Author: Yeek.io

The Securities Commission of Malaysia has instructed Bybit and its chief officer to cease the operation of all digital platforms in Malaysia and also halt all advertisements targeting Malaysian audiences. The SC published in its media release that it has begun enforcement proceedings against Bybit, a cryptocurrency exchange, and its business chief, Ben Zhou, for providing a crypto-selling platform without adequate registration on Dec. 27. The platform had been ordered to cease all digital platforms operating in Malaysia from Dec. 11 onwards, within 14 business days. This also includes Bybit’s website and mobile applications. The company must also cease advertising to Malaysian investors…

Venture capitalist Chris Burniske says crypto investors with long-term conviction should be chomping at the bit for entries into the market amid the correction. Burniske, a former analyst at Cathie Wood’s ARK Invest and current partner at Placeholder, says that Bitcoin (BTC) has likely already printed its lows for the bull run, and given that “quality alts” are down significantly, opportunities for the crypto bulls are abound. “Loving where the market is right now. BTC is making PTSD (post-traumatic stress disorder) people fear a precipice when it’s already filled the liquidation wick and fell as far as ~15% from its…

Former German Finance Minister Christian Lindner has advocated for including cryptocurrencies like Bitcoin in the European Central Bank and Bundesbank reserves to strengthen financial resilience and keep pace with global trends. According to the German media outlet Handelsblatt, Lindner pointed to the United States, where the incoming Donald Trump-led administration is looking to adopt a progressive approach towards crypto-assets, including discussions about incorporating Bitcoin into the Federal Reserve’s reserves alongside traditional assets like gold. Lindner highlighted that cryptocurrencies now make up a significant share of global wealth growth and warned that Germany and Europe risk falling behind if they don’t…

Este artículo también está disponible en español. The Dogecoin price is currently down -34% from its December 8 high at $0.4843. But according to crypto analyst Kevin (@Kev_Capital_TA), DOGE has one of “the better looking” charts at the moment. In a new Broadcast on X, he offered an in-depth look at Dogecoin, the broader market environment, and key technical indicators. Dogecoin: Price Discovery Or Catastrophe? Despite the current retracement, Kevin believes Dogecoin’s chart “looks really nice at the moment” and appears stronger than many other cryptocurrencies: “This is a stronger coin compared to a lot of the market. I mean,…

*This is part #1 of a series where anyone can ask questions about Geth and I’ll attempt to answer the highest voted one each week with a mini writeup. This week’s highest voted question was: Could you share how the flat db structure is different from the legacy structure?* State in Ethereum Before diving into an acceleration structure, let’s recap a bit what Ethereum calls state and how it is stored currently at its various levels of abstraction. Ethereum maintains two different types of state: the set of accounts; and a set of storage slots for each contract account. From…

Spectra, a decentralized yield trading and yield farming protocol, has surged over 600% in total value locked (TVL) in December, hitting a record $143 million on December 30, as per DefiLlama. After retiring its project in Q1 2023, Spectra became dormant for more than a year. It launched its v2 protocol in June 2024 and has expanded since then. Spectra is a multi-chain, EVM-focused protocol for interest rate derivatives. It allows users to separate yield from principal assets, tokenize it, and leverage it for trading or other DeFi activities. Today, the most popular platform for yield tokenization and trading is…

Homepage > News > Business > DeFi hacks of 2024 This year, an estimated $1.27 billion was stolen from digital currency exchanges and decentralized finance (DeFi) protocols, and that number rises even higher when you account for the unreported breaches that took place. Source: DeFiLlama These breaches not only highlighted systemic weaknesses in many DeFi protocols but also called into question many of the industry’s startups’ ability to secure users’ funds. Unfortunately, this shows that some corners of the industry have a long way to go when it comes to security and earning public trust. Initially, I planned to discuss…

Ethereum, which has seen a significant jump in long-term holders in 2024, could potentially rally to as high as $6,000 in Q1 2025, according to analysts. In a Dec. 29 X post, CryptoBullet, who has over 152k followers, noted that Ethereum is in the process of forming a bull pennant pattern on the 1-day ETH/USDT chart. He expects this pattern to be completed in the coming months, potentially leading to a massive surge to as high as $6,000 within Q1 2025. In technical analysis, a bull pennant pattern forms after an asset experiences an uptrend and typically indicates a potential…

On December 5th, we held our very first Hyperledger Web3j Summit, bringing together a vibrant cross-section of the community—from seasoned contributors and enterprise users to new enthusiasts curious about integrating Ethereum functionality into their Java and Android applications. As a maintainer of Hyperledger Web3j, an LF Decentralized Trust project, I was excited to see participants share insights, raise important questions, and offer new ideas to drive the project forward. Who Joined Us? The summit welcomed attendees from various backgrounds, each contributing unique perspectives: Core Impressions and Takeaways A few key themes emerged during the summit: Improved Mobile Integration:Attendees, particularly those building…

Journalist Posted: December 29, 2024 Market sentiment around Chainlink remained bearish despite a price hike in the last 24 hours.  If market indicators are to be believed, LINK might first target $29.  After a red weekly chart, Chainlink [LINK] once again turned bullish as its daily chart turned green. Therefore, AMBCrypto dug deeper and assessed the token’s on-chain data to find where it can reach in 2025. Chainlink bulls are back in action! As per CoinMarketCap’s data, LINK’s price dropped by 1.2% in the last seven days. But LINK bulls stepped in the last 24 hours as the token’s value…