Author: Yeek.io

ADGM, the Abu Dhabi Global Market, has partnered with Polygon Labs to advance blockchain innovation and establish international disclosure standards aimed at ensuring transparency, security and trust within the Web3 and blockchain ecosystems. This collaboration builds on ADGM’s distributed ledger technology (DLT) regulations, positioning Abu Dhabi as a global hub for technology-driven financial services.The partnership aligns with both ADGM’s and Polygon’s shared vision of advancing blockchain adoption and creating a robust framework for Decentralised Autonomous Organisations (DAOs). This initiative is expected to enhance global regulatory clarity, build confidence in blockchain technologies and promote transformative change in the blockchain industry.Hamad Al…

Staking protocol Lido has announced a timeline for the sunsetting of its products on Polygon in the coming months. The Lido Finance team announced on December 16 that it plans to discontinue all operations on Polygon following a DAO forum discussion and a community vote approving the move. According to the team, the decision to end Lido’s support on Polygon was made by Lido DAO (LDO) token holders, with the initial proposal forwarded by Shard Labs in 2021. Lido cited several challenges influencing the decision, including limited user adoption and shifting dynamics in the decentralized finance (DeFi) ecosystem. Additionally, Polygon’s…

The U.K.’s Financial Conduct Authority issued a public notice against Solana meme coin Retardio, while holders celebrated a 16% price surge following the news. Retardio, a viral Solana (SOL) meme coin project, may be providing or promoting financial services without regulatory permission, the FCA announced in a Dec. 16 update. Engaging with the meme coin disqualifies investors from using the Financial Ombudsman Service, the FCA’s complaint resolution channel. Retardio buyers are also excluded from protections offered by the Financial Services Compensation Scheme. “This means it’s unlikely you’d get your money back if the firm goes out of business,” according to…

Table of Contents: Latest Developments and Breakthroughs in AI Impact of AI News on Markets and Industries AI Trends to Watch in 2024 and Beyond How to Keep Up with AI News As per the present scenario, daily newspapers are filled with Artificial Intelligence (AI) news, which is revolutionizing industries by sparking debates and influencing markets. Be it natural language processing to developments in robotics and advancements in healthcare; there is no doubt that Artificial Intelligence is steering the future. Let’s explore all those updates about the new advancements made in AI, their consequences, and how they are changing industries…

TapSwap, has announced the listing of the $TAPS token and the official launch of the Token Generation Event (TGE) for January 2025. This denotes a major landmark achievement for TapSwap which has climbed sharply in popularity following it emerged in February this year, grasping the attention of the 50M+ players worldwide. TapSwap, an innovative tap-to-earn app backed by TON Blockchain disclosed this development in a recent announcement. TapSwap Announces $TAPS Token to Boost Skill-Based Gaming TapSwap’s swift success emerges from its simple however highly engaging gameplay, letting players earn rewards. In this respect, the players just need to tap an…

Bitcoin‘s potential for extended growth is regaining traction following several bullish technical indicators and price movements cited on its chart. With recent breakouts, many crypto analysts believe a major rally for BTC could be around the corner. Key Breakout Sparks Renewed Rally For Bitcoin Daan Crypto Trades, a crypto expert and trader, has pointed out a possible rally for Bitcoin due to a breakthrough above a key market indicator, particularly the Bull Market Support Band. Given Bitcoin’s recent bullish performance, the development has sparked optimism and confidence among investors. According to the expert, Bitcoin consolidated around the support band for…

The market activity of TRON (TRX) has experienced a remarkable surge, resulting in the company making headlines. In November 2024, TRON achieved an extraordinary $587 billion in USDT transfers, a 30% increase from the previous months. This remarkable expansion underscores TRON’s status as a preeminent blockchain platform for stablecoin transactions, which are distinguished by their rapid transaction speed and low fees. TRON’s deflationary model and the growing popularity of stablecoins may pave the way for even more substantial price increases as the cryptocurrency market continues to develop. USDT Transfer Volume on TRON Reaches All-Time High of $587.2B (Monthly) “Stablecoins have…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Neon Machine, the studio behind the blockchain-based first-person shooter Shrapnel, has announced a major leadership change ahead of the game’s planned free-to-play launch in 2025.Ken Rosman, known for his experience with Xbox titles, has been appointed as the new CEO. Meanwhile, co-founder and outgoing CEO Mark Long will transition into an advisory role to provide continued support during this critical phase of development.In addition to the CEO appointment, the company is preparing for a new round of fundraising and navigating ongoing legal disputes, signaling a crucial period in its development. Source: ShrapnelWhy is Neon Machine appointing a new CEO?The studio…

Homepage > News > Business > Choke Point 2.0: Fact or fiction, crypto banking access set to change Crypto bros’ claims of an all-out war on their banking access don’t survive close inspection, but the sector’s feigned martyrdom is nonetheless paying off bigly. Tech investor Marc Andreessen, co-founder of the Andreessen Horowitz (a16z) venture capital group, made headlines last month when he told podcaster Joe Rogan that he knew of 30 tech founders who’d been improperly ‘debanked’ by United States President Joe Biden and his anti-crypto administration. This alleged campaign has attained mythic status within crypto bro circles as ‘Choke…