Author: Yeek.io

The Federal Court of Australia has sided with fintech firm Block Earner in an appeal against a ruling that found it was required to hold a financial services license for its now-discontinued crypto-related products. Block Earner’s crypto-linked fixed-yield earning product is not a financial product, or a managed investment scheme, and is not a derivative under the Corporations Act, Justices David O’Callaghan, Wendy Abraham and Catherine Button said in an April 22 judgment. The trio said Block Earner’s yield product couldn’t be classed as an investment or financial product because users loaned crypto under fixed terms for interest payments and didn’t pool…

As Solana regains momentum in both infrastructure and user activity, what we’re seeing now isn’t just another gold rush, it’s a maturing ecosystem where user engagement, protocol stickiness, and network loyalty increasingly determine who gets rewarded. Projects are no longer distributing tokens at random. Instead, they’re carefully tracking wallets, behaviors, and long-term commitment through points systems, quests, and usage patterns.In this new airdrop cycle, being early still matters, but being consistent matters more. Below are five projects currently building strong traction on Solana, each with high airdrop potential:Gradient NetworkExponent FinanceHuma FinanceRainFiLuloRead more: Top 5 Best Airdrop Farming Projects on Solana…

Nearly half of Americans have a negative view of tech billionaire Elon Musk and his electric automobile company Tesla, a new poll conducted by CNBC that was published on Tuesday shows. According to the CNBC All-America Economic Survey, 50% of those surveyed have a negative view of Musk, while 47% have a negative view of Tesla itself.Elon Musk Polarizes Americans, New CNBC Poll FindsConducted between April 9 and April 12, the poll shows that just 27% of participants feel positively about Tesla, with 24% neutral about the Austin, Texas-based company.Similarly, just 36% saw the SpaceX CEO in a positive light,…

Homepage > News > Business > Pakistan turns to BTC mining with excess electricity Pakistan has become the latest country to explore block reward mining with excess electricity amid an economic crisis that has shrunken power demand in the South Asian nation. The new initiative is being spearheaded by the recently formed Pakistan Crypto Council, whose mandate relates to making the country a digital asset hub. CEO Bilal Bin Saqib told Reuters that the government would also promote the development of artificial intelligence (AI) data centers with surplus power. The location of the facilities will be based on the power…

Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the increasing connection between crypto and traditional finance (TradFi).“There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange.“Crypto players are now checking out traditional finance as they see the opportunity to bridge it,” Chen told Cointelegraph.“The lines are blurring — investors want flexibility, and products that can straddle both worlds are naturally attractive,” Chen said. “Some players see TradFi as a safety net; others, like Bitget,…

A new survey has found that over half of South Korean adults have previously traded or currently trade crypto.The survey was conducted by the Korea Financial Consumer Protection Foundation (KFCPF), the South Korean news agency Yonhap reported on April 22.Half of South Koreans Now Trading Crypto, Survey FindsThe KFCPF spoke to 2,500 men and women aged 19 to 69. Respondents were all residents of Seoul, Gyeonggi Province, and six other metropolitan areas.Trading volumes on the South Korean market-leading crypto exchange Bithumb over the past 12 months. (Source: CoinGecko)The survey also found that 52% of respondents said they had “made a…

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 trading at key levels as price action consolidates above the $1,500 mark. After weeks of high volatility and macro-driven selling pressure, ETH is showing signs of stability — and analysts are watching closely. A breakout above nearby…

Homepage > News > Business > AI chip manufacturing derails climate progress in East Asia A new report has identified a spike in the electricity consumption rates of artificial intelligence (AI) chip manufacturing by 350% since 2023. The research paper, published by Greenpeace East Asia, notes that East Asia bears the brunt of the climate impact of AI chip manufacturing. Asian countries like Taiwan and South Korea are leading hubs for semiconductor manufacturing but soaring electricity demand is denting climate change targets. Semiconductor manufacturing plants in the region are turning to fossil fuels to power their operation. The combined global…

Dutch banking giant ING is reportedly preparing to launch a euro-denominated stablecoin, marking a potential new entrant into Europe’s growing regulated digital asset space. According to a report by CoinDesk on April 22, ING is collaborating with several other banks to form a consortium that will develop and issue the stablecoin.ING Eyes Euro Stablecoin as Part of EU Bank ConsortiumThe project is still in its early stages, and progress has been slow. Two people familiar with the matter said that multiple banks involved in the initiative are still awaiting board approvals and regulatory clearance to set up a joint entity.…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum‘s price continues to display notable weakness and volatility, recording bearish monthly performances in the past few months. Despite the prolonged waning price movements, the network has experienced an uptick in activity, with investors significantly flocking to the blockchain. Surge In Ethereum New Adoption Rate Even though Ethereum’s price has faced notable bearish pressure, the network is witnessing a fresh wave of adoption. In a recent X post, world-leading market intelligence and on-chain data platform IntoTheBlock revealed a sharp uptick in ETH’s new users adoption rate. According…