Author: Yeek.io

Limited Demand for Bitcoin Investment ProductsA significant factor contributing to Bitcoin’s stagnant price is reduced demand for investment products tied to the cryptocurrency. This decline in interest coincided with the Thanksgiving holiday in the United States, a time when trading activity generally slows down. Additionally, there has been a noticeable reduction in the flow of capital into Bitcoin-related investment vehicles.Balances in spot Bitcoin ETFs have remained steady since November 25. Even after November saw periods of both record inflows and outflows. These factors point to a cooling of enthusiasm among institutional and retail investors alike.A Balance Between Profit and Loss…

Amit KumarNew York UniversityProof Carrying Data from folding GKR with protostarCurrent Interactive Verifiable Computation (IVC) schemes face challenges with the Witness-Multi-Scalar Multiplication (Witness-MSM) barrier, limiting efficiency. We propose leveraging the Goldwasser-Kalai-Rothblum (GKR) accumulation scheme to significantly reduce the witness size, overcoming these limitations. Utilizing the Protostar compiler, we will fold the GKR protocol, enhancing computational efficiency. Furthermore, we aim to extend IVC into a Proof Carrying Data framework, facilitating parallel folding in a tree structure to streamline verification processes and improve scalability.Pratyush MishraUniversity of Pennsylvania and Stanford UniversityZippel: A language and compiler for building proof systemsWe propose Zippel, a new…

Are you looking for the best crypto to buy now, as the crypto market is booming with opportunities? We’ve researched and selected eight promising coins with high potential returns in just 90 days. These projects combine innovation, market demand, and strong community support. We chose these coins for their unique features and real-world use cases. Each one stands out with its potential to disrupt industries or deliver exceptional returns. Also, they are backed by strong teams, exciting roadmaps, and active communities. Best Crypto to Buy Now Aureal One (DLUME) DexBoss (DEBO) 5thScape (5SCAPE) Dogizen (DOGIZ) Ripple (XRP) Sui Network (SUI)…

Homepage > News > Business > Crypto bros, money launderers celebrate Tornado Cash ruling Tornado Cash won a key court decision that has crypto bros, software developers, hackers, and money launderers cheering all the way from Texas to Pyongyang. On November 26, the U.S. Court of Appeals for the Fifth Circuit issued a ruling supporting six users of the Ethereum-based Tornado Cash, a ‘coin mixing’ service that allows users to obfuscate ETH tokens’ digital trail. The appeal came following the sanctions imposed on Tornado Cash in August 2022 by the Department of the Treasury’s Office of Foreign Assets Control (OFAC),…

Singaporean digital payment provider dtcpay announced that it will exclusively support stablecoins for its payment services by 2025, dropping Bitcoin and Ethereum in the process. In a recent X post, dtcpay announced that it will begin to strategically shift its support to only accommodate stablecoins for all of its token payments services, starting January 2025. Following this transition, the Singaporean payment firm will no longer support payments for Bitcoin(BTC) and Ethereum(ETH) starting next year. Despite both BTC and ETH still maintaining their spots as the two largest cryptocurrencies by market cap. “This means we will phase out support for Bitcoin…

Coinbase’s meme coin listing bonanza continued on Dec. 3 as Mog Coin was added to the platform’s trading roadmap. U.S. crypto exchange Coinbase announced Mog Coin (MOG) as the latest addition to its listing roadmap, according to a tweet from the firm’s dedicated assets page on X. Coinbase stated it would list MOG on Base, the company’s Ethereum layer-2 scaling solution, which has nearly $4 billion in user deposits or total value locked. MOG’s price surged 23% within an hour of the announcement, according to data from DEXScreener. The token’s market cap reached approximately $1 billion, making it the tenth-largest…

Brighty, a Switzerland-based digital finance platform enabling crypto-card payments in the real world, has raised $10M in a funding round from Futurecraft Ventures. The funds will strategically expand Brighty’s presence in Europe and the UK, regions experiencing a surge in crypto usage.  Roger Buerli, CEO and co-founder of Brighty, noted: “Europe and the UK demonstrate increased crypto usage for everyday spending. As the popularity of cryptocurrency payments grows—whether for business transactions, funding rounds, or salaries—so does the need for efficient solutions.” The company aims to meet this demand through user experience while targeting digital nomads and crypto earners, a rapidly…

The chief executive of blockchain intelligence platform CryptoQuant says a structural shift in the accumulation of Bitcoin (BTC) is the culprit behind a delayed altseason. On-chain analyst Ki Young Ju tells his 379,400 followers on the social media platform X that the primary drivers of the current Bitcoin rally are entities not interested in loading up on altcoins. According to the CryptoQuant executive, altcoins now have to come up with a compelling use case as they can no longer rely on Bitcoin’s momentum to see higher prices. “Compared to the last cycle, the nature of capital flowing into Bitcoin has…

Este artículo también está disponible en español. Dogecoin has been navigating a period of choppy price action, with little opportunity for strategic buys and no decisive breakouts to guide traders. Despite this uncertainty, key data from Santiment provides a glimmer of hope for Dogecoin enthusiasts. Over the weekend, Dogecoin whales accumulated an additional 160 million DOGE, signaling potential confidence in the meme coin leader’s upward trajectory. This renewed whale activity comes when Dogecoin attempts to regain momentum and reestablish its market position. Such large-scale accumulation often precedes significant price movements, suggesting the possibility of further upside in the coming weeks.…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…