Author: Yeek.io

Homepage > News > Business > 2024’s crypto crime hall of shame 2024 could go down in history as the last year in which prominent members of the Crypto Crime Cartel were made to face actual justice, as United States regulatory scrutiny loosens and enforcement agencies brace for ‘stand down’ orders.  Among the year’s most memorable legal events was the culmination of the criminal prosecutions stemming from the FTX exchange’s dramatic November 2022 implosion. Sam Bankman-Fried’s transition from ‘crypto’ poster boy to the blockchain sector’s Bernie Madoff was as abrupt as it was shocking, and FTX’s former customers are still awaiting full and final…

PancakeSwap, one of the top decentralized exchanges, has made a remarkable achievement in 2024 as its trading volume has increased.As per the data from DefiLlama, the trading volume has reached $310.6 billion, which is 179% higher compared to the previous year. This growth shows a strong position in the multi-chain decentralized finance (DeFi) space.This success is largely due to its expansion across nine blockchains, including BNB Chain, Base, Arbitrum, zkSync, Linea, Ethereum, Aptos, opBNB, and Polygon zkEVM. These blockchain networks, especially Layer-2 solutions like Arbitrum, Base, and opBNB, offer faster and cheaper transactions, attracting more users to PancakeSwap.PancakeSwap has also seen…

The asset is currently trading within a bullish framework that could propel it beyond its previous ATH if the trend materializes. On-chain metrics reveal strong buying interest among market participants, further reinforcing the asset’s bullish outlook. Over the past 24 hours, bullish momentum has lifted  Binance Coin’s [BNB] price by 5.21% from the previous day’s close. This recovery follows a 3.46% decline earlier in the week that had weighed on its performance. An analysis by AMBCrypto suggests that the asset retains significant potential for further gains, supported by robust market sentiment. Bullish structure targets a new high BNB is currently…

Solana on-chain activity reached a new all-time high, coinciding with a 30% surge in Pudgy Penguins token Pengu. Pengu (PENGU), the native token of blue chip NFT series Pudgy Penguins, bounced to within 50% of its previous peak price, buoyed by a Solana (SOL) uptick and a broad market recovery on 2024’s Christmas Eve. Pudgy Penguins released its PENGU crypto last week to 7 million eligible wallet addresses. Users have 88 days to claim 23.5% of 88 billion tokens or 20.6 billion coins. PENGU debuted at a $3.5 billion fully diluted valuation, quickly peaking at %0.06 cents after launch. Price…

Este artículo también está disponible en español. XRP has been range-bound in recent days, consolidating after successfully holding strong above the critical $2.10 support level. As one of the standout performers this cycle, XRP experienced a massive surge following the US election, capturing investor attention. However, recent price action has introduced uncertainty, leaving some investors concerned about the possibility of further downside. Related Reading Despite these fears, on-chain data suggests a different narrative. Insights from Santiment reveal that whales have accumulated another 40 million XRP in the past 24 hours. This significant accumulation indicates that Smart Money may be positioning…

Community organizers are the glue that holds the Ethereum ecosystem together, and whether they’re leading large-scale events, local meetups, hackathons or seminars, we might all be wandering in the dark forest of the analog world without them. But where’s the fun in relying on chance encounters with kindred spirits identified by a telltale laptop sticker, or that indefinable air of cryptocool? Although major events tend to generate more buzz, not everyone can travel halfway across the world for a conference. Smaller events play a crucial role in making Ethereum inclusive, accessible and cohesive: anyone with an internet connection and a…

NFT Sales Continue to Grow Strongly Sales of NFTs reached $158 million during the week of November 18–24, making them a bright point in the digital economy. Even though there was a 12.7% decline from the previous week, this indicates that NFTs are still of great interest. To put this in perspective, early November saw weekly sales of just $93 million, showing how the market has expanded. Source: CryptoSlam November’s performance builds on October’s momentum. In October, NFTs recorded $356 million in sales. By the third week of November, the total had already crossed $400 million. With projects utilizing innovative…

Homepage > News > Finance > India’s UPI sees phenomenal growth as digital payments soar India’s Unified Payments Interface (UPI) stood out as the most popular digital payment method, reporting a remarkable rise in transactions in 2024. Throughout the year, India pushed for its international expansion and domestic adoption for everyday purchases. Introduced in 2016, UPI offers instant money transfers and is a single mobile application for accessing different bank accounts. “Hands down, UPI remains the backbone of India’s digital payments ecosystem,” Raj Kapoor, founder of India Blockchain Alliance (IBA), told CoinGeek. “As of 2024, UPI processed over 12 billion transactions monthly, with a year-on-year…

Decentralized exchange platform PancakeSwap had a remarkable 2024 as growth across decentralized finance drove trading volume to over $310 billion. In a report summarizing the DEX platform’s year-over-year performance, PancakeSwap (CAKE) said its global trading volume reached $310.6 billion. The protocol achieved the milestone across nine blockchains, representing a growth of 179% by year. Notably, PancakeSwap’s total trading volume in 2023 hit $111.3 billion. According to PancakeSwap, the huge jump in its 12-month trading volume came amid staggering increases for layer-2 networks Arbitrum and Base. Meanwhile, PancakeSwap recorded its single largest daily trading volume of $3.47 billion on December 16, 2024. The…

Pepe coin price joined other meme coins in a rebound as the Santa Claus rally happened on Christmas Eve. Pepe (PEPE), the third-biggest meme coin, surged in a high-volume environment as investors bought the recent dip. This rally happened as Bitcoin (BTC) jumped to $98,500, and the crypto fear and greed index approached the greed zone.  Most cryptocurrencies rallied, with the market cap of all coins tracked by CoinGecko hitting a high of $3.60 trillion.  Pepe had a 24-hour volume of $2.2 billion, while the futures open interest rose for the third consecutive day, reaching a high of $151 million.…