Author: Yeek.io
Real-world asset (RWA) re-staking protocol Zoth suffered an exploit leading to over $8.4 million in losses, leading the platform to put its site on maintenance mode. On March 21, blockchain security firm Cyvers flagged a suspicious Zoth transaction. The security firm said that the protocol’s deployer wallet was compromised and that the attacker withdrew over $8.4 million in crypto assets. The blockchain security firm said that within minutes, the stolen assets were converted into the DAI stablecoin and were transferred to a different address. Cyvers added the protocol’s website had been maintained in response to the incident. In a security notice, the platform…
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. Bloomberg Intelligence’s chief commodity strategist, Mike McGlone, has issued a stark caution to Dogecoin holders and the broader crypto community by drawing comparisons to historical instances of market excess. In a series of recent posts published on X ,…
Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Fluid Vault 2,500.00 ETH 1 ethereum View 2 Courtyard.io 401.47 ETH 12179 polygon View 3 Pudgy Penguins 197.28 ETH 20 ethereum View 4 CryptoPunks 156.45 ETH 4 ethereum View 5 Yumemono ☆ 夢物 130.36 ETH 5006 ethereum View 6 SMB Gen2 0.00 ETH 91 solana View 7 Good Vibes Club 119.73 ETH 267 ethereum View 8 Lil Pudgys 101.94 ETH 87 ethereum View 9 Bored Ape Yacht Club 75.05 ETH 5 ethereum View 10 Vegetable flowers 68.83 ETH 744…
Key Takeaways: Digital stable currencies draw increasing interest amid wider user adoption. Policy makers are defining clearer oversight paths for these digital assets. The evolving market reshapes monetary flows in our interconnected system. The stablecoin market crossed the $230 billion mark this week, driven by rising adoption and renewed regulatory efforts in the U.S., according to data from DefiLlama.Stablecoins’ Role in Finance Amid Surging Adoption and Regulatory DevelopmentsData shows the stablecoin market cap now stands at $230.2 billion, adding $1.83 billion over the past week. This marks a 72% year-to-date increase from last year’s $133.25 billion valuation. Tether’s USDT leads…
Stablecoin issuer Tether is reportedly engaging with a Big Four accounting firm to audit its assets reserve and verify that its USDT (USDT) stablecoin is backed at a 1:1 ratio.Tether CEO Paolo Ardoino reportedly said the audit process would be more straightforward under pro-crypto US President Donald Trump. It comes after rising industry concerns over a potential FTX-style liquidity crisis for Tether due to its lack of third-party audits.Tether to produce first full audit after scrutiny“If the President of the United States says this is top priority for the US, Big Four auditing firms will have to listen, so we…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Ethereum Supply on Exchanges has seen a sharp decline recently, something that could be bullish for ETH’s price. A Large Amount Of Ethereum Has Left Exchanges Recently According to data from the on-chain analytics firm Santiment, the ETH Supply on Exchanges has fallen to its lowest point in almost 10 years. The “Supply on Exchanges” refers to an indicator that measures the total amount of Ethereum that’s currently sitting in the wallets of all centralized exchanges. When the value of this metric observes…
Opinion by: Abdul Rafay Gadit, co-founder of ZIGChainAmerica’s tariff regime has apparently fueled a global trade war, forcing investors to explore stable, yield-generating alternatives. A closer look reveals that illiquidity, opacity and scalability challenges have plagued global financial markets for long. They weren’t in great shape anyway, trade war or no trade war.Tokenized real-world assets (RWAs) have risen to this occasion — thankfully. For one, they ensure predictable yields, providing a haven for investors amid uncertain market conditions and unproductive volatility. Above all, though, RWAs are a lifeboat for legacy finance, as they enhance market liquidity, bring transparency to opaque markets,…
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. In an X post published yesterday, seasoned crypto analyst Ali Martinez highlighted that, based on price band analysis, Bitcoin (BTC) could surge to $112,000 if it breaks and holds above a key level. Analyst Outlines Key Bitcoin Level Following…
Key Takeaways: SEC disengagement from the Ripple dispute hints at a move toward streamlined oversight with more predictable regulatory approaches. Calls for stablecoin regulation seek to establish uniform standards, easing compliance and reducing market uncertainty. These shifts may foster a clearer environment that encourages institutional participation and deeper market engagement. The evolving U.S. framework could set international benchmarks, prompting a broader rethinking of digital asset rules. Regulatory developments in cryptocurrency intensified this week, marked by two major U.S. events: the SEC ending its prominent legal dispute with Ripple over XRP, and President Donald Trump calling for clear stablecoin regulation.Additionally, the…
America’s pro-crypto policy shift has become a bipartisan commitment as Democrats and Republicans look to secure the US dollar’s influence as a global reserve currency. According to US Representative and California Democrat Ro Khanna, at least 70 of his fellow party members now understand the importance of stablecoin regulation. According to Khanna, Americans can expect sensible crypto market structure and stablecoin bills this year. Under normal circumstances, this news would send crypto prices soaring, but that’s not been the case as President Donald Trump’s trade policies stoke recession fears.ARK Invest CEO Cathie Wood is the latest crypto industry executive to sound…