Author: Yeek.io

Nike has announced plans to wind down operations of RTFKT, its blockchain-focused sneaker brand, by January 2025. This decision, shared via RTFKT’s official account on X, marks the end of the brand’s web3 initiatives.In their statement, RTFKT thanked their community of creators and collectors, revealing plans to launch a new website documenting the brand’s journey and host one final product release, the MNLTH X drop, scheduled for December.The announcement has sparked uncertainty about the future of RTFKT’s flagship NFT projects, including the highly regarded CloneX collection, a collaboration with Japanese artist Takashi Murakami. Source: RTFKTWhy is Nike shutting down RTFKT?The…

Canadian fintech company Nuvei has unveiled a new blockchain solution targeting merchants across Latin America. In an announcement on Dec. 4, Nuvei revealed it would be partnering with several companies to bring this solution to the region. The partners include Rain, a Coinbase Ventures and Circle Ventures-backed vertically integrated issuing partner, BitGo, a crypto custody and wallet provider, and global payments giant Visa. Nuvei leverages the various solutions available via these platforms to make it easy for businesses to use stablecoins as a payment option. The supported stablecoins include USDC (USDC). Via its collaboration, the Canada-based firm allows merchants across…

Last updated on November 13th, 2024 at 01:15 pm DeFi is revolutionizing financial systems all over the world by giving mainstream financial services an alternative that is more transparent, accessible, and open source in nature. Most of the underlying infrastructures of DeFi are blockchain-based; hence, users can access financial services such as lending, borrowing, and trading without intermediaries. Although DeFi is still relatively new, it is changing fast with innovations that are presently rewriting how people think about finance. Below, we go through some key trends and developments that are set to shape DeFi’s future in this regard-as a way…

Will Shiba Inu coin reach $1? It seemed highly unlikely, given its total market supply.  But +200% gains could be likely if it breaks from the 4-year range.  There has been a lot of buzz about whether Shiba Inu’s [SHIB] value could increase to a dollar. Ripple [XRP] crossed the $1 mark, and analysts are confident Dogecoin [DOGE] will hit the milestone.  But can SHIB follow them? It is highly unlikely, given its market supply relative to global wealth. SHIB’s total supply is $590 trillion; a $1 value would translate to $590 trillion. As of 2024, global wealth was valued at $454 trillion.…

There’s a buzz around Web3 in Vietnam for several reasons. These include its tech-savvy population, a thriving tech sector, government initiatives, and a widespread interest in blockchain and cryptocurrencies. As Web3 marks a new era for the internet, Vietnam stands at the forefront of this transformative wave – let’s explore why and how this makes it an ideal venue for any gathering aiming to push the world of Web3 forward. Young and tech-savvy population Vietnam boasts one of the most significant populations in Southeast Asia, trailing only Indonesia and the Philippines, with a populace nearing 100 million. Many in the…

Technical analysis revealed that the token broke out of a bullish pattern, signaling potential upward movement Steady hike in addresses holding CHZ underlined growing investor participation Chiliz [CHZ] has delivered strong market performance to its holders lately. In fact, at the time of writing, the token had recorded gains of over 12.34% in the the last 24 hours alone. These gains only contributed to the altcoin’s cumulative monthly gains of 145.3%. The scale of these gains highlighted rising market confidence and stronger participation from bullish traders. AMBCrypto’s analysis revealed that CHZ could continue its rally in the next trading sessions.…

Follow Nikolaus On 𝕏 Here For Daily Posts When Bitcoin was first launched by Satoshi Nakamoto, there was no price. It was literally worth $0.The price of bitcoin first broke over $100 in April of 2013 and was captured on film as it rose to an all time high of $111. Later that year in December, BTC rose dramatically higher hitting a new all time high over $1,000. Reacting to #Bitcoin reaching an ATH of $111 back in 2013 🤯 pic.twitter.com/qkBfdNJyjA— Bitcoin Magazine (@BitcoinMagazine) February 11, 2024 Four years later, Bitcoin rose to $10,000 and beyond in November during the infamous…

Microsoft Bitcoin The intersection of technology and cryptocurrency takes center stage as Microsoft shareholders prepare to vote on a proposal to add Bitcoin (BTC) to the company’s balance sheet. Scheduled for December 10, 2024, this pivotal decision will reveal whether investors are ready to embrace Bitcoin’s explosive potential or adhere to Microsoft’s established conservative strategies. The Proposal and Its Implications In Microsoft’s October SEC filing, the idea of Bitcoin as a hedge against inflation was raised. However, the board recommended voting against the proposal, citing confidence in its current treasury management practices. Install Coin Push mobile app to get profitable…

We are excited to announce the return of the Devcon Scholars Program for Devcon Southeast Asia! Bringing together builders from diverse geographies and disciplines, the Devcon Scholars Program offers more than just a scholarship to attend Devcon – it aims to build a community focused on co-learning and co-creation, to bridge Ethereum with other worlds and to push Ethereum’s boundaries. This year, we are looking to welcome up to 100 Scholars divided across four categories: (1) Ethereum Community Organizers, (2) Law Students & Legal Professionals, (3) Artists & Sci-fi Writers, and (4) Other Builders. Applications are now open, until Sunday,…

Astherus, a liquidity hub for liquid staking tokens (LSTs) and liquid restaking tokens (LRTs), saw its total value locked surge by over 350% in the past three weeks to a record $137.3 million, per DefiLlama. Astherus has positioned itself as a liquidity hub focused on maximizing yield, with its most sought-after products including its in-house perpetuals exchange, which enables users to lock LSTs, LRTs, and other tokens as collateral to trade popular markets. It has a record $117 million in TVL, accounting for the lion’s share of the platform’s aggregate liquidity value. Astherus’ perpetuals exchange is available on three chains:…