Author: Yeek.io

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…

Working in tandem with the Carbon DeFi deployment, Bancor’s Arb Fast Lane protocol plays a crucial role in optimizing the IOTA DeFi landscape. It functions as a powerful solver system, similar to a built-in trading bot, by intelligently routing orders across the entire chain. This means the Arb Fast Lane helps ensure trades are efficiently executed by searching for the best available prices and liquidity across all major IOTA platforms, including Graphene, Velocimeter, MagicSea, and Wagmi.This aggregation of liquidity also contributes to a more stable and balanced DeFi ecosystem on IOTA.

contributor Posted: December 19, 2024 83.15% of top traders on Binance held long positions of DOGE. Dogecoin could soar by 25% to reach the next resistance level of $0.45 if it holds itself above the $0.345 mark. Dogecoin [DOGE] was gaining attention from crypto enthusiasts despite a recent price decline. Following the rate cut announcement and the anti-crypto stance by Jerome Powell, the Fed Chair, market sentiment shifted. This resulted in a significant sell-off in the crypto market. Rising interest in Dogecoin  Amid the market sell-off, DOGE has experienced a price decline of over 13.5%. Despite this decline, whales and…

Table of Contents: How is AI Transforming Businesses? The Societal and Ethical Implications of AI Just imagine living in a world where machines could predict your needs before you voiced them. Diseases could be diagnosed even before the symptoms appear. And businesses would thrive on smarter decisions made by data. This is the magic of Artificial Intelligence. With revolutionary advances, AI is resolving old problems while offering innumerable possibilities. In this blog, we will explore the incredible advantages arise from AI and how it impacts every dimension of our lives. Benefits of AI: Picture Courtesy: quixy.com AI is changing the…

A US federal judge dismissed orders sought by BiT Global to restrain Coinbase from delisting Wrapped Bitcoin (WBTC).  Wednesday’s ruling by Judge Araceli Martínez-Olguín denied the argument submitted by Hong Kong-based BiT Global to prevent Coinbase from the scheduled delisting of WBTC. The Judge held that the plaintiff failed to demonstrate the imminent and irreparable harm that would arise if the defendant delisted WBTC.  Coinbase Victory over BiT Global Judge Martínez-Olguín informed BiT Global’s attorney that evidence on what would come is missing, hence the decision not to halt Coinbase’s delisting plans.  The ruling arose from a suit filed…

Cardano price has crashed by over 20% from its highest point this year, and one legendary trader believes that it has more downside to go.  Cardano (ADA), a popular layer-1 coin, retreated to $0.90, much lower than the year-to-date high of $1.326. Peter Brandt, a legendary trader who has written widely on technical analysis, warned that the coin may continue falling in the near term. He pointed to Cardano’s head and shoulders chart pattern that has formed on the daily and four-hour chart. A H&S pattern is made up of two shoulders, which are at $1.153, and a head at…

Este artículo también está disponible en español. The Bitcoin price action in the past 24 hours saw it breaking below the $100,000 price mark again very briefly before breaking above it again. Particularly, Bitcoin’s price action in the past 24 hours has been between $98,839.87 and $105,306, highlighting the potential corrections that could occur as the cryptocurrency continues to edge upwards.  This fluctuation comes amid a broader bull market cycle that analysts like CryptoCon suggest is far from over. Bitcoin Crash Below $100,000 Not The End Crypto analyst CryptoCon has been a consistent voice in tracking Bitcoin’s movements using Fibonacci…