Author: Yeek.io

Building on the excitement from the announcement, Bancor’s Project Lead, Dr. Mark Richardson, was a featured guest on COTI Connect X Spaces the following day. During the call, he discussed Bancor’s legacy in DeFi and shared valuable insights into the collaboration with COTI. Here are a few key highlights from the conversation:• The Start of the CollaborationInsights into how the collaboration with COTI V2 materialized and why he personally finds COTI’s technology, Garbled Circuits, to be “a breath of fresh air.”• Bancor’s LegacyA brief overview of Bancor’s contributions to DeFi, including the invention of the Automatic Market Maker (AMM) in…

Popcat price has declined by over 40% from its highest level this year as signs of increased selling pressure emerge. Popcat (POPCAT), the third-largest meme coin on the Solana (SOL) network, retreated to $1.0342, its lowest level since Oct. 24.  Data from Nansen shows that the volume of Popcat coins on exchanges has increased by 7.7% over the last seven days, rising to over 223.94 million. This increase brings the total supply on exchanges to about 22.8%. Most of these coins are held on exchanges like Bybit, Kraken, Gate, and Raydium.  An increase in the number of coins on exchanges…

We are excited to announce our partnership with Mira Network, an industry innovator in trustless AI output verification. While Mira has the expertise to build bias-free, next-level AI verification systems, Spheron’s decentralized compute network is here to provide the robust infrastructure they need, leveraging our global network of GPU providers and community compute resources. The Challenge: Overcoming AI’s Accuracy Bottleneck Despite AI’s immense potential, high error rates often hold back its adoption. Currently, large language models face significant challenges in producing consistently accurate and unbiased outputs. For complex reasoning tasks, first-pass error rates can reach as high as 30%. This…

contributor Posted: December 12, 2024 Helium surged by about 10% in the last 24 as its trading volume spiked. The token’s rising Open Interest and liquidation levels underscored optimism but warned of potential volatility near key resistance levels. Helium’s [HNT] has been in the market spotlight with a 10% price surge in the last 24 hours. As of writing, the bullish momentum was accompanied by a 12% surge in trading volume, indicating a jump in investor interest.  Source: TradingView As the price of Helium approaches the critical resistance at $9.5, market participants are wondering whether the rally will maintain its strength…

For years, Bitcoin skeptics have watched from the sidelines, waiting for a moment to join the ride, only to convince themselves that they’ve already missed the boat. However, the reality tells a different story. Not only is it not too late, but Bitcoin continues to prove itself as a superior investment option compared to traditional assets—whether you have $25 a week to spare or millions to allocate.Bitcoin Magazine Pro has a free portfolio analysis tool, Dollar Cost Average (DCA) Strategies, which enables investors to measure Bitcoin’s performance against other leading assets like gold, the Dow Jones (DJI), and Apple (AAPL)…

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…

Spot Bitcoin exchange-traded funds in the United States recorded their tenth consecutive day of inflows on Dec. 11, with $223.03 million entering the funds as Bitcoin climbed back above the $100,000 mark. According to data from SoSoValue, the majority of inflows on Dec. 11 went into Fidelity’s FBTC, which saw $121.9 million in new investments, extending its inflow streak to ten days. ARK and 21Shares’ ARKB fund and Grayscale’s GBTC also contributed significantly, with inflows of $52.67 million and $20.13 million, respectively. Additionally, Grayscale Bitcoin Mini Trust, Biwise’s BITB, and VanEck’s HODL funds received more modest inflows of $15.74 million,…

Adidas has finally revealed its avatar-focused NFT collection, “ALTS by Adidas,” featuring 20,066 unique digital avatars.The collection arrives nearly three years after the company’s initial NFT debut with “Into the Metaverse” and represents a new phase in Adidas’ exploration of blockchain technology and web3 engagement.Whilst the release has generated significant buzz, community reactions have been divided, with some drawing comparisons to RTFKT’s Clone X collection and others debating the artistic merits of the project. Source: ALTS by AdidasWhat is ALTS by Adidas?“ALTS by Adidas” is a digital avatar collection designed to provide holders with virtual representations that align with their…

Homepage > News > Business > RBI grants credit lines through UPI to small finance banks The Reserve Bank of India (RBI) has permitted small finance banks (SFBs) to extend pre-sanctioned credit lines through the Unified Payments Interface (UPI) in an attempt to expand the reach of credit on UPI. Introduced in 2016, UPI offers instant money transfers and is a single mobile application for accessing different bank accounts. In September 2023, the scope of UPI was expanded by enabling pre-sanctioned credit lines to be linked through UPI and used as a funding account by scheduled commercial banks, but that excluded payment banks, small finance banks,…

Balancer, a decentralized exchange and automated portfolio management protocol, has announced that its v3 upgrade is now live. The Balancer (BAL) team said v3 is an upgrade designed to drive the next growth chapter of its decentralized finance ecosystem, with key focus being liquidity optimization and to incentivize developers. Balancer v3 introduces 100% boosted pools and includes a major partnership with DeFi behemoth Aave (AAVE). 100% Boosted Pools Balancer v3’s 100% Boosted Pools provides for a passive liquidity solution where underlying capital goes to external yield markets. However, it maintains liquidity for swaps. This means liquidity providers will, with just…