Author: Yeek.io
Spot ETH ETFs See Continuous OutflowsAccording to SosoValue data, spot ETH ETFs have recorded 11 straight days of withdrawals, totaling over $370 million. Investors remain bearish, with a mere day of inflows during March. The total net asset value of all U.S. spot ETH ETFs currently stands at $7.01 billion, a decrease of 44% since the beginning of the year.Ongoing outflows indicate that more is being taken out than invested. The trend is adding to selling pressure and reflects a crisis of confidence in Ethereum’s short-term market direction.The open interest (OI) of Ethereum has also reduced, falling 20% in the…
Moku has unveiled a new trailer for its upcoming web3 autobattler—Super Battle Moki.The game is set to enter a closed beta phase from late March to early April and will be restricted to Moki Genesis NFT holders, giving them an opportunity to test the game before its wider release.In addition to the trailer, Moku has also announced several ecosystem updates, including new features for its flagship projects, token staking opportunities, and gameplay expansions. Source: MokuWhat is Super Battle Moki?Super Battle Moki is an asynchronous autobattler in which players assemble teams of tamakins—small creatures with unique abilities—to compete against opponents. The…
Homepage > News > Tech > Developers in Japan can now get hands-on with BSV’s Python SDK Japanese developers will get another chance to discover more about blockchain and Web3 apps this week. BSV Blockchain Ambassador and YenPoint CEO Ken Sato is co-presenting a session on BSV’s Python SDK at Tohoku University in Sendai titled “Introduction to Blockchain Development with Python – Creating Transactions and NFTs.” More information on the session (in Japanese) is here. It’s part of Tohoku University’s Web 3.0 Related Technology Hands-On Seminar, organized by the Data-Driven Science / AI Education and Research Center. The segment focusing on BSV and, specifically the Python…
South Korean prosecutors have launched a formal investigation into Bithumb, one of the country’s largest cryptocurrency exchanges, over allegations that company funds were misused to facilitate an apartment purchase for its former CEO. The Seoul Southern District Prosecutors’ Office executed a search and seizure operation on March 20 at Bithumb’s headquarters in Yeoksam-dong.Authorities suspect that Bithumb provided a 3 billion Korean won (approximately $2.4 million) lease deposit for an apartment in Seongsu-dong to its former CEO and current advisor, Kim Dae-sik. There are allegations that a portion of these funds was diverted for the personal acquisition of the property, prompting…
US President Donald Trump is steadily aligning his administration with the crypto industry. On March 20, he addressed a community conference for the first time since being elected. Speaking at the Blockworks Digital Asset Summit on March 20 in a pre-recorded statement, Trump reiterated that the US would take steps to ensure it is the “crypto capital of the world.”The president lauded the recent regulatory shift in the crypto industry over the previous administration and added:“Pioneers like you will be able to improve our banking and payment system and promote greater privacy, safety, security and wealth for American consumers and…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A BlackRock executive anticipates that the price of Bitcoin will increase in accordance with its growing institutional adoption. Robbie Mitchnick, BlackRock chief of digital assets, stated that Bitcoin remains 15% above its early November levels, despite recent price declines.…
Meme Index ($MEMEX), an innovative meme coin investing platform, is showing incredible demand in its presale as its total raise clears $4.1 million.The project will make investing in meme coins easy, offering the first-ever decentralized meme coin indexes that provide diversified exposure within one of crypto’s hottest asset classes.Due to its fundamentally solid use case, industry experts are tipping Meme Index for substantial gains. However, the presale is set to end in just 11 days. For those wishing to buy $MEMEX at a fixed and discounted rate before it goes live on exchanges, now is the time to act.Expert Says $MEMEX…
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…