Author: Yeek.io

Standard Chartered analysts say Ethereum is going through a “midlife crisis,” with ETH struggling to hold around $2,000. Ethereum (ETH) has seemingly stuck in limbo as it’s giving away its value for free to layer-2 networks while struggling to keep investors interested. The world’s second-largest cryptocurrency by market capitalization has dropped 40% in the past three months, with Standard Chartered analysts now saying the network if facing “midlife crisis.” In an interview with the Financial Times, Standard Chartered’s head of digital assets research Geoff Kendrick said the network “gave away value for free” as with layer-2 networks Ethereum has “essentially…

On its official X channel, Binance Wallet recently announced disciplinary action against an employee caught using insider information for personal gain. This rare public acknowledgment of internal controversy demonstrates Binance’s commitment to transparency and decentralization.Shocking internal scandal from Binance Wallet employeeRecently, according to the latest report from Wu Blockchain, the community has uncovered a suspected insider trading fraud involving a Binance Wallet employee. A suspected Binance Wallet BD employee, Freddie Ng, allegedly used insider information from his previous position to profit $113,600 by trading UUU tokens. Additionally, he secured an unrealized profit of another $200,000.The detected wallet address received transfers…

If exposed to technology from a young age, people are more likely to take an interest in it when they’re older. Access to tech, like blockchain, isn’t always easy though, especially in developing countries. To bridge this gap, cryptocurrency exchange Bybit has partnered with AltSchool Africa.As a result of this new collaboration, Bybit Academy will be launched alongside a $100,000 scholarship fund to grant 1,000 AltSchool students access to technology-focused education that equips them with the skills needed to thrive in a digital economy.Participants will be selected based on established criteria, including academic performance and diversity. However, Bybit will not…

PEPE’s derivative data hinted at hike in traders’ optimism, but a break above $0.00000780 is necessary for a significant price rally While short-term technical indicators flashed ‘buy’, PEPE’s long-term bullish momentum remains questionable Popular memecoin PEPE may be poised for a bullish rally on the back of renewed trader optimism in the speculative memecoin market. With multiple Break of Structure (BOS) and Change of Character (CHoCH) confirmations, PEPE is now eyeing a break above a key resistance level. In fact, the memecoin’s price surged by 5.02%, with its trading volume gaining by 39.88% in the last 24 hours too. Hence,…

Browser Use, a pioneering AI startup, has raised $17 million in seed funding to enhance AI-driven web automation by enabling artificial intelligence to interact with websites more accurately and efficiently. This funding round was led by Felicis’ Astasia Myers, with additional participation from Paul Graham, A Capital, and Nexus Venture Partners. Solving a Critical Challenge in AI Development: Browser Use addresses one of the most pressing challenges in AI—enabling AI agents to seamlessly navigate websites and execute tasks independently. While traditional AI models often rely on vision-based systems that use screenshots to interpret websites, these approaches are prone to breaking…

Kentucky governor Andy Beshear has signed a measure known as the “Bitcoin Rights” bill, into law, enshrining protections for crypto users, as two other US states’ Bitcoin reserve legislation advanced.Crypto advocacy group the Satoshi Action Fund said in a March 24 statement to X that House Bill 701 protects the “right to self-custody, run a node, and use of digital assets” without “fear of discrimination.” First introduced to the Kentucky House by Rep Adam Bowling on Feb. 19, HB701’s description says it safeguards the right to use digital assets and self-custody wallets and bans local zoning changes that discriminate against crypto mining. Source: Satoshi Action…

Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 CryptoPunks 966.38 ETH 20 ethereum View 2 Courtyard.io 315.36 ETH 9463 polygon View 3 Pudgy Penguins 130.66 ETH 12 ethereum View 4 Azuki 121.08 ETH 43 ethereum View 5 SMB Gen2 0.00 ETH 83 solana View 6 Lil Pudgys 95.85 ETH 72 ethereum View 7 Memeland Captainz 86.83 ETH 112 ethereum View 8 The Baby Bears 85.89 ETH 4 ethereum View 9 Vegetable flowers 83.11 ETH 899 polygon View 10 Unidentified contract – 6tv178y1g5 80.84 ETH 75 polygon View…

Homepage > News > Business > Kurt Wuckert Jr. talks scaling Bitcoin at The Subversive Spectrum podcast This week, CoinGeek’s Chief Bitcoin Historian, Kurt Wuckert Jr., joined The Subversive Spectrum podcast to talk about privacy, the need to scale Bitcoin, how little ‘crypto’ has actually achieved, and much more. Why not Monero? As Agorists and advocates for human liberty, Sal the Agorist and his co-host are interested in why Wuckert isn’t more involved in a privacy coin like Monero. “16 proofs is great, but it’s still only 16,” Wuckert says. Monero isn’t as private as some people think, and while…

Arizona has cleared both of its Bitcoin reserve bills through the House Rules Committee, putting the state on track to become the first to establish a strategic digital asset reserve. Following a March 24 voting session, the bills passed through the Arizona House Rules Committee and are now headed to the full House for a vote. The two proposals — SB 1373 and SB 1025 — both seek to establish reserves of digital assets but differ in their focus and funding sources. SB 1373, the Strategic Digital Assets Reserve Bill, would allow the state treasurer to manage a fund composed…

Rain, a global crypto card issuing platform powered by stablecoins, has successfully raised $24.5 million in a Series A funding round led by Norwest Venture Partners. The round also saw participation from Galaxy Ventures, Goldcrest, Thayer, Hard Yaka, and existing investors such as Lightspeed Venture Partners, Coinbase Ventures, Vinyl Capital, Canonical Crypto, and Latitude Capital. The funding comes at a critical time when stablecoins are experiencing exponential adoption globally. In 2023, stablecoin transaction volumes surpassed those of Visa and Mastercard combined, highlighting a significant shift in how digital assets are being used for everyday payments. Rain’s platform enables businesses to…