Author: Yeek.io

Ethereum spot ETFs witness increased institutional interest, recording a $145 million net inflow. According to statistics from SoSoValue, Ethereum (ETH) spot ETFs had a notable net inflow of $145 million on Dec. 17, indicating growing institutional trust in financial instruments backed by Ethereum. With a notable $135 million inflows on the day, BlackRock’s ETHA topped the inflows and now has the most net inflow of Ethereum spot ETF at $3.365 billion. With a net influx of $4.45 million, Grayscale’s ETH, a major participant in the ETF market, increased its previous net inflow to $616 million. With $5.72 billion in cumulative net…

Top NFT Collections (Last 24h) Rank Name Volume Transactions Chains URL 1 Pudgy Penguins 12,358.62 ETH 661 ethereum View 2 Lil Pudgys 4,796.29 ETH 2383 ethereum View 3 Azuki 2,305.60 ETH 212 ethereum View 4 Azuki Elementals 511.60 ETH 361 ethereum View 5 Pudgy Rods 488.64 ETH 516 ethereum View 6 CryptoPunks 428.49 ETH 10 ethereum View 7 Bored Ape Yacht Club 389.46 ETH 21 ethereum View 8 Doodles 343.81 ETH 78 ethereum View 9 Zeeverse: Lands 302.32 ETH 749 ethereum View 10 Moonbirds 225.25 ETH 202 ethereum View The post Top NFT Collections – December 18, 2024 appeared first…

Homepage > News > Finance > Philippine central bank concludes wholesale CBDC testing The Bangko Sentral ng Pilipinas (BSP) announced it has concluded testing for Project Agila, an initiative that allows financial institutions (FIs) to facilitate large-value fund transfers beyond traditional banking hours. According to the BSP, this capability extends to evenings, weekends, and holidays, leveraging open-source distributed ledger technology (DLT) supported by Oracle Cloud Infrastructure. BSP Governor Eli Remolona Jr. highlighted the transformative potential of the project, stating, “Wholesale CBDCs are expected to enhance liquidity management, reduce settlement risks, and support financial stability.” The central bank said the pilot…

The backbone of any blockchain ecosystem lies in its infrastructure—reliable, efficient, and scalable services that support users, developers, and the network’s integrity.The MyDeFiChain team has filed a Community Fund Proposal (CFP) for 2025, ensuring the continuation of critical services while optimizing costs.This proposal requests 2,625,000 DFI (~$42,000 USD) to sustain the MyDeFiChain infrastructure for the entire year.The Scope of the ProposalThe proposal focuses on maintaining and upgrading infrastructure components that form the foundation of DeFiChain services.These include endpoints, block explorers, snapshot services, faucets, and seeders. What the Funding CoversOcean InfrastructureEndpoint: Ocean MyDeFiChainUtilized by key services such as the LightWallet, Vault-Maxi, BNB-Bridge, and API services.Snapshot…

934 years ago, the oldest university in the world was founded in Bologna, Italy. The University of Bologna formed through a group of student-led mutual aid societies, mostly comprising of foreign students seeking protection from discriminatory city laws. The laws would enforce collective punishment against foreigners for the debts and crimes of their countrymen. Under the umbrella of the University, however, these student-led communities were able to invite scholars to give lectures, form student associations, and most importantly, levy their collective power to end such laws. A far contrast to the administrative bloat of universities today, the early medieval university…

HYPE’s market capitalization is now over $7 billion. The deposit on the platform is now double its pre-TGE. Hyperliquid[HYPE] has seen over $1 billion in USDC deposits since the launch of its native token, HYPE, nearly doubling its reserves to $2.2 billion. This influx has driven the platform’s Total Value Locked (TVL) to an impressive $3.4 billion, signaling strong investor engagement and renewed ecosystem momentum. USDC dominates Hyperliquid’s asset composition Hyperliquid has witnessed a significant inflow of over $1 billion worth of USDC since the launch of its native token, HYPE, according to data from SpotOnChain. The token generation event…

The Income Tax Appellate Tribunal (ITAT) in Jodhpur, India, has today clarified the taxation of crypto transactions conducted before the financial year (FY) 2022-2023. According to the ruling, profits from all such transactions will be treated as capital gains. ITAT Gives Clarity On Pre-2022 Crypto Taxation In what is considered a landmark ruling for India’s digital assets ecosystem, the ITAT declared that cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and others, were capital assets before April 1, 2022. Consequently, any profits earned from their sale during that period should be categorized as capital gains rather than income from other sources. For…

Este artículo también está disponible en español. As we approach the end of the year, Bitcoin (BTC) continues flying to new highs, setting bullish expectations for the rest of the cycle. Bitfinex’s latest reports suggest when BTC’s peak could come and how much climbing might be left for the flagship crypto. Related Reading Bitcoin’s ‘Unique’ Cycle In its latest Alpha Report, Bitfinex highlighted the crypto industry’s big strides in adoption and mainstream recognition this year, which have differentiated this cycle from previous ones. Notably, the launch and increasing institutional demand of Bitcoin and Ethereum spot exchange-traded funds (ETFs) have surpassed…

On-chain data shows the most massive Ethereum whales control most of the supply, with their holdings only continuing to grow. Ethereum Mega Whales Own More Than 57% Of All Tokens In Existence In a new post on X, the on-chain analytics firm Santiment has discussed how the ETH supply held by the different segments of the user base has looked recently. The indicator of relevance here is the “Supply Distribution,” which keeps track of the percentage of the Ethereum circulating supply that a given wallet group is holding right now. Addresses or investors are divided into these cohorts based on…

Introduction The Binance Launchpool has become a cornerstone for discovering and supporting innovative blockchain projects. By offering users the chance to farm tokens by staking cryptocurrencies, Binance continues to enable its community to access the most promising digital assets. One such standout project is Usual (USUAL), a token that has captivated crypto enthusiasts for its potential and utility. In this article, we explore how Usual integrates with Binance Launchpool and why it’s worth your attention. What is Binance Launchpool? Binance Launchpool is a platform that allows users to stake their existing crypto assets and earn rewards in the form of…