Author: Yeek.io

With the arrival of the beacon chain in 2020, Ethereum today supports two types of clients: those focusing on the execution-layer (often referred to as eth1) and those powering the proof-of-stake consensus layer (aka eth2). As those running validators are well aware (since they run both client types), each serves a specific purpose, and powers a different part of one Ethereum. Recognizing the importance that both client sets represent to the long term health and network diversity of Ethereum, our work to support the full landscape of clients is fundamental to our work in the ecosystem. Layer-specific client support updates…

Binance just announced its 61st project on the Binance Launchpool: Usual (USUAL). This project is an exciting addition because it introduces a new type of decentralized fiat stablecoin issuer, offering unique benefits in the crypto space.  Binance is giving its users a chance to earn USUAL tokens simply by locking up certain assets and farming them over a four-day period.  If you’re looking to get in on a new token early, here’s everything you need to know about Usual, its farming process, pre-market trading, and other important details. About USUAL Usual is a new type of decentralized stablecoin issuer, which…

Homepage > News > Business > Nigeria nabs 800 Chinese, Filipinos, locals in ‘crypto’ scam Nigerian authorities arrested nearly 800 individuals who orchestrated an online ‘crypto’ romance scam targeting European and American victims. The country’s financial crime watchdog, the Economic and Financial Crimes Commission (EFCC), led the Tuesday crackdown. According to EFCC Executive Chairman Ola Olukoyede, the agency conducted a raid on an upmarket building in Lagos, “which could be mistaken for a corporate headquarters of a financial establishment.” With the assistance of the local police, the EFCC arrested 792 suspects: 148 were Chinese, 40 were Filipinos, two were Kharzartans, while Indonesia and Pakistan…

Liquidity challenges also manifest in execution delays, as thin order books can hinder the ability to execute trades promptly. This problem is exacerbated during times of market stress when liquidity tends to dry up, leading to higher volatility and unpredictable price swings.   Case in point: The Terra-LUNA collapse in 2022 serves as a stark reminder of how low liquidity can amplify systemic risk. As traders rushed to exit positions, insufficient liquidity exacerbated the asset’s freefall, wiping out billions in market value. While BUIDL benefits from the credibility of BlackRock, its relatively nascent position in the market leaves it vulnerable to…

PENGU crypto saw 41%+ gains in the last 24 hours as it flipped WIF by market cap. The memecoin, at $0.036235, showed a bullish setup after breaking out of a descending triangle. Pudgy Penguins [PENGU] showed robust performance recently, positioning itself as the fifth largest memecoin on the Solana blockchain. In the last 24 hours, PENGU’s market cap surged to $2.32 billion, reflecting a sharp 41.28% increase in price, rising to $0.0371. This spike in value allowed PENGU to surpass WIF’s market cap, which stood at $2.07 billion. Source: X This flipping indicated PENGU’s growing popularity in the memecoin community.…

A closely followed crypto analyst believes top memecoin Dogecoin (DOGE) is gearing up to unleash another parabolic rally. Crypto strategist Ali Martinez tells his 103,200 followers on the social media platform X that Dogecoin may be following in the footsteps of its 2017 and 2021 market cycles when the memecoin ignited a meteoric ascent after witnessing a severe correction. “In 2017, when Dogecoin began a parabolic run, it surged 212%, retraced 40%, then rallied 5,000%. In 2021, it went up 476%, retraced 56%, then skyrocketed 12,000%. Now, in 2024, DOGE is up 440% and has retraced by 46%. If history…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analyzing three altcoins crypto whales are stockpiling before the next bull run. As cryptocurrencies surge to new heights, crypto whales are quietly accumulating certain digital assets. Another bull run is imminent, and discovering which altcoins whales are stockpiling could reveal lucrative opportunities in the crypto market. XYZ ready to deliver a 9,900% knockout XYZ is quickly becoming an investor favorite. Among the altcoins being stockpiled in preparation for the next bull run, this first-ever all-sports meme coin is turning…

tl;dr Altair pre-release is out Over the past week, beacon chain Altair pre-release specs — Stargazer v1.1.0-alpha.1 and Half of ’em just look like dots v1.1.0-alpha.2 — were released. These represent the first feature complete releases of the upcoming Altair upgrade to the beacon chain, and give engineering teams something concrete to dig into. Altair is an upgrade to the beacon chain that brings light client support, minor patches to incentives, per-validator inactivity leak accounting, an increase in slashing severity, and cleanups to validator rewards accounting for simplified state management. In addition to these various features, Altair also represents a…

Exploring the NFT world can be tricky, with many projects lacking authenticity. At NFT Droppers, we offer reliable ratings by examining over 70 detailed factors. We dive into NFT features, structure, roadmaps, technical details, and token utility. We also look at media presence, website traffic, and community engagement. Our team checks the whitepaper, investment timeline, market potential, and existing user base to gauge the project’s vision. We thoroughly verify team members to ensure authenticity and provide all essential information for investors. Our ratings are frequently updated, and we continuously improve our methods. Trust NFT Droppers for insightful and current NFT…

SAND’s bullish pennant breakout targets $1, supported by strong price action above $0.62. Reduced exchange reserves and bullish on-chain metrics strengthened the case for upward price momentum. The Sandbox [SAND] has sparked optimism among traders as it broke above a critical resistance at $0.62, forming a bullish pennant on the daily chart.  This breakout suggested a potential rally to the $1 mark, driven by increasing market momentum and improving on-chain activity.  At press time, SAND was trading at $0.6308, reflecting an 8.60% gain in the last 24 hours. However, the price faces upcoming resistance levels that could challenge its ability…