Author: Yeek.io

Australia’s blockchain industry dropped 14% this year, but changes in ETF regulations and lower interest rates could still help spark a recovery, analysts say. The Australian fintech landscape has seen a drastic decline as the number of active blockchain firms in 2024 shrinks by over 10% compared to 2023. According to KPMG’s “Australian Fintech Landscape 2024” report, the blockchain sector was among the hardest hit, falling 14% year-on-year. The number of firms in the sector now stands at 74, down from 85 last year. Nonetheless, the country’s blockchain and crypto sector remains home to big players, including Independent Reserve, SwyftX…

I want to start off with this: I didn’t think I’d ever write this article. Last cycle (2021), I was not involved in NFTs, didn’t buy anything that didn’t offer “utility” and loved my DeFi coins.This cycle, my view has changed significantly. So what happened?Broken promises and seeing through 8 years of crypto bullshit.I’m part of the 2017 class of crypto which in my view, was still one of the most exciting cycles in crypto (2020 takes a close second). Why? Because for the first time in history, you could raise capital from anyone, anywhere in the world in less…

Shiba Inu’s price action Over the past month, SHIB experienced a notable price rally, climbing over 40% to hit $0.00003224 before facing resistance near $0.00003300. The surge, which began in early November, coincided with increased market enthusiasm around Shibarium’s development updates and general memecoin momentum. Source: TradingView However, recent trading sessions have shown a consolidation phase as the RSI trends below overbought territory, clearly indicating a cooling demand. Meanwhile, the OBV has sustained higher levels, further reflecting consistent accumulation by investors. As a result, with SHIB now trading within a tight range, a breakout above key resistance could signal another…

Artificial Intelligence (AI) and blockchain technology are two transformative innovations reshaping industries and inspiring a new era of technological growth. AI has revolutionized Web2 with unprecedented levels of investment, including high-profile funding rounds for companies like Inflection AI and Anthropic, backed by major tech firms like Microsoft, Nvidia, and Amazon. Despite this momentum, the role of Web3 technologies like blockchain in AI development remains uncertain. However, a promising narrative is emerging: while AI redefines productivity, Web3 has the potential to revolutionize digital interactions. This integration poses unique challenges, particularly in infrastructure, as the demand for computing power grows. In this…

In the ever-evolving blockchain world, a news platform named Lightchain AI has emerged, revolutionizing blockchain technology with decentralization and intelligence. Its ongoing presale is offering discounted tokens. This next-generation platform is positioning itself as a trailblazer in merging artificial intelligence (AI) and blockchain technology. Lightchain AI’s competitor, Solana, has long been recognized for its speed and scalability, but now Lightchain AI is all set to take the lead. Going ahead from Solana, Lightchain AI is introducing a revolutionary vision. In this vision, AI becomes an integral part of blockchain ecosystems. Lightchain AI, A Visionary Approach to Blockchain and AI Unlike…

Luigi Inu, a memecoin inspired by Luigi Mangione, has hit a new all-time high by market capitalization, reaching $45 million. This market movement is in conjunction with the Pennsylvania police taking Mangione in custody for the murder. The Luigi Inu (LUIGI) token first started gaining traction following Mangione’s arrest in Altoona, Pennsylvania and charged on Dec 9. The token’s market cap reached $29 million before it rocketed higher to $45 million after the arrest was confirmed. Originally launched by anonymous crypto traders, the token is trending on Raydium, the automated market maker built on Solana.  Price chart of LUIGI/SOL showing recent…

Este artículo también está disponible en español. MicroStrategy, the business intelligence firm helmed by co-founder and Chairman Michael Saylor, has made headlines yet again with the announcement of a $2.1 billion Bitcoin (BTC) acquisition. Interestingly, this is the fifth consecutive Monday that the Tysons Corner, Virginia-based corporation has announced major acquisitions of the market’s leading crypto, demonstrating confidence in BTC’s prospects and price appreciation. Microstrategy’s Bitcoin Stash Surpasses Nvidia According to a filing with the US Securities and Exchange Commission (SEC), MicroStrategy purchased 21,550 Bitcoin tokens between December 2 and December 8 for an average price of $98,783 per token.…

The Run A Node Grants Round wanted to reach different users exploring blockchain, learning, community efforts, and research purposes. The aim of this round was to encourage the exploration of a diverse range of ideas for operating nodes beyond running a validator, such as facilitating data queries for research, examining node performance under severe conditions, or enhancing node UX. Applicants had the option to select a Dappnode or provide specs to receive a stipend for a custom build.We received a total of 243 applications. Out of all the applications we evaluated, we selected 35 recipients from 23 different countries to…

Eve Online developer CCP Games is set to launch early access to its latest blockchain-based survival game Eve Frontier.Founder Access packs will grant early participants exclusive benefits and access to the Closed Alpha phase starting December 10.The Closed Alpha includes an “always-on server” where players can explore the game’s mechanics and contribute feedback, whilst Founder Access perks include cosmetic items, premium post-launch gameplay, and community roles. Source: Eve FrontierWhat is Eve Frontier?Eve Frontier is a space survival game built on Ethereum’s layer-2 Redstone network.The game will feature the $EVE utility token as a core element for in-game activities. This integration…

Homepage > News > Finance > CFTC records $17B monetary relief in 2024, thanks to digital assets The United States Commodity Futures Trading Commission (CFTC) has announced a record-breaking $17.1 billion in monetary relief for fiscal year 2024, largely down to enforcement actions involving digital assets.  “The resolution of digital asset cases that resulted in the agency’s largest recovery ever, this record amount included $2.6 billion in civil monetary penalties and $14.5 billion in disgorgement and restitution,” said the CFTC. In FY 2024, the agency brought 58 new actions, including precedent-setting digital asset commodities cases, but one, in particular, was the primary…