Author: Yeek.io

Homepage > News > Finance > 70% of New Zealanders say CBDC is ‘not important’ A central bank digital currency (CBDC) is “not important” to nearly three in four New Zealanders, and 90% believe the government will use it to monitor the citizens, a public consultation by the country’s central bank has revealed. The Reserve Bank of New Zealand (RBNZ) started the consultation in April, calling on the public to submit feedback on whether a CBDC was necessary, whether the bank should pay interest, whether there should be a holding limit and more. RBNZ recently published the consultation results, which are overwhelmingly against a digital dollar. Around…

These liquidity disparities raise concerns about whether these altcoins can support the stability required for ETFs. Moreover, Solana has faced price volatility due to regulatory uncertainties, particularly regarding the SEC’s stance on its status as a security. Another problem is market volatility. Altcoins tend to be much more volatile than Bitcoin and Ethereum, meaning their prices can swing wildly in short periods. This can be a red flag for investors, especially institutional ones, who want more stability from ETFs. Since ETFs are usually designed to provide steadier returns, altcoins’ price fluctuations make it hard to offer a predictable investment product.…

A whale has been spotted aggressively accumulating LINK, the native token of the decentralized oracle network Chainlink, according to blockchain tracking firm Lookonchain. Lookonchain reports that a whale suddenly created 30 new wallets to accumulate $34.1 million worth of LINK tokens from Binance. “Suspicious LINK accumulation spotted! Over the past 5 days, 30 newly created wallets have withdrawn 1.37M LINK ($34.1M) from Binance.” Source: Lookonchain/X At time of writing, Chainlink is trading at $24.04, up 34% in the last month. Earlier this week, Chainlink released Smart Value Recapture (SVR), a solution aiming to allow DeFi solutions to recapture non-toxic Maximal…

As Solana meme coin scams increase, Animoca Brands has released a public notice about the compromise of co-founder Yat Siu’s X account.  The official statement makes clear that recent claims regarding the launch of the $ANIMOCA token or non-fungible tokens on the Solana blockchain, which was attributed to Animoca Brands, were the result of malicious activity by the hacker. Kenta, a crypto game streamer, conducted the investigation first. The Hong Kong-based game software company said that, as of now, there is no official token or NFT launch associated with Animoca Brands and urged the users not to engage with the…

Cardano price started a downside correction below the $1.00 zone. ADA is consolidating and facing hurdles near the $0.920 and $0.950 levels. ADA price started a downward move below the $1.00 support zone. The price is trading below $0.950 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.92 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $0.950 resistance zone. Cardano Price Starts Fresh Decline After struggling to clear the $1.00 resistance zone, Cardano started a fresh decline,…

Community & educationETHTerakoyaEducational initiative by Couger organizing public meetings, workshops, and working groups producing prototypes and standards.Community & educationEthereumCNChinese language resources and community building, including eth2 resources and a program for university students.Community & educationTruffleSponsorship of the TruffleCon 2020 virtual developer conference.Community & educationCreacion de Contratos Inteligentes con EthereumScholarship for 11 independent developers to attend the National University of Bogota smart contract development course “Creacion de Contratos Inteligentes con Ethereum.”Community & educationDescubriendo BlockchainSpanish-language Ethereum education course with each lecture given by a different speaker, primarily featuring experts from LATAM communities.Community & educationIndia Ecosystem Development EventsOrganization of virtual developer events targeting…

What if one smart decision before 2025 starts could secure your financial future? The crypto and memecoin market is thriving, with its total market cap soaring to $130 billion after the U.S. presidential election. Before 2025, make a millionaire decision and consider exploring the booming world of memecoins, where small investments can yield life-changing returns. In this article, we highlight five standout memecoins with immense growth potential. These tokens combine utility, strong community support, and promising growth opportunities. Among them, DexBoss (DEBO) shines as the top pick for investors. Its advanced DeFi platform and deflationary tokenomics make it the best…

Homepage > News > Tech > SK Telecom ends metaverse offering; Meta launches AI model South Korean telecommunications giant SK Telecom (NASDAQ: SKM) has announced plans to shutter its metaverse platform ifland to increase the size of its bets on artificial intelligence (AI). According to local news outlet Business Korea, SK Telecom will bring down the curtain on ifland in March 2025, ending five years of metaverse operations. Described as the end of an era for SK Telecom, the move signals an intention from the Korean firm to turn its attention to AI innovation. Launched in 2020, ifland allowed users to explore virtual worlds…

The bullish pennant breakout signals upward potential, with $0.057 as the key resistance level. Market confidence rises with open interest at $88.23 million, RSI at 51.19, and solid metrics. VeChain [VET] has captured market attention with its sharp breakout from a bullish pennant pattern, signaling a potential continuation of its upward trend after weeks of consolidation.  This breakout, driven by increased market interest and surging trading activity, marks a critical moment for VET as it trades at $0.05218, reflecting a 10.4% gain over the past 24 hours at press time. With momentum building, the question arises: Can VeChain sustain this…

An analyst has explained how an important Bitcoin indicator is back to levels that may be considered healthy for a bull-market uptrend. Bitcoin Short-Term Holder Realized Price No Longer Growing Too Fast In a new post on X, analyst James Van Straten has talked about the 7-day rate of change in the Realized Price of the Bitcoin short-term holders. The “Realized Price” here refers to an on-chain metric that keeps track of the cost basis of the average investor or address on the network. When the indicator’s value is greater than the spot price of the cryptocurrency, it means the…