Author: Yeek.io

Wallet interoperability still remains the vision for Web3 gaming, according to Arthur Madrid, the co-founder and CEO of the decentralized metaverse and gaming platform The Sandbox. In an exclusive interview with Cointelegraph at the Crypto Polo event in Dubai, Madrid and his fellow The Sandbox co-founder and chief operating officer, Sebastien Borget, told Cointelegraph that Web3 gaming interoperability remains the goal for The Sandbox. Madrid said: “So, the vision is still kind of obvious for us. It’s like you need to be able to play any games using one wallet that will enable you to combine the utilities of all that you…

The South Korean People Power Party (PPP) has claimed that it will abolish the country’s controversial crypto exchange banking law if its candidate wins June’s Presidential Elections.The South Korean media outlet EDaily reported that the party has promised to do away with a law that requires domestic banks to form exclusive partnership deals with domestic exchanges, with the former absorbing the lion’s share of risk liability.Crypto Exchange Banking Rules: On the Way Out?Without such a partnership, exchanges cannot offer their clients crypto-fiat pairings. At present, only five domestic exchanges have managed to convince banks to enter such partnerships.The People Power…

New user adoption and spot market purchases have driven FARTCOIN’s price higher. Buying sentiment in the derivative market remains strong; however, a discrepancy exists. Fartcoin [FARTCOIN] remains among the major market movers in the last 24 hours as the memecoin rallied by over 17%. Several sentiments in the market show why this drive occurred and why the asset could potentially continue to record more gains in the coming trading sessions. More users allocate funds to the memecoin More users have allocated funds to the memecoin according to data from Nansen. At the time of writing, these new users who also…

Homepage > News > Business > PSAC outlines digital, job plans to President Marcos The Private Sector Advisory Council (PSAC) has called for significant strides in digital transformation, cybersecurity, and workforce development to help the Philippines thrive in an increasingly tech-driven world. PUSH FOR DIGITAL FUTURE. President Ferdinand R. Marcos Jr. meets with members of the Private Sector Advisory Council (PSAC) Digital Infrastructure Sector at Malacañang Palace last Thursday to discuss key proposals on improving public services, boosting cybersecurity, and preparing Filipinos for a tech-driven future through the “Government as a Service” model. (Photo from PCO) In a recent meeting…

Despite growing competition from emerging issuers, the stablecoin market remains largely dominated by a few key players. According to data from Web3 research firm Nansen, Tether’s USDt continues to lead among US dollar-pegged stablecoins, even as competition intensifies.As of April 25, Tether (USDT) has a roughly 66% market share among stablecoins, compared to around 28% for USDC (USDC), Nansen said in the April 25 report. Ethena’s USDe stablecoin ranks a distant third, touting a market share of just over 2%. Nansen expects Tether’s lead to endure even as rivals such as USDC clock faster growth rates. “With nearly 3x as many…

The United States House Committee on Financial Services is slated to host a hearing focused on digital asset innovation next Tuesday, according to the committee’s schedule listed on its website.Digital Assets On HFSC DocketTitled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century,” the hearing is expected to cover crypto market structure at large amid broader regulatory changes toward the digital asset sector. 1) This week in Congress and crypto: We are entering a pivotal period for crypto in DC. Stablecoin bills waiting for a vote, market structure legislation releasing soon, Trump calling for a…

Homepage > News > Business > Treechat adds AI for media creation, NFT minting to follow Treechat is set to roll out new features for creating and minting NFTs, assisted by artificial intelligence (AI). The threaded-chat social media and art creation network runs on scalable BSV, and its built-in economic model makes it the place for creators and their audiences. The hottest new feature is AI generation on request. Users can choose the model they prefer from a drop-down list, type a prompt for an image or video, and post the results. Currently, this is free to use, but Treechat…

Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs.Tether Gold (XAUT) and Paxos Gold (PAXG) reached all-time highs on April 22, with Tether Gold touching $3,529 and Paxos Gold recording a peak of $3,520, according to data from CoinMarketCap. Two other gold-backed cryptocurrencies — Quorium (QGOLD) and Kinesis Gold (KAU) — have seen rises of 8.5% and 7.6%, respectively, in the past 30 days. All four tokens are up 40% or more in the past 12 months, CoinGecko data shows.Related: Tether clocks $13B in 2024 profits, US bond holdings…

Tether has published its first official attestation for Tether Gold (XAUT) for the first quarter of 2025, confirming that every token in circulation is fully backed by physical gold. As of April 28, 2025, the company reported that more than 7.7 tons of gold, equivalent to 246,523.33 troy ounces, are securely backing the tokens. Tether Reports XAU₮ Grows Amid Shifting Monetary Landscape, Releases its First Attestation for Q1 2025, More Than 7.7 Tons of Physical Gold Backing the Token in CirculationRead more @tethergold https://t.co/GM2ngyVFO6— Tether (@Tether_to) April 28, 2025 Tether’s XAUT Surpasses $770M, Driven by Demand for Inflation HedgesXAUT, each…

The Pudgy Penguins-themed meme coin Pengu PENGU/USD has surged over 123% in the past seven days, becoming one of the best-performing meme coins on the market. CryptocurrencyPrice   24-Hour Trend7-Day TrendPengu PENGU/USD $0.01158+8.5%+123%Dogecoin DOGE/USD $0.175-3% +8.5%Shiba Inu SHIB/USD $0.00001337-1.4%+5.8% Trader Notes: Pseudonymous trader ‘fuel’ sees the breakout “confirmed” and “a clear road” to a valuation of $1 billion. Trader ‘BullishBanter’ says Pengu “pulled a god candle” and predicts consolidation below “the old imbalance zone” below 1.8 cents. Trader ‘Don’ was equally bullish, targeting 2.5 cents as his next take profit before a final target of over 4 cents. Statistics: Coinglass data shows open interest increased to over $100 million,…