Author: Yeek.io

A recent report by Bitget estimates the rapid growth of blockchain adoption has the potential to create 1.5 million jobs by 2030, rivalling that of AI’s hiring boom. In Bitget’s latest report, the crypto exchange highlights the untapped potential behind the blossoming sector. As more major companies begin to lean towards integrating the technology into day-to-day operations, the firm believes it could transform from niche to necessity, creating jobs that were previously unheard of. The analysis reveals that while blockchain’s current job market has yet to match the explosive growth already achieved by the artificial intelligence sector, it still has…

Fartcoin trading volume surged by $96.8 million after a whale move. A whale offloaded $4.7 million worth of Fartcoin after two months of inactivity. On a daily time frame, Fartcoin [FARTCOIN] has experienced a massive surge in its trading volume as whale activity spiked. According to EyeOnChain, whales are diving into a Fartcoin frenzy with big purchases. Naturally, this reflected mounting interest—and possibly, brewing volatility. Often, a rise in Trading Volume points to either buying or selling pressure. Looking at whale activity, large entities are making major moves. First, over the past two hours, a whale has spent $2 million…

Quick take: The company previously raised $20 million from investors including Distributed Global, North Island Ventures, and Delphi Digital. Nous Research is using the Solana blockchain to train its open-source AI models. A big percentage of the new funding will go to compute power and expanding its research capabilities. Nous Research, a decentralised AI startup has raised $50 million in a Series A round almost entirely funded by crypto-focused venture firm Paradigm. The fundraising closed at a token valuation of $1 billion, a source who asked for anonymity told Fortune.  The fundraising follows the company’s $20 million funding in seed…

Key Takeaways: KuCoin pivots to Asia after U.S. regulatory crackdown. Rebranding ERX accelerates KuCoin’s strategic entry into Thailand. Thailand’s strict crypto regulations favor licensed exchanges like KuCoin. On April 23, KuCoin announced the launch of its fully licensed cryptocurrency exchange platform in Thailand. The move follows the rebranding of ERX Company Limited to KuCoin Thailand. ERX is Thailand’s first Securities and Exchange Commission (SEC)-supervised digital token exchange. Can KuCoin Challenge Bitkub’s dominance in Thailand?The rebranding efforts come as part of KuCoin’s shift towards Asia, where regulators, though strict, offer a clearer pathway for licensed crypto operators. The Thai crypto market…

Dragonchain’s DRGN rallied over 97% after the U.S. Securities and Exchange Commission said it plans to dismiss its long-running lawsuit against the project over alleged unregistered securities sales. According to a joint filing on April 24, the SEC and Dragonchain have agreed the case should be dismissed with prejudice, meaning it can’t be refiled. The SEC cited the work of its newly established Crypto Task Force and said dropping the suit was the appropriate step. The lawsuit, originally filed in August 2022, accused Dragonchain, its foundation, and founder Joseph Roets of raising $16.5 million through an unregistered token sale.  The…

PENGU price has exploded out of a multi-week consolidation phase, jumping 38% in the past 24 hours amid rising volume, eyeing $0.015 next. Pudgy Penguins (PENGU) just surged 40% in the past 24 hours, breaking out of multi-week accumulation phase marked by sideways movement and low volatility. It’s now testing the previous resistance level at $0.008 – $0.010 — the zone that previously marked the breakdown level in early March before the extended consolidation between $0.004 and $0.006 began. The breakout was supported by a clear surge in volume and momentum indicators flashing bullish signals. RSI broke past 70 and…

The U.S. Securities and Exchange Commission has pushed back decisions on Bitwise’s Bitcoin and Ethereum ETFs as well as Canary Capital’s Hedera ETF, citing the need for more time as it navigates a surge in ETF filings. According to filings dated April 24, the SEC has delayed decisions on Bitwise’s Bitcoin (BTC) and Ethereum (ETH) ETFs as well as well as Canary Capital’s Hedera (HBAR) ETF, with the new deadlines set to June 10 and June 11, respectively. In both filings, the SEC cited the need for additional time to thoroughly review the proposals and consider public comments. This wave…

Binance has introduced Alpha Point, a novel feature designed to evaluate user engagement within the Binance Alpha ecosystem and Binance Wallet. This system rewards active users with opportunities to participate in Initial DEX Offerings (IDOs) and receive Alpha token airdrops, fostering more profound involvement in Binance’s Web3 initiatives.What is Alpha Point?Alpha Point is a scoring mechanism that measures user activity based on their asset holdings and trading behavior. It determines eligibility for exclusive events like IDOs and airdrops, incentivizing users to stay active in the Binance ecosystem.Binance launched this feature to prioritize dedicated users, ensuring that rewards such as early…

Homepage > News > Business > Bitails stress tests BSV with 3B UTXOs—how robust is it? Noticed some large transaction spikes lately? Block explorer and indexing service Bitails has been stress-testing the BSV network. The tests, which began just over a week ago, are designed partly to validate upgrades to Bitails’ infrastructure and codebase, as well as the BSV network itself. We will start the Bitails stress test today— not for hype, but to validate the infrastructure and codebase we’ve rebuilt around the vision of scalable blockchain for billions of people.The first phase focuses on expanding the UTXO set. We’re…

On April 25, POL marked its fifth day of gains, breaking a prolonged downtrend as ecosystem momentum and NFT demand picked up. According to crypto.news, Polygon’s native token, POL (formerly MATIC), surged nearly 20% to an intraday high of $0.26, pushing weekly gains to 34% and marking a 70% rebound from its monthly lows. Its market cap has once again crossed the $2 billion mark, standing at around $2.15 billion at the time of writing. A sharp rise in trading activity backed this rally. POL’s 24-hour volume also shot up 270% to over $340 million, signaling increased buying pressure. Meanwhile,…