Author: Yeek.io

If you’ve taken part in Web3 gaming before, you’ve probably caught glimpses of its vast potential: open economies, true digital ownership, and vibrant communities. However, we often see flashy token launches followed by empty promises and abandoned projects. As they launch their ISLAND token, Nifty Island is building with patience and purpose to realize that potential. It uses its token as a starting point for a community-driven world where players and creators shape the future together. What Nifty Island Is All About So, what exactly is Nifty Island? Think of it as a digital playground filled with “islands” that you…

Homepage > News > Business > PEZA’s landmark year: Investments soar by 32% to $3.1B The Philippine Economic Zone Authority (PEZA) is ending 2024 on a high note, achieving a record-breaking PHP186.098 billion ($3.1 billion) in approved investments as of November 13, 2024. This surpasses the PHP175.71 billion ($3 billion) investments approved in 2023. PEZA Director General Tereso Panga highlighted the significance of this achievement. “The PEZA Board’s approval of the PHP62.341 billion investments during our first Board meeting this month brings us closer to our goal of driving further growth and innovation in the country with the continued entrance of both local…

Mention the term “web3” to a group of developers and you’ll inevitably see a handful of them reflexively cringe. Some still stubbornly argue that it’s mostly unwarranted hype – a way for programmers to waste their time building glorified ponzi schemes with sub-par UX. What they’re missing is that new decentralised protocols have actually been a catalyst for developers to rethink years of assumptions of how the web should work. One of these is IPFS, which – despite being 7 years old – I think is still an overlooked technology that merits more attention. After using IPFS for storing images…

A widely followed crypto analyst says that Ethena (ENA), a synthetic dollar protocol built on Ethereum (ETH), looks primed to continue its red-hot streak. The pseudonymous analyst known as Altcoin Sherpa tells his 234,500 followers on the social media platform X that ENA is worth investing into when it dips in price as it will outpace most of the market. “I think that this just continues going higher. My average is still pretty high like $0.92 or something but this one still just outperforms most of the market [in my opinion]. Buy any dips that you can.” Source: Altcoin Sherpa/X…

A university education is often considered to be the best path to superior lifetime earnings and financial freedom. Actual earnings seem to bear this out. People with a four-year degree make far more over their lifetimes than those without—about 75% according to this study by the Federal Reserve Bank of San Francisco. But this path must be weighed against alternatives. Bitcoin is also an excellent investment, with a 71% average compound annual growth rate (CAGR) over the past ten years. The growth trajectory of bitcoin has created an alternative path to financial freedom. What if we invested in bitcoin instead…

In a blog post, Lido highlighted challenges like limited user adoption, low staking rewards, and high maintenance costs. Emerging zkEVM solutions and increased competition from platforms like EigenLayer further reduced demand for Lido’s services on Polygon.Governance priorities also played a role. Initiatives like GOOSE and reGOOSE shifted focus to Ethereum, prompting Lido to reevaluate its multi-network strategy.For stMATIC token holders, key dates include:December 16, 2024: The staking services will be shut down, and new deposits will no longer be accepted.January 15-22, 2025: Operations will temporarily pause, and withdrawals will be unavailable.June 16, 2025: Final date for withdrawals via the Lido…

Ethereum price has stalled at the resistance level of $4,000, but on-chain metrics and other external factors points to more gains. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, was trading at $4,008. But the momentum failed to continue as it has faced resistance over the past three consecutive weeks. Still, ETH has positive catalysts that could push its price higher in the near term. The first main catalyst is that Bitcoin (BTC) has continued rising and moved to a record high this week. Altcoins like Ether often follow the price of Bitcoin. Spot Ethereum ETFs are also seeing strong…

Bitcoin Approaches New All-Time Peak Reaching a fresh all-time high of $107,700, Bitcoin (BTC) attracted notable market interest. Investors’ confidence has been strengthened and optimism driven by this unprecedented rise. With trading at $106,456, Bitcoin increased by 2% during the past 24 hours. It had a 24-hour low of $103,320 and a high of $107,777. With a trading volume of $83 billion and a market capitalization of $2.11 trillion, Bitcoin keeps controlling the market with a 56.46% share. Source: CoinGecko Important inflows into Bitcoin ETFs raised investor trust even more. SoSo Value revealed Monday inflows of $636 million. BlackRock led…

Homepage > News > Business > Last Week in AI: OpenAI launches Sora; X makes Grok free Last week, OpenAI launched its text-to-video generative artificial intelligence (AI) tool, “Sora.” The company first previewed this tool in February 2024 but said Sora’s capabilities have evolved since then, so they are dubbing the latest version “Sora Turbo.” Sora is currently available to ChatGPT Plus and Pro users; however, OpenAI is heavily restricting access, leaving many people—including me—unable to try the tool immediately after its launch. For those with access, Sora Turbo allows users to create up to 50 videos per month at…

You’ve heard of DAO social clubs, but what about DAO investment clubs? Layer3 is excited to announce our newest partnership with Syndicate. Syndicate is building infrastructure to to revolutionize investing through web3 technologies. It allows anyone to invest in tokens, NFTs, and even startups. Users can create their own investment DAOs in just a few clicks and invest in both on-chain and off-chain assets. Users and investors can view token and NFT investments through Syndicate’s dashboard in real time, in addition to automatically generating and collecting investment club legal documents via Syndicate’s app. Our first contest with Syndicate is now…