Author: Yeek.io

Opinion by: Simon McLoughlin, CEO at Uphold2021 witnessed a fintech investment boom, with startups raising approximately $229 billion globally. Higher interest rates and tighter economic circumstances have since tempered that exuberance, but funds continue to pile into the sector. Indeed, the global fintech sector is expected to see a rebound in investment activity throughout 2025.Why are investors continuing to bet big on this sector? The answer is simple. The current international finance system is in urgent need of modernization. Built for a pre-internet age, it relies on outdated processes, chains of intermediaries and a patchwork of non-standard regulations. An aging and…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The recent hack on Bybit that led to the theft of $1.5 billion worth of digital assets is a wake-up call for the entire crypto industry. This attack exploited vulnerabilities in multi-signature authorization and UI spoofing tactics, deceiving users into believing they were transacting with the correct address when, in reality, the interface had been manipulated. Even experienced crypto professionals can overlook such discrepancies without rigorous scrutiny. In the fast-paced environment of digital asset exchanges, these threats…

Blockchain sleuth ZachXBT slammed pseudo decentralized protocols for profiting from North Korea-backed exploits. The crypto industry’s handling of hacks and shady activity is coming under fire, with blockchain sleuth ZachXBT calling out several pseudo-decentralized protocols for profiting from North Korea-linked exploits while avoiding responsibility. In a Telegram post on Tuesday, March 18, the crypto investigator called the nearly $1.5 billion Bybit hack “eye opening,” warning that the industry’s security problems might not improve without government regulations that could “hurt our entire industry.” Per ZachXBT, several “decentralized” protocols have generated nearly all of their monthly volume and fees from transactions linked…

Quick take:  The fundraising also attracted participation from Polychain Capital. The company will use the fresh capital to expand its $80 million yield-paying stablecoin, lvlUSD. The announcement comes amid rising demand for yield-generating assets. Stablecoin protocol Level has rasied $2.6 million in a funding round led by existing investor Dragonfly Capital, with participation from previous investor Polychain Capital. New investors in the round include Flowdesk, Echo syndicates Native Crypto and Feisty Collective by Path, and angel investors Sam Kazemian of Frax and Albert Chon of Injective. The fresh funding brings the total raised to $6 million, founders David Lee and…

In the last 24 hours, the price of BNB has been under a strong buying pressure as it surged toward $640. Buyers are currently aiming for a breakout as BNB price heads toward breaking above immediate resistance line. Additionally, BNB’s trading volume has surged by 9.14% in the past 24 hours, reaching $2.25 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 dropped by 0.41% to $90.6 billion. BNB Faces a…

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. Banks and other global financial organizations are becoming more interested in XRP, the cryptocurrency and digital payment system. However, the price of the altcoin has not changed, leaving many investors and analysts perplexed. While some contend that the usage…

Solana’s now-deleted “America is Back—Time to Accelerate” ad on X received immense criticism from the community with tags including “cringe,” and “offensive.”On March 17, the blockchain platform posted an ad that depicted a man named “American” in conversation with a consultant. The person has been detected with “rational thinking syndrome” during the therapy session.Solana’s “Accelerate” Conference Ad‘American’ expresses interest in fields, including tech innovation, nuclear energy, crypto and AI.Screenshot of the ad. Source: XThe video showed the consultant guiding him to focus on gender identity, and social constructivism. However, American expressed dissatisfaction, yelling out “I want to invent technologies, not…

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…