Author: Yeek.io
An advisory committee of the Commodity Futures Trading Commission has voted in favor of allowing tokenized assets to be used as collateral for margin trading. The CFTC’s Global Markets Advisory Committee forwarded the recommendation around these blockchain or distributed ledger technology assets via its digital assets markets subcommittee, according to a press release on Nov. 21. The proposals will now proceed to the full GMAC Committee, with the next steps to be determined by the CFTC, the U.S. derivatives markets regulator. This development could lead to tokens of money-market funds like BlackRock’s BUIDL and Franklin Templeton’s FOBXX being used as…
Currently, the biggest challenge in the DeFi world is delivering the promise of truly revolutionizing the financial system to everyone. While the paradigm in the financial landscape isn’t exactly accessible to everyone, DeFi does a much worse job by being so complex to use. This complexity creates a barrier to entry and slows widespread adoption. The Glue Hub team claims they want to “make crypto accessible for everyone” and make their product the “glue between two different worlds that make everyday life and business easier without the need to get technical.” How does Glue Hub achieve this? How Glue Hub…
Shiba Inu’s trading volume dipped while its price surged. The Fear and Greed Index showed that the market was in an “extreme greed” phase. Shiba Inu [SHIB] has once again come in the limelight with its massive price hike. Though this was benefiting investors, but will this trend continue? Shiba Inu gains momentum The world’s second-largest memecoin surprised investors in the recent past with its double-digit price growth. SHIB’s price surged by 18% in the last 24 hours, pushing its value to $0.0000309 with a market capitalization of over $18 billion. Thanks to that, the memecoin entered the top 10…
In the rapidly evolving world of artificial intelligence, large language models (LLMs) like OpenAI’s GPT have gained widespread recognition. However, many other tools are emerging with unique features and applications, expanding the landscape for AI applications in text and code generation. One such tool is Ollama, an AI framework designed to run and deploy large models such as LLaMA (Large Language Model Meta AI) for text generation, code completions, and beyond. Ollama’s flexibility enables it to operate efficiently in resource-constrained environments like laptops or cloud-based notebooks. This guide will walk you through setting up Ollama with ngrok, a tunneling service…
The cryptocurrency landscape is buzzing with a new contender, Yeti Ouro (YETIO), an ERC-20 token that’s rapidly gaining traction in the market. Positioned as a unique fusion of meme coin excitement and decentralized finance (DeFi) utility, Yeti Ouro has caught the attention of investors worldwide, raising over $800,000 in its presale. Its rapid success is now challenging established projects like Toncoin (TON) and Solana (SOL). Yeti Ouro: A Rising Star In The ERC-20 Ecosystem Yeti Ouro is more than just another meme coin — it’s an innovative ERC-20 token designed to integrate utility with entertainment. The token’s appeal lies in…
Follow Mark on X. Ah, Bitcoin—a digital enigma that dances between brilliance and bafflement, much like a British summer deciding whether to rain or shine. As we teeter on the brink of the $100,000 milestone, it’s impossible not to cast our minds back to the late John McAfee: antivirus mogul, libertarian firebrand, and a man whose eccentricity made the Mad Hatter look like an accountant.In the distant, carefree days of 2017—when masks were for surgeons and Zoom was just an onomatopoeia—McAfee made a proclamation that would make even Nostradamus raise an eyebrow. He boldly wagered that Bitcoin would soar to…
Este artículo también está disponible en español. Dogecoin (DOGE) is currently trading below a key resistance level, signaling the potential for a bullish breakout. However, the price has struggled to surpass this critical barrier, creating uncertainty about the next major move. For Dogecoin to achieve new highs and rekindle investor enthusiasm, breaking this resistance is essential. Top crypto analyst Scofield recently shared a detailed technical analysis on X, highlighting Dogecoin’s readiness to test the psychological $1 mark. According to Scofield, DOGE’s recent price action shows consolidation near resistance, which often precedes a decisive move. He emphasized that a breakout above…
Apibara: open-source data platformApibaraThis project aims to add Ethereum data (Execution + Consensus Layer) to Apibara, an open-source data platform. Apibara allows developers and researchers to synchronize any onchain data to a target database or API. Currently, we provide support for PostgreSQL, MongoDB, Parquet, and webhooks. It is easy to add support for more integrations. Apibara focuses on “online” usage: first, it backfills data and then synchronises it as the chain moves forward. Developers can access the data using the tools they already know. Our data synchronization protocol is chain-independent. For this reason, we can support indexing Execution Layer and…
Compx, a DeFi project on Algorand, experienced a rapid growth of the total value locked (TVL) metric after the launch of its Collateral Debt Position (CDP) product. Compx’s TVL has increased over 900% within the last 48 hours to a record $4.5 million, as per DefiLlama data. Compx has operated as a yield farming product since February of this year. In May, the platform’s yield farming pools held $1.1 million in TVL, which has since dropped by 50%. The recent growth in TVL is attributed to the launch of a proprietary CDP product on Algorand – a layer 1 chain…
Homepage > News > Finance > Philippine central bank boosts financial literacy with tech The Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, in collaboration with its partners, hosted the 2024 Financial Education (Fin-Ed) Stakeholders’ Congress to spotlight the role of digital technology in promoting financial literacy across the Philippines. Held on November 19-20 at the Philippine International Convention Center (PICC) in Pasay City, the event underscored the need to equip Filipinos with essential financial skills to improve decision-making in savings, investments, and retirement planning. Participants of the 2024 Financial Education Stakeholders’ Congress with officials of the BSP and…