Author: Yeek.io

Ethereum core developers are considering a four times increase in the layer 1 gas limit as one of the key features for the next hard fork after Pectra, known as Fusaka.The devs are proposing to test a raise in Ethereum’s gas limit to 150 million by the Fusaka hard fork, according to Ethereum Improvement Proposal (EIP) 9678, introduced on April 23 by Sophia Gold, a developer on the protocol support team at the Ethereum Foundation. During the last All Core Devs Execution (ACDE) meeting, there were discussions to make the gas limit increase a “key feature” of Fusaka, Ethereum core developer…

The planning commission of Vilonia, Arkansas, unanimously rejected a proposal to establish a cryptocurrency mining facility within the city limits, following strong opposition from residents.According to local reports, the decision came after weeks of community pushback, where citizens voiced concerns over potential noise pollution, increased energy consumption and the overall environmental impact associated with crypto-mining operations.During public meetings, Vilonia residents expressed concern that the mining operation could disrupt the town’s quiet atmosphere and strain local infrastructure.Many pointed to examples from other regions where similar facilities led to rising electricity costs and constant noise from mining rigs.“I just want to ask,…

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. Ethereum is gradually regaining momentum after a recent correction, now trading above $1,700, reflecting a 12.2% increase over the past week. This recovery has drawn attention from analysts, who seem to be looking into the asset’s movement for signs…

The emerging blockchain industry lags behind the artificial intelligence sector in terms of job creation, but this hiring gap may narrow by 2030.Blockchain remains one of the smallest sectors in the tech industry, with about 300,000 global jobs, compared to 1.5 million in AI and machine learning and 25 million in software development, according to a new Bitget Research report shared with Cointelegraph.The blockchain sector added around 20,000 new jobs in 2024, according to job listings aggregated from platforms like LinkedIn, Web3 Jobs and Crypto Job List.Total workforce in tech industry. Source: Bitget ResearchWhile blockchain-based jobs had an average compound…

Key Takeaways: The facility provides Riot with capital for strategic growth without issuing new equity, preserving shareholder value. The loan bears interest tied to the federal funds rate. Riot plans to use the funds to support key initiatives and general corporate needs. Riot Platforms, Inc., a Bitcoin mining firm, announced on Wednesday that it has secured a $100 million credit facility from Coinbase Credit, Inc., a subsidiary of Coinbase Global. Riot Platforms Announces $100 Million Credit Facility with @Coinbase.“Riot has entered into its first bitcoin-backed facility, which provides us with non-dilutive funding at an attractive cost of financing,” said @JasonLes_,…

US President Donald Trump’s memecoin team denied social media rumors that holders of the Official Trump (TRUMP) token need at least $300,000 to participate in an upcoming dinner with the president. On April 25, the official X account of the Trump memecoin clarified that there is no $300,000 requirement to join the memecoin project’s dinner event featuring the US president. The rumor stemmed from community members citing the Solana blockchain explorer showing holders on the token’s contract address. At the time of writing, the explorer shows that the 220th-largest holder has 33,114 TRUMP, worth more than $400,000. However, the memecoin team…

BONK confirmed a breakout with a 17.28% Open Interest spike and bullish price structure. Positive funding, exchange outflows, and liquidation risk support further upside momentum. Bonk [BONK] has officially broken above its multi-month descending channel, confirming a bullish breakout that could mark the beginning of a significant trend reversal.  At press time, BONK traded at $0.00001595 after climbing 12.56% in the past 24 hours. The price approached the $0.00001900 resistance level—a crucial barrier that could either validate the breakout or stall momentum.  If this level is flipped into support, BONK could rally as high as $0.00003257, a potential 108% gain.…

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. Justin Sun, the founder of the Tron blockchain, predicts that Ethereum’s price will surge to $5,000 in the next few months. His prediction is made as Ethereum gears up to celebrate its 10th anniversary in July 2025. Related Reading…

The new Theo network has raised $20 million in funding in a round led by Hack VC and Anthos Capital.According to the press release shared with Cryptonews, the round also saw participation from a number of venture capital firms. These include Manifold Trading, Mirana Ventures, Metalayer Ventures, Flowdesk, SCB, MEXC, Amber Group, and Selini Capital.Additionally, angel investors from traditional finance trading firms, including Citadel, Jane Street, JPMorgan, HRT, Optiver, IMC, and 5 Rings joined as well. We’re excited to announce our $20m raise, led by @Hack_VC and Anthos Capital with participation from @ManifoldTrading, @mirana, @metalayervc, SCB, @ambergroup_io, @SeliniCapital, @MEXC_Official, and…

Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency.On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging in crypto and stablecoin activities. The withdrawal spurred a notable uplift in Bitcoin (BTC) investor sentiment.The Federal Reserve Board’s withdrawal giving banks guidance on crypto activities. Source: Federal ReserveThe 2022 guidance initially warned that crypto may pose risks to investors and the stability of the US financial system.The Fed’s move means that “banks are now free…