Author: Yeek.io
Ethereum co-founder Vitalik Buterin reminds users to rely on contracts that have been reviewed by trusted wallet teams amidst security concerns about the latest upgrade. In a recent post shared on the decentralized social media platform Warpcast, Buterin responded to the Ethereum (ETH) community’s concerns regarding the protocol’s latest upgrade, EIP-7702. One user shared a statement from X user @nftchance, who pointed out the “non-viability” of EIP-7702. The user pointed out that the wallet blocks websites that are not suspicious. However, it still allows delegations for potentially fraudulent contracts to pass through, which could leave users vulnerable to potential security…
Key Takeaways: Senator Chris Murphy claims President Donald Trump uses his meme coin to move undisclosed funds. The use of blockchain for this purpose raises questions about transaction visibility. The controversy adds fuel to discussions on digital asset regulation and political finance oversight. Senator Chris Murphy (D-CT) reignited controversy on April 9 by accusing Donald Trump of running a covert bribery operation tied to his personal cryptocurrency, $TRUMP.“Today is the 80th day that the U.S. President is running a backdoor bribery scheme in which any CEO or foreign oligarch can send him money secretly through his crypto coin scam in…
Bitcoin could keep sliding as cooler-than-expected U.S. inflation data has sparked fears that President Trump might go harder on tariffs, a move that could actually bring inflation back up in the long run. On Friday, Bitcoin (BTC) dropped below $80,000 and was still down about 1.6% over the last 24 hours at press time. This came even as the U.S. Consumer Price Index (CPI) for March showed inflation falling to 2.4%, down from 2.8% in February and slightly better than the 2.5% forecasted by analysts. The CPI, released monthly by the U.S. Bureau of Labor Statistics, is a key inflation…
On Friday, April 11, 2025, the cryptocurrency market experienced notable declines as escalating trade tensions between the United States and China impacted investor sentiment. Bitcoin (BTC) fell below the $81,000 mark, while Ethereum (ETH) saw a significant drop of nearly 4%. As of 11:58 AM IST, Bitcoin was trading at approximately $80,955, reflecting a 1.5% decrease over the past 24 hours. Ethereum’s price stood at around $1,552, marking a 3.8% decline in the same period. The global cryptocurrency market capitalization decreased by 1.09% to $2.58 trillion. The downturn in the crypto market coincided with renewed trade frictions between the US…
Vitalik Buterin has shared a new proposal aimed at improving user privacy on Ethereum without making big changes to the network itself. In an Apr.11 post on the Ethereum Magicians forum, the Ethereum (ETH) co-founder explained how wallets and developers could take small but meaningful steps to protect users without waiting for long-term upgrades to the core protocol. Buterin’s post stresses the need to integrate privacy tools, like Railgun and privacy pools, directly into existing wallets. Instead of building separate apps, the goal is to make privacy a natural part of how users send and receive funds. Wallets could include…
Homepage > News > Business > Binance founder and felon CZ helping governments make choices Binance’s founder Changpeng ‘CZ’ Zhao is becoming a global adviser for governments looking to boost their digital asset understanding, despite his criminal conviction for ignoring the rules of other governments. On April 7, Pakistan media reported that Binance’s former CEO CZ had been named a strategic advisor to the Pakistan Crypto Council (PKK). The PKK was recently established to explore a number of digital asset efforts, including boosting blockchain-based remittances by Pakistani nationals working abroad. The appointment followed CZ’s meeting with Pakistan’s Prime Minister and Deputy Prime Minister,…
Solid, a fintech startup that once branded itself as “the AWS of fintech,” has officially filed for Chapter 11 bankruptcy protection. The filing was submitted on April 7 in the U.S. Bankruptcy Court for the District of Delaware. Founded in 2018 and formerly known as Wise, Solid had raised approximately $81 million from prominent investors, including FTV Capital and Headline. At the peak of its momentum in August 2022, the Palo Alto-based startup announced a $63 million Series B funding round led by FTV Capital, bringing its total valuation to $330 million, according to PitchBook. Solid operated as a banking-as-a-service…
Blockchain gaming for the first quarter of 2025 has been a “mixed bag,” seeing a greater number of deals while the amount invested significantly dipped, says blockchain analytics platform DappRadar.Web3 gaming projects raised $91 million in Q1 2025, marking a 71% decrease from the fourth quarter of 2024 and a 68% drop compared to the same quarter a year ago, DappRadar said in its April 10 State of Blockchain Gaming report.DappRadar analyst Sara Gherghelas wrote the figures showed “the growing pressure on early-stage startups and hint that 2025 may prove more challenging than previous years — unless broader market conditions…
New Hampshire’s Bitcoin reserve bill has passed the state’s House, making it the fourth state to advance such legislation through one chamber. On April 10, the New Hampshire House voted 192-179 in favour of House Bill 302 after it cleared the House Commerce and Consumer Affairs Committee with a 16-1 vote in early March. The bill now heads to the Senate, where it will face further debate before potentially landing on Governor Kelly Ayotte’s desk for final approval. If signed into law, HB302 would authorize the state treasurer to allocate up to 10% of New Hampshire’s general fund, revenue stabilization…
Ross Ulbricht, founder of the Silk Road darknet marketplace, announced on Thursday that he will make his first public appearance since being released from prison at an upcoming Bitcoin conference in Las Vegas. “It’s official. I am excited to announce that I will be making my first public appearance and speech since my release from prison at The Bitcoin Conference in Las Vegas,” Ulbricht posted on X. Ulbricht’s announcement comes just months after US President Donald Trump granted him a full and unconditional pardon through an executive order signed in January.This move fulfilled a campaign promise Trump made during the…