Author: Yeek.io

Hello, Devcon awaiters! We are thrilled to announce the venue where we’ll meet for Devcon 7 in Southeast Asia from November 12-15! This year we are transforming the QSNCC – Queen Sirikit National Convention Center into a lively world that showcases our community spirit, and all of the innovation being worked on in the Ethereum ecosystem. For easier bookmarking, find a maps link to the venue here! Venue spotlight: QSNCC & the Devcon experience Imagine stepping into the vast corridors of the QSNCC, a massive convention center with a very distinct charm. This November, we’ll transform these striking walls into…

Pudgy Penguins, one of the top NFT collections by market value, is reaching beyond its devoted fanbase with a new token called PENGU. It plans to launch the token on the Solana blockchain by the end of this year, possibly bridging the gap between seasoned crypto enthusiasts and the huge audiences who recognize these charming penguins from social media, merchandise, and viral clips. For over two years, Pudgy Penguins has appeared in households worldwide and inspired countless shares online. In fact, the project’s team says its characters have gathered over 50 billion views across different platforms. Now, with the introduction of PENGU,…

Aethir, Beam Foundation, and MetaStreet have partnered to launch Tactical Compute, a $40 million initiative designed to meet the growing demand for computing power in artificial intelligence and blockchain. The initiative leverages Aethir’s decentralized GPU network, Beam (BEAM) Investments, and MetaStreet’s DeFi infrastructure to create opportunities for monetizing compute resources. Tactical Compute will operate under Tactical Compute Holding Limited, focusing on compute-related opportunities such as hardware financing, private yield arbitrage, and network bootstrapping, as detailed in a Beam Medium post.   https://twitter.com/BeamFDN/status/1865041035102920779 These efforts center on meeting the increasing demand for computing resources while integrating crypto-based innovations. Tactical Compute plans to…

With today’s launch of Synthetix Multi-Collateral Perps V3 on Kwenta, we’re kicking off a promotional incentive program for traders and liquidity providers. Traders can now benefit from reduced taker fees for a two-week period, and liquidity providers will see increased APYs as the treasury allocates rewards from trading fees to a month-long promotion.In the previous versions of Synthetix, traders had to use stablecoins (sUSD or USDC) as collateral. Now, you can use a variety of assets to keep your exposure to your favorite cryptocurrency while trading. The new collateral options are:Wrapped Bitcoin (tBTC)Ethereum (ETH)Ethena (USDe)USDx (Synthetix-native Arbitrum stablecoin)Note: Users who deposit…

DOGE and SHIB’s social dominance declined last week.  Dogecoin might again begin a rally if it goes above a key resistance.  Memecoins at large have reached a milestone in terms of market capitalization, despite being criticized for having no utility. Coins, which are associated with hype and market trends, now boast a market cap of $140 billion. Therefore, AMBCrypto investigated to find out the performance of top memecoins to find what’s causing this surge.  A look at the memecoins  While talking about memes, it’s inevitable that Dogecoin [DOGE] and Shiba Inu [SHIB] don’t come up. The world’s largest memecoin, DOGE,…

Automation is now within everyone’s reach. From summarizing emails and generating insights to handling data and automating repetitive tasks, some tools let you run these processes directly on your PC without writing a single line of code. Leveraging local large language models (LLMs) alongside free, open-source, no-code tools, you can build powerful automation while keeping your data private and secure. This guide covers everything you need to know to get started. The Shift Toward Local Automation Over the past year, open-source AI models have greatly improved, allowing users to run capable models locally without relying on cloud-based solutions. Running tasks…

Blockchain tracker Lookonchain says one savvy crypto trader gained a 10,000,000% profit in less than two years on a Dogecoin (DOGE) and Shiba Inu (SHIB) rival. According to Lookonchain, one anonymous trader turned just $70.40 into $7.06 million in only 20 months by purchasing memecoin Pepe (PEPE) in the early days. “An early buyer who spent only 0.035 ETH ($70.40) to buy 2.61 trillion PEPE ($57.3 million currently) deposited the remaining 189.4 billion PEPE($4.15M) to Kraken [on Thursday]. Even though he sold most of his PEPE early on, he turned $70.40 into $7.06 million – a return of over 100,000x.”…

Este artículo también está disponible en español. The Bitcoin price recently achieved a monumental milestone, crossing the $100,000 threshold for the first time in its history. While the breakthrough is a significant achievement for the BTC price, it also raises the question of where it goes from here.  The consensus among many analysts is of a continued bullish price action for Bitcoin. However, a crypto analyst on TradingView has issued a stark warning, labeling this price point as a “dangerous zone.” According to their technical outlook, reaching $100,000 could cause a massive correction in the Bitcoin price up to the…

Este artículo también está disponible en español. Dogecoin (DOGE) has been stuck in a range for nearly a month, struggling to break above the $0.44 resistance level. Despite multiple attempts, the price has yet to reclaim the $0.48 local high set in November. This prolonged consolidation has kept traders and investors on edge as they await a decisive breakout to signal the next major move for the popular meme coin. Related Reading Top investor Carl Runefelt recently shared his technical analysis on X, highlighting that DOGE is still trading within a bullish pattern. He says this consolidation phase is part…

Weekly token unlocks see 90% resulting in price drops, Keyrock’s study reveals, showing that larger events cause more severe declines and team unlocks triggering crashes up to 25%. When token unlocks happen, most of the time, prices take a big hit. In fact, about 90% of unlock events result in price declines, data compiled by market maker Keyrock reveals. The analysis, which examined over 16,000 token unlocks, reveals that weekly unlocks result in $600 million worth of new tokens entering the market, a significant factor in price fluctuations. “Across the 16,000 unlock events we analyzed, a striking pattern emerged: unlocks…