Author: Yeek.io

The controversy surrounding Meteora deepened after co-founder Ben Chow’s X account posted an incendiary statement about the meme coin industry, specifically targeting key players involved in the launch of several tokens, including Libra (LIBRA), Melania Meme (MELANIA), and Official Trump (TRUMP). The post, which was later deleted, accused members of the DeFiTuna team of exploiting the meme coin market for personal gain. However, Meteora quickly distanced itself from the statement, claiming that Chow’s account had been compromised.Hack Confirmed: Are The Allegations True?Meteora’s official X account confirmed that unauthorized access had been gained but was subsequently restored. https://twitter.com/MeteoraAG/status/1899278675960647784 Chow’s alleged statement,…

As Solana celebrates its fifth anniversary, new data from global payments infrastructure platform Mercuryo reveals extreme levels of volatility in Tether trading on the Solana transport layer this year.  The sharp price movements reflect growing interest from crypto traders in Solana (SOL), which has become one of the most active blockchain networks by transaction volume. Solana’s genesis block was created on March 16, 2020. Over the past five years, the network has processed more than 408 billion transactions and nearly $1 trillion in trading volume on decentralized exchanges, establishing itself as a dominant player in the layer-1 blockchain space. Since…

Ethereum faced its worst start in a decade with a 47% Q1 drop and sell-side dominance. ETH struggled with exhaustion and lackluster recovery, making a rebound to its all-time high uncertain. Ethereum [ETH] has had a rough start to 2025, facing its worst performance in a decade with a 47% drop in the first three months. The heavy selling pressure surrounding ETH has raised serious doubts about its ability to recover, leaving many investors questioning if it can regain its all-time high later this year. ETH’s worst Q1 in 10 years For the first time in the last ten years,…

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. Market watchers have taken notice of Bitcoin’s recent price swings after a notable surge in transactions from affluent individuals. Market observers think that this might lead to a brief price spike, even while larger economic worries still throw a…

Weekly recap: last week, there were many significant developments in the crypto and NFT markets, shaping investor sentiment and market trends. These events highlight the evolving landscape of crypto, DeFi, and NFTs.SEC delayed XRP ETFOn Tuesday, the U.S. Securities and Exchange Commission (SEC) delayed its decision on Grayscale’s XRP ETF application. This move was not unexpected, as the SEC continues to grapple with classifying XRP as a commodity or security. Market sentiment took a hit, with XRP prices XRP dipping slightly as traders expressed disappointments. The delay prolongs uncertainty for investors, amid a similar fate for other crypto ETFs like…

Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies. According to a March 17 announcement, the forthcoming Converge blockchain is an Ethereum Virtual Machine that will provide retail investors with access to “standard DeFi applications.” It will also specialize in institutional-grade offerings that will help bridge traditional finance with DeFi opportunities. The Converge blockchain is announced at the Tokenize NYC conference on March 17. Source: CointelegraphConverge will launch with various product offerings, including Ethereal, Morpho, Maple Labs, Pendle and Aave Labs’ Horizon. Converge’s…

The firm behind Ethena protocol and creator of USDe stablecoin, Ethena Labs has launched a new blockchain called Converge to serve for institutional DeFi products. This newly unveiled blockchain is an EVM compatible settlement layer, launched in partnership with Securitize – the tokenization firm responsible for launching BUIDL fund for BlackRock. As per Ethena Lab’s official announcement, the vision for Converge is to provide a purpose built settlement layer where TradFi will merge with DeFi, centered on stablecoins USDe & USDtb. The protocol primarily seeks use of Converge for settlement for spot and leveraged DeFi trading and storage for tokenizing…

  The Shiba Inu weekly price action laid out a strongly bearish bias. The lower timeframe chart highlighted two key Fibonacci retracement levels to watch. Shiba Inu [SHIB] had fallen below a key long-term level last week but was trying to find its way back above. However, the price action in recent months meant the higher timeframe bias remained bearish. The Bitcoin [BTC] range formation in December began the SHIB movement downward. Other events saw the bullish conviction in memecoins eroded, a trend that has not yet halted. Shiba Inu bulls likely to have a hard time Source: SHIB/USDT on…

Shiba Inu ($SHIB) has been making waves with a considerable price upsurge over the past 24 hours. At the moment, $SHIB’s price level accounts for a 1.47% increase during the recent twenty-four hours. Irrespective of the slight dips, $SHIB has an overall bullish momentum. Hence, its price is gradually moving upward despite minor plunges. Based on this, the well-known meme coin has a substantial potential to perform a price upsurge in the near term. Shina Inu ($SHIB) Price Value At the time of writing, on March 17th, Shiba Inu ($SHIB) is changing hands at $0.00001318. This suggests a cumulative 1.47%…

Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies. According to a March 17 announcement, the forthcoming Converge blockchain is an Ethereum Virtual Machine that will provide retail investors with access to “standard DeFi applications.” It will also specialize in institutional-grade offerings that will help bridge traditional finance with DeFi opportunities. The Converge blockchain is announced at the Tokenize NYC conference on March 17. Source: CointelegraphConverge will launch with various product offerings, including Ethereal, Morpho, Maple Labs, Pendle and Aave Labs’ Horizon. Converge’s…