Author: Yeek.io

Development has steadily continued over the last month and a half as we approach the launch of Metropolis. Over a series of core dev calls over the last few months, we have specified and finalized the EIPs for Metropolis, and made the appropriate changes to the Yellow Paper. Metropolis has now been split up into two consecutive forks, named “Byzantium” and “Constantinople”. EIPs for Byzantium (Metropolis part one) are essentially finalized, and the last remaining work to be done has to do with writing tests and making sure that all clients are passing all tests. The Ethereum network continues to…

Cryptocurrency analyst and trader Michaël van de Poppe believes the altcoin market correction may come to an end just weeks into 2025. In a new video update, Van de Poppe tells his 169,000 YouTube subscribers that he expects the TOTAL3 chart to soon witness a bullish reversal on the weekly chart. The TOTAL3 chart tracks the market capitalization of all crypto assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins. “When you look at the altcoin markets in the sense that you’re looking at the TOTAL3, for instance, which is the altcoin market cap in USDT valuation, then at this point…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI raises $7M in presale at $0.004, gaining traction for its AI-blockchain creativity and investment potential. Lightchain AI has quickly become one of the most talked-about projects in the cryptocurrency space, thanks to its unique approach to integrating artificial intelligence into blockchain technology. With its presale price of $0.004 and over $7 million already raised, the platform has captured the attention of both retail and institutional investors. But is Lightchain AI a good short-term investment, or does its…

Stablecoins’ Growing DominanceAmong the first users of these terminals was the CEO of the Web3 company Reality+, Tony Pearce. He notes that while Bitcoin dominates in terms of public attention, stablecoins have become more practical for everyday payments. His point is clear: BTC payments have not grown but instead have stalled. The figures support this, with the US Federal Reserve reporting that the use of cryptocurrencies for transactions dropped to just 1% of the population in 2023.The rise of stablecoins highlights their dominance in payments. In 2023, Coinbase reported that stablecoins processed over $10.8 trillion in transactions—growing at a 17%…

The Go Ethereum team is proud to announce the next release family of Geth, the first incarnation focusing on laying the groundwork for the upcoming Metropolis hard forks (Byzantium and Constantinople), consisting of 125+ code contributions for various parts of the project. Byzantium fork The current incarnation of Geth contains all the Byzantium EIPs implemented and also features the fork block number 1,700,000 for the Ropsten testnet transition. The block numbers for Rinkeby and the main Ethereum network will be finalized when Ropsten is deemed stable. You can find details about individual protocol updates at the following locations: Performance optimizations Aside…

In the early 2010s, crypto projects introduced a new way to raise capital with their Initial Coin Offerings (ICOs). With this method, which bypasses traditional venture capital, startups could reach a global pool of investors and raise millions in exchange for tokens tied to their often undeveloped projects. Ethereum’s $18 million ICO in 2014 set a precedent, inspiring others like Filecoin ($257 million) and Tezos ($232 million) during the 2017 ICO boom. These successes showcased the potential of decentralized fundraising. However, the meteoric rise of ICOs brought challenges. Lax oversight and a rush of unvetted projects led to scams and…

A California man, Ken Liem, has taken legal action against three prominent Asian-based banks—Fubon Bank, Chong Hing Bank, and DBS Bank—for allegedly facilitating a $1 million cryptocurrency scam. The lawsuit, filed in a California district court on December 31, 2024, claims that these banks failed to meet fundamental financial compliance requirements, including Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, which might have prevented the fraud. Allegations Of Compliance Failures And Financial Oversight The lawsuit traces the scam’s origins back to June 2023, when Liem was approached on LinkedIn with what seemed to be a legitimate cryptocurrency investment opportunity.…

Este artículo también está disponible en español. Dogecoin has jumped into the New Year’s market rally, making an impressive 25% move in just the first few days of 2025. The meme coin, known for its enthusiastic community and historic rallies, has joined the broader market upswing that many crypto assets are currently enjoying. Top analyst Bluntz recently shared a technical analysis on X, highlighting that after this surge, Dogecoin is now showing undeniably impulsive behavior again. According to Bluntz, the price action suggests that DOGE could be gearing up for further gains if it manages to break through critical supply…

After weeks of consolidation, Ethereum (ETH) appears to be breaking out to the upside from its $3,200 to $3,500 trading range. Bullish technical indicators on the ETH chart, coupled with strengthening fundamentals, suggest significant upside potential for the second-largest cryptocurrency by market cap. Is Ethereum Eyeing $4,000 Target? Last month, Ethereum attempted to breach the critical $4,000 resistance level twice but failed on both occasions. Between December 16 and December 19, ETH experienced a steep decline, falling from $4,000 to as low as $3,100 – a drop of more than 20% within three days. Since December 19, ETH has remained…

Polkadot’s breakout and technical indicators pointed to a potential rally towards $24 Rising development activity and social dominance highlighted growing market interest in the altcoin Polkadot [DOT] has grabbed market attention with its recent price action, following a notable breakout from a descending channel pattern. With a price of $7.72 following gains of 6.54% at press time, the altcoin seemed to be demonstrating some promising momentum on the charts.  Needless to say, the ongoing activity and metrics surrounding Polkadot have sparked curiosity about its potential direction in early 2025. DOT breaks key resistance with a strong setup Polkadot’s descending channel…