Author: Yeek.io

The Philadelphia 76ers have introduced Spectrum Sprint, a retro-inspired mobile game developed in partnership with Crypto.com. The free-to-play game combines classic side-scrolling gameplay with web3 technology, allowing players to win digital collectibles and other prizes.Featuring Philadelphia landmarks and a finish line at the historic Spectrum arena, the game offers fans a chance to compete across multiple levels of difficulty for rewards. Prizes range from courtside seats and exclusive event invitations to private suites for future games.The game will also have an in-person presence at select 76ers home games through pop-up arcades, giving fans additional opportunities to play and engage with…

Grayscale Investments has announced the launch of the Grayscale Sui Trust, providing qualified investors an opportunity to gain exposure to the SUI token in the form of a security. The trust, designed for institutional-grade access, offers a simplified route for investors to participate in the SUI ecosystem without directly holding the digital asset.Grayscale Sui Trust Opens for Accredited Investors Tracking SUI PriceAccording to a recent announcement on X, Grayscale Sui Trust is now available to eligible accredited investors. The trust provides a streamlined method for gaining exposure to SUI, a third-generation blockchain that focuses on scalability and transaction cost efficiency.As…

Viral internet sensation Hailey Welch, known for her “Hawk Tuah” interview, faces a lawsuit after investors lost thousands of dollars in yet another botched celebrity Solana meme coin launch. The “Hawk Tuah girl” might have to talk tuah a judge whenever she finally wakes up. U.S. law firm Burwick Law filed a federal lawsuit against Hailey Welch and three other individuals behind the lackluster Hawk Tuah Solana meme coin launched in early December. Welch grew into a prominent social media influencer after a viral interview where she described certain intimate relations. Months later, she and her team, Tuah the Moon…

When you’re new to web3, everyone tells you to ‘go contribute to a DAO’. But it’s difficult to know what this actually means. We’re excited to announce a new initiative that helps you become a part-time contributor…and get paid while doing so. The Layer3 Contributor Bootcamp will select a cohort of talented individuals and match them with exciting web3 work opportunities. In addition to being compensated by DAOs, our cohorts will earn a part-time salary in $ETH to explore the web3 communities we’ve partnered with (partners include Polygon, Olympus, Index Coop, Dune Analytics, and 20+ more). Work is completed asynchronously…

Binance’s delisting of WRX reflects unresolved disputes and regulatory risks, causing a 56% price crash. Market metrics confirm WRX’s bearish trend, with oversold RSI and critical support nearing $0.0869. In a dramatic turn of events, Binance’s decision to delist WazirX [WRX], Kaon [AKRO], and Bluzelle [BLZ]  has led to a sharp decline in their values, with WRX plunging 56% at press time to $0.1006. The fallout from this announcement extends beyond price action, shining a spotlight on the unresolved Binance-WazirX dispute and raising questions about regulatory risks tied to these tokens. What happened between Binance and WazirX? The Binance-WazirX relationship…

According to Whale Alert, the average profit per BTC is at an all-time high of $67,088, at the time of writing. “The Potential Profit per Token graph shows the potential profit that holders could make per token if they sold at a specific time,” Whale Alert’s website explains. Whale Alert has further calculations on this metric that can be found here.To put this in perspective, this is more than the average American salary in 2024, which is $62,027. Imagine watching your savings grow and outperform your own yearly salary just for owning one bitcoin.Every day, you trade hours of your…

Enhanced Oversight and Licensing StandardsThe licensing regime by the SFC started last June 2023, purposed to protect investors and provide a transparent platform for trading. Applications must go through high standards for compliance: risk management, operational integrity, and protection for users.A two-step approval process is in place. First, certified public accountants verify the platforms’ internal systems and controls. Second, the SFC conducts its review, lifting restrictions once full compliance is confirmed.Future Plans and Global AmbitionsThe SFC plans to launch a consultative panel for licensed platforms in early 2025. This panel will encourage collaboration between regulators and industry leaders to address…

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Quick take: This latest integration will allow developers, analysts, and crypto enthusiasts to access and explore TON’s on-chain data with Dune. The announcement comes on the heels of recent on-chain integrations with Stellar, Tron, Near, Mantle, and several other leading networks. Dune, the blockchain data insights and analytics platform, has announced the integration of the TON blockchain. The company has been rapidly expanding its blockchain data insights and analytics ecosystem over the past few months with multiple blockchain integrations following the launch of Blockchain Pages in September. Blockchain Pages allows users to view on-chain data for specific blockchains, whilst also…

Blockaid, a blockchain security firm, has launched its State of the Chain dashboard.  This dashboard is an interactive tool offering a detailed view of Web3 activity and threats from 2024, according to a press release shared with crypto.news. The dashboard leverages data from Blockaid’s on-chain detection and response platform, which analyzed billions of transactions over the year. The platform processed 2.41 billion transactions, 780 million decentralized app connections, and 220 million tokens in 2024. It highlights trends such as transaction volumes and security risks while identifying common threats like scams and malicious tokens. 71 million potential attacks prevented Key findings…