Author: Yeek.io

Coinbase, the world’s third-largest cryptocurrency exchange by volume, is launching the Coinbase Bitcoin Yield Fund on May 1, aiming to offer Bitcoin (BTC) exposure for institutional investors outside the US.The fund targets an annual net return of 4% to 8% on Bitcoin holdings, according to an April 28 blog post by Coinbase.“To address the growing institutional demand for bitcoin yield, Coinbase Asset Management is excited to introduce the Coinbase Bitcoin Yield Fund (CBYF),” the company wrote.The fund is backed by multiple investors, including Aspen Digital, a digital asset manager based in Abu Dhabi and regulated by the Financial Services Regulatory…

It’s a high-performance, onchain execution engine built to resolve fragmented pricing across decentralized markets.Designed for speed, precision, and chain-wide scope, it actively restores price equilibrium by scanning and executing arbitrage opportunities across major DEXes on the network — with precision down to the quadrillionths.It serves two essential roles:1. A Built-in Solver System for Carbon DeFiThough Carbon DeFi, Bancor’s flagship DEX, isn’t yet deployed on Arbitrum, the groundwork is being laid. Once a Carbon DeFi deployment goes live on Arbitrum, every strategy created will be supported by the Arb Fast Lane’s built-in solver system. That means real-time, onchain execution.It works like…

SHIB’s burn rate surged by 3084.6%, significantly reducing the circulating supply. On-chain activity and exchange metrics suggest reduced market engagement and growing reserves. Shiba Inu [SHIB] has recently caught attention with a dramatic surge in its burn rate, increasing by 3084.6% over the past 24 hours. At press time, SHIB was trading at $0.00001356, showing a 2.05% decline in the last 24 hours.  This massive burn rate surge suggests that efforts to reduce SHIB’s circulating supply may have a significant long-term impact. However, to fully understand the token’s potential for price movement, it’s essential to look beyond the burn rate…

Homepage > News > Business > BSV Association’s Dr. Eva Porras on MERGE, blockchain adoption Dr. Eva Porras, Head of Education at the BSV Association, the steward organization of the BSV blockchain, speaks with CoinGeek about her participation at the MERGE Conference Buenos Aires, blockchain adoption in Latin America, the importance of scalability to large-scale implementation of blockchain technology, and how BSV can contribute to a ‘better world.’ ‘MERGE’ is an international Web3 conference comprising two separate three-day events, the first of which took place in Buenos Aires from March 24-26, followed by another event in Madrid in October. The…

SIGN, the native token of Sign Protocol, is set to make its debut on Binance today after its token generation event and mainnet launch. In an announcement on April 25, crypto exchange Binance said it will list SIGN on April 28, 2025, at 11:00 UTC, with trading pairs against USDT, USDC, BNB, FDUSD, and TRY. The tokens will be available across Ethereum, Binance Smart Chain, and Base networks. The TGE for SIGN is scheduled an hour earlier, at 10:00 UTC on the same day. During the event, SIGN tokens will be minted on Ethereum and bridged to other supported networks,…

Major crypto and web3 firms including Coinbase, Fabric Ventures, Animoca Brands and Founders Factory have launched a web3 accelerator program to drive innovation in U.K.’s blockchain and AI ecosystem. According to the official press release, founders of participating web3 start-ups will receive funding worth up to £250,000 in cash ($333,470) and 16 weeks of operational support as part of the joint accelerator program. Applications are open for all types of businesses engaged in the decentralized economy and tokenised business models across all sectors. Leading global accelerator Founders Factory will provide hands-on support for founders interested in participating in the program.…

The Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East, aiming to promote institutional Bitcoin adoption through expanded educational initiatives.Stacks Asia has partnered with the Abu Dhabi Global Market (ADGM) — one of the world’s fastest-growing financial centers — in a move that could boost the adoption of its Bitcoin (BTC) layer-2 (L2) solution in the Middle East and Asia.The new partnership will play a “pivotal role” in shaping the future of Bitcoin’s “programmability and adoption” in these regions through educational programs and support for Bitcoin builders, according to an…

Democratic Senator Jon Ossoff has called for President Donald Trump’s impeachment, raising concerns over a planned private dinner for top Trump memecoin holders. Speaking at a town hall near Atlanta on Friday, Ossoff said Trump’s decision to offer exclusive access to top investors in his personal cryptocurrency was a clear case of “selling access” to the presidency. “I mean, I saw just 48 hours ago, he is granting audiences to people who buy his meme coin […] There is no question that that rises to the level of an impeachable offense,” the senator said. Ossoff, who is running for re-election…

Ethereum Foundation has clarified that the upcoming Pectra upgrade will not include the highly debated EOF changes as those will come with the next upgrade, Fusaka. In his April 28 post on X, Ethereum Foundation Co-executive Director Tomasz K. Stańczak said that the upcoming Pectra upgrade, slated for May 7, does not include EOF, stating: “The Pectra upgrade does not include EOF, nor [is it] intended to include EOF. Everything on Pectra is going as planned for the May 7th release.” EOF, which stands for Object Format, is a major overhaul of Ethereum’s execution engine intended to optimize and modularize…

Homepage > News > Business > Philippines launches first AI-ready data center The Philippines opened a new chapter in its digital transformation journey as President Ferdinand Marcos Jr. led the inauguration of the country’s first artificial intelligence (AI)-ready hyper-scale data center, signaling the government’s push to position the nation as a competitive player in the global digital economy. Speaking at the launch of the VITRO Sta. Rosa (VSR) Data Center, Marcos called the facility “proof that the Philippines is future-ready for the digital realm,” underscoring its strategic role in strengthening data infrastructure, regional development, and digital security. “We now have this incredible…