Author: Yeek.io

In an update on X, World Liberty Financial (WLFI) shared news about a long-term partnership with Ethena Labs.The integration will initially start by adding Ethena’s yield-bearing token, sUSDe, into the WLFI ecosystem. Ethena will be the first token allowed for usage as collateral within the WLFI platform and will run using the Aave backend. Ethena’s Total Value Locked (TVL) and user base is bound to elevate the Aave setup. Ethena announce partnership with WLFI | Source: XThe partnership will start by looking into using sUSDe as collateral. This could help WLFI’s Aave instant access to the Ethena’s Total Value Locked…

If you spend your time interacting with digitally rendered cats, apes, and pixelated owls, then you’re probably no stranger to the world of NFT “Profile Picture” (PFP) communities. Often characterized by randomly generated traits and names in collections that include up to 10,000 unique NFTs, PFP communities have unlocked entirely different types of value beyond the traditional mechanics of the NFT marketplace. 10,000 Moonbirds on the Ethereum Blockchain brought in $75 million+ in revenue in a matter of hours. Newcomers to NFTs or crypto in general find it difficult to fathom how a simple .jpeg of an ape or owl…

Journalist Posted: December 18, 2024 Bloomberg analysts predicted Litecoin and Hedera ETFs could launch before Solana and XRP. Delays in Solana and XRP ETFs highlight regulatory challenges and the impact of upcoming SEC leadership changes. In a surprising development, Bloomberg’s ETF analysts, including Eric Balchunas and James Seyffart, have predicted that Litecoin [LTC] and Hedera [HBAR] ETFs could launch before Solana [SOL] and Ripple’s XRP ETFs. Their insights are based on the growing classification of Litecoin as a commodity and Hedera’s status as a non-security. Both of these contribute to a more favorable regulatory environment. Bloomberg analysts spill the beans…

Pepe coin price dropped for three consecutive days, invalidating a previously bullish pattern and forming another bearish one. Pepe (PEPE), the third-largest meme coin globally, fell to a low of $0.00002117, marking its lowest level since December 6. This decline coincided with broader cryptocurrency market losses. Bitcoin (BTC) fell to $104,400, retreating from its record high of $108,000. The total market cap of all cryptocurrencies dropped by 5% to $3.82 trillion. Pepe plunged in a high-volume environment. According to CoinGecko, its 24-hour volume was $2.2 billion, much higher than Shiba Inu’s (SHIB) $725 million.  The ongoing crypto sell-off is happening…

Este artículo también está disponible en español. On December 14, 2024, a dormant whale wallet made ripples in the cryptocurrency market by transferring 2.1 trillion PEPE tokens worth over $52 million. This large transfer, which occurred after 600 days of inactivity, has spurred excitement and speculation about a possible price increase for the popular meme coin. Related Reading Analysts are keenly tracking PEPE’s moves, anticipating a probable rebound that might take its value to $0.00005 or higher. Whale Activity Indicates Potential Surge The current whale behavior is notable in the cryptocurrency market because massive transfers can reflect trust in an asset…

Ethereum is moving to proof-of-stake! The transition, known as The Merge, must first be activated on the Beacon Chain with the Bellatrix upgrade. After this, the proof-of-work chain will migrate to proof-of-stake upon hitting a specific Total Difficulty value.The Bellatrix upgrade is scheduled for epoch 144896 on the Beacon Chain — 11:34:47am UTC on Sept 6, 2022.The Terminal Total Difficulty value triggering The Merge is 58750000000000000000000, expected between Sept 10-20, 2022.Note: as announced earlier, the Kiln testnet is being sunset. Operators will shut down on September 6, 2022. Background Following years of hard work, Ethereum’s proof-of-stake upgrade is finally here!…

Quick take: The funding announcement comes just weeks after the Aave developer unveiled an overhauled new version of Lens protocol. The company has also moved the base technology powering its decentralised social media infrastructure to zkSync from Polygon, citing the ability to scale at lower costs as the reason. Lens protocol v3 is scheduled for launch during the first quarter of 2025. Avara, the developers of Lens, Aave and Family has completed a $31 million funding round led by Lightspeed Faction. The fundraising also attracted participation from Alchemy, Avail, Circle, Consensys, DFG, Fabric Ventures, Foresight Ventures, Stellarcore, Superscript, Re7, and…

Germany’s Deutsche Bank is set to address compliance hurdles associated with public blockchain technology through the development of a Layer 2 protocol. Announced as part of Project Dama 2, this initiative will integrate blockchain efficiency with regulatory requirements, bridging traditional financial services (TradFi) and decentralized technology.Germany’s Deutsche Bank Develops Layer 2 to Enhance Blockchain EfficiencyAccording to a recent Bloomberg report, Deutsche Bank has introduced Project Dama 2, an innovative solution to improve the compliance and efficiency of blockchain technology. The initiative is part of the Monetary Authority of Singapore’s (MAS) Project Guardian, which encourages financial institutions to explore asset tokenization.Project…

Valour, the asset management business of DeFi Technologies, has launched its Hedera staking exchange-traded product on the Euronext Amsterdam. The ETP issuer announced on Dec. 18 that the 1Valour Hedera Physical Staking ETP had listed on the Euronext Amsterdam, expanding its Hedera (HBAR) ETP offerings for European investors. Valour is collaborating with the Hedera ecosystem’s venture capital and tech platform, The Hashgraph Group, to provide access to the product, which is based on the HBAR token. The Hedera HBAR ETP launched with $5 million in seed funding from The Hashgraph Group. According to Valour, the launch is part of the…

We are thrilled to announce our partnership with NetSepio, a trailblazing platform dedicated to redefining online security and decentralization. With innovative solutions like Erebrus and Sotreus, NetSepio addresses critical internet challenges such as censorship, surveillance, and the inherent vulnerabilities of traditional VPNs and public Wi-Fi networks. This is where Spheron’s decentralized compute network delivers the GPU infrastructure required to support NetSepio’s dynamic tunneling, encrypted traffic routing, and community-powered operations. Together, we empower users to reclaim their online freedom and privacy, building a resilient future for the internet. The Problem: A Centralized and Vulnerable Internet The internet, once a symbol of…