Author: Yeek.io

Lorenzo Protocol is set to kick off an exclusive Token Generation Event (TGE) through Binance Wallet, in collaboration with PancakeSwap. Taking place on the BNB Smart Chain, this event features a $200,000 subscription pool for BANK tokens, offering users an early opportunity to acquire the protocol’s native governance and utility asset.Event DetailsToken name: Lorenzo Protocol (BANK)Blockchain: BNB Smart ChainSubscription Window: April 18, 2025, from 09:00 AM to 11:00 AM UTCTotal Raise: $200,000 (in BNB)Tokens Available: 42,000,000 BANK (2% of the total supply)Token Price: $0.0048 USD/BANK (pay in BNB)Maximum Contribution Limit: 3 BNB per userAllocations will be distributed proportionally according to…

Crypto exchange Kraken has quietly reduced its workforce in recent months, trimming headcount across multiple departments as it streamlines operations in anticipation of a possible US public listing next year.CoinDesk reported Friday that the downsizing affects “hundreds of staffers.” The move follows a 15% workforce cut in October, which included the departure of key executives and a broader restructuring of internal teams. At the time, Kraken laid off 400 employees, including chief operating officer Gilles BianRosa and chief technology officer Vishnu Patankar. The company simultaneously appointed veteran tech investor Arjun Sethi as co-chief executive alongside Dave Ripley. In preparation for…

What is an Initia? It is a decentralized network designed to streamline the development of blockchain applications. By merging Layer 1 and Layer 2 technologies, it offers enhanced scalability and a unified platform for developers. In this article, we’ll dive into Initia’s innovative architecture, key features, and the role of the INIT token.What is Initia?Initia stands as a transformative network that tackles the challenges of fragmentation and complexity often encountered in the realm of decentralized application (dApp) development. The essence of Initia’s mission is to foster an environment where developers are empowered to focus on innovation rather than navigating technical…

Homepage > News > Business > Metaverse gets nod in education; Meta boosts AI dominance As the metaverse continues to evolve, a new report suggests that educational applications could be a significant growth area for this emerging technology. Metaverse in education is projected to clinch a market valuation of $69.4 billion by 2032 from its market capitalization of $3.85 billion in 2024. The leap during the forecast period represents a compound annual growth rate (CAGR) of 37.90%. Several factors are driving metaverse in education growth over the next seven years. Top on the list is the desire for innovative learning…

Crypto research firm Galaxy Research has made a proposal to adjust the voting system that decides the outcome of future Solana inflation following the failure to come to a consensus in a previous vote.On April 17, Galaxy introduced a Solana proposal called “Multiple Election Stake-Weight Aggregation” (MESA) to reduce the inflation rate of its native token, SOL (SOL). The researchers described the proposal as a “more market-based approach to agreeing on the rate of future SOL emissions.”Rather than using traditional yes/no voting for inflation rates, MESA allows validators to vote on multiple deflation rates and uses the weighted average as…

Whale transactions ranging from $1 million to $10 million have dropped by 50%. 59.17% of top traders are currently short on SHIB. Amid market uncertainty, Shiba Inu [SHIB] appears bearish and is poised to continue its downward momentum. This negative outlook is likely driven by bearish price action and weak interest from traders and investors. At the time of writing, traders leaned heavily bearish, as per Coinglass data. SHIB’s Long/Short Ratio sat at 0.69—well below 1, implying more shorts than longs. In fact, 59.17% of top traders held shorts, while only 40.83% were long. Source: Coinglass On top of that,…

The South Korean Financial Intelligence Unit (FIU) has extended the period of its on-site inspection of the Bithumb crypto exchange, with a Coinone inspection set to start next week.The media outlet Daehan Kyungjae reported that FIU, which answers to the Financial Services Commission (FSC), will wrap up its investigation on April 18.The probe began on March 17, and was originally planned to conclude on March 28. The investigation is primarily aimed at checking exchanges’ compliance with anti-money laundering protocols.After Bithumb, Coinone will be the last of South Korea’s five fiat KRW-trading exchanges to face the FIU probe.Bithumb, Coinone – Regulators…

Homepage > News > Business > Here’s why you shouldn’t miss “The Strategic Shift” on April 24 Let’s face it—technology is moving fast, and if your business isn’t in the cloud yet, you’re already playing catch-up with different firms worldwide. That’s why “The Strategic Shift: Why Transition to SaaS is the Right Decision in 2025” happening in Manila is a must-attend event for anyone serious about staying competitive in today’s digital world. Happening on April 24, 2025, at Makati Sports Club, Dasmariñas Hall, from 9:00 a.m. to 2:00 p.m. PST, this event will explore the transformative power of Software as a Service (SaaS) and…

Opinion by: Alexander Guseff, founder and CEO of TectumCrypto companies have spent years pushing digital wallets and exchange apps, convinced they’ll bring financial inclusion to the world. Here’s the reality: 1.4 billion people remain unbanked, and crypto adoption has barely exceeded 8%. For all the talk about decentralization and accessibility, the industry continues to overlook the billions of people who rely on cash for their daily lives.In developing economies of Africa, South Asia and Latin America, cash is not just dominant — it’s essential. Banking services are sparse, smartphone penetration is low, and digital literacy remains a hurdle. Expecting these…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Given the continued volatility in the general crypto market, several major digital assets such as Ethereum and Bitcoin experienced a decrease in investor participation. As a result, the two crypto giants were faced with significant selling pressure, with ETH recording more losses than Bitcoin. Ethereum Outpaces Bitcoin In Recent Losses Over the last few days, Ethereum and Bitcoin have struggled with notable bearish pressure that has hampered their upward movements. During this volatile period, seasoned market expert and host of the Crypto Banter show, Kyle Doops, has…