Author: Yeek.io
Hayden Davis, the controversial CEO of Kelsier Ventures, is once again at the center of a crypto scandal. Following his involvement in the LIBRA meme-coin scandal, which shook Argentina’s political landscape, Davis has resurfaced with another questionable project—$WOLF. Let’s take a look at the newest crypto scandal and what the story is behind this infamous CEO. Hayden Davis comes back with a new meme coin—$WOLFHayden Davis, CEO of Kelsier Ventures—the mastermind behind the scandal of LIBRA—is once again facing allegations. This time is for his involvement in the collapse of the WOLF meme coin, which once peaked at a $40 million…
Betters on Polymarket believe it’s now a certainty that the US Federal Reserve will wind down its quantitative tightening (QT) program by May of this year, a move many analysts say could trigger the next leg of the crypto bull market. By March 14, Polymarket’s betting odds that the Fed would end QT by April 30 was 100%, where it remains unchanged at the time of writing.The wager, titled “Will Fed end QT before May?,” has more than $6.2 million in cumulative trading volume.Polymarket users have assigned a 100% probability that the Fed will end quantitative tightening in the coming months.…
Thailand has taken a significant step forward in its digital asset effort by granting regulatory approval to USDT (Tether), the world’s largest stablecoin, for trading and payments on regulated exchanges. The country’s Securities and Exchange Commission (SEC) confirmed that new rules allowing USDT transactions will take effect on March 16, 2025.This move is seen as a strategic way to foster digital asset innovation while ensuring a robust regulatory framework that benefits investors, businesses, and the broader financial ecosystem. Thailand’s Regulator Recognizes Tether’s USD₮ as an Approved Cryptocurrency in Major Step for Digital AssetsRead more:https://t.co/OYrNk8yUaQ— Tether (@Tether_to) March 10, 2025 Tether…
Crypto asset management giant CoinShares says institutional investors pulled billions of dollars out of crypto last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says crypto products are enduring their worst run of investor outflows in a decade. “Digital asset investment products saw a 5th consecutive week of outflows, totaling US$1.7bn, bringing the total outflows over this negative funk to US$6.4bn. This also marks the 17th straight day of outflows, the longest negative streak since our records began in 2015. Despite prevailing negative sentiment, year-to-date inflows remain positive at US$912m. Following this price correction and sustained outflows,…
Solana (SOL) futures traded for the first time on the Chicago Mercantile Exchange (CME) Group’s US derivatives exchange on March 17 as the cryptocurrency’s mainstream adoption gains momentum. In February, CME tipped plans to list two types of SOL futures contracts: standard contracts representing 500 SOL and retail-friendly “micro” contracts representing 25 SOL each. They are the first regulated Solana futures to hit the US market after Coinbase’s launched in February. The contracts are settled in cash, not physical SOL. On March 17, the contracts’ first trading day, SOL futures representing a notional value of nearly 40,000 SOL, or nearly $5…
The crypto industry is rapidly advancing, and innovative use cases continue to emerge. Investors who identify the most promising cryptocurrencies could generate substantial gains in the coming months.This article looks at the leading cryptos to buy this week that could beat the market.MIND Of PepeSavvy investors understand the importance of buying projects that are unknown to the masses but could disrupt the current status quo. MIND Of Pepe is exactly that.It’s an AI agent built around the Pepe the Frog meme coin. The agent controls its own wallet, interacts with dApps, engages on social media, and analyzes trends. $MIND holders are…
Key Takeaways: Robinhood debuts a dedicated area for trading contracts based on future events. The platform covers topics from economic shifts to sports tournaments. Contracts are executed through a regulated exchange ensuring oversight. The move broadens retail access to market instruments traditionally reserved for institutions. Robinhood Derivatives, LLC announced on Monday it is launching a dedicated prediction markets hub through KalshiEX LLC, a CFTC-regulated exchange. We're excited to power @RobinhoodApp's prediction markets hub!Together we'll bring event trading to 25 million users – starting with this year's college basketball tournament! pic.twitter.com/ouoMShtIiq— Kalshi (@Kalshi) March 17, 2025 In a blog post the…
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,…