Author: Yeek.io

Gate.io, KuCoin, and MEXC are set to list Walrus’s WAL token later today, following its mainnet launch and token generation event. According to a recent official announcement, crypto exchange Gate.io will list Walrus (WAL) for spot trading against USDT on March 27 at 10:00 AM UTC. The token will be available exclusively on the Sui network. While users can already make deposits, withdrawals will be available starting at 10:00 AM UTC on March 28, 2025. From March 27 to April 8, users can also stake their tokens to earn additional WAL every hour, based on the proportion of assets they…

GameStop, the video game retail company, experienced a significant downturn in its stock (GME) price, sliding more than 8% in after-hours trading on Wednesday, following the announcement that the company plans to raise $1.3 billion to invest in Bitcoin (BTC) through the issuance of convertible senior notes.  This move comes just a day after GameStop shares surged nearly 12% when the company revealed that its board had unanimously approved an update to its investment policy, designating Bitcoin as a treasury reserve asset. GameStop Planned Bitcoin Investment The planned investment in Bitcoin follows a recent trend of GameStop exploring cryptocurrency ventures.…

Paul Atkins, President Donald Trump’s nominee to chair the US Securities and Exchange Commission, signaled a sharp shift in the agency’s regulatory posture on Wednesday, vowing to implement a “rational, coherent, and principled” framework for digital assets. His remarks, released in prepared testimony ahead of Thursday’s Senate confirmation hearing, position Atkins as a crypto-friendly regulator seeking to rein in what he described as burdensome and overly politicized oversight.Atkins, who previously served as an SEC commissioner under President George W. Bush, criticized the agency’s approach to crypto regulation under the Biden admin, calling it “ambiguous and non-existent” and a barrier to…

A trader who attempted to manipulate the Hyperliquid exchange using the Jelly my Jelly (JELLY) memecoin is now facing nearly $1 million in losses. According to blockchain analytics firm Arkham Intelligence, the trader created three accounts within minutes, placing massive long and short positions to exploit the platform’s liquidation system. Hyperliquid just got exploited. What happened?A trader deposited $7.167M on 3 separate Hyperliquid accounts within 5 minutes of each other. He then made leveraged trades on an illiquid coin, JELLYJELLY.However, he ended up losing money, and is down almost $1M unless… pic.twitter.com/uNyMwLS5Sc— Arkham (@arkham) March 26, 2025 They then pulled…

OpenAI expects to more than triple its revenue this year to $12.7 billion, despite fast-growing competition from the likes of China’s DeepSeek and other competitors making rapid progress.The ChatGPT creators also expect its revenue target for 2025 to more than double to $29.4 billion by 2026, Bloomberg reported on March 26, citing a person familiar with the matter.The 2025 estimate is a little higher than the $11.6 billion revenue target that OpenAI was reportedly eyeing for 2025, The New York Times reported last September.Bloomberg noted that the bulk of ChatGPT’s revenue has come from its paid AI software subscription offerings…

Homepage > News > Business > Pakistan eyes on-chain remittances; Iran explores AI in sports Pakistani authorities are mulling over exploring blockchain technology for remittances in the face of steep fees and delays associated with traditional offerings. Pakistani official Bilal bin Saqib disclosed in a report that the possibility of blockchain-based remittances offers significant promise for Pakistan. Saquib is the chief advisor to the newly minted Pakistan Crypto Council (PCC), an organization leading the charge for developing real-world blockchain applications. According to Saqib, applying blockchain in cross-border transactions and remittances will have the most impact in Pakistan. He points to the sheer volume of funds flowing into Pakistan from…

The US Senate on Wednesday voted 70–28 to approve a resolution that would overturn a Biden-era IRS rule requiring decentralized finance (DeFi) platforms to report user activity—clearing the final congressional hurdle before heading to President Donald Trump’s desk.The resolution was passed under the Congressional Review Act (CRA), which allows Congress to nullify federal regulations within a set period after they’re finalized. A similar version cleared the Senate in early March, but procedural rules required the House to originate the bill because of its implications for federal revenue. The House passed its version on March 11, sending it back to the…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

The trader behind recent “suspicious market activity” on Hyperliquid that led to the freeze and delisting of the Jelly my Jelly (JELLY) memecoin is potentially down almost $1 million from their actions. Blockchain analytics firm Arkham Intelligence said in a March 26 post to X that the trader attempted to manipulate the system to profit from price movements, withdrawing collateral before Hyperliquid’s liquidation system could catch up.The trader opened three accounts within five minutes of each other, two with $2.15 million and $1.9 million long positions, and the third a $4.1 million short, to cancel out the long positions, according to…

A leading Russian economist has warned Moscow against developing a national strategic Bitcoin reserve, calling crypto stockpiles a “ticking time bomb.”Per the Russian media outlet MoneyTimes.ru, the comments came from Valentin Katasonov, the Chairman of the S. F. Sharapov Russian Economic Society and a Doctor of Economics.Russian Economist: Strategic Bitcoin Reserves Talk ‘Like Laying Landmines’Katasonov said he was concerned about the need for Russia “to take a cautious approach” to the idea of “creating a crypto reserve.”Valentin Katasonov, the Chairman of the S. F. Sharapov Russian Economic Society. (Source: Ministerstvo Idey/YouTube/Screenshot)The economist used an allegory to explain his point of…