Author: Yeek.io

Homepage > News > Finance > US lawmakers eye leveraging blockchain against finance scams United States lawmakers from the House of Representatives have introduced bipartisan legislation to combat financial fraud and so-called “pig butchering scams” that target older U.S. citizens, particularly via online means. The bill would support law enforcement officers in using blockchain technology and permit federal law enforcement to assist state and local law enforcement with tracing tools for blockchain technology. The ‘Guarding Unprotected Aging Retirees from Deception (GUARD) Act’ was introduced on April 21 by Republican Representative Zach Nunn (R-IA) and co-sponsored by fellow Republican Rep. Scott Fitzgerald…

68.28% of top DOGE traders on Binance may be holding long positions, indicating a bullish signal DOGE’s price could soar only if it closes a daily candle above the $0.185-mark With its impressive upside momentum, Dogecoin (DOGE) has been making waves and garnering massive attention from whales and investors. In fact, over the past few days alone, the memecoin broke out of a descending trendline on the charts. At the time of writing though, the price appeared to be consolidating. Surge in whale participation, bullish signal? This ongoing consolidation, along with rising whale transactions, hinted at potential accumulation and could…

Crypto exchange Bitget says it is sending letters from its lawyers to account holders it alleges were involved in manipulating the price of perpetual futures contracts tied to the VOXEL token.Eight account holders that the exchange accuses of being involved in the April 20 incident and who allegedly pocketed $20 million between them will receive a letter from the exchange’s lawyers in “quick succession,” Xie Jiayin, Bitget’s head of Chinese operations, said in an April 27 X post.“These eight accounts are the main instigators of the VOXEL incident and have improperly gained more than 20 million US dollars from it,”…

Crypto exchange Bitget has launched legal action against eight accounts it accuses of manipulating VOXEL token trading and profiting over $20m during a sudden market surge on April 20.The company’s head of Asia, Jiayin Xie, said on X that legal letters had been sent to the accounts, which it believes were operated by a professional arbitrage group. Bitget, which is headquartered in Victoria, Seychelles, said it plans to return any recovered funds to users through an airdrop.The incident unfolded when VOXEL, the token associated with the Polygon-based game Voxie Tactics, saw an extraordinary spike in trading volume last week. At…

World Liberty Financial founders met with Binance co-founder Changpeng Zhao to discuss ways to grow crypto adoption and set new industry standards. Announced on Apr. 27 via a post on X, WLFI said its founders Zach Witkoff, Zak Folkman, and Chase Herro sat down with CZ in Abu Dhabi to discuss growing global adoption and the next steps for crypto innovation.   The meeting is part of WLFI’s ongoing strategy to penetrate new markets. As no direct funding announcements or new token issuances have been made public, the meeting’s immediate results are still unknown. In another related development, on Apr. 27,…

In the age of artificial intelligence, it’s easy to believe that our digital world operates without consequence. You tap a screen, prompt an AI to generate music or text, or upload a photo to the cloud, and it all just works—seamlessly, invisibly. But behind this frictionless user experience lies an immense physical infrastructure with very real energy demands. A growing number of experts are sounding the alarm: the convenience of our digital era is coming at a steep environmental cost, one we can no longer afford to ignore. The Alarming Forecast A recent report by the International Energy Agency (IEA)…

Homepage > News > Business > Smart building IoT market to grow 21.19% by 2030 While Internet of Things (IoT) technology records advanced utilities in supply chain and manufacturing, a new report predicts that IoT-based smart buildings will grow. The report compiled by QKS Group projects smart building IoT to reach a market with a compound annual growth rate (CAGR) of 21.19% by 2030. Per the report, Smart Building IoT platforms are surging in popularity, leapfrogging the combined sector growth pre-2020 over the last three years. QKS Group analysts say that the trend will continue, driven by several factors, including…

Homepage > News > Finance > Kenya prepares tokenizing RWAs on homegrown exchange Canadian blockchain firm DeFi Technologies Inc. has partnered with the Nairobi Securities Exchange (NSE) to develop the Kenya Digital Exchange (KDX), a platform for tokenizing real-world assets (RWAs). The KDX will tokenize a diverse array of assets, from debts and equities to commodities and funds. The partners said that it will also offer a platform for the issuance and trading of these assets. Valour Inc., the exchange-traded product (ETP) issuance and asset management subsidiary of DeFi Tech, and SovFi Inc., a tokenization platform, are also involved in the initiative. “This…

Whales have changed their minds and have begun channeling funds back into the TRUMP token as they accumulate. The derivatives market metric gives a mixed signal on the possible direction of the price from its current level. In the past 24 hours, Official Trump [TRUMP] recorded a modest 1.57% gain, a sharp contrast to last week’s 79% surge. Whale accumulation and spot market trading activity have remained high; however, some derivatives metrics show that sellers are opposing TRUMP’s attempt to repeat last week’s move. Whales accumulate TRUMP again In fact, whales appeared to be betting on TRUMP again, as interest…

A Russian provincial governor has claimed that associated gas produced at oil drilling sites could provide a solution to ongoing Bitcoin mining-related concerns.Earlier this month, the BTC mining hotspot of Irkutsk unveiled the nation’s first-ever year-round ban on crypto mining in the southern part of the oblast.This move came just months after Moscow imposed a wintertime ban on crypto mining in 10 Russian and Russian-controlled regions until 2031.Russian Gas Alternative for Irkutsk Bitcoin Miners?Per the Russian news agency Interfax, the Irkutsk Governor Igor Kobzev has urged major players in the mining market to join forces with oil and gas companies.A…