Author: Yeek.io

A widely followed crypto analyst says that one crypto sector appears as if it’s going to outpace the others in the coming days. In a new thread on Telegram, pseudonymous crypto trader Crypto Capo tells his audience on Telegram that the artificial intelligence (AI) sector will continue outperforming the rest of the digital assets industry. According to Capo, the price actions of decentralized cloud computing platform Phala Network (PHA) hint at a breakout for AI cryptocurrencies, leading him to accumulate under-the-radar AI-based tokens, such as Phoenix (PHB) and Streamr (DATA). “Phenomenal performance of PHA, which could be a leading indicator…

The Financial Conduct Authority, the UK’s financial watchdog, faces challenges in enforcing its rules on illegal crypto advertisements. Despite flagging 1,702 illegal cryptocurrency ads, websites, and apps between October 2023 and October 2024, only 54% were removed online, with nearly half still active and luring potential investors or unsuspecting victims, the Financial Times disclosed. The FCA has the authority to regulate these advertisements and file criminal cases against individuals or groups that violate a new law that aims to fix the messy side of the country’s crypto markets. The current rules allow the FCA to review and approve these ads…

The Ethereum network will be undergoing a scheduled upgrade at block number 7,280,000, which is predicted to occur on Thursday, February 28, 2019. The exact date is subject to change depending on block times between now and then and could be activated 1-2 days before or after. A countdown timer can be seen at https://amberdata.io/blocks/7280000. You can monitor the network upgrade in real time at http://forkmon.ethdevops.io/. What is Constantinople and St. Petersburg? Constantinople and St. Petersburg are the names given to this network upgrade. Previous network upgrades have been given other names such as Spurious Dragon and Byzantium. The reason…

In this Uphold review, we’ll dive into everything you need to know about using the Uphold app as a cryptocurrency exchange and more. If you’re wondering, is Uphold safe?, we’ll cover the platform’s security measures and show you how it protects your assets. We’ll look at the pros and cons, fees, and explore why Uphold stands out by offering access to multiple asset classes, from crypto to metals and fiat currencies. What is Uphold? Uphold is a multi-asset trading digital platform, including cryptocurrencies, fiat currencies, and precious metals. With access to over 300 assets, it stands out with its “Anything-to-Anything”…

Major US equity benchmarks rose on Thursday, starting off the new year on a positive note after sharp gains in 2024. At the time of writing, the Dow Jones Industrial Average was up 0.8%, while the S&P 500 index also rose 0.8%. The Nasdaq Composite climbed 0.9% from the previous close. Energy stocks helped build gains on Thursday with Chevron rising 1.5% and renewable stock Enphase Energy surged more than 5%. Meanwhile, shares of Tesla dropped after the company posted declines in annual deliveries last year. Stocks fell in the last few sessions of last year, but the year still…

Quick take: The Solayer protocol seeks to horizontally scale the Solana Virtual Machine (SVM) akin to what EigenLayer is to the Ethereum network. Solayer Labs, also announced an upcoming season one claim, without providing specific dates. The LAYER token will be distributed in three phases with season one available to all eligible participants and protocol partners. Solayer Labs, the company developing Solayer, a crypto restaking protocol on Solana has announced the formation of Solayer Foundation, the non-profit organisation that is focused on accelerating the mission of scaling distributed systems, starting with Solayer. “The Foundation’s role is to support advanced research…

After breaking out of a bullish pattern, Destra crypto now faces a significant resistance level. There was an influx of liquidity into DSYNC, influencing the overall positive sentiment. Following a 9.32% decline over the past month, Destra [DSYNC] has begun to recover, posting an 18.27% gain in the last week. This rally accelerated over the past 24 hours, with the asset surging by 27.23%. Market signals indicate that DSYNC still has room for additional upside. According to analysis by AMBCrypto, the asset’s recent performance is largely driven by market participants injecting liquidity despite previous slowdowns. Halfway to a new all-time…

Este artículo también está disponible en español. The crypto market showed signs of revival yesterday, with several assets experiencing significant price surges after weeks of subdued action. Chainlink (LINK) stood out, gaining over 15% in just 24 hours, solidifying its position as one of the stronger altcoins in the current environment. This sharp recovery highlights growing interest in LINK as market sentiment shifts. Related Reading Renowned analyst Jelle shared a technical analysis on X, revealing a critical development in Chainlink’s price action. According to Jelle, LINK has successfully flipped a key resistance level into support—a bullish signal that often precedes…

Do Kwon, the South Korean cryptocurrency entrepreneur and co-founder of Terraform Labs, pleaded not guilty on Thursday to a series of criminal fraud charges in a Manhattan federal court.  This comes just days after his extradition from Montenegro, where he had been detained for over a year. His case centers around the collapse of TerraUSD and Luna (LUNC), which collectively lost an estimated $40 billion in 2022. Ordered To Remain In Custody Following Court Appearance According to a Reuters report, federal prosecutors unsealed a nine-count indictment accusing Kwon of multiple offenses, including securities fraud, wire fraud, commodities fraud, and conspiracy…

Solidity Optimizer and ABIEncoderV2 Bug Announcement Through the Ethereum bug bounty program, we received a report about a flaw within the new experimental ABI encoder (referred to as ABIEncoderV2). Upon investigation, it was found that the component suffers from a few different variations of the same type. The first part of this announcement explains this bug in detail. The new ABI encoder is still marked as experimental, but we nevertheless think that this deserves a prominent announcement since it is already used on mainnet. Additionally, two low-impact bugs in the optimizer have been identified over the past two weeks, one…