Author: Yeek.io

Opinion by: Dan Hughes, founder of Radix Crypto has spent years betting on layer-2 (L2) solutions as its magic bullet for fixing issues with scalability. What if they’re the very thing putting us at risk?Instead of paving the way for mass adoption, this fixation has created a tangled web of rollups, bridges and fragmented liquidity, threatening blockchain’s core principles of decentralization and security. The dream of a seamless, decentralized network is fading, overshadowed by a complex system that echoes the inefficiencies and centralization of the traditional financial world. Are we scaling innovation or just recreating the past?The blockchain trilemmaL2s were supposed…

The cryptocurrency world was recently shaken by an explosive revelation from renowned blockchain investigator ZachXBT concerning the recent trending HyperLiquid Whale. The so-called “HyperLiquid Whale,” a trader who amassed nearly $20 million in profits through high-leverage trading, has been identified as William Parker, a convicted fraudster with a long history of financial crimes. It’s funny watching CT speculate on the “Hyperliquid whale” when in reality it’s just a cybercriminal gambling with stolen funds.— ZachXBT (@zachxbt) March 18, 2025 Who Is The HyperLiquid Whale?For weeks, the identity of the HyperLiquid Whale remained a mystery, and speculation ran wild. In fact, Justin…

Whales remain active, with significant withdrawals from exchanges, but these movements have not reversed the bearish trend. Exchange netflows show a blend of accumulation and selling, with large holders redistributing their assets. A few days ago, Shiba Inu’s [SHIB] whale activity was showing concerning trends. Wallets holding between $1 million and $10 million worth of SHIB reduced their balances by 31% in a single day. This created significant selling pressure, pushing the price below $0.000014 and making it difficult for SHIB to find stability. The lack of new whale entries weakened liquidity, keeping SHIB trapped within a descending triangle formation.…

Quick take: The Foundation will use the capital for the expansion and maintenance of its decentralized data storage protocol and application development platform. Walrus Protocol allows any application to publish, read, and program large data files. The announcement comes ahead of the Protocol’s mainnet launch on March 27. Walrus Foundation has raised $140 million in a token sale led by Standard Crypto. The fundraising also attracted participation from a16z crypto, Electric Capital, Creditcoin, Lvna Capital, Protagonist, Franklin Templeton Digital Assets, Karatage, RW3 Ventures, Comma3 Ventures, and The Raptor Group, the Foundation wrote in a blog post. Walrus plans to use…

The FOMC meeting, coupled with Donald Trump’s post, hinted at a potential end to QT in April. Positive sentiment was further fueled by key metrics and notable figures like Brad Garlinghouse addressing the crypto summit. The crypto markets reacted positively to expectations of reduced monetary system rates for the medium term. FOMC comments were less strict than anticipated, and rising activity in conventional financial markets fueled optimism. Despite this, rates remained unchanged, with no clear indication of potential reductions. Jerome Powell, Chair of the Federal Reserve, emphasized that high interest rates are essential to combat inflation. He lowered economic growth…

The crypto market is currently facing significant pressure, largely due to US President Donald Trump’s trade war and deteriorating macroeconomic conditions. These factors have put markets under strain, with some analysts predicting that the bull run is over and a bear market may be on the horizon.In a recent Cointelegraph interview, Kevin O’Leary, also known as “Mr. Wonderful,” shared his thoughts on the current state of the market and what could be ahead. Despite the turbulence, O’Leary remains optimistic about the future of Bitcoin (BTC). He explains that while the market is under pressure, he still expects Bitcoin to end…

Binance, the world’s leading cryptocurrency exchange, has announced Nillion (NIL) as the 65th project on Binance Launchpool. Nillion is a computational network designed to address security challenges for high-value data.Farm NIL Tokens on Binance LaunchpoolStarting from March 21, 2025 00:00 (UTC), users can stake their BNB, FDUSD, and USDC in the Binance Launchpool to earn NIL tokens. The farming period lasts three days, ending on March 23, 2025 23:59 (UTC).Reward DistributionBNB Pool: 28,000,000 NIL in rewards (80% of total rewards)FDUSD Pool: 3,500,000 NIL in rewards (10% of total rewards)USDC Pool: 3,500,000 NIL in rewards (10% of total rewards)Dates (00:00:00 –…

Key Takeaways: The proposal may drive lawmakers to reassess existing definitions and rules for digital assets. It might shift debates toward blending market freedom with measures that safeguard users. The call opens discussions on updating oversight mechanisms amid evolving crypto trends. The political framing introduces a fresh angle to future regulatory discourse. President Donald Trump delivered a virtual address at the Digital Assets Summit in New York on Thursday, where he urged Congress to pass stablecoin regulation legislation and outlined plans to position the U.S. as a leader in cryptocurrency and financial technologies.During his speech, Trump called on Congress to…

Lace, a web3 non-custodial wallet developed by Input Output, is now multichain, with initial support including Bitcoin. Input Output, an infrastructure and web3 research platform founded in 2015 by Charles Hoskinson and Jeremy Wood, announced the development via a press release on Mar. 20. Hoskinson is the founder of Cardano (ADA), one of the top cryptocurrency and blockchain projects. According to IO, the Lace wallet’s non-custodial solution is now officially multichain. The launch expands the wallet’s support beyond Cardano, with initial support for Bitcoin (BTC). “The future of blockchain is multichain, and with Lace, we’re making sure users have everything…

In the last 24 hours, the price of BNB has been under a minor bearish pressure as it got rejected below $640. Buyers are currently aiming for an upward correction as BNB price gains momentum for another retest of resistance. Additionally, BNB’s trading volume has surged by 25.3% in the past 24 hours, reaching $2.4 billion. Looking at the bigger picture, BNB’s price has been facing increasing downward volatility since the crash on February 3. However, BNB is now recovering with a bullish rally. In the last 24 hours, its market cap has surged by 3% to $89.5 billion. BNB…