Author: Yeek.io

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…

Crypto analysts predicted that Dogecoin could still reverse its current downward trend and propel itself to hit $1 per coin, a forecast that might increase investors’ optimism about the popular meme coin. Market experts said that Elon Musk’s favorite meme coin can bank on the increasing whale activity and a positive outlook from the Stochastic RSI analysis showing a potential upward price trajectory. Optimism On The DOGE Dogecoin might not have been spared by the bearish market condition affecting the broader cryptocurrency space but despite the memecoin’s facing several short-term challenges, crypto analysts remain confident in the future of the…

A Coinbase report revealed that the crypto exchange is the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether.In a performance report, Coinbase said it had 3.84 million Ether (ETH), worth about $6.8 billion, staked to its validators. The exchange said that, as of March 3, it has 11.42% of the total staked ETH. Anthony Sassano, host of The Daily Gwei, said that Coinbase’s stake makes the exchange the “single largest node operator” in the network. Sassano added that while the staking platform Lido is bigger as a collective, each node operator has a much smaller percentage…

Garantex, a Russian crypto exchange sanctioned by the US, is reportedly back in business under a new name, Grinex, after moving funds and users to the platform. A report from Swiss blockchain analytics firm Global Ledger claims that Garantex has shifted its liquidity and customer balances to Grinex. The report cited on-chain and off-chain evidence linking the two exchanges despite Garantex’s official shutdown. Global Ledger found that Garantex laundered over $60 million worth of ruble-backed stablecoins, A7A5, through a process of burning and reminting to wipe transaction histories. These funds were then funneled to Grinex, allowing the new platform to…