Author: Yeek.io

Chainlink is a prominent name in cryptocurrency discussions due to its unique functionality. Founded by Sergey Nazarov and Steve Ellis, Chainlink addresses the oracle problem of integrating real-world data into blockchains. This guide explains how Chainlink works, the role of its LINK token, and its future potential.What is Chainlink?Source: Chainlink WebsiteChainlink is a solution that connects decentralized applications (DApps) and blockchains to reliable real-world data, ensuring smart contracts have secure access to external information necessary for proper functionality. As a decentralized oracle network, Chainlink ensures that external data is queried, verified, and authenticated before being sent to smart contracts. This…

Update March 22, 2025, 10:08 a.m. UTC: This article has been updated to include an embed of the Chainreaction episode.The cryptocurrency industry may still be facing debanking-related issues in the United States, despite the recent wave of positive legislation, according to crypto regulatory experts and industry leaders.The collapse of crypto-friendly banks in early 2023 sparked the first allegations of Operation Chokepoint 2.0. Critics, including venture capitalist Nic Carter, described it as a government effort to pressure banks into cutting ties with cryptocurrency firms.Despite numerous crypto-positive decisions from US President Donald Trump, including the March 7 order to use Bitcoin (BTC)…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

2LG will shut down its non-fungible token (NFT) marketplace, Art Lab, on June 17, after three years of operation, according to a notice on its website.Launched in 2022, Art Lab allowed smart TV users to buy, sell, and display NFTs directly from their screens. The platform initially operated on the Hedera network before expanding to Ethereum.LG did not provide specific reasons for the shutdown but stated it would “shift focus and explore new opportunities.”The decision aligns with a broader trend in the NFT space. Several companies, including Kraken, Immutable, Quidd, and MakersPlace, have already shut down their NFT marketplaces. The…

Key Takeaways: Discussions arise on aligning digital mixing tools with current crypto oversight. Experts examine how smart contract rules fit decentralized models. Authorities explore refined frameworks for managing risks tied to digital assets. The U.S. Treasury removed sanctions on Ethereum-based transaction mixer Tornado Cash on Friday, citing a reassessment of digital finance policies and legal concerns.In a Friday press release, the Treasury said it reassessed the application of sanctions on decentralized platforms like Tornado Cash. The announcement followed a Monday court filing in Van Loon v. Department of the Treasury, where officials argued that evolving financial technologies required updates to…

Coinbase is in advanced talks to buy Deribit, a cryptocurrency derivatives exchange, according to a March 21 report by Bloomberg.Acquiring Deribit — the world’s largest venue for trading Bitcoin (BTC) and Ether (ETH) options — would bolster Coinbase’s existing derivatives platform, which currently focuses on futures. Coinbase and Deribit have reportedly alerted regulators in Dubai to the deal talks. Deribit holds a license in Dubai, which would need to be transferred to Coinbase if a deal goes through, according to Bloomberg, which cited unnamed sources. In January, Bloomberg reported that a deal with Coinbase could value Deribit at between $4 billion and…

Specifically, a significant proportion of users on Polymarket are wagering that Bitcoin will decline to $75K by the end of March this year. This reflects a prevailing pessimistic sentiment.A Growing Sense of Apprehension within the CommunityIt is relatively understandable that many individuals are concerned about the less-than-optimistic outlook for Bitcoin and the broader market this year.The market is currently exhibiting extreme unpredictability, with major cryptocurrencies demonstrating sluggish momentum, while mid-cap and lower market capitalization coins are increasingly vulnerable due to the escalating fragmentation of market liquidity.The Fear & Greed Index, a metric used to gauge market sentiment, is currently registering…

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…