Author: Yeek.io

Sui-based interoperability protocol IKA jumped 50% after a successful mainnet launch. Summary IKA crypto is up 50% in a day. The project tackles key issues with cross-chain interoperability. It enables Sui to sign transactions on any chain. Sui’s (SUI) community is excited about a new project adding cross-chain utility to the network. On Thursday, July 31, IKA (IKA), the crypto behind the Sui-based zero-trust multi-party computation network, was up 50%. The price increase followed the successful mainnet launch on July 29. https://twitter.com/ikadotxyz/status/1950134738783453544 The protocol enables Sui smart contracts to directly initiate and authorize transactions on other blockchains, such as Bitcoin,…

Shiba Inu price has pulled back and moved into a technical bear market after falling by 20% from its highest level this month. Summary The Shiba Inu price has formed a cup-and-handle pattern. Data shows that whales have continued to accumulate SHIB this month. The supply of Shiba Inu tokens on exchanges has plunged. Shiba Inu (SHIB) token was trading at $0.000013 on Thursday, down from this month’s high of $0.00001600. It remains about 32% above its lowest point this month. Shiba Inu whales are accumulating Nansen data shows that whales have continued to accumulate the SHIB token in recent…

In an era of frequent data breaches and the delicate balance between transparency and privacy, industries like AI, decentralised finance, and identity verification face significant challenges. Traditionally, collaborating on sensitive data meant either exposing private information or losing control. TACEO, an Austrian startup founded in 2022, is transforming this landscape by enabling multiple parties to work on encrypted data without revealing any details.Today, TACEO announced the successful closure of a $5.5 million seed funding round led by Archetype VC, with notable participants including a16z CSX, Cyber.Fund, a_capital, and Polymorphic Capital. This funding will accelerate the deployment of TACEO’s innovative “Private…

From major Explore Yields upgrades to smarter risk detection through the De.Fi Scanner, we continued building for a safer, smoother, and more powerful Web3 experience. We focused on enhancing both usability and transparency, empowering users to explore DeFi opportunities with greater confidence. Every new feature and upgrade was designed to simplify decision-making while reinforcing on-chain safety at every step. Will AI Replace Developers? Our CTO Artem posted a breakdown exploring one of the most pressing questions in tech today. Will AI eventually replace developers? In the thread, he highlighted that AI tools like GitHub Copilot and ChatGPT are already helpful…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For years, cryptocurrency advocates have passionately highlighted the transformative potential of blockchain, often in contrast to traditional financial institutions. The creation of Bitcoin (BTC) in 2008 was a response to a moment of global uncertainty, and it sparked a wave of innovation that’s continued to reshape the financial landscape. While the community has made incredible progress and built groundbreaking technology, the dialogue has at times felt overly combative. In reality, established payment providers and banks offer infrastructure,…

Play Solana has launched a limited edition handheld console in collaboration with Pudgy Penguins, linking each unit sold to a burn of PENGU tokens. Summary Play Solana released a limited edition PSG1 “gameboy” in partnership with Pudgy Penguins. Each unit sold triggers a buy-and-burn of the PENGU token. The collaboration follows the launch of Pengu Clash, a skill-based Web3 game on the TON blockchain. The release comes as PENGU trades near critical support after a 500% rally since late June. Play Solana has launched a limited edition gameboy in collaboration with Pudgy Penguins (PENGU), with each unit sold triggering a…

BNKR crypto went parabolic after securing a listing on Coinbase. A confirmed breakout from an ascending broadening wedge now points to potential gains of over 60% in the coming weeks. Summary BankrCoin surged over 60% after securing a spot listing on Coinbase’s Base network on July 30. A breakout from an ascending broadening wedge pattern now targets a 60% upside ahead. Rising exchange balances and an overbought RSI still point to a potential short-term correction before the broader uptrend resumes. According to data from CoinGecko, BankrCoin (BNKR) rallied over to an all-time high of $0.00094 on Thursday, July, before settling…

The TRUMP memecoin has secured a new listing on SUN.io, offering a potential catalyst as the token shows early signs of a bullish shift after months of downtrend. Summary TRUMP memecoin is now available for trading on SUN.io, the top DEX in the TRON ecosystem. The token has dropped over 40% since peaking at $16.44 in April, currently trading near $9.44. TRUMP remains within a descending channel that has defined price action since the April high. A possible bottom formed at $8.25 on June 22, followed by two higher highs and a pullback that held the channel’s midpoint. A confirmed…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum-focused (ETH) blockchain firm BTCS Inc. has unveiled plans to raise up to $2 billion through share sales to expand its cryptocurrency holdings. The move was disclosed in a recent S-3 registration statement filed with the US Securities and Exchange Commission (SEC). BTCS To Accumulate More Ethereum? According to a recent S-3 filing with the US financial watchdog, US-based digital assets firm BTCS is eyeing a raise of $2 billion through share sales in a bid to grow its digital assets portfolio and expand operations. Specifically, BTCS…

A year after lifting its ban on cryptocurrencies, Bolivia has partnered with El Salvador to advance its digital asset policy and infrastructure. Is Bolivia going all in on crypto? Summary Bolivia signs MoU with El Salvador to cooperate on crypto policy and blockchain regulation. The Bolivian Central Bank describes digital assets as a viable and reliable alternative to traditional currencies. Locals have already started using cryptocurrencies like Bitcoin and USDT. Bolivia, a country grappling with economic instability, and El Salvador, one of the first nations to adopt Bitcoin as legal tender, have joined hands to promote crypto as an alternative…