Author: Yeek.io

Ethereum could handle more transactions and run faster by processing most of them simultaneously, a new study reveals. A new study shows that almost 65% of Ethereum‘s transactions could be processed at the same time, potentially making the network much faster. In a Friday blog post, analysts at layer-1 network Sei (SEI) revealed that many of Ethereum’s transactions don’t depend on each other and could run simultaneously, allowing the network to handle more transactions and improve its speed. Right now, Ethereum processes transactions one after another, which is also known as sequential processing. For example, if someone sends 1 (ETH)…

Jupiter, the largest decentralized exchange (DEX) aggregator on Solana, is set to distribute 700 million JUP tokens — valued at approximately $590 million — in a massive January 2025 airdrop. Dubbed “Jupuary,” this event is part of Jupiter’s strategy to grow its community and reward contributors. Jupuary 2025 🪐Here is the first Overview of the upcoming Jupuary distribution.Team decided to go with a split between Users & Stakers and Carrots & Good Cats. This way we are trying to appreciate everyone in the Jupiverse! Note: This is a Draft, Subject to change 💡 pic.twitter.com/mbGNy3QxSe— Jupiter Uplink (@jup_uplink) December 26, 2024…

Tether has made its first dive into the world of venture capital by injecting $2 million into Arcanum Capital’s fund, which focuses on developing blockchain-based Web3 projects. According to a recent press release, major stablecoin issuer Tether (USDT) has invested $2 million into the venture capital space through Arcanum Capital’s Arcanum Emerging Technologies Fund II. The fund is a part of DigitalArray, focusing its efforts on developing decentralized technologies. Arcanum Capital plans to use Tether’s investment to develop Web3-centered projects that seeks to combine AI and blockchain technology, build on the Bitcoin (BTC) ecosystem and create innovations in crypto payments…

A significant portion of the population in South Korea is reportedly investing in crypto. Citing new central bank data provided by the office of Democratic Party Rep. Lim Kwang-hyun, Yonhap News Agency reports the number of people who hold crypto in South Korean exchanges exceeded 15.59 million in November, up by 610,000 from 14.98 million in October. The figures, based on the number of investors who have accounts in the five leading domestic exchanges, including Upbit, Bithumb, Coin One, Cobit, and Gopax, represent more than 30% of the estimated 51.23 million people who live in the East Asian nation. The…

Bitwise, a leading digital asset management firm, has lodged a new registration statement with the US Securities and Exchange Commission (SEC), dated December 26, 2024, seeking approval for the “Bitwise Bitcoin Standard ETF.” The filing describes a fund that aims to invest in publicly traded companies that hold significant amounts of BTC on their balance sheets or derive a substantial part of their revenue from BTC-related activities. “The Adviser believes that investing in equities of companies with substantial BTC-related business or assets can provide exposure to the performance of Bitcoin while mitigating challenges such as custody, regulatory constraints, and liquidity…

Market sentiment around Bitcoin remains bearish. Data from IntoTheBlock highlights a decline in activity among short-term holders—those who keep BTC for 30 to 365 days. This group often reflects market optimism, but their reduced involvement signals growing uncertainty.The bearish outlook is again supported by the fact that Glassnode’s STH-NUPL metric moved into the “hope or fear” zone, where the short-term investors are doubting the rebound of Bitcoin. If this trend continues, then BTC will likely face continued downward pressure.Technically, Bitcoin faced resistance at $99,332, which barred its advance to $108,398. The Relative Strength Index has also broken below 50, indicating…

At the start of December, the Ethereum community bootstrapped the new beacon chain proof-of-stake consensus mechanism — the foundation of Ethereum’s long-term and sustainable home. The launch was a resounding success, and the operation of the beacon chain has proved, thus far, stable and robust. As I write these words, the beacon chain is live with more than 2.5M ETH securing its consensus. So this is the “state of eth2” today. But what’s next? What’s on the horizon, and where are we going? This post aims to provide high level context on the state of Ethereum’s eth2 upgrade — an…

Introduction In the ever-evolving world of cryptocurrency trading, choosing the right platform can make all the difference. Zoomex has garnered attention as a reliable and feature-rich exchange for both beginner and advanced traders. This comprehensive Zoomex review will delve into everything you need to know about the platform in 2024, from its safety measures and fees to its trading tools and supported cryptocurrencies. What is Zoomex? Zoomex is a cryptocurrency exchange that offers a seamless and secure environment for buying, selling, and trading digital assets. It has quickly become a popular choice for traders seeking an intuitive interface, low trading…

Homepage > News > Business > AI’s economic impact in 2024: A double-edged sword Every time artificial intelligence (AI) comes up in conversations and the news, it is nearly impossible to go a few minutes without hearing how it’s poised to revolutionize our world and how we work. But like any transformative technology, AI has two sides. On one hand, it has the potential to enhance efficiency, generate revenue, and create entirely new roles. On the other, it threatens job security and displaces workers. The truth is, AI is doing both: it’s allowing businesses to grow faster than ever before while simultaneously…

Spot Bitcoin exchange-traded funds in the United States recorded an inflow of $475.15 million on Dec. 26, ending its four day streak of outflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $475.15 million of inflows on Thursday following four straight days of outflows that saw over $1.5 billion leave the funds. Fidelity’s FBTC led the lot with inflows of $254.37 million followed by ARK 21Shares’ ARKB which attracted $186.94 million in inflows. BlackRock’s IBIT saw an inflow of $56.51 million while Grayscale Bitcoin Mini Trust and VanEck’s HODL also contributed to the positive momentum with more…