Author: Yeek.io

Artificial intelligence (AI) has revolutionized various industries, including finance, marketing, and cybersecurity. However, it has also become a powerful tool for cybercriminals. AI-driven deepfake technology is increasingly being used to orchestrate fraudulent schemes, particularly in the cryptocurrency space. These scams exploit AI-generated audio, video, and images to impersonate executives, manipulate social media, and deceive investors. A survey conducted by identity verification provider Regula found that synthetic identity fraud, where scammers combine real and fake identity components, accounted for 46% of AI-facilitated identity fraud cases. Voice deepfakes constituted 37%, while video deepfakes made up 29%. Over 80% of fraud detection experts…

dogwifhat Buy Volume surpassed $67 million, flipping Delta positive for the first time in a week. RSI and Stoch RSI both showed bullish crossovers, pointing to growing upside momentum among traders. dogwifhat [WIF] broke out of its month-long downtrend, jumping over 21% in the last 24 hours. The memecoin rebounded from its $0.63 low, closing at $0.8325 on the 23rd of June, after holding the $0.60 support. In fact, this rebound came with a sharp surge in price and volume. At the time of writing, WIF was trading at $0.8607, up over 22% in a day, with daily trading volume…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum saw a notable decline in its price over the last week, and the weekend culmination pulled the price back towards levels not seen in over one month. The movement tracks with the established bearish trend of the month of June and continues to show mounting…

After several consecutive days in the red, the SUI token is showing signs of recovery as a sharp price rebound renews bullish sentiment. SUI (SUI), the native token of the Sui layer-1 blockchain, has been on the rise in recent hours, posting roughly 15% in fresh gains. The rally marks the end of a month-long losing streak that saw the token break key support levels and drop to new lows. At press time, SUI trades around $2.79, marking a strong recovery from the week’s low of $2.45. The rebound in the native token is not isolated and comes as investor…

Japan’s Financial Services Agency considers reclassifying crypto assets as financial products under Financial Instruments and Exchange Act (FIEA), which would reduce capital gains tax on crypto to a flat 20%. On June 24, Japan’s Financial Services Agency released a new policy proposal signaling a major regulatory transformation for cryptocurrencies, as initially reported by Coinpost. In a document titled “Review of the Systems Surrounding Crypto Assets,” the FSA announced the formation of a working group to explore the possibility of shifting crypto regulation from the current Payment Services Act to the more stringent FIEA. The proposal is set to be discussed…

Crypto market recovered as Bitcoin reclaimed the $100k level, following reports of a potential truce between Israel and Iran that may bring an end to the recent ongoing hostilities between the two nations. On Monday, U.S. President Donald Trump announced that both nations have agreed to a full truce, which he said will bring an end to what he called “The 12 Day War.” The announcement helped calm investor fears and gave markets a reason to rally after a volatile weekend. According to crypto.news, the global crypto market cap rose 2.8% to hit $3.39 trillion as of Tuesday afternoon in…

Quick take: Built by Digital Asset Holdings, Canton is a privacy-focused blockchain for the tokenisation of real-world assets. The company plans to use the fresh capital to expand RWA support on Canton, which currently includes bonds, MMFs, commodities, repos, mortgages, life insurance and annuities. Last year, Canton Network tested out its tokenisation platform with the likes of Goldman Sachs and BNY Mellon. Digital Asset Holdings, the company building Canton Network, a privacy-focused blockchain for the tokenisation of real-world assets, has raised $135 million in a strategic funding round led by DRW Venture Capital and Tradeweb Markets. The fundraising effort also…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For over a decade, blockchain developers have pursued one primary metric of performance: speed. Transactions per second (TPS) became the industry’s benchmark for technological advancement, as networks raced to outpace traditional financial systems. Yet, speed alone hasn’t delivered the kind of mass adoption once envisioned. Instead, high-TPS blockchains have repeatedly stumbled during periods of real-world demand. The root cause is a structural weakness rarely discussed in whitepapers: the bottleneck problem. A “fast” blockchain, in theory, should excel…

SEI crypto stood as one of the top-performing crypto assets today amid market-wide recovery, as its DeFi TVL approached new highs. According to data from crypto.news, Sei (SEI) token rallied by 33 % to $0.268 on June 24, its highest level since May 12, and is now up more than 90% from its April low.  Its market cap stood at $1.49 billion with a daily trading volume of 557 million, 175% higher than the previous day. SEI’s price uptick today coincided with a broader market recovery, which saw the global crypto market cap climb 2.5% to $3.36 trillion. Bitcoin (BTC)…

Telegram-based alternatives have emerged to fill the void left by the shutdown of crypto darknet marketplace Huione Guarantee, according to blockchain analytics firm Elliptic. Researchers at Elliptic have uncovered a surge in user activity across more than 30 Telegram-based marketplaces since May, when Telegram removed Huione Guarantee’s public channels. Among the new platforms, Tudou Guarantee has seen the largest migration, with user numbers more than doubling and transaction volumes now matching those once recorded by Huione Guarantee. User numbers of certain guarantee marketplaces post Huione shutdown | Source: Elliptic Elliptic’s analysis found that many merchants formerly active on Huione Guarantee…