Author: Yeek.io

Ethereum developers have locked in May 7, 2025, as the launch date for the network’s next major upgrade, Pectra.  The decision was made during a core developer call on Apr. 3, following a successful test on the Hoodi testnet, Pectra upgrade’s third and final dry run. The Hoodi testnet is now ready to go live on mainnet after developers fixed bugs that caused delays earlier.  Pectra combines two significant upgrades, Electra and Prague, into a single release. It features 11 Ethereum (ETH) Improvement Proposals, which will help to improve the network’s speed, security, and user experience. Ethereum wallets will be…

Homepage > News > Finance > BRICS eyes cross-border payment system, but there’s no need Over the past few years, CoinGeek has been reporting on BRICS’ moves to de-dollarize, form new payment systems, and gain financial independence from SWIFT and the U.S. dollar. While some initiatives, such as the BRICS currency, are premature, the alliance has been making efforts to trade in the national currencies of member states. Building on this, Russian Finance Minister Anton Siluanov told TASS they are looking at a cross-border payment system using their own currencies “taking into account digital technologies and digital financial assets.” Russia has…

AMP crypto surged by as much as 20% today, ahead of its listing on South Korea’s Bithumb exchange. AMP (AMP) rose to an intraday high of $0.0041 on April 4, Morning Asian time, while bringing its market cap to over $320 million at the time of writing. The price rally came along with a 140% jump in daily trading volume, hovering at over $32 million. AMP’s price jump also came with a huge spike in interest from derivatives traders. According to ConGlass, open interest in AMP futures shot up by 736% in just one day, hitting over $3.3 million. The…

Traders seemed to be over-leveraged at $8.67 on the lower side and $9.49 on the upper side On-chain metrics suggested that exchanges recorded outflows of over $4.65 million in TRUMP In light of the prevailing bearish sentiment, the Donald Trump-linked TRUMP memecoin may be poised to continue its downtrend on the charts. In fact, following the announcement of reciprocal tariffs, the larger crypto market sank significantly. Owing to the same, TRUMP lost its key $10-level after a 15% price crash on the charts.  TRUMP price analysis and upcoming levels Following the breakdown of this key level, the TRUMP memecoin might…

Recently, Binance announced the addition of 10 tokens to its Monitoring Tag list, which includes tokens at high risk of being delisted. This move reflects Binance’s ongoing commitment to maintaining a robust trading environment amid growing regulatory scrutiny and market volatility.Binance Put a Monitoring Tag on 10 TokensBinance recently flagged 10 tokens with a Monitoring Tag, signaling potential delisting risks due to concerns over volatility, liquidity, and regulatory compliance. The affected tokens include:VIB (Viberate)LTO (LTO Network)WING (Wing Finance)VOXEL (Voxies)PDA (PlayDapp)BSW (Biswap)NKN (NKN)PERP (Perpetual Protocol)ARDR (Ardor)FLM (Flamingo) Read more: Binance Put “Monitoring Tags” On 10 Tokens On March 4, 2025Simultaneously, Binance removed…

EigenLayer plans to start “slashing” restakers on April 17, resulting in the Ethereum restaking protocol’s “first feature-complete iteration,” it said in an April 2 announcement. Implementing slashing will mark EigenLayer’s final step toward establishing the protocol as “infrastructure for a new generation of verifiable apps and services built on the Verifiable Cloud,” it said in a post on the X platform.In 2024, EigenLayer started distributing rewards — including emissions of its native EIGEN token — to incentivize restakers. However, slashing has so far been limited to EigenLayer’s testnets.Once slashing is live, node operators and restakers will be able to voluntarily “opt-in,” resulting…

The first quarter of 2025 was a turbulent period for web3, with AI and social dApps gaining traction while decentralized finance suffered a sharp decline. The total value locked in DeFi fell 27% to $156 billion, as per DappRadar’s Q1 2025 report. DeFi’s decline was caused by several high-profile security breaches, falling crypto prices, and macroeconomic uncertainty. The biggest blow was Bybit’s $1.4 billion exploit, which the FBI connected to the TraderTraitor group from North Korea. In this exploit, hackers stole about 401,000 Ethereum (ETH), converted it to Bitcoin (BTC) and other assets, and distributed it among wallets. DeFi’s position…

If you’re getting started in the crypto and DeFi ecosystem, you might be wondering, “What is DEX?”. A DEX is a decentralized exchange, which is a peer-to-peer marketplace for trading cryptocurrencies without relying on a central authority. It runs on blockchain technology, where smart contracts execute trades, removing the need for intermediaries like payment processors or banks.In this post, we’ll look at how this model grants users full control over private keys and custody of funds, minimizing counterparty risk. We’ll also see why DEX platforms can often provide lower fees and increased privacy, which appeals to both casual users and…

Sadyr Zhaparov, President of the Kyrgyz Republic, noted that the National Investment Agency, under his office, has signed a memorandum with Binance founder Changpeng Zhao (CZ).CZ will soon cooperate in the “development of the cryptocurrency and blockchain technology ecosystem in the Kyrgyz Republic.”“This includes providing infrastructural, technological support, technical expertise, and consulting services on cryptocurrencies and blockchain technologies, as well as implementing educational initiatives,” the President wrote on X. A Memorandum of Understanding has been signed between the National Investment Agency under the President of the Kyrgyz Republicand Changpeng Zhao (CZ) In accordance with the Memorandum, the parties intend to cooperate…

Hyperliquid is a decentralized derivatives trading platform (DEX derivatives) that has been gaining traction in the DeFi ecosystem thanks to its unique operational model, transparent governance, and deep integration of security and risk management mechanisms.Hyperliquid Liquidity Model (HLP)Hyperliquidity Provider (HLP) is the shared liquidity vault of Hyperliquid, funded by the community to execute market-making and liquidation strategies on the platform. Anyone can deposit USDC into HLP and earn profits or bear losses proportional to their contribution. HLP serves as the primary trading counterparty for most orders on the platform, similar to how GLP operates on GMX, but with a more…