Author: Yeek.io

Cryptocurrency exchange Kraken on Monday launched a new premium membership offering called Kraken+, targeting individual investors who want to reduce trading fees and earn higher returns on stablecoin holdings. The subscription was officially rolled out on Monday, with the exchange positioning it as an optional add-on to its standard platform.For a monthly fee of $4.99, Kraken+ users can trade up to $10,000 per month without incurring trading fees, and earn up to 4% APR for holding Global Dollar (USDG), a stablecoin backed by cash equivalents, it said. By contrast, non-subscribers currently earn 2% APR on USDG balances held on the…

An account linked to ZKasino, a gambling platform that stole more than $30 million from its users in 2024, lost $27.1 million after closing a long position on Hyperliquid. According to on-chain data on Hyperdash, the scammer address behind the blockchain-based betting platform had its 20x leveraged long ETH (ETH) position on Hyperliquid fully liquidated. As a result, the trader lost approximately $27.1 million. However, the trader still had around $147.38 in unrealized profit and losses. The address is linked to a scammer behind the blockchain gambling platform that reportedly stole around $32 million last year. On the social media…

Homepage > News > Business > Last Week in AI: OpenAI gets $40B, Microsoft encounters delays OpenAI raises $40 billion This week, OpenAI finalized its $40 billion fundraising round, giving the company a $300 billion post-money valuation. It’s the largest single funding round ever completed by a private company. The round is led by SoftBank, which committed $10 billion upfront. The remaining $30 billion is contingent on OpenAI’s conversion from a capped-profit to a fully for-profit company. While $40 billion is a significant amount of money, what’s also worth noting is that OpenAI has already publicly stated that it expects to lose billions of…

DeFi continues to evolve, offering traders more powerful opportunities beyond traditional centralized exchanges. Paradex is at the forefront of this revolution, serving as a decentralized exchange (DEX) focused on perpetual trading with low fees, high performance, and a strong emphasis on security.At its core, Paradex is built on the Paradex Foundation’s vision of a next-generation DeFi ecosystem — combining an exchange, a dedicated blockchain, and DIME: a native, yield-bearing synthetic dollar that underpins its economy.What Makes Paradex Unique?Paradex is not just another DEX. It is built for serious traders who demand deep liquidity, fast execution, and an intuitive user experience.…

Fartcoin price held steady on Monday as the stock and crypto markets crashed due to the ongoing trade war. Fartcoin (FARTCOIN), a top Solana meme coin, was trading at $0.4755, up by 35% from its lowest level this month. It has outperformed Bitcoin (BTC) and other altcoins like Solana (SOL) and Cardano (ADA) as it has surged by 135% from the year-to-date low. Fartcoin has potential catalysts that may push its price higher in the near term. The first is that investors have continued accumulating the token despite the ongoing crypto sell-off. Nansen data shows that the number of tokens…

AI-powered video generation isn’t just a sci-fi dream anymore—it’s a reality. From animated avatars that can mimic speech with near-human accuracy to complete videos made from nothing but text prompts, AI is reshaping how we create content. Platforms like RunwayML and Synthesia have thrown open the doors to creators, businesses, and developers alike, allowing anyone with a vision to turn it into a video with just a few clicks. But while these tools seem magical on the surface, the magic runs on something very real—compute power. AI video generation involves crunching massive datasets, rendering thousands of frames, and simulating photorealistic…

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 is facing renewed downward selling pressure, with the entire crypto market entering a fresh downtrend in the past 24 hours. This renewed selling pressure has seen the Ethereum price lose a strong support level at $1,800, causing it…

A wallet linked to the $40 million ZKasino scam lost more than $27 million after a leveraged position was liquidated, marking what some in the crypto community are calling a dose of karmic justice.ZKasino launched in April 2024, luring investor capital by promising an airdrop of its native token to users who bridged Ether (ETH) to the platform.However, instead of returning the funds, ZKasino transferred around $33 million in user ETH to the staking protocol Lido Finance.Nearly a year later, the wallet behind the alleged exploit has been liquidated for $27.1 million after ETH’s price declined sharply, according to blockchain…

The notorious ‘Hyperliquid 50x whale’ is back in action with a newly formed long position of 47,253 ETH leveraged at 20x. The trader has gained a profit of nearly $2 million. After a month of inactivity, the trader took advantage of the sharp decline in Ethereum (ETH) prices by opening a long position with 20x leverage on Hyperliquid. The position consisted of 47,253 ETH, worth approximately $70.86 million with an entry price of $1,459 and a liquidation price of $1,391. Most recently, the whale closed its ETH long position on April 7 at around 11:00 AM UTC and made a…

The Philippines is set to host Crypto Vision Conference—a national blockchain and digital assets host in—Makati, Metro Manila on 26 April 2025.Organised by Museigen.io, the event—Crypto Vision Conference 2025 (CVCPH2025)—will focus on key developments in blockchain technology, decentralised finance, NFTs, and emerging financial infrastructure in the Philippines. The conference aims to bring together stakeholders from various sectors, including government, banking, fintech, and software development.Participants will include regulators, company executives, developers, and content creators. Source: Museigen.ioWhat to expect at CVCPH2025?The one-day event will take place from 9:00 to 19:00 PHT and is scheduled to include keynote presentations, panel discussions, technical workshops,…