Author: Yeek.io

Homepage > News > Business > EUDR won’t impact Brazil’s paper and pulp industry As the European Union’s deforestation-free products regulation (EUDR) inches toward implementation, Brazil’s paper and pulp industry players are confident that the incoming rules will not affect operations. According to a Mongabay report, sector players say that most participants adhere to global best practices, sourcing their wood from authorized land. Service providers in the multi-billion dollar industry argue that the ecosystem leans on “traceable supply chains.” The EUDR, set to come into operation in 2025, seeks to outlaw commodities linked to illegal deforestation from entering Europe. Initially scheduled…

SocialFi, a fusion of social media and DeFi, presents a compelling vision: a digital ecosystem where users retain control over their data, earn rewards for their engagement, and participate in governance. By shifting power from centralized corporations to the individual, SocialFi aspires to disrupt traditional Web2 platforms like X (formerly Twitter) and Facebook. However, despite this revolutionary promise, the industry has struggled to gain significant traction. Its adoption numbers remain low, and the sector has faced scandals that cast doubt on its readiness to transform social media. A critical issue lies in SocialFi’s heavy reliance on Web2 platforms for user…

Journalist Posted: December 27, 2024 The price action of both Popcat and cat in a dogs world has a strongly bearish bias for the coming weeks. The sentiment behind both memes was neutral in the futures market, but one of them saw heightened spot demand recently. Popcat [POPCAT] and cat in a dogs world [MEW] have both been trending downward on the price chart over the past month. They have followed in the footsteps of the wider memecoin market, which has been in a slump since mid-November. POPCAT was at a $741.9 million market cap at press time, and MEW…

contributor Posted: December 27, 2024 Uniswap’s large transactions surged by 200% in just 24 hours. Exchange inflows dropped steadily over the last three days as the altcoin’s price plunged by 9% in less than 48 hours. Uniswap’s [UNI] market activity is sending mixed signals, leaving market participants scratching their heads on its potential trajectory in the near future.  On the one hand, the altcoin’s whale activity spiked, as evident from its large transactions shooting up by an impressive 200% within the last 24 hours alone. On the contrary, UNI exchange inflows have been shrinking for three consecutive days. To complicate…

Este artículo también está disponible en español. Ethereum price started a fresh decline from the $3,550 resistance. ETH is now showing bearish signs and might slide below the $3,300 level. Ethereum started a fresh decline from the $3,550 zone. The price is trading below $3,450 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if it settles below the $3,300 level. Ethereum Price Dips To Support Ethereum price struggled to continue higher above…

Este artículo también está disponible en español. Bitcoin price failed to surpass $100,000 and corrected gains. BTC is back below $96,500 and might revisit the $93,200 support zone. Bitcoin started a fresh decline from the $99,400 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $98,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 support zone. Bitcoin Price Dips Again Bitcoin price started a decent upward…

We’re excited to announce the grantees selected for the recent staking community grants round. This grants round invited proposals that make the Ethereum staking experience easier, safer, and more secure. We were thrilled to see all of the great work proposed by these teams, and we’re looking forward to continuing to find new ways to support the ecosystem. In the meantime, if you’re working on something in this space and could use support, consider submitting a project inquiry with the Ecosystem Support Program. More than $1M has been allocated across 25 grants in 4 different categories: categoryamount (USD)community / education391,800.00new…

Introduction NFTs have taken the digital world by storm, but not everyone is ready to dive into the costs associated with minting. Fortunately, the emergence of “free-to-mint” NFTs provides an exciting opportunity for newcomers and experienced collectors alike. These NFTs allow users to mint and own unique digital assets without upfront costs. If you’re looking to get involved without the financial barrier, free-to-mint NFTs are the perfect entry point into the world of blockchain-based art and collectibles. At NFT Droppers, we bring you the best and latest updates on the most exciting free-to-mint NFT projects. Read on to discover what…

Homepage > News > Finance > Austrian bust $1.3M ‘crypto’ fraud; phishing scam targets Ledger Austrian police have busted a crime ring alleged to have defrauded over $1.2 million worth of digital assets and other valuables using fake cash, giving a long-running scam a ‘crypto’ twist. Elsewhere, scammers are targeting Ledger users with a spoofed email and coercing them to surrender their recovery phrases. Rip-Deal 2.0 in Austria Police in the capital, Vienna, have uncovered a criminal network they allege is behind a scam that defrauded over €1.2 million ($1.26 million) from investors, mostly in digital assets. A majority of…

Blockchain networks, especially Ethereum, have faced scalability challenges due to the limited ability to handle high volumes of transactions quickly and affordably. One of the most promising solutions to this issue is the use of Rollups, which help alleviate the processing burden on the main chain by handling transactions off-chain.  For Ethereum, these platforms help by bundling many transactions together and submitting them as a single package to the main chain. This reduces the number of individual transactions Ethereum has to process, lowering transaction costs and speeding things up. Since Rollups still rely on Ethereum’s security, they are considered safe…