Author: Yeek.io

Monthly trading volume on decentralized exchanges (DEXes) has reached new all-time highs, according to the latest on-chain data. According to blockchain data aggregator DefiLlama, DEX volume for December was $422 billion, the highest ever on record. The month of November was also an all-time high, according to DefiLlama. Source: DefiLlama Uniswap, Ethereum’s (ETH) biggest DEX, recorded the most amount of volume while Raydium (RAY), the largest DEX on Solana, placed second. Most other chains saw an increase in volume, and DeFI as a sector is growing, perhaps getting a boost from President-elect Donald Trump who has ostensibly given a nod…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin investors move to DTX Exchange following its 288% price hike. DTX Exchange has become the favorite of momentum investors seeking long-term gains. The DTX presale has also stunned crypto experts with its amazing performance, raising $10.74 million so far. As investors shift towards utility coins from speculative meme coins, the meme coin sector has experienced significant losses in the last few weeks. Dogecoin (DOGE) has been continuously trading in a falling wedge pattern, with the last ten days…

Welcome to Devcon. We’ve got a lot to cover, and in this post you’ll read about it all! Read closely as we go over transit to the venue from Osaka’s airports, the Devcon Venue, the Agenda & Devcon App, and more! Please bookmark this piece to answer all questions that you may have related to early and on-site registration, experiences around the venue, participating during talks, side/after events and everything else Devcon5. To kick things off, let’s discuss how to get where you’re going. I. Transit Most attendees will be landing soon, and we want to make sure that you’re…

SUI was trading within a symmetrical triangle pattern, with a key support level to provide a potential base for upward momentum. A slight dip remains possible as the coin sought stronger support before resuming its bullish trajectory. Over the past 24 hours, SUI has declined by 4.89%, suggesting further downside risk in the short term. Despite this, the asset’s monthly gain of 24.75% highlights its broader bullish trend. Based on technical indicators and on-chain data, SUI may soon break out of its current range and rally toward a higher price zone, potentially reaching $4.96 in the near term. SUI trades…

The Dogefather (Elon Musk) never stops memeing. Even on New Year’s Eve. As most of us were running last pre-celebration errands or sipping (quaffing?) champagne, Musk was doing what he does best. Shitposting on X. Because how you spend New Year’s Eve is how the rest of the year will go. And Musk evidently plans to keep ‘keking.’ Without much explanation, Musk changed his profile picture to an image of Kekius Maximus – a meme featuring Pepe the Frog dressed as a Roman general. Users quickly drew parallels with the new meme coin Kekius Maximus ($KEKIUS) and hopped on a…

Although the internet has been more quiet than usual, we’ve been super busy hacking away on eth2! Between Devcon5 and keeping our heads down to work, it seems we’ve left the community in the dark on a couple of items. Here’s a quick update to fill in the gaps. Deposit Contract Although the deposit contract has been written, tested, and formally verified, we are working to allow the BLS standardization to stablize prior to launch. One goal of eth2 is to be easily interoperable with other blockchains and systems in general, and to that end, we do not want our…

The Floki DAO has approved a proposal that seeks to allocate a portion of Floki supply as liquidity funding for a Floki exchange-traded product. The decentralized autonomous organization, which supports the development of the FLOKI (FLOKI) project, unanimously passed the proposal. What this means is that part of the 16.3 billion FLOKI tokens in the community buyback wallet will help fund the soon-to-be launched Floki ETP. Meanwhile, the project will permanently burn the rest of the tokens. With this development, Floki is poised to become the only other meme coin besides Dogecoin (DOGE) that offers an ETP via a regulated…

A frog-themed memecoin is up massively after billionaire Elon Musk changed his username on the social media platform X. According to Musk’s X profile, his name has been changed to “Kekius Maximus,” a vague reference to the frog-headed Egyptian god Kek, whose name has been used to convey laughter by gamers and internet users. Kek has also been associated with Pepe the Frog, a cartoon character who inspired the $8.1 billion market cap memecoin PEPE. The Tesla CEO’s abrupt name change led to a staggering surge for Kekius Maximus (KEKIUS), an Ethereum-based frog-themed altcoin, which skyrocketed by over 32,000%, going…

Bitcoin is fiat. Now go ahead, take the time you need to get it out of your system. Breath deeply. Blood pressure still up? Okay, let’s try this then. What does fiat mean? An arbitrary order or decree. Fiat currencies are given value by the authority of governments. They have value because the State decides they have value, and will accept them in payment of taxes. So how is Bitcoin fiat? A king waives his hand and gives fiat value. But there is no King of Bitcoin. Right? Wrong. It’s us. We collectively give value to Bitcoin through our decision…

Welcome to the second installment of eth2 quick update. tldr; Spec release of v0.9.0 — Tonkatsu to ensure Phase 0 development can continue unimpeded.Work continues in ironing out the details of the modified Phase 1 proposal.Quiet client development focused on eth1 -> eth2 infrastructure, general hardening for production, and optimizations. Tonkatsu Release As promised on the latest eth2 call, we pushed things forward to release v0.9.0 release — Tonkatsu. This release is largely simplifying with respect to Phase 0. The goal here is to remove any portions of Phase 0 that are opinionated about Phase 1 to ensure Phase 0…