Author: Yeek.io

Memecoins are increasingly seen as high-risk, high-reward hedges Could this trend signal a shift in memecoin market dynamics? Bitcoin [BTC] has dropped by over $90 billion in market capitalization since 2 April, dragging memecoins down by $5.88 billion. TRUMP led the losses among big-name memecoins, sinking to an all-time low of $7. However, while the overall market is bleeding, some new tokens are defying the trend – Soaring on hype and social buzz. Are these breakout memecoins slowly becoming a hedge against the downturn? Selective memecoins’ market decoupling Among high-cap memecoins, Fartcoin (FARTCOIN) has emerged as the standout performer, notching…

Malicious actors are attempting to steal crypto with malware embedded in fake Microsoft Office extensions uploaded to the software hosting site SourceForge, according to cybersecurity firm Kaspersky.One of the malicious listings, called “officepackage,” has real Microsoft Office add-ins but hides a malware called ClipBanker that replaces a copied crypto wallet address on a computer’s clipboard with the attacker’s address, Kaspersky’s Anti-Malware Research Team said in an April 8 report.“Users of crypto wallets typically copy addresses instead of typing them. If the device is infected with ClipBanker, the victim’s money will end up somewhere entirely unexpected,” the team said.The fake project’s…

Argentina’s Chamber of Deputies has approved a formal investigation into the LIBRA memecoin scandal after the token’s collapse wiped out over $280 million in value from nearly 75,000 traders. In a special session held Apr. 8, lawmakers backed three resolutions aimed at uncovering the truth behind the controversial token’s launch and rapid crash. The first resolution establishes an investigative commission to probe the LIBRA scandal, approved with 128 votes in favor. Lawmakers also voted to summon top government officials, including chief of staff Guillermo Francos, economy minister Luis Caputo, justice minister Mariano Cúneo Libarona, and National Securities Commission head Roberto…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Key Takeaways: Justin Sun says First Digital Trust has misused TUSD reserves. Allegations include violations of fiduciary duty, unlicensed investment activity, and bribery. Sun launched a bounty program to recover lost funds and encourage whistleblowers. The claims raise broader questions about regulatory accountability in Hong Kong. Justin Sun has accused Hong Kong-based custodian First Digital Trust (FDT) of misappropriating more than $500 million in TUSD assets through a series of unauthorized transactions and concealed transfers. SEVEN Sins by First Digital Trust (FDT) First Digital Trust (FDT) is not only insolvent but also involved in numerous ongoing crimes. Each of us…

Shiba Inu whales have sold 801 billion tokens in 24 hours. The memecoin was up by 8.45% over the past day until press time. Over the past three days, crypto markets have experienced extreme volatility. With the widespread crash, investors, retailers, and whales have expressed heightened panic and fear. Thus, as the market crashed, Shiba Inu [SHIB] whales turned to selling. Inasmuch, whale activity on the sell side has spiked over the past day. Source: IntoTheBlock According to IntoTheBlock, Shiba Inu whales have sold 801.04 billion tokens, an increase from 180.76 billion the previous day. This marked a 343.18% increase…

Homepage > News > Business > South Africa’s G20 presidency key to boosting DPI: experts Two experts opine that African nations must take advantage of South Africa’s G20 presidency to make significant gains in advancing their digital public infrastructure (DPI). In a recent op-ed, the Africa Director at the Gates Foundation, Paulin Basinga, and South Africa’s Department of Digital Technologies Director, Nonkqubela Thathakahle Jordan-Dyani, said the G20 presidency is “a historic opportunity to position Africa at the forefront of global digital transformation.” South Africa took over the presidency from Brazil in December 2024 and will hold it until November 2025. It was the first time an African nation had assumed leadership of the influential forum, whose members account for 85% of the global gross domestic product (GDP).…

Dubai’s real estate and crypto regulatory authorities have signed a new agreement aimed at expanding digital asset adoption in the real estate sector.On April 6, the Dubai Land Department (DLD) announced an agreement with the Virtual Assets Regulatory Authority (VARA). According to the announcement, the agreement will link Dubai’s real estate registry with property tokenization through a governance system. The agreement aims to improve digital infrastructure and attract global investment by enhancing market liquidity and property management efficiency. It also aims to support Dubai’s broader economic strategy, which includes a goal of doubling the city’s gross domestic product over the next…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Despite being considered extremely expensive, the Ethereum blockchain has remained one of the top networks in the dynamic world of cryptocurrencies. However, the leading blockchain has undergone a major shift as its overall transaction fees plummeted significantly to levels not seen in years. Total Transaction Fees At The Lowest Level In Years While the crypto sector is shaken by volatility, Ethereum has taken a hit due to the recent developments regarding the network’s overall transaction fees. Over time, ETH’s gas fees have hindered users’ activity because of…

The Russian tax agency, the Federal Tax Service (FTS), has unveiled a tax calculator tool for crypto miners operating in the nation.Per a report from the Russian state-run news agency TASS, the FTS has also “posted information” on crypto “exchange” rates for taxpayers.Russian Crypto Miners: Ready to Pay Taxes?The FTS tool lets miners check on the exact “minimum closing price” in fiat rubles of popular coins on “foreign trading [platforms]” (crypto exchanges) on specific dates in the period January 1, 2025, to March 31. The Federal Tax Service’s tax calculation tool shows the price of Bitcoin at specific periods on…