Author: Yeek.io

The dYdX community has kicked off its first-ever DYDX Buyback Program, taking a big step toward reinforcing the token’s value and utility. From this month onward, 25% of the protocol’s net fees will be allocated to purchasing DYDX tokens from the market. These tokens will then be staked, boosting network security and ensuring the token remains closely tied to the platform’s continued expansion. How Protocol Revenue will be used Previously, all of dYdX’s protocol revenue was distributed among ecosystem participants. With this buyback program in place, funds will now be allocated as follows: 10% – Treasury SubDAO (supports financial initiatives)…

Fartcoin, the third-biggest meme coin on the Solana ecosystem, fires on all cylinders as charts signal more upside Fartcoin (FARTCOIN) has jumped to $0.60, its highest level since February 11, and is up 180% from its lowest level this year. This rebound has pushed its market cap to $510 million. The ongoing rebound has coincided with the ongoing Solana (SOL) meme coin recovery. Bonk (BONK) has jumped by 35% in the last seven days, while Dogwifhat (WIF), and Popcat (POPCAT) have soared by over 20%. As a result, the market cap of all Solana meme coins has jumped from $7.5…

Korean AI chip startup FuriosaAI has rejected an $800 million acquisition offer from Meta Platforms Inc., opting to continue growing as an independent company, according to sources familiar with the matter. Meta had been in discussions to acquire the Seoul-based firm since the beginning of the year, but FuriosaAI declined the offer, with no official comment from either company. FuriosaAI’s Vision: Competing with Industry Giants Founded eight years ago and led by June Paik, a former executive at Samsung Electronics Co. and Advanced Micro Devices Inc., FuriosaAI focuses on developing AI inference semiconductors to rival products from market leaders like…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The XRP price has been consolidating for an extended period after its previous rally. However, a crypto analyst warns that the cryptocurrency could face a flash crash in April, potentially driving its price to new lows. Despite this, the…

The meme coin market is characterized by unmatched levels of volatility. While this can result in huge gains, it also makes identifying promising projects difficult. Meme Index ($MEMEX) offers a solution: It creates decentralized meme coin indexes that investors can buy for diversification and stability.People can’t get enough of the idea. The project is currently undergoing a presale where it has raised $4.1 million so far, showing substantial market appeal.In addition, Meme Index has received praise from standout industry analysts, with some even saying it could be the big crypto presale to buy now.The $MEMEX presale is available to buy…

Homepage > News > Business > Internet’s future is decentralized: World Wide Web founder You open your browser, and as a 21st-century netizen, your natural first impulse is to click on Facebook or something like it—some platform to which you first signed up to keep in touch with your friends and family or maybe even make new ones. But where you once saw a scrolling feed of invitations to cousins’ birthday parties, photographs from your aunt’s recent trip to Majorca, and humorous personal status updates from your best friends, what you now see is an unrecognizable horror show. Angry people…

Sonic price continued its recent uptrend as most cryptocurrencies rebounded and its Decentralized Finance ecosystem soared. Sonic (S), formerly known as Fantom, rose to a high of $0.6072 on Monday, its highest level since March 3. In an X post, The DeFi Plug, a popular crypto researcher, explained two main reasons why the ongoing Sonic rally has more room to run. First, he noted that the Sonic token was highly undervalued compared to other layer-1 coins, especially Solana. He pointed out that Solana (SOL). He noted that Solana had a market cap-to-DeFi TVL multiple of 12 compared to Sonic’s 2.…

The acting chair of the US Securities and Exchange Commission has reportedly voted against the agency suing Elon Musk over the billionaire’s alleged securities violations concerning the disclosure of Twitter stocks. Citing anonymous sources, Reuters reported on March 24 that the SEC’s five commissioners conducted a vote on whether to sue Musk or not before the agency filed its lawsuit against the billionaire. Four commissioners voted in favor, while the lone dissent came from Mark Uyeda, who was appointed acting chair by US President Donald Trump on Jan. 20. SEC Commissioner Hester Peirce voted along with three other commissioners to sue Musk. Uyeda…

1inch’s investment fund is offloading portions of its crypto holdings despite a recent market rebound, signaling a strategic effort to cut losses and hedge against further potential downside. According on-chain monitoring X account EmberCN, the 1inch team’s investment fund recently sold 37.9 Wrapped Bitcoin (WBTC) at $86,578 each, totaling about $3.28 million, and 511 Ethereum (ETH) at $2,072 each, amounting to around $1.05 million. EmberCN revealed that from Feb. 2 to March 10, the fund spent a total of $44.22 million on WBTC, ETH, and 1INCH. This included purchasing 11,198 ETH for a total of about $28.85 million at an…

Quick take: Rain leverages its partnership with Visa to issue debit and credit cards that can be used to make purchases and payments using stablecoins and other cryptocurrencies. The company plans to expand customer access to stablecoins enabling it to provide digital dollar services to people globally. The announcement follows Rain’s partnership with Avalanche to launch a Visa card that allows people to make payments using the AVAX token and stablecoins. Rain has raised $24.5 million in a funding round led by Norwest Venture Partners. The fundraising also attracted participation from Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka, co-founder and…