Author: Yeek.io

Spot Bitcoin ETFs in the United States saw modest weekly inflows as Bitcoin rallied past $85k, driven by expectations of a softer Fed stance on rate cuts amid President Trump’s push to replace the Federal Reserve chair. Data from SoSoValue shows that 12 spot Bitcoin ETFs brought in $15.85 million in net inflows for the week, breaking a two-week outflow streak that saw $886 million leave the funds. From April 14 to 17, Bitcoin ETFs had a mixed but mostly positive run: $1.47 million came in on Monday, a solid $76.42 million on Tuesday, followed by a big $169.87 million…

Crypto exchange Bybit co-founder and CEO Ben Zhou says more than two-thirds of the digital assets stolen from the platform in February by North Korea’s Lazarus Group still remain traceable. In an executive summary on hacked Bybit funds posted on X on April 21, Ben Zhou said that of the total $1.4 billion hacked, 68.6% “remains traceable,” 27.6% has “gone dark,” and 3.8% has been frozen.The untraceable funds primarily flowed into mixers, then through bridges to peer-to-peer and over-the-counter platforms, he added. In February, hackers associated with the Lazarus Group exploited vulnerabilities in Bybit’s cold wallet infrastructure, stealing $1.4 billion in the…

Crypto exchange Bitget said it will reverse a number of trades and compensate affected users following an episode of abnormal activity in its perpetual futures market involving a relatively obscure digital token.The incident, which unfolded early Sunday, involved VOXEL, a token tied to the Polygon-based role-playing game Voxie Tactics. The token’s trading volume briefly surpassed that of Bitcoin, the largest and most liquid cryptocurrency. VOXEL, currently ranked 723rd by market capitalization according to CoinMarketCap, has surged more than 300% over the past week. Bitget announced that some users’ suspected market manipulation during this period triggered the risk control system, and…

Ethereum co-founder Vitalik Buterin has proposed replacing the Ethereum Virtual Machine with RISC-V, an open-source instruction set architecture, as the new foundation for Ethereum smart contracts. In a post shared on the Ethereum Magicians forum on Apr. 20, Buterin argued that the switch could drastically improve the performance and simplicity of Ethereum’s (ETH) execution layer. The EVM is responsible for executing smart contract code across the Ethereum network.  According to Buterin, its limitations have become a long-term bottleneck for scaling. He believes replacing it with RISC-V, a hardware-standard architecture already used in zero-knowledge EVMs, could provide massive improvements in proving…

 Cryptocurrency trading is exciting and profitable, but safety is a big concern for everyone. People want to know if their money and personal details stay secure on platforms like Binance. With so many crypto exchanges out there, picking a trustworthy one feels tricky. Hackers, scams, and legal issues make users nervous about losing everything. This guide will cover what Binance is and explain its various security measures, including past hacks and regulatory issues. We will also compare it with securities of other exchanges. Lastly, we will also cover whether Binance is a safe and legitimate crypto exchange for you.What is Binance…

Homepage > News > Finance > 42% of users prefer digital wallets for cross-border transfers: study A new report has highlighted the steady rise of digital wallet adoption for cross-border transactions, underscoring a growing shift in international payments. According to the report, digital wallets are seeing significant action in cross-border transactions, spiking by double-digit percentages over the last year. The study, a project of PYMNTS Intelligence and TerraPay, surveyed 2,600 individuals across the United Kingdom, the United States, Saudi Arabia, and Singapore. Most surveyed respondents indicate a keen preference for digital wallets over other payment alternatives for international transactions. A staggering 42% of respondents say digital wallets are the go-to choice when sending and receiving cross-border payments. Several reasons account for the rise of digital wallet applications in cross-border transactions. Meanwhile, 92% say the perceived transaction speed associated with digital wallets is…

Ethereum-based real-world asset (RWA) tokenization platform Blocksquare has partnered with a Florida-based real estate company to offer fractional ownership in a pipeline of US commercial properties valued at over $1 billion. Announcing the deal on April 18, Blocksquare and Vera Capital said a marketplace would launch in the coming weeks to enable global investors to buy tokenized shares in “dozens of properties” located across seven US states. The first tokenized properties that will be up for grabs are part of Vera Group’s existing holdings, which include a three-storey office building in Fort Lauderdale and a retail plaza in Dania Beach, according to…

Homepage > News > Business > Italy, India sign deal for scientific research, quantum, AI In an attempt to strengthen scientific collaboration between India and Italy, Anna Maria Bernini, Italy’s Minister of University and Research, who was in India recently, held a high-level meeting with Jitendra Singh, India’s Minister of State (Independent Charge) for Science and Technology, and signed a Memorandum of Understanding (MoU) that aims to bolster cooperation across several cutting-edge scientific fields. During the meeting, both leaders expressed a mutual commitment to advancing collaborative initiatives in frontier technologies, including quantum computing, artificial intelligence (AI), and biotechnology. According to a statement by India’s Ministry of Science &…

Brazilian police have confiscated cryptoassets worth $45,000 in a major raid on a protection racket ring that appears to have targeted businesspeople in the south of the country.The Portuguese-language media outlet Livecoins reported that officers served multiple warrants in several cities in the state of Rio Grande do Sul.Police think that the gang’s ringleaders are all prisoners, and that the entire racket was orchestrated from Brazilian jails.Protection Racket: Suspects ‘Used Crypto to Launder Funds’The raids come as part of a wider crackdown named Operation Timeo. The state’s Polícia Civil (PCRS) officers have said they seized tokens from crypto wallets and…

A new study by the Atlantic Council has revealed a dramatic rise in global interest in central bank digital currencies (CBDCs). According to the survey, a record 134 countries and currency unions, representing 98% of global GDP, are exploring CBDCs, marking a significant increase from just 35 countries in May 2020. Notably, all G20 nations are involved, with 19 in advanced stages and 13, including Brazil, Japan, India, Australia, Russia, and Turkey, already conducting pilot programs. The number of ongoing CBDC pilots globally has reached a new peak of 44. Source: Atlantic Council While CBDCs are often positioned as modernizing…