Author: Yeek.io

Homepage > News > Finance > China targets digital asset transactions with stricter forex laws China’s forex regulator is tightening the country’s foreign exchange laws to crack down on digital asset transactions in the country’s latest digital currency purging campaign. The State Administration of Foreign Exchange has released new rules for commercial banks, requiring them to flag any forex trade they deem risky, such as those involving digital assets. They are also required to report trades involving cross-border gambling and underground banks. They must identify the transacting parties, the source of funds, the trading frequency, and other related data, reports South China…

ARB recently recorded a significant net outflow chain, a trend that often leads to price declines. However, both whales and retail investors have absorbed selling pressure, betting on ARB’s potential for further gains. After a month-long decline of 19.37%, Arbitrum [ARB] has reversed course. Over the past week, it surged by 24.03% and has extended its upward momentum with a 4.85% gain in the last 24 hours. Recent data suggests that ARB’s recovery is being driven by strong participation from whales and retail traders. While current market sentiment supports further growth, potential risks to this trend remain. Massive chain outflow…

Virtual Protocol’s price surge highlights growing interest in decentralized gaming, as ReadyGamer promises to merge AI, blockchain, and autonomous worlds into the gaming landscape. Having experienced a major pump in the last few days, Virtual Protocol (VIRTUAL) continues to garner attention, reflecting increased investor confidence in the token and its ecosystem. The introduction of ReadyGamer, a joint venture with Sovrun that intends to incorporate AI, blockchain, and autonomous worlds into Web3 gaming, further underscores the growing market interest in VIRTUAL. VIRTUAL has increased by 5.55% over the last day, and it is now trading at $3.88. Its 24-hour trading volume…

Este artículo también está disponible en español. Ethereum price extended its increase above the $3,650 zone. ETH is consolidating and aims for a fresh increase above the $3,750 resistance. Ethereum started a decent recovery wave above the $3,700 zone. The price is trading above $3,650 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,660 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $3,750 resistance level. Ethereum Price Climbs Above $3,700 Ethereum price remained stable above the $3,550 level and…

London, United Kingdom, June 14, 2016 – The Ethereum Foundation is pleased to announce Microsoft as the Premiere Sponsor of Devcon2, the Ethereum developer conference in Shanghai, 19-21 September, 2016. Devcon2, which will showcase the most up-to-date research and development work supported by the Foundation, also represents the most comprehensive Ethereum-focused developer’s conference to date. The Ethereum Foundation’s Chief Scientist, Vitalik Buterin, notes that “We are very happy to have Microsoft’s sponsorship for Devcon2 and highly appreciate their continued support and collaboration with the Ethereum Foundation and the Ethereum ecosystem. We look forward to continuing to work together in the…

SOL was showing strong signs of life, with its TVL nearing a new ATH and bullish performance across key internal metrics. All signs pointed to continued momentum, but…. If there’s one coin that’s grabbing attention this new year, it’s Solana [SOL]. After a tough month-long downtrend from its ATH of $264, HODLers’ patience is finally starting to pay off. Solana has surged back into double digits, bringing its price back to mid-December levels. There’s still more ground to cover. The recent $1 billion in stablecoin liquidity is being absorbed. Solana’s Total Value Locked (TVL) is now nearing $12 billion. Clearly,…

In a major advancement for the cryptocurrency sector, Gemini Trust, headed by the Winklevoss twins, Tyler and Cameron Winklevoss, has consented to pay $5 million to resolve allegations made by the Commodity Futures Trading Commission (CFTC).  Gemini Addresses CFTC Claims Of Deception In Bitcoin Futures Launch According to a Bloomberg report, the agreement seeks to address allegations that the exchange allegedly deceived the regulator while trying to launch the inaugural US-regulated Bitcoin futures contract.  The suggested agreement was revealed in a combined court submission on Monday, preventing a trial that was scheduled to start on January 21, coinciding with Donald…

Bitcoin price is recovering losses above the $100,000 zone. BTC is showing positive signs and might continue higher if it clears the $102,500 resistance zone. Bitcoin started a decent increase above the $98,800 zone. The price is trading above $100,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support at $99,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $98,500 support zone. Bitcoin Price Reclaims $100K Bitcoin price started a decent upward move above the $96,500 resistance…

An attack has been found and exploited in the DAO, and the attacker is currently in the process of draining the ether contained in the DAO into a child DAO. The attack is a recursive calling vulnerability, where an attacker called the “split” function, and then calls the split function recursively inside of the split, thereby collecting ether many times over in a single transaction. The leaked ether is in a child DAO at https://etherchain.org/account/0x304a554a310c7e546dfe434669c62820b7d83490; even if no action is taken, the attacker will not be able to withdraw any ether at least for another ~27 days (the creation window for…

FET crypto outperformed BTC, ETH, and other key assets with a 7.5% upside momentum in the past 24 hours.  80.23% of top traders on Binance built long positions, while 19.77% built short positions. Artificial Superintelligence Alliance [FET] is making waves in the cryptocurrency realm following the formation of bullish price action and a recent price rally. The current market sentiment appears confusing as Bitcoin [BTC] nears the $100,000 mark yet again with an impressive 1.36% upside momentum, while other cryptocurrencies seemed to struggle. FET crypto outperforms BTC, ETH Amid this market uncertainty, FET has noted a 7.5% upside momentum in…