Author: Yeek.io

Homepage > News > Business > S. Korea’s pension services target blockchain for $890B fund South Korea’s National Pension Service (NPS) is mulling over the prospect of turning to blockchain to streamline its accounting processes. A local news outlet reports that the NPS is opening the doors for blockchain service providers to pitch Web3-based solutions to the pension board. Currently, the NPS controls 1.2 trillion won (US$836 billion), and the bulk of the blockchain-based solution will revolve around its fund transaction systems. The NPS will seek solutions for increased security and transparency for its funds while streamlining deposits and withdrawal…

Traders are embracing diametrically opposed exchange-traded fund (ETF) strategies in a bid to navigate one of the most unpredictable financial markets in recent history, according to data from Bloomberg Intelligence. The year-to-date has seen record inflows to ETFs providing leveraged long exposure to volatile assets such as stocks and cryptocurrencies, as well as funds holding risk-off assets such as cash and gold, the data shows. “[T]here’s basically record flows going into leveraged long ETFs but also cash and gold ETFs as people buy the dip and hedge the dip at the same time. May the best degen win!,” Bloomberg Intelligence analyst Eric…

The United States Securities and Exchange Commission (SEC) charged Ramil Palafox and his company PGI Global on Tuesday for allegedly running a massive fraud scheme that saw investors defrauded of $198 million.PGI Global, Ramil Palafox Face SECAccording to an April 22 press release from the federal regulator, PGI Global sold “membership” packages that promised “guaranteed high returns” from crypto and foreign exchange trading. SEC charges Ramil Palafox with $198M crypto fraud scheme through PGI Global. Allegedly swindled 90,000 investors while spending $57M on Lambos and luxury items. $BTC trading promises were all lies. Full Story Below — Blockonomi (@blockonomi) April…

AI agents are gaining traction, with AI16Z staying bullish from the symmetrical triangle formation in LTFs. The daily trading volume reached $266.86 million, while OI reached $77 million. The AI agent ai16z [AI16Z] token created its symmetrical triangle breakout on the lower time frame, suggesting potential upward trend. The price surged about 38% in the last 24 hours, as per CoinMarketCap. The descending resistance trendline of the triangle showed strength by intersecting $0.1479, while price broke through this level, accompanied by increasing trading volume. AI16Z could surge by 62% from its breakout zone if it reached the $0.2350 price level.…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) is beginning to show signs of a potential bullish reversal, with the second-largest cryptocurrency by market cap climbing 9.1% in the past 24 hours. Alongside the price surge, Ethereum’s network activity has seen a notable uptick. Ethereum Network Activity Explodes Amid Price Rally According to a recent CryptoQuant Quicktake post by analyst Carmelo_Aleman, Ethereum’s active addresses have surged significantly over the past few days. Between April 20 and April 22, ETH active addresses jumped from 306,211 to 336,366 – an increase of 9.85% in just…

If you’re a technology or crypto coins enthusiast interested in diversifying your cryptocurrency trading portfolio, you may ask yourself how to buy altcoins. Apart from Bitcoin (BTC) and Ether (ETH), several other promising other coins offer growth, innovation, and profit-making opportunities.This guide explains the step-by-step process for buying and selling altcoins to help you make an informed investment decision in the cryptocurrency market. What are Altcoins and Why Do People Buy Them?The term “altcoins” is the short form for “alternative coins” and refers to any other popular cryptocurrency apart from Bitcoin (BTC). The word implies that altcoins are alternatives to traditional…

Homepage > News > Business > Philippines opens sandbox for ‘crypto’ service providers The Securities and Exchange Commission (SEC) of the Philippines has officially opened applications for its Strategic Sandbox (StratBox), a regulatory program tailored for Crypto-Asset Service Providers (CASPs). Announced through SEC Memorandum Circular No. 09-2024, the StratBox initiative is designed to provide a supervised environment for testing innovative digital currency-related services to shape future regulations in the sector. “The Commission hereby requests all interested parties to take note of the ‘SEC Strategic Sandbox (StratBox) for Crypto-Asset Service Providers (CASPs),’” the SEC stated in its official notice dated April…

U.S. President Donald Trump is planning a private dinner for the top 220 holders of the $TRUMP meme coin, drawing renewed attention and a sharp rally in the token’s price.The exclusive event will take place on May 22 at the Trump National Golf Club in Washington, D.C., and is designed to reward high-ranking token holders.The dinner, described as an “intimate private” gathering, will include a speech from Trump on the future of cryptocurrency. The invitation-only event is open to those who hold the largest average balances of $TRUMP between April 23 and May 12. A real-time leaderboard has been launched…

Fartcoin witnessed a 126% rally in two weeks, and the demand for the memecoin was still strong. The MFI indicator signaled a bearish divergence, just as the price tested the $1.15 resistance level. Fartcoin [FARTCOIN] briefly climbed past the Bonk [BONK] memecoin in market capitalization in the early hours of the 23rd of April. FARTCOIN reached $1.16 billion, while BONK’s market cap was at just a few million below this mark. This state of affairs did not last long, and BONK regained the #2 ranking behind Official Trump [TRUMP] among Solana [SOL] memecoins. Yet, this attempted overthrow was a statement…

Ethereum (ETH) has recently reclaimed the $1,800 mark after weeks of trading between $1,500 and $1,700. This price surge, coupled with strong on-chain activity and growing whale interest, raises the question: Is this movement a genuine bullish signal for ETH, or just a temporary spike? Let’s dive into the details.ETH Shows Signs of a Bullish ComebackAfter a challenging two-week period where ETH lingered between $1,500 and $1,700, the cryptocurrency has notably recovered, hitting $1,800 on April 23. This price movement aligns with several positive indicators for Ethereum’s ecosystem. Ethereum’s ecosystem’s total value locked (TVL) has reached $46.719 billion, reflecting growing…