Author: Yeek.io

Homepage > News > Business > Alibaba eyes hiring spree, predicts AI bubble in the US Chinese technology giant Alibaba (NASDAQ: BABA) has confirmed plans to increase its staff strength following a high-level meeting with Chinese President Xi Jinping. Alibaba Group Chairman Joe Tsai and company founder Jack Ma disclosed the plans to embark on a hiring spree after massive job cuts over the last three years. Both executives and key industry technology players met with President Xi to discuss the state of China’s technology development. At the meeting, Chinese authorities appeared to move from stringent policies threatening Big Tech…

Former Binance CEO Changpeng “CZ” Zhao will begin advising the Kyrgyz Republic on blockchain and crypto-related regulation and tech after signing a memorandum of understanding with the country’s foreign investment agency.“I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading,” the crypto entrepreneur said in an April 3 X post, adding that he finds this work “extremely meaningful.”His comments came in response to an earlier X post from Kyrgyzstan President Sadyr Zhaparov announcing that Kyrgyzstan’s National Investment Agency (NIA) had signed a memorandum with CZ…

Ethereum (ETH) continues to underperform in the broader cryptocurrency market, currently trading just below $1,800 after falling 4% in the past 24 hours. Despite a strong start to the year, where the crypto market experienced bullish momentum, ETH has failed to sustain its upward trajectory. Since slipping below the $3,000 level, the asset has largely ranged downward and has now breached the $2,000 support zone, signaling weakening demand and sentiment. While Bitcoin and other major digital assets still managed to see some recovery efforts in recent weeks, Ethereum’s price decline has been accompanied by decreasing network activity and weakening on-chain…

Who is Vitalik Buterin? He is the visionary mind behind Ethereum, one of the most influential blockchain platforms. Born in Russia and raised in Canada, Buterin is known for pioneering smart contracts and decentralized finance solutions that shape how individuals and businesses engage with blockchain technology.As a programmer, writer, and thought leader, Buterin’s contributions have propelled the crypto space forward, inspiring developers to build software for a decentralized future. This article explores his life, accomplishments, and the lasting impact he has on the crypto industry.Who is Vitalik Buterin?Vitalik Buterin is a Russian-Canadian programmer, writer, and entrepreneur who co-founded Ethereum in…

On Thursday, the U.S. Senate Banking Committee voted 13–11 to advance businessman Paul Atkins—former SEC commissioner and President Donald Trump’s nominee—to lead the Securities and Exchange Commission (SEC), as part of wider regulatory reform efforts.Paul Atkins Moves Forward as Trump’s Pick for SEC ChairThe committee’s decision on Atkins, who served as SEC commissioner from 2002 to 2008, was approved in a 13–11 vote. His nomination moved forward alongside Jonathan Gould, tapped to lead the Office of the Comptroller of the Currency (OCC). Today, @BankingGOP voted to advance the following nominations: Paul Atkins to lead @SECGov Jonathan Gould to lead @USOCC…

Homepage > News > Business > Australia warns ‘crypto’ ATM operators over AML compliance gaps Australia’s financial crimes watchdog has put digital asset ATM operators on notice over a lack of anti-money laundering and counter-terrorism financing (AML/CFT) checks. The Australian Transaction Reports and Analysis Centre (AUSTRAC) issued the warning on Monday amid a spike in ‘crypto’ ATM usage in the country, which it says has provided fertile grounds for scammers and other criminals. “We want to ensure crypto ATM providers have robust practices to minimise the risk that their machines can be used to launder dirty money or to scam and defraud innocent people,”…

Anyone who has held a memecoin through the highs and lows knows the dilemma: hold forever waiting for a 100x moonshot, or sell as soon as you hit your target to chase modest yields from more boring DeFi cryptos.But with the launch of CartelFi, a brand-new, cartel-themed yield farming protocol bridging the $90 billion DeFi and the $60 billion memecoin sectors, investors looking for the best new crypto to stake might be looking at their golden ticket this April. CartelFi is the first yield farming protocol explicitly designed for memecoins. The team claims to have designed a protocol allowing meme coin…

Economic uncertainty and a major crypto exchange hack pushed down the total value locked in decentralized finance (DeFi) protocols to $156 billion in the first quarter of 2025, but AI and social apps gained ground with a rise in network users, according to a crypto analytics firm.“Broader economic uncertainty and lingering aftershocks from the Bybit exploit” were the main contributing factors to the DeFi sector’s 27% quarter-on-quarter fall in TVL, according to an April 3 report from DappRadar, which noted that Ether (ETH) fell 45% to $1,820 over the same period.Change in DeFi total value locked between Jan. 2024 and…

The Ethena ecosystem is revolutionizing the stable DeFi landscape by integrating innovative oracle technology with synthetic dollar mechanics. In this post, we’ll dig into what exactly Ethena is, how it works, and its role in ecosystem development while exploring the benefits and risks associated with it and USDE. We’re also going to examine the ENA token’s utility and tokenomics, and why it’s a core driver for long-term growth and stability within the Ethena ecosystem.What is Ethena?Ethena (ENA) is a decentralized protocol that is designed to provide a safe digital currency solution. It creates a “synthetic dollar” environment, which gives users…

Singapore-based fiat-to-crypto payments provider Alchemy Pay has expanded its solution with support for Hedera’s native token. The firm announced the integration of Hedera (HBAR) and USDC (USDC) on the blockchain platform on April 3, noting the on-ramp solution will allow users to buy the crypto assets seamlessly with credit card, bank transfer and via local payment methods. Alchemy Pay (ACH) recently unveiled its own blockchain and added on and off-ramping support for Movement token and the Ledger Live platform.  The firm, which has seen notable growth across the crypto payments industry, boasts key partnerships with some of the world’s top…