Author: Yeek.io
Homepage > News > Finance > Kazakh lawmaker proposes a national ‘crypto bank’ A legislator from Kazakhstan has called on the country to develop a “crypto bank” to moderate digital asset trading. Despite being a block reward mining haven, Kazakhstan has restricted digital asset activities to the Astana International Financial Center (AIFC), a special economic zone. However, according to Azat Peruaşev, who leads the minority Aq Jol party in the lower house of Parliament, investors have been trading on unregulated platforms outside the AIFC. He argued that 90% of digital asset activities in the country are conducted outside the confines of the AIFC.…
The Mantra blockchain network has launched a $108,888,888 ecosystem fund aimed at accelerating the growth of startups focused on real-world asset (RWA) tokenization and decentralized finance (DeFi), amid rising demand for stable, asset-backed digital products.Mantra, a layer-1 (L1) blockchain built for tokenized RWAs, launched the Mantra Ecosystem Fund (MEF) to accelerate the growth and adoption of projects and startups building on its network, according to an April 7 announcement shared with Cointelegraph.Mantra said it will deploy the capital over the next four years among “high-potential blockchain projects” worldwide, with investment opportunities sourced through Mantra’s network of partners. The fund’s backers…
Key Takeaways: Trade policy shifts prompt a rapid pullback from digital asset funds. Bitcoin-focused products drive most withdrawals; other tokens show uneven momentum. Some markets seize lower prices as a chance to build positions. Overall, investors are rethinking strategies amid economic pressures. Crypto exchange traded products (ETPs) experienced outflows totaling $240 million last week, a trend influenced by recent U.S. trade tariff developments that pose potential threats to economic growth, according to a research report on April 7 by CoinShares.Despite these outflows, the total assets under management (AUM) in the digital asset sector is showing resilience, increasing by 0.8% over…
Fartcoin had a bullish structure on the 1-day price chart Short-term range formation meant that buyers had reason to be bullish Fartcoin [FARTCOIN] was one among just four crypto tokens in the top 100 to register gains over the last 7 days. This unusual achievement came at a time of widespread market panic, in both crypto and global stock markets. This show of relative strength from the memecoin is a positive sign. In an earlier analysis, it was observed that Fartcoin had formed a short-term range. This range is still being respected. And, the bullish outlook on the 1-day chart…
Homepage > News > Business > Morocco targets 10% GDP boost by 2030 from blockchain, AI Morocco is heavily investing in blockchain, artificial intelligence (AI), and other emerging technologies, targeting a 10% rise in its gross domestic product (GDP) by the end of the decade. The Moroccan government unveiled its Digital Morocco 2030 strategy last year as its roadmap toward transitioning the country into a thriving digital hub. With an investment of over 11 billion dirhams ($1.1 billion) by the end of 2026, the government wants to supercharge the country’s digital economy, tapping into the latest technology to create over…
FLOKI hit a key support on the Bollinger Bands indicator and may be eyeing a major push to the upside Spot market sells of FLOKI might be threatening its push north The bearish market sentiment FLOKI carried over from last month’s 30.90% decline has continued so far. In the last 24 hours, it registered a drop of 10.99% – A move that might soon be corrected. In fact, at the time of writing, several market confluences seemed to be in line with the possibility of FLOKI’s move to the upside. However, the asset is likely to remain low as counter-pressure…
Here we go again: A top centralized crypto exchange (CEX) was hacked, this time likely for the largest sum in humanity’s history. We were lucky to avoid the worst — platform collapse and devastating consequences for the industry. The incident reminded us again that even the strongest market players are not invincible. CEXs’ freedom to manage customer funds comes with risks, reminding users that good old non-custodial storage is still the safest. With recent advances in security features, wallets safeguard coins and help users safely make the most of their crypto.Golden rules never rustAfter the $1.5 billion Bybit hack, things settled…
The Arb Fast Lane isn’t just an arbitrage bot. It’s an onchain market optimization engine– built to solve real inefficiencies that plague even the most liquid ecosystems.It serves two key functions:1. A De-Facto Taker on Carbon DeFiWhile a Carbon DeFi deployment on Sonic hasn’t gone live just yet, the Arb Fast Lane is already laying the groundwork. Integrated directly into Carbon DeFi’s architecture, it acts as a solver system — executing trades across Sonic’s leading DEXes, resulting in Carbon DeFi strategy makers benefiting from:Carbon DeFi and the Arb Fast Lane combined ensure orders are not just filled at the exact…
The Hashgraph Group, a Switzerland-based venture capital and technology firm supporting the Hedera blockchain network, has announced a strategic investment in agritech company AgNext Technologies. According to details in a press release on April 7, the collaboration will see the Hedera (HBAR) blockchain network support AgNext’s growing artificial intelligence-driven agricultural solutions. The investment sees The Hashgraph Group join AgNext’s recent fundraising initiative led by Denmark-based Novo Holdings, but more than that, is a key integration milestone for the Hedera blockchain ecosystem. In particular, AgNext is looking to leverage Hedera’s distributed ledger technology to digitize trust in the supply chain ecosystem,…
Franklin Templeton, a global asset manager with a growing presence in the crypto and blockchain investment market, has backed an $8 million seed round for Cap. The asset manager led the investment round, with Ethereum (ETH) based stablecoin project Cap also attracting the participation of multiple leading web3-focused venture capital firms. In details shared via X, Cap said the investment is a crucial step in its mission to offer a decentralized solution to the problem of yield generation in decentralized finance. This milestone involves the deployment of its protocol across “shared security markets” such as EigenLayer and Symbiotic. “Cap is…