Author: Yeek.io

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…

PostFinance, a Swiss state-owned bank, has announced the launch of crypto staking for its customers. On Jan. 16, PostFinance announced that it has expanded its crypto trading and custody solution to include staking. The bank will offer Ethereum (ETH) staking and plans to extend the service to other cryptocurrencies in the future. PostFinance’s move positions it alongside other major banks offering crypto staking, allowing their customers to earn passive income from their ETH deposits. Customers will be able to access ETH staking via the bank’s e-finance and PostFinance App. This development comes nearly a year after the bank added support…

What Defines a Strong DeFi Crypto?For a DeFi project to succeed, it must meet certain criteria. Below are the key attributes most decentralized finance projects should possess:Clear and Accessible DocumentationDocumentation must explain technical details in a way everyone can understand. Transparency builds trust.Robust Security FeaturesSecurity is critical, as many still consider blockchain technology experimental. Features like insurance and safety measures are essential.UniquenessProjects need distinct features to stand out. Without innovation, they risk losing traction.Community GovernanceDecentralization is the core of DeFi. Projects should empower users to shape their future.Strong TokenomicsTokens must be well-distributed. Developers holding most tokens can lead to distrust.…

There have been a number of very interesting developments in cryptography in the past few years. Satoshi’s blockchain notwithstanding, perhaps the first major breakthrough after blinding and zero-knowledge proofs is fully homomorphic encryption, a technology which allows you to upload your data onto a server in an encrypted form so that the server can then perform calculations on it and send you back the results all without having any idea what the data is. In 2013, we saw the beginnings of succinct computational integrity and privacy (SCIP), a toolkit pioneered by Eli ben Sasson in Israel that lets you cryptographically…

Telegram mini-app SEED has announced a partnership with the Sui Foundation to create a web3 gaming ecosystem with the goal of reaching 100 million players. By leveraging Sui’s Layer 1 blockchain, the developers aim to make blockchain gaming more accessible to players and developers alike.The initiative will also include the SEED Combinator Program, an accelerator designed to support startups in creating games and applications on the Sui network. With over 60 million existing users, SEED is positioned to drive substantial growth within the blockchain gaming space.Although financial details of the investment were not disclosed, the partnership promises innovative features like…

Aurora Labs has launched its self-serve zero coding platform Aurora Cloud Console, designed to help developers and businesses to build custom blockchains. The Aurora Labs team announced the launch of the self-serve, no-code platform via a press release shared with crypto.news on Jan. 16. According to the platform, Aurora Cloud Console will allow users to deploy customized Ethereum Virtual Machine-compatible blockchains and benefit from key features of the NEAR Protocol (NEAR). With the Console platform, users can quickly launch scalable blockchains, create meme coins, or scale global communities. Given the growing importance of blockchain technology in today’s innovation landscape, such…

The global GPU and data center market is expanding at an incredible rate. According to Global Market Insights, Graphics Processing Unit Market size was valued at USD 52.1 billion in 2023 and is projected to grow at a CAGR of over 27% from 2024 to 2032 Projections suggest continued growth over the next several years, due to the needs of artificial intelligence (AI) development, big data analytics, and cloud computing. Companies large and small rely on GPU-driven computing to handle complex tasks, train and run machine learning models, and support the infrastructures that power modern applications. Yet, while the top…