Author: Yeek.io

Devcon is coming in 2022 (along with something new 🤫), but ahead of our next event updates, we invite you to check out a completely refreshed Devcon archive. Meet the new Devcon Archive Devcon’s impact goes beyond just the physical event, and with that in mind, we’ve completely revamped the Devcon archive. Changes include an improved UX, better discoverability of content, reduced reliance on YouTube, more decentralized content via IPFS, and community involvement in curation. Through all of this, we hope Devcon can continue to be an unparalleled educational resource to learn about the past, present, and future of the…

3Two 23-year-old men from Southern California, Gabriel Hay from Beverly Hills and Gavin Mayo from Thousand Oaks, have been indicted for allegedly defrauding investors of over $22 million through multiple non-fungible token (NFT) “rug pull” schemes. The term “rug pull” refers to promoting a project to attract investments, only for the creators to abandon it and disappear with the funds.  Between May 2021 and May 2024, Hay and Mayo launched several NFT projects, taking money from investors without fulfilling their promises. One notable project, Vault of Gems, involved 5,000 NFTs minted on the Ethereum blockchain. The project’s social media presence ended in November…

High energy taxes are eroding the competitiveness of Europe’s industries, Leonhard Birnbaum, President of the industry group Eurelectric told Reuters.  The European Union is drafting a package of measures to support struggling industries, but Birnbaum said the government should take aim at the high energy taxes. The measures to support industries are due early next year as automakers to steel firms warned of plant closures and job losses. The head of Europe’s electricity lobby told Reuters that the woes of the continent’s energy-intensive industries are many, including a more fragmented market than China and difficult access to credit. “We appreciate…

Hyperliquid’s native token, HYPE, which had been on an upward trend over the past few days, experienced a 20% price dip today, trading at $26.54, while its market cap dropped below $9 billion. Hyperliquid (HYPE) surged to a record high of $34.96 on Dec. 22, rising from its airdrop listing price of $11 and achieving nearly 200% cumulative gains. Its market cap surpassed $11.5 billion at the time, securing a spot among the top 20 coins by market cap, according to CoinGecko. Launched in June 2023, Hyperliquid DEX has gained traction due to its innovative approach to eliminating gas fees…

The falling wedge breakout signals bullish potential, targeting $24 with $10.88 as key resistance. Positive metrics, including oversold RSI and strong social sentiment, reinforce Polkadot’s rally potential. Polkadot [DOT] has broken out of its falling wedge pattern on the weekly timeframe, a critical signal that often precedes significant bullish rallies. Trading at $6.83 at press time, with a 1.98% decrease at press time, the cryptocurrency’s breakout and retest phase presents a promising opportunity for traders. The next key question is whether DOT can sustain this momentum and rally toward its midterm target of $24. DOT’s breakout and price prediction The…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana and BNB race to reclaim their ATH, but new contender Lunex Network threatens to steal the spotlight with smart DeFi solutions. The battle for crypto dominance is heating up as Solana and BNB enter beast mode, vying to reclaim their ATH. Since the US’s political shift, Solana’s price has been on steroids at the heel of positive ecosystem development and institutional interest. BNB, too, has been exceptionally impressive. BNB clinched a new ATH, and the stakes have never…

According to The Kobeissi Letter, the global money supply has shrunk $4.1 trillion in the last two months – a critical economic indicator in which bitcoin usually shadows with a 10-week lag in price action. If this downward trend persists, experts believe Bitcoin could face additional drops.Joe Consorti from Bitcoin custody firm Theya previously forecasted a 20%-25% correction. His prediction seems to align with recent price movements, suggesting further risks for the cryptocurrency.Bitwise’s Head of Research, André Dragosch, also anticipates ongoing pressure from tighter U.S. liquidity conditions. However, Dragosch points to a positive internal factor for Bitcoin: its growing illiquid…

Community & educationEthereum Cat HerdersCommunity group supporting Ethereum core developers with project management, communication and coordination.Community & educationEthCCEthereum FranceDeveloper and community conference held in Paris, France.Community & educationEthereum HNGrassroots Ethereum community group organizing meetups, workshops and developer events in Honduras.Community & educationEther University Content and Educational ResourcesNathan LeungCommunity-building and educational resources for undergraduate students participating in the ETH Summer learning program.Community & educationETHUni: ETH Spring Community DevelopmentScott Moses SunartoCommunity building and support for the ETH Spring undergraduate learning program, plus formatting and migration of content to the ETH Spring website for public consumption.Community & educationETHUni: ETH SummerTherese Cresalia and Scott…

Resurgence in the NFT Market The NFT market is showing signs of revival.The industry has accelerated following a November recovery in the broader crypto market. According to CoinGecko‘s December data, the market value has increased to $8.8 billion, a 17.3% gain in just one week. With daily volume increasing by almost 48% over the last day across all chains, trading activity is also increasing. Source: CoinGecko This comes after a robust November with NFT sales of $562 million, the most since May’s $600 million. However, the number of unique buyers has declined. November saw just 662,000 buyers compared to over…

Nokia takes a major step toward securing cryptocurrencies with a new encryption patent. Nokia Technologies Co., Ltd. reportedly filed for a patent on Dec. 23, 2024, under the title “Device method and computer program” to improve the encryption of digital assets. The patent was submitted to the National Intellectual Property Administration in Jun. 2024 and was given publication number CN 119155674 A. Nokia is making a big move by entering the rapidly growing field of digital asset encryption, which is becoming crucial in the blockchain and cryptocurrency sectors. According to the abstract of the patent, this proposed system described in…