Author: Yeek.io

Decentralized exchange Clipper was exploited for roughly $450,000 after an attacker exploited two of the protocol’s liquidity pools on the Optimism and Base blockchains.  At 4 am UTC on Dec. 1, an attacker manipulated Clipper’s withdrawal function, exploiting its ability to process bundled swap and withdrawal transactions, the protocol wrote in its first post-incident report. The lost funds from liquidity pools on Optimism and Base accounted for roughly 6% of the total value locked in the platform, compelling it to suspend swaps and deposits on all chains and disable the ability to withdraw in the form of just one token.…

Dogecoin repeats similar MVRV pattern when prices near highs. Propietary Indicator breaks out, thus the DOGE correction could be short-lived. Dogecoin [DOGE] continues to be a force in the memecoin market as it exhibited cyclical patterns on the market value to realized value (MVRV) ratio chart. Historically, each surge in DOGE’s MVRV suggested overvaluation, followed by retracements, especially when prices neared all-time highs. Recently, the MVRV ratio again approached these higher levels. Peaks in early 2014, late 2017, and early 2021 were met with sharp declines, aligning with corrections post-hype phases. Source: Santiment Post-retracement periods entered phases of consolidation, laying…

Introduction Three quarters in, one to go. It’s been a year since we raised $2.5m to build the next-generation web3 tool for onboarding contributors into DAOs. Now — we’ve expanded our mission, our team, and our feature suite. The best way to discover and rediscover your favorite protocols and ecosystems in web3 just got a whole lot better. We’ve spent the past quarters in the weeds with our customers and users on how to make their web3 experience as intuitive as possible. And we’ve shipped a whole new set of product features to enable that. Q3: Happy 1st Birthday to…

Virtuals Protocol, Aave, and Chainlink were the biggest winners in the past week. Dogwifhat, Brett, and Bonk led from the other end of the table as the biggest losers. This week saw Virtual Protocol [VIRTUAL] emerge as the top-performing asset, gaining 39.80%, while Aave [AAVE] and Chainlink [LINK] also delivered impressive returns. However, the week wasn’t without its losers, with memecoins topping the chart and facing notable declines.  Biggest winners Virtual Protocol [VIRTUAL] Virtual Protocol emerged as the top-performing asset last week, recording a 39.80% increase, according to data from CoinMarketCap. It started the week positively, rising by 2.65% to…

A renowned economist disagrees with Bitcoin supporters who claim that cryptocurrency could someday solve the national debt of the United States. Economist Peter Schiff expressed his skepticism on the bold declaration of what he called “Bitcoin pumpers” that 1 million BTC can settle the country’s national debt, saying that even with that number of cryptos, it will still be insufficient to address the country’s enormous government debt. Not Enough To Pay US Debt Schiff does not believe that 1 million Bitcoin is the answer to paying off the US national debt, arguing that to do that, the crypto needs to…

What Makes Willow Unique?Willow stands out for the tremendous speed at which it performs computations; it will run using 105 qubits to give solutions for problems that, so far, traditional supercomputers could never crack.Here’s what Willow achieved:TaskTraditional SupercomputerWillow Quantum ChipSpecific complex computation10 septillion years to complete5 minutesThis breakthrough showcases the immense power of quantum computing. Unlike traditional computers, which process tasks step by step, quantum computers handle multiple calculations at once.This efficiency, however, comes with risks. Quantum computers excel at breaking encryption algorithms. The crypto community has long worried about such advancements threatening Bitcoin’s security.Could Willow Break Bitcoin?Bitcoin’s security relies…

Withdrawals are imminent. tl;dr Shanghai+Capella (aka Shapella) is on the horizon. Stakers, node operators, infrastructure providers — pay attention and test!The Academic Grants Round is live! Applications are due by February 27, 2023 Shapella on the horizon 🌅 After much testing and development, the Shanghai+Capella (Shapella) mainnet upgrade is moving into the final pre-launch sequence — public testnets! The Zhejiang testnet is live and available for stakers and users to test Shapella today. And, the first of the long-standing public testnets — Sepolia — is scheduled to go through the upgrade on February 28th. Shapella contains many features, but most…

Coinbase is one of the most popular cryptocurrency exchanges out there and ranks #2 in crypto trading volume, right behind Binance. But is it the right exchange for you? Whether you’re just starting with Bitcoin or looking for advanced trading options, this Coinbase review will help you decide. We’ll cover everything from security and fees to supported coins and crypto trading features. In this guide, you’ll learn exactly what makes Coinbase stand out – and where it falls short. Key Takeaways: Coinbase is a U.S.-based crypto exchange offering 246+ cryptos, an easy-to-use platform, and support for various deposit methods like…

Helium Mobile, a decentralized mobile and wireless network, surged 142% on Dec. 2 amid increasing network activity and growth in its mobile subscriber base. Helium Mobile (MOBILE) rallied to a seven-month high of $0.00257 on Dec. 2 during early Asian trading hours before settling at $0.001916, still marking a 78.7% increase over the past 24 hours, according to data from CoinGecko. The altcoin’s market cap was seated at $199.2 million when writing, while its daily trading volume was up almost 10x, hovering over $193 million. Helium Mobile’s recent rally aligns with a sharp rise in Helium Data Credits (DC) usage.…

The price of GOUT has surged over 70% as Ethereum shows signs of reclaiming the $4,000 level. According to CoinGecko data, the price of GOUT has pumped from a 24-hour low of $0.0003233 to as high as $0.0005573 at press time. The meme coin has also seen its price go up by over 140% in the last seven days. GOUT 24H Price Chart From CoinGecko Apart from the general meme coin volatility, GOUT has released its independent research and development task platform, which could have bolstered the price. In addition, GOUT was selected as the first project by the BNB…