Author: Yeek.io

Arkham Intelligence has partnered with Sui Network to integrate Sui blockchain data into its analytics platform.  The collaboration will provide Sui (SUI) users access to Arkham’s tools, including dashboards, entity and address pages, real-time alerts, and visual tracing features. The partnership also involves Walrus Protocol, a decentralized data storage solution being developed by Mysten Labs, the creators of Sui.  Arkham (ARKM) plans to explore potential use cases for Walrus within its Intel Platform. This move highlights efforts to enhance on-chain transparency and expand blockchain analytics for Sui’s growing ecosystem. Sui’s price surge Sui has seen rapid growth in 2024, adding…

Plume, a modular layer-1 blockchain for real-world asset finance, has raised $20 million in a Series A funding round, backed by prominent blockchain and crypto-focused venture capital firms. The Plume Network team announced that the round was led by Brevan Howard Digital, Haun Ventures, and Galaxy Ventures. The funding will be used to expand Plume’s RWA finance ecosystem and accelerate the development of its layer-1 blockchain. Plume aims to create a blockchain specifically tailored for crypto-native users and institutions, focusing on bringing traditional financial assets on-chain. The raised capital will be directed toward supporting decentralized finance applications and tokenized products…

Decentralized application revenue on Solana reached a new record high, mainly generated from meme coin-related transactions and tools. According to Syndica’s research, Solana (SOL) native DApps garnered $365 million in revenue during November 2024, a new monthly high for the popular layer-1 blockchain network. Solana’s decentralized finance ecosystem was the leading port of call for revenue. SOL DeFi comprised almost 84% of cash raised last month, compared to wallets and infrastructure, which attracted less than 15%. Among DeFi activity, meme coins and meme-supportive protocols dominated SOL revenue. Meme coin DApps monthly revenue surged 305-fold in 2024, raking in over $500…

Quick take: The fundraising also attracted participation from Borderless Capital, Anagram, Foresight Ventures and Karatage. Fraction AI is currently in a closed testnet and is scheduled to launch its public testnet in January. The company uses a hybrid model for data labelling, combining both human inputs and AI agents. Fraction AI, a decentralised AI platform combining both human inputs and AI agents for data labelling has raised $6 million in a pre-seed funding round led by Spartan Group and Symbolic Capital.  The Fundraising also attracted participation from Borderless Capital, Anagram, Foresight Ventures and Karatage, with Polygon’s Sandeep Nailwall and Illia…

Ethena Labs (ENA), a synthetic dollar protocol backed by BitMEX founder Arthur Hayes, is announcing a partnership with President-elect Donald Trump’s decentralized finance (DeFi) project. In a new announcement on the social media platform X, Ethena Labs says it has entered into a strategic partnership with World Liberty Financial (WLFI). According to Ethena Labs, the collaboration will bring over Ethena Staked USDe (sUSDe) – a yield-bearing token that inventors can stake – to the DeFi platform. “A governance proposal has been submitted to add sUSDe to WLFI’s upcoming Aave instance as a core collateral asset, Should it pass, this proposal will…

One counter-argument against pushing for greater scalability with Bitcoin is that “most people won’t self-custody anyway, so why bother?” This is a wildly assumptive, arrogant, and outright fallacious argument. It is the same type of logical fallacy that human beings can’t help but make. The current state of the present is an indicator of what the state of the future will be. “It’s not raining today, so it won’t be raining tomorrow.” It’s exactly the type of thinking that led Bitcoiners during the last market cycle to take for granted we would hit 100-200 thousand dollars as a peak then.…

Key Details About the LaunchName of Product: 1Valour Hedera Physical Staking ETPISIN Code: GB00BRC6JM96Listing Venue: Euronext AmsterdamSeed Funding: $5 million provided by The Hashgraph Group (THG)Why Hedera Stands OutIt’s the innovative, energy-efficient blockchain network driven by a Proof-of-Stake consensus mechanism. Then there’s the global governance model managed by prominent organizations such as Google, IBM, and Deutsche Telekom, among others. Hedera comes in at $11.3 billion in market capitalization and places in the top 20 cryptocurrencies globally.HBAR is Hedera’s cryptocurrency that pays for network operations, including transaction fees, and secures the network. It has been attracting investors because it is eco-friendly…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum lags with 70% gains in 2024, emerging L1 networks like Graphite are stepping up, offering faster speeds, lower costs, and a trust-driven blockchain ecosystem. With the end of 2024 quickly approaching, Ethereum records a year-to-date gain of over 70%, significantly falling behind other leading cryptocurrencies such as Bitcoin and Solana, which rose by 142% and 107%, respectively.  Source: CoinMarketCap Bitcoin continues to dominate investor interest, benefiting from its robust deflationary structure and reputation as an efficient store…

Binance has announced Pudgy Penguins (PENGU) as the 4th project in its HODLer Airdrops program. The announcement is a significant milestone for the Pudgy Penguins community, which has grown into a cultural phenomenon with over 50 billion social views and a robust global following. $PENGU will officially be listed on Binance on December 17, 2024, at 14:00 UTC, with trading pairs including USDT, BNB, FDUSD, and TRY. Binance will also airdrop 2.67 billion PENGU tokens to eligible BNB holders, accounting for 3% of the token’s max supply, directly into their Spot Wallets. Pudgy Penguins (PENGU) on Binance HODLER Airdrop The…

Homepage > News > Business > El Salvador softens BTC stance as economic reality bites When BTC briefly passed $100k per coin recently, El Salvador’s President Nayib Bukele stood triumphant. As the nation’s BTC stash surpassed $600 million, the strongman chastised his political opponents, accusing them of causing many Salvadorans to miss out on an opportunity by opposing his plans in 2021. Yet, away from the spotlight and public bravado, Bukele’s government has agreed to walk back its hardline pro-BTC stance to secure a $1.3 billion loan from the International Monetary Fund (IMF). Among other things, it will make accepting…