Author: Yeek.io

Hedera has adopted Chainlink’s suite of smart data products to accelerate the growth of decentralized finance and tokenized real-world assets. The Hedera (HBAR) team announced on Dec. 16 that Chainlink (LINK)’s Data Feeds and Chainlink Proof of Reserve were now live on the Hedera mainnet. The integration aims to bolster developers on the Hedera network by enabling access to high-quality data and proof-of-reserve verification. According to a blog post by the platform, Hedera developers can now utilize this data technology for DeFi and tokenized RWA projects. The Hedera and Chainlink integration follows the recent key partnership between HBAR Foundation and…

Kontos Protocol announces tokenomics revealed with an emphasis on investor engagement and ecosystem. The much-anticipated tokenomics for Kontos Protocol’s native token, KOS, have been revealed. 139.4 million tokens, or 13.937% of the total supply of 1 billion KOS, are released at the Token Generation Event (TGE). 🚀 Kontos Tokenomics Unveiled! 💥 We’re excited to share the official breakdown of Kontos Tokenomics! With 1 Billion $KOS Tokens, we’re building a future that’s focused on community, growth, and long-term success. 🌟 – Total Supply: 1,000,000,000 #KOS – TGE Release:… pic.twitter.com/thzkiOFLGM— Kontos Protocol (@Kontosio) December 17, 2024 A balanced and sustainable model for…

President-elect Donald Trump’s crypto project World Liberty Financial (WLFI) is loading up on decentralized finance (DeFi) altcoins, on-chain data shows. Blockchain intelligence platform Arkham reports that WLFI’s treasury acquired $50 million worth of different DeFi coins in preparation for its launch. “UPDATE: DONALD TRUMP’S WORLD LIBERTY FI ACQUIRED $50 MILLION OF DEFI COINS The World Liberty Finance Treasury just acquired: $35 million of ETH/WETH$10 million of cbBTC$1 million of LINK$1 million of AAVE Is Trump long DeFi?” Source: Arkham/X WLFI went live with its token sale in October. The project originally said that 63% of all WLFI would be sold…

Growing institutional confidence is indicated by Bitcoin’s record-breaking gain and consistent ETF inflows. According to statistics from SoSoValue, Bitcoin (BTC) spot ETFs showed a net inflow of $637 million on Dec. 16, the 13th day in a row that inflows have been positive. Bitcoin is hitting new all-time highs at the same time as this continuous investment boom, indicating rising investor confidence in the cryptocurrency sector. Source: SoSoValue With the largest one-day inflow of $418 million, BlackRock’s IBIT took the lead and accumulated a total net inflow of $36.3 billion. With $116 million, Fidelity’s FBTC came next, increasing its overall…

Este artículo también está disponible en español. A new altcoin, Hyperliquid (HYPE), is rapidly making waves in the cryptocurrency market, now ranking as the 28th largest cryptocurrency by market capitalization. This ascent has seen HYPE surpass established coins like Near Protocol (NEAR), with its value soaring by 204% in just two weeks, bringing its market capitalization to around $8.93 billion. Exploring The Hyperliquid Protocol  Examining the altcoin’s offerings is essential to better understanding the increased attention it has garnered over the past week.  HYPE is the native token of Hyperliquid, a Layer-1 (L1) blockchain that utilizes HyperBFT technology. This tool…

The Ethereum Foundation is excited to announce the winners of the Merge Data Challenge 🐼. The challenge ran for ~9 weeks surrounding the Merge, allowing for data analysts to gather and review information both before and after the big event. Participants submitted a treasure trove of data and analysis in 45(!) different blog posts. Enjoy combing through the many insights and, as everything is open source, feel free to open things up and extend/modify the analysis! Prizes Prizes are divided into three tiers, based on the overall quality, scope, extensibility, and usefulness to the community. Gold ($30k prize) 🥇 Silver…

Beam Ventures is set to launch a $150 million fund to boost Abu Dhabi and position itself as a major player in the global gaming industry.This initiative aims to establish the emirate as a hub for gaming innovation and will support startups working on blockchain, artificial intelligence (AI), and virtual and augmented reality (VR/AR). Additionally, a web3 gaming accelerator, set to launch in early 2025, will provide resources and mentorship to early-stage companies.This initiative builds on Abu Dhabi’s existing efforts to become a gaming and technology hub. The emirate has already hosted prominent gaming events, such as esports tournaments and…

Homepage > News > Business > Philippine Web3 startups: Ushering in a new wave of innovation As the world watches Australia explore blockchain technology for its national digital ID system, a revolution in Web3 development is brewing much closer to home. With its abundant tech talent and rapidly evolving startup ecosystem, the Philippines is positioning itself as the next big player in blockchain-driven solutions. The ICP Hub Philippines is leading this charge, which recently launched the sixth edition of the iThink Hackathon during Philippine Startup Week 2024. This flagship event aims to empower Filipino innovators to develop impactful projects that address pressing societal and global challenges.…

Lido Finance, the largest liquid staking protocol in decentralized finance (DeFi), is winding down its operations on the Polygon network due to limited user adoption and a strategic refocus on Ethereum. The decision follows a request from Lido DAO Token (LDO) holders, extensive discussions within the DAO forum, and a community vote where 99% of participants favored the proposal.The move comes after a November vote that considered two options: transitioning away from Polygon or reevaluating the economics of the middleware. The justification for the wind-down stems from challenges Lido faced on Polygon, including resource-intensive maintenance, insufficient rewards, and a shift…

Mark Longo’s legal team sent cease and desist letters to Binance after it added the PNUT meme coin to its listings. Longo’s lawyers alleged that Binance is infringing on intellectual property rights via the token. The original owner of Peanut the Squirrel (PNUT), Mark Longo, announced in a recent post that he plans to issue more cease and desist letters on the grounds of “unauthorized use of my intellectual property” after the one his lawyers sent to Binance. Around the time when Longo announced he was taking legal action against Binance, Longo’s own token JUSTICE (For Pnut and Fred) surged…