Author: Yeek.io

Homepage > News > Finance > Why stablecoins are making a comeback in the US The conversation and activity around stablecoins is picking up again. What began as three subtle mentions in the first executive order about cryptocurrency signed by President Donald Trump has rapidly evolved. The most recent development is that Trump’s own crypto venture, World Liberty Financial, announced the launch of its own stablecoin, USD1, on both Ethereum and Binance Chain, with plans to expand to more protocols. Meet USD1 — the stablecoin your portfolio’s been waiting for.Built for institutions and retail alike. Backed by dollars. Custodied by…

Ethereum-based DeFi protocol SIR.trading, also known as Synthetics Implemented Right, was completely drained in an exploit on Mar. 30, losing all $355,000 of its total value locked. TenArmor, a blockchain security firm, was the first to report the attack on a Mar. 30 post o. X. TenArmor flagged several suspicious transactions and pointed out that the stolen funds had been transferred to RailGun, a privacy platform that helps hide transactions. Later, security platform Decurity, revealed that the hacker took advantage of a flaw in SIR.trading’s Vault contract, specifically in a function called “uniswapV3SwapCallback.” Decurity referred to the hack as a…

In a remarkable boost for the cryptocurrency and blockchain sectors, several startups have successfully secured significant venture capital (VC) funding, highlighting the growing confidence of investors in these industries. Collectively, these companies have raised over $133 million, with major beneficiaries including Tabit Insurance and Rain, which together garnered more than $64 million to advance their respective financial solutions. Tabit Insurance Makes History with $40 Million Bitcoin-Denominated Funding Tabit Insurance, a pioneering blockchain-based insurance firm, raised an impressive $40 million in an undisclosed funding round. What sets this funding apart is that it was denominated entirely in Bitcoin (BTC), a groundbreaking…

Crypto exchange users in South Korea have crossed over 16 million after receiving a boost following US President Donald Trump’s election win last November. Data submitted to representative Cha Gyu-geun of the minor opposition Rebuilding Korea Party found over 16 million people had crypto exchange accounts out of a total population of 51.7 million, according to a March 30 report from local news agency Yonhap. This would be equivalent to over 30% of the population. All the data was taken from the top five domestic virtual exchanges in South Korea: Upbit, Bithumb, Coinone, Korbit and Gopax. Individuals with multiple accounts were only counted…

MARA Holdings Inc. plans to offer $2 billion worth of its stock to fund additional Bitcoin purchases. In a March 28 Form 8-K filing with the Securities and Exchange Commission, the Florida-based Bitcoin miner disclosed that it’s teaming up with several major investment firms to sell shares “from time to time” under a new at-the-market offering. The company said in an accompanying prospectus that proceeds will go toward general corporate purposes, but it made it clear that buying more Bitcoin is high on the list. According to the prospectus, MARA may sell its stock through firms like Barclays, Cantor Fitzgerald,…

A new “highly capable” mobile banking malware dubbed “Crocodilus,” targets Android devices, extorting sensitive crypto wallet credentials using social engineering tactics.A recent research by cybersecurity firm Threat Fabric found the emergence of a new malware family Crocodilus. The malware is reportedly distributed through a proprietary dropper that bypasses Android 13+ restrictions.“Despite being new, it already includes all the necessary features of modern banking malware: overlay attacks, keylogging, remote access, and ‘hidden’ remote control capabilities,” analysts noted.Sophisticated Android malware designed to steal cryptocurrency private keys isn’t new. In October 2024, the FBI issued a warning about a similar malware called SpyAgent,…

Nillion is one of the most innovative cryptos that has emerged recently. It focuses tightly on privacy-enhancing technologies for secure computation and next-gen data confidentiality. Through a groundbreaking combination of multi-party computation, zero-knowledge proofs, and layers of advanced computation, the Nillion network enables private data sharing between multiple parties without exposing the data itself.Unlike traditional blockchains, which store every transaction in a fully transparent ledger, Nillion employs blind modules and layered network components that shield sensitive information. This approach is a potentially revolutionary innovation in the healthcare, finance, and AI spaces, where secure data environments are commonly needed to validate…

Homepage > News > Business > Metaverse trends, solutions on the rise: report Rising trends in the metaverse ecosystem could cause the sector’s market capitalization to inflate in the coming years, according to a report from USD Analytics Market. The metaverse market capitalization can climb as high as $4 trillion by 2034 from its current $149 billion, with a projected compound annual growth rate (CAGR) of 45.9% during the forecast period. The report bases its predictions for the metaverse industry on several key factors, including a growing investor appetite and streaks of capital injection. Rising consumer interest in the sector…

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…