Author: Yeek.io

XYO, one of the oldest decentralized physical infrastructure network projects, announced the launch of a public beta of its own Layer 1 blockchain. XYO is transitioning away from the Ethereum (ETH) Layer 2 ecosystem, where it previously operated, to a purpose-built Layer 1 blockchain designed to improve the network’s ability to handle large volumes of real-time data with high throughput and low latency. XYO’s new Layer 1 blockchain introduces a novel consensus mechanism called Proof of Perfect. This system allows decentralized nodes to deterministically identify the correct chain to append a block to by algorithmically ranking chain tips based on…

After a turbulent quarter in the crypto market, Solana (SOL) is once again in the spotlight as investors increasingly ask: is SOL forming a bottom and preparing for a rebound, or is the downtrend not over yet?As of today, SOL is trading in the $130–$134 range, significantly below its March peak of $205. However, technical indicators and capital flows are showing some encouraging signals, potentially laying the groundwork for a short-term recovery.Technical Indicators Suggest a Short-Term Bottom for SolanaThe $120 level is currently acting as the most critical technical support for Solana SOL in April. As long as the price…

Homepage > News > Business > Bitcoin, resurrection, and the faithful remnant I sat in church this Palm Sunday and listened to a sermon about the Tabernacle, and how each aspect of the sacrificial tent was an analogous picture of the coming of the Messiah. We heard about how Jesus was praised, then ridiculed, and how He was ultimately misunderstood by most until He became the most influential figure in history. Like many heavy things steeped in grandeur, it made me think of Bitcoin. Context Throughout the Bible, the people of Israel come within arm’s reach of their divine purpose…

Cambrian, a platform  simplifying Node Consensus Network (NCN) development utilizing Jito Restaking on the Solana blockchain, announces a partnership with Ping Network, an innovative Decentralized Physical Infrastructure Network (DePIN) focused on bandwidth. Together, the teams have successfully launched Ping Network’s decentralized validator and rewards distribution infrastructure as an NCN on Solana Devnet, setting a new standard for scalable, secure, and fair decentralized internet connectivity. Ping Network aims to revolutionize the bandwidth market by leveraging a decentralized architecture powered by Solana and Jito Restaking. Utilizing the robust Cambrian Platform and Cambrian SDK (including CLI tools), Ping Network rapidly deployed a scalable…

Shiba Inu price remained in a tight range at a crucial support level as the token’s burn rate gained momentum. Shiba Inu (SHIB) was trading at $0.00001192 on Tuesday, where it has been for the past few days. This price is about 75% below the highest point in 2024. The ongoing Shiba Inu crash has left just a handful of holders in profit. According to Santiment, the share of holders in profit has dropped to 20% from a high of 91% a few months ago. Data compiled by Shiburn shows that the number of SHIB tokens being burned is rising.…

The world of blockchain technology is brimming with innovative ideas, from decentralized finance to novel crypto tokens and meme coins. Behind many of these transformative projects stand crypto VC firms, providing essential funding, guidance, and networking to help early-stage companies thrive.In this article, we examine the role of crypto venture capital, explore different funding stages, and profile some of the leading investment firms fueling the growth of blockchain-based solutions shaping the future of finance and beyond.What are Crypto Venture Capital Firms?Crypto venture capital firms fund and mentor many blockchain technology and digital asset-focused startups. Unlike conventional VC investors who might…

Decentralized exchange (DEX) KiloEx has offered the hacker who exploited $7.5 million in crypto from its platform a 10% white hat bounty. On April 15, KiloEx posted an offer directed to the hacker who stole millions from the DEX. KiloEx said it had worked with law enforcement, cybersecurity agencies and exchanges to uncover information about the hacker’s activities. The DEX also shared wallet addresses linked to the hackers that the DeFi platform and other organizations are actively monitoring. KiloEx said they were prepared to freeze the stolen funds. However, the DEX offered the hacker $750,000 in exchange for returning 90% of the…

  63.02% of top traders on Binance are going long on PEPE. $5.17 million worth of the PEPE outflow from the exchanges was recorded. Despite uncertain market sentiment, Pepe [PEPE], the third-largest memecoin, appears bullish and primed for an upward move. This optimism stems from its strong price action and consistent support from on-chain metrics. Both factors reinforce its positive outlook. At press time, the memecoin was trading near $0.00000745 and had gained 1.20% in the past 24 hours. However, due to ongoing consolidation, traders and investors seem hesitant to engage with the token. This reluctance has led to reduced…

Amid the rise of AI and surveillance technologies, Ethereum’s co-founder Vitalik Buterin advocates for enhanced privacy measures to ensure decentralization remains intact. The world’s changing at a dizzying pace. Artificial intelligence is advancing faster than most of us can keep up with, reshaping nearly every aspect of life as we know it. Along with this rise in AI, there’s a growing concern: privacy. When it comes to cryptocurrency, privacy has always been a bit complicated to say the least. It’s something that’s been debated endlessly — sometimes heatedly — and never really resolved. In a recent blog post, Ethereum’s co-founder…

The industry was recently rocked by the catastrophic collapse of $OM, the native token of the Mantra project, on April 14. In hours, $OM plummeted by over 90%, wiping out billions in market value and leaving investors reeling.What began as a promising real-world asset (RWA) tokenization project quickly turned into a cautionary tale of market manipulation, questionable practices, and shattered trust. This article delves into the $OM crash, its underlying red flags, and the broader implications for the crypto space.Mantra Dump – A Single Candle Wipes Out $6 Billion OvernightAbout MantraMantra is a Layer 1 blockchain focused on tokenizing real-world…