Author: Yeek.io

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. TON, Immutable, Ronin—the rise of gaming chains is one of this year’s major web3 stories. The Open Network, Telegram’s “official web3 infrastructure,” is a good example of this success by enabling in-app onboarding and new levels of engagement and reward. TON simply makes it easier for builders to build and players to play, demonstrated by year-defining titles like Notcoin, Hamster Kombat, and BANANA. After starting the year with just over 4M on-chain accounts, TON will finish the…

In a significant development, Greymass has announced the launch of the EOS Wallet, a MetaMask integration for the EOS Network. This development enables more than 30 million MetaMask users to easily access and engage with the EOS ecosystem. The integration’s goal is to improve the user onboarding process by minimizing the entry barriers. In this way, it improves the experience for both new and old users. Greymass Enhances EOS Usability with New Wallet Integration The EOS Wallet is one of the outcomes of the recent tokenomics change of the EOS Network which allocated 15 million EOS to a Middleware. Part…

It’s been under a week since the launch of the $SOLX presale, but Solaxy’s native token is taking no prisoners. After raising $350K in its first 24 hours, just five days later, that tally has skyrocketed to $2.85M. Crypto investors are clearly excited by Solaxy’s plan to build a Layer 2 protocol that will build on Solana, incorporating all its good bits and massively improving on where it’s been falling short.  Solana’s super-high transaction volumes (178.75M over the past seven days, according to DappRadar) are driven mostly by meme coins, and have resulted in some congestion issues and failed transactions. …

Atomic Wallet: What is it?A multi-currency wallet called Atomic Wallet was created to allow users to manage multiple cryptocurrencies in one location. Users still have complete control over their private keys because it is non-custodial. This method gives users constant access to their money while improving security.More than 500 assets are supported by the wallet, including smaller tokens and well-known choices like Bitcoin and Ethereum. It’s a sensible option for both novice and experienced cryptocurrency aficionados due to its straightforward UI.Key Features of Atomic WalletAtomic Wallet offers tools that make it more than just a storage option. Here’s a look…

After the Fed cut the interest rate by 0.25%, the crypto market’s liquidation of more than $239 million in mere minutes. Bitcoin dipped briefly below $100k with other major tokens following suit. On Dec. 19, the Federal Reserve reduced its key interest rate by 25 basis points and warned of cuts in the following years. The Fed hinted that it would probably lower only twice more in the new year ahead. Fed Chair Jerome Powell explained that since the U.S. government’s stance has become less restrictive, then the agency can afford “be more cautious as we consider further adjustments to…

1SK Telecom, South Korea’s largest mobile operator, has decided to shut down its metaverse platform “ifland” to shift focus toward artificial intelligence (AI).The company confirmed that “ifland” will be fully closed by March 31, 2025, with services gradually being discontinued leading up to that date. SK Telecom also stated it will refund users for any paid content, including virtual items like “stones” and customizations.An official from SK Telecom explained: “We will further accelerate the transition to a global AI company by utilizing the accumulated metaverse capabilities to strengthen AI competitiveness.”To support its AI ambitions, SK Telecom recently invested $3 million in…

BlackRock asset manager has made history by purchasing municipal bonds issued exclusively through blockchain technology. This transaction was facilitated through the exchange-traded fund (ETF), iShares Short Maturity Municipal Bond Active ETF (MEAR). The move marks a pivotal step in the municipal bond market’s integration with blockchain platforms. It signals a shift toward innovative, tech-driven financial services.BlackRock ETF Makes History With Blockchain for Municipal Bond TransactionsAccording to Bloomberg, BlackRock’s MEAR ETF invested $6.5 million in municipal bonds issued by the city of Quincy, Massachusetts. The bonds were facilitated through JPMorgan Chase & Co.’s private blockchain-based platform. This transaction marks the first…

Layer3 is excited to announce our newest partnership with Dune.xyz! Dune Analytics is an all-in-one analytics platform that allows users to explore and share data from Ethereum, xDai, Polygon, Optimism, BSC and Solana. As more financial activity moves to crypto, structuring and providing insights into open data is a critical piece of mainstream adoption. “Dune is one of the most important tools in the web3 economy. We’re always looking to partner with projects that catalyze adoption and improve transparency, and working with Dune is a great way to enable a new generation of analysts to find work in and add…

Crypto exchange Coinbase has cited risks linked to Tron-founder Justin Sun during a lawsuit over its delisting of Wrapped Bitcoin (wBTC). In a recent complaint, the wBTC custodian and Sun-affiliated BiT Global accused Coinbase of using wBTC – the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain – as a “cash grab” before delisting it and replacing it with its own version of the asset. Said the complaint, “In the case of wrapped Bitcoin, Coinbase viewed it as just another cash grab. It saw a competitor, wBTC, that had something it wanted: an innovative product that released value inherent…

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…