Author: Yeek.io

Binance has unveiled the inclusion of Solv Protocol (SOLV) as the 3rd project on its Megadrop platform. Solv Protocol, a Bitcoin staking protocol, aims to establish a Bitcoin-centric financial ecosystem.  SOLV Binance Megadrop Key Details Token Name: Solv Protocol (SOLV) Maximum Token Supply: 9,660,000,000 SOLV (subject to increase via network governance for Bitcoin Reserve Offering) Total Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max token supply) Megadrop Token Rewards: 588,000,000 SOLV (7.00% of genesis token supply, 6.09% of max token supply) Initial Circulating Supply on Binance Spot Listing: 1,482,600,000 SOLV (17.65% of genesis token supply, 15.35% of max token supply)…

Homepage > News > Finance > Russia’s CBDC faces opposition; T-Bank dabbles in tokenization The Bank of Russia (BoR) has shared its central bank digital currency (CBDC) business model, which includes free consumer-to-consumer payments. However, local banks are fighting back, accusing the government of planning to put them out of business. Two years ago, Russia’s CBDC development was moving sluggishly. Then came the sanctions following its conflict with Ukraine, and since then, the central bank has expedited the development of the digital ruble to ease the pain of the sanctions. In its latest move, it has published the business model…

L1 network HyperLiquid has activated staking on its mainnet with an initial $8.4 billion token lock up and 16 validators. On-chain perpetual exchange heavyweight HyperLiquid unveiled native staking for its (HYPE) token on Dec. 30, allowing holders to generate rewards for blockchain participation. The protocol, known for its decentralized derivatives trading venue, reports $2.64 billion in 24-hour trading volume and generates over $1 million daily in fee revenue, according to DeFiLlama. Within the first hour of staking activation, users deposited approximately 7 million HYPE tokens, distributed across 16 validators. Staking involves locking up cryptocurrencies to secure decentralized networks, with stakers…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. To succeed in web3, brands need to understand that the future of loyalty isn’t about locking customers into closed systems. It’s about setting them free—free to own their data, control their rewards, and engage with brands on their own terms. Loyalty programs have never been more popular, but they’ve also never felt so outdated. As the inflation crisis eases, customers continue to trade personal details for deals—gaining access to ‘normal’ prices while non-members pay a premium. This…

Toncoin saw a sharp decline in interest for Swaps on TON DEX. TON has declined by 3.06% over the past 24 hours. Since the Christmas Eve upswing, Toncoin [TON] has traded sideways. Therefore, since hitting a high of $6, TON has retraced to $5.6. TON’s lack of an upward momentum has left analysts talking. Inasmuch, CryptoQuant analyst Joao Wedson has cited the continued decline in interest for Swaps as one of the factors affecting the altcoin. Decline in Interest for Swaps In his analysis, Wedson observed that the number of swaps on the Toncoin network decentralized exchanges has experienced a…

Speculation about possible listings on two major exchanges may have reignited whale interest, driving PNUT’s recent rally. Peanut the Squirrel (PNUT) rose 15.4% over the past 24 hours, exchanging hands at $0.7102 while bringing its market cap to over $710 million. The meme coin’s daily trading volume was also up 190%, hovering over $596 million at press time. PNUT’s rally came despite a 1.8% drop in the broader meme coin market, valued at $107.3 billion, and a 3.1% drop in the global crypto market, which stood at $3.41 trillion at press time. Why did PNUT surge? The meme coin rallied…

I’ve been thinking recently about post-apocalyptic wastelands. Specifically, about this scene from Mad Max: Fury Road, when the main characters have just escaped the first wave of pursuit, and are staying ahead of their would-be captors. They need to keep moving, but still need to do maintenance on the centerpiece of the movie: a gigantic “war rig” truck driving them to safety. So Charlize Theron climbs out under the cab to make some repairs en-route: The idea of conducting repairs on a big complicated truck while it’s still moving is just so appropriate for the film’s high-octane drama. It occurred…

Everdome is a Metaverse space that combines creativity, blockchain technology, and easy-to-use tools. Its digital currency, called DOME, lets users host events, own virtual land, and explore a growing Metaverse. In this article, we’ll look at what Everdome is, how its “Experience to Earn” (E2E) idea works, and why it could soon become a major player in virtual worlds. What is Everdome? Everdome’s main goal is to make new digital tools accessible to everyone—whether you’re new to blockchain or an experienced user. Users can buy or rent virtual land and turn it into a hotspot for art shows, concerts, or…

Homepage > News > Business > 2024 sees India embracing blockchain for various use cases India, the world economy’s new beacon of hope, as Finance Minister Nirmala Sitharaman described it, solidified its position as a global leader in blockchain and Web3 adoption, showcasing significant progress across multiple sectors. The most significant was the Ministry of Electronics and Information Technology’s (MeitY) Vishvasya-Blockchain Technology Stack, a framework that provides Blockchain-as-a-Service (BaaS) through a geographically distributed infrastructure. Launched by MeitY Secretary S. Krishnan, the initiative aims to enhance digital trust and improve service delivery. The National Blockchain Framework technology stack is designed with…

The large Chainlink token holders accumulated more tokens valued at $76.9 million to leverage the recent price slump to $21.50 as analysts predict a potential surge to $80 by May 2025.  Looking into the on-chain data shows Chainlink whales bought 3.58 LINK tokens valued at $76.9 million as prices stumbled as the broader market suffered the Fed-led rout.  The Large crypto holders identified as whales bought the dip as the market tumbled following the hawkish remarks by the Federal Reserve chair Jerome Powell hinting at a slower rate cut in 2025. Blockchain analytics platform Santiment attributes the whale activity…