Author: Yeek.io

Aave v3 has launched on Celo, expanding DeFi access to Celo’s mobile-first users and opening the platform to broader user growth. The latest version of the lending and borrowing protocol Aave (AAVE) v3 has just launched on Celo, following the overwhelming approval by Aave’s community. With this integration, Celo (CELO) users can now lend, borrow, and earn yiled on their staked assets. Specifically, the deployment will support CELO, Tether (USDT) and USD coin (USDC) for collateral. For borrowing, it will also support cUSD, and cEUR. “Celo was built to provide individuals and communities worldwide with accessible, efficient financial tools, and…

The metaverse, web3, and of course, AI, have been the three inescapable tech trends. Improbable is one of the few companies that can claim to be at the forefront of each of those trends.In our latest TechTalks with TFN we spoke to Peter Lipka who with Herman Narula founded metaverse pioneer Improbable. He discussed their latest moves to create an open metaverse, embrace AI, and how to thrive in a sector dominated by just a few tech giants.Watch the full episode on YouTube here, and don’t forget to like and subscribe to TFN! Although the metaverse has been with us…

Dogecoin (DOGE) price has crashed by over 70% after hitting $0.48 in December 2024. Interestingly, the memecoin’s richest holders have accumulated during the price declines, indicating their confidence in a potential rebound in the coming weeks.Dogecoin onchain metrics hint at price rebound Onchain data from Santiment shows that wallets holding at least 1 million DOGE have increased by 1.24% since early February, despite declining prices. Meanwhile, active addresses have surged to a four-month high, suggesting rising network activity.Dogecoin addresses holding at least a million DOGE vs. price. Source: SantimentTypically, when large holders accumulate an asset while prices decline, it signals…

Xapo Bank, a global cryptocurrency-friendly bank headquartered in Gibraltar, is betting on crypto lending revival by launching Bitcoin-backed US dollar loans.Qualifying Xapo Bank clients can now access Bitcoin (BTC) loans of up to $1 million, the firm said in an announcement shared with Cointelegraph on March 18.The new lending product is designed for long-term Bitcoin hodlers who want to access cash while keeping their BTC, Xapo Bank CEO Seamus Rocca told Cointelegraph.“Unlike traditional assets, Bitcoin is an ideal form of collateral — it is borderless, highly liquid, available 24/7, and easily divisible, making it uniquely suited for lending,” Rocca said.No…

Homepage > News > Business > US advances ‘debanking’ bill; new ChokePoint docs disappoint American legislators are advancing plans to ensure crypto operators retain access to banking services, even as those operators continue to cite evidence of ‘debanking’ that doesn’t actually exist. On March 13, the Senate Banking Committee voted to advance the Financial Integrity and Regulation Management Act (FIRM) introduced on March 6 by committee chair Sen. Tim Scott (R-SC). The Act’s stated purpose is to “curtail the weaponization of federal banking agencies by eliminating reputational risk as a component of the supervision of depository institutions.” This alleged weaponization…

The co-founder of Ethereum and one of the most popular crypto personalities, Vitalik Buterin has recently minted 315,382 DAI stablecoins while also selling various meme coins for ETH on 18th March. As per Onchain Lens data, Vitalik minted DAI right after selling memecoins, which includes 146.18 billion FML, 180.88 billion SHIB, 7.17 billion of VB and 366.47 million AWESOME – all for 6.507 ETH. Just In: Vitalik (@VitalikButerin) has minted 315,382 $DAI.He also sold meme tokens for 71.69 ($136,684) $ETH:– 146.18B $FML for 2.51 $ETH– 180.88B $SHIB for 0.987 $ETH– 7.17B $VB for 1.57 $ETH– 366.47M $AWESOME for 1.44 $ETHPreviously,…

Shiba Inu saw a massive fall in large holder netflows, hinting at a hike in selling pressure SHIB seemed to be trading in a descending triangle in the backdrop of its long-term downtrend Shiba Inu’s (SHIB) large holders lost momentum with a 70% fall in their inputs, indicating wholesale wallet abandonment. The massive fall corresponded with Large Holder Netflows falling during a week when $1-$10 million SHIB wallet investors reduced their holdings by 31% in a day. Whale cash-outs from the market lowered SHIB’s liquidity to levels where the price was stuck in bearish range below $0.000014. The lack of…

StanChart’s Geoffrey Kendrick projected that Base has clawed $50B from ETH’s market cap.  Amberdata believed ETH could offer more shorting gains in the near term.  Standard Chartered (StanChart) has massively downgraded its Ethereum [ETH] price target for 2025 from $10K to $4K, a 60% slash. According to a report by The Block, StanChart’s Head of Digital Assets Research, Geoffrey Kendrick, singled out Coinbase’s Base as one short-term risk factor.  Kendrick noted, “Layer 2s, and Base in particular, now extract super-profits from the Ethereum ecosystem…We estimate that Base (the dominant Layer 2) has removed $50 billion of market cap from Ethereum…

Soulbound Tokens (SBTs): What are they?Immutable digital tokens kept on a blockchain are known as soulbound tokens. They cannot be exchanged or transferred to another person like NFTs or cryptocurrencies. They are thus best suited for personal credentials such as professional achievements, education certificates, and medical licenses.SBTs are long-term documents connected to a person’s online persona. Credentials are reliable and verifiable since they are on a decentralized ledger and cannot be altered or copied.How Blockchain Education Benefits from Soulbound Tokens1. Tamper-Proof Digital CredentialsEducational institutions can issue diplomas, course completions, and certifications as soulbound tokens. Since blockchain records are immutable, these…

According to a filing with the U.S. Securities and Exchange Commission on Monday, Hashdex has requested approval for an amendment that would enable the digital asset manager to incorporate XRP, Solana, Cardano, and other major altcoins into its Hashdex Nasdaq Crypto Index US ETF (NCIQ).Hashdex’s AmendmentHashdex, a crypto asset manager, has submitted an amendment to the U.S. Securities and Exchange Commission (SEC) requesting approval to add several major altcoins like SOL SOL and XRP XRP, along with other cryptocurrencies, to its Nasdaq Crypto Index US ETF. The proposal also includes Cardano’s ADA ADA, Litecoin’s LTC LTC, and other altcoins such…