Author: Yeek.io

BONK, a meme coin based on the Shiba Inu has seized the Solana blockchain by the collar with a mix of community-powered energy and practical underpinnings. BONK, which is often referred to as the “Solana Dogecoin,” has been a driving force in the resurgent interest in the Solana ecosystem and an exemplar of the promise of meme coins in the blockchain. The BONK Phenomenon Solana is looking to elevate the community through empowerment — as a token for everyone, to combat the strength of venture capital-backed projects. Users got a taste of it thanks to airdrops, which were predominantly given…

The Sui Network is suspected to be down for more than two hours. The protocol has not produced any new transaction blocks since Nov. 21 UTC 9:15. Data from the Sui Vision explorer shows that the protocol has not produced any new transactions since 9:15 am UTC | Source: Sui Vision Based on the latest data from Sui Network’s explorer site Sui Vision, the decentralized layer-1 blockchain has stopped producing blocks for more than two hours. At the time of writing, the last transaction block took place on Nov. 21 at 9:15 am UTC. Since then, no new blocks have…

Last updated on November 13th, 2024 at 01:35 pm The fast rise of Web3 and decentralized technologies allowed for truly disruptive possibilities across finance to content creation. Web3 presented unparalleled opportunities and challenges; at the same time, it provided the possibility to change it all. On a mission to guide such groundbreaking startups in fundraising, scaling operations, and overcoming the complexities of such a decentralized ecosystem is Hesham Zreik, CEO of FasterCapital. In this interview, Zreik provides an overview of what he believes Web3 founders ought to focus on and offers some practical advice for their success. Q: Web3 funding…

Meteora has introduced M3M3 — pronounced “meme” — a new project looking to change the way meme coins operate by presenting staking incentives for investors. However, some analysts are concerned about its operating mechanism. The platform facilitated the launch of the M3M3 token to serve as a test run for this concept, with the token quickly gaining traction among the crypto community. Understanding the M3M3 platform   M3M3 is Meteora’s attempt to address the challenges in the meme coin market, where the majority of tokens fail to sustain long-term value.  Data confirms the grim state of meme coins, as out of…

Phantom has confirmed that it has not been affected by a vulnerability discovered in the Solana library, i.e. Solana/web3.js. Phantom, a wallet provider running on the Solana (SOL) blockchain, confirmed it is safe after a recent vulnerability was discovered in the Solana/Web3.js library. According to a statement posted on X, the Phantom security team verified that the compromised versions of the library- 1.95.6 and 1.95.7 – will never be utilized in their infrastructure, assuring their users that their platform is secured.  anyone using @solana/web3.js, versions 1.95.6 and 1.95.7 are compromised with a secret stealer leaking private keys. if you or…

ENS saw strong capital inflows. The momentum and short-term sentiment were weakening, and the price could see a pullback. Ethereum Name Service [ENS] has rallied hard in the past ten days, gaining 110% and breaking past the local highs at $34.6. This level was flipped to support last week, and ENS bulls now sought to turn the $40 level into a demand zone. ENS retests $38.7 as support and bounces higher Source: ENS/USDT on TradingView On the daily chart, the $38.4 and $49.8 were marked in orange. These were the levels that the Ethereum Name Service price oscillated between November…

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…

David Sacks Donald Trump In a groundbreaking move, President-elect Donald Trump has named David Sacks, a renowned entrepreneur and former PayPal COO, as the United States’ first AI and Crypto Czar. Announced on Dec. 6 via Trump’s social media platform Truth Social, the appointment reflects the administration’s commitment to solidify America’s leadership in the rapidly evolving fields of artificial intelligence (AI) and cryptocurrency. The Strategic Role of David Sacks David Sacks, best known for co-founding the enterprise network Yammer (acquired by Microsoft for $1.2 billion) and co-hosting the widely followed All In podcast, will spearhead efforts to create a comprehensive…

TL;DR: The EPF concluded the fourth cohort and is preparing for a fifth cohort. Applications will be open soon. In the meantime, explore the new EPF.wiki and sign up to get notified when they open. The Ethereum Protocol Fellowship recently completed its fourth successful cohort, culminating with EPF Day at Devconnect in Istanbul. Its completion marked 4 months of immersive learning, research and contribution to the Ethereum core ecosystem from a group of talented and dedicated fellows. To learn more about EPF, take a look at some of the past posts and repos. EPF4 Stats Applications for the fourth cohort…

STEPN GO and Adidas have launched their first-ever co-branded physical shoes. This marks a big moment in the evolution of the STEPN GO and Adidas relatioadnship. By combining digital innovation with physical craftsmanship this is a big step forward in bridging fitness tech and lifestyle fashion. What are Adidas Genesis Sneakers? Adidas Genesis Sneakers are more than just shoes; they represent the fusion of two worlds: the innovative Web3 platform of STEPN GO and the high-performance design of Adidas. These limited edition running shoes mark Adidas’s first co-branded physical product created in partnership with a Web3 entity. For fitness enthusiasts…