Author: Yeek.io

Homepage > News > Business > Binance/Circle USDC tie up targets Tether’s stablecoin dominance Binance and Circle have teamed up to boost the adoption of the USDC stablecoin, a move that calls into question the long-term future of Tether’s dominant USDT. On December 10, the Binance digital asset exchange and USDC-issuer Circle announced a “strategic partnership to accelerate global USDC and crypto adoption.” Binance will “integrate USDC across its products and services, making it more accessible to its 240 million users for trading, saving, and payments, while also adopting USDC for its corporate treasury operations.” Circle’s role will be to “provide Binance with technology,…

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.Biggest Hardfork in DeFiChain’s History is less than 5 days away!📅Block Height: 4,463,000⏳ Estimated Time: 29.10.2024, 15:00 CEST⏲️ Countdown: DeFiScan Get ready for new features and upgrades!DeFiChain Hardfork OverviewThe next DeFiChain Hardfork is coming up on Oct 29th, activating at block height 4,463,000. Here’s what to expect to avoid any misunderstandings in the community:DeFiChain Hardfork OverviewThe next DeFiChain Hardfork is coming up on Oct 29th, activating at block height 4,463,000. Here’s what…

PEPE’s MVRV ratio has declined from 1.96 to 1.74 despite the price gaining by nearly 10% in 24 hours. An ascending triangle pattern suggested that PEPE was poised for more gains. Pepe [PEPE] staged a bold recovery at press time after a nearly 10% gain to trade at $0.0000249. These gains mirrored the performance of most memecoins after their total market capitalization rose above $138M after an 8% gain in 24 hours.  PEPE has been among the top performers in the crypto market this month after creating a new all-time high of $0.000028 on the 9th of December. While it…

Turbo forms a bullish cup and handle pattern, aiming for $0.016 if $0.0135 breaks. Rising open interest and strong on-chain activity indicate bullish momentum despite volatility risks. Turbo [TURBO] has experienced a remarkable surge, climbing 18% in the last 24 hours, capturing significant attention from traders. At press time, Turbo was trading at $0.01302. Therefore, the key question remains: will Turbo break through the critical resistance at $0.0135 and soar to $0.016, or will it retrace to test support at $0.0095? With the current momentum and growing speculation, the next move could be decisive. Is turbo gearing up for a…

Floki price rose for the second consecutive day as cryptocurrencies rebounded and traders anticipated the upcoming Wise Monkey airdrop. Floki (FLOKI), one of the leading meme coins in crypto, traded at $0.000248, up about 22% from this week’s lowest level.  This recovery came after developers shared additional details about the Wise Monkey airdrop. FLOKI holders are set to receive approximately 27% of all MONKY tokens by Dec. 20. An additional 4% of MONKY tokens will be airdropped to TokenFi holders, while another 4% will reward users of the Floki Bot traders. IMPORTANT UPDATE ABOUT THE WISE MONKEY / $MONKY TOKENAs previously…

The climb followed a shaky start, where Bitcoin initially faltered after the daily close. However, renewed buying activity helped the cryptocurrency reclaim six figures. Traders brushed off concerns from earlier setbacks, such as Microsoft’s rejection of Bitcoin in its treasury strategy.Popular trader Skew noted strong liquidity dynamics on Binance, observing a “passive buyer” driving demand. Skew also highlighted $97,000 as the recent equilibrium point for BTC/USDT on the exchange.Fellow traders remained optimistic of further upside. Roman, a trader on X, pointed to a “reset” relative strength index (RSI) on daily charts to predict a clean move toward $112,000. Another trader,…

tl;dr EELS is an execution layer reference implementation in Python.It’s up to date with mainnet.It fills tests, and passes existing ones.There’s an example of an EIP implemented in EELS below. Introduction After more than a year in development, we’re pleased to publicly introduce the Ethereum Execution Layer Specification (affectionately known as EELS.) EELS is a Python reference implementation of the core components of an Ethereum execution client focused on readability and clarity. Intended as a spiritual successor to the Yellow Paper that’s more programmer friendly and up-to-date with post-merge forks, EELS can fill and execute state tests, follow mainnet1, and…

Quick take: The fund is also looking at opportunities in virtual reality and augmented reality in gaming. Beam Ventures also plans to launch an accelerator program as part of the fund but is not disclosing its limited partners yet. Teams can choose to participate via a combination of in-person and remote options. Beam Ventures, the venture arm of Beam Foundation and the community-driven chain focused on gaming, Beam has announced a $150 million fund targeting the intersection of gaming, AI and blockchain technology. The company has teamed up with Abu Dhabi to create an environment that nurtures talent and elevates…

As Japan signals its plans to become a leader in institutional blockchain adoption, Fireblocks opens a regional office in Tokyo to support the country’s expanding ecosystem. Crypto custody and blockchain infrastructure provider Fireblocks has opened a new office in Tokyo as part of its strategy to expand in the Asia-Pacific region, the firm said in a blog post. The move comes as Japan is seeing rapid growth in its crypto market, with projections indicating a 54% increase from 2024 to 2032, Fireblocks explained. Fireblocks’ head of APAC, Amy Zhang, says the Tokyo office will help Fireblocks to hire more staff…

Over the past 3.5 years of running a startup that’s raised millions of dollars in funding, we’ve iterated a lot on how we operate as a fully remote crypto startup (across 6+ timezones). Whenever I showcase to my friends our internal processes and tools, they eventually ask me to write an article to summarise everything. This article is a result of countless requests from founder/operator friends.As a baseline, there’s a few key principles we operate by when thinking about our internal operations:1. Extreme transparency. Unless there is a clear reason something should be private, most things should be public. Including…