Author: Yeek.io

Shiba Inu price continued its strong downtrend this week, even as its token burn rate surged by over 800%. Shiba Inu (SHIB) token plunged to a low of $0.00001160, its lowest level since April 9. It has dropped by 35% from its recent peak on May 12. SHIB price dropped because of the ongoing crypto market crash that has pushed Bitcoin and most altcoins lower.  The sell-off intensified as whales dumped their SHIB holdings. According to Nansen data, whale holdings have declined by over 80% in the last 12 months to 34 billion tokens. Similarly, smart money holdings have fallen…

PEPE has seen a sharp 13% correction on the daily timeframe, confirming a lower low and continuing its bearish trajectory. With structure still pointing downward, the next major test lies at the point of control, a key level that may either catch the fall or open the door to a deeper drop. After a series of lower highs and lower lows, PEPE (PEPE) has extended its downtrend with a sharp 13% daily move lower. The recent breakdown followed a failed attempt to reclaim the value area high, where a harsh rejection at the 0.618 Fibonacci level accelerated downside momentum. From…

Cryptocurrency thrives on decentralized networks, seamless transactions, and unbreakable trust. However, as the industry grows, so do the threats against it.  One of the lesser-known yet potentially devastating cyberattacks that can disrupt blockchain networks is the teardrop attack. If your blockchain transactions suddenly freeze out of nowhere, you might be experiencing it. Let’s dive deep into what teardrop attacks are, how they impact blockchain ecosystems, and what security measures can help protect the crypto industry from these digital threats. What Are Teardrop Attacks in Crypto? A teardrop attack is a type of Denial-of-Service (DoS) attack that exploits vulnerabilities in the…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As mainstream platforms tighten control, Promeet gives creators a web3-powered escape, with instant payouts, real ownership, and no censorship. It is no secret that a small handful of media moguls have disproportionate control over the internet. From social media to streaming platforms, tech elites seem to decide what we watch, what we consume online, who watches the content we upload, and how we get paid.  One noteworthy example of this control is how OnlyFans, the subscriber-based social media platform,…

Sei price continued its strong downtrend today, June 17, as the ongoing crypto crash accelerated. Sei (SEI) token dropped to $0.1660, its lowest level since April 17, and is now down more than 40% from its May high. From its November 2023 peak, the token has plunged by over 77%. Despite the bearish price action, Sei’s underlying fundamentals remain solid. According to data from DeFi Llama, the network’s total value locked has reached an all-time high of over 3.08 billion SEI, up significantly from 715 million at the start of the year. Most decentralized applications on the Sei network have…

In the world of cryptocurrency, the courtroom is just as chaotic as the market itself. While Bitcoin and Ethereum were built on the promise of decentralization—cutting out middlemen and regulations—governments aren’t giving up control without a fight. In 2022 alone, the four main U.S. federal agencies overseeing crypto—the SEC, CFTC, FinCEN, and OFAC—launched 58 crypto enforcement actions, a staggering 65% increase from the previous year. This rise in SEC crypto enforcement has had a ripple effect across the industry, from exchanges to individual developers. Number of Crypto Enforcement Actions Announced by US Federal Regulators from 2013-2022. Source: Solidus Labs However,…

Paradigm has filed an amicus brief in federal court arguing that Tornado Cash co-founder Roman Storm cannot be convicted without proof that he knowingly operated a money-transmitting business. In its June 13 filing made public on Monday, Paradigm requested that the court instruct the jury that for Storm to be convicted under federal money transmission laws, there must be clear evidence that he knowingly operated a business that controlled user funds, charged fees for transactions, and knowingly processed funds tied to criminal activity. Paradigm argued that the prosecution’s theory ignores longstanding FinCEN guidance, including 2019 statements issued under the Treasury…

When it comes to using cryptocurrencies, transaction fees play a crucial role in determining how fast and cost-effective your transfers are. Bitcoin and Ethereum, the two largest blockchain networks, both charge fees, but the way these costs are structured, why they fluctuate, and how they impact users are vastly different. Bitcoin’s fees are largely influenced by network congestion and block space demand, while Ethereum introduces a more complex fee structure with gas fees, which vary based on computational effort and network activity. But why do Bitcoin and Ethereum fees differ so much? What drives these costs, and how can users…

WBT, the utility token of crypto exchange WhiteBIT, became the top-performing asset on June 16, rallying past Toncoin and Shiba Inu just hours after the exchange announced a major partnership with a popular European football club. According to data from crypto.news, WhiteBIT Coin (WBT) surged 32% intraday, forming a sharp breakout candle often referred to as a “god candle,” and reached a new all-time high of $52.27. The rally pushed its year-to-date gains above 110%.  With a market cap of $7.43 billion, WBT has overtaken Toncoin (TON) and Shiba Inu (SHIB) to become the 21st-largest cryptocurrency in the market. The…

X has launched what appears to be a sweeping crackdown on the memecoin sector, issuing a wave of suspensions that claimed several casualties including Pump.fun and its founder. On Monday, June 16, 2025, the official platform handles for the Solana-based memecoin launchpad Pump.fun and its co-founder founder Alon Cohen were taken offline from the social media platform X (formerly Twitter).  When accessed, each now displays the message “Account suspended,” accompanied by X’s standard notice for violations of its platform rules. Screenshot of Pump.fun’s suspended X profile | Source: X The move appears to be part of a wider enforcement action…