Author: Yeek.io

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum continues to disappoint investors as its decline deepens, sparking growing fears of further selling pressure across the market. The second-largest cryptocurrency by market cap has failed to hold key support levels, and analysts are increasingly warning of a…

Opinion by: Daryl Xu, co-founder and CEO, NPC LabsWhile gaming has been on a steady decline since the end of COVID-19 lockdowns, 2024 hit the industry especially hard, with layoffs and studio closures hitting even the most prominent studios. While unsustainable development costs and an innovation crisis seem to be the main culprits behind the collapse, Web3 gaming emerged as a potential solution promising to return power to developers — and it raised billions of dollars in investment to do so. Yet, despite a continued rise in crypto adoption, Web3 gaming has failed to capture mainstream players’ attention or solve any of…

Much has been made of Bitcoin’s resilience amid the broader market uncertainty. The risk-off sentiment triggered by Donald Trump’s steep tariffs has weighed on even traditional haven assets like gold and silver — let alone equities. Yet, Bitcoin has continued to trade above $82,000, even trading as high as $84k. Low-cap crypto assets also remain largely unaffected by the broader market uncertainty. Solaxy (SOLX), the first prominent Solana Layer-2 coin, continues to be in high demand and has hit the $29 million milestone in its presale. Considering the typically high upside potential of Layer-2 coins and Solaxy’s unique value proposition, several prominent analysts are…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. A recent study by Atmos positioned the United States as a worldwide frontrunner among nations for digital asset support and integration. The nation’s commitment to blockchain technology sets a precedent for tokenization/digital payment integration of the global financial sector with a progressive regulatory approach, according to a study by BoxBet.  Indeed, many large US banks such as J.P. Morgan, Citibank and other large banks such as UBS, Société Générale, the Swiss Banking Association, Banque de France, UK…

Revenue across major decentralized finance (DeFi) protocols saw a sharp decline in March, reflecting a broader slowdown in on-chain activity and trading volumes across multiple blockchains.According to industry data, Solana-based DeFi platforms such as Pump.fun, Jito, and Raydium collectively brought in around $42 million in March, down 55% from February and a steep 75% from their record highs in January.On BNB Chain, leading protocol PancakeSwap generated just $21 million in revenue, marking a 54% drop compared to the previous month.Ethereum DeFi Revenues Plunge 65% Since January Amid Market SlowdownEthereum-based protocols including Ethena, Lido, Aave, Curve, Compound, and Sushi also recorded…

Decentralized cryptocurrency exchanges (DEXs) continue to challenge the dominance of centralized platforms, even as a recent $6.2 million exploit on Hyperliquid highlights risks in DEX infrastructure.A cryptocurrency whale made at least $6.26 million profit on the Jelly my Jelly (JELLY) memecoin by exploiting the liquidation parameters on Hyperliquid, Cointelegraph reported on March 27. The exploit was the second major incident on the platform in March, noted CoinGecko co-founder Bobby Ong.“$JELLYJELLY was the more notable attack where we saw Binance and OKX listing perps, drawing accusations of coordinating an attack against Hyperliquid,” Ong said in an April 3 X post, adding:“It’s clear…

  Shiba has declined by 8.4% over the past month. Shiba Inu’s long-term holders remain optimistic with hodlers’ balances and addresses hitting a new ATH. Despite increased downward pressure on Shiba Inu’s [SHIB] price charts, long-term holders remain bullish. As such, over the past day, Shiba Inu has seen long-term holders’ balances hit a new record high. Source: IntoTheBlock IntoTheBlock data reveals that Hodlers’ balances have reached an all-time high of 787.6 trillion SHIB, out of a total held balance of 984.7 trillion SHIB. This indicates that long-term holders continue to dominate SHIB ownership. Additionally, the number of Hodlers’ addresses…

Hyperliquid, the popular perpetual decentralized exchange, is under intense pressure as its token nears a record low and its network volume plunges. Hyperliquid (HYPE) token plunged to a low of $11.10, down by 67% from its record high of $35.20. This crash has brought its market cap from near $10 billion in December to $3.8 billion.  The HYPE token has crashed partly because of its substantial dilution risks. According to CoinnMarketCap, it has a total supply of near 1 billion tokens, with 333 million being in circulation.  Hyperliquid’s token unlocks will start in November this year, when the network will…

Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.Roughly 392,000 FTX creditors have failed to complete or at least take the first steps of the mandatory Know Your Customer verification, according to an April 2 court filing in the US Bankruptcy Court for the District of Delaware.FTX users originally had until March 3 to begin the verification process to collect their claims.“If a holder of a claim listed on Schedule 1 attached thereto did not commence the KYC submission process…

PEPE whale swapped their holdings for WETH then into PENDLE. PEPE’s setup signaled a big move off the lows was yet to come, as it needed to reclaim the 50 level on the RSI for a confirmation. Pepe [PEPE]  whale wallet ‘0x373…’ changed from investing in memecoins to investing in DeFi fundamental. This whale offloaded 196.1 billion PEPE tokens worth $1.3 million at an average price of $0.000006641. The whale exchanged PEPE for 720.6 WETH and used the entire amount to purchase 397,192 PENDLE tokens at $3.08 each. Over three days, the whale sold 261.2 billion PEPE for 1,060 WETH,…