Author: Yeek.io

Key Takeaways: The SEC will host its third crypto-focused roundtable of 2025, titled “Know Your Custodian: Key Considerations for Crypto Custody,” on April 25 at its Washington D.C. headquarters, with a focus on the complexities of cryptocurrency custody. Panelists include top legal and strategy executives from leading crypto firms like Fireblocks, Fidelity Digital Assets, Etana Custody, and 1kx, highlighting the SEC’s effort to involve industry voices in shaping regulatory frameworks. Led by Commissioner Hester Peirce, the newly formed Crypto Task Force aims to move away from the SEC’s previous regulation-by-enforcement model, seeking instead to establish clear guidelines and practical pathways…

Exchanges have witnessed an outflow of 49.89 million DOGE coins. 54% of top traders are going long on the memecoin. After being in a downtrend for over 90 days, Dogecoin [DOGE], the largest memecoin, appears to be breaching its prolonged descending trendline. This trendline has a strong history of triggering selling pressure, but this time, sentiment seems to be shifting as whale activity and trader confidence skyrocket. Whales’ rising interest in Dogecoin Over the past few days, whales have shown strong interest in the memecoin, leading to massive accumulation, as reported by a crypto expert. Recently, the expert posted on…

Homepage > News > Business > AI could wipe out 40% of Africa’s $35B tech outsourcing jobs Africa’s business process outsourcing (BPO) sector is projected to hit $35 billion by 2028, but advancements in AI-powered automation could wipe out over 40% of the industry’s jobs, a new report has revealed. The report estimated that just over a million Africans work in BPO and information technology-enabled services (ITES), representing 2% of the global workforce. India, the Philippines and China dominate the sector. While the number of Africans in ITES and BPO is modest, the report estimates that it will grow into a $35…

Ethena Labs, the developer of the USDe synthetic dollar (USDe), and financial technology company Securitize, released a preliminary roadmap for their upcoming Converge network, a high-throughput blockchain focused on real-world assets and decentralized finance (DeFi).According to the announcement, a testnet will be live in the coming weeks, with a mainnet launch later in 2025. Converge will feature a 100 milliseconds (ms) native block time, with plans to reduce block times to 50ms by Q4 2025. The developers also plan to achieve at least one gigagas of potential throughput during 2025. Gigagas is a measure of billions of gas units processed…

Velora plans to leverage the Across Protocol to enable users to perform cross-chain swaps in a single transaction. Cross-chain interoperability is one of the most important trends in crypto today. On Thursday, April 17, DEX platform Velora partnered with Across Protocol. In a press release shared with crypto.news, the company stated that the partnership will allow users to easily swap assets across multiple chains. The integration of the Across Protocol will enable Velora users to trade assets across more than 17 chains. Moreover, traders will be able to execute swaps between any of these chains in a single transaction. Velora…

Crypto payments protocol AEON is partnering with Stellar to accelerate the adoption of crypto for payments across Southeast Asia. AEON’s strategic partnership with Stellar (XLM) allows for support for XLM and Stellar-native USDC (USDC) as accepted payments at retail stores across major cities in Southeast Asia. The collaboration will also expand the blockchain solution across Africa and Latin America, AEON said in a press release. XLM and USDC payments will be facilitated through AEON Pay, a web3-powered mobile solution that enables real-world purchases at major retailers. Currently, the service connects to more than 10,000 brands and 20 million QR-enabled stores…

Etherlink’s TVL has surged 12x to over $18 million as the Apple Farm incentive program accelerates ecosystem adoption and DeFi activity. Etherlink, the EVM-compatible Layer 2 built on Tezos Smart Rollups, has seen significant growth since transitioning from its beta phase in February. Central to this growth is the $3m Apple Farm rewards initiative, which has surpassed expectations by pushing Etherlink’s total value locked (TVL) from $1.4 million to over $18 million within weeks. The Apple Farm program has been instrumental in driving user engagement and transaction activity across Etherlink’s dApps. IguanaDEX, a decentralized exchange on the network, recorded $150…

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 around the $1,600 level after several days of failed attempts to reclaim higher prices. Bulls are showing signs of life, but their momentum remains weak as bearish pressure continues to dominate the market. Despite a brief…

Key Takeaways: NODE selects over 30 crypto companies for diversified regulatory exposure. The ETF sidesteps SEC rules by avoiding direct crypto ownership. Employs Cayman corporate structure for 25% crypto exposure. VanEck, a leading asset management firm, has announced regulatory approval for its Onchain Economy ETF (NODE), which is scheduled to launch on May 14. The ETF, which is actively managed, is designed to give investors direct equity exposure to the companies driving digital asset infrastructure without the need to hold cryptocurrencies.The development was confirmed by Matthew Sigel, Head of Digital Assets Research at VanEck’s in an April 16 post.VanEck initially…

Justin Sun, the founder of Tron, has recently highlighted a strong yield farming possibility using $sTRX (Staked TRX) and $USDD (Decentralized USD), two of the most significant tokens in the Tron ecosystem.Sun posted a detailed thread on X, outlining six reasons why farming with $sTRX and $USDD offers several advantages and represents what he calls the “ultimate yield farm.” Justin Sun Reveals Best Yield Farming Strategy, Source: XThese two tokens, which are part of the Tron platform, offer competitive rewards, convenience, and long-term viability, making them interesting to both newbies and experienced cryptocurrency investors. Many farming protocols require users to lock…