Author: Yeek.io
Homepage > News > Business > India backs Sri Lanka’s tech modernization under new deal India has reached an agreement with Sri Lanka to extend its successful digital initiatives that have been implemented on a large scale to drive digital transformation. This partnership aims to share effective digital solutions that have proven successful in India and support Sri Lanka’s efforts to enhance its digital infrastructure and services. Prime Minister Narendra Modi traveled to Sri Lanka to strengthen the countries’ defense and energy relations. During his visit, Modi finalized ten agreements with Sri Lanka, one of which focused on advancing Sri Lanka’s digitalization. Among other key agreements were those related to defense collaboration, integrating electric grid systems, and developing an energy hub at…
US-developed web3 video game Shrapnel has been granted approval to operate on China’s state-backed RWA Copyright Chain, allowing the game to distribute tokenised in-game items under Chinese law and making it the first foreign blockchain-based title to achieve this level of legal recognition in the country.By obtaining this licence, Shrapnel gains access to one of the world’s largest gaming markets—worth over $40 billion—under full regulatory compliance.The game’s Chinese launch will involve local partnerships, new distribution channels, and integration with the country’s asset verification systems. Source: ShrapnelWhat can we expect from this latest development?The Chinese version of Shrapnel will differ from…
Opinion by: Sergej Kunz, co-founder of 1inchInstitutional players have been closely watching decentralized finance’s growth. Creating secure and compliant DeFi platforms is the only solution to build trust and attract more institutions.Clear waters attract big shipsOver the past four years, institutional DeFi adoption has gone from 10% of hedge funds to 47%, and is projected to rise to 65% in 2025. Goldman Sachs is reaching their arms to DeFi for bond issuance and yield farming. Early adopters are already positioning themselves in onchain finance, including Visa, which has processed over $1 billion in crypto transactions since 2021 and is now testing…
This CFP is identical to a CFP we featured a few weeks ago; both are focused on ensuring the sustainable maintenance and compliance of the DeFiChain Light Wallet app available on Google Play Store and Apple App Store.However, recent developments warrant caution: the team behind this proposal indicated they might be unable to incorporate the proposed company in time, facing potential delays. They expressed uncertainty about meeting the crucial April 19 deadline, posing a significant risk for masternode holders who have yet to vote. Voters should carefully consider this risk, as delays could affect the timely takeover and continuous operation…
Ethereum price continues its freefall and has formed an inverse cup and handle pattern, pointing to further downside to a record low Ethereum (ETH) has dropped for three consecutive weeks and is hovering at its lowest level since January 2020 against Bitcoin (BTC). The ETH/BTC pair plunged to a low of 0.019, down more than 80% from its peak in December 2021. ETH has also declined from last year’s high of $4,000 to below $1,500, while its market cap dominance has fallen 67% from its 2021 highs and is now approaching 2022 levels. The ongoing selloff began in September 2022…
Dogecoin (DOGE)—the meme-inspired cryptocurrency, continues to capture the spotlight thanks to its sharp price movements and loyal, vocal community. This article explores current market sentiment, key events influencing DOGE’s price, and a range of expert forecasts to provide a comprehensive outlook for investors. Market Overview As of April 2025, Dogecoin DOGE—the meme-inspired cryptocurrency continues to capture investor attention thanks to its sharp price movements and vibrant community. Currently, DOGE is trading in the 0.16-0.17 USD range, with a slight upward trend. Notably, the coin has managed to stay above $0.16 despite unfavorable developments in the broader financial markets. For instance,…
GOSH, the core developer behind the Acki Nacki blockchain, has partnered with global connectivity leader NetIX to deliver faster, more scalable network performance for its decentralized validator ecosystem. Announced on April 9, the partnership will allow Acki Nacki’s Block Keeper Nodes to tap into NetIX’s high-speed, low-latency infrastructure, crypto.news can exclusively report. NetIX, part of the Neterra Group, connects over 220 data centers across 65 countries and is one of the largest global peering and connectivity platforms. Validators operating on the Acki Nacki blockchain will benefit from optimized routing, reduced latency, and direct access to over 50 global internet exchanges…
The Aave DAO has overwhelmingly approved a $4 million AAVE token buyback, launching the first phase of a broader initiative to overhaul the protocol’s tokenomics. The Aave (AAVE) DAO has officially approved a $4 million buyback plan of AAVE tokens. The proposal passed with 99.63% consensus. The proposal authorizes the Aave Finance Committee, a governance-backed committee created to manage Aave’s treasury and financial operations, to begin purchasing AAVE tokens on the open market, which will then be distributed to the protocol’s Ecosystem Reserve. This first phase of the buyback program is expected to last one month. If successful, it could…
The bearish market structure across timeframes meant that traders should be bearishly biased TRUMP’s OBV fell below the March lows, highlighting the increased selling pressure Official Trump [TRUMP] was projected to reach the $5 level in an earlier analysis. The selling pressure has not eased since then, and the price was below the $7.6 level. This level marked the 23.6% Fibonacci extension level, and the next target at $4.47, the 61.8% extension, remained feasible. Bitcoin [BTC] saw a weak bounce to $80k, but the selling pressure on the 8th of March pushed the bulls back before they could establish…
Switzerland-based financial technology company Taurus announced the launch of an interbank digital asset network aimed at improving institutional collaboration, collateral mobility, and settlement efficiency across cryptocurrencies, tokenized securities, and central bank digital currencies (CBDCs). The network, called Taurus Network, connects clients of Taurus-PROTECT—its institutional-grade custody platform—across more than 35 financial institutions in ten countries.The Network Supports Wide Range of Digital AssetsThe new infrastructure enables participants to interact directly through their existing Taurus-PROTECT setups, regardless of whether they are deployed on-premises, in hybrid form, or as software-as-a-service. According to the company, the network supports transactions across public and permissioned distributed ledger…