Author: Yeek.io

Users, Creators, Integrators, and Referrers can now earn ownership of their favorite protocols by completing Quests and collecting CUBEs. With new onchain credentials, your achievements are preserved while unlocking Tokens, Dynamic Rewards, & Platform Boosts. CUBEs for Tokens, XP, and Boosts Token rewards can now be claimed by collecting CUBEs. With rich credentials representing onchain impact, protocols can now identify and incentivize quality users. Our V2 upgrade delivers the best platform for token distribution — and a vital utility for the cryptoeconomy. Teams can now go beyond superficial metrics like MAUs or raw transaction counts to incentivize quality active users. Collect CUBEs…

Journalist Posted: December 11, 2024 Jasmycoin saw a vast surge in whale activity as prices formed a local high at $0.059. While profit-taking was seen, the long-term uptrend might not be ending right away. Jasmycoin [JASMY] was one of the coins that saw a notable spike in whale transactions over the past week. In a Santiment Insights post, user Brianq noted that JASMY was among the projects with more than $500 million market cap. Surging whale activity and the implications Source: Santiment Jasmycoin had a 616% increase in whale transactions, classified as $1 million or more. Such a dramatic spike…

The Dogecoin price has witnessed a notable decline amidst this wider bloodbath, as it is currently down by 8% in 24 hours. Nonetheless, Dogecoin continues to attract bullish sentiment despite the market crash. Cryptocurrency prices have declined massively in the past 24 hours, with the global crypto market cap declining by a little over 4% in the past day. Notably, this decline has seen over $1.75 billion worth of crypto positions liquidated in the past 24 hours, according to CoinGlass data, with $1.56 billion of these coming in long positions.  Analyst Says Dogecoin Price Target Still Remains $3 Despite the…

The FIT, which would be imposed at a rate of 20–25% on yearly profits exceeding 50 million won ($35,000) from stocks and other assets, is one of the main repeals. Marketers anticipate that this step will lessen the financial strain on investors and restore market confidence.Democratic Party leader Lee Jae-myung hailed the FIT abolition as a gift. He believes it can revitalize domestic markets. However, several lawmakers criticized the move, citing its long-term adverse effects. A majority voted down a proposal to cut inheritance tax rates and increase minimum thresholds. This reflects political disagreements over wealth redistribution policies.The delay in…

Ethereum (ETH) continues to experience pullback in its price as it recently tested the $4,000 resistance level, a key psychological price mark for the cryptocurrency. Amid this correction, bearish tendencies among investors on Binance have surfaced. A recent analysis by CryptoQuant analyst Darkfost highlights a significant trend where Binance’s taker buy-sell ratio for Ethereum turned “sharply negative” at the $4,000 mark. This suggests that traders on the exchange have predominantly adopted a selling stance. Ethereum Tug of War According to Darkfost, the bearish sentiment on Binance has persisted since the start of November, coinciding with Ethereum’s approach to this critical…

Multiplayer battle arena game Moonray, which combines immersive gameplay and intense combat experiences with powerful web3 elements such as asset ownership and peer-to-peer trading, is creating a playbook for the broad adoption of blockchain gaming. Moonray’s creators seek to draw gamers in with exciting gameplay—and then introduce cutting-edge blockchain-enabled features to provide an enhanced game experience not possible in traditional games. Gameplay and crypto features are not ‘mutually exclusive’ Many blockchain games have struggled to gain traction due to high-barrier user experiences such as downloading web3 wallets, taking custody of digital assets, or lagging times that hamper gameplay. Popular games…

Homepage > News > Business > BTC’s price surge offers miners relief…but for how long? Block reward miners are experiencing a rare period of near-profitability as BTC tops the $100,000 mark, but rising network difficulty and cutthroat competition mean they’re only one plunge away from negative returns. Publicly traded BTC miners have released their November production updates, but first let’s talk about the trend that all the cool mining kids are into these days. That is, buying BTC with borrowed cash rather than going through the hassle of actually mining new BTC tokens. On December 9, Riot Platforms (NASDAQ: RIOT) announced plans to raise $500 million…

After a long hiatus, the Community X Space reconvened, offering insights, updates, and a platform for open dialogue among community leaders and users.This session highlighted the upcoming hard fork, the intricacies of the dToken restart, and a look at the ecosystem projects.A Major Hard Fork and What’s at StakeThe long-awaited hard fork, scheduled for tomorrow, will take place at block 4,463,000—around 4:30 pm CET. This isn’t just another update; it’s a structural shift aimed at stabilizing block times and setting the stage for DeFiChain’s ambitious dToken restart.The hard fork is significant, not only for its technical improvements but also for introducing a…

Shiba Inu milestone marked as Shibarium surpasses 600M transactions and 2M addresses. Shibarium’s TVL hits $6M, marking another milestone. Shibarium, Shiba Inu’s Layer-2 solution, has hit milestones in transactions and addresses. Shibarium’s TVL recently reached an all-time high, reflecting its expanding utility. As Shibarium thrives, its impact on SHIB’s price and market momentum remains a focal point for investors. Shiba Inu milestone in L2 The Shiba Inu’s L2, Shibarium, has recently crossed a major transaction milestone. In the past week, the number of transactions crossed the 500 million mark. As of this writing, the transactions have crossed another milestone, going…

A recent survey highlights the frustration among university scientists over limited access to computing power for artificial intelligence (AI) research. The findings, shared on the arXiv on October 30, reveal that academics often lack the advanced computing systems required to work on large language models (LLMs) and other AI projects effectively. One of the primary challenges for academic researchers is the shortage of powerful graphics processing units (GPUs)—essential tools for training AI models. These GPUs, which can cost thousands of dollars, are more accessible to researchers in large technology companies due to their larger budgets. The Growing Divide Between Academia…