Author: Yeek.io

The holidays are getting Based at Synthetix with the Decembrrrr Base LP Incentives—a four-week program designed to incentivize deep liquidity for the busy perps trading season. Liquidity providers can earn boosted yields with weekly rewards, while traders enjoy plenty of fresh powder to carve up the markets.Improving the LP ExperienceIn addition to the incentive program outlined below, we are introducing two key changes to improve the LP experience and increase the attractiveness of passive stablecoins entering the Synthetix ecosystem:More Fees: The revenue share from v3 trading is increasing to 60%, up from the current 40%. This represents a 50% increase,…

Cult, a new memecoin, surpassed its initial value of over $600 million within hours of its launch. The competition within the memecoin ecosystem has been further shaken up by MOG, which now holds the title of the largest cat-themed memecoin in terms of market capitalization, surpassing POPCAT.  Dexscreener reported that Cult, an Ethereum-based memecoin, made its debut on Dec. 5, with the coin reaching an initial fully diluted valuation peak of $845 million and then stabilizing at approximately $630 million. FDV represents the value of the total supply of a crypto project if all of its tokens were in circulation…

RARI Chain and Arbitrum are teaming up to launch DeFi Days — offering workshops, quests, and contests to help creators explore new crypto-earning opportunities. DeFi Days is an eight-week initiative designed to empower Web3 creators by offering new crypto-earning opportunities. This news comes from a press release shared with crypto.news. The campaign, which starts on Oct. 24, will help creators use decentralized finance tools and knowledge to thrive in the evolving Web3 space. The initiative includes a reward pool of approximately $80,000 to support creators through various activities, including Superboard quests, workshops, and contests, according to the release.  These efforts…

The firm behind USDT says that the growth of crypto’s largest stablecoin by market cap has been fueled by sharks and minnows rather than whales. In a newly released Tether Insights publication, USDT-issuer Tether highlights the “extraordinary” growth of USDT in crypto wallets. “The growth of USDT wallets has been extraordinary, increasing 71% in the past year and 129% the year before, driven primarily by wallets holding less than $1,000. This surge accelerated after the collapse of FTX when users chose to self-custody their USDT rather than keep it on centralized platforms. USDT’s momentum continued even after competitors like USDC…

MicroStrategy, a US-based business intelligence firm, has expanded its Bitcoin (BTC) holdings as part of its corporate treasury strategy. The company announced its latest purchase of 21,550 BTC, worth approximately $2.1 billion. MicroStrategy Unfazed by Bitcoin’s Historic Price Surge In an official announcement today, the publicly-traded company had acquired an additional 21,550 BTC. This purchase comes as Bitcoin crossed the $100,000 mark for the first time in its history, pushing the total cryptocurrency market cap to unprecedented levels. According to a filing with the US Securities and Exchange Commission (SEC), the acquisition was funded through proceeds from issuing and selling…

How the Scam WorksScammers create fake company websites and social media accounts using artificial intelligence. These accounts appear legitimate and are used to contact targets, often pretending to be colleagues or potential business partners.The attackers then ask victims to download a meeting app. The malicious software contains a Realst info stealer, designed to harvest:Crypto wallet details (e.g., Ledger, Trezor, Binance Wallets).Banking card information.Telegram logins.Tactics Used by ScammersAI-Generated Websites:Fake blogs and product content make websites look legitimate.Linked social media accounts on platforms like X (formerly Twitter) and Medium add credibility.Spoofing and Social Engineering:Impersonation of trusted contacts to discuss fake opportunities.Sharing genuine-looking…

Community & educationAAvolution: Account Abstraction VillageAccount abstraction event held in Paris, covering topics such as the history of account abstraction, key catalysts to mass adoption, and the future of account abstraction wallets.Community & educationBundleBear0xKofiDatabase and dashboard providing transparent and verifiable insights into ERC-4337 users, operators, and activity.Community & educationCampus Developer WorkshopsETHAccraDeveloper workshops taught in universities across Ghana, covering blockchain and Ethereum basics, smart contract development, and web3 front-end and back-end development.Community & educationDevconnect İzmir Side EventBlockchain DEUMeetup held in İzmir, Türkiye to introduce attendees to Ethereum and the importance of layer 2 (L2) solutions.Community & educationDeveloper Onboarding Experience in Farsi…

Non-Fungible Token (NFT) has in recent years been a revolutionary force in the digital world. Not only have these assets revolutionized the art industry, but they’ve also created new avenues for play in the context of gaming, virtual real estate, and beyond. With the ongoing evolution of the NFT market, knowing all the top NFTs to buy can be an important leg up for collectors. For 2024, this guide will show some of the best NFTs to buy – ones that have growth potential, are unique and have a significant cultural impact. 1. Bored Ape Yacht Club (BAYC) Bored Ape…

TON Accelerator and crypto exchange Bybit have partnered to launch the Cross-Chain Synergy Cohort. This program aims to help developers create projects compatible with multiple blockchain networks. It seeks to connect the TON (TON) ecosystem, associated with the Telegram Open Network, to the Ethereum Virtual Machine ecosystem, according to a press release seen by crypto.news. The program provides developers with marketing support, mentorship, and access to Bybit’s Web3 wallet. This wallet integration enables cross-chain interactions, which are essential for connecting blockchains like TON and Ethereum (ETH). Cross-chain technology allows assets and data to move seamlessly between different blockchain networks, addressing…

Eric Trump, son of President-elect Donald Trump, has called for “sensible regulation” to position the United States as a global leader in the crypto industry. Speaking to CNBC in Abu Dhabi, Trump emphasized he importance of clear guidelines to encourage innovation and provide a stable environment for the expanding crypto sector. He stated that the crypto industry is not opposed to regulation but seeks “rules they can follow, regulation that’s crystal clear, black and white.” Trump criticized the previous regulatory approach, particularly under former SEC Gary Gensler, whose tenure he described as a “disaster for crypto” due to inconsistent policies…