Author: Yeek.io

It’s 2008. You’re hanging out with your friend xXI_Love_Paramore68Xx in the Club Penguin pizza shop. He sends you a heart emoji through the public chatroom and you decide to ditch him to make some pizza, earning 107 coins for your hard work. You go back to your igloo and use a few of your coins to purchase a new couch for your igloo, which you recently upgraded to make room for the new shade of Puffle that was recently released a month ago. Call me a sucker for nostalgia, but it’s no coincidence that the micro-economies of many DAOs and…

A lucky crypto trader scored a gigantic return after investing early in the new native asset of a non-fungible token (NFT) project built on Solana (SOL). The market analytics platform Arkham Intelligence notes that someone bought only $6 worth of PENGU, the new utility token for the NFT project Pudgy Penguins, then added it to the Solana-based decentralized exchange (DEX) Raydium (RAY) paired with $1100 worth of SOL. Explains Arkham, “Multiple users trying to snipe PENGU’s launch swapped into his pool, and bought tokens at highly unfavorable prices – earning him a profit of $87,000 in SOL and PENGU from…

On Wednesday, December 19, 2024, Foundation announced the release of its newest device, the Passport Prime.Introducing Passport Prime – Your Personal Security Platform!We’re thrilled to present Passport Prime, the world’s first personal security platform designed to secure your Bitcoin and your entire digital life. Think: A Swiss Army Knife for your online security. pic.twitter.com/3HH2eG7vhU— FOUNDATION (@FOUNDATIONdvcs) December 18, 2024 The device offers a broad range of features that not only help users secure the keys to their bitcoin but other digital information, as well.FeaturesFor starters, the Passport Prime offers the same bitcoin wallet capabilities as the company’s second generation Passport…

Data from Coinglass revealed Bitcoin faced $45 million in liquidations, while Ethereum followed with $30 million. The market correction was triggered by the Federal Reserve’s latest rate cut of 25 basis points. While lower interest rates typically favor crypto, the Fed’s inflation forecasts and plans for only two rate cuts in 2025 caused a bearish reaction.Stock markets experienced an even larger impact, with nearly $1.5 trillion wiped out. Analysts suggest the crypto sell-off may be a temporary shakeout. Philakone, a prominent analyst, noted that such liquidations often follow strong bullish runs, predicting recovery by mid-December.Meanwhile, some experts anticipate a shift…

Amigos y amigas! Today, we want to bring everyone a few details on the ticketing process in advance of Monday’s launch, and we have updates on supporter, volunteer, and discount-ticket applications. As the icing on the cake, we’ll also introduce you to the Devcon Community Hubs! But first, we hope you’ve heard about the pre-sale of Devcon VI tickets in the Auction & Raffle, and maybe even placed a bid. If not, you have one final day to enter to win a ticket to Devcon VI by placing a minimum bid of 0.25 ETH. The Auction closes on July 14,…

A few years back, buying a domain name involved typing it into a search bar, paying a small annual fee, and hosting a website. Today, as the internet evolves into a more decentralized environment, traditional domain names have begun to share the spotlight with a new, blockchain-based alternative: NFT domains. These aren’t just web addresses—they’re digital assets that you can truly own, trade like collectibles, and even use to simplify crypto transactions. Whether you’re intrigued by the idea of an online identity that isn’t controlled by a single corporation or you’re excited about the prospect of turning a small investment…

Homepage > News > Business > UK to roll out digital IDs—what does it mean for privacy? Earlier this month, the United Kingdom government announced the introduction of government-backed digital IDs. The IDs will allow people to use their smartphones to buy alcohol in pubs, clubs, and shops. Scheduled for rollout next year, they’re part of a broader effort to digitize state functions, including paying taxes, opening bank accounts, and more. The digital IDs are voluntary and will be issued by certified providers that meet government standards for security and reliability. They’ll allow for quick and potentially contactless age verification…

Spot Bitcoin exchange-traded funds in the United States recorded $680 million in outflows on Dec. 19 as Bitcoin fell below $96k amid the Federal Reserve maintaining a cautious outlook on future interest rate cuts. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged outflows of $680 million on Thursday, breaking a 15-day streak of inflows that had brought over $6.7 billion into the funds. Fidelity’s FBTC led the decline with $208.55 million exiting the fund, followed by Grayscale Bitcoin Mini Trust and ARK 21Shares’ ARKB, which recorded outflows of $188.6 million and $108.35 million, respectively. Other notable outflows…

Dogecoin DOGE/USD hit new yearly highs recently as the overall cryptocurrency sector has traded higher since Donald Trump won the 2024 presidential election. A new Benzinga poll asks readers if Dogecoin will trade closer to levels seen before the election or all-time highs set back in 2021. What Happened: Dogecoin traded between 15 cents and 18 cents on Nov. 5, the day of the U.S. presidential election. Like many cryptocurrencies, Dogecoin gained in the days and weeks after Trump’s victory. Helped by Trump’s victory, optimism for a pro-crypto White House administration and the appointment of Dogecoin supporter Elon Musk as…

Layer3 is excited to announce our partnership with Global Coin Research (GCR). GCR is a research and investment DAO focused on web3, with the mission of becoming a “decentralized VC” to empower community-driven web3 investments and deal sourcing. Holders of #GCR get access to a variety of resources created by the GCR community, including deep insights, industry research, online and offline founder-focused events, as well as direct deal-flow. “DAOs like GCR have the potential to shape the future of investing and create a more democratic investing landscape. Decentralized investment clubs bring an element of community to investment and helps break…