Author: Yeek.io
RIZE, the native token of the RWA tokenization project T-RIZE, saw a steep price drop just a day after going live on major exchanges. According to CoinGecko, RIZE plunged nearly 48% in 24 hours, trading around $0.046 as of May 16 morning Asian time. The price action follows just a day after RIZE secured a listing on tier-1 centralized exchange Kraken on May 15, 15:00 UTC, coinciding with its Token Generation Event (TGE) and mainnet launch. The token was launched on the Base blockchain, an Ethereum Layer 2 network developed by Coinbase. Alongside Kraken, the token also secured a listing…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Although Ethereum (ETH) is still trading nearly 50% below its all-time high (ATH) of $4,878, signs are emerging that the second-largest cryptocurrency by market capitalization may soon experience a “supply shock” due to dwindling reserves on major cryptocurrency exchanges like Binance. Binance Ethereum Reserves See Massive Fall According to a recent CryptoQuant Quicktake post by on-chain analyst Amr Taha, ETH reserves on Binance have been steadily falling since April 14. Taha noted that the exchange’s ETH reserves declined from slightly less than 4.2 million to 3.9 million…
Brazilian fintech company Méliuz has become the first publicly traded firm in Brazil and Latin America to adopt Bitcoin as a treasury asset following shareholder approval. In a statement issued on May 15, the cashback-focused firm, which serves over 30 million users, said it had officially changed its corporate purpose to include Bitcoin investments as part of its business strategy. The move was greenlit by a wide majority at an extraordinary general meeting earlier in the day. As part of the shift, Méliuz acquired 274.52 Bitcoin for approximately $28.4 million at an average price of $103,604. The latest haul builds…
BRETT has a bullish swing structure on the 1-day chart. The increased selling pressure over the past five days showed that the memecoin could retrace further. Brett [BRETT] saw a 10% drawdown in the previous 24 hours of trading. According to CoinMarketCap, its trading volume has fallen by 37%. The Bitcoin [BTC] rally has slowed down over the past five days, with the king of crypto forming a short-term range. A deeper dip for BTC could force alts to shed some of their gains. While BRETT showed strong demand in recent weeks, its chances of a drop toward $0.063 or…
DOGE sees 15x spike in active addresses, but price struggles to break past $0.24. Traders lean heavily long on Binance, risking sharp liquidations if bullish momentum fails. Dogecoin [DOGE] is buzzing with life on-chain, with a mammoth spike in active addresses. Additionally, Binance traders are stacking 3-to-1 long bets in anticipation of a DOGE rally. But despite the bullish backdrop, DOGE’s price action remains stubbornly flat — hinting at deeper cracks beneath it all. DOGE traders stack the deck! The Long/Short Ratio on Binance steadily climbed from around 2.0 in early May to over 3.0, meaning three times as many…
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. Este artículo también está disponible en español. After several days of intense buying pressure and strong bullish momentum, Ethereum has finally paused its rally, finding resistance around the $2,740 mark. The move comes after ETH effortlessly cleared key resistance levels at $2,000 and $2,200, marking one…
This unsustainable approach has led to numerous DeFi project failures, where early investors profit at the expense of those who join later, creating a cycle that inevitably collapses.Without a sustainable revenue model, even the most exciting DeFi projects can turn into failed projects overnight. DeFi runs on smart contracts. While this is a revolutionary solution (because what’s better than no middlemen and no human error), there’s a major downside—one tiny flaw in the code can lead to catastrophic financial losses. It is one of these reasons hackers have made the sector their playground. Take Yam Finance, for example. It launched in 2020…
Imagine strolling through a bustling market, the scent of sizzling meat in the air, when you hear someone mention Pig Butchering. You might picture a butcher sharpening his knife, preparing for the day’s work. But here’s the twist—the “pig” being butchered isn’t livestock. It’s people. And the blade? A meticulously crafted scam. Pig Butchering, or “Sha Zhu Pan” in Chinese, isn’t about farms or slaughterhouses—it’s about deception at its finest. This cruel con blends romance fraud and investment fraud into one seamless trap. Scammers fatten up their victims with affection, attention, and false promises, convincing them to invest small amounts…
Play-to-Earn (P2E) games have reshaped the gaming industry’s reward system, enabling players to earn real-world income through blockchain-based assets. In developing countries, where job opportunities are limited and economic instability is widespread, P2E has emerged as a financial lifeline—sometimes even a primary source of income. Games like Axie Infinity and Decentraland offered new earning opportunities without requiring a formal job or bank account, making them accessible to people of all ages and socioeconomic backgrounds. However, beneath the promise of financial inclusion lies a more complex and often troubling reality. Many P2E games rely on volatile in-game tokens, high entry costs,…
As blockchain networks like Ethereum and Bitcoin continue to scale in usage, they face growing pressure to meet the demands of millions of users while maintaining speed, affordability, and security. Traditional blockchain architecture, which is often referred to as monolithic blockchain, integrates all the core functions of blockchain, which include consensus, execution, data availability and settlement, into a single layer where every node on the network is responsible for performing all these tasks. Validating transactions, executing smart contracts, storing and broadcasting data, etc, are among such tasks that typical monolithic blockchains undertake and while this unified structure allows for a…