Author: Yeek.io

In just ten days since its launch, PumpSwap, the decentralized exchange created by Pump.fun, has recorded a cumulative trading volume of $2.43 billion. Since launching on Mar. 20, the platform has generated $5.4 million in protocol fees, attracted 700,000 active wallets, and enabled 30.59 million swaps, according to data from Dune Analytics. Although Raydium (RAY) still held 74% of the market share as of Mar. 30, PumpSwap has rapidly gained traction, making up 8% of Solana’s (SOL) total DEX trading volume. PumpSwap was created by Pump.fun to make trading memecoins and providing liquidity easier. Previously, memecoins launched on Pump.fun migrated…

Ethereum-based DeFi protocol SIR.trading, also known as Synthetics Implemented Right, has been hacked, resulting in the loss of its entire total value locked (TVL) — $355,000 at the time of the attack. The March 30 hack was initially detected by blockchain security firms TenArmorAlert and Decurity, both of which posted warnings on X to alert users of the protocol.The protocol’s founder, known only as Xatarrer, described the hack as “the worst news a protocol could received [sic],” but suggested the team intends to try to keep the protocol going despite the setback.Source: SIR.trading on X “Clever attack” targeted contract vaultDecurity described the…

A South Korean court has sent three members of a crypto scam ring to prison after hearing that they stole some $416,000 from victims as part of a concerted campaign.The newspaper Chosun Ilbo reported that a branch of the Busan District Court’s Criminal Division sent the ringleader of the operation to jail for four and half years.The court found the trio guilty of fraud and violating the Act on the Aggravated Punishment of Specific Economic Crimes.South Korean Court: More Crypto Scammers JailedThe court heard that the ringleader was the CEO of an “investment” firm. This firm, said prosecutors, duped victims…

Technical patterns show that BONK could see a sharp decline as it finds a rebound level. Long liquidations in the market have surged as traders push the price lower. BONK has been on a declining streak for the past month, which intensified in the past seven days as the asset dropped 10.45%. This decline has continued in the past 24 hours, with the price losing another 2.03%. Per AMBCrypto’s examination, a much steeper fall is likely as market participants search for the best price to re-enter, potentially pushing the price higher afterward. A technical path on a declining trajectory On…

Homepage > News > Business > India’s UPI expands in Singapore through Hitpay partnership India’s NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has partnered with HitPay, a Singapore-based full-stack payments infrastructure firm, to expand United Payments Interface (UPI) acceptance across Singapore. This partnership will offer Indian travelers the convenience of making QR code-based payments at various locations, including tourist attractions, restaurants, retail stores, and more. Last year, over 1.2 million Indian visitors travelled to Singapore, the NPCI revealed. With this partnership, NIPL aims to provide Indians travelling to Singapore with a…

Gazprom, the majority Russian state-owned oil and gas titan, has launched a series of tradable, blockchain technology-powered “digital financial assets” (DFAs).The firm is the latest Russian business heavyweight to foray into the nation’s fast-growing DFAs market.The move appears to indicate that energy industry heavy-hitters are now ready to join commercial banks in the DFAs sector.Gazprom Enters ‘Digital Financial Assets’ SectorThe Russian media outlet RBC reported that Gazprombank’s issuance is worth 2 billion rubles (over $23.5 million).The gas giant has explained that its DFAs provide an annual yield of 21%. It will issue the coins on March 31.The company will make…

Tracy Jin, the chief operating officer at the MEXC crypto exchange, warns that tokenizing real-world assets (RWAs) carries a substantial amount of centralized risks that can lead to censorship, liquidity issues, legal uncertainty, cybersecurity problems, and asset confiscation through state or third-party intermediaries.In an interview with Cointelegraph, the executive said that as long as tokenized assets remain under the purview of state regulators and centralized intermediaries, then “tokenization will simply be a new version of old financial infrastructure and not a financial revolution.” Jin added:”Most tokenized assets will be issued on permissioned or semi-centralized blockchains. This gives authorities the power…

Recently, Monad officially distributed the “1 Million Nads” NFT to users who commented on one of the project’s previous posts on Twitter. This move has garnered significant attention from the community, especially amid increasing speculation about Monad’s upcoming airdrop strategy.NFT Distribution DetailsA total of 627,641 “1 Million Nads” NFTs were minted and sent to community wallets.This may mark the initial step in setting eligibility criteria for future airdrops.How to check if you received the NFTVia Monad Explorer:Visit: https://testnet.monadexplorer.com/Please enter your wallet address into the search bar.Navigate to the “NFT” tab — if you seeSource: Monad ExplorerVia Magic Eden:Visit this in…

Crypto exchange Binance has debuted centralized exchange (CEX) to decentralized exchange trades (DEX), allowing customers to use funds from their Binance wallets to execute DEX trades — eliminating the need for asset bridging or manual transfers.According to the exchange, customers can use Circle’s USDC (USDC) and other supported stablecoins to acquire tokens on the Ethereum, Solana, Base, and BNB Smart Chain networks.The new CEX to DEX feature is also compatible with other tools on the platform, including Binance Alpha, which gives users the ability to discover emerging tokens in early-stage development, and the Binance quick buy tool.Incorporating CEX to DEX…

Shiba Inu’s price has pulled back in the last three days, erasing some of the gains made earlier last week.  Shiba Inu (SHIB) coin retreated to $0.00001270, down by 20% from its highest level last week.  The ongoing pullback is due to the fear among stocks and crypto investors. US equities plunged on Friday, with the benchmark indices like the Dow Jones and S&P 500 falling by over 2% on Friday.  The crypto market has also dived, with Bitcoin (BTC) plummeting from near $89,000 last week to below $82,000. The market cap of all cryptocurrencies has dropped to $2.7 trillion,…