Author: Yeek.io

  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…

China is reportedly intensifying efforts to clarify how to handle a ballooning trove of cryptocurrencies confiscated in criminal cases, as the absence of unified rules triggers concern over corruption and inconsistent enforcement.Although crypto trading is banned in China and digital assets are neither legal tender nor recognized property, local courts and governments have quietly continued to seize Bitcoin and other tokens linked to crimes ranging from internet fraud to illegal gambling. Lawyers, judges and law enforcement officials are now urging regulatory reform to bring transparency and structure to this grey area, Reuters reported Wednesday.Without established guidelines, some fear the current…

Binance and other crypto exchanges have been experiencing service issues due to a temporary network interruption in the AWS data center. This disruption impacted users’ ability to trade and withdraw funds, but the platform has since gradually recovered.Incident DetailsEarly on April 15, 2025, Binance was one of the first to acknowledge the problem via an X post at approximately 08:05 UTC. Binance stated, “We are aware of an issue impacting some services on the #Binance platform due to a temporary network interruption in the AWS data center”. Source: BinanceTrading activities were partially disrupted, with some orders failing while others succeeded. Binance…

Homepage > News > Business > Africa calls for harmonized policies to tap AI opportunity African nations must work together and mobilize their resources to fully capitalize on the $2.9 trillion opportunity that artificial intelligence (AI) presents to the region. This was the consensus at the Global AI Summit on Africa, held recently in Kigali, Rwanda. The Summit was the biggest of its kind, bringing together over 2,000 investors, policymakers, political and state leaders, innovators, founders, and other stakeholders from Africa and beyond.  In his speech, newly elected African Union Commission Chair Mahamoud Ali Youssouf called for African nations to harness their…

Binance has introduced the launch of Initia (INIT) on the pre-market of the perpetual market.Listing DetailsToken name: INIT (Initia)Pre-market open date: 2025-04-16 06:30 (UTC)Capped funding rate: +2.00% / -2.00%Maximum leverage: 5xDo note that INIT is only able to be traded on the perpetual contract of the pre-market on Binance.About Initia (INIT)Initia is an innovative blockchain project, aiming to address multichain fragmentation and simplify decentralized application (dApp) development. Built on the Cosmos SDK, Initia integrates Layer 1 (L1) and Layer 2 (L2) technologies to create a scalable, interoperable ecosystem called the “Interwoven Economy.” Its architecture supports multiple virtual machines (MoveVM, WasmVM,…

The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many in the community argue that the two projects share nothing in common besides visual similarities in price charts.“While it’s tempting to draw parallels between OM’s recent crash and the Terra Luna collapse, they’re fundamentally very different events,” said Ben Yorke, vice president of ecosystem at the decentralized finance (DeFi) project Woo, in a statement to Cointelegraph.Alexis Sirkia, chairman of the DeFi infrastructure project Yellow Network, agreed. “There are no…

Looking for the best crypto exchange in Singapore? You’re not alone. With digital assets booming, more Singaporean traders are exploring secure platforms that offer low cryptocurrency trading fees, user-friendly interfaces, and broad cryptocurrency selections. This means it’s more important than ever to know your way around the leading crypto exchanges in Singapore.In this guide, we’re going to walk you through everything you need to know about the top exchange options in the crypto space. You’ll be able to compare their features, fees, and more. From the beginner to the advanced trader, we’ve got the insights to help you make the…

Key Takeaways: Zak Coyne’s role in building and managing Labhost reveals a disturbing evolution in online fraud. Coyne now faces nearly a decade behind bars which shows the growing stakes for cybercriminals. The continued rise of phishing—now infiltrating even government officials’ accounts—shows that cybercriminal networks remain highly active and dangerously effective. According to a press release on April 14 from England and Wales top prosecution agency, the Crown Prosecution Service, British citizen Zak Coyne has been sentenced to almost a decade prison for operating a phishing service intended to generate scams for fraudsters.Labhost’s Zak Coyne Profited Off Of Laundered CryptoThe…