Author: Yeek.io
Homepage > News > Finance > Australia new task force targets digital asset ATMs Australia’s financial crimes watchdog is taking a keen interest in digital asset crime and has launched a new task force to monitor ‘crypto’ ATMs. The Australian Transaction Reports and Analysis Centre (AUSTRAC) recently stated that its study revealed that digital assets were being increasingly used for money laundering and scams. ATMs are at the heart of it; their enhanced anonymity limits legal action against the perpetrators, and they are easily accessible to Australians, including those without any prior digital asset experience. With 1,323 ATMs, only the United States…
Bitcoin’s trajectory has been extraordinary. From its obscure beginnings in 2009 to reaching over $100,000 in early December 2024, this digital currency has evolved from a tech curiosity into a globally recognized financial asset. Its meteoric rise has drawn scrutiny not just from investors, but from regulators and central banks concerned about its implications for economic stability and social cohesion, especially in a democracy. At the heart of this debate lies a critical question: Does Bitcoin pose a genuine threat to democratic systems and social stability, or are institutions like the European Central Bank (ECB) merely reacting defensively to financial…
Fartcoin is up 22% in 24-hour trading and a whopping 164% on the week, leading to surge in interest among retail traders as Bitcoin hits a new ATH. Fartcoin price on Dec. 16, courtesy Coingecko. According to data from Coingecko, Fartcoin (FARTCOIN) is currently trading at $0.78 and is up nearly 22% in 24 hour trading. Fartcoin is a cryptocurrency that combines internet culture with cryptocurrency, focusing on humor rather than traditional financial utility. It allows users to engage in activities like submitting fart-themed memes or jokes to earn tokens. A unique feature includes a “Gas Fee” system where each…
You asked, we answered. Anyone can now complete a Bounty to receive NFT rewards on Layer3. We’re no stranger to NFTs. From Bored Apes to 1/1 collectors items to credentials, we’ve seen the potential of NFTs in providing so much more than just speculation. Last week, we launched NFT Rewards to curate unique NFT experiences for our community. If you held any NFT on Ethereum mainnet, you could participate. What does this mean for anyone using Layer3? It means you’re now able to: Receive NFT rewards for completing on-chain and off-chain tasks View Bounties where you’ve claimed NFTs on your user profile Complete…
The past two months have been full of positive XRP news. Ripple is becoming the poster child for the surging crypto market. The latest XRP News is the New York Department of Financial Services (NYDFS) approval for the RLUSD stablecoin. While the launch date for RLUSD is not specified, and its direct impact on the Ripple blockchain will be minimal, if any, the markets have celebrated this win for the troubled altcoin. This highlights the fact that the markets will eventually reward all high-utility altcoins. This is also why the IntelMarket INTL is steadily gaining traction as one of the…
XRP price started a fresh increase from the $2.320 zone. The price is now rising and might soon aim for a move above the $2.55 resistance. XRP price started a fresh increase above the $2.35 zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.44 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.525 resistance. XRP Price Regains Traction XRP price started a decent upward move above the…
What Drives Bitcoin’s Value?To understand whether Bitcoin can achieve this target, it’s essential to look at the factors influencing its price.Supply and Demand: Bitcoin has a fixed supply of 21 million coins. As more investors seek it, scarcity could drive prices upward.Adoption Rates: Businesses, financial institutions, and governments showing interest in Bitcoin can push its growth. Recent trends indicate rising adoption, especially in emerging markets.Macroeconomic conditions: Inflation, interest rates, and global economic trends are all factors. The general view is that bitcoin is a hedge against inflation.Technological Advances: Improvement on the Bitcoin network, or other innovations within the Bitcoin ecosystem,…
Community & educationCrowdsourcing Technical Ethereum Content in TaipeiNic LinOpen call for technical papers from Taipei’s Ethereum community.Community & educationCrypto Economics Security ConferenceBerkeley Center for Responsible, Decentralized IntelligenceThe Crypto Economics Security Conference (CESC) bringing together researchers and practitioners to discuss the most recent developments in web3.Community & educationCryptoversidadEducational content on Ethereum blockchain fundamentals in Spanish.Community & educationCypher Plato BAMCypher_platoOpen online Spanish course teaching junior developers the basic technical knowledge and skills needed to contribute to the Ethereum ecosystem in Latin America, created by a crypto study group from Platohedro.Community & educationDevcon ScholarshipsEthereum CaracasScholarships to attend and support Devcon VI for key…
One of the biggest streamers on Twitch with nearly 75000 followers and tremendous influence, Kaitlyn ‘Amouranth’ Siragusa has jumped into the world of NFT articulating an obscene digital sculpture for $125k. This sale has not only shocked the fans but recalled the new associations of adult content creators with the growing possibilities of the NFT market. The auction which also took place through OnlyPunks collection is a key event of the development of Owline and digital collector’s items as well as further mainstreaming of blockchain art. The truth or facts about the NFT auction that shook the industry The particular…
Homepage > News > Business > Top 5 Highlights of 2024: It’s been a strange year…in a good way 2024 has been a strange year…everything from dramatic court cases to turbulent CEOs to polarizing presidential elections…its been a wild ride to say the least! But not necessarily in a bad way. It’s been an amazing year for me, one of grounding and going back to my roots in more ways than one. I’ve learned valuable life lessons and have been reminded that sometimes things are not what they seem. I enjoyed more time in London this year, a nice break from the…