Author: Yeek.io

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.DeFiChain Labs November Tech SyncLast week, the DeFiChain Labs engineering team held their monthly Tech Sync, providing updates on the current projects and initiatives the team is tackling.We’ve summarized the key updates here.A Closer Look at the December DFIP & CFP Voting RoundCheck out our blog for details on the 6 DeFiChain Improvement Proposals (DFIPs) and 5 Community Fund Proposals (CFPs) up for vote. Don’t miss your chance to have a say…

Pump.fun users in the United Kingdom have been barred from accessing its Solana meme coin launchpad. Following a warning from the U.K. Financial Conduct Authority, Pump.fun updates its terms of service to exclude British users, as seen via a website popup. An FCA notice dated Dec. 3 previously stated that Pump.fun “may be providing or promoting financial services or products” without permission from authorities. Under U.K. regulations, all crypto businesses and digital asset service providers must secure FCA approval before operating in the region. Since 2020, 347 web3 startups have applied for registration with the FCA, but only 47 firms…

Google Cloud has joined forces with ZetaChain to support its Universal Blockchain. The collaboration, announced in a ZetaChain post, aims to drive broader adoption of Web3 technology and facilitate the development of apps that can operate across multiple blockchains. Google Cloud will become a validator for ZetaChain (ZETA), helping to secure and scale the blockchain ecosystem. ZetaChain’s Universal Blockchain allows developers to create “Universal Apps” — decentralized applications that can function on any blockchain network, such as Bitcoin (BTC) or Ethereum (ETH).  This approach differs from most blockchains, which are often isolated and unable to share data or assets with…

An Ethereum (ETH)-based meme coin is skyrocketing after being launched on the top US-based crypto exchange by trading volume platform Coinbase. In a new thread on the social media platform X, Coinbase Assets says it’s adding support for the meme asset Mog Coin (MOG), a cat-themed token that launched in July 2023. “MOG Coin is now live on http://coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the listing sent MOG flying as the meme asset went from low of $0.000002375 on December…

Wow, we finally hit $100,000 bitcoin. What a time to be alive! A cypherpunk experiment started as magic internet money is now the 7th largest asset globally, surpassing a $2 trillion market cap. But make no mistake — we’re just getting started. 2025 will be the year of Bitcoin. $100K feels like the mere beginning.This is my 3rd Bitcoin bull market after entering in 2016. From experience, the party is still early. Here’s why I think $100K Bitcoin is just the tip of the iceberg:Trump hasn’t taken office yet. The next couple years, especially his first year, will likely bring…

Este artículo también está disponible en español. The Cardano native token is one of the top-performing digital assets this week and currently trades at $1.13 and $1.23. While its price action pales in comparison to the industry leaders this week, led by Bitcoin and XRP, ADA’s performance relative to other altcoins has still become a source of optimism for many. Related Reading One market analyst even sees Cardano’s ADA eventually overtaking Dogecoin in the list of top cryptos by market cap. A recent comparative analysis of Cardano and Dogecoin reflects the former’s dominance over the top meme coin. ADA has…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Quick take: About 25.9% of the token supply will be allocated to the Pudgy Penguins community, while other communities will receive 24.12%. Approximately 17.8% will be held by the team and will have a 1-year lock-up period plus 3-year linear vesting. The project partners will receive 11.48% under the same conditions set for the team, while 12.35 will be reserved for liquidity support accounts. Pudgy Penguins has unveiled plans to launch the PENGU token by the end of the year. The Web3 company said the token will have a total supply of 88,888,888,888 and will be distributed across the company’s…

Aptos, the blockchain network backed by a16z, has seen its first pump.fun clone emerge, as meme coin mania continues to thrive. Emojicoin, a new platform built on a Move-based blockchain, has gone live on the Aptos (APT) blockchain, offering users the ability to launch, trade, and swap emoji-tickered tokens. In a Nov. 20 blog post, Econia Labs, the firm behind the platform, said the solution allows users to launch and trade digital assets with emoji symbols, adding an “extra layer of accessibility and creativity to the memecoin space.” Econia Labs chief executive Alex Kahn says the idea behind emojicoin.fun was…

A smart contract originally conceived by Uniswap, Permit2 manages the approval of token transfers via gasless signatures. If you are curious about what this is and what this means for the security of your assets. This article will explore the benefits of Permit2 and how it impacts token approvals within the DeFi space, especially on platforms like Uniswap. What Is Permit2? Permit2 is a smart contract created for simplifying ERC-20 token approvals. Normally, people must carry out numerous approval transactions for every DeFi interaction. This process can be troublesome and expensive (depending on gas fees. The problem above finds its…