Author: Yeek.io

A UK judge has ordered the seizure of $4.3 million in Bitcoin (BTC) from a British crime lord known as “Don Car-Leone.” The ruling comes after the fugitive failed to prove the crypto holdings weren’t related to criminal activities. Fugitive Crime Boss Claims Bitcoin Fortune Is Lawful UK High Court judge Mr. Justice Timothy Mould recently granted the Crown Prosecution Service (CPS) the right to seize £3.5 million worth of Bitcoin, around $4.3 million, from convicted crime boss Alexander Surin, also known as “Don Car-Leone.” According to The Telegraph’s report, Surin fled to Dubai after being convicted in France in…

The Balance of Power (BoP) indicator, tracked on a 12-hour chart, points to potential price weakness. Currently at -0.12, this negative value suggests sellers are exerting more influence despite the price increase. This indicates the rally may lack strong buyer support and could lose momentum.Another key metric adding to the bearish bias is the Chaikin Money Flow. It was reading 0.11, indicating that selling pressure outweighs buying. More trading volume is associated with price declines than gains.BGB is currently trading at $6.44. Analysts note that if the bearish trend continues, the token could lose some of its gains. It may…

Special thanks to Gavin Wood for prompting my interest into abstraction improvements, and Martin Becze, Vlad Zamfir and Dominic Williams for ongoing discussions. For a long time we have been public about our plans to continue improving the Ethereum protocol over time and our long development roadmap, learning from our mistakes that we either did not have the opportunity to fix in time for 1.0 or only realized after the fact. However, the Ethereum protocol development cycle has started up once again, with a Homestead release coming very soon, and us quietly starting to develop proof-of-concepts for the largest milestone…

Kazakhstan authorities have blocked over 3,500 illegal cryptocurrency exchanges in a move to address money laundering concerns. According to a recent press release from the AFM RK, the country’s financial watchdog, the regulator liquidated 36 illegal crypto platforms in 2024 with a combined turnover of 60 billion tenge (roughly $112.84 million) and has blocked access to over 3,500 unregistered crypto trading platforms in collaboration with the National Security Committee and the Ministry of Culture and Information. Citing an uptick in money laundering activities, the regulator said these exchanges lacked anti-money laundering measures and did not impose proper Know-your-customer protocols, making…

Canada-based Sol Strategies has raised more capital for its SOL investments.  A crypto VC projected a bullish outcome for SOL if ETF is approved.  Solana’s [SOL] MicroStrategy’s equivalent, Sol Strategies, secured a CAD $25M (about USD $17.4M) credit for purchasing SOL tokens and revamping its staking services. Part of the Canada-based firm’s statement read,  “The Company plans to deploy these tokens across its core focus areas within the Solana ecosystem, including decentralized finance protocols, validator operations, and strategic liquidity provision to emerging Solana-based projects.” SOL ETF expectations The institutional interest in the layer-1 platform could explode in the coming months…

Este artículo también está disponible en español. Bitcoin (BTC) has seen bullish but unsteady price action in early 2025, with recent data highlighting shifting sentiment among US investors. After briefly crossing the $102,000 mark yesterday, the asset has struggled to maintain upward momentum, shedding most of its recent gains as it stands at just below $100,000. These developments coincide with critical insights from key on-chain metrics that offer a clearer view of Bitcoin’s short-term trajectory. Related Reading Bitcoin’s Price Struggles Despite Positive Coinbase Premium Index Signal A CryptoQuant analyst known as Burak Kesmeci recently shared insights on the Coinbase Premium…

Este artículo también está disponible en español. After a phenomenal 2024, which saw XRP’s price surge from around $0.50 to as high as $2.90, the cryptocurrency is now range-bound, trading at $2.31 at the time of writing. However, a key pattern on the weekly chart suggests that XRP could be on the verge of another significant breakout. Half-Mast Flag Pattern Can Propel The Digital Asset To New Highs XRP, the fourth-largest cryptocurrency with a total market cap of over $134 billion at the time of writing, had a spectacular 2024. The digital asset’s price increased more than five times in…

Special thanks to Vlad Zamfir for introducing the idea of by-block consensus and convincing me of its merits, alongside many of the other core ideas of Casper, and to Vlad Zamfir and Greg Meredith for their continued work on the protocol In the last post in this series, we discussed one of the two flagship feature sets of Serenity: a heightened degree of abstraction that greatly increases the flexibility of the platform and takes a large step in moving Ethereum from “Bitcoin plus Turing-complete” to “general-purpose decentralized computation”. Now, let us turn our attention to the other flagship feature, and…

Traditional Markets and Crypto See notable declines The conventional and cryptocurrency markets both suffered significant downturn on January 7, 2025. Stronger-than-anticipated economic data sparked worries about the Federal Reserve postponing its scheduled rate reductions, therefore generating uncertainty in the whole financial industry. Bitcoin Comes Below $97,000 The biggest Bitcoin, plummeted to $96,909, down more than 5% in the last 24 hours. There were notable liquidations in the crypto market resulting from this abrupt drop. Coinglass claims that over one day, around $483.44 million in long positions were sold. Not alone did the sell-off affect Bitcoin; Ethereum dropped over 8%, while…

Homepage > News > Business > South Africa issued 248 VASP licenses as adoption soared in 2024 South Africa’s financial watchdog issued nearly 250 licenses to VASPs in 2024 and is still considering over 50 more amid a surge in digital asset trading on local platforms. The Financial Sector Conduct Authority (FSCA) revealed in an update that since it implemented a new licensing regime in June 2023, it had received 420 license applications. It approved 248 applicants and declined nine. A further 106 applicants voluntarily withdrew their applications after consulting with the watchdog. Voluntary withdrawal allows the applicant to re-apply…