Author: Yeek.io

XDAO, a protocol based on The Open Network (TON), has enabled over 367,000 decentralized autonomous organizations (DAOs) to achieve legal status through its initiative that automates legal recognition for such organizations. In an announcement, XDAO said it had streamlined the DAO creation process to allow DAOs to achieve legal status. An XDAO spokesperson told Cointelegraph that the protocol offers a standard for other “sub-entities” within its legal framework. “Basically, those sub-entities exist both in relation to each other and outside entities that had acknowledged their existence and assented to some articles of the XDAO Labs’ Constitution,” the spokesperson told Cointelegraph. XDAO added that…

The founder and CEO of the investment management firm ARK Invest is warning the public of the risks of trading memecoins. In a new interview on Bloomberg Crypto, Cathie Wood says that the U.S. Securities and Exchange Commission (SEC) did an important thing in declaring that memecoins are not securities. “What they essentially were saying is we are not going to regulate them and it’s buyer beware, so I have one message for those listening who are buying memecoins, buyer beware. I think the message is loud and clear from the regulators.” She says that many memecoins will eventually lose…

The crypto industry is set to debut the first Solana futures exchange-traded fund (ETF), a significant development that may pave the way for the first Solana spot ETF, as the “next logical step” for crypto-based trading products, according to industry watchers.Volatility Shares is launching two Solana (SOL) futures ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20.The debut of the first Solana futures ETF may bring significant new institutional adoption for the SOL token, according to Ryan Lee, chief analyst at Bitget Research.Volatility Shares Solana ETF SEC filing. Source: SECThe analyst…

The government of Dubai, the United Arab Emirates’ city with the most luxurious, ultramodern architecture, has begun the pilot phase of its novel project that tokenizes real estate.Tokenization is a process that represents real estate properties (or their cash flows) as tokens on the blockchain. This helps boost liquidity and streamline processes. Finally, it enables fractional property ownership, meaning that investors can buy a portion of a property.On Wednesday, the Dubai Land Department (DLD) launched the pilot phase of its Real Estate Tokenisation Project.This government entity is responsible for registering, organizing, and promoting real estate investments in Dubai. For this…

The decentralized finance (DeFi) oracle provider RedStone has publicly refuted claims of a partnership with Web3Port, a Web3 acceleration platform, and Whisper, a market-making entity. According to an official statement released by RedStone, the rumors were false and originated without their knowledge or consent. The company clarified that neither Web3Port nor Whisper was involved with their market operations or service provisions. Important Clarification: RedStone Does Not Work with Web3Port & Whisper.We want to address recent rumours about alleged work with Web3Port and Whisper, the market maker. We want to clarify that RedStone does not work with these parties, and any…

Solana faced major resistance at $135 and $144, where nearly 5% of its total supply is concentrated. Key support at $112 and $126 could stabilize price declines, but a break below $94 might trigger a sharp drop. Solana [SOL] traders and investors closely watch the latest on-chain data as the asset navigates crucial price levels. The UTXO Realized Price Distribution (URPD) highlights significant supply concentrations at various price points, offering insights into potential support and resistance zones.  Understanding these critical levels as SOL attempts to stabilize can help predict its next move. Solana accumulation and support zones One of the…

The Problem With Online TrustThe internet is full of trust issues. Users rely on reviews, ratings, and social proof to make decisions, but these can be manipulated. Some of the biggest problems with online trust include:Fake reviews – Businesses or individuals create false positive reviews to boost their reputation or post negative ones to harm competitors.Identity fraud – Fake accounts and bots spread misinformation and conduct scams.Centralized control – Social media and review platforms control reputations, often removing accounts or reviews without transparency.Lack of accountability – Users can easily create new profiles after being banned or flagged.Data privacy risks –…

Quick take: Wall Street Journal reported that the announcement could come as soon as Thursday. NinjaTrader will continue to operate as a standalone platform under Kraken. The move will help the crypto exchange platform to expand across several asset classes including equities trading and payments. Crypto exchange platform Kraken is reportedly buying U.S. futures trading platform NinjaTradre in a $1.5 billion deal. According to the report by the Wall Street Journal, the company could use the deal to expand its asset offerings and increase its user base. The crypto exchange platform currently boasts 2.5 million funded customer accounts according to…

Homepage > News > Business > Trump’s shift in US crypto space: A focus on Bitcoin mining Under Donald Trump’s leadership, the U.S. crypto landscape is undergoing a significant shift, with a clear focus on making Bitcoin mining a central part of the nation’s economic future. Since returning to office, Trump has embraced an aggressive strategy to position the U.S. as a global leader in the digital currency sector, emphasizing Bitcoin mining. His administration is actively pushing for deregulation, reduced barriers for crypto businesses, and policies to make the U.S. an attractive destination for mining operations. A strong focus on…

$XRP has recently experienced a substantial increase in value and accumulation, decoupling from the wider altcoin sector. As per the data from Santiment, $XRP’s price shows a remarkable 14% increase over the past 24 hours amid the news about the U.S. SEC’s decision to drop its appeal confronting Ripple. The crypto market intelligence firm disclosed this massive upsurge of $XRP on its official social media account. 📈 XRP has decoupled from the altcoin pack, surging another +14% and breaching the $2.50 resistance for the first time in 12 days. Wallets with at least 1M $XRP now hold 46.4B coins, as…