Author: Yeek.io

AI-focused crypto tokens are seeing a dip as Nvidia, the top AI chipmaker fueling the space, could soon take a major financial hit due to new U.S. export restrictions. In a filing on April 14, Nvidia said it expects around $5.5 billion in charges for the first quarter of fiscal year 2026 because of U.S. government rules limiting its AI chip sales to China. On April 9, officials told Nvidia it now needs special export licenses for its popular H20 chips and others with similar capabilities. The new restrictions target China, Hong Kong, and Macau, with the government warning that…

Bybit is reversing and reissuing all PAWS tokens after botching the airdrop, leaving users angry and waiting for answers. Cryptocurrency exchange Bybit is reversing its April 15 airdrop of PAWS tokens and plans to redistribute them again after a flawed distribution left some users with extra tokens, others with none, and prompted widespread complaints. In a blog announcement on Wednesday, the exchange said that the PAWS project team “has provided a revised eligibility list, which includes previously omitted participants.” It’s unclear how many participants where omitted, though Bybit reminded that users based in the European Economic Area “remain ineligible” for…

The Solana ecosystem is experiencing a remarkable resurgence, with over $36 million in inflow recorded in just the past week. Fueled by robust network activity, rising token prices, and a vibrant memecoin trend, Solana is reclaiming its position as a top destination for traders and investors. This article dives into the data and trends driving this surge, highlighting why Solana is once again capturing the crypto spotlight.Solana’s Cash Tsunami: Millions Inflow!Recent data underscores Solana’s growing appeal. According to Wormhole, the recent Solana inflow recorded has been approximately $37 million over the past seven days, signaling strong investor confidence.Source: WormholeAdditionally, Artemis…

Coinbase Research has warned that a combination of technical breakdowns, declining investor sentiment and macroeconomic pressure could signal the onset of a new crypto winter, potentially mirroring the harsh downturn that gripped digital assets between late 2021 and early 2023.In a note published Tuesday, David Duong, head of institutional research at Coinbase, said several key indicators are flashing red. Both Bitcoin and the Coinbase COIN50 index have fallen below their 200-day moving averages, a level many traders view as a dividing line between bullish and bearish trends.Altcoin Market Shrinks Sharply, While Venture Capital Fails to ReboundThe broader crypto market is…

The team behind the official TRUMP meme coin sparks rug pull concerns among traders after removing $4.6 million from its liquidity pool ahead of a $320 million token unlock. In a recent post, on-chat data analysis from LookOnChain revealed that developers of the presidential meme coin previously extracted a large chunk of USD Coins (USDC) from its liquidity pool, worth $4.6 million. The USDC pile is later bridged to Ethereum (ETH) before they were deposited into Coinbase Prime. Coinbase Prime is a brokerage platform that is mainly used for institutional investors. It offers institutional traders a variety of on-chain services…

An admin account exploited 111 million ZK tokens, resulting in a massive $5M hack that woke up the crypto community this week. While ZKsync assures users their funds are safe, the incident has reignited concerns about the platform’s security and reliability.How ZKsync Lost $5M in a Flash?The breach was as swift as it was devastating. ZKsync’s security team revealed that an admin account, tied to three airdrop distribution contracts, was compromised. Address 0x842822c797049269A3c29464221995C56da5587D was considered the attacker, exploiting the sweepUnclaimed() function to mint 111 million ZK tokens—worth $5M—straight from the airdrop reserve.Source: XThis incident, though isolated to the airdrop contracts,…

Homepage > News > Business > Treat data like food: A framework for data quality This post is a guest contribution by George Siosi Samuels, managing director at Faiā. See how Faiā is committed to staying at the forefront of technological advancements here. Why data quality—not quantity—will make or break your AI projects As an enterprise leader navigating the artificial intelligence (AI) or blockchain landscapes, you’re likely facing a sobering reality: 78% of AI projects fail due to poor data quality. The numbers don’t lie, but neither does the solution waiting in the wings.  I propose a “Treat Data Like Food” framework, which offers a simple analogy…

  61.91% of top traders were found to be shorting SHIB. Traders were over-leveraged at $0.0000117 on the lower side and $0.00001245 on the upper side. Shiba Inu [SHIB] appears bearish and is poised for a price decline. Currently, the overall cryptocurrency market sentiment remains uncertain due to notable volatility in top assets, making traders and investors hesitant to participate in memecoins. Amid this, SHIB recorded a price decline of 3.50%, at press time, over the past 24 hours and was trading near $0.0000119. During the same period, its trading volume dropped by 17%, indicating lower participation from traders and…

Key takeawaysPi coin finally went live on open mainnet in February 2025, unlocking real-world use cases after years in closed beta.You can spend Pi coin, but mostly within P2P communities and KYC-verified Pi apps — mainstream adoption is still in its early stages.Pi is now tradable on several CEXs, such as OKX, Bitget and MEXC, but Binance still hasn’t listed it despite 2 million+ user voters lobbying for the listing.Merchant adoption is growing slowly, with real goods and services being exchanged for Pi in localized markets and app-based ecosystems.Often described as a crypto for the people, Pi is a decentralized…

Cryptocurrency scammers hijacked the X account of UK member of parliament Lucy Powell to hype up a scam token and dump it on unsuspecting traders. On April 15, Powell, who is the Leader of the House of Commons, appeared to promote a Solana-based cryptocurrency called the House of Commons Coin through her verified account on X. The posts claimed HOC was “a community-driven digital currency,” directing followers to buy in. A staff member from Powell’s team later confirmed to the BBC that Powell’s account had been compromised and said that steps were taken quickly to lock it down and remove…