press time, TOSHI was trading at $0.00029317, showing a decisive breakout from a descending channel that had constrained its price for months.  This breakout is significant as it positions the price to test the key resistance at $0.00034224. If $TOSHI clears this resistance level, it could target the next milestone of $0.00059901, signaling a potential…

Earlier today, Coinbase announced the launch of “Bitcoin-Backed Loans” using Base, its native blockchain. But there’s one problem. (Actually, two.) These loans are not backed by Bitcoin, nor are they even on the Bitcoin blockchain. It’s disappointing that, in 2025, companies are still willingly omitting key details to mislead Bitcoin holders into giving up custody of their coins.Here’s the truth: these loans are collateralized by cbBTC, Coinbase’s Bitcoin-wrapped product designed to compete with wBTC and tBTC. This is not Bitcoin. In fact, cbBTC is arguably the most centralized of these “wrapped” BTC tokens. To understand the trust assumptions associated with…

Este artículo también está disponible en español. Dieser Coin hat wirklich einen erstaunlichen Start hingelegt. Binnen des ersten Tages im Presale investierten Anleger 1,5 Millionen US-Dollar in Mind of Pepe. Doch was steckt eigentlich hinter diesem neuen Projekt? Und welche Chancen als auch Potenzial können sich hier ergeben? Unglaublicher Start für Mind of Pepe Aktuell kommt eine echte Flut von Kryptowährungen auf den Markt. Dies ist nicht zuletzt dem aktuellen Bullenzyklus geschuldet. Aufmerksamkeit erregen nur wenige von ihnen, doch wer es schafft, der könnte definitiv für Anleger einen Blick wert sein, da hier der nächste Hype lauern könnte. In diesem…

My previous post introducing Ethereum Script 2.0 was met with a number of responses, some highly supportive, others suggesting that we switch to their own preferred stack-based / assembly-based / functional paradigm, and offering various specific criticisms that we are looking hard at. Perhaps the strongest criticism this time came from Sergio Damian Lerner, Bitcoin security researcher, developer of QixCoin and to whom we are grateful for his analysis of Dagger. Sergio particularly criticizes two aspects of the change: the fee system, which is changed from a simple one-variable design where everything is a fixed multiple of the BASEFEE, and…

Quick take: The bank also said it plans to introduce staking for other tokens soon. PostFinance launched crypto trading and custody services in 2024. The announcement comes just weeks after the central bank was asked to purchase and hold Bitcoin as a strategic reserve. Switzerland’s PostFinance has introduced Ethereum staking as part of its expanded cryptocurrency offerings. According to the Bloomberg report, the state-owned bank said it also plans to introduce staking for other tokens soon. The announcement follows the bank’s launch of crypto trading and custody services last year, which allowed its customers to easily “purchase or securely store…

The new Aurora Cloud Console, a groundbreaking, free-to-use plug-and-play solution for setting up your own decentralized network, has made it easier to create a blockchain than ever before. Aurora Labs said in an announcement today that it’s targeting decentralized application and memecoin developers who’re fed up with the sluggish transaction speeds and lack of customization options on better-known blockchains such as Ethereum. Instead of deploying your dApp or token on that network, the Aurora Cloud Console gives you the option of creating a dedicated and customized blockchain for your own purposes. In this way, it’s breaking new ground in blockchain…

Simplified access to leverage on your favorite markets is getting an upgrade. Our Base V3 deployment of Synthetix Leveraged Tokens is set to go live next week on January 21st. To celebrate this milestone, we’re running a five-week rewards campaign with 150,000 USDC and 75,000 OP for traders who mint Leveraged Tokens starting January 21st. For those who can’t wait, you can mint Leveraged Tokens on our V2 Optimism deployment today. Over five weeks, traders can get their share of OP and USDC tokens by minting Synthetix Leveraged Tokens on either OP or Base deployments. Those using the OP deployment will…

Spheron is a decentralized supercompute platform that simplifies how developers and businesses use compute resources. Many people see it as a tool for both AI and Web3 projects, but there is more to it than that. It brings together different types of hardware in one place, so you do not have to juggle multiple accounts or pricing plans. Spheron lets you pick from high-end machines that can train large AI models, as well as lower-tier machines that can handle everyday tasks, like testing or proof-of-concept work and deploying SLMs or AI agents. This balanced approach can save time and money,…

Meme coins have over the past few years solidified their position as an alternative investment asset in the modern-day financial market ecosystem.  According to a report by Coingecko, this crypto sector ranked as the second best performing narrative of 2024, with an average return of 2185% while the AI narrative carried the day with an average return of 2940%. What’s particularly intriguing about these metrics is that meme coins outperformed other crypto sectors, including DePIN, Layer 1, Gamefi, NFTs and DeFi which are considered to be more fundamentally attractive.   So, what’s the meme coin hype all about? At the very…