Author: Yeek.io
Islamic finance, rooted in principles of fairness, risk-sharing, and ethical responsibility, is increasingly finding common ground with blockchain in Islamic finance. Decentralized finance is redefining traditional banking, increasing the potential for a more transparent, secure, and inclusive financial ecosystem. However, aligning the foundational ethics of Islamic finance with the evolving blockchain sector presents unique challenges and opportunities. The Islamic finance market, valued at USD 3178.2 billion in 2024, is projected to grow to USD 9301.41 billion by 2033, meaning there’s a lot of room for innovation.This article explores the intersections of these two worlds, addressing the ethical challenges, potential synergies,…
Continuing its crackdown on North Korea’s efforts to infiltrate U.S. companies, the Treasury Department has sanctioned two individuals and four entities for aiding malicious IT workers in infiltrating crypto firms. A North Korean national, Song Kum Hyok, and a Russian national, Gayk Asatryan, have been sanctioned by the Treasury’s Office of Foreign Assets Control for their roles in supporting North Korean IT worker operations targeting the crypto sector. According to OFAC, Song Kum Hyok has ties to North Korea’s Reconnaissance General Bureau (RGB) and its subordinate hacking unit Andariel. He has been accused of creating fake identities using stolen U.S.…
The airline is teaming up with the crypto exchange to introduce crypto payments in travel, aiming to meet growing customer demand for digital asset options. According to a July 9 announcement, Emirates has signed a Memorandum of Understanding (MoU) with Crypto.com to integrate digital payments into its services. The rollout will begin with Crypto.com Pay, allowing customers to use cryptocurrency as a payment option for flights and other transactions. The agreement was formalized in Dubai, witnessed by Sheikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline & Group. It was signed by Adnan Kazim, Emirates’ Deputy President…
What if you could buy your way into America with Bitcoin?In February 2025, former President Donald Trump introduced a bold and controversial immigration proposal: the Gold Card. This program would allow high-net-worth individuals from around the world to gain U.S. residency by purchasing a premium “Gold Card” for approximately $5 million. Unlike the traditional green card process, this initiative targets the wealthy elite, especially those from emerging markets, offering them a fast-track alternative to residency through a sizable financial contribution.What makes it of interest is that David Bailey, CEO of BTC Inc. and a close Trump ally, has publicly endorsed…
Shiba Inu’s price has been flat this month, and its chart is sending mixed signals on what to expect. Shiba Inu (SHIB), the biggest Ethereum (ETH) meme coin, was trading at $0.00001200 on June 9, a few points above the year-to-date low of $0.000010. The token is facing several headwinds that could lead to further downside in the near term. First, demand has dried up, as evidenced by its daily trading volume, which stood at $140 million on Wednesday. This figure is significantly lower than volumes for other meme coins, including Pepe (PEPE), Official Trump, Bonk (BONK), and Fartcoin. The…
Despite selling pressure from whales, ADA continues to struggle in its attempt to reclaim the $1 level. According to data from crypto.news, Cardano (ADA) was trading at $0.58, marking a 6.6% gain over the past week that pushed its market cap over $21 billion. Despite this, the broader picture remains mixed with ADA still down 11.9% over the past 30 days and trading nearly 50% below its $1 peak from March 3. While bulls have attempted to revisit that level multiple times since, each effort has ultimately fallen short. Some market analysts view July as a potential turning point. With…
The digital creator economy is rapidly expanding, with an expected reach of $1.49 trillion by 2034. However, the creators driving this growth, such as YouTubers, musicians, visual artists, and others, face significant challenges in securing funding. Traditional banks remain cautious about financing digital rights, while established industry players such as record labels and royalty management firms often demand up to 80% ownership for upfront capital. As a result, creators have limited, usually exploitative options for financing production, marketing, or launching new projects.Insomnia Labs, backed by a $12 million credit line from Kamui Finance, Intrinsic Capital, and partners, has introduced CreatorFi…
In the decentralized world of Web3, smart contracts need access to real-world data to function correctly. That’s where oracles come in. Among the most talked-about oracles today are Pyth Network and Chainlink—both play critical roles in connecting blockchains to external data, but they do so in fundamentally different ways.Let’s break down what Pyth Network is, how it works, and when it comes to Pyth Network vs Chainlink, how do they compare in areas like data quality, latency, decentralization, and real-world applications in DeFi?What is Pyth Network and How Does It Work?Pyth Network is a decentralized oracle solution built to deliver…
Key Takeaways Bonk.fun has overtaken Pump.fun in Solana memecoin launches, revenue, and volume. Despite Pump.fun’s higher market cap, BONK’s organic growth and dominance suggest a potential shift in the memecoin cycle. The Solana [SOL]-based memecoin cycle may be gearing up for a comeback. This potential resurgence appears linked to the growing popularity of the Bonk.fun launchpad, which adds momentum to the anticipated cycle. Historically, each memecoin wave on Solana has been driven by a new platform, most recently, Pump.fun led the charge. Now, Bonk.fun seems poised to take its place. With a significant number of new Solana tokens launching through…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Ethereum whales have participated in some notable buying, a sign that could be bullish for the ETH price. Ethereum Whales Have Added To Their Holdings As explained by analyst Ali Martinez in a new post on X, the supply of the Ethereum whales has recently gone up. The on-chain metric of interest here is the “Supply Distribution” from the analytics firm Santiment, which tells us about the total amount of an asset that a given wallet group is holding right now. Addresses or…