Author: Yeek.io

Homepage > News > Business > Even more bad news for Tether as US passes GENIUS Act Last month, CoinGeek reported how two stablecoin bills were competing to determine how U.S. stablecoin laws would play out. As of March 13, the GENIUS Act has momentum after the U.S. Senate Banking Committee passed it, meaning it will now be debated fully by the Senate. The GENIUS Act favors a more innovation-friendly, state-level approach to regulation than the alternative STABLE Act. However, before passing it, the Banking Committee included several key changes. What’s different about the GENIUS Act now? There are now…

In a surprising turn of events, OKX’s Web3 product manager, Kyle Chen, inadvertently leaked the news of a standalone OKX Wallet app before its official announcement. 新上架的App可能需要一些时间才能被Google Play的搜索引擎索引搜不到的可以先使用安卓下载链接https://t.co/BLeg6bxhpZ— KyleChen (@KKyleChen) March 24, 2025 The revelation, made via a series of social media posts, indicated that the application had already been listed on the Google Play Store, with an Apple App Store release pending approval. However, shortly after his announcement, Chen retracted his statements, admitting that the news had been shared prematurely and that the app was not yet available in certain regions or on all devices.OKX Wallet’s Accidental Revelation: What…

Market shrugs as $TRUMP crypto endorsement rocks the boat On the 23rd of March, President Trump posted on Truth Social, saying: Source: Truth Social The post sent the TRUMP token surging 12% within an hour, briefly reigniting memecoin mania. But the market’s reaction quickly turned skeptical. While some cheered the endorsement, others called it “embarrassing” for a sitting president to promote what critics label a scam coin. Source: TradingView Adding to market concerns is the upcoming token unlock on April 18, releasing nearly 40 million TRUMP tokens worth approximately $485 million. This represents 4% of the total supply and has…

One resource has recently become the cornerstone of innovation: computing power. As AI-driven workloads surge across industries, GPU rentals fundamentally redefine access to high-performance computing—offering cost-effective, on-demand solutions that keep pace with the breakneck speed of technological advancement. This transformation is occurring against explosive growth in the global GPU market, which reached $61.58 billion in 2024 and is projected to expand to somewhere between $461.02 billion by 2032 and an astounding $1,414.39 billion by 2034. The GPU Market Revolution The meteoric rise of the GPU market is primarily fueled by the widespread adoption of AI and machine learning technologies across…

How It All StartedBack in December 2020, the SEC sued Ripple. They claimed Ripple sold $1.3 billion worth of XRP without registering it as a security. Things shifted in July 2023 when Judge Analisa Torres ruled that XRP sales to the public weren’t securities. That was a huge hit to the SEC’s case. The agency kept fighting over sales to big investors, but now they’ve decided to drop everything.Why This MattersThis is a major victory for Ripple. It could change how the U.S. views and regulates digital currencies. The decision might even guide the SEC’s future actions in the crypto…

Tornado cash has been ported to the newly launched MegaETH public testnet following the removal of sanctions against the protocol. The crypto privacy protocol Tornado Cash was ported to MegaETH testnet, as originally reported by The Block. Developer Gunboats named this new adaptation ETHTornado and said it was easy to port without changing the code. “I thought, maybe someone should try to deploy [Tornado Cash] on the hottest thing right now…there is no change in code needed and that’s really a good thing,” said developer Gunboats. Gunboats decided to port the protocol after the U.S. Treasury removed sanctions from Tornado…

Crypto trading occurs on two kinds of exchanges: centralized (CEX) and decentralized (DEX). Both enable you to buy, sell, and exchange digital currencies, but they operate differently. While some like the ease of CEXs, others opt for DEXs to have more control over their funds and better privacy.You must understand the differences between the two types of crypto exchanges before you start trading. Both have their pros and cons. In this guide, we will be comparing CEX vs DEX to explore which is better for you.What are Centralized Exchanges (CEX)?Centralized Exchanges, commonly called CEXs, are online platforms where individuals can…

Learn-to-earn platform Dohrnii Labs has filed a police report in the United Arab Emirates, accusing local crypto exchange Blynex of liquidating its tokens without authorization and failing to deliver a promised loan. According to a statement shared with Cointelegraph, Dohrnii Labs deposited 12,649.99 Dohrnii (DHN) tokens — valued at more than $500,000 — with Blynex. On March 23, the company said it used 8,650 of those tokens as collateral for a 30-day loan in exchange for 80,000 Tether’s USDt (USDT).Dohrnii claims the exchange never delivered the USDT. Furthermore, the team said Blynex liquidated its entire 8,650 DHN position on Uniswap, receiving…

Berachain is rolling out the next phase of its proof-of-liquidity system, expanding governance and emissions beyond its native BEX pools.  Up until now, only Berachain’s (BERA) native exchange, BEX, was used to distribute rewards. Other decentralized applications will be able to apply for incentives through new reward vaults starting on Mar. 24, according to Berachain’s official announcement. This will help them expand by drawing liquidity. https://twitter.com/berachain/status/1902854165883167167?s=46&t=nznXkss3debX8JIhNzHmzw Liquidity pools from multiple decentralized finance platforms have been included in the initial set of vaults, with more to be added later. This has opened up a more transparent system where users have more…

The official Trump memecoin, $TRUMP, went up more than 10% to $12.25 after Donald Trump shared a post endorsing the token on Truth Social. According to data from crypto.news, the official Trump (TRUMP) token has crossed over the $12 threshold, bouncing as high as $12.25. At press time, $TRUMP has gone up more than 9% in the past 24 hours. The token is currently trading hands at $11.94. In the past month, the token has experienced a decline, going down by more than 26.4%. Not only that, the Trump memecoin’s market cap has also gotten a much needed boost after…